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Martin Thank you for clarifying these points .I made these very points after the information which was sent to your clients was posted .I was ridiculed for pointing this out .However because you had given permission for a previous posting of you info it became apparent to me that some did not have the intelligence to understand what should and should not be posted here .
You clearly show that SARC/Tonymal play with information and massage the facts.
Tony perhaps this now confirms to you and others that you should be very careful with what you post especially when it is clearly a mis representation the of the facts. JA
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Tony
The posting by Martin is fairly damning of your 'loose' interpretation of statements and facts, dont you think?
I remember you once threatening me with a solicitor because you felt i had called you a liar, remember that one? I had a mail from your colleague on a PM to say...you better apologise because he means it and hes a git.
Maybe your wolf cries are now a little exposed, from now on, its confirmation that i dont believe a word you say, and i urge anyone else reading your postings to stick to my advice from months ago.........be careful...very careful
Sal................if your reading this i hope you stayed with SJ for the administration and not changed companies.......it seems that SJ may be a safer bet now........at least for the time being!
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Best wishes, Brian
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Lets not forget the arrogant / naive part both Barry 210357 and Linda Needham played in this Barry posted confidential info from lawyer to client and Linda then urged him to post more despite very subtle warnings from me that it was not wise .This just goes to show the lack of elective intelligence some show on here .I know for a fact Linda has shared all correspondence with her lawyer (Martin), with Tony/ SARC sometimes before other clients have even had time to read it. I have always said be careful .There are a lot of silly people on this forum who really don't get it. JA
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Thanks Briando, I did indeed stay with SJ. Thanks to the sensible advice of people like you and JA over the last few months, Ive covered my legal side as well as is possible in the given circumstances. I only hope many more took both of your advice and paid attention to warnings and the straightforward logic you gave. I, fortunately, stopped taking the ever increasing garbage and spin from various quarters some time ago.
Tony/Brianmags and sorry to say Linda, I hope you realise how careful you should be in future when you post such twisted/ poor information to desperate people. I hope your heads are hung and that you have the curtesy of apologising to your followers.
I Want My Money Back so bad it HURTS! Please dont go to too much trouble with your Report, it will in all likliehood be torn apart for what it probably is. Desperate Spin.
Oh and Almu darling, have a lovely healthy pregnancy - I just hope you can afford private education in the future when we have all finished suing your Company. Try and ensure it's an English education where we teach manners and honesty. Give me my money back and I'll put you in touch with a great School in Worcestershire where standards are taught! No hard feelings chick.
Sal
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Sal
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Oh Sal
I shouldnt lose too much sleep over Almu and directors, as we said ages ago they will have an escape route planned if needed, which will leave them fairly well off.
But.......thinking about SARC
There may be a case for mis-representation by SARC, for their membership (thats what they call it, membership, and its growing by the day, they tell me). If it was just a forum with some giddy ideas about what to do it may be excusable.
The fact is this organisation have recommended direction, legal advice, published documents, made representative visits and discussed outcomes with directors and administrators. Also made predictions about licences, financing, contracts, given prospective completion dates for sites under construction, put forward solutions in place to water and irrigation problems.....and more!!!!
I mean....when you think about all that information and all the weight of opinion they have used to persuade followers to carry on with their purchase or investment it beggars belief.
If i was in their membership the next month would determine how i view their advice, and i would be asking my solicitor for advice about any culpability concerning their advice.
I would be tempted to do this in my home town solicitors office, its an english website and run by english people who, after all, have threatened their own home solicitors on me, when discussing a problem on here.......the precedent seems to be set.....
Brian
_______________________
Best wishes, Brian
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Your quite right B, and I do sleep these days with some morals in tact (broke but honest hmmm). Our conciences are clear and we did what we did in good faith. (Wine also helps until around 3am despite medical opinion).
I would like to send a thank you to Martin for being honest with the actual truth of the matter and clearing matters up for many. For a Lawyer to post, its quite obvious how angry he must be at the misrepresentation to have felt it necessary to post such a statement..
Almu may not respond to any begging letters but Im hoping Mr Obama will like his home baked apple pie and fluffy replica Cocker Spaniel ive sent first class today asking him to sort out Spain as well. Worth a try....?
Sal
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Sal
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Both are spanish limited companies with San Jose being the parent company and Herrado de Tollo being a subsidary. Herrado is the development company dealing with Santa Ana means if one part of company is in trouble the other is not responsible for the debts.
Regards
Arlene
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however as money has switched between all without any governance there is potential claim against any of the businesses which potentially stay afloat on the basis that that has only happened due to cross subsidisation.
I know that the shareholders are looking at this and I am keeping my eye on the outcome
As an aside, Tony you should be ashamed of yourself. You constantly try to manipulate your version of FACTS to mislead people and everyone is sick of it.
Lets hope that Almun has paid you well for your complete loss of respect and integrity
Anna
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Hi Gambles
The way i understand it is there is a holding company called something like San Jose Grupo, or similar (check that because there are different companies with similar names).......being the main company.
Underneath this there are individual companies like san jose inversionnes and Herado del Tollo.
The reason for it is to limit exposure as companies grow,,,in other words mistakes made on one transaction affect that company and not the whole company, its a sensible thing to do and it happens in business all over the world.
My take on it is that the company Herrado del Tollo or whatever the exact name is, has been unfortunate in its ventures, perhaps santa anna was biting off more than it could chew for example. The company San Jose inversionnes may have had better management, and is maybe not in the same kind of mess.
The little SL at the end of the names you may find mean the same as Ltd in UK...ie limited liability, which means one dosnt affect the other or the main company.
Do some research yourself Gambles but as your name suggests, its not the time to gamble......get into it and see what you are up against if you have investments.
I dont have any evidence of any cross subsidy between the companies so its early to get you worried about that kind of stuff if its not needed.
Hope that helps
Brian
_______________________
Best wishes, Brian
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Hi Martin,
You did menton about the refinancing in your client email, as did Linda in her report. Confirming that we are being told about refinancing does not in itself mean that it is confirming that it will happen, only that we have been informed that it is being negotiated. My solicitor had been informed by the administrators, as I am sure that you must of been. Do I take this as meaning that you doubt the honesty of the administrators, who are officers of the Court?
It would be helpfull if you can clear up where you think the money will come from to pay your clients their money back, as you have previosly stated that the money is not there.
I am sorry that I did not repsond earlier but I have been busy
All the best to you
I WANT MY HOUSE
Tony R17 18
.
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Let me get this straight Tony
You are now asking the solicitor, representing the interests of many clients on this forum, to give you his opinion of what he thinks might be the case concerning re-financing.
Have you gone stark raving bonkers? What are you thinking about man, a solicitor deals in facts and law, not your world of what may or may not happen.
Thats what we pay them for....facts, any opinions of outcomes are normaly based on prior cases and interpretations of prior outcomes.
What are you on?
_______________________
Best wishes, Brian
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Brian, I think you are being a little hard on Tony.
You can see be his reports and postings that despit claiming to be an expert on preparing reports, he seems to have difficulty putting together a sentence, so how do you expect him to understand a legal document?
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Dear Tony
Thank you for your email
What I was told is that they are searching for this option (refinancing). The longer it takes, the clearer it is for me that no refinance is available, as it is not hard to understand that in today's economy investors are not out there looking for a "bankrupt site" to continue trade.
You ask me where is the money and I wish I knew. What is a fact is that there are many assets (mainly land) worth much more than the debts. The problem is if there is someone out there prepared to buy. That is where the money is.
With regards to the honesty of the administrators, this is not something I have to answer here. What I definitely do no doubt at all is the honesty of those that paid their life savings towards the purchase of a property that today doesn't even have all licenses granted.
Kind regards
Martin
_______________________ Martin de La Herran Sabick
Abogado / Lawyer (reg. 851 Jerez)
www.abolex.es
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I can honestly say I have never in my life come across a more stupid , arrogant , ignorant person than Tonymal.
Either he can not read and right plain English or he is deluded .Do we need the men in white coats again .Tony you have clearly offended Martin and have mis represented the information that was in the letter to his clients that was posted on this forum . No correction ,no apology just sheer arrogance then the audacity to ask for his advice .If you were a more intelligent man you would understand exactly what he was trying to say and you would have realised like the rest of us what is going to happen and that as usual you have been fed yet another cock and bull story from HdT et al .Does your brain not function on it's own can you not figure out for you self what is going on does it really have to be spelled out to you like it would a 5 year old child .You are not a clever person Tony ,your sheer stupidity is just getting on peoples nerves now.So why don,t you stick your report where the sun don't shine if there was any truth or answers in it you would not ge asking others what is going on .You and SARC have lost all credibility not that you ever had much to begin with .
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Marin, whilst I appreciate and respect you legal knowledge, when you state "there are many assets (mainly land) worth much more than the debts.", I would respectfully question you financial, property development and business knowledge, unless you have up to date evidence of valuations of the land and how such valuation are arrived at.
A major developer's land bank (with development consent) was re-valued at just 40% of the valuation just 12 months ago, yet when some of the land was offered to the market, the highest tender was just 15% of the valuation just 12 months ago.
Everyone is aware that long term land is an asset, however, when there are no purchasers for dwellings, there is no demand for land, therefore, land is currently of little value.
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Hi all.
Well if i was in a sinking ship [literally] i dont think i would want many people posting on this site in it with me, because when sinking you are supposed to bale OUT not IN, like working together, you know what i mean.
Julie anne, you seem to like slagging Tonymal off: i.e. Either he can not read and right plain English. Well right in that context is spelt "write" and can not is one word. "cannot". When slagging someone off, take a few seconds to check your posting before pressing the button.
I am glad i am a good swimmer. Bob.
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Now Retired and have our money back in FULL via our bank guarantee. Bob and Pauline.
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Hi everyone
What many people seem to be forgetting is that we are talking about an inland development. Judging by the amount of building in Jumilla (not a million miles away from the site at SADM), there is still a demand for housing here. We have been looking, for example, at new apartments in Jumilla at a price of 130,000, euros whereas the townhouse we hoped to buy at SADM was priced at 129,000 euros, which in comparison is a bargain (though sadly nowhere near being built!)
Check out the adverts in Costa Blanca News, this week's edition, on page 85 and you will see that prices are still very healthy inland.
Sue & John - living in Jumilla.
PS I haven't used spell check, but hopefully there are no errors!
_______________________
Sue Walker
Author of "Retiring the Ole Way", now available on Amazon
See my blog about our life in Spain: www.spainuncovered.com
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For information:
"cannot arose c. 1400 as an auxiliary verb; it's an orthographic (i.e. written) variation of can not. Either or is acceptable. Neither nor incorrect. You can separate them or join them. People usually join them."
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Hawkings I don't intend sinking or swimming as for bailing out I gave up trying to bail out certain fools on here long ago .I can now see the shore .Shame no one listened!
As for your spelling comment I left my specs in work and am having a bit of trouble this evening. I will have my specs back on Monday and normal service will be resumed however Tony will always be just plain stupid.
This message was last edited by julie anne on 11/7/2008.
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