Question for Tony ?

Tony just incase you do not see this on the other thread  .It would be really good if you could answer this .I know you don't usually answer questions but I feel you / SARC may lose even more credibility if you dont reply to this one .

Any one in any doubt about how unscrupulous SJ are read the latest news at  www.pinetmr9.blogspot.com

What a mess the good people of El Pinet are having to sort out for themselves .SJ have not kept their side of the bargain and have left residents high and dry . Residents have put up with a building site for nearly 5 years is this just reward for their patience and support of SJ .This whole company is absolutely disgraceful and can never be trusted again .Be very careful Tony ! I thought you asked Almu questions about El Pinet Tony ,did she tell you everything was fine ?????????

As usual Tony you are unable or unwilling to answer the question . Can we take it that Almu lied to you about the situation at ElPinet ? or like the SARC report most we wait three to four weeks for any reply ?

Dear MM

Couldn't agree more with you, we were down at el pinet in april, just one giant building site, nothing completed, roads full of weeds, pavements overgrown, I feel sorry for the people living there because if sj pull out how the hell are they going to finish it, i wonder what sj have been doing for the last year, they can't finish a single development, what do they do all day!

Just looking at el pinet, even if they did start sadm it will only end up like el pinet and i for one do not want any part of that. Going back out to quesada in june will pop down to look at el pinet to see if there has been any progress.

Mark

Posted on the El Pinet forum by Vagabond

Just when you thought it couldn't get any worse it appears that on the 20th May Iberdrola once again cut off the supply of electricity to the apartments due to non payment of the bill by San Jose.

Unfortunately this time we have no water as they have also cut off the supply to the underground garages which feed the pumps.

Not only is this a disgrace it surely effects the Health and Safety of those living there.

I understand the Committee are endeavouring to speak to the Administrators and are considering what further action can be taken.

What did Almu say about El Pinet at the meeting Tony  ?  are you unable to tell us as it is very obvious now that it was more lies .

I am sorry Tony but you have now lost all  credibility  . If you try to defend SJ anymore  Tony  you will prove to all how stupid and gullible you are now and have been all along !

Sorry Tony but the  lack of any answer at all just proves what many of us already knew .You were prepared to believe lie after lie from Almu and even worse than that  you were bolshy and arrogant enough to demand  others were  in the wrong .You  tried  to make everyone  believe lie after lie from this corrupt company without questioning their  real motives .

You were spun another load of rubbish from Almu at the last meeting just like all the meetings before  .It is obvious from the lack of  any reply  at all that you have now realised you have been slung a load crap and have as usual  fell for it hook line and sinker .Despite every one telling you time after time that you were wrong you paid no attention to the facts   ,You thought you  knew better Tony  , It is now  very apparent  that you did  not !!!!!!!!!!I

I think it is about time you apologised for your sheer arrogance throughout all of this  fiasco , as you were indeed  very  wrong  with your fool hardy trust of this bunch of crooks !!!!!!!!!!   MM

Just an acceptance of "I was wrong" is enough. Some realise that some have been fools and idiots, but a statement to say don't do as I have done would be sufficient I believe, although it may be too late for some of the "followers".

The investors ????????
Had an interesting conversation with funders and property investors in Spain only last week and the topic created quite amusement and laughter.

Hi All,

                This is actually a very silly question as we have said all along that those with BGs will get full refunds as their fight to action them is with the Bank as it is the bank that issues BG's not HDT or SJ. this is not the case for the rest of us who are ordinary creditors  so we would have to await what the judge says and they get repaid over a defined time period.

Briamags R4 556

Hope all get what they want and I want my house

"this is not the case for the rest of us who are ordinary creditors  so we would have to await what the judge says and they get repaid over a defined time period."
Astounding revelation that.
Perhaps you should have taken action to protect your interests when advised to then, instead of following the SARC saga.

 Brian

Who says that the owners are ordinary creditors. it is the judge that will decide this. The administrators and san jose have no say in this whatsoever other than to put their own views forward. Actually the case law is strong to say that is exactly what buyers should be. the report has not been endorsed by the court and infact every group lawyer is contesting the ordinary status so we shall see what the decision is

Joannie, that is a bit strong. How do you expect Tiger to understand what you say when from what he tells us, his lawyer doesn't even understand?

Of course, we can only comment on what we are told by Tiger, which we all know is only ever factual  

 I Heard that Tony has negotiated a special deal with herrada del tollo for those purchasers continuing with the build. Each will be given a SARC cap and mug along with their new contract.  Tony worked hard on the deal and even had to fly over to meet Almu for some high level hard sell. SARC members are able to vote by emailed polls whether they want their merchandise in blue or pink,

The contract is still being drafted but I believe the words " the golf course is being built to be available with the first phase of housing has been amended to "to be available with jose Rodriguez murcia's release from prison"

Nice going Tiger!

Tiger, would you believe it? Some idiot seems to think that assuming therer was a miracle and SADM was developed, that a reasonable discount for the people who have already put down a deposit, would be 5%,  6%,  7%,  8%,  9%,  10%,  11%,  12%,  13%,  14%,  15%

I know that as a sensible person, you will not believe that someone could be, well let's be polite, and idiot and a fool.
Don't they realise that property prices have dropped in Spain by 40%, and that is on completed properties.

Just 10% discount they consider reasonable. 10%, Tiger, can you believe that. They would lose say 40%, plus the loss of their interest on their deposits, or interest incurred if they borrowed, plus the legal costs over the last 12 months, plus their time, plus the stress, plus the travel and accommodation for visits trying to resolve, and some idiot thinks 10% would be a fair discount. Give them a 10% discount, then they could resell and lose a further 30%. Tiger, can you believe someone could be so stupid.

Be warned Tiger and others. There is an idiot at lage, who also claims that It would appear from the news reports that the financial crisis may be on the turn. The pound to Euro exchange spot rate on the money markets has begun to rise and on the 27^{th it} reached 1.15 Euros. This may not be as high as it was last year but the rate appears to be improving and may continue to climb upwards.
Even if correct, don't they realise that things don't happen overnight, even losing their money on their dream home didn't happen overnight, but they no believe they have the knowledge to comment on the world moneymarket, yet they couldn't sort their own deal out. Tiger, can you believ it?

Tiger, there is an idiot who claims that Financial institutions appear to be becoming more open to lending again, as can be seen in the UK by the reintroduction of 90% and 95% mortgages by lenders.
Tiger, don't they realise that FIs have been lending all along, but only to no risks who have security. Tiger, would you consider those involved in SADM to be no risk and plenty of security.
Tiger, as you have superior knowledge of the finance market, can you explain to me, why because you can get a 90%-95% mortgage for a house in UK, you can compare a multi million Euro development with it, because the idiot I mentione reckons, that as you can get a mortgaged in UK, all is now OK for SADM. Can you believe it Tiger.

Tiger, can you believe that there is an idiot that claims that for a Spanish Bank to continue negotiations to refinance SADM, they must view it as worthy of their time and effort.   Tiger, I know you will now gather they are an idiot and should be stopped spreading trash. They don't even realise that the banks are trying to safeguard anything they can as the market is so bad. The banks have a duty to do it. Tiger. You will know that.

Tiger, it gets worse. There is an idiot advising against taking legal advice, which means leaving your money at risk. Tiger, can you imagine anyone advising that?
What would their reason be?
What they said was It would therefore, be prudent to stay with one’s purchase and not to throw money in costly legal exercises. So that means throw your money at a development that will not happen and if it did, your investment would have dropped 40% and that is instead of taking proper legal advice to protect your interest.
Just as well they are not let loose to try and influence others.

Let us have your thoughts on it Tiger.

PS. Be sensible. Vote for 60% reduction on your house if the miracle happened.

 FIN.... stop making up comments. Everyone knows there could be no-one that stupid!

Yes, that is what my first reaction was, but when you see it in print and realise who the writer is, well, then it is understandable.

Just fear that 10, 11, or maybe even 12 will have read it ?

 why has it been forwarded outside of SARC? Must have been for so many to cast an eye over it!

Oh, was it something to do with SARC?
Can't be. Surely as they claim to be there to advise and protect purchasers, they should kick out any member who writes such misleading trash. Perhaps someone should report and complain to the Executive Committee, if there is one?
If there is such a committee, just wonder what the election process was?
 

Dear Fin

Where can i find this in depth document ? As i believe a Mr  G.  Brown might like to read this to cheer him up in these difficult times, and don't forget he also could be looking for a new chancellor in the near future.

Tony R17 18 and Briamags R4 556
As the self proclaimed experts on funding, development, project management, report writers, action groups and whatever else they can think of. It may be helpful to people if you could let us see what further expert advice you can offer on the comments and observations made below, which were sent to me.

I would suggest that Tony R17 18 and Briamags R4 556 take a very long look at the mess SJ's lack of integrity and unprofessionalism has caused at El Pinet .Are the SARC  fools stupid enough to think that the same would not  happen at SADM if it is ever built  ? (no chance of that ever happening " the white elephant is dead " ) No amount of compensation could make up for the what purchasers at El Pinet are going through and this is only the beginning of a very long road .Wake up Tony do you really want to sign up for years and years  of misery and blackmail  ? or are you going to have us believe that the way SJ have treated those at El Pinet is just a blip in  their otherwise wonderful customer care strategy ? get a life Tony you are a gullible fool . If you need any more proof of how disgraceful this bunch of cowboys are go to www.pinetmr9.blogspot.com or if you really think you are going to get any kind of good out come at SADM then  go to  www.dreamon you stupid B.com. Your  ignorance and blind trust of this company is truly astounding

 There is no ignorance and blind trust only greed and manipulation (and that is before I mention Herrada del tollo)