Hi there,
Just wanted to update everyone on what news/info I received this week. I was finally able to get a hold of Erica, and she gave me the following info:
1) My interest check owed to me - they are behind on several investors last interest check (it has been a year and 2 months now, and they haven't bothered to pay me and others back these funds owed and acknowledged to us). According to Erica, she and Fred are working on these interest checks owed and will be rolling them into the funds that we are owed. I don't know if I agree with this method, but I will talk to Erica further on it once she gets back to me. One note - I have been made empty promises, given broken time frames by Eric, Matt, and Justin to name a few, that they know these funds are owed to me, and yet, still no payment. I am hoping that Erica will be different, she seems to want to help and understands the situation.
2) Fred Aaron is supposed to be working on memo's to all investors to give specific figures as to what we are owed and how we will get paid back these funds (this is per Erica). She was not able to give everyone these specifics in the initial meeting from last week, and Fred is supposed to be working on them to give everyone a bit more info. I will keep following up on this until we get this memo, Fred is on vacation and won't be back until Thursday. Time frame is still moving along, and 30 days is not unrealistic according to Erica - although it can still take up to 90, the powers to be were at the merger company's office today to finish up paperwork and she is optimistic that everything will be worked out it should.
So, my biggest question so far, is why the two, drastically different stories on time frames between Erica/Fred, and Eric. Per Tired, on tape, Eric has stated deal is done, we will get our $ by 7/9, but yet Erica/Fred have a more lengthier time frame and aren't even coming close to 7/9, as Fred is still working on figures and won't even be back until Thursday of this week?
And according to toxic, there are big problems with the product itself? If you have any more info, or can expand on what you know thru this site, that'd be great Toxic, the more info the better.
That's all I have now, hoping, as usual, that this gets worked out and everything gets finalized for the best.
|