United Development Funding IV fka UDFI

[ofirm]

could you please post the link to those two items.
https://www.sec.gov/Archives/edgar/data/1440292/000114420414022790/v371046_10k.htm
page 18 has a chart of the udf organisation. looks like the operating entity is an lp with 99.99% of the
gp ownership belonging to the corporation. 0.01% belongs to UMTH Land development.
The big question is how long will the courts let this situation continue. it seems absurd as the officers
broke every possible duty and the board of trustees was either unaware or accompliced.
certainly at the point of no audited financials reports they should have asked for a general meeting
and they did not. what about the insurance company for the o & d? is it not exactly what those
policies are for?