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Re: Mikefl post# 197

Friday, 03/07/2008 2:47:13 PM

Friday, March 07, 2008 2:47:13 PM

Post# of 246
I believe item 2, 4, 5 and 6 are incorrect.
Yes..we do sign over our certs...but we remain benificial owners even though the certs are held (owned) by the foundation.
I believe we have a legal right to our certs but not to any profits gained during membership in the foundation unless we remain members in good standing.
If a member violates foundation rules or abuses other members in any way....they should be asked to leave or correct their behavior. If they must be or want to be removed they should have the assets they deposited or cash value returned however, all profits gained during membership should be stripped.
This is where Midas is causing a problem. He doesn't want his certs back....he wants cash from the sale of PDRs sent to him.
This is simply not an option....
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