well i better not argue with the boss other then to say 2 things:

1> if people are stoopid enough to invest in unsecured things like this then who can help that.....fair enough
2> its dissapointing however that the possibility that any company might / might not / can / will ....continue to rip people off if chat forums wont let the community become more aware of them whether bad or good via well....forums!
Moderator you may aswell bin this thread if we cant use their name as it now defeats the purpose of asking the original question or allowing anybody to know for future reference

i should be able to say ....as its fact...i rang this particular company today to question them. i told the person on the other end i was ringing on behalf of someone they got interested in this. I mentioned i live mostly off a punting system, have been involved in the horse industry for many years, own a horse and have some questions for him........

1. he didnt know his bosses name without having to look it up whilst talking to me.
2. he didnt know how many people are already in it
3. he didnt know why the company changed names in 01/07 from a 'property development' company on the gold coast to now an arbitrage company
4. he infact wasnt able to answer any questions unless i email him my questions.
5. when he knew it was not much of a conversation and diverted to email again he told me he was in charge of 'technical support' 'computer help' i asked him what help do people need? there is no hands on by the investor...you get traders to do the work.

^^ i think you get the drift of how the rest went.