Kagehitokiri2
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any idea what happened to ultimatemembers.org as is down today? Is there another DC4MS deal happening?
end of 2008 ~ $6MM debtDuring 2010, we decreased our debt by $400,000," said John Beckel, General Manager of M Private Residences.
Since we introduced the program that allows our members to sell on the open market, we have facilitated 12 transfers
Mike Shelton, who is overseeing the growth of the Abercrombie & Kent Residence Club.
I think it's more remarkable that Mike Shelton, who was a top executive in Rob McGrath's ponzi scheme, is 'overseeing' A&K. Sure makes me glad I didn't take A&K up on their offer to 'invest' my settlement money with them.
At the end of the day I don't care what happens as long as my travel resumes and the costs equate to the benefits in a mutually beneficial way. I'm betting that this time with AK it does.
Not once did AK induce me and my settlement dollars with as "investment." I originally wouldn't give any money back to them because of AK, but I am now because of Shelton and how he explained the process to me last week. For anyone to claim he's not involved in structuring this deal, or with AKs full support is absurd.
RLG you were a fellow plaintiff but have never once posted on our club issues before? I find that cautiously suspect - looks like your time here has been spent talking timeshares and vacation clubs.
I think it's more remarkable that Mike Shelton, who was a top executive in Rob McGrath's ponzi scheme, is 'overseeing' A&K. Sure makes me glad I didn't take A&K up on their offer to 'invest' my settlement money with them.
ok now i remember one thing he did - talked about how great michael shelton was.
the DC industry can seriously not get any more ridiculous.
i thought all the positive discussion about TH bankruptcy was focused on CRO holly etlin
for example - http://www.destinationclubnews.com/...hies_For_Restructuring_A_Destination_Club.php
but i dont really recall at this point what was posted on DC4MS/TUG
You might want to check your facts Kage, Holly Etlin left the employ of TH before the sale UR even closed. In fact, it closed some year + later, that was at the direction of the board, who had terminated Xroads in July 07 for failure to perform.
It's my understanding that Etlin and Shelton are not only friendly, but have worked other projects together since.
All the banter on this board about nothing is probably why no one ever learns anything here - or responds about anything in a positive manner.
I originally wouldn't give any money back to them because of AK, but I am now because of Shelton and how he explained the process to me last week.
RLG you were a fellow plaintiff but have never once posted on our club issues before? I find that cautiously suspect - looks like your time here has been spent talking timeshares and vacation clubs.
RLG you were a fellow plaintiff but have never once posted on our club issues before? I find that cautiously suspect
I'm not part of the branding / licensing suit. Been asked many times and don't believe there is a basis there. I was told upfront if it was my last dollars to not join the club. I made the decision on my own accord, talked to numerous members at the time and all were more than happy (now we know why).
Some argue there is merit to the litigation. I see it merely as pouring good money after bad. I wish AK had been more proactive in resolving it, and I think they could have made offers at inception, certainly at least when Fortress got involved, and induced members over to their new club. The economics would have been an issue to resolve but I don't believe an insurmountable one.
...If you were a participant in the A&K lawsuit you should already have received your settlement papers.
like PerryM, many of your posts make it seem like you barely read any other posts. this makes your personal attacks weaker, because they seem just plain made up, rather than based on posts.you equate me with someone I am not (but whom I respect), then might I suggest you unveil yourself and lets get on the phone with all the parties. I don't purport to be anyone I am not - can you say the same?
I don't know anything about the prior boards as I wasn't a participate in them, but it does appear that you have a lot of innuendos' and "I think I recall," but no facts. Actually makes me wonder if you're one of the prior referenced terminated employee's that didn't make the cut, or receive any severance? No one else would make such blatant comments, and likely no one with any money or common sense would expose themselves too it.
dec 19 >We received our settlement check first of the week and have also had conversation with AK about their offering. The website is very vague, almost worthless but so too was the announcement they sent out.
We'll probably do something with them but we're waiting on more information now.
dec 19 >AK is offering some pretty decent join in prices for settlement conversions. They told us that we have to be part of the settlement group (they are actually confirming a lot of personal data)...We'll probably join after first of the year
first a post re being vague, similar to other posters.I'm happy with how they spoke to me, the expedience in which they actually got back to me and follow up and the candor of the offer and details presented. Considering our settlement dollars appear to be all over the board (ie, dollars received by individual) I don't know how they'd publish something that was a "one size fits all."
dec 17/19 vs febNot once did AK induce me and my settlement dollars with as "investment." I originally wouldn't give any money back to them because of AK, but I am now because of Shelton and how he explained the process to me last week.