Simon Romana, also known as Hai and Haimana, founded Ira NRG in 2010 to turn sewage into electricity. The company folded soon after.
An energy company, whose founder claimed he could turn sewage into electricity, has finally met its demise, eight years after it was banned for selling shares without a prospectus.
The liquidation of the company Ira NRG has left everyone involved even the liquidator out of pocket.
Ira NRG was founded in March 2010 by Simon Romana, also known as Hai and Haimana, who claimed he could turn sewage into electricity through a process called gasification.
He had previously fou…
Read the full article at: https://www.stuff.co.nz/business/106897710/banned-sewagetoelectricity-companys-liquidation-ends-after-eight-years
CREDIT card customers will find it tougher to get plastic under drastic new changes that will force them to repay their debts in just three years.
From January 1 cardholders signing up to a new card must prove they can repay the total limit within this time frame.
Latest Reserve Bank of Australia data shows credit card limits hit a record high in April at $153.9 billion – on an average of about $9400 per card.
Under the changes implemented by the corporate regulator, the Australian Securities and Investments Commission, banks have less than four months to roll out the new rules.
Consumer groups believe the move is a huge win for credit card customers because it will lead to less people running into financial heart…
Read the full article at: https://www.gladstoneobserver.com.au/news/credit-card-crackdown-to-help-customers-get-out-of/3513952/
It was a tale of three murders but only one victim and a bitter falling out between a father and daughter.
Tiffany Yiting Wan and her Singapore-based father, Ah Ping Ban, had been on the same page when they told detectives they had no idea who had killed their mother and former wife Annabelle Chen.
But charged with murder and put in front of a Supreme Court jury over the past three weeks, each of them set about saving their own skin.
If Ban was to be believed, his former wife whose body was found in a suitcase floating in the Swan River died at the hands of her daughter on or about June 27, 2016.
This was scenario one. It had played out in the early hours of the morning, when a blazing row erupted after Wan told Ms Chen she had been in c…
Read the full article at: https://thewest.com.au/news/crime/murder-plot-fails-as-father-and-daughter-turn-on-each-other-ng-b88944194z
Its not coincidence that Gibsons long-awaited line of new guitars, dropped this week, touts conservatism and a back-to-basics approach: The Nashville instrument-maker is in crisis mode as it hammers out a company restructuring, battles supplier lawsuits and hunts for a new CEO.
Gibson declared bankruptcy in May after admitting that its attempts to branch out into a guitar lifestyle brand including acquiring an expensive home and audio electronics business in 2014 had saddled it with untenable debt, forcing it to unburden itself and refocus on its core business of musical instruments. CEO Henry Juszkiewicz told Rolling Stone at the time that the companys bankruptcy and restructuring would help it clean the slate and concentrate 10…
Read the full article at: https://www.rollingstone.com/music/music-news/gibson-drops-new-guitars-ceo-amid-financial-mess-719342/
Jude Petheram
Investors in Forestlands NZ Ltd say they have little hope of receiving their promised returns as the company goes into liquidation.
Forestlands put up no contest when the Financial Markets Authority (FMA) sought the liquidation of 18 of its subsidiary companies, the latest development in an ongoing series of troubles for the company. The application was heard in the High Court at Nelson on Thursday.
Four investors came to the Nelson hearing, representing the hundreds more who could not atten…
Read the full article at: https://i.stuff.co.nz/business/money/106864413/forestlands-has-gone-into-liquidation-owing-millions-to-investors
CREDIT card customers will find it tougher to get plastic under drastic new changes that will force them to repay their debts in just three years.
From January 1 cardholders signing up to a new card must prove they can repay the total limit within this time frame.
Latest Reserve Bank of Australia data shows credit card limits hit a record high in April at $153.9 billion – on an average of about $9400 per card.
Under the changes implemented by the corporate regulator, the Australian Securities and Investments Commission, banks have less than four months to roll out the new rules.
Consumer groups believe the move is a huge win for credit card customers because it will lead to less people running into financial heart…
Read the full article at: https://www.thechronicle.com.au/news/credit-card-crackdown-to-help-customers-get-out-of/3513952/
CREDIT card customers will find it tougher to get plastic under drastic new changes that will force them to repay their debts in just three years.
From January 1 cardholders signing up to a new card must prove they can repay the total limit within this time frame.
Latest Reserve Bank of Australia data shows credit card limits hit a record high in April at $153.9 billion – on an average of about $9400 per card.
Under the changes implemented by the corporate regulator, the Australian Securities and Investments Commission, banks have less than four months to roll out the new rules.
Consumer groups believe the move is a huge win for credit card customers because it will lead to less people running into financial heart…
Read the full article at: https://www.dailymercury.com.au/news/credit-card-crackdown-to-help-customers-get-out-of/3513952/