Jay Morrison & The Tulsa Real Estate Fund (Official Thread)

TL15

Veteran
Joined
Mar 4, 2015
Messages
16,473
Reputation
13,531
Daps
134,991
Nothing wrong with what he's doing... just read the fine print.

Dude and his team are already caked out because they (as the company) were entitled to 50.01% of everything already brought in, and it didn't have to be reinvested in the company. The remaining 49.99% is what they are reinvesting.

Crazy when you think about it, but for every $500 someone put in, the spending power is $249.5 :wow:
 
Last edited:

The Coochie Assassin

Banned
Supporter
Joined
Feb 15, 2013
Messages
14,544
Reputation
3,379
Daps
79,538
Reppin
RD4L
Nothing wrong with what he's doing... just read the fine print.

Dude and his team are already caked out because they (as the company) were entitled to 50.01% of everything already brought in, and it didn't have to be reinvested in the company. The remaining 49.99% is what they are reinvesting.

Crazy when you think about it, but for every $500 someone put it, the spending power is $249.5 :wow:
Breh just got married too, he promised his queen he was gonna give her the world :wow: by any means necessary
 

King of Creampies

Hop in. You coming too!
Joined
Feb 18, 2017
Messages
6,863
Reputation
3,794
Daps
34,107
Reppin
Wild Hunt
FAQ

I'm I trippin or is this saying that you are only able to take out 5% of your investment every year? :damn:

That "is limited to 5.0% of the INTERESTS of the company" is worded very carefully. I know that ambiguity :leostare:

So this is his "insurance" against hemorrhaging on his Ponzi scheme.:francis:

Amazing.:francis:
 

Booker T Garvey

Veteran
Supporter
Joined
Aug 17, 2014
Messages
29,736
Reputation
3,930
Daps
124,140
Reppin
TN
Brehs in their 30's do y'all remember these two dudes being everywhere on TV?

kevin-trudeau*1024xx654-368-2-0.jpg


hqdefault.jpg


^^^^ both went to PRISON!! the dude on the bottom killed himself in jail before the trial...

the hustle just moved from being 1-800 numbers to social media:camby:
 

Gorgonite

Anti-Ponzi Posse
Joined
Sep 12, 2014
Messages
193
Reputation
110
Daps
416
Reppin
UK
What the fukk? What kinda caping fakery is this shyt?

6 months in and the SEC report states:

$0 profits
$500k in costs, $250k for 'management' of funds for 6 months and $250k for escrow.

Deleting comments left and right.

Compliance violations left and right.

NLP sales tactics used on low-IQ, underprivileged people.

This is scum.

EDGAR Filing Documents for 0001477932-19-000071
 
Joined
May 7, 2012
Messages
27,734
Reputation
4,661
Daps
103,108
What the fukk? What kinda caping fakery is this shyt?

6 months in and the SEC report states:

$0 profits
$500k in costs, $250k for 'management' of funds for 6 months and $250k for escrow.

Deleting comments left and right.

Compliance violations left and right.

NLP sales tactics used on low-IQ, underprivileged people.

This is scum.

EDGAR Filing Documents for 0001477932-19-000071

That report is for the period ending 6/30/2018.

They really only started fundraising at the end of May/beginning of June 2018. Of course not much as done in 1 month in terms of obtaining properties and seeing returns.
 

Gorgonite

Anti-Ponzi Posse
Joined
Sep 12, 2014
Messages
193
Reputation
110
Daps
416
Reppin
UK
That report is for the period ending 6/30/2018.

They really only started fundraising at the end of May/beginning of June 2018. Of course not much as done in 1 month in terms of obtaining properties and seeing returns.

I can read bro.

Hence in JUNE Jay had already cleared $270k profits for himself for doing almost nothing, a little instagram marketing out of a hired office.

Do you know what boiler room scams are?

Jay just purchased himself an office with the funds money so he looks more professional to the next 'tier' of investors on his ponzi-pyramid. I don't think you're clocking the subtext here.

A lot of people can't use their intuition.
 

Gorgonite

Anti-Ponzi Posse
Joined
Sep 12, 2014
Messages
193
Reputation
110
Daps
416
Reppin
UK
That report is for the period ending 6/30/2018.

They really only started fundraising at the end of May/beginning of June 2018. Of course not much as done in 1 month in terms of obtaining properties and seeing returns.

You do realise I've given dude the benefit of the doubt by saying 6 months.

:rudy:

You only make the facts I've mentioned worse by adjusting for the actual date, you do realise that?
 
Top