Archive for December, 2010

Has Fortress Dropped HLS?

Wednesday, December 29th, 2010

Huntingdon Life Sciences have been reliant on loans since the beginning of the campaign to shut their company down.  The SHAC (Stop Huntingdon Animal Cruelty) campaign has been effective on nearly every continent in its efforts to stop the horrific violence and abuse that takes the lives of 500 animals every day of the year.  HLS initially had a £12 million loan with Natwest.  When RBS took over Natwest in 2001 they did not want to take the campaign with them, and when HLS failed to pay their money back in time they wrote off the debt for £1.  HLS then borrowed money from US bank Stephens, after a year of campaigning they dropped HLS.  By 2006 HLS were $100 million dollars in debt after securing an “anonymous” foreign loan. No other financial institution would touch them and still won’t.  SHAC have now traced the anonymous loan back to the Fortress Investment Group, as US based financial company who specialize in high risk loans and acquisitions.

In 2009 HLS are still $70 million in debt and meant to pay it back in 2011, but HLS were also in crisis in March 2009 when they were unable to make one of their loan repayments. CEO Brian Cass even tried putting out a desperate plea in the national press calling on a bank to give them a loan and bank account, but no one responded as HLS rightfully remains a pariah.

HLS cannot pay back their 2011 loan to Fortress, and as a result have been forced to sell the company. No one else wants to help HLS which is why their American management has borrowed still more money to privately buy the company for over $100 million! Before the sale could take place, HLS was forced to commission an independent analysis of their financial situation. The results were incredible as they were proven to be on the brink of bankruptcy.  Fortress has been the key to HLS’s survival, and are really their only hope.

2010 has seen major demonstrations against Fortress and their subsidiaries all over the world.  Recently this post was released to an Animal Liberation reporting website:

– statement released by anti-HLS campaigners:

“Fortress Investment Group have ceased all loan facilities with Huntingdon Life Sciences / LSR / and all associated subsidiary companies. They will not re-finance the loan either themselves or via any other financer.

More information will be made public soon.”  –  The following was taken from bite back online.

For more information on the campaign to Stop Huntingdon Animal Cruelty check out:  http://www.shac.net/HLS/who_are_hls.html

A Holiday Wish

Thursday, December 16th, 2010

When planning your Holiday Feast please remember the values of the Season: Peace, Charity, Health and Good Will.

Peace is not harming or killing someone for your dinner.

Charity is not taking grain away from the Starving in Africa to feed to Turkeys.

Health is carotene rich Squashes rather than hormone, sodium nitrate, parasite and worm laced Turkey bodies.

Good Will is thinking about all of the people -the animals, the farm workers, the ecosystems, the processors- and all of the other people that are harmed and oppressed by animal exploitation.

Peace be with you and those you love this Christmas, and with all of the less fortunate non-human animals.

X-Mas Sugar Cookies

Sunday, December 12th, 2010

Ingredients:

Directions:

  • 1 In a large bowl, cream ‘butter’, sugar, egg replacers + water, and vanilla.
  • 2 Add flour, salt, and baking powder.
  • 3 Mix well and begin to form a dough.
  • 4 Add enough almond milk to moisten the dough (more ‘butter’ might help too, you’ll just have to play with it until a dough is formed).
  • 5 Refrigerate for 1-2 hours.
  • 6 Once it’s ready, roll dough to desired thickness, approximately 1/4 inch thick, and use cookie cutters to form shapes. You could also just make these into rounds.
  • 7 Place cookies on a cookie sheet lined with parchment paper and bake at 350 degrees for 8 minutes or until just starting to brown.
  • 8 Cool on racks.
  • 9 Decorate with frosting or just dig in and enjoy!