Replies to post #516 on United Development Funding IV fka UDFI

[Phaedrus77]

It really is bizarre. They’re not restating past results (as far as I know), so it should be no different than any other audit. Maybe the FBI stole all the documents and won’t give them back.

The current collateral,value will have no impact on the past financial statements, so there’s no sense waiting for current values to go up.

I hope it works out too.