Notes From Acca Visit:
Acca talks in PalTalk
• This is my notes from Acca's talk this evening. The audio occasionally broke up but I think I got most of it. Also, this is pretty much in the order I heard it.
• Acca came in around 8:35 to 8:45 pm, 9/27/13
• A new company coming NLT 10/29/13. Payment by that time.
• The money will be less than expected but still a good number
• Way, way way way north of 17 cents. More than $5 / share.
• Wells Fargo & other financial entities are involved.
• One payment
• One packet delivered by certified mail
• All shares treated the same (deli's, etc.)
• Payment will be non-taxable (federal, state)
• Acca wants Desparado to be the one to announce it's done.
• Penalties, interest, etc. $7.40 / share
• Fines & Penalties are separate from asset backed trust
• One payment consists of Valuations, fines, interest & penalties -- settlement (no federal or state taxes)
• One company but with different entities involved within that company
• He has seen notarized documentation before he was persuaded to come in and do this tonight
• This is the last time he will do this until we are paid.
? If 10/29 comes around and we aren't paid, then we won't hear from him again.
? He really believes and wants us to believe.
• There is no event that has to happen to cause the payment to be made.
• It is an entity.
• All the paperwork is in line with this happening within one month.
• Citigroup - we'll be surprised.
• Huffington Post will do an article on Urban in October
• 10/5/13 -- first date he saw prior to documentation he saw.
• Return address on our packets will be Las Vegas, NV
• Bernacki is the good guy.
• CIM is not coming into play. Confusing report about this. One of the settlements is to not have CIM involved.
• Renounceable rights -- possible
• There will be a prospectus in the packet.
• He wouldn't comment on FFGO
