WEBSITE PROMOTING REPLACEMENT RESPONSIBLE ENTITY SHUT DOWN; BALMAIN TRILOGY RAISES NEW CONCERNS ABOUT STACKS INDEPENDENCE

29 November 2011

Balmain Trilogy has today raised new concerns about the December 9 Unitholder meeting to vote on the future management of the Pacific First Mortgage Fund (PFMF), after the proposed new manager’s website was shut down.

Ray and Paul Stack are the directors of Stacks Finance, the proposed new responsible entity of PFMF and are also the directors of Pacific First Management Pty Limited, the proposed new manager of PFMF. Ray and Paul Stack closed the site after admitting that information contained on the website had not been authorised by them.

Please click on the following link to download a copy of the Balmain Trilogy’s media release.

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