Please Read This

Vote NO on the reorganization plan.

It’s quite simple.

Vote NO if you are part of the 99% who got stabbed in the back by the Ngs.

Vote yes if you support continued behavior many believe is criminal.

Got it?

Spread the word.



One thought on “Please Read This

  1. This is from Dixon Collins:

    Dear Fellow Investor,

    I have received numerous telephone calls concerning the proposed
    Chapter 11 reorganization plan for R.E. Loans. Most callers want to
    know how I intend to vote on the plan.

    I have not received a ballot but when I do I intend to vote “No.” Here
    are some things that I have considered. You can make up your own

    First, page 4 of Exhibit B in your ballot packet of documents states
    that I received a distribution of $152,297.11 after the Exchange
    Agreement and that I would be subject to claw back if the plan fails.
    Exhibit B is totally false. I did not receive one single penny from
    R.E. Loans after the Exchange Agreement or at any other time. I have
    lost $497,991.46, my entire life savings. If the plan passes, unlike
    some other investors, I will not benefit from the compromise on claw

    Second, please read Robert Brower’s analysis of Exhibit B on the
    Equitatus blog. You can download it and read it at your leisure. I
    have read his post and I agree that Exhibit B is not accurate, not
    reliable, and very misleading.

    Equitatus Blog:

    Third, please read Robert Brower’s post on the Bar-K blog about the
    Wells Fargo lawsuit and how it would be “a go” if the plan is rejected
    and the case goes into Chapter 7.

    Robert Brower Comment:

    Fourth, although I am not a lawyer, in my judgment the proposed plan
    of reorganization does not provide the investors treatment consistent
    with their legal entitlement. I further believe that rejection of the
    proposed plan would most likely lead to a result more favorable to the
    investors as a whole.

    Finally, those of you who know me know that I have always been a
    champion of all the investors, not a select few.

    I am not a member of or a friend of anyone in the Ng family. When the
    Department of Corporations tried its case against Barney Ng, I
    testified for the Department and against Barney Ng.

    To be 100% clear, I intend to vote “No” on the proposed plan.

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