Replies to post #71144 on Lans Holdings Inc (fka LAHO)

[SoGozHer]

It took me 2 months, but I did get the money. Still blows me away that they did this. I have lost my fair share of bad investments, but not a one has EVER made good on it...

[maryj55555]

I haven’t even tried - tired of getting scammed. But apparently this actually works? Little more confirmation I’ll give it a shot

[todd-m]

Since you started the DocuSign process before the buyback program closed on Sunday, March 31, 2024, you should be perfectly fine.

It does take a long time to go through all the steps in the buyback process. The current turnaround time is way slower than what the first group of people experienced. It took the buyback program around 6 months to move me forward from Step 1 of DocuSign to Step 2 of DocuSign.

My three answers as to why it takes so long:
1. each step in the buyback has a different team. Each team/vendor seems to have its own process and timeline.

2. the buyback requires verification of legal and compliance issues.

3. there was a backlog when I went through the process. The first group didn’t have a backlog in front of them. There might still be a backlog in front of you.

In the meantime, while you wait to hear from the LAHO buyback program, you may want to consider identifying which bank in your area you will use to obtain the Medallion Signature Guarantee stamp. Some banks don’t have the medallion stamp service while others have restrictions on who can use the medallion stamp service. For some of the larger US banks, there may only be one person at a specific location who stamps all types of documents for multiple locations. There were many posts from people who ran into problems getting the Medallion Signature Guarantee stamp.

Any idea why it’s taking so long? I submitted mine a few months ago. I emailed [e-mail] and asked if they needed anything else from me. Docusign confirmed that it was delivered and now it’s just waiting for Peter Lundberg.