Will there be a new email line formed in order to make sure Ross Miles and
family is not included?
Pat Witt
Sent from my iPhone
On Aug 5, 2019, at 8:13 PM, Robert Johnson <rdj11256@xxxxxxxxx> wrote:
Dear defrauded investors,
We just wanted to let you all know that while we are deeply disappointed by
Friday’s court proceedings, we are still in for the fight. Please include us
in any future plans/meetings.
Thank you,
Eva and Rob
Sent from Rob's iPad Pro
On Aug 5, 2019, at 5:48 PM, Paty <pat.witt@xxxxxxxxx> wrote:
Chris
My name...Patrica Witt
Cell phone. 360-921-3511
Email. Pat.witt@xxxxxxxxx
Thank you!
Sent from my iPhone
On Aug 5, 2019, at 4:50 PM, treytennyson3 <treytennyson3@xxxxxxxxx> wrote:
Bill, I practiced before Judge Gregerson and agree he can be glib and
condescending. I agree we all need to be committed to 2 processes. These
are (1) retaining a competent investigator to determine what assets Ross
and family have and what they are worth and (2) filing suit for fraud
against Ross and all other principals, and getting a judgement for fraud
(which cannot be discharged in bankruptcy). With the findings laid out
in the Aug 1st Receiver report, proving fraud should not be difficult. I
also think that with the support of the Receiver's report we have a good
shot at getting either a restraining order or a preliminary order attaching
an investor lien to any property of Ross, Maureen and other principals.
I think we have to work diligently with the FBI to help us find where the
money went and lock up any of these companies.
We can appeal Judge Gregerson's orders but by the time the appeal is heard
most of the properties will be sold, so I think it is not cost effective.
Given the state of the loans in the pools, most are in default and
properties that secured these bad loans have to foreclosed on and sold for
the investors to get anything.
I would be happy to speak by phone or participate by phone at the next
meeting. My number is 360 904 1767.
Trey
Sent from my Galaxy Tab A
-------- Original message --------
From: Bill Pritchard <drwilliampritchard@xxxxxxxxx>
Date: 8/4/19 11:58 PM (GMT-07:00)
To: aem-vanc@xxxxxxxxxxxxx
Subject: [aem-vanc] Re: Address for Court proceeding 9 am tomorrow, 8/2/19 ?
Several particular aspects of Friday’s court proceedings to point out.
1. Judge Gregerson was more interested in the speed of the court process
than in delving into details of AEM Receivership authorization. It was very
clear he didn’t want to become too overwhelmed in the complications of a
complicated fraud case.
2. Judge Gregerson commented on perfection at the cost of the good. This
was said in a courtroom in America. Absolutely stunning to this layperson.
Why in hell is the word “perfection” coming from a judges mouth? Who’s
perfect? What’s perfect? Nothing! What he should have said was “rights” at
the cost of the good. Legal rights are what courts argue about all the
time. Perfection? Never. What arrogance.
3. I have thick original copies of AEM Subscription Agreements, Operating
Agreements and Management Agreements. Why are they so thick? Because they
determine what AEI (not AEMM) management can and cannot do. It appears that
Davis, Wright, Trumaine who wrote those glorified legal docs must have been
paid by the page. By Judge Gregerson’s criteria, each doc could be one
page, one paragraph, one sentence. “AEI as manager of those infamous LLC’s
can do anything they damn well please in all their management wisdom.”
4. With the loss of $70M dollars, the comments of a few or even a single
investor was not worth the time of day. Judge Gregerson insulted every
single investor at that hearing. Such glibness and condescension.
5. Every single investor must be actively involved in the criminal
prosecution of Ross Miles and every principle player at AEI. It is not
possible to carry out such malfeasance and fraud without almost every
employee participating, I might exclude the janitor.
6. We need to meet & deliberate on who can be pursued for compensation.
What are all their names, where are they, what do they have and determine
if there is enough money to be found to make a suit affordable, then sue
everyone involved. If the cost of pursuit is not worth it, then we have to
decide not to pursue. But before that decision is made, we need to know
more.
7. Personally, I wonder if Friday's decision is worth appealing? Or even
possible. I know I invested in LLC100 for the purpose of pooling money to
be loaned out to borrowers who put up their property as collateral. That’s
what I did in the ‘90’s when I invested in single mortgages. I invested in
mortgages. I did not invest in property to be sold. I never had to sell a
property to get my investment back in the ‘90’s. Selling was the last
option to used as a remedy for collection.
Enough for now. Sorry to go on, maybe it’s therapy.
Stay in touch,
Bill Pritchard
--
Bill
Dr. Bill Pritchard Pritchard Orthodontics
Cell: 360-921-1159 Tyler S. Pritchard,
DDS, MS
www.pritchardortho.com William J. Pritchard,
DDS, MS
drwjp@xxxxxxxxxxxxxxxxxx 2404 West Main St, Suite 110
drwilliampritchard@xxxxxxxxx Battle Ground, WA 98604