#CarnellGang in here grasping for straws
#BlackExcellence
#BlackExcellence
Legacy Center? In a business park? Huh?
Breh just got married too, he promised his queen he was gonna give her the world by any means necessaryNothing 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
FAQ
I'm I trippin or is this saying that you are only able to take out 5% of your investment every year?
That "is limited to 5.0% of the INTERESTS of the company" is worded very carefully. I know that ambiguity
Let's be real, the black folks who put in $500 on this fund woulda blew that shyt during Black Friday anyways at least they helping this brotha buy properties and get wealthy
I thought the funds were more Investments than donations. I think the people that donated have a way of watching their investment through an app or something like that.
I highly doubt he would have raised that much money so fast on donations
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.
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.