Coober Pedy News
       No. 73                                                           21 January 2005

Archived copy

Blog

The "OPAL KING"

Investing in opal mining in Coober Pedy via the internet?

Check out these two links:


Link #1
http://stores.ebay.com/OPAL-KING_W0QQsspagenameZl2QQtZkm

Link #2
http://www.asic.gov.au/asic/ASIC_PUB.NSF/byid/E45C515C72E65F8ACA256EBE0027A4E7?opendocument

Link #1 will take you to a site with the following information:

"This is your chance to join in with a large US Opal Mining Corporation (AUSTRALIAN OPAL MINING & HOLDINGS INC.) with assets over US$500 million and watch your very own opal being mined.
This is the first time anyone has had the opportunity to purchase a sub-lease of an opal mining lease at Coober Pedy in Australia the Opal Capital of the World.
There are two sizes of sub-leases available, a two square meter @ US$10,000 per sub-lease or a four square meter @ US$15,000 per sub-lease, you can purchase as many sub-leases as you wish, all prices include mining.
You can either take your opal away with you or sell them onsite it's your choice.
An agreement for the sale of a sub-lease is available at angelic@esc.net.au
First class accommodation is available at Coober Pedy so enjoy yourself & have a nice holiday
HAVE A HOLIDAY AND JOIN IN WITH A LARGE US OPAL MINING CORPORATION (AUSTRALIAN OPAL MINING & HOLDINGS INC.) WITH ASSETS OVER US$500 MILLION AND WATCH YOUR OWN OPAL BEING MINED"

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There are links on this site to the Store of the "Opal King", whose User ID is 1476max, and whose commencement date as this identity is Dec-13-04.
If you happen to request a fax of a copy of an agreement to purchase an opal mine sub-lease in Coober Pedy through this site, this is what you will read in the first three paragraphs:

"Mining sublease agreement ....
Between Australian Opal Mining & Holdings Inc., a Nevada USA Corporation whose headquarters are located at 3225 McLeod Drive, Las Vegas, Nevada USA 89121.
Whereas Australian Opal Mining & Holdings Inc., is a corporation in good standing incorporated in the State of Nevada, United States of America;
Whereas Mr Maxwell Reid is the President of Australian Opal Mining & Holdings Inc., and is a resident of the country of Australia; ..."

Also, for additional contact information for the "Opal King" the following is provided, from the "Opal King" site:

"Seller's payment instructions
Please mail me angelic@esc.net.au for a copy of the sale agreement for the sub-lease or ph: 61 428 444 020."

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Link #2 is from the website of the Australian Securities and Investments Commission, ASIC, and the particular page has the following:

"04-203 ASIC obtains orders against Adelaide directors

Friday 25 June 2004


The Australian Securities and Investments Commission (ASIC) today obtained orders in the Federal Court, by consent, permanently restraining Mr Noel Frederick Smith and his wife, Mrs Barbara Ann Smith from engaging in any conduct that amounts to aiding, abetting, counselling, or procuring Mr Maxwell John Reid from managing corporations whilst disqualified.

Mr Reid, who is disqualified from managing corporations by order of the Federal Court until 10 August 2036, failed to attend Court for today's hearing and a warrant was issued for his arrest.

This action follows the commencement of contempt proceedings on 17 November 2003 against Mr Reid in which ASIC has alleged that he took part in the management of Battstone Australia Pty Ltd (In Liquidation) and Australian Marble Pty Ltd (In Liquidation).


ASIC obtained interim injunctions on 23 December 2003 after alleging that Mr Reid, Mr and Mrs Smith and others were involved in attempts by International Meats Pty Ltd and Adelaide Granites Pty Ltd to purchase two other companies.

'ASIC has taken this action to prevent people acting as directors of companies managed by Mr Reid, on the basis that Mr Reid is an unfit person to be involved in the management of corporations. The Federal Court's 44 year banning of Mr Reid in 1992 from involvement in the management of companies demonstrates his appalling corporate governance record', ASIC Deputy Executive Director of Enforcement, Mr Mark Steward said."

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Emails referring to these links has been sent to the Commercial Recordings/Corporation Information, and the Securities Division, of the State of Nevada Secretary of State.
An internet search on the State of Nevada Secretary of State website reveals that Australian Opal Mining & Holdings, Inc. is located on File Number C19232-2001, incorporated on July 17, 2001.
The Resident Agent is ACORN CORPORATE SERVICES INC, 3225 S McLeod Dr #110, Las Vegas, Nevada. The President is Maxwell John Reid, address 3225 McLeod S100, Las Vegas, Nevada; Secretary Christopher D Corsi, 3225 Mcleod S100, Las Vegas, Nevada; Treasurer D Craig Bunker, 3225 McLeod S100, Las Vegas, Nevada.

Serbian Orthodox tsunami fundraising

At a dinner and auction held in the Serbian Orthodox hall in Coober Pedy $3413.20 was raised, and was deposited in the Oxfam bank account.

Raise Stuart Hwy speed limit to 130km/h

Coober Pedy Mayor Steve Baines says in a letter to Graham Gunn MP,
"We fully support the introduction of a 130km/h maximum speed limit on the road between Port Augusta and the NT border, and firmly believe this is a sensible and common sense approach. The Stuart Highway north of Port Augusta to the Northern Territory border is a magnificently wide, long and well maintained stretch of road that can easily and safely accommodate speeds of up to 130km/h. The majority of vehicles that travel this road are also built to safely accommodate these speeds."