Jay Morrison And The Tulsa Real Estate Fund Lost Money In 2019-UPDATE: NOW SHUT DOWN

[Deuterion]

has no experience or nothing in investing, finance, accounting, or real estate. She's an aspiring actress and spoken word artist.

I could see $65k but $115k with no experience, that's just living it up.

 

[EndDomination]

It’s looking ugly right now. Pandemic isn’t helping poor real estate investments.

 

[TheBigBopper]

Just cause its legal doesn't mean its not a scam. Legally a loan company based on a an Indian reservation can get away with charging you 300% interest. That's a scam. but its legal.

How is it a scam if it’s legal and everything is disclosed in a prospectus? At some point, investors need to be accountable and do their diligence. Jay Morrison is a shytty investor and greedy, but none of this was hidden.

 

[TAYLONDO SAMSWORTHY]

On the next season of

 

[Blessings]

 

[Nigerianwonder]

How is it a scam if it’s legal and everything is disclosed in a prospectus? At some point, investors need to be accountable and do their diligence. Jay Morrison is a shytty investor and greedy, but none of this was hidden.

It's a scam cause he never intended to run a profitable fund. His goal from day 1 was to line his pockets as much as possible and exit and shut down the fund when convenient. His intentions wont be in the prospectus.. but its clear from his actions what his intent is. He is paying himself half a million a year while intentionally doing the bare minimum to keep the fund running.

 

[Abraxus]

The one thing I never liked about dude was how he marketed himself. Just completely unprofessional.

Bruh, the strong move quiet. If I have to tell you I’m balling , flossing, doing it big and you can’t tell that I’m big league then somethings wrong. Also, just because YOU rich doesn’t mean you can make ME rich! Who falls for that bulkshyt? It’s a juvenile mindset. High school bullshyt. Like the airheads who followed a guy because he drove a Benz or Bimmer . Ok you got money but if you really trying to get poor black people money on your status then show us. Don’t talk me to death about it! But oh...wait! You a convicted felon? Oh you did hard time? Mf I’m out like speedy Gonzales

 

[TheBigBopper]

It's a scam cause he never intended to run a profitable fund. His goal from day 1 was to line his pockets as much as possible and exit and shut down the fund when convenient. His intentions wont be in the prospectus.. but its clear from his actions what his intent is. He is paying himself half a million a year while intentionally doing the bare minimum to keep the fund running.

What would be the point of that? Low six figures (some of the 450 went towards admin expense and staff) is small potatoes compared to potential millions from his 50% profit share.

again, I’m not defending this fund. It was obviously shytty, but the reputational impact from shutting down a fund as greater long term financial costs than the management fee he earned. That money isn’t enough to retire on.

 

[GoAggieGo.]

Bruh, the strong move quiet. If I have to tell you I’m balling , flossing, doing it big and you can’t tell that I’m big league then somethings wrong. Also, just because YOU rich doesn’t mean you can make ME rich! Who falls for that bulkshyt? It’s a juvenile mindset. High school bullshyt. Like the airheads who followed a guy because he drove a Benz or Bimmer . Ok you got money but if you really trying to get poor black people money on your status then show us. Don’t talk me to death about it! But oh...wait! You a convicted felon? Oh you did hard time? Mf I’m out like speedy Gonzales

Sadly, it’s a lot of the black poor and lower middle class that fall for it. They fall for it due to their worshipping of money. It’s understandable, because when you have nothing or not much at all, you see someone who’s got it or appears to have it, and think that person has the formula. It saddened me to see the comments of those individuals saying they were going to use their stimulus checks to “hop on this” and it angered me to say the Jay Morrison ads targeting those less than fortunate individuals, because he knows money is coming in. It’s why he’s on all social media platforms now talmbout 50% Jay Morrison academy tutorial lessons. He’s a snake, and his wife is one too. Economic hardship is the leading driver in poor decisions in our community. It leads us to being scammed or taken advantage by these Jay Morrison characters, and it leads us to following behind these false prophets.

You don’t have to be an expertise in finance to trick a lot of us into these schemes. You just have to look the part, and appear to know what you’re talking about. Jay Morrison is a slick talker, and to those untrained, appear to know what he’s talking about. I’ll never forget going to one of those World Ventures conferences for one of my boys, as he was involved in it. Nothing but black folks attending them trying to get rich. They never did.

 

[thegreatestever]

Could've used that $500 to buy 30 call options for American Airlines today with a strike price of $30, and expiring in August, it would've cost $420, based on the aftermarket, I am pretty sure they would've been up at least 40% tomorrow.

 

[Astroslik]

Could've used that $500 to buy 30 call options for American Airlines today with a strike price of $30, and expiring in August, it would've cost $420, based on the aftermarket, I am pretty sure they would've been up at least 40% tomorrow.

How much would that get you in profit? (Estimate)

 

[thegreatestever]

How much would that get you in profit? (Estimate)

If my math is correct, it should be $168 in profit. It might not seem like a lot, but it can turn into thousands if the stock continues to rise with all these bailouts.

 

[Abraxus]

Cant trust any nikka that uses black buzzwords to name their investment group or company etc.
Tulsa fund, marcus garvey harriet tubman martin luther king samuel l jackson chicken n waffles.

It’s clear its a marketing scheme and they are playing you off your emotions.

Right! Mfs rattling off bullshyt to get you emotionally charged but ain’t nothing but smoke and mirrors! Pulling in your heart strings! But didn’t really show you shyt lol and people fall for it! Hook, line and sinker

 

[Abraxus]

Sadly, it’s a lot of the black poor and lower middle class that fall for it. They fall for it due to their worshipping of money. It’s understandable, because when you have nothing or not much at all, you see someone who’s got it or appears to have it, and think that person has the formula. It saddened me to see the comments of those individuals saying they were going to use their stimulus checks to “hop on this” and it angered me to say the Jay Morrison ads targeting those less than fortunate individuals, because he knows money is coming in. It’s why he’s on all social media platforms now talmbout 50% Jay Morrison academy tutorial lessons. He’s a snake, and his wife is one too. Economic hardship is the leading driver in poor decisions in our community. It leads us to being scammed or taken advantage by these Jay Morrison characters, and it leads us to following behind these false prophets.

You don’t have to be an expertise in finance to trick a lot of us into these schemes. You just have to look the part, and appear to know what you’re talking about. Jay Morrison is a slick talker, and to those untrained, appear to know what he’s talking about. I’ll never forget going to one of those World Ventures conferences for one of my boys, as he was involved in it. Nothing but black folks attending them trying to get rich. They never did.

Yep. That’s the shyt that also angers me. Man a lot of people don’t have $500 to give this clown. A fukking used car salesman with no skills. Somebody gonna fukk Jay up one day. Maybe take out him and that bytch he married. fukking scam. Like that 5Linx bullshyt

 

[Stuntone]

Fund owners arent obligated to payout, that would REIT

Real Estate investment Trust.


This shyt is a gofundme disguised as a REIT