CORE SWINDLES

 

BHP Inc. isn't just one swindle

- its a series of inter-related swindles!

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These core swindles are inter-related and one can understand the reasons behind the BHP (Billiton Ltd) anomalous massive share-price variations, which produce the huge share-price trough over the mid-1997 to mid-1999 period, by inspecting the following graph in conjunction with reading the brief  explanation.




compare to - http://finance.yahoo.com/q/bc?s=BHP&t=my
(remember to allow for the merger with Billiton plc in mid-2001)

 

. explanation .

The anomaly with the BHP 21 year share-price graph is that the share-price should have sky-rocketed in July 1997 - when the BHP directors got their filthy little mitts on the rights to patents worth between $2 billion and $3 billion profit per annum before tax (Australian currency) as BHP was only making about $1.5 billion profit per year approximately (after tax) at the time!  Instead the share-price plummeted just before the grant of probate on my late wife's estate, where this estate was used to control the rights to this (FACE EMPLACED Services Support) invention.

The only explanation is massive share-price manipulation!  (or the BHP directors did not pinch this invention - yeah right)

. BHP are real cool dudes - they give you all the 'ammo' you need! .

 

 

PRESENTATION

In presenting these colossal frauds it has been found that this corporate malfeasance needed to be subdivided.  The two sections peripheral swindles & CORE SWINDLES are necessary because there is that much swindling of shareholders funds going on that its description needed to be sub-divided onto two web-pages - to avoid excessive downloading time!

(I also wanted to include a CARRtoon or 2)

 

 

 

BHP Inc.  series of colossal frauds

 

CORE SWINDLES
 
 

SWINDLE . 1 . 

   "share-price collapse"   $6 billion
         

SWINDLE . 2 . 

   "theft of invention"   $60 billion
     
     
  $14 billion
     
     
    FRAUDS TOTALLING   $80 billion
         
 

 

 



  SWINDLE . 1 .   "share-price collapse"


$6 BILLION FRAUD

COINCIDENCE ?

Please inspect the following two graphs.  The first-following graph is BHP's variation in share-price (daily max.) over the past two decades.  The second-following graph* is the region of interest** in the first-following graph expanded.  This second-following graph represents approximately a seven month period, of close of trading share prices, commencing almost two months before the share-price collapse began (early May, 1997) and continuing until the close of that year.

*
plotted from the close-of-trading share-price - rather than the daily max.
**
covering the period when the BHP share-price collapsed and the grant of probate on my wife's estate was made




(note that the preceding graph is in Australian currency and contrasts to the)
(graphs produced by stockbrokers after the dual-listed merger with Billiton plc)

(just ask any stockbroker for a print of a 20 year BHP Billiton Ltd share-price graph)


From the preceding graph one can gauge that the start of the BHP share-price trough commences early in the second half of 1997 - just follow the red dashed line down to the horizontal axis.  By referring to the following graph one can approximate this commencement of the share-price trough to be either in late June or early July (1997).  Further refinement is possible if the BHP share price table (blue table following) is inspected and the date of this comencement of the BHP share-price collapse is determined to be the 3rd of July, 1997 - the day after an Affidavit was executed which was required in the Application for Probate for my wife's estate.

Now ownership of the rights to this invention, which could have been controlled through my wife's estate, was (according to my estimation) worth between $2 billion and $3 billion per annum profit (before tax), and I would have expected that the share-price of BHP shares would have literally "gone through the roof" at the time when BHP could have gained the rights to this invention!  You can understand from viewing the 21 year share-price graph that the opposite in fact occurred!  My explanation is that because every man and his dog knew** that BHP intended to snatch the rights to this invention from myself they had to come up with some strategy to cope with this "open secret" problem.  Now the strategy they came up with is presented following!

**
that is anyone who wasn't brain-dead or an ostrich!

the following Affidavit provides the reason for the strategy of the commencement of the depression of the BHP share-price about three weeks before the Application for Probate was granted

AFFIDAVIT   -   Annexure "D"

Supreme Court of NSW - Probate Division No.109860/97

the values for the close of trading figures for the BHP share-price were used to plot the expansion of region 1997 of interest graph (the finer graph - preceeding the Affidavit)

 
BHP share price
 
(Australian dollars)
 
source:  The Illawarra Mercury    close of trading 1997
 
                         
  Day Date Price Day Date Price Day Date Price Day Date Price
                         
                         
  Mon  12/5 18.08 Mon  14/7 18.50 Mon  15/9 16.36 Mon 17/11 13.88
  Tue  13/5 18.21 Tue  15/7 18.27 Tue  16/9 16.10 Tue 18/11 13.46
  Wed  14/5 18.10 Wed  16/7 18.19 Wed  17/9 16.19 Wed 19/11 13.05
  Thur  15/5 18.13 Thur  17/7 18.46 Thur  18/9 16.08 Thur 20/11 13.16
  Fri  16/5 18.69 Fri  18/7 18.56 Fri  19/9 15.70 Fri 21/11 13.80
                         
  Mon  19/5 19.03 Mon  21/7 18.10 Mon  22/9 15.78 Mon 24/11 13.65
  Tue  20/5 19.26 Tue  22/7  17.94 Tue  23/9 15.89 Tue 25/11 13.40
  Wed  21/5 19.15 Wed  23/7 17.98 Wed  24/9 15.73 Wed 26/11 13.20
  Thur  22/5 19.20 Thur  24/7 17.88 Thur  25/9 15.81 Thur 27/11 13.30
  Fri  23/5 19.32 Fri  25/7 18.00 Fri  26/9 16.05 Fri 28/11 13.43
                         
  Mon  26/5 19.92 Mon  28/7 18.33 Mon  29/9 16.20 Mon   1/12 14.10
  Tue  27/5 18.39 Tue  29/7 18.22 Tue  30/9 16.08 Tue   2/12 14.14
  Wed  28/5 18.39 Wed  30/7 18.24 Wed   1/10 16.15 Wed   3/12 14.61
  Thur  29/5 18.60 Thur  31/7 18.24 Thur   2/10 16.35 Thur   4/12 14.25
  Fri  30/5 18.86 Fri    1/8 18.01 Fri   3/10 16.18 Fri   5/12 14.13
                         
  Mon    2/6 19.15 Mon    4/8 17.85 Mon   6/10 16.25 Mon   8/12 14.40
  Tue    3/6 18.87 Tue    5/8 17.87 Tue   7/10 16.07 Tue   9/12 14.32
  Wed    4/6 18.97 Wed    6/8 17.99 Wed   8/10 16.07 Wed 10/12 13.95
  Thur    5/6 18.83 Thur    7/8 17.44 Thur   9/10 15.92 Thur 11/12 13.77
  Fri    6/6 18.72 Fri    8/8 16.99 Fri 10/10 15.79 Fri 12/12 13.24
                         
  Mon    9/6     - Mon  11/8 17.10 Mon 13/10 15.51 Mon 15/12 12.66
  Tue  10/6 18.92 Tue  12/8 17.02 Tue 14/10 15.48 Tue 16/12 12.94
  Wed  11/6 18.66 Wed  13/8 17.13 Wed 15/10 15.46 Wed 17/12 13.66
  Thur  12/6 18.70 Thur  14/8 17.22 Thur 16/10 15.19 Thur 18/12 13.80
  Fri  13/6 18.89 Fri  15/8 17.50 Fri 17/10 15.08 Fri 19/12 13.66
                         
  Mon  16/6 18.90 Mon 18/8 17.11 Mon 20/10 15.15 Mon 22/12 13.74
  Tue  17/6 19.30 Tue 19/8 17.13 Tue 21/10 15.05 Tue 23/12 14.08
  Wed  18/6 19.27 Wed 20/8 17.25 Wed 22/10 14.88 Wed 24/12 14.02
  Thur  19/6 19.72 Thur 21/8 17.31 Thur 23/10 14.00 Thur 25/12     -
  Fri  20/6 19.85 Fri 22/8 17.08 Fri 24/10 14.11 Fri 26/12     -
                         
  Mon 23/6 19.50 Mon 25/8 17.20 Mon 27/10 13.89 Mon 29/12 14.15
  Tue 24/6 19.40 Tue 26/8 17.23 Tue 28/10 13.80 Tue 30/12 14.36
  Wed 25/6 19.25 Wed 27/8 17.21 Wed 29/10 13.97 Wed 31/12 14.25
  Thur 26/6 19.06 Thur 28/8 17.25 Thur 30/10 14.06      
  Fri 27/6 19.15 Fri 29/8 17.08 Fri 31/10 14.10      
                   

affidavit signed
 
  Mon
30/6
19.48
Mon
  1/9
17.09
Mon
  3/11
14.20

for probate app'n
 
  Tue
  1/7
19.52
Tue
  2/9
16.86
Tue
  4/11
14.50

 2/7/97 
 
  Wed
  2/7 
19.83
Wed
  3/9
17.01
Wed
  5/11
14.48

 
  Thur
  3/7 
19.68
Thur
  4/9
16.73
Thur
  6/11
14.98
.commencement.
 
  Fri
  4/7
19.60
Fri
  5/9
16.77
Fri
  7/11
14.27
.of continous.
 

.share-price decline.
 
  Mon
  7/7
19.25
Mon
  8/9
17.05
Mon
10/11
14.78
.3/7/97.
 
  Tue
  8/7
18.86
Tue
  9/9
17.26
Tue
11/11
14.90

 
 
  Wed
  9/7
18.96
Wed
10/9
16.90
Wed
12/11
14.45
probate granted
 
  Thur
10/7
18.77
Thur
11/9
16.81
Thur
13/11
14.30
on wife's estate
 
  Fri
11/7
18.75
Fri
12/9
16.30
Fri
14/11
14.10

 22/7/97 
                     

NOTE

The steady and continuous decline in BHP's share-price commenced immediatley after the .2nd of July in 1997.  (The 2nd of July in 1997 corresponds with when the ex-rellos-from-hell executed an Affidavit  in order to make Application for Grant of Probate on my wife's estate - in other words BHP got their signature on this document first - then drove the share price down with adverse media reports on the company!)

STRATEGY

Because so many knew about this invention and BHP's intentions there should have been a rush for BHP shares reminiscent of the discovery of gold at Ballarat once this Application for Grant of Probate was lodged at the Registry*** of the SUPREME COURT OF NSW.  To overcome this problem "their"* solicitor didn't lodge this Application for Probate till a week later - AFTER the BHP share-price had been artificially depressed about a dollar! (this would have been done to confuse the Registry staff)  Why the Granting of Probate for my wife's estate was important was that the executors could have used their power to transfer the rights to an invention to themselves in return for cancelling a fake $30,000 debt to myself once probate was granted!

*
the ex-rellos-from-hells' - by now Brian BUFFIER & Barbara O'BRIEN
have worked out that they were excluded from the "inner circle"

The directors of BHP might not be "rocket scientists" but this strategy was effective as the shares-rush was avoided and this was important as BHP directors would not want these "would be" in-the-know speculative share-buyers becoming involved.  If these speculative persons bought shares at the commencement of this share-price trough, and were burned, they might 'rat' and cause problems!  The other point is if large tranches of BHP shares were sold this would not only trigger the share-price collapse but it would, again, increase their profits because these shares would be sold off at premium prices - the first step in short selling.  Now later these same shares could be bought back at far-reduced prices so a double-bunger effect is experienced!  Of course these shares bought back during this share-price trough would appreciate markedly in value but of course the reason for the sudden change in fortune in BHP would not be attributed to the transfer of the rights to an invention that they stole from me!

AMP shares are currently undergoing this process! (with the NAB buying-up shares)

***
The counter to the Registry personnel becoming involved was obviously to depress the BHP share-price - BEFORE the application for probate was made (at the Registry of the Supreme Court of NSW).
***
This sudden change in fortune is quite interesting because the $12 billion to be invested in the "old economy" over 5 years averages out at $2.4 billion per annum - exactly $100 million less per year than the mid-range I estimated the profit of the FACE EMPLACED Services Support invention to be  WORTH.
***
This sudden change in fortune is interesting for two more reasons! I have had to replace this article on this web-site TWICE already!  (Why would you think that BHP Billiton Ltd would not want reference points displayed?)  Also the 29th of February is a leap year day and so has a speciality about it!

 

 

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  SWINDLE . 2 .   "theft of invention"


$60 BILLION FRAUD

One can appreciate the planning which went into this $60 billion fraud!  BHP sat on this invention for six (that's right six) years!  BUFFY, my ex-brother-in-law and also an accountant previously of Hunters Hill* in NSW, knew the Market Development Manager of BHP Lifting & Industrial Products (George PAGACS).  I'm sure that there was some converse about this FACE EMPLACED Services Support invention.  Sure it was all supposed to be done on the 'qt' with my wife's will altered within two months from her death from a long-standing illness.  The ex-in-laws, Brian and his sister (Barbara of Bolwarra near Maitland, NSW), became the only two executors through some chicanery with my solicitor.

*
Eddie "he who must be Obeid", the ex-NSW Minister for Mineral 
Resources, also comes from Hunters Hill - who's surprised!
* (his staff call him Idi AMIN behind his back!)

 

I'd figured out that the BHP wanted the rights to the invention and that the means of BHP obtaining the rights to the invention were through my ex-in-laws.  I believe that there is a saying which covers the situation, "You find out what your relatives are like when there's a death in the family."  Well I sure did!  I was attempting to do was either extinguish the intellectual property associated with the invention or become the only access to these rights.  I had things like the Canadian Patent Attorney requesting notarised** copies about a year before as the patent attorney I'd engaged in Sydney had failed to supply these notarised copies to him.  I was supposed to send these notarised copies direct to the Canadian Patent Office so that any claim of interference from the patent attorneys was eliminated.

** * * * *
for a copy to be valid in another country a Notary Public needs to witness the copy - a Justice of the Peace's witnessing is not considered a "true copy of the original" in another country

a BHP Billiton director hiding out with Osama!

 

My revised estimation for the worth of the invention was between $2 billion and $3 billion in profit per year (Australian currency and before tax) in the countries I was proceeding to attempt to secure patent rights.  I didn't think that all of the companies I had contacted, both in Australia and abroad (I'd contacted about half a dozen American companies, one Canadian and one South African Company) would decline to offer to license this invention because of the huge profit-earning potential of the invention.  Every single one of these overseas corporations declined the opportunity!  I now understand that inventions are nominated to only one of these multinationals and the other corporations withdraw their interest and wait their turn to obtain a business opportunity by fair means of foul - hence eliminating any fair competition!

Most NSW residents will be able to cast their minds back to when it was proven that the four major very-large-project construction companies were proven to be involved in collusive tendering.  One would tender the lowest price and the three others would all tender above this figure tendered by the particular very-large-project construction company nominated (by themselves) to be awarded the project.  There is a case for the ACCC to become involved in this BHP Inc. series of colossal frauds because of the collusive manner of BHP's acquiring  of the rights to this invention!

 

 

. peripheral swindles .

 

 

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John Pink
 
PO Box 267
  
Mob +61 (0)  415 566 122
  
Corrimal  NSW  2518
  
 
www.BHPstinks.com
Australia
 
Ph     +61 (0) 2 42 85 3155
  
 
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