I want to talk about a stock, (stock holder). My father was one of the stock holders in the company since 1979, he was only a farmer and the only Son of the family, but before the Super Baguio Rosing hits on 1976 and after tell 1980"s or since Marcos was in power, My father when selling our copra's the Government always take a part of it then in returns it was change with a coupon, and told to saved it, then later on when it was reach for the required amount, it was change with a class A certificate as a share holder of the company. It was happened during the Marcos Regime. But Later it was sickwester by the Government on 1986 by the Cory administration, and it was manage by the PCGG until at present.
This Group of Companies are as Follows;
1.United Coconut Planters Bank,
2.United Coconut Oil Mills Incorporated,
3.Legaspi Oil Company Incorporated,
4.Granexport Manufacturing Corporation,
5.Southern Luzon Coconut Oil Mills Inc.
6.San Pablo Manufacturing Corporation.
I am Making another post here to let people knows what happen to the Government itself that why not they solve this dilemma up to now? Is it because they are the one who profited that suppose to be the coconut farmers income? When i went to there office the officer told me that the case is already in the Sandigan bayan at present and its nearly finish but it was told last October and now is already febuary but still no results come out yet.
For those Farmers that there parents are the members of this 7Groups of Companies i mentioned above please contact or at
a.ampit@gmail.com - please write or post it here, in
RCMSI.blogpost.com/ and be a member.
Thank you very much.
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Monday, February 21, 2011
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