Finance Forums

If you join our action, ERG should win the case vs govt.
After 2 years fighting, Our progress ---  
   1. The big boys fail to make S/holders forget ERG. Our members much more than 15s as initial.
   2. All facts match our forecasts 2 years ago --- We lost all, not due to bankrupt. It due to that scandal govt officials and the foreigner want to get extra $1 billion from taxpayers, and big directors want to grab all before profitable. They used GFC to do. 
   3. On case vs govt. Big boys fail to delay the hearing till 11/2011, the court will hear before NSW election. Everyone known NSW govt with scandals and  corruption officials. If 17000 ERG losers join our 2011 action to increase 30% for win, your shares could worth $200m/860m=$0.232/share. 
   4. On big directors wrongdoing. The more data prove misleading on ERG value. The regulators are facing more public pressure. If our group bigger, they have to action. 
   Post By ERG Shareholders Group . new issues every 2 weeks, to get more by google [ERG shareholder site]. For old members to confirm to join 2011 actions, and for new join, please e-mail to ergshareholder@hotmail.com

{ Videlli VIX ERG 2011 AGM: Big Change} page1

By ERG victims group, ergshareholder@hotmail.com, google: ERG shareholder site.

   The last AGM on Nov 14th. Important in report:

   1. Hearing on 20/2/2012. It avoided best time --NSW election, when NSW people landslip voted govt worst. But now facing 2 parties, their people are everywhere. May be inside ERG, eg. chairman who cause 1st hearing failed ? lawyer / consultant who mislead ERG to fail? May be in the court. They choice worst time – GFC2, good for finally destroy us. We believe the super power made crisis for corruption, only 30% win.

   2. Mr.Saville shares changed -- 257m-242m=15m. If win 0.2/share, he only earn 3m. Why he cares to win? He used 242m empty shares to exchange away our 50% interests in VIX ERG, completed transfer all our assets to his VIX Pty Ltd. For us to forget all, he cleared ERG brand. He doesn’t pay any for our assets and case, we will pay 20m case cost, he get 15% interests, He just lend to us. If case fail, we will ask our 5/8 interests in VIX by class action.

    But now we thanks and support him for organizing against govt and loan. So he can keep all he got in VIX if we win and recoup 0.23/share.

{Page 2}

   3. ERG address changed. Perth HQ may close, staffs gone?

If case fail, we are striped as nude frogs, and slowly boiled to die. ERG door will shut forever. But if 17000 victims join us, door still open. We can do ---

   1. In AGM, Don't vote any. If vote Yes, in future action, they will say u agree.   

   2. During hearing, protest outside, spread facts to public, to let court know 17000 victims.

   3. On court, reveal how the big politicians and boss damage public, results same as corruption.

   4. Post Hearing, Class action in USA, free, no risk, just e-mail to us, to push SEC inspect C with corruption record, Push ASIC inspect misleading.

{ Next Post: Question list for the NSW big politicians in hearing }

{ NSW Big Politicians, Please Answer--}

  1. If it is not Zone cause the problem, why they changed Zone for their favour Cubic just before monopoly tender?

  2. If it is because of ERG delay, why they satisfy Cubic breaching contract by long delay. They cause Sydney commuters delay 7 years to use T card.

  3. Why they keen to pay extra $1 billion for Cubic to begin new, rather than 0.2 billion for ERG at final stage. They cause every NSW people (include infants) lost extra $138 for unnecessary 7 years delay.

  4. Why they such hate ERG, so that used GFC to deliberately destroy us. Do they work for some foreigner to kill Aussie competitor? For that, they don’t care Australia No.1 I.T. industry to die, make crisis for 17000 Aussie investors to lost 100%, also don’t care Sydney commuters delay 7 years to use T-card.

  5. Why they so favour C. What is relationship between the officials and the foreign company with crptn record.

… more sensitive questions keeping for them during hearing.

By ERG victims group, ergshareholder@hotmail.com, google: ERG shareholder

{Q&A: What we’ve done by 2011}
Q: Before to help U, We want to know what actions U take?
A: During 4 years, We’ve done:
    1.Keep ERG floating on Google top page, so 17000 victims remember loss. Members increase from 15 to 70. It is important for preventing big boys murdering us as McGurk. Because 70s with the secrets link each other, and we registered in the foreign regulators, any murdering must trigger inspection on them, and automatically prove guilty.
    2.Monitoring wrongdoing progress, analysis and reveal truths to shareholders. So far, most of our forecast realized: ERG is profitable rather than bankrupt, T-card axing is for C company rather than politics.    
    3.We set a situation for 3 big boys --- If they let ERG shareholders to win the case and get $0.23/share, also they pay all case cost, then 1st and 2nd boys will get $1 billions, 3d boy will get $0.1 billions ERG assets + case cost.  Otherwise 1st and 2nd boy may pay $2 billions to SEC, 3d boy may loss all ERG assets for misleading. These clever big boys must know right choice. Recently, Siemens paid $1.9 billions to SEC for $1 billion project in Argentina. 

    Wish U Merry Xmas, With Good Hope of Recoup Next Year! 
Ur most valuable friends, ERG victims group, will recoup all for u.
ergshareholder@hotmail.com, google: ERG shareholder site.

{Correct a mistake}

Right sentence is ---

  3. … 3d boy will get $1 billions ERG assets;

rather than “ $0.1 billion”. It is a mistake.

Sorry about that.

Post By ERG victims group.

23/2/2012

ERG Big Directors Cancelled T-Card Case!

17000 investors lost all. All as we forecasted 4 years ago:
   At profitable point, used GFC ---
   1. Politician big boys (A) axed ERG. Passed benefits to a corruption company (B), Added cost x3, +7 year’s delay. 
   2. ERG Big directors (C) used the case to mislead us giving up all assets, after complete, then cancelled pretended case.
   3. Underneath, ERG Big boys C, may transfer 90% completed T-card assets to (B) to get same income.
 

   The worst results --- 17000s lost all for a profitable business! NSW lost 1 billion! 4 millions commuters suffer 7 years delay!
We've strong evidences on big directors misleading us to vote for transfering assets , also believe that some corruption caused our loss. 
 

   By now, ERG shareholders must confirm --- Big boys never give u any, the only way to recoup is join our class action group without any cost and risk, by sending u e-mail address to us, we will tell u how to recoup. Plz inform more victims by google “erg shareholders site”, to push our page at top, and post our site or messages in hotccoper forum ( it ban us ).
 
Post by ERG victims (shareholders) class action group.

ergshareholder2@yahoo.com.au and ergshareholder@hotmail.com

Send to both better for safety.

{Letter Page 1}

By ERG Victims Group OUR Reference: 35250/08.  ASIC Reference: 29440/09

e-mail: ergshareholder2@yahoo.com.au or ergshareholder@hotmail.com

To: Nicholas.Roper@asic.gov.au

ASIC

Dear Sir,

We represent 17000 victims, to complain directors, Mr….  misled us in 2008 vote, by false value and a false litigation.

    1. False Value on ERG Assets.

{ERG / Videlli / VIX Victims Complain To ASIC}

By ERG Victims Group

e-mail: ergshareholder2@yahoo.com.au or ergshareholder@hotmail.com

To: Nicholas.Roper@asic.gov.au

ASIC

Dear Sir,

We omplain ERG directors, Mr….  misled us in 2008 vote, by a False litigation Action Against NSW Government, to grab all our ERG aseets.

    On 17/2/2012, after he completely took our assets, he has cancelled  litigation before hearing. He has 

ERG / Videlli Shareholders Class Action Group
e-mail:  ergshareholder2@yahoo.com.au or ergshareholder@hotmail.com
Date : 29/2/2012

To: ERG / Videlli Limited Control Director 
Australia
Email enquiries@videlli.com

Mr. Duncan Saville

We are representing 17000 ERG shareholders benefits to against that you’ve breached your promise in 2008 restructure

vote, and cancelled T-card litigation. You’ve privatized out assets without any payment.

Therefore, you should buy back all of our members ERG / Videlli Ltd shares at $0.63 per share that is true value of ERG. At

moment there are 70 members only, but later it could be 17000s. If you could do so, we would stop the class action. We are

waiting for this week, and will start class action in next week.

By laws, members of public company have rights to know who is in the company. Also members have rights to know other

member’s ideas. The board have not rights to block members to know information of the company.
Our group require Videlli Ltd board send list of shareholder’s names and contacts to our above e-mail address or to some of

our members by e-mail or mail.
Refusing to do so, it would be illegal.
70 Members are waiting for your answer.

Your faithfully
Members of The Group  

 Q:  I'm just trying to find out what happened to my erg shares.  I understand they are now videlli but I don't know how to sell them or what they are worth.  

A:    Our {Q & A on 28/2/2012 } could help you to know inside story of T-Card crisis.
We advice you keep shares and join our class action to force Big Directers pay us at our price --- $0.63/ share (that is true value of ERG).

You also can sell to Videlli board at their price -- must less than 0.0001 cents. They buy for clean your rights of $0.63/share and destory ERG shareholders class action.

We’ve sent out complain letter to ASIC today, on directors misleading, and will contact 17000 ERG victims.
You had better wait to see how ASIC action and our class action, then decide sell or not, don't urgent.

Want know more or join us?  Please e-mail to  ergshareholder@hotmail.com

Post by ERG shareholder class  action group

{Page 2}
    2. Keep shares with 5/8 interests in VIX by law. You still can claim loss, as VID will wind up. Join class action. We will boil them with long time too. Facing so many big boys with so powerful, it looks like impossible mission. But they are not sustainable, as the laws on our side. 
 
   * Possible win as ---
    a.Can get ERG member’s registers by law, 17000s who know truths will join us.
    b.2 misleading evidences ready, we will hire foreign lawyer who don’t scare politician here, to deal with the easy case for $200 millions profit.
    c.The litigation didn’t judged fail by court, so we still can continue class litigation to against NSW govt. By laws, VID should pass all documents to us.  For the foreign lawyer firm, the documents are ready, for 30% of $200m=$60 million, total $260 m profit. Why not?
    d. Separately set up a Whistleblower Group in USA, to push SEC inspection on corruption. Lawyer firm will share 30% of $2 billions= $0.6 billions.
    e.In next year election, the politician gang will fail at 19/67, no more power.

   * If Fail, ---
 it still worth to fight, because we were robbed all. We lost all, they also must lost. During we fight on web for 4 years, VIX can’t get any large project. After research, nobody trust this mean boss!

{ Litigation Cancelled, Class Action Start } 
{Page 1}
by VID / ERG / VIX Class Action Group, e-mail: ergshareholder@hotmail.com
Plz post the title in Hotccoper, and details in google “ERG shareholder site”. 
We will send u progress on ASIC later. Notice us if e-mail changed.
  
    It’s one month now, after ERG Litigation cancelled. The Litigation is director’s trap, by delaying very long time, to let’s forget our money, and don’t against him to grab all ERG $1 billion assets before peak income. 
   
    Now 2 ways for us to go ---

    1. As director's hope --- believe u invest wrong, sell shares at 0.001 cents, left money then go away. Blame u self, why u didn’t trust our advice, but trust robbing directors and didn’t vote against in 2008. Even though u still can keep HIN# for recoup, as our class action cover all by 8/10/2008 if we win. But if you sold, directors may get excuse no pay u.

{ continue page 2 }