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Topic # 9546 26-Sep-2006 11:28
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http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10402981

Well-known entrepreneur and telecommunications advocate Annette Presley is leaving Slingshot, the internet company she founded, the firm said today.
 
Slingshot owners CallPlus today announced that Ms Presley will be standing down from her executive role within Slingshot "to pursue new opportunities".
 
They describe themselves as "New Zealand's largest 100 per cent kiwi owned full service telecommunications company".

I guess they have no people available to work on their website now. Their last press release is from December 2004.




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Reply # 46865 26-Sep-2006 11:54
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AP is probably too busy for Slingshot now with her new investments from Dragons Den. Look on the brightside no more annoying ads.




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  Reply # 46866 26-Sep-2006 11:54
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according to "the line" this morning Annette is on holiday in Fiji and didn't know she was stepping down...

Felix

"it's not what we're drinking, it's how"



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  Reply # 46867 26-Sep-2006 11:56
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Reply # 46869 26-Sep-2006 12:08
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Wow looks like a Coup d'etat

AP may have to join the ex Thai PM in London. They could go into exile together.




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Reply # 46871 26-Sep-2006 12:10
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Well on the positive side, with both of them in exile there wouldn't be a shortage of 'bread'.

Perhaps they could open a chain of bakeries.




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  Reply # 46874 26-Sep-2006 12:18
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yeah, I see no negatives here at all... She says she's not stepping down and has 45% of the company, CallPlus say she is, and they couldn't get her on her mobile in Fiji but she should have known anyway cos they have been talking about it for a while...

Perhaps she could head over to Econet and form the most irritating company this country has ever seen!?

F

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  Reply # 46876 26-Sep-2006 12:31
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Felix: Perhaps she could head over to Econet and form the most irritating company this country has ever seen!?

F


That's got to be the funniest thing I've heard all day.

Imagine Tex & Annette in business together!


sat

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  Reply # 46918 26-Sep-2006 20:50
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Prehaps she could join Telecom and help them to make the bread

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  Reply # 46926 27-Sep-2006 06:35
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It certainly seems this issue is far from over - Annette dinies anything has changed!


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  Reply # 46927 27-Sep-2006 07:21
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Hate to be in her firing line when she gets back.
Last night on the news via phone conference she was asked what she will do when she gets back - reply "Fire someone!"





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  Reply # 46930 27-Sep-2006 08:44
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Herself hopefully...

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  Reply # 46935 27-Sep-2006 08:54
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Shes buggered -Martin + Dick = More shares than Annette's shares

Share Parcels

Total Number of shares 10,000

Number of Shares 4,500
Shareholder(s) PRESLEY, Annette Sylvia 39 Ewen Street, Takapuna, Auckland
597408 - CADMONT HOLDINGS LIMITED Lowndes Jordan, Level 22, Coopers & Lybrand Tower, 23-29, Albert Street, Auckland

Number of Shares 4,250
Shareholder(s) DICK, Malcolm Stuart 212B Sunnyside Road, Coatesville, Auckland
597408 - CADMONT HOLDINGS LIMITED Lowndes Jordan, Level 22, Coopers & Lybrand Tower, 23-29, Albert Street, Auckland

Number of Shares 475
Shareholder(s) WYLIE, Martin Edward 19 Herne Bay Road, Herne Bay, Auckland
CONE, Geoffrey Peter Phillip Level 3, 280 Parnell Road, Parnell, Auckland

Number of Shares 250
Shareholder(s) DICK, Adrian Jeffrey B5/15 Scanlan Street, Grey Lynn, Auckland

Number of Shares 125
Shareholder(s) TODDUN, Wayne John 3 Carmen Avenue, Mt Eden, Auckland
TODDUN, Michele 3 Carmen Avenue, Mt Eden, Auckland
WALES, Geoffrey Christopher 46 Elizabeth Street, Mt Eden, Auckland

Number of Shares 125
Shareholder(s) DICK, Malcolm Stuart 212b Sunnyside Road, Coatesville, Auckland
DICK, Adrian Jeffrey B5/15 Scanlan Street, Grey Lynn, Auckland

Number of Shares 100
Shareholder(s) CALLPLUS HOLDINGS LIMITED 110 Symonds Street, Auckland

Number of Shares 100
Shareholder(s) CALLANDER, Mark John 76 Paice Avenue, Sandringham, Auckland

Number of Shares 75
Shareholder(s) 1783620 - CALLPLUS TRUSTEE LIMITED CallPlus Business Centre, Level 4, 110 Symonds Street, Auckland

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  Reply # 46937 27-Sep-2006 09:09
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It certainly looks like a Malcolm Dick & Martin Wylie takeover of the company.

Annette was saying on the radio this morning she was still the biggest shareholder so they couldn't do anything. She's obviously failed to comprehend the fact that the remaining shareholders have more shares than she does.


Martin Wylie is a *very* smart man, him having more power at the company could be very interesting.


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  Reply # 46939 27-Sep-2006 09:15
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I see this as a calculated stunt to kick AP out- i wonder what will AP do now

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  Reply # 46940 27-Sep-2006 09:15
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oh dear - half a loaf = crumbs
I can not see how this will be a good thing for the company - her face has in my opinion lifted the profile of Slingshot.

I am guessing this is personal.

Mark Sainsbury might invite her again and with few wines under her belt I am sure all will be revealed.




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