To change the subject slightly, has anyone asked for refund? If yes, what was the response?
One possibly scenario is that TATF is a realestate play for Steve and trees are just an excuse to buy cheap farmland that is becoming more expensive by the day...
There is no excuse to be not able to sell the 13 yrs thinnings - if tree sale was a key objective, 16 yrs are more than enough to build proper sales channels.
Anyway, the real acid test is when trees are ready for the final harvest. Raleo or not, international market should be able to take that lumber. The question is whether or not TATF is really interested in giving out distributions. Why just keep 6%; why not keep 100?
Again, we hope that Steve is a nice guy and he is just running into business problems. Time is already running out to see if he can sell and distribute money to tree owners on 13 yr thinnings as that's supposed to be sold on international market. If TATF does not come through on 13 yrs thinnings, don't hold your breath for the final harvest.
Finally, it would be interesting to discuss the possibility of us selling our own lumber from 13 and in future 20 yr harvests?
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