The proposal is out and it is ridiculous. See: http://www.bankruptcybc.ca/creditor/index.htm I had a lawyer look at this and here is my summary of the lawyer's...
Can we get some other opinions voiced? If we reject the proposal is anyone else going to pursue the lawyers? ________________________________ From: sigh1122...
Here is the info I have. Anyone interested in joining our group is welcome to fill out the questionnaire we have prepared. The most important thing at the...
Can someone PLEASE answer me WHY Gem gets a single dime? Gem are you on this list? You helped put the lot of us through hell because you were dupped yourself...
I agree with Greg on most of these points except for #4. The fund is the only one the DOJ knows of. They do not have any of your names and you cant' prove that...
Good question. If you say no we start from square 1. I don't think the attorneys care they want to get paid. Perhaps they will write Gem out and continue...
Given the proposal needs 75% approval it is doubtful it will go forward anyway therefore leaving bankruptcy as the other option. If you read between the lines...
Gem has already handed over proof of investment to Sands and Associates Trustee's and to the BCSC so there is documentation proving you are a creditor of...
Amen Sent via BlackBerry from T-Mobile ... From: "George Nicol" <glnicol@...> Date: Thu, 27 Aug 2009 12:10:54 To: <fxvictims@yahoogroups.com> Subject: RE:...
What do you mean by bankruptcy executioner??  This is utter madness. I dont think you know what bankruptcy is. Its a way for people with too big a debt...
And you know what the stupidest thing is??? The BCSC allowed him to use money they knew that wasnt his. To give to his lawyers, so they could use a million...
Of course the BCSC allowed the lawyer access to the momey. Gem Ali's lawyer used to be head legal council for BCSC. Seems like he rolled right over the...
With out a doubt Gem Ali knew what was going on. he had proof ahead of the rest of us He just wanted to make sure he got the most out of us before the thing...
100 agreed sounds like Canadas as fooked up as the U.S. Sent via BlackBerry from T-Mobile ... From: "rippedofffx" <rippedofffx@...> Date: Fri, 28 Aug 2009...
Cant attend the meeting. Hope you get some real answers tomorrow and push for what's best for us. Don't forget that they need a majority in number not just...
The meeting was held today (Sept 1, 2009). The proposal was rejected. Gem is now bankrupt. 5 "inspectors" were elected to represent the creditors (i.e....
GREAT! Thanks for the info. I also find it ODD that I just got my voting proxies in the mail today? Do you think the law firm did this on purpose so they...
There were no winners today, but I take satisfaction in knowing he is bankrupt. After barely communication with his investors for 1.5yrs and unilaterally...
Yea their were winners we are, gem the plague, is finally out. Sent via BlackBerry from T-Mobile ... From: "George Nicol" <glnicol@...> Date: Tue, 1 Sep...
I hope it was decided Gems lawyers will not be involved now. I think they have earned enough already. All that money could have been used in the action. ...
Thank you for this information, it is really appreciated by those of us who are unable to personally attend meetings. We truly appreciate your efforts! love ...
I truely believe that once the inspectors get in there and start questioning things the can of worms will be opened. The trustee was just a little too cozy...
You bet, the guy is a snake. He and his attorney buddy knew exactly what was going on, I spoke to the attorney at length on several occasions. They were...
Yes, Gem was there at the head table with his the lawyer that he spent $1 million of our money on. He looked like he was going to cry when the vote results...
HE was about to cry? Boo hoo, that's like the violent rapist that cries at his trial, what about the victim. Sent via BlackBerry from T-Mobile ... From:...
I didn't "invest" through Gem, I GAVE it straight to Bradley & his partner. But how could Gem spent $ 1million of your guys money for his lawyer? Wasn't he...
Why didnt his lawyers just do the proposal with that offer in the first place? Max of $100,000 would have been far more reasonable. That's a big change. ...
Why do I get the feeling that Gem's lawyer fees were purposely inflated specifically for the Horizon case, both making an agreement that Gem would collect the...
