Wednesday, October 31, 2012

Ray Auxillou, Mrs. Sharon Auxillou Urscheler, Mrs. Silvia Auxillou , Oct. 28th 2012 in Hillview, Belize

Ray Auxillou a week and a half before his 75th birthday in Hillview, Belize.  See the tumor on the
side of his neck.  Daughter Sharon Auxillou Urscheller who came down from Miami, to drag him kicking and screaming and take him back to Miami and put him in the hospital.
          _____________________

  Ray Auxillou on left, Sharon Auxillou Urscheler in the middle and Ray's wife Silvia Auxillou.

CGA HOLD MEETING AND DEMONSTRATION AT POMONA.

PROTEST MEETING TODAY AT POMONA BY SMALL GROWERS.  THE PLUS TV CLIPS WERE BRIEF.  They did show two POLITICAL AGITATORS stirring up the crowd with disinformation and twisted truths.  One agitator was Melvin Hulse. Didn't know the other fellow.  The growers looked young and campesinos.  They probably do not have internet computers, or other means to educate themselves.  I feel sorry for them, as they were obviously from this OUTSIDER's viewpoint being stirred up and led astray by people in the CGA with twisted and half baked lies, scattered with a smattering of truth, in order to convince them.  I suspect the leadership and agitators are fighting over getting salaries and position, off the CGA membership.  Saw it over decades in my own Northern Fishing Cooperative.  Always the same!
  Last night caught a program on Love FM interviewing some government bureaucrat. Didn't get a name, but he proved both CGA and Rise and Shine TV program were spreading lies and untruths.  Shame on the guy who calls himself a Christian Pastor.  According to the LoveFM interview, the bureaucrat represented the government in the meeting last week, in which the opening of the FACTORY and price stuff was discussed and agreed upon.  CGA were there, the other ASSOCIATION where in it, and Banks Holdings operator of the FACTORY was there in the meeting.  The government bureaucrat did say, that this meeting last week DID agree on the start of receiving GRAPEFRUIT only.  Which makes Rise and Shine PASTOR,  a dumb hoodwinked country bumpkin, in my book.  So, both Rise and Shine TV and CGA are LIARDS from this outsider's viewpoint, each with their own agenda.  TV program probably seeking advertising dollars and circulation, OBVIOUS from an outside viewpoint.  No matter if it is coated in CHRISTIAN BULLSHIT rhetoric..
  The government representative did say, there is a problem with the CITRUS ACT, as it has not yet been amended, as there are now by LAW, allowed by the Supreme Court more than one ASSOCIATION.  The government will fix that.  However the CGA agitators in it for their own benefit obviously, pushed the facts and squirreled them around a bit, to make themselves look good.  Too bad for the illiterate less smart CGA membership?
  One lie, I didn't like, is that the CGA hold 51 % of the shares in the FACTORY.  This is not true, as while they are holding the shares, they owe the OTHER Association membership ( forget the title ) 10.2% holding of that portion of shares and have not transferred them yet.  In fact, they are such swindlers in the CGA I doubt they will EVER give the other former members their share of the FACTORY shares?  You can know people by their actions, not by what they say. They haven't given over the shares in the FACTORY yet, some 10.2% of what the CGA is holding, so nuff said on that.
  There was supposed to be another meeting today I believe, for agreeing on price and delivery dates for oranges, if I remember the Love FM interview properly?  In the meantime, the stirred up small growers in the CGA, are ruining themselves based on the crap the agitators are handing out as disinformation, and holding off delivering grapefruit for four days.  Who do they think they are hurting?  Only themselves!
  There was a blurb on FACEBOOK, by another TV station.  Not sure what station that is, but it said the SMALL GROWERS in the CGA grouping were demanding their RIGHTS.  I cannot figure out what rights?
They really only hold 40.8 % of the shares in the FACTORY, the other 10.2% belong to their former members who were forced out in  disagreements with the bad management and had to form their own ASSOCIATION.  NOW they have rights by longevity to 10.2% of those shares.  So are the CGA stealing them?  Seems so, from this outsider's viewpoint?
  As to CONTROL, this is based on the LEGAL AGREEMENT signed by CGA leadership for the membership long ago.  Melvin Hulse  gave another lie, and said that was not important.  Which made me wonder if he had a hand in it, long ago?
  ALL the growers in both ASSOCIATIONS,  lost CONTROL OF THE FACTORY by the legal agreement.  Like any SWINDLERS, CON MEN, AND CRIMINALS, the agitators and leadership OF THE CGA,  are convincing the CGA membership that they are entitled to swindle the investor out of his LEGAL AGREEMENT that they signed.  Sounds Belizean for true!  Just my opinion from watching and listening to the TV talk shows and the newspapers.  I think the CGA need to reform, or restructure into a COOPERATIVE, they will not go anywhere as an ASSOCIATION, except let people take advantage of them, in order to raid the CGA treasury for salaries and benefits, at the membership expense.  Saw it come and go in cycles in our Fishing Cooperative history. Personal greed and human nature at work.  This is all old story to me, from Caye Caulker. Instead of lobster and fish, it is about citrus fruit.
                  _________________________________________________

  What the SWINDLERS and CRIMINALS in the CGA are trying to do, according to later and different TV channel news and talk shows.  Is harass, Banks Holding Ltd., from Barbados, who put tens of millions into the citrus factory, in return for SHARES and CONTROL, in a LEGAL AGREEMENT and try to inconvenience them ( Banks Holdings Ltd ) so much; they give up their money to the CGA, by giving them back CONTROL.  Failing that, the strategy was explained by the media, that the CGA otherwise, will cause and are causing, POLITICAL BLACKMAIL on the party in power, of our government. They want OUR GOVERNMENT and OUR TAXES, to BUY OUT Banks Holdings Ltd. and give them back the whole investment.  Disregarding there is another ASSOCIATION of growers nowadays and will be in the future probably more fruit growing associations, cooperatives and processors. The whole business from day one, going back to the original LEGAL AGREEMENT BY CGA,  I interpret, is to get TENS OF MILLIONS OF DOLLARS invested,  FREE!  They are pre-meditated SWINDLERS AND CROOKS.  Apparently, their credit is no good.  They can't borrow from anybody, as they are untrustworthy swindlers.  Are using parades, media and a lot of harassment on legitimate people doing real business.  The latest is to EXTORT from our joint government, the tens of millions in a screwy loan, to the CGA.  They are acting like a MAFIA gang, not serious small business people.  I wish them well in ordinary times, but cannot understand why they don't form a a cooperative, or different district area cooperatives and pool resources like we fishermen have done throughout the nation.  This EXTORTION, lies and swindling by the CGA, offends my sense of propriety.  Much as I sympathize with smaller groups of producers, THIS just smells and acts, TOO BLOODY BAD for me.  When they try to help themselves and form cooperatives, the government has at least this voter's vote, to assist them somewhat, to start again. But OPENLY to go about STEALING tens of millions of dollars, either from Banks Holdings Ltd., or from our political elected government, via EXTORTION, I cannot countenance.  They made a deal, now stick to it, and if there are consequences you don't like, then start over and learn from it.  You don't go screwing the rest of us hard working people in the country out of our taxes, the government has to spend on infra-structure.

Educationa versus intelligence!


IRELAND debt to GDP ratio over 500% while Belize is over 100% to GDP

IRELAND COMPARED TO BELIZE !

  I was startled watching the business channel, that Ireland has gone from an IT paradise, as in rising star, and bigger GDP, more technological education; and fallen to a crapped out governed state again?

  CNBC was stating that Ireland Debt to GDP ratio is the WORST in the world, at over 500% debt to GDP, which makes the Belize Debt to GDP ratio of over 100% look even healthy. ( smile and groan )

Tuesday, October 30, 2012

CITRUS ARGUMENTS DEBATE among CITRUS PRODUCERS.

  Saw another show, in which CGA, Citrus Growers Association, holder of majority dividend earning shares in the new factory operation, were playing spoiler, with spurious arguments of why they should RENEGE on their LEGAL AGREEMENT with Banks Holdings Ltd.

   I'm reminded of the young man who stabbed another man, who was acting as peacemaker between two fellows who were quarreling.  Took out a knife and fatally stabbed the Good Samaritan peace maker.  Now he goes up for MURDER ONE.  Kind of like the CGA.  They get millions to pay off their debts, millions invested in new product lines and factory rejuvenation expansion and like the murderer with the knife, is pleading innocent, or extenuating circumstances, of why he should not be sentenced for murder.  Lost his temper, it was an accident, I didn't mean it, etc., etc., etc.   When you take actions there are CONSEQUENCES.  The CGA need to take the CONSEQUENCES.  You cannot welch out of your committments.  They got their loans covered and saved themselves from bankruptcy and loss of it all.  Now the factory is turning profitable, they want the government to muscle the financial rescuers out of their millions, and refuse to be a man and take the CONSEQUENCES.  Change your CGA leadership, maybe you will get someplace again, rebuild your organization?

  What I don't see mentioned, is that the majority PRODUCERS of citrus, of the CGA, the media say; is that they left the CGA over the bad leadership.  They formed their own CITRUS ASSOCIATION.  Now if these losers that are the old time CGA relics, want to show integrity, they should hand over to their former members, their share in the factory of shares,  based on production, of the FACTORY shares, to the new ASSOCIATION. Or is it all gimmee, gimmee, gimmee and screw you other citrus producers?


  They did raise a technical point about the CITRUS ACT, done to give a MONOPOLY and political control in the past, and the price rate and starting date legislation.  To me that is no longer valid and should be deleted from the LAWS OF BELIZE.  Court cases have changed the dynamics of the citrus producers and the CGA no longer represents ALL the citrus growers.  There are OTHER citrus growers in another CITRUS ASSOCIATION with rights too, ( the media say they also produce more fruit ) also if you wish to press the point, also have RIGHTS to some of those SHARES held by the former CGA.
                     __________________________________________________
 From:  Francis Gegg           ( the other side of the argument )

It is one thing to speak from a position of knowledge and authority, than to speak from a position of a complete lack of knowledge or understanding of what is happening in the Citrus Industry and at CPBL.  Before writing such dogmatic perspectives and opinions, any wise person would familiarize themselves with the truth and the details of what is happening in the industry and not make claims or statements which are patently untrue.  

Henry Canton and Banks Holdings and the previous Directors of CGA and CPBL have breached their Fiduciary Duties, Obligations and Responsibilities to the majority share holders CGA, and are liable for all of the accumulated losses which they have racked up as a result of their intransigence and obnoxious behavior, and lack of competence to operate the company profitably.  A factory with the capacity to process 10 million boxes of fruit is barely processing 5 million.  The CPBL groves have been poorly managed, and average less than a box per tree.  The global average is 2.5 boxes per tree.  Get the drift Ray? This has all happened with prices of these commodities at historic highs.  You make sense out of this one, or maybe of the back handed sweetheart deals which have been made with the major buyers of the company's products at hugely discounted prices to the detriment of the producer.

Maybe now you will understand why he and they don't want to give up control.
           ____________________________________________________

*************  I would like to know WHEN or even IF, the CGA will share the shares with their other previous members in the CGA who formed another ASSOCIATION, or Company, because they could not countenance the reckless management clique of the CGA and accumulated losses they kept racking up for their own benefits.  If the CGA is still holding 51% of the shares they have in the factory, then WHEN WILL they give 10.2% of those shares to the members who were forced out of the CGA, by their reckless management actions? ( based on formula of CGA 80% small producers produce 20% of the fruit, while they next Association produce 80% ) That would show the rest of the nation, that the CGA is an HONEST partner, and not greedy self serving crooks.  Also when will the CGA change from an ASSOCIATION to a COOPERATIVE?  If they wish to own and manage; production, processing and marketing of citrus fruit. Like the Fishing Cooperatives.  Associations are no good for business in my opinion.  Too many opinions and no rules or regulations.  Just too loose. ******************
                    ___________________________________________

Ray's argument for the majority shareholders to give up their controlling interest doesn't make him a "fucking capitalist."  His argument is not at all reflective of a traditional capitalist point-of-view or mindset.  Ray is ignorant about a lot of the dynamics in the industry and he likes to try to be provocative by making rash uninformed statements that appear to be outside the box thinking.   As the majority shareholders, I would think that the CGA are the ones who would want to engage by the rules of capitalism.  Nothing wrong with that.  Belize needs more capitalists and fewer opportunists.

MEL
                 ______________________________________________


Monday, October 29, 2012

BELIZE TV, RISE AND SHINE, CONTINUE CITRUS CONSPIRACY THEORIES SHOW.

RISE AND SHINE TV SHOW, CONTINUE TO CONTRIBUTE CONSPIRACY THEORIES AND HALF BAKED ARGUMENTS TO THEIR EXPOSE TELEVISION SHOW.

  The past Sunday show I saw, came up with questions about $22 million in losses.  Which if EITHER of the TV Hosts EVER operated a company Ltd., would have been able to answer ?  Losses come about, by writing off losing processing lines, obsolete equipment, depreciation on inventory of equipment, etc.  Nothing sinister about have losses in this company bookkeeping.

 
There was a nifty piece about Henry Canton, FRONTING for Hummingbird Citrus.  From the description given, it would seem BANKS HOLDINGS LTD took the citrus acreage owned by the factory, which was, or is a loser, and transferred it to it's own separate company structure.  Three shareholders involved in the new company and Henry Canton, is listed as shareholder, based on a $3.5 million loan.  The citrus grove is currently not profitable, but a loser financially.  That Henry is FRONTING for BANKS HOLDINGS LTD., I have no doubt and as these things go, simply ALREADY PROBABLY wrote off his so called, share ownership, over to BANKS HOLDINGS.  He's just a figurehead and if he makes the groves profitable, will earn his salary.  It's hard for BANKS HOLDINGS LTD, to do that; being an absentee controlling owner, from far off Barbados. You need to provide a cash incentive to make somebody work for you, as an absentee owner. When I operated a company, I was never able to pay myself a salary, or make enough to cover depreciation on equipment.  Still while a losing operation can lose on the books, one might get some bread and butter bare necessitities out of it, at times, as a business expense. One day you can only hope to make it profitable.  On the other hand, the land itself can be used as security, for offshore bank loans, you need to develop new product lines at the factory. Nothing sinister or criminal here that I can see.  Jealousy and envy I can see, but otherwise NADA.  Just a couple of country bumpkins as TV hosts, trying to understand the corporate business world.

  Far as I can see; the CITRUS FACTORY squabbles between shareholders, is a private affair, legal agreement and so forth.  Nothing either the nation itself, or the Government should interfere with.  Let the shareholders continue to fight their own battles. That is what the legal court system is for and designed to do.

  

Saturday, October 27, 2012

SINGLE MOTHERS IN BELIZE OPPORTUNITIES!

Kids on Southside Belize city and apologists should take note.