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WISR Ltd V.WZR


Primary Symbol: WSRLF

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

Post by farml1234on Jun 27, 2014 7:00am
400 Views
Post# 22699504

Iraq court agrees with the Kurds on oil sales

Iraq court agrees with the Kurds on oil sales
16 minutes ago duffs55, rags2rags and 4 more like this. . Post by Bob on 16 minutes ago www.krg.org/a/d.aspx?s=040000&l=12&a=51789 RI, 27 JUN 2014 13:32 | KRG.org Erbil, Kurdistan Region, Iraq (MNR.KRG.org) - Immediately after the KRG’s first export shipment on the United Leadership vessel in Ceyhan Terminal, the Iraqi Federal Oil Minister (the “Minister”) submitted a formal request to the Federal Supreme Court in Baghdad, (the “Court”) asking the Court to rule against the KRG Ministry of Natural Resources and prevent it exporting oil out of the Kurdistan Region. On 23rd June 2014, the Court convened a special meeting to address the Minister’s request and, after examining the reasoning behind his request, the Court decided unanimously to reject the request of the Minister “for being contrary to the applicable legal contexts in Iraq.” It is worth noting here that the Minister’s claims were based on his own interpretation of constitutional provisions to claim that the oil and gas affairs fall within the exclusive powers of the federal government. In so claiming, the Minister was relying on the centralized laws enacted prior to 2003, thus ignoring the fact that current constitutional provisions do not incorporate any oil and gas matters within Article 110, which defines the exclusive powers of the federal government. With this Court decision, the Kurdistan Regional Government has another important clarification of its acquired rights as stated in the Constitution. The Court ruling was taken by a unanimous decision of all its members, and it explicitly rejected the request made by the Minister. Such a decision by the highest court in the land is binding on the Minister and cannot be challenged in any way. This is a clear victory for justice and for upholding KRG’s rights, despite the Iraqi Federal Oil Ministry ‘s interferences and unjustifiable interventions. This decision clearly demonstrates that the Federal Oil ministry and its marketing arm (SOMO) will also fail on all their reckless efforts on the international level. This judicial decision by the Supreme Federal Court must be respected, and now we call upon the Federal Oil Ministry, SOMO and all their helpers to abandon their illegal and unconstitutional interventions to prevent oil exports from the Kurdistan Region. They must also cease sending intimidating and threatening letters or making false claims to prospective traders and buyers of oil exported legally by the Kurdistan Regional Government for the benefit of the people of Kurdistan and Iraq. Read more: https://gkpinvestor.proboards.com/thread/6728/supreme-federal-court-rules-minister#ixzz35pu79NDx
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