Independent Due Diligence from Falkirk

Independent Due Diligence from Falkirk

As a direct result of numerous enquiries from its large client base Falkirk Scientific Foundation the private genetic and systems provider has activated a due diligence process on the Woolpartners Co-Operative prospective and investment statement.

The investigative team comprises a forensic accountant, legal counsel and a noted QC complemented by Falkirk directors.

Mr Ian Walsh Principal Director of Falkirk stated that the main areas of concern revolved around the conflict and contradiction from the ‘Road Show’ deliveries of Woolpartners Co-Operative Promoters, the Prospectus and recent media reports.

Growers reported that they were concerned to learn that;

Mr Walsh stated that the investigative brief would be far reaching to include a ratified dossier generated by Falkirk from 1995 forward to trace the business and marketing behaviours and practices that have influenced the Wool Industry to a negative position. An interim internal report vindicates a number of these concerns raised by growers which will be defined in detail at the end of the brief.

ENDS

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