More to the point Ila, none of us would have even invested with Miles had
we given it maybe more thought. For me, it felt comfortable, but in
hindsight I remember the property in Yakima I picked up that Maureen Wile
was responsible for. They went bankrupt almost immediately. I lost about
$100,000.00 just right there, but I still put money in the pools. Two other
contracts went bad and they bought me out. I can see now that they were
setting us all up. N
On Fri, Jun 18, 2021 at 7:28 PM Ila Stanek <timeout29@xxxxxxxxxxx> wrote:
I totally agree. I’d never had retired if I had known this would
disappear.
If there are next steps, please keep me in the loop. Thanks,
Ila
Sent from Ila's iPhone with a mind of its own.
On Jun 18, 2021, at 6:30 PM, ROBERT LAWS <rklaws@xxxxxxxxxxx> wrote:that the judge could hear what we have to say.
Ila,
You are right, it is probably too late, but possibly there is some way
It all hinges on the interest payments that we all received each month.For us they are changing them from Interest to return of Principal,
therefore Money Out (MO).(how can this be done when we received 1099s from
AE, and paid taxes to the IRs as interest. To compound the situation, the
're-investors', were given credit for the additional shares of the LLCs,
(MI), but were not charged for the interest which they had to have received
(MO) in order pay for the new shares. Each month the (MO) would equal the
(MI), therefore the claimable amount for them would stay the same rather
than double every 7 years.
There are several ways this could go, I feel there is no question -there present plan is inconsistent.
Bobin this nightmare, I doubt much can be done.
On 06/18/2021 5:17 PM Ila Stanek <timeout29@xxxxxxxxxxx> wrote:
Bob,
We are on that list. Since there is nothing equitable about anything
happy to sit down and strategize (or sympathize) with others. Forty-four
Having said that, I’m fully vaccinated and masked in public and am
out of the whole group doesn’t sound awful, but the amounts I’ve seen for
others are certainly not what was hoped for.
from those of you whom are members of the elite group of 44 that the
Thanks for taking hold,
Ila Stanek
Sent from Ila's iPhone with a mind of its own.
On Jun 18, 2021, at 5:07 PM, ROBERT LAWS <rklaws@xxxxxxxxxxx> wrote:
Hi everyone,
I hope you have all survived the pandemic. I am interested in hearing
receiver has determined will not receive any distribution. Please contact
me if you have any concerns that this might possibly not be a fair and
equitable plan for all. The deadline for any action is very soon, June 29th.
Bob Laws
rklaws@xxxxxxxxxxx