WINEGU, u r such a bull ### fellow & I know u r fr AWI or TBW.
1. First of all AWI still exist even if name is changed, the biz reg no. still the same.
2. If u say AWI no longer exist, then how can TBW move our wine fr Menlo to CWT, that's theft as no consent was made fr the clients.
3. If u say new AWI/TBW save our wine. In what ways? We can settle the storage which old AWI owe Menlo ourselves, which is just half a yr or sold. U guys moved our wine so that u can charge us storage fee fr the 4th yr to now, even though u only paid half a yr or so storage fee to bill our wine out. That's the very reason u want to move our wine.
4. Wat retail marketing r u referring to? This another big bull ###! My group has a huge portfolio & we have approach my retails & restaurants, they offer us v low buy back price. Why? The reason is v simple, they can to to the supply & purchase those wine directly at a v low price why buy high fr us. AWI had sold us the wine at high price when they bought it cheaply, this is all but a SCAM!
This is my encounter w AWI:
Firstly, I started investing with AWI in early 2005 for about $6, 000 believing that the wine will appreciate in value and they stated that only 5% commission will be charged on the sales of wine after the 3 yrs when the free storage end.
They keep coming back to me to buy more wine telling me that I need to have a good portfolio to fetch a higher profit when I sell my wine as a collection. But I stop investing when they keep giving excuses to trade off my wine in 2008 even though their valuation report shows that my wine had appreciated and by that time the broker who serves my account had changed more than 5 times. Later I also found out that it wasn’t true that I need to have a collection in order to sell it in auction. To my horror at the later stage when my wine is almost coming to 10 years, then I found out that actually most Australian wine don’t last more than 10 or 15 yrs except for label like Penfolds but yet they keep telling me that the wine is good for drinking even after 15 yrs.
At the later part of the year 2010, they organized an auction in Shanghai and invited me to participate but with a condition to purchase more wine in order to have priority access to the auction. I question them in term of how to guarantee success on the auction if I purchase more wines and they agreed to buy back the R Wines if the auction wasn’t successful.
In doubt, I did more research and found a warning issued by Australian Securities and Investments Commission(ASIC) on 15 Mar 2000, that their director Mr. Jeremy Albert Kasler was involved in unlicensed timeshare business. I showed it to the trading manager, Mr. Edward Davison at that time who claimed to be a former employee of Christie’s Wine Auction House and an expert in wine trading. He claimed that Mr. Kasler wasn’t aware that a license is needed at that time and then offered me a place in the Shanghai auction with no additional condition. So coincidentally, the company in Australia was deregistered in Nov 2010 and Mr. Kasler later left AWI, leaving Mr. Andrew Bassett in-charged.
In the end, they only shipped one label of my wine(2002 Howard Park) to Shanghai auction and only 1 auction was run, instead of the promised 6 auctions. The whole event was a disaster with only about 40%success sales and my wine wasn’t sold, yet I still need to pay for the shipment and storage there. As suspected, Mr. Edward also over stated his qualification as he didn’t work for Christie’s Auction but only attended the course there.
Later another trading manager, Mr. David Boulton took over but also keep finding excuses and not able to trade off my wines even when I went down to AWI office many times between 2011 to 2012. There was no more broker assigned to my account and they started charging storage fee in Nov 2011.
In early 2013 when I went down to AWI office and they were preparing to shift to new office and David Boulton had left. I was attended by another broker Mr. Jack Brown who told me that they have this priority scheme for client who urgently need to trade off their wine.This scheme requires client to pay a minimum of $3, 000 or 10% of my wine portfolio value for a membership program with Christe’s Auction House sponsored by Penfolds. I subsequently went to talk to the trading manager, Mr. David Campbell on a separate appointment and made my stand on not to put in more money and eventually Mr. David agreed to sell my wine without the need to put in more money.
Later, he assigned a guy name Gallen to look into my account but he doesn’t have any knowledge in wine, so in the end no sale was made. Someone in the forum checked with Christie’s Auction and found that there was no such partnership. I tried to check with Mr. David again but he was on long MC and I have to talk to Mr. Jack again, but this time there was no mentioning of Christie’s Auction, yet the same priority scheme was presented.
U guys and gals can discern for urself what kinf of company is this ...
This is my encounter w AWI (Part 2):
In year 2010, they organized an auction in Shanghai and invited me to participate but w a condition to purchase more wine in order to have priority access to the auction. I asked them in term of how to guarantee success for the auction if I purchase more wines and they agreed to buy back the R Wines if the auction wasn’t successful.
In doubt, I did more research and found a warning issued by Australian Securities and Investments Commission (ASIC) on 15 Mar 2000, that their director Mr. Jeremy Albert Kasler was involved in unlicensed timeshare business. I showed it to the trading manager, Mr.Edward Davidson at that time who claimed to be a former employee of Christie’s Wine Auction House and an expert in wine trading. He claimed that Mr. Kasler wasn’t aware that a license is needed at that time and then offered me a place in the Shanghai auction with no additional condition. So coincidentally, the company in Australia was deregistered in Nov 2010 and Mr. Kasler later left AWI, leaving Mr. Andrew Bassett in-charged.
This is my encounter w AWI (Part 2):
At the later part of the year 2010, they organized an auction in Shanghai and invited me to participate but with a condition to purchase more wine in order to have priority access to the auction. I question them in term of how to guarantee success for the auction if I purchase more wines and they agreed to buy back the R Wines if the auction wasn’t successful.
In doubt, I did more research and found a warning issued by Australian Securities and Investments Commission (ASIC) on 15 Mar 2000, that their director Mr. Jeremy Albert Kasler was involved in unlicensed timeshare business. I showed it to the trading manager, Mr.Edward Davidson at that time who claimed to be a former employee of Christie’s Wine Auction House and an expert in wine trading. He claimed that Mr. Kasler wasn’t aware that a license is needed at that time and then offered me a place in the Shanghai auction with no additional condition. So coincidentally, the company in Australia was deregistered in Nov 2010 and Mr. Kasler later left AWI, leaving Mr. Andrew Bassett in-charged.
In the end, they only shipped one label of my wine(2002 Howard Park) to Shanghai auction and only 1 auction was run, instead of the promised 6 auctions. The whole event was a disaster with only about 40% success sales and my wine wasn’t sold, yet I still need to pay for the shipment and storage there. As suspected, Mr. Edward also over stated his qualification as he didn’t work for Christie’s Auction but only attended the course there. Later another trading manager, Mr. David Boulton took over but also keep finding excuses and not able to trade off my wines even when I went down to AWI office many times between 2011 to 2012. By then, there was no longer any broker assigned to my account and they started charging storage fee in Nov 2011.
This is my encounter w AWI (Part 2):
Their Shanghai Auction was a failure, only 1 auction was organised instead of the promised 6 auctions with less than 40% success sales and my wine was not sold, yet I still need to pay for the shipment and storage there. As suspected, Mr. Edward Davidson also over stated his qualification as he did not work for Christie’s Auction but only attended the course there. Later another trading manager, Mr. David Boulton took over but also keep finding excuses and not able to trade off my wines even when I went down to AWI office many times between 2011 to 2012. By then, there was no longer any broker assigned to my account and they started charging storage fee in Nov 2011.
Wat I have wrote are all truth, not story. I have the proof, emails, letter from Australia Commission, invoice, contract, etc. All is enough to proof that AWI is operating a SCAM business. Do not believe in wat they say, trust me u will just end up regretting if u invest in their so call "truth".
WINEGU, u r the greatest joker I have ever met. Even if is a buy over, all contract r still honored & whoever had bought over AWI should have checked wat is the company's liability. I don't think ur boss Mr Guillianno is a fool. Please talk some logic & not nonsense. So when SingTel bought over NCS, did existing customer need to pay again to have their service contract maintained? When StarHub bought over CableVision, did existing customer need to pay again to have their service continued? It will be a joke if that kind of things happen. U r nothing but full of ###!
WINEGU, pls give some examples of wines that u r selling & their price. Since u say TBW is not a scam then pls be transparent.
Don't believe in ITRA, is another SCAM. How do they know our details to the exact amount we have invested, AWI mus have provided them those info. There's a CASE warning against them, just check out this link, http://insidethegate.com/2012/04/case-warns-about-international-timeshare-refund-action-fraud/.
WINEGU, although u claim u r not a staff of TBW yet spoke as if u r very clear of the true. In complement of ur stupidity, I have dedicated this new complaint board to u. Continue to enjoy ur defense on TBW ...
Don't bother, is another scam. Somehow they know our investment value so suspect AWI disclosed our info to them. There's a CASE warning on them, pls see link below.
You will have to contact them, they won't contact you. They are too busy scamming new investor into buying wine. Once you contacted them, then they will sell you a new trading contract. All the wine are moved from Menlo to CWT in a block, unless you ask for the online access, then they will pass the lock no. to CWT for tagging.
You need to contact them, they won't contact you. They are too busy scamming new investors. The wines have been moved from Menlo to CWT in block, only when AWI provide them with your lock no, will they be able to tag the wines to your account.
ITRA scam warning, http://insidethegate.com/2012/04/case-warns-about-international-timeshare-refund-action-fraud/.
How can a company dealing with Australian wine don't have a office in Australia?
7years victim, I think WINEGU is drunk, drinking too much wine or plain stupid. He talk like he is the staff of AWI but denied it. If AWI is no more in business why he bother to defend AWI when it had been taken over by TBW. We all know AWI RCB is still alive as their storage contract with CWT is under AWI.
So WINEGU is just lying openly, and how can we trust such a person with our wine sale. In order for everyone to know the truth, I have created a new complaint on TBW.
Mouseaction, go report police then.
TBWsucks, no one exited w/o losts, so be prepared. Hv u inspected ur wine at CWT? How long hv u invested?
U hv to call Jelin fr AW to get ur lock no. & fix an appt to visit CWT.
May19 & TBWsucks, did they contact u by HP? If u hv registered ur HP at the PDPA website then they might hv violated the IDA regulation.
May19 & TBWsucks, did they call u at your HP? If u hv registered w PDPA website then they hv violated IDA regulations. U can report them.
May19 & TBWsucks, if u hv registered w PDPA, u can make a complaint as they hv violated IDA regulation.
Just take a look on the new complaints board posting on TBW.
If u hv bought your wine in Singapore, u can lodge a police report online as advised by angry-bird.
