Category Archives: Commonwealth of Australia corporation

COMMONWEALTH OF AUSTRALIA 0000805157 – an American Depositary Receipt (ADR)

Profits before people

Why does the Australian Government seem to put profits before people?  Why does it behave like a corporation?  Is it really possible that “the Commonwealth” is a private company with individual shareholders?

In this Brief of Evidence we present verifiable facts that show that this indeed appears to be the case, that our elected representatives are working for private and hidden interests at the expense of the families of average hard-working Australian women and men.

The Evidence

A Brief of Evidence (BoE) is a document, prepared typically by a policing organisation, which contains an outline of the evidence which will be presented against the alleged perpetrator of an indictable offence in a constitutionally mandated court.

Our main source of evidence for this BoE is the official website of the U.S. Securities and Exchange Commission (SEC). Securities are tradeable financial assets such as bank deposits, stocks and bonds. The SEC is, according to Wikipedia, the agency of the United States federal government that holds primary responsibility for enforcing federal securities laws, proposing securities rules, and regulating the securities industry and the nation’s stock and options exchanges.

1. SEC company filing for COMMONWEALTH OF AUSTRALIA CIK#: 0000805157

SEC Commonwealth of Australia

http://www.sec.gov/cgi-bin/browse-edgar?company=commonwealth+of+australia&owner=exclude&action=getcompany

We will focus on five main elements within this company filing. The first thing to note is that EDGAR is an “Electronic Data Gathering, Analysis, and Retrieval system” which “performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC).”

That webpage also mentions that there are no real records on the system of filings by foreign companies and governments before 2002. It then continues, “It should also be noted that the actual annual report to shareholders (except in the case of investment companies) need not be submitted on EDGAR, although some companies do so volutarily.”

Next, let’s look at the Business Address: C/O AUSTRALIAN EMBASSY, WASHINGTON DC. Notwithstanding the actual registered name of this company, this is compelling evidence that we are looking at a company that is intimately associated with the Australian Government.

Down the page, there is a link to a form 18-K/A Annual report for foreign governments and political subdivisions. This is a revealing document, replete with technical legal and financial language, and beyond the scope of this particular BoE. Suffice to say that it clearly points to the registration of COMMONWEALTH OF AUSTRALIA by elements within the Australian Government.

Common to all company registrations with the SEC is a Central Index Key number (CIK#), the system’s internal referencing system.

Directly above the State location, being DC (District of Colombia), is the most essential piece of information that informs the purpose of this BoE: the Standard Industrial Classification code (SIC). Why this is important will become apparent as we move forward with our investigation.

What is a SIC code

http://siccode.com/en/pages/what-is-a-sic-code

COMMONWEALTH OF AUSTRALIA has a SIC code of 8880 – UNKNOWN SIC. Keep this number in mind; it is the key to the rest of evidence presented in this brief.

Building the case

Now that we have covered off on the basics, let’s take a step back to gain some context. We will be examining a number of other companies that have been registered with the U.S. Securities and Exchange Commission (SEC).

2. SEC company filing for GOVERNMENT OF REPUBLIC OF INDONESIA CIK# 0001229202

SEC Government of Republic of Indonesia

http://www.sec.gov/cgi-bin/browse-edgar?company=government+of+republic+of+indonesia&owner=exclude&action=getcompany

Overall there is not a lot of information about this filing, just the single entry of a Form SC 13 – General statement of acquisition of beneficial ownership. Clicking on this link will reveal that there are Series B Common Shares, with a value of 500 Rupiah each, issued for GOVERNMENT OF REPUBLIC OF INDONESIA.

Where there are shares there are most likely shareholders. In this case, these shareholders seem to be some sort of government officials with connections to a telecommunications company.

3. SEC company filing for GOVERNMENT OF THE REPUBLIC OF SOUTH AFRICA CIK# 0001254425

SEC Goverrnment of the Republic of South Africa

http://www.sec.gov/cgi-bin/browse-edgar?company=government+of+the+republic+of+south+africa&owner=exclude&action=getcompany

GOVERNMENT OF THE REPUBLIC OF SOUTH AFRICA is identical to GOVERNMENT OF REPUBLIC OF INDONESIA in nearly every respect. Both have a Central Index Key number (CIK). Both have similar single document filing form number and title; although the “beneficial ownership” is more clearly defined as being aquired by individuals in the former. GOVERNMENT OF THE REPUBLIC OF SOUTH AFRICA has additional information expressed as a contact address.

By clicking the documents link we can see that this company also has a relationship with a telecommunications company and that there are shares issued with a value of 10 Rand each.

4. SEC company filing for REPUBLIC OF SOUTH AFRICA CIK#: 0000932419

SEC Republic of South Africa

http://www.sec.gov/cgi-bin/browse-edgar?company=republic+of+south+africa&owner=exclude&action=getcompany

REPUBLIC OF SOUTH AFRICA CIK#: 0000932419 is not the same entity as GOVERNMENT OF THE REPUBLIC OF SOUTH AFRICA CIK#: 0001254425.

REPUBLIC OF SOUTH AFRICA has more detailed information about the company, including a Standard Industrial Classification code, SIC: 8888 – FOREIGN GOVERNMENTS.

Again, take note of the number 8888. When we click on the link:

5. Companies for SIC 8888 – FOREIGN GOVERNMENTS

SEC Companies for SIC 8888 a - h

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&SIC=8888&owner=exclude&count=40

Surely the SEC means that the ASIAN DEVELOPMENT BANK is a company owned by a foreign government and is not a foreign government in its own right. Right?

Are FINLAND REPUBLIC OF and HER MAJESTY THE QUEEN IN RIGHT OF NEW ZEALAND owned by foreign governments, too?  I guess that the company below, also with a SIC of 8888, is owned by a foreign government:

6. SEC company filing for LONDON FINANCE & INVESTMENT GROUP PLC/ADR/ CIK#: 0000356049

SEC London Finance & Investment Group

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000356049&owner=exclude&count=40&hidefilings=0

Formerly known as EAST RAND CONSOLIDATED LTD/ADR/, this company seems to essentially be a finance broker with an office for which MORGAN TRUST CO OF collects the mail in New York. Couldn’t be those Morgans, could it?

Notice the final qualifier for LONDON FINANCE & INVESTMENT GROUP /PLC/ADR/. That’s an acronym for American Depositary Receipt.  ADRs, according to Investopedia, were “[i]ntroduced to the financial markets in 1927” and are “a stock that trades in the United States but represents a specified number of shares in a foreign corporation. ADRs are bought and sold on American markets just like regular stocks, and are issued/sponsored in the U.S. by a bank or brokerage.”

What is an ADR 02

http://www.investopedia.com/university/adr/?rp=i

So then, North American individuals and companies can become owners of foreign companies that have ADRs in the marketplace. ADRs have their own Standard Industrial Classification code (SIC), too. Number 8880.

7. List of STANDARD INDUSTRIAL CLASSIFICATION codes(SIC) – partial

SEC SIC code list 8731 - 9995

http://www.sec.gov/info/edgar/siccodes.htm

Let’s look again at SEC company filing COMMONWEALTH OF AUSTRALIA CIK#: 0000805157. It has a SIC code of 8880, too – UNKNOWN SIC – 8880.

SEC Commonwealth of Australia short

http://www.sec.gov/cgi-bin/browse-edgar?company=commonwealth+of+australia&owner=exclude&action=getcompany

Standard Industrial Classification code 8880 is described, by the Securities and Exchange Commission itself, as both AMERICAN DEPOSITARY RECEIPT and UNKNOWN SIC.

What is going on here?

8. Form SC 13G – Statement of beneficial ownership by individuals

SEC COA Telstra beneficial ownership filing 02

http://www.sec.gov/Archives/edgar/data/805157/000134100407000585/0001341004-07-000585-index.htm

This 2007 filing shows clearly that COMMONWEALTH OF AUSTRALIA is an American Depositary Receipt, which is a block of shares which private investors can buy (TELSTRA CORP LTD has issued more than 2 billion shares to COMMONWEALTH OF AUSTRALIA).

Why has the SEC changed the description of SIC 8880 from “American Depositary Receipts” to “Unknown SIC” in the primary listing for this company?  And why is it not classified as SIC 8888 – FOREIGN GOVERNMENTS?

This Australian Government company appears on a list with with 874 corporate entities such as COCA-COLA HELLENIC BOTTLING CO SA/ADR, WOOLWORTHS HOLDINGS LTD /ADR/ , TOYS R US JAPAN LTD, NINTENDO CO LTD/ADR/, DEUTSCHE BANK AKTIENGESELLSCHAFT /ADR/,and BILLITON PLC/ADR/.

8. List for SIC 8880 – UNKNOWN SIC (partial)

SEC SIC 8880 partial list

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&SIC=8880&owner=exclude&match=&start=160&count=40&hidefilings=0

The Verdict

COMMONWEALTH OF AUSTRALIA is an Australian Government owned corporation filed as a disguised American Depositary Receipt, a categorization that the SEC gives to some foreign  companies so that traders in North America can become shareholders in those companies.

Corporations are dead legal fictional entities which have been given the same legal rights as living, breathing human beings.  They exist for the sole purpose of making financial profits for their shareholders.  This is accomplished at the expense of everything that exists in the physical and spiritual universe, be it the environment or humanity itself.

The question we must ask of those claim to represent our interests as living humans is this: “Does COMMONWEALTH OF AUSTRALIA have private shareholders and, if so, who are these shareholders?”

It is the moral and lawful duty of currently serving Members of Federal and State Parliaments to answer this question completely honestly to the full extent of their knowledge.  If they do not, they are in breach of trust and are admitting tacitly that they are in fact board members of a corporation masquerading as government and are not lawful representatives of the Australian people.

The laws we agree to live under should not be made and enforced by a corporate entity.  They should be made by the people who agree to live by them … We, the People.

Advertisements