Investors with questions: how a ‘clean food’ farm scheme born of Covid vaccine fears descended into rancour
Investors with questions: how a ‘clean food’ farm scheme born of Covid vaccine fears descended into rancour
Family Farms in NSW and Queensland promoted by Covid vaccine-sceptic group Parents With Questions were intended to operate outside a ‘corrupt’ food system. But not all has gone to plan
A bunch of contrary cookers working individually to fuck up a common goal
You just know it was a scam to bilk the cookers out of their money…
Best use of a pull-quote I've seen
Gotta love English adjective-participle ambiguity.
Permanently Deleted
This is the best summary I could come up with:
A promotional video for the Mount Lion Family Farm from last January shows soaring drone shots of lush paddocks filled with what it describes as “activated, wonderful, aware, awake people” at a party with pizza, live music and campfires.
Gibson, who has long advocated for regenerative farming, became the group’s public face, appearing at anti-lockdown and anti-vaccine mandate events such as the Convoy to Canberra in February 2022 and hosting a podcast with guests including Pete Evans.
Gibson told Guardian Australia: “Certainly the intention in the long term was for the farms to be financially viable … but at not [sic] time did we ever make a claim that anyone should expect a certain amount per annum … this was made abundantly clear to everyone at every stage.”
Dozens of the farm shares are now listed for sale on the Bricklet website, with some owners in Mount Lion and Cambroon trying to offload theirs at a 25% loss just a year after purchase – a situation affected, according to Gibson, by board disruption and disagreements.
In February, the then directors of Family Farm Cambroon applied for the company to be wound up, alleging it was an unregistered managed investment scheme (MIS) – where money is pooled by investors for a common enterprise, and which generally requires a financial services licence – and a liquidator be appointed.
Justice Thomas Bradley said of the situation: “The general … framework that confronted the court last time was a bit disturbing in that the person who was said to have been one of the promoters of the alleged scheme asserted his right as a shareholder to remove the directors a day before, or so, the hearing.
The original article contains 2,421 words, the summary contains 282 words. Saved 88%. I'm a bot and I'm open source!
while others “looked like they’d just climbed out of the lantana in Nimbin”
Lol, I lived not to far down the road until late 2019. That described me most days of the week, especially after a day spent clearing the stuff off our place.
Permanently Deleted