Friday, September 12, 2008

LKM Investors

We are self funded retirees since 2002 and now have been put into a devastating situation. We are feeling very angry not only with Lkm but with ourselves. We have always been self employed and any dollars we have has been our own. When we sold our business after 13 years 1989 to 2002. We placed it with lkm capital. We were never informed of any risk. It was always 100% guarantee. We knew the family and trusted Rolf would always overseer the company to make sure investments were secure. After the sale of our small block of holiday units in Coffs we thought we needed help with investing such a large sum of money so trusted the so called professionals. Wrong. At present we are waiting it out to hear from the receivers. We have lost faith in so called professionals. What now. Why should we have to sell off our assets so they can pay their debts. Maybe these professionals with all the brains should sell off their personal assets and pay off their own debts. We always paid our debts and if we were to go wrong, it would have been our own doing. These people have gong wrong big time and we are paying the price.
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