Arrowhead Media Sales

Arrowhead Media Sales:

Whilst the majority of the funds from the Marbain transaction seem to have ended up in Cyprus - $100,000 found its way back to Australia to an account in the name of Arrowhead Media Sales.

Arrowhead was allegedly controlled by Mathew Mason, Landeryou’s brother-in-law who was listed on ASIC records as the company's sole director, secretary and shareholder.

It seems though, that despite (again) having no formal role in the company, the account itself was controlled solely by Andrew Landeryou.

Mr Mason, however, told the court during the Liquidators examination, that he had no knowledge of being an officer of the company and that his signature on company documents were forgeries.

When asked who might have been involved in these arrangements, he replied that the only person he knew who would be involved in these type of things would be his brother-in-law Andrew Landeryou.

Landeryou, has at various times disputed this evidence - arguing on his blogsite that Mr. Mason’s testimony was misrepresented and that Mason was fully aware of his involvement.

In April of this year, however, Mason sent a letter to ASIC trying to finally settle the matter and stated categorically he had never been involved in the company, and that the signature on the application was clearly a forgery:

In his letter Mason says:

With regard to your letter dated 29 March 2006 (copy enclosed), I am unable to comply. I’m sure you’ll understand that I cannot resign from a company I was never and office holder of. I would like to reiterate, I am not connected with this company in any way nor have I ever been. At no stage did I agree to become involved with the company in any way. I am not and never have been an officeholder, shareholder or employee.

Please take not of the signature at the bottom of this letter. This is my signature. I can assure you that any documentation you have referring to Arrowhead Media Sales Pty Ltd has not been signed by me…”

All we can say is that somebody is not telling the truth.

The extent of Arrowheads business dealings is unclear, but we do know that the company was at least involved in casino marketing and that Nick Church, amongst others, have been listed at various times as employees.

We also know that Arrowhead was also the registering agent for a company called Halal Poultry of which Dean Sherriff claimed to be General Manager.

At ths stage we can only speculate what relationship and synergies might exists between the businesses of casino marketing and Halal Poultry.

Curiously, a company called "Arrowhead Media" also seems to have held 220,000 options in a company called FSA Group Ltd a publicly traded company on the ASX which specialises in debt relief and restructuring.

While we are unclear about what these options were granted for – we are sure that more information will come to light.

Stay tuned.