On Friday 2 August, Ryk van Niekerk of Moneyweb has expressed his frustration at these ongoing delays via this post:

www.moneyweb.co.za/news/south-africa/cipc-investigation-into-who-san k-sharemax-and-other-schemes-has-ground-to-a-halt/.

But, his frustration cannot be greater that that of the people who have been fighting for justice for the Sharemax and other PSPC company investors, for so long.

More so, it cannot be greater than the frustrations of the Sharemax investors/the Nova Debenture Holders, who (or most of whom) have been waiting for delivery of funds repayment out of the Sharemax Business Rescue Plan (BRP) for so many years.

It has now been advised that the CIPC Commissioner wants the Department of Trade, Industry & Competition (DTIC) brought into the loop by way of them having to be informed of where the investigation stands and what, if any, their (DTIC’s) involvement in the PSPC industry back in the day, might have been.

This, of course, means yet another delay whilst DTIC addresses the matter.

The investigation has been on the go for some two years now and the CIPC report which should originally have been released late in 2023 is still awaited.

How much longer before the Sharemax investors get what’s rightfully due to them? Will we now even see any such outcome this year?

Ryk van Niekerk van Moneyweb het Vrydag 2 Augustus sy frustrasie oor hierdie voortdurende vertragings uitgespreek via hierdie pos:

www.moneyweb.co.za/news/south-africa/cipc-investigation-into-who-sank-sharemax-and-other-schemes-has-ground-to-a-halt/.

Maar sy frustrasie kan nie groter wees as dié van die mense wat so lank vir geregtigheid vir die Sharemax en ander PSPC-maatskappybeleggers geveg het nie.

Meer nog, dit kan nie groter wees as die frustrasies van die Sharemax-beleggers/die Nova-skuldbriewehouers nie, wat (of die meeste van wie) al vir soveel jare wag vir terugbetaling van hul skuldbriewe onder die Sharemax Besigheidsreddingsplan (BRP).

Daar is nou in kennis gestel dat die CIPC-kommissaris wil hê dat die Department of Trade, Industry & Competitiion (DTIC) in die lus gebring moet word deurdat hulle ingelig moet word oor waar die ondersoek staan ​​en wat, indien enige, hul (DTIC) se betrokkenheid by die PSPC-industrie destyds sou gewees het.

Dit beteken natuurlik nog ‘n vertraging terwyl DTIC die saak aanspreek.

Die ondersoek is nou al sowat twee jaar aan die gang en daar word nog gewag op die CIPC-verslag wat oorspronklik laat in 2023 vrygestel moes word.

Hoe lank nog voordat die Sharemax-beleggers kry wat regmatig aan hulle toekom? Sal ons nou selfs hierdie jaar so ‘n uitkoms sien?

Persone wat sulke versoeke stuur, moet asseblief daarop let dat elke nuusplasing op ons webwerf (www.ndcag.co.za > Latest News) in beide tale verskyn. Maar, net een News Alert e-pos gaan uit en vir sommige ontvangers kan dit by geleentheid in die “ander” taal wees. Dit is te danke aan die manier waarop ons e-posversending opgestel is in die stelsel wat NDCAG-registrasies en kommunikasie huisves – baie vriendelik gratis verskaf deur ‘n familielid van ‘n skuldbriefhouer

DAAR IS ‘N EENVOUDIGE MANIER om maklik die teks van ‘n ontvangde News Alert e-pos in die ander taal te sien

Gaan eenvoudig na die webwerf en klik op die “Latest News”-knoppie in die tuisskerm of blaai af na “Latest News” waar die jongste plasing in albei tale sal verskyn

We frequently receive requests to provide our web site news post texts in either of English or Afrikaans where such requestor has received one of our News Alert emails in the “wrong” language

Persons who send such requests should please note that every news post appears in our web site (www.ndcag.co.za <www.ndcag.co,.za> > Latest News) in both languages. But only one News Alert email goes out and for some recipients this may on occasion, be in the “other” language. This is due to the way that our email transmission is set up in the system that hosts NDCAG registrations and communications – very kindly provided free of charge by a family member of a Debenture Holder

THERE IS A SIMPLE WAY to easily see the text of a received News Alert email in the other language

Simply go to the website and click on the “Latest News” button in the home screen or scroll down to “Latest News” where the latest post will appear in both languages

– ‘n Mediavrystelling word binne die nabye toekoms uitgereik – dit word nou gedurende hierdie week verwag
– Terselfdertyd sal die vrystelling van die verslag oor die ondersoek van Nova en die sluiting van die PSPC-industrie ook plaasvind

Besoek die CIPC Kennisgewings-bladsy by www.cipc.co.za/?page_id=2911verslag om uit te kyk vir mediavrystelling

Of die tussentydse verslag openbaar gemaak en/of op die bogenoemde webwerf gepubliseer sal word, moet nog gesien word

Dit is nie op hierdie stadium duidelik of hierdie vrystellings die “finale” ondersoekuitkoms sal wees nie of hulle sal onderhewig wees aan die voorheen verwagte “dertig dae-oorwegingstydperk” (deur die ondersoekdeelnemers) wat gevolg sal word deur die hersieningsvergadering met daaropvolgende die Finale Verslag wat sal daarna vrygestel word

Dir moet gehoop word dat die vrystelling wel sal plaasvind, dat daar geen laaste minuut haakplekke sal wees nie en dat Sharemax beleggers uiteindelik positiewe (verkieslik BAIE POSITIEWE) nuus sal kry oor die terugbetaling van hul geld na al die jare van wag

* A Media Release is due out in the very near future – now expected during this week * Simultaneously, the release of the CIPC Report on the investigation of Nova and the close-down of the PSPC industry will also take place

You can visit the CIPC Notices page at www.cipc.co.za/?page_id=2911 to keep a look out for media release

Whether or not the Interim Report will be made public and/or published in the above site remains to be seen

It is not clear at this stage if these releases will be the “final” investigation outcome or if they will be subject to the previously expected “thirty day consideration period” (by the investigation participants) to be followed by the review meeting with subsequent Final Report to be released thereafter

It is to be hoped that the release will indeed take place, that there will not be any last minute hitches and that at last, Sharemax investors will get some positive (preferably, VERY POSITIVE) news regarding return of their money after all the years of waiting