Nur mal einer kleiner Auszug von BigJim, er weiß wie man Kohle macht!
1999-2006 this business was sold in a management buyout to the management
Acquired shares in 3 companies from Satellite group for a total value of ($6 dollars)
with underlying assets of over $20,000,000
2000 acquired via third party 3rd mortgage over Bauhaus Pyrmont Pty Ltd, entered
into possession as third mortgagee. Acquired 4th, 5th, 6th &7th mortgage for $9 million
dollar discount to face value.
2000 entered into Design, Construct and finance project with Multiplex to complete
partly commenced project.
2001 settled sale of units, repaid ANZ Bank and Multiplex over $38 million. Total
earnings for Byrnes interest $7million.
Acquired mortgage over Terry Hills and Lake Jindabyne Hotel, appointed
administrator and subsequently sued receiver over fees, settled with 135% of capital
return. ($1million invested $1.35million retuned in 4 months)
Provided financial support to several mining companies (WA) provided underwriting.
(Sherlock Bay Nickel) plus other companies. Generated profit, fees and income in
excess of $3 million
Entered into investment loan with unregulated fund, sued fund for breach of contract
and default of facility agreement settled for $5 million which was fully paid.
Provided commercial funding to importers (SAAB Appliances) who imported electrical
appliances from China, fees, interest and income $1million.
Funded Fourex trader via access to Byrnes share trading account. Although lost
$500,000 in first 3 weeks, ultimate 3 months return $2.196m USD profit before traders
40% commission. Net profit after expenses $1.7m AUD
Acquired over $7 million in bad loans from finance companies in relation to
equipment finance, recovered cost outlay plus a net of $1.1m
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