Several concerned investors of Cash Plus Limited, the controversial alternative investment scheme, yesterday converged at the company's Half-Way-Tree branch seeking answers related to a newspaper advertisement published by the company on Sunday.

And the primary question on the lips of those gathered was when would chairman of the Cash Plus Group of Companies, Carlos Hill, be holding his next public meeting.

"When Mr Hill going keep the next meeting? We want to know about this cease and desist thing," one person was overheard saying.

Investors were told by representatives of Cash Plus that Hill would be holding a meeting soon, but offered no specific date.

"What I am suggesting to you to suggest to Mr Hill is to come and communicate with the people. There is a court date in January but we need him to come and talk to us long before that, to explain what is going on," another investor said to the company representative who came to address the customers waiting outside.

Some investors, however, tried unsuccessfully to get an explanation as to whether the cease and desist order imposed upon Cash Plus last Friday by the Financial Services Commission would affect the roll over of their interest.

While making no promises, the representative also told the investors that by Thursday of this week they may be able to encash cheques issued to them.

The full page advertisement taken out by Hill stated that the Cash Plus Group of companies is to be strategically re-classified. It also asked customers to roll over their monthly considerations for the next three months in order to help Cash Plus facilitate the re-classification process. The three-month roll over, the advertisement said, would:

. Allow the Cash Plus Group the opportunity to regularise its operations, not as a financial entity, but as a profitable conglomerate of companies with diverse operations, without any risk to our clients;

. Allow for the process of amalgamation of all the companies in the group, starting with Cash Plus Limited, Cash Plus Development, and other selected companies; and

. Give the Cash Plus Group the opportunity to optimise the potential of the companies within the conglomerate.

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