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If you are a shareholder of Irish Forestry Services shares, Watch out.

  • 20-03-2008 11:17pm
    #1
    Closed Accounts Posts: 13


    I am a shareholder in IFS and I got a phone call this morning from a woman claiming to represent a company called greenwood investments. She said that they had got my name from Irish Forestry Services and wanted to discuss an investment opportunity. I was surprised that IFS would share my information and so asked her exactly how they got my name.
    She said that they had purchased a list of contacts from IFS and claimed that this was totally allowed by the Data Protection Act. She went on to try and introduce her investment product by suggesting that I look up their website www.greenwood-investments.com
    I ended that phonecall right there and contacted one of the directors of Irish Forestry Services and had it explained to me that there is a possible scam going on. Greenwood Investments have no connection with IFS and did not purchase any list of contacts from IFS. Instead they harvested the names of shareholders legally from a government office and are now using them illegally to try to contact people with an aim to selling them their investment products (possibly land).

    So this is just a heads up for you who might be contacted by them. They lied to me and they might try it with you.

    The director of IFS that I spoke to related his attempts to track down the Greenwood-investments company details and directors and it sounded like they led to ghosts and dead end addresses. Greenwoods website looks slick but if you try and track their information, see where it leads to. There are real companies of similar names but they are possibly having their good names used by www.greenwood-investments.com

    IFS will be sending out a newsletter to warn about contacts from other companies who claim to have got your contact details from IFS.

    LET THE BUYER BEWARE.


Comments

  • Closed Accounts Posts: 1,493 ✭✭✭mcaul


    [...]

    Their address is c/o mailbox etc in rathmines.

    Web name is owned by Drayton Marketing - No such company or business name registered in CRO. Address is a p..box service

    Green Wood Investments is just a business name registered last August. http://www.cro.ie/search/submissionse.asp?number=337892&BI=B

    domain: greenwood-investments.com
    created: 28-Aug-2007
    last-changed: 05-Feb-2008
    registration-expiration: 28-Aug-2008

    nserver: ns59.1and1.co.uk
    nserver: ns60.1and1.co.uk

    status: CLIENT-TRANSFER-PROHIBITED

    registrant-firstname: Nathan
    registrant-lastname: Style
    registrant-organization: Drayton Marketing
    registrant-street1: Drayton Marketing, Department AA1311
    registrant-street2: PO Box No 4214, Business Reply
    registrant-pcode: 2
    registrant-city: Dublin
    registrant-ccode: IE
    registrant-phone: +353.14520326
    registrant-email: info@greenwood-investments.com

    admin-c-firstname: Nathan
    admin-c-lastname: Style
    admin-c-organization: Drayton Marketing
    admin-c-street1: Drayton Marketing, Department AA1311
    admin-c-street2: PO Box No 4214, Business Reply
    admin-c-pcode: 2
    admin-c-city: Dublin
    admin-c-ccode: IE
    admin-c-phone: +353.14520326
    admin-c-email: info@greenwood-investments.com

    tech-c-firstname: Nathan
    tech-c-lastname: Style
    tech-c-organization: Drayton Marketing
    tech-c-street1: Drayton Marketing, Department AA1311
    tech-c-street2: PO Box No 4214, Business Reply
    tech-c-pcode: 2
    tech-c-city: Dublin
    tech-c-ccode: IE
    tech-c-phone: +353.14520326
    tech-c-email: info@greenwood-investments.com

    bill-c-firstname: Nathan
    bill-c-lastname: Style
    bill-c-organization: Drayton Marketing
    bill-c-street1: Drayton Marketing, Department AA1311
    bill-c-street2: PO Box No 4214, Business Reply
    bill-c-pcode: 2
    bill-c-city: Dublin
    bill-c-ccode: IE
    bill-c-phone: +353.14520326
    bill-c-email: info@greenwood-investments.com


  • Registered Users, Registered Users 2 Posts: 2,148 ✭✭✭orchidsrpretty


    These guys rang me up also, I got them to send out a brochure, which looks very professional. They are selling plots of trees in canada, iirc about €6k to €8k a plot. I have no idea about the value of trees so didnt take it any further! Lucky me, it seems;)


  • Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭antoinolachtnai


    I don't think there is any problem with using a list of shareholders for the purpose of direct marketing. I may be wrong about this.

    The list of shareholders wouldn't include phone numbers, but they could possibly have gotten these by some other means.


  • Closed Accounts Posts: 13 spina1


    I don't think there is any problem with using a list of shareholders for the purpose of direct marketing. I may be wrong about this.

    The list of shareholders wouldn't include phone numbers, but they could possibly have gotten these by some other means.


    The use of the shareholders is definitely wrong. They obtained it under false pretenses and they lied to me as to how they got it. They stated that they had purchased the list from IFS which was a lie.

    The list of shareholders don't even contain the first line of any of the addresses but they still tracked me down.

    This seems like a really professional bunch [...] and when you think that they are aiming to get large sums of money from you then for them to produce slick marketing materials is a small investment for them.


  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Got the warning in the post this morning.

    Mike.


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  • Closed Accounts Posts: 6 hewittj


    funnily enough I work for Greenwood Investments, there are a couple of points we would like to make, in reference to spinals first thread ever
    on this site, our company directly marketed a certain client base and have since been threatened with legal action, there where some funny claims involved wich we are looking foreward to bringing up in court if it eventually goes that far.
    We find it funny that Spinals first thread seems to arise at about the same time this is going on, there are a number of happy clients of ours that would probally be happy to post however we feel that this sort of gorrila marketing approach would probally not be advisable, as we do not need to justify our approach our figures do the justifacation for us.
    Yes we have a mailbox in Ireland, this is not a crime as it serves a purpose for an Irish identity we are looking for a full time base in Cork by July and Ireland is still pretty new to us, and our lawyers are in place in dublin.
    We and our lawyers look foreward to reviewing the newsletter that our clients have promised to send on to us and will look to make public any judgments in relation to this.
    Until this time happy blogging


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    hewittj: Who are the 'we' you refer to? Do you work for Greenwood or are you Greenwood?

    And if your use of spelling, layout and grammar are indicative of your general efficiency, I worry for the company you do work for.

    (Not involved here, just a bystander who is suspicious of your posting here.)


  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Anyone else get a PM from hewittj?

    Mike.


  • Registered Users, Registered Users 2 Posts: 2,808 ✭✭✭Ste.phen


    We have lawyers here now? :O


  • Closed Accounts Posts: 6 hewittj


    Its no problem KtK,
    the spelling probably was atrocious I was typing like a demon at the time.
    The "We" will be left until we see this thing through I'm afraid.


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  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Here is a copy of the message in the current edition of IFS Newsletter, all it does is point out that Greenwood has nothing to do with IFS and to take ones council.

    http://img.photobucket.com/albums/0903/mike65/Forrestgreenwood.jpg

    Mike.


  • Registered Users, Registered Users 2 Posts: 17,727 ✭✭✭✭Sherifu


    Interesting reading.


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    hewittj wrote: »
    Its no problem KtK,
    the spelling probably was atrocious I was typing like a demon at the time.
    The "We" will be left until we see this thing through I'm afraid.
    Why? If you are a recognised company, whats to be feared by disclosing more about yourselves. Surely that would help your case (here at any rate) rather than hinder it?


  • Closed Accounts Posts: 6 hewittj


    KtK the reason is that the basis of the complaint we have received is completely wrong in its key points this is why at this particular time we would prefer not to correct them until any disputes are resolved I would hope that you can understand.


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    hewittj wrote: »
    KtK the reason is that the basis of the complaint we have received is completely wrong in its key points this is why at this particular time we would prefer not to correct them until any disputes are resolved I would hope that you can understand.

    I didnt ask you to discuss any would-be case or issue. I asked you who you were. To clarify: who you were and your status within the company.


  • Closed Accounts Posts: 6 hewittj


    KtK to clarify I will not be divulging my position, name, etc on this thread.
    There is no benefit to doing this whatsoever.


  • Registered Users, Registered Users 2 Posts: 4,257 ✭✭✭SoupyNorman


    hewittj wrote: »
    KtK to clarify I will not be divulging my position, name, etc on this thread.
    There is no benefit to doing this whatsoever.

    Have to dive in here,

    Fair enough you dont divulge your name, but position, some info on the company size, number of employees, address should be fair game!

    I see on the website you're not afraid to give full bank details....


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    Ok, no personal information then.
    Can you tell me at least if you are a limited company, and if so why is that information not shown on the site?
    Are you affiliated to the UK company of the same name, which provides a similar product?
    Could you also post links on here to the source of both of your press articles given on your site. A search of the Sunday Tribune archive did not show the article you reproduce, and I cannot find the other magazine you refer to, from which you also reproduce an article. I would appreciate your help here.


  • Closed Accounts Posts: 6 hewittj


    I haven’t counted the staff lately Ktk our offices are in multiple locations, should we include paid contractors it’s a bit pointless really as for banking details look at a number of other similar companies to see if they are afraid to put there banking details on there web sites.
    With all due respect Ktk this is dragging on a little to much there are better things to do than go around in circles all day.
    I wish you all best of luck for the future.
    Happy blogging.


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    hewittj wrote: »
    I haven’t counted the staff lately Ktk our offices are in multiple locations, should we include paid contractors it’s a bit pointless really as for banking details look at a number of other similar companies to see if they are afraid to put there banking details on there web sites.
    With all due respect Ktk this is dragging on a little to much there are better things to do than go around in circles all day.
    I wish you all best of luck for the future.
    Happy blogging.
    Not at all. I have all the time in the world to look into this.

    Your lack of clarity and sidestepping of questions speaks volumes. If you had nothing to hide, you would have answered some simple queries. This is your livelihood, no?

    Unless you are a troll, you have done nothing to make yourself sound in the least bit genuine. I hope people will indeed, be cautious in their dealings with you.


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  • Registered Users, Registered Users 2 Posts: 4,257 ✭✭✭SoupyNorman


    hewittj wrote: »
    afraid to put there banking details on there web sites.


    The issue on this thread aside, people who do not know the difference between 'There' and 'Thier' lose me from the get go.

    as for banking details look at a number of other similar companies to see if they are afraid to put there banking details on there web sites.

    Can you enlighten me with example(s)?


  • Closed Accounts Posts: 6 hewittj


    No problem please spend as much time on this as you need to KtK unfortunately I do not have the time to consistently argue the case it is up to you to decide for yourself if you have nothing better to do please feel free.
    I’m sure by now that the more points I argue the more new points will arise.
    I haven’t got a clue what a troll is (other than a small bearded chap who lives under a bridge) and I don’t really care to know.
    I suggest firstly call the Sunday Tribune to make sure we have not been making up press comments and posting them on the web.
    One other point KtK when I stop responding to you, its not because I have something to hide, its more that I know that this is going to go on and on and on and on without any definitive conclusion so best of luck.
    :confused:


  • Registered Users, Registered Users 2 Posts: 17,727 ✭✭✭✭Sherifu


    The issue on this thread aside, people who do not know the difference between 'There' and 'Thier' lose me from the get go.
    Their


  • Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    hewittj wrote: »
    One other point KtK when I stop responding to you, its not because I have something to hide, its more that I know that this is going to go on and on and on and on without any definitive conclusion so best of luck.
    :confused:
    Oh, it'll go on until we find out how you got the phone numbers of the shareholders under false pretences, and then we'll find out so much more...


  • Registered Users, Registered Users 2 Posts: 4,257 ✭✭✭SoupyNorman


    Sherifu wrote: »
    Their

    Gawd damn


    :rolleyes:


  • Closed Accounts Posts: 6,123 ✭✭✭stepbar


    If you have nothing to hide you'll have no problem telling us the company behind Greenwood Investments. I know Bank of Ireland wouldn't have entertained you unless your company was legit. So please enlighten us as to what name we should search for on CRO.


  • Registered Users, Registered Users 2 Posts: 3,323 ✭✭✭Hitchhiker's Guide to...


    going to move this to investments forum.

    obviously don't make any unprovable claims about the company.

    btw are they regulated by the IFSRA to offer investments in this country?


  • Closed Accounts Posts: 13 spina1


    hewittj, since I started this thread I'd like to respond.

    Yes this is my first post on these boards, your point please???

    I note it is also your first, should we read something into that?

    I have read these boards on plenty occasions for information and never found the need to register or post until the company Greenwood-investments came along and LIED to me.

    You haven't addressed that fact, one of your staff named <snip> or <snip> stated in a phone-call to me, that Greenwood have directly purchased a list of shareholders from IFS. This is a outright lie, would you like to address this?

    All the rest we can leave for another time.


  • Registered Users, Registered Users 2 Posts: 3,311 ✭✭✭xebec


    obviously don't make any unprovable claims about the company.

    Just to reiterate what Roundtower2 said, no unsubstantiated claims. You're in Investments & Markets now, lets discuss the merits of this as a possible investment.

    hewittj, could you give us more information on your company and the potential investment? Costs, return, assets held etc would be good for starters :)


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  • Closed Accounts Posts: 2,290 ✭✭✭ircoha


    I really cant see the wood for the trees; looked up the staff profiles and saw the attached.


  • Closed Accounts Posts: 1,493 ✭✭✭mcaul


    Seems these guys are trading under a false name as greenwood investments ltd. has been disolved since 1993.

    Company
    Number 125627
    Name GREENWOOD INVESTMENTS LIMITED
    Address 7, HERBERT STREET,DUBLIN 2.
    Registered 13/10/1987
    Status Dissolved
    Effective date: 04/12/1998
    Last AR Date 31/03/1993
    Next AR Date 31/03/2002

    Now in all probability the website is operated by an individual who has registered the business name Green Wood (2 words) Investments Not Greenwood (one word).

    Business Name Number 337892
    Name GREEN WOOD INVESTMENTS
    Address SUITE 3 103 - 105 LOWER RATHMINES ROAD DUBLIN 6
    Registered 08/08/2007



    Anyone see any similarity with these guys http://www.vine-yards.com/index.htm

    Find 10 similarities and win a bottle of wine!!!

    As for information on the people behind the business name
    The "we" are
    Ben Taylor
    Nathan Styles

    the staff are all the employees of mail box etc in rathmines where the postal address is situated. and the staff in hay lane Serviced offices at London Bridge.

    When you add everything up Green Wood Investments who are falsely trading under the name Greenwood Investments seem to be in all probablility a scam.


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    hewittj wrote: »
    No problem please spend as much time on this as you need to KtK unfortunately I do not have the time to consistently argue the case it is up to you to decide for yourself if you have nothing better to do please feel free.
    I’m sure by now that the more points I argue the more new points will arise

    I suggest firstly call the Sunday Tribune to make sure we have not been making up press comments and posting them on the web.
    One other point KtK when I stop responding to you, its not because I have something to hide, its more that I know that this is going to go on and on and on and on without any definitive conclusion so best of luck.

    Well, perhaps mr hewitt has gone to ground today, I dont know. But if he has he will not have answered a single question about his company. So consistently arguing his case? I dont think so.

    I'm very interested about the investment potential he is offering, because the site for the company is high on rhetoric and low on actual detail.

    In spite of how it may have come across, I have no actual axe to grind here. If greenwood are legit and upstanding, I really want to know. I want that side put across. Id like to know what they actually do.

    I cant understand why hewittj appears to be getting quite irritated, I wouldnt go around in circles if he would answer ANY questions.


  • Closed Accounts Posts: 1,493 ✭✭✭mcaul


    Just in case the mods are wary of names published above - both are in public domain.

    Nathan Styles as per the so called "article" from the sunday tribune magazine that is no longer published but which appears on Greenwood investments website.

    And Ben Taylor 's name as per the attached CRO document


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    Anyone see any similarity with these guys http://www.vine-yards.com/index.htm

    Find 10 similarities and win a bottle of wine!!!
    It seems Nathan has a brother called Ned.:)


  • Closed Accounts Posts: 6,123 ✭✭✭stepbar


    This chap has registered as a sole trader. There's nothing illegal about that. [...] He also would have had to provide proof of address to open a bank account.

    I'm suprised that this person was entertained at the bank TBH.

    EDIT: Upon reflection I'm not so sure about the legality of the bank a/c. If it was opened using a PO BOX address then someone has a few questions to answer for....


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  • Closed Accounts Posts: 3 higgs


    I am a IFS shareholder and I contacted the Data Protection People. The Law is that:

    Greenwood Investments is not entitled to directly market to an individual by telephone without first having written to them and having received written consent to do so along with an opt-out mechanism so that the individual can opt-out of any further mailings. To fail to do so is illegal and also a fundamental breach of the Data Protection Act.

    Regards
    Higgs


  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    Nice one Higgs. Something tells me hewittj wont be back to defend himself on this one.


  • Closed Accounts Posts: 13 spina1


    Higgs, that clears up a lot and proves that hewittj won't be back.

    IFS ...................Good
    Greenwood .........Bad


  • Closed Accounts Posts: 6,123 ✭✭✭stepbar


    higgs wrote: »
    I am a IFS shareholder and I contacted the Data Protection People. The Law is that:

    Greenwood Investments is not entitled to directly market to an individual by telephone without first having written to them and having received written consent to do so along with an opt-out mechanism so that the individual can opt-out of any further mailings. To fail to do so is illegal and also a fundamental breach of the Data Protection Act.

    Regards
    Higgs

    Bank of Ireland would be interested to know about this. Thanks for that information. A copy of this thread will be posted to the branch.


  • Closed Accounts Posts: 1 Greenwood


    Brief bullet points to this thread in response:

    1. Spira1 stated on 20-03-2008, 23:17 Join Date: Mar 2008

    Quote”If you are a shareholder of Irish Forestry Services shares, Watch out for a scam”

    Quote “She said that they had purchased a list of contacts from IFS and claimed that this was totally allowed by the Data Protection Act. She went on to try and introduce her investment product by suggesting that I look up their website www.greenwood-investments.com
    I ended that phonecall right there and contacted one of the directors of Irish Forestry”


    We find the statement that we are a scam to be particularly strong in relation to a telephone conversation that apparently did not progress further than an alleged claim that data was purchased directly from IFS.

    Spira1 also states:
    Quote “one of the directors of Irish Forestry Services and had it explained to me that there is a possible scam going on”

    “The director of IFS that I spoke to related his attempts to track down the Greenwood-investments company details and directors and it sounded like they led to ghosts and dead end addresses. Greenwoods website looks slick but if you try and track their information, see where it leads to. There are real companies of similar names but they are possibly having their good names used”

    If the Director had called me on the number clearly displayed on the website I would have heard about it, all we had was a letter sent to our solicitors
    threatening legal action if we carried on marketing their clients they incidentally found no problems obtaining the details of our lawyers and if they had asked then our lawyers would have been supplied with an Irish CRO registered number and trading name for us.
    Further more to this point there seems to be no problems with other “posters”
    on this site obtaining correct trading details with very little difficulty.

    There is also a quote at the bottom of the page

    “IFS will be sending out a newsletter to warn about contacts from other companies who claim to have got your contact details from IFS.”

    This seems to be a funny statement made from an individual??


    2. Mccaul replied on 21-03-2008, 10:14
    Yep - it looks like a scam”

    Again this is a strong statement we feel. There is no illegality about using a mailbox address. We have used a mailbox for correspondence this is done for the convenience of our clients.

    We are currently looking for a full time office in Cork until this time we feel that a mailbox is the most efficient way for Irish correspondence to be sent and received.




    3. Spira1 stated on 20-03-2008, 23:17 Join Date: Mar 2008
    “The use of the shareholders is definitely wrong. They obtained it under false pretenses”
    This is public data and has not been obtained illegally or under false pretences. All phone records will be checked and this information will be forwarded to our lawyers.

    “And they lied to me as to how they got it. They stated that they had purchased the list from IFS which was a lie.”
    This statement again will be looked at from the phone records and forwarded to our lawyers.

    “The list of shareholders don't even contain the first line of any of the addresses”
    This seems to be a very well informed client and must pay incredible detail to all IFS shareholders details?
    “But they still tracked me down.”

    “This seems like a really professional bunch of scammers “
    Back to point 1 over the space of an allegedly very short conversation that did not get any further than a junior member of staff allegedly explaining that we had obtained the contact details directly from IFS.

    4. Mike 65 replied at 25-03-2008, 11:55
    “Got the warning in the post this morning.
    Mike.”


    We feel that this would be referring to the warning sent to IFS shareholders
    by IFS.
    A copy of which has been sent to our lawyers.
    We have attached the link below.
    http://img.photobucket.com/albums/09...tgreenwood.jpg

    5. One of our employees unfortunately involved himself at this time
    Although we feel the posts from hewittj where meant with best intention in mind we feel that the points where not his area to comment on. His understandable hesitancy to commit to any information before consulting his employers resulted in the conversation being perceived that there was something to hide.

    6. Ktk posted on 25-03-2008, 18:51
    “Ok, no personal information then.
    Can you tell me at least if you are a limited company, and if so why is that information not shown on the site?”


    We have registered a name and feel that this shows more commitment to our clients than hiding behind a limited liability company the name is
    Ben Taylor T/A Green Wood Investments
    Registration number 337892.
    We are looking to expand in Ireland and we are currently looking at offices in Cork.
    At this time we will incorporate a full Irish company, this by Irish law requires Irish resident directors.
    (Indecently the fact that Greenwood is two words is purely because the CRO incorrectly entered the details in this way the bank accounts are registered in the same way as Green Wood.)

    “Are you affiliated to the UK Company of the same name, which provides a similar product?”

    We are not affiliated in any way with the UK Company we believe the company referred to is a company that sells agricultural land and not forestry.

    ”Could you also post links on here to the source of both of your press articles given on your site. A search of the Sunday Tribune archive did not show the article you reproduce, and I cannot find the other magazine you refer to, from which you also reproduce an article. I would appreciate your help here.”


    We have scanned the complete article and it can now be seen on our website any further queries to its validity should be directed to the Editor of the Sunday Tribune.
    Three other articles from other publications will be scanned in the same way as soon as we receive the original copies.

    7. The syco posted on25-03-2008, 20:01

    “Oh, it'll go on until we find out how you got the phone numbers of the shareholders under false pretences, and then we'll find out so much more...”

    There where no false pretences and all the information regarding Greenwood
    Is in the public domain including the name of the director.

    8. stepbar posted on25-03-2008, 20:03
    “If you have nothing to hide you'll have no problem telling us the company behind Greenwood Investments. I know Bank of Ireland wouldn't have entertained you unless your company was legit. So please enlighten us as to what name we should search for on CRO.”

    This is correct the Bank of Ireland would not “entertain” a company that did not produce all necessary documents, and had not been checked.

    The company and all registered documents have been lodged, further to this we have sent all documentation relating to this blog as well as all legal letters sent to us from IFS to our lawyers and the Bank of Ireland branch we bank at.

    9. Spira1 stated on 25-03-2008, 21:45
    “Yes this is my first post on these boards, your point please???
    I note it is also your first, should we read something into that?”


    Greenwood hewittj’s first response was motivated by this posting there is nothing to read into this at all!

    ”I have read these boards on plenty occasions for information and never found the need to register or post until the company Greenwood-investments came along and LIED to me.”


    If a lie has been told by one of our junior employees we will deal with this
    harshly, further more we will issue an apology, we are checking our phone data to clarify this point and would like to re-assure our clients that we have no association whatsoever with IFS. Further to this we would like to add that we have had several enquires regarding preference shares for sale.

    WE DO NOT offer facilities that allow IFS shares to be purchased by us all enquiries of this nature should be dealt with directly by IFS we have attached there contact details below.

    T: 353 1 284 1777

    E: info@irish-forestry.ie



    “You haven't addressed that fact, one of your staff named <snip> or <snip>”

    We would very much appreciate the names involved here to help us to identify any wrong doings please if you could send the name/s to our email address below.
    info@greenwood-investments.com

    10. xebec (moderator) replied on 25-03-2008, 21:45

    “Just to reiterate what Roundtower2 said no unsubstantiated claims. You're in Investments & Markets now, let’s discuss the merits of this as a possible investment.

    hewittj, could you give us more information on your company and the potential investment? Costs, return, assets held etc would be good for starters ”


    We are happy to divulge this information. We are a growing company we are looking to expand our operations into Ireland.
    We offer a service whereby we source forestry land on behalf of our clients.
    Investment level is entirely up to the client, and we can even offer smaller forestry units on some of our sites for smaller investors.

    This enables us further capital injection that enables us to secure further forestry projects.

    Returns can vary dependant on type of forestry and country.
    We feel forestry offers a good solid base for capital growth.

    We would suggest that a good level of return would be around 4% to 7% per annum.
    The benefits of purchasing woodlots are.
    • Negative correlation to traditional stocks and bonds.
    • Tax incentives.
    • EU grants are available for new plantings across Europe.
    • Government funding in some areas.
    • Timber supply and demand is tightening

    We have holdings in Canada, Morocco, and we are looking to finalize negotiations in Uruguay.

    We would like to state that we are not regulated by the Irish Financial Services this is because timber and forestry is a physical commodity.
    We feel that this is not a negative but would like to re-iterate that for people who have enquired to us regarding solely to obtain forestry land
    as an investment then they should always seek professional advice regarding ourselves as well as any other company or organization.

    We hope that this helps

    11 Ircoha responded on 25-03-2008, 23:28
    “I really can’t see the wood for the trees; looked up the staff profiles and saw the attached.”

    We do not have any staff profiles listed on our site, but we appreciate this and view this as something that can be added at a later date.

    12 Mcaul responded on 26-03-2008, 09:39
    “Seems these guys are trading under a false name as greenwood investments ltd. has been dissolved for a long time.”

    This is a company with a similar name and we do not make any claims to be this company, in respect to this we would like to point out that the director who has registered his name below would have been 13 years old at the time of this company being dissolved.


    Company
    Number 125627
    Name GREENWOOD INVESTMENTS LIMITED
    Address 7, HERBERT STREET,DUBLIN 2.
    Registered 13/10/1987
    Status Dissolved
    Effective date: 04/12/1998
    Last AR Date 31/03/1993
    Next AR Date 31/03/2002

    ”Now in all probability the website is operated by an individual who has registered the business name Green Wood (2 words) Investments Not Greenwood (one word).”


    Again this was an accidental error and Greenwood was registered as two names at the CRO the Bank of Ireland account is registered in the same name.

    Business Name Number 337892
    Name GREEN WOOD INVESTMENTS
    Address SUITE 3 103 - 105 LOWER RATHMINES ROAD DUBLIN 6
    Registered 08/08/2007


    “the staff are all the employees of mail box etc in Rathmines where the postal address is situated. and the staff in hay lane Serviced offices at London Bridge.”

    We would like to state that we have no employees working at either address.

    “When you add everything up Green Wood Investments who are falsely trading under the name Greenwood Investments seem to be in all probability a scam.”

    We are not trading falsely and all information has been verified in the course of this post. We can not be accountable for companies with similar names.


    13 KtK responded on 26-03-2008, 09:44

    “Well, perhaps Mr. Hewitt has gone to ground today, I don’t know. But if he has he will not have answered a single question about his company. So consistently arguing his case? I don’t think so.”

    We find that our employee however passionately he felt about this post should not have responded without consent. Again to state the facts about this we know that information was not divulged earlier due to apprehension caused by lack of communication with his superiors.


    “I'm very interested about the investment potential he is offering, because the site for the company is high on rhetoric and low on actual detail.”

    It is low on detail due to the number of different species, the variation of capital invested by individuals as well as opportunities across the globe.
    etc, our point would not be put across effectively if we listed every possible forestry acquisition species etc available.


    ”In spite of how it may have come across, I have no actual axe to grind here. If greenwood is legit and upstanding, I really want to know. I want that side put across. Id like to know what they actually do.”


    We are more than happy to explain to you in detail please feel free to contact us
    On the number listed on the website or why not email us!

    “can’t understand why hewittj appears to be getting quite irritated, I wouldn’t go around in circles if he would answer ANY questions.”

    We feel that hewittj was more frustrated with himself and have talked with him in relation to this.

    14 Mcaul responded on 26-03-2008, 09:54

    “just in case the mods are wary of names published above - both are in public domain.


    Nathan Styles as per the so called "article" from the Sunday tribune magazine that is no longer published but which appears on Greenwood investments website.

    And Ben Taylor’s name as per the attached CRO document

    Attached Images”

    green wood.pdf (74.7 KB, 15 views)


    We feel that this comment itself says enough and that looking into our company it pretty transparent.
    Any claims that IFS only found dead ends and Ghosts as stated in Spins first comment are quite contrary to the amount of relevant information that has been produced since this post started.

    15 Stepbar replied on 26-03-2008, 19:19

    “This chap has registered as a sole trader. There's nothing illegal about that. However this person's business practices are suspect to say the least.”

    We would like to know which part of our business model stepbar does not understand at this point that causes a great deal of concern or raises suspicion of wrong doing.

    “I'd also be interested to find out it this person is tax compliant. He also would have had to provide proof of address to open a bank account. “

    This is completely correct to open a bank account you would certainly need proof of address etc.


    “I'm surprised that this person was entertained at the bank TBH.”

    The reason Greenwood was “entertained” was because the bank account was opened with all correct documentation this included correct addresses
    And as standard a thorough background check.

    16. higgs responded

    “I am an IFS shareholder and I contacted the Data Protection People. The Law is that:”

    Greenwood Investments is not entitled to directly market to an individual by telephone without first having written to them and having received written consent to do so along with an opt-out mechanism so that the individual can opt-out of any further mailings. To fail to do so is illegal and also a fundamental breach of the Data Protection Act.


    We obtained data through legitimate avenues, and paid for professional tele-appending.
    Tele-appending checks all data against the telephone preferential services daterbase in order to legally contact prospects. We have since suspended all outgoing marketing calls until direction on this has been clarified.


    17 Spina1 responded

    Higgs, that clears up a lot and proves that hewittj won't be back.

    ”IFS ...................Good
    Greenwood .........Bad”


    We feel that this again is a pretty strong comment based on lack of facts.
    As they say the proof is in the pudding this can only be judged on past returns and performance.

    18 stepbar finished the thread by saying.

    “Bank of Ireland would be interested to know about this. Thanks for that information. A copy of this thread will be posted to the branch.”

    We would like to make it clear that we agree totally, we have sent a copy of this and all relevant paperwork to the Bank of Ireland from our lawyers in relation to this.


    We would hope that this clears up any confusion.


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  • Subscribers Posts: 19,425 ✭✭✭✭Oryx


    @ Greenwood. Would you like to explain your connection to http://www.vine-yards.com/index.htm Are Ned and Nathan Styles real people?

    No, I dont think I'll be phoning you but thanks for the offer.

    On your site, your T&C's are not in fact, Terms and conditions but a reproduction of a legal contract with a company called New Brunswick, in a jusrisidiction I think of the same name. Who are New Brunswick and what is your connection to them.


  • Registered Users, Registered Users 2 Posts: 3,311 ✭✭✭xebec


    I'm locking this thread for the moment because I don't feel it's going anywhere as a discussion of a potential investment, instead I get the feeling that people just want to challenge this company on any point they put forward.

    Greenwood, thank you for providing us with that information. Anyone who is interested in this please contact them directly.


  • Closed Accounts Posts: 1,493 ✭✭✭mcaul


    Whilst the main thread is closed, I wish to respond to one point.

    The business name is registered as Green Wood Investments whilst it trades as Greenwood Investments.

    The company Greenwood Investments is a dissolved company and the name may not be re-used for a period of 20 years from the disolvement of the original name.

    The ODCE takes a very strong line on companies who trade under misleading names even if it is the joining up of 2 words. So for Green Wood's sake and to give their potential clients a bit more confidence, i'd suggest you change your trading name throughout your website to "Green Wood Investments" to ensure compliance with irish company law and also put a link to the CRO with your business name registration number.

    Then maybe people won't see you as [...] lads trying to fleece people.


  • Administrators, Entertainment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 18,773 Admin ✭✭✭✭✭hullaballoo


    ***IF YOU ARE GOING TO POST IN THIS THREAD, YOU MUST READ THIS POST.***

    Greenwood, thank you for your comprehensive post defending your business. It is something that you are fully entitled to do.

    Now, in relation to why your business has brought some opposition on itself, people generally don't like direct marketing. Receiving unsolicited phonecalls is like spam emails, except it's more pervasive and personal. As a result, there are fairly stringent laws in operation that are supposed to guard against this. Unless you know what you are doing, and have a team of highly innovative in-house lawyers, you are probably acting in breach of data protection laws of Ireland. I am happy, however, to see that you have taken the time to respond in full, and I view it as a marker that perhaps your business upholds better ethical practices than many others, who race straight to their lawyers so that they can sweep consumer information under the carpet.

    Honestly, it makes you look far better.

    You will find that people will continue to dispute information you have provided, but the best thing to do is to answer as truthfully as you can, because if you get caught out in a lie, that's far worse than if you let out a truth that may be harmful to your business.

    I'm recommending that this thread is re-opened by the moderators and that discussion is allowed to continue subject to the below (very important) caveat. Of course, it is the moderators' prerogative entirely as to whether or not they do re-open the thread.

    Here comes the caveat:

    If I see anything that accuses any business of sharp practices or fraud, the user will be banned. The reasoning is thus: it's entirely unnecessary to make wild accusations when you can simply present evidence as you have found it as to how a business carries on, and allow people to inform their own opinions. I mean this, so be very careful.

    I've edited out some of the more unnecessary comments from this thread*, simply in order to provide a more objective debate on this issue. That said, Greenwood has reproduced a lot of what I removed anyway, but that's up to Greenwood to remove - that re-publication is entirely his responsibility.

    As always, the views expressed by the individual users of this site are in no way to be held as the views of boards.ie Ltd., its servants, employees or shareholders. Boards.ie Ltd. is in no way liable for the comments posted by individuals.

    *Marked with '[...]'.


This discussion has been closed.
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