Liquidator committed to EUFA BLUE CHIP Meetings

The liquidator for the many failed companies associated to Blue Chip, Mr Jeff Meltzer, has accepted an invitation for himself or a representative to attend EUFA meetings planned for Tauranga and Auckland’ for Blue Chip investors. Mr Meltzer is hoping he can attend both meetings personally.

Mr Meltzer contacted Coordinator of EUFA, Mrs Suzanne Edmonds, last night to accept the invitation.

agree will positive and comforting to the investors to see him in person and put a face to the name.

The office of the Ministers of Commerce has indicated that Minister Ms Lianne Dalziel may also be able to attend the Auckland meeting, although the Minister has only had short notice and the meeting may conflict with her diary. She is out of the country for the Tauranga meeting.

Mrs Edmonds said from Auckland last night ‘’We have not heard from the Commerce Commission or Serious Fraud office as yet but they only received the invitations yesterday, immediately after the meetings were planned”. Mrs Edmonds also added. “We are delighted that the liquidators office will have representation and have accepted our invitation”, as very often people in these types of positions make themselves untouchable. It was obvious from the phone call from Mr Meltzer that he is very approachable. “

EUFA believe that coordination is a key factor in gathering much needed information to work toward positive results. Getting information to people helps quash rumour and lessons anxiety of which is rife at these times.

Critics of EUFA cannot relate to the ‘out of the square’ approach to the financial crisis that has hit decent New Zealanders, but EUFA volunteers and members are committed to work in any way possible to seek positive remedies for recovery for investors.

EUFA members who have invested in other finance companies may feel Blue Chip is dominating the EUFA work. Investors can be assured this is because it is a new crisis and topical, however behind the scenes volunteers are working collating all the information to be used in whatever forum EUFA can. EUFA are committed to fully represent every investor from all failed companies, from Bridgecorp to Blue-Chip in anyway it can, to assist in seeking recovery for EUFA Members.

Administrator for EUFA Mr Alan Moore said from Auckland this morning “Our data base and membership is growing by the hour. Our phones never stop ringing and emails and correspondence is overwhelming, but it is very rewarding to see the difference we are beginning to make. We are providing an avenue for individuals to feel they can achieve something by, joining together to put forward their common concerns. At this stage I believe we have only seen the tip of the iceberg.”