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Re: jcssms post# 111715

Friday, 05/22/2015 6:58:54 AM

Friday, May 22, 2015 6:58:54 AM

Post# of 146196
I'm skeptical of your story on multiple fronts.

When did your real estate devoloper friend drive by the Shelton site? Any regular reader of this board knows that there was a period of seeming inactivity at the physical site. Design, permit applications, bid letting, doesn't require a busy parking lot.

In CT each County is responsible for land and deed records. Fairfield County CT has their records online. No need to go "to the town" to look at the real estate transactions. Also a matter of public record is the assessed property value for purposes of taxation. Typically a property's assessed value is lower than its market value.

It's unlikely a Florida real estate developer has a strong grasp of CT property values. A person renting a luxury condo in FL for $3000 per month would probably find it hard to believe a tiny efficiency apartment in Manhattan is "worth" $3000 per month.

I don't dispute that you may have been taken in by a Ponzi scheme. However, based on Ponzi fundamentals I don't see how NNVC compares to a Ponzi scheme. And your Ponzi tale seems rather convenient.

But it is what it is. It sounds like you will never again own NNVC and your online apology is forever. Time will tell.

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