Replies to post #132 on Francisco Industries, Inc. (FRAZ)

[$hellKing]

I did not know his family was so prominent. So one of the wealthiest families of Cuba has taken the helm of FRAZ. mmmmm

[MONEYMADE]

THANK YOU,,,THIS IS INCREDIBLE FIND!!!!!!! AS A CORPORATION I THINK YOU KNOW WHAT'S COMING NEXT....CLASS ACTION LAWSUIT AGAINST CUBAN GOVT ON BEHALF OF PROPERTIES STOLEN FROM FRANCISCO INDUSTRIES, INC.

THERE IS NO WAY HE WOULD BE GIVEN CHARGE OF FRAZ IF HE DID NOT HAVE THE SUPPORT OF THE COMPANY OWNERS.

Nicolas Gutierrez DD:

http://articles.latimes.com/2006/sep/10/nation/na-cubans10


Cuban American lawyer Nicolas Gutierrez, whose family was one of the wealthiest in Cuba before the revolution, estimates that at least $100 billion in property was taken from Cuban owners.

Although there is no formal registry of Cuban claims, Gutierrez estimates that at least 2 million people on the island or in exile may have the right, as original owners or their heirs, to claim seized assets or compensation if Cuba is democratized.

"Restitution is not only a pro-exile policy, it's a pro-Cuban policy. Most former property owners are still on the island," said Gutierrez, who was born in Miami to exile parents. "We want everyone to get what they lost."

Cuba has the advantage of learning from the mistakes and successes of new democracies in Eastern Europe, said Tania C. Mastrapa, a Miami consultant on foreign property claims who did her doctoral dissertation on ownership resolution in those post-Communist countries.