Ila,
You are right, it is probably too late, but possibly there is some way that the
judge could hear what we have to say.
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.
Bob
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 in this
nightmare, I doubt much can be done.
Having said that, I’m fully vaccinated and masked in public and am happy to
sit down and strategize (or sympathize) with others. Forty-four out of the
whole group doesn’t sound awful, but the amounts I’ve seen for others are
certainly not what was hoped for.
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 from
those of you whom are members of the elite group of 44 that the 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
