"FIAT LUX" REPLIES TO CORRESPONDENTS

NZ Truth, Issue 1240, 5 September 1929, Page 22

"FIAT LUX" REPLIES TO CORRESPONDENTS

"X.^.Z.": : (New Plymouth): (1) Should prove good, m twenty years' ;time; : (2) An' excellent, well-managed .-.■■undertaking, thoroughly. Irecommended ; (3) .Although the company is listed /on the Auckland Exchange ' arid Ano transactions m its shares, have been recorded for some time past there is ; no/ guide as to what you could obtain /for/ your holding. Would recomm end you, to hold for, some time •as there' appear to be possibilities . abPuf ■them. ■'. . ."/;■' •<:.'•."■• "Gonville": Your enquiry and remarks were particularly interesting. As a result aW; many enquiries/it is clear ..that your .facts are. correct/but cannot .now agreewith your assumptions as to new corripariy/ s intentions." This critic's opinion Is vthat .'' there is plenty, of scope for both; concerns, Aand the product of .the original company -is/ so attractive. tlia£A it should liave i no 'great difficulty 'm maintahlirig /its/ market' and. thus its; shares should/ retain their value. •'Wav'eV: (l)ANo; the probability is that the subsidiary company will be controlled by, the parent company;. (2) Tour shares being fully ' paid-up Ayour liability m /respect; thereof is finished; (3) ' The ..shares are' hot ■"■listed on the. Stock; Exchange arid a .market Value therefore does not exist Advertise m Auckland > for . offers for the shares:* Atri of opinion that as. the shares are practicaily A wprthless- it A would, be sound yto hold ; : therii • inVthe ; hope of the subsidiary company making., good.. . .Toil.

I have little to losp and much to gain by 1 the .further gamble. > * 1 » ''Gold Park": Find /difficulty m credit--1 ing your statement that you are unable to 1 obtain any information about the gold--5 mining concern iii which yqu- hold shares J as the position is governed by sections 365 1 and 368 of The Companies Act 1908. 1 3 ".Very Anxious": Know nothing at all of. t the concern you inquire about. Would like' to peru&e prospectus. Would advise extreme caution as there are so many 3 Worthless concerns! now on the "market for public support.