I Want My Money Back

Hi Joepall

How did you manage to speak to the administrators?  Did they say whether a decision is likely to be reached soon?  Did you manage to visit the site at SADM while you were over here?  We don't drive, so can't get over there at the moment, as John has an injury to his calf muscle.  If you did go there, what impression did you get?  Did you see the work that has apparently been done on the approach road?  It would be good to get an update.

Sorry for all the questions, but you have obviously managed to speak to a lot of people while you were over here, so it helps to know what you found out.

Good luck, whether you decide to go for your money or try to move to Playa Golf.

Sue

Hi Sue ,I managed to speak to one of the administrators in the San Jose office in Orihuela,it was all doom and gloom.If we do get anything back in the end ,which is very unlikely ,it could take anything up to 5 years.The message was for me to get out anyway i could.Iwent to Jumilla sight and it was heartbraking.Nothing has been done there since last November,I knew then that the game was over and the project would not continue.Sorry to be blunt but thats the way it is.Joe

Hi Joepall
thanks for the postings and the info.  It is heartbreaking all round I agree.  Did they mention or give any indication at all about re-financing and carrying on with SADM as we are being told by SARC?  No one else seems to believe it or has heard from their Lawyers regarding this at all ?  One would have thought they were advising 'stick with us' like SARC say if they believed it was going to happen surely?  Or have we just had more bull to keep some more pepped up?

Sal

Sal, we went into the site office at Jumilla last week, there was only one girl on duty. I asked her what the position was and she waffled on about still waiting for the finance to come through and that was it. We were going to the office in Orihuela but we changed our minds as we didnt want our holiday spoiled, and also I might have been arrested because I wouldnt  have wanted to have left the office without my cash!! Cheers Joanniemac

Hi Joannie, god bless you chick at least you tried.  And who would blame you for having a holiday as well as!

Catch you soon

Sal

Hi all It really struck me as strange the vibes Joepall got from all as compared to the vibes SARC leaders got at their meeting with Admin etc. Now Joepall seems like a straight forward,straight talking  honest  kind of guy  however it makes me wonder if SARC leaders are really only hearing and interpreting things to what they want to hear and not what is actually being said .I believe Joepall and think he got the correct vibe . So how can SARC leaders think they are being told the opposite .Can they possibly be so  desperate for things to be OK that they are getting it so wrong .I really don't understand all this . I know Joepall is right because my lawyer has spoke to admin and said the same thing it is pretty much hopeless for SJ and it is unlikely any developments will be completed.So why are SARC leaders doing this and giving false hope .I really don't understand . JA


Hey perhaps we could all go to SJ offices together tomatoes and all it wouldn't be so bad getting arrested as long as we had company .We could sure do with the publicity ,as no one seems to give a toss about us  right now. 

This message was last edited by julie anne on 10/2/2008.

Hi JA, ive been trying for days to have these facts of re-financing verified by my Lawyer.  My guy has got absolutely no idea where they have this from and has NOT had it clarified by the Administrators to-date despite challenging them with the information provided by SARC on this Forum.  (werent we informed that it site HAD been sold not in negotiation of..- unless Ive now gone completely mad -which would not surprise me -so please correct me)  I too believe Joepall and now Joannie (who visited Jumilia this week where they are down to one member of staff - sensible staff cutting -) nothing was definate and nothing at all has been substantiated by the Administrators or Lawyers or SARC???  They have been attempting to get re-finance since May. Are they still at point A.??

Sal

I think many lawyers know more than they are able to say out right if you know what I mean but one of my Spanish lawyers has said in no uncertain terms that it is unlikely that they can proceed and it is unlikely they will finish anything. 
The Admin must show hope in a public manner until the last hour but privately they will hint to lawyers etc. 

I have noticed that there is no one who has chosen Irwin Mitchell  lawyers posting on this forum . Apparently they have the largest on going group litigation in the UK  .They are British based but an International law firm .I believe their clients are receiving the most reliable information.I considered them but could not comfortably afford their fees ,ie I did  want to spend that much just in case .I could kick myself now as their clients seem to be getting the best results and info it may well have been worth the money.
As for the info that SJ/HdT  (I refuse to separate the two ) , are selling most if not all the land at SADM that is the land they actually own which is by no means all or even most of it  this was reported in a reputable Spanish newspaper . I have it some where I will try to get it to you in a PM .You are not going mad  !
The same article stated that all though they have full permission to build at El Pinet there are still portions of land there that they do not own yet .I was aware of this situation a few years ago but thought it had been resolved apparently not !
There is also the point about the money they must pay for the license at SADM which is huge this is not even for the whole build just the first phase.

One of the problems I have is in the translation  of  news articles my Spanish is not great but I can get by and a lot of the translations we can get on the web and that are posted here can lose elements in translation eg there was one translation which altered the meaning to the complete opposite on a really crucial point .I think we must be wary of that in web translations and I usually have a Spanish person at work  check the translation.
There is also the various reports from the share holders meeting which were appalling by any standards that is the ones when SARC did not reply for weeks and totally ignored the reports on their return .These reports are a true and factual account I have spoken to two shareholders who were present .

The down fall of SJ has been greed and bad management and in the latter years fraud .I was on a Spanish buyers web site last week where they were being accused of tucking money away for the last two years to offshore and Swiss bank accounts .
I don't know anymore what to think but I do know the bad reports out weigh the good and I know which state of affairs I believe.
SJ are finished and are far from honest ,Who would invest or refinance them  , who would buy over any of their assets/liabilities .
Perhaps some company will then things get even  more complicated  for us. What will they offer ,will they even have to acknowledge previous deposits paid to SJ who knows.
Sorry if this is too gloomy I am really just thinking out loud and hoping for other ideas being put forward without SARC spoiling every one's train of thought  and sanity .

We live in hope and trust in God ,,,,,,,,  cause I ain't  trusting any other b#g#er from now on !!!!       JA

Ps it would seem there is a deliberate effort on this forum to allow any real or useful debate or fact to get lost in the ether , Why ?


This message was last edited by julie anne on 10/2/2008.

This message was last edited by julie anne on 10/2/2008.

Your a star JA, I'd rather have factual gloom and learn than irresponsible pep talks.  At least we have something from people like you to discuss with a Lawyer.  
One thing Im particularly pleased with with my Laywer so far is that he refuses to comment or make conjecture and waste my money. I emai questions in bullet point and  He said he would contact me if and when he could establish any truth behind the SARC claim of imminent re-finance.  To-date zero verification.  Tells me one thing only.,.. more rubbish.

Sal

Martin's whisking me off to Florence tomorrow.  Another reason for needing the money back!

Lovely surprise

Interesting and I hope you both have a really nice time. However, as JA so rightly pointed out earlier there is no money in the pot so how can it be given back to those who do not have BGs.
All the best
Tony

We shall see.. it was meant as a joke going on holiday.. god knows its been three years since ive had ONE full week off.  Im not salaried.. I earn what I sell simple as. Im sick of saving for Lawyers fees.   The luxury holiday money I had is somewhere in Mauritias I guess...

Sal

Sal have a great time you deserve it  JA

 Yeeees , to those of you that have had the good news today. 
We knew it was the best route to take.
Don't expect many will believe facts, and no doubt anyone who has received the good news will not want to show their hand?
To others, take brando's advice. Be carefull.

What's your news FIN ?

My news.
I am absolutely amazed that how many people visit this site and have knowledge, experiece as well as worries to share, but for many reasons, will not post on here.

Why don't you people be more open with your problems and solutions and share with like minded people. They are here but hiding away.
OK, you will take some stick from non-believers and those who do not like facts and truth, but just ignore those.

The above is based on the number of email received in the last couple of hours and despite there may be calls for evidence of the PMs or to copy and paste, rest assured, each and every one has already been deleted (well, except just the one, as I am in doubt how to respond).

Any doctors in the house, we need some uppers around here or else we are going to have some casualties on our hands!

Evening  folk, JA is right.  Things are moving on.  My Lawyer has been as proactive as I hope it is possible to be and represented me in Court today.  Despite watching and reading the Forum from back in May when this all hit the fan, and despite trying and paying dearly for believing them and gaining another contract on a transfer property, plus having a foot in the original contract camp of SADM, I persued the Court route from day one literally ,and it has been clearly and emotionally advocated on this Forum to protect ourselves  from simply listening to good common sense plus a good deal of history dealing with these unscrupolous Builders.  There was not a chance in hell I was going to listen to the garbage of SJ/Hdt only but intended to keep an open mind where possible.   We have all done that in the past and now have the consequence and pain . A Lawyer is who your paying.. Listen to him.  Mine has tried each and every avenue and got nowhere because these Administrators   CANT do anything because there is nothing.  Fortunately he has never given me false or encouragingly positive information just because he could earn more from me. I always wished to be proved wrong or not go with this direction but facts are facts.

Personally I am going to fight for my money back, these people are hoping most wont and just give up the deposits paid.. 

I want my money back and await the outcome



Sal

Apologies for the typing in previous post.. Ive tried Matalan 2 4 1 glasses.  Im having a proper eye test Friday as ive gone blind as a bat!

Sal

Sal typing, spelling .grammar  etc doesn't get a mention as long as the person posting  is talking sense and you always do .
Keep up the good  fight don't let the b****rds get you down. JA