Tulsa Real Estate Fund manager gives tour of recent apartment complex acquisition

[theworldismine13]

I didn't misread a damn thing, they said they were investigating TREF based off of "Forward looking statements"....but i guess somebody tipped them off to that.

yes and 99.9% chance that they got a tip about some statements and they investigated

im not understanding why that is hard to believe, whats harder to believe is that government bureaucrats have the ability to actively monitor thousands of companies

 

[theworldismine13]

Fam I pointed that out to say that anybody can get into real estate, but they don't have to get into it and be investigated due to fraudulent activities

but i'm glad I provided you with a good laugh.

I also proved that your last part is a lie, yet you're still running with it...how about you show me in print where the SEC operates on "tips" and not their own investigations

breh you have comprehension problem, the SEC gets tips and then they investigate, its not either or, its sequential

its just known that the SEC operates on tips

 

[Booker T Garvey]

yes and 99.9% chance that they got a tip about some statements and they investigated

prove this.

breh you have comprehension problem, the SEC gets tips and then they investigation, its not either or, its sequential

SEC.gov | How Investigations Work

"The Division obtains evidence of possible violations of the securities laws from many sources, including market surveillance activities,
investor tips and complaints
other Divisions and Offices of the SEC, the self-regulatory organizations and other securities industry sources, and media reports."

meaning that if anybody complained, it was somebody that invested with them like the dude who left the comment under TREF's facebook video. But I simply don't believe that happened - which i'm allowed to do - have an independent opinion and thought.

but they also say "media reports"...pretty sure they watched jay morrison talk his shyt somewhere and they launched an investigation...this is why you cowards won't touch the "Forward looking statements" complaint.

how's that for comprehension.

 

[analog]

they tug at heart strings with the "stopping gentrification" and "black wall street", it's to make you emotional ... this is about empowering our people, etc. etc. now they got you..

Tried, and true method appealing to folks emotion to make a sale

Props to the breh @Booker T Garvey for the skepticism. I'd rather folks be wary like him (even if for the wrong reasons) than wholeheartedly believe whatever some salesman is pitching.

@ab.aspectus for actually doing the leg work and exposing why exactly this is a poor investment.

 

[theworldismine13]

prove this.



SEC.gov | How Investigations Work

"The Division obtains evidence of possible violations of the securities laws from many sources, including market surveillance activities,
investor tips and complaints
other Divisions and Offices of the SEC, the self-regulatory organizations and other securities industry sources, and media reports."

meaning that if anybody complained, it was somebody that invested with them like the dude who left the comment under TREF's facebook video. But I simply don't believe that happened - which i'm allowed to do - have an independent opinion and thought.

but they also say "media reports"...pretty sure they watched jay morrison talk his shyt somewhere and they launched an investigation...this is why you cowards won't touch the "Forward looking statements" complaint.

how's that for comprehension.

if the investigation started from a tip by the dude that left the comment then that would prove my point and that is the scenario ive been trying to explain, so im not sure why you bring it up

i did touch the forward looking statements complaint

i cant prove it was based on a tip, it certainly is possible that they there was a bureaucrat at his desk in the SEC in NYC or DC looking at Instagram posts and youtube videos and saying "ahaa we got one!", i just find that hard to believe. on top of that TREF is small potatoes relatively speaking

I think its much more likely that somebody was looking at Jays IG and youtube vids and reported him and the SEC began an investigation out of due diligence

but nothing you have said changes the absurdity of you saying you dabbled in real estate and never got investigated by the SEC , well good for you dude!!!

 

[theworldismine13]

Tried, and true method appealing to folks emotion to make a sale

Props to the breh @Booker T Garvey for the skepticism. I'd rather folks be wary like him (even if for the wrong reasons) than wholeheartedly believe whatever some salesman is pitching.

@ab.aspectus for actually doing the leg work and exposing why exactly this is a poor investment.

correct me if am wrong @ab.aspectus but from what i gathered you concluded that it was a mehhh investment with high management fees and it wasnt a scam

 

[EBK String]

Thanks. I’m familiar with real estate investments funds. In fact, one of my mentors owns a very substantial real estate investment company and its black owned.

Capri Investment Group

I wasn’t sure what Jay Morrison actually did (if he owned a real estate company or an investment company) so I wasn’t sure if he had a legit real estate investment fund. Does he provide monthly or quarterly statements to investors that provide detail about their positions in the fund which is standard for all investment companies?

Quintin Primo is your mentor? I wrote that Boule ass nikka a letter when I got out of undergrad and was looking for work he never replied. Guess I didn't have the right pedigree

 

[Nicole0416_718_929_646212]

The SEC initiates investigations of companies because of whistleblowers. Someone had to report about the possibility of wrongdoing for the SEC to take action. The SEC does NOT investigate any old company at random. That doesn’t happen.

This is not true. The SEC routinely monitors risk management and compliance. Not all cases are generated by tips or complaints. That’s like saying the IRS only conducts audits with flagged companies or the FDA only investigates tainted agricultural products. You are making the role of the SEC way too simplistic and ignoring a whole function of SEC operations. They have a whole legal division that takes on these duties. The SEC ensures market regulation and oversight of financial securities. We use the EDGAR database all the time at work. They work with the Dept of Justice. The SEC is more complex than relying on consumer tips or complaints, the SEC is not the Better Business Bureau or Department of Consumer Affairs.

The SEC consists of five divisions and 23 offices. Their goals are to interpret and take enforcement actions on securities laws, issue new rules, provide oversight of securities institutions, and coordinate regulation among different levels of government.

“The SEC also serves as the first level of appeal for actions sought by the securities industry's self-regulatory organizations, such as FINRA or the New York Stock Exchange.


Among all the SEC's offices, the Office of the Whistleblower stands out as one of the most potent means of securities law enforcement. Created as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the SEC's whistleblower program rewards eligible individuals for sharing original information that leads to successful law enforcement actions with monetary sanctions in excess of $1 million.”

 

[theworldismine13]

This is not true. The SEC routinely monitors risk management and compliance. Not all cases are generated by tips or complaints. That’s like saying the IRS only conducts audits with flagged companies or the FDA only investigates tainted agricultural products. You are making the role of the SEC way too simplistic and ignoring a whole function of SEC operations. They have a whole legal division that takes on these duties. The SEC ensures market regulation and oversight of financial securities. We use the EDGAR database all the time at work. They work with the Dept of Justice. The SEC is more complex than relying on consumer tips or complaints, the SEC is not the Better Business Bureau or Department of Consumer Affairs.

The SEC consists of five divisions and 23 offices. Their goals are to interpret and take enforcement actions on securities laws, issue new rules, provide oversight of securities institutions, and coordinate regulation among different levels of government.

“The SEC also serves as the first level of appeal for actions sought by the securities industry's self-regulatory organizations, such as FINRA or the New York Stock Exchange.


Among all the SEC's offices, the Office of the Whistleblower stands out as one of the most potent means of securities law enforcement. Created as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the SEC's whistleblower program rewards eligible individuals for sharing original information that leads to successful law enforcement actions with monetary sanctions in excess of $1 million.”

its impossible for the SEC to actively monitor thousands of companies, neither the FDA, IRS or SEC are proactive, they simply dont have the resources.

they are reactive meaning they rely on information coming to them and then they react

of course all these agencies have some people acting in a proactive manner but they are monitoring large obvious targets

which is why them investigating a tiny reit like TREF reeks of a tip they got

now granted a i cant prove that, but i have a hard time believing that anybody at the SEC was watching Jay's youtube vids

 

[Problematic Pat]

Stopped here bc you dudes are trying to shift the discussion, the SEC investigation is a byproduct of them running a shady business - it’s not normal to be investigated by the SEC.

And I wasn’t trying to compare myself to TREF, just saying I tried house flipping, failed the legit way and never was under investigation- I also said nobody else I know that flips has been either

but kudos for trying to deflect and make this discussion about me though, you know if we keep it on TREF you don’t have shyt

Why would you even think the SEC would pick up on some random ass house flipper when they have legit white collar crimes going on every single day??

 

[Booker T Garvey]

Why would you even think the SEC would pick up on some random ass house flipper when they have legit white collar crimes going on every single day??

I already addressed this, but yet another reply that's not addressing any of the blatant criticisms of TREF

 

[Booker T Garvey]

if the investigation started from a tip by the dude that left the comment then that would prove my point!

so now a random comment on TREF's facebook page a "tip" to the SEC?

 

[Problematic Pat]

I already addressed this, but yet another reply that's not addressing any of the blatant criticisms of TREF

Your wild accusations were put to rest by 3 other people long ago.

 

[Booker T Garvey]

Your wild accusations were put to rest by 3 other people long ago.

not really, but anything to keep the discussion away from TREF's problems right?

none if you dudes have even addressed the fact that TREF is basically penniless right now with no prospects of making any money (again, JAY MORRISONS words)

I mean he signed off on the document saying this...but hey, let's keep this a "coli" argument, let's not discuss real world shyt

 

[Problematic Pat]

not really, but anything to keep the discussion away from TREF's problems right?

none if you dudes have even addressed the fact that TREF is basically penniless right now with no prospects of making any money (again, JAY MORRISONS words)

I mean he signed off on the document saying this...but hey, let's keep this a "coli" argument, let's not discuss real world shyt

They haven't even got done rehabbing their 1st purchase the Legacy Center yet. The apartment complex they just copped they haven't done anything to it yet to force appreciation. They haven't broke ground on the student dorms they are building by the AUC. Let the projects take off first.