Yes, thanks, Bill. Well articulated. In addition to contributors to the legal
fund being paid first, Is it reasonable to suggest a modest rate of interest be
included in the reimbursement? I ask this because I, for one, will be borrowing
the money I will contribute and it would be helpful to also recoup at least
some of the cost of borrowing, especially since this is projected to extend
over multiple years. Just a suggestion for consideration.
From: aem-vanc-bounce@xxxxxxxxxxxxx [mailto:aem-vanc-bounce@xxxxxxxxxxxxx] On ;
Behalf Of Neil & Marilyn
Sent: Saturday, July 27, 2019 4:21 PM
To: aem-vanc@xxxxxxxxxxxxx
Subject: [aem-vanc] Re: What to do?
Agree with you Bill. Contributions to attorney fees paid first as hopefully it
bares fruit, increasing funds for all. Thx for your review Bill.
On Sat, Jul 27, 2019, 2:18 PM Cbugas <chrisbugas@xxxxxxxxx
<mailto:chrisbugas@xxxxxxxxx> > wrote:
Whoa. So THAT would be Dr. William Pritchard: articulate, ethically astute.
Sent from my iPhone
On Jul 27, 2019, at 1:57 PM, William Pritchard <drwilliampritchard@xxxxxxxxx
<mailto:drwilliampritchard@xxxxxxxxx> > wrote:
Fellow investors,
Please take the time to think through our common dilemma.
The scope of our problem requires us to act and function together. No single
investor can afford to pursue this independently. It is tempting to single
out each group of Investors for each LLC as a possible way to recoup our
losses. It might be possible, but with all the co-mingling of LLC funds,
loans, fees, bonuses, the web of transactions are bound to be very complex
and very difficult to independently unravel.
Therefore, I feel it appropriate to join together as one investor group to
pursue possible asset recovery. I do ,however, remain open to expert legal
advice.
A key issue to remember is that any information from AEM. Ross Miles and
anyone associated with him is irrevocably tainted. There may be a mixture of
slight truth, but the resulting conversations have to be viewed with great
skepticism and most likely disregarded as misleading, incorrect and most
likely an out right lie.
I am waiting for a letter from Mr. Thompson, Bob & Eva Johnson’s Attorney,
before contributing to a legal fund for us to provide resources to proceed,
post-haste, to rescue any possible assets. This should occur this week.
I encourage others to weigh our options carefully before throwing good money
after bad, but my own opinion is that we must pursue this case. I pray it is
the best option, but I cannot do nothing.
I believe that Trey Tennyson is correct that in retaining Gary Grenley of
Garvey Schubert Barer. His firm is large enough and able to pursue
complicated securities litigation appropriately. I do remain open to
interview other firms, but I don’t know enough attorneys to make this
decision without the input of others.
Roy Thompson’s full, multiple barrel approach to pursue everyone and anyone
involved in any transaction appears to be the best advice we have received so
far. It is only by pursuing every pocket can we even begin know if and where
assets may be found.
To those who are unable to find additional resources: please be of good
courage. Remember, I am of the opinion that we are in this together. I am
willing to spend additional funds for our behalf and other investors are as
well. So do not despair, but I also think it is fair and reasonable that
those who have the resources and can contribute, should be repaid legal fees
first, before a fair and pro rata distribution of the remaining available
assets is completed. In this way, it would allow those with remaining assets
to fund our joint legal battle and still hold together for the benefit of all
investors in the group.
This is a challenging time. Please, do what you have to to get through this
as best you can on a daily basis. It is a reminder for us to remember the
truly important things in our lives: our God, our families, our friends and
our communities. These are the relationships and connections which are of
true value and of true importance. Enjoy those you love. No one can take that
away.
Until later, respectfully,
Bill Pritchard
(360) 921-1159
drwilliampritchard@xxxxxxxxx <mailto:drwilliampritchard@xxxxxxxxx>
