We believe the facts should be out there. Click on the comments link to view the discussion. The comments on this post are from a previous discussion thread from another site. We feel that the information should be available and the discussion should continue. Scroll down to the end of any page to post your own comment.
May 1st, 2009 at 12:00 am
Have you people looked at getting a commercial real estate company (ie Tonkyo, colliers, DTZBarnicke, Barclay Street or 20 Vic) to act as general partner. You would probably want to select someone who didn’t have a conflict of interest – or possibly one company for each LP.
Don’t forget, if there is fraud on behalf of Concrete, the owners probably have deep pockets. I hate investment scams, and would dearly love to see David Jones, Vinny Aurora and Dave Humeniuk pay through the nose.
Honestly, it really bothers me that they haven’t given you audited financial statements yet.
May 1st, 2009 at 12:00 am
With the reluctance of the GP’s willingness to provide us with the property financial reports, I think I it may be time for us to organize a protest in front of CEP and Wealth Street. I continue to see CE Television ads and hear Wealth Street advertising on the radio. If the GP’s are not going to cooperate with us and the lawyers are having a difficult time accessing the financial reports, maybe with a group of protesters in front of both buildings, may encourage the GP’s to act more responsibility.
May 1st, 2009 at 12:00 am
I do not verify this site often. It was very interesting to read your comments and fully appreciate every effort that is made by you or anyone to save our investments.
We too are involved with Concrete Equities and face the same outcome. Being an out-of-province investor, it was not possible to attend the meeting. Lately, their actions seemed somewhat suspicious and all these events confirm it.
Please keep up-to-date info posted regarding any action or progress on this matter. If the ASC is already involved, we hope that they will be able to resolve it favorably for the investors. We want this solved in our favor if it all posssible.
Did the April 15 meeting take place? If available, what are the results of the YES or NO vote that was requested? Probably they are still very secretive about information.
May 1st, 2009 at 12:00 am
We agree and would be willing to support such a rally to give unwanted media attention to embarass the GPs and steer potential investors away from CE / Wealth Street.
Let’s hope it can be arranged
May 1st, 2009 at 12:00 am
Check out Teluric International Investments Ltd. re – Dave Humeniuk, President.
His bio reads in part; “He is co-founder of Concrete Equities which after 3 years in existence boasts a billion dollar real estate portfolio.” Guess who’s boasting about these accomplishments and who’s cursing Dave Humeniuk.
Teluric has a seminar scheduled for this evening – May 20 at 7pm: 201 – 6 Crowfoot Circle N.W. to haul in more investors – sure wish we could warn them to RUN in the opposite direction of Dave Humeniuk. Run fast.
May 1st, 2009 at 12:00 am
This is a very important message for all SNC LP’s.
The SNC Steering Committee has sent out a Special Resolution that removes CONCRETE EQUITIES from the position of General Partner and installs a New Corporation managed by Steven Butt of Avenue Commercial.
Please check your emails for a copy of this document or contact the SNC Steering Committee for further info.
This is an extremely Urgent matter.
Just a word for anyone who may be reading this in the future…
BEFORE YOU LISTEN TO ANYTHING VINCENZO DE PALMA SAYS, PLEASE SEEK LEGAL COUNSEL!
May 1st, 2009 at 12:00 am
This is a public message directed at any media outlets that may be broadcasting commercials for Concrete Equities and Wealth Street.
Please research this situation and consider the consequences of continuing to promote Concrete Equities and Wealthstreet to your listeners!
Specifically, AM770, SHINE FM and the CBC.
May 1st, 2009 at 12:00 am
louger wrote:
I do not verify this site often. It was very interesting to read your comments and fully appreciate every effort that is made by you or anyone to save our investments.
We too are involved with Concrete Equities and face the same outcome. Being an out-of-province investor, it was not possible to attend the meeting. Lately, their actions seemed somewhat suspicious and all these events confirm it.
Please keep up-to-date info posted regarding any action or progress on this matter. If the ASC is already involved, we hope that they will be able to resolve it favorably for the investors. We want this solved in our favor if it all posssible.
Did the April 15 meeting take place? If available, what are the results of the YES or NO vote that was requested? Probably they are still very secretive about information.
The meeting and vote scheduled for April 15 were cancelled due to the actions of the LP’s. DJ has indicated that an AGM will be held but I suspect that nothing will happen. There is still no information coming from CE to the LP’s.
The saga continues…
May 1st, 2009 at 12:00 am
A meeting has been called by the Steering Committee for all LP’s from all buildings.
Tuesday May 26, 2009 at 7:00 PM
Location: Southside Victory Village
6402 1A St. S.W. Calgary
This is a very crucial meeting for all LPs to discuss the final steps to take control of our investments.
May 1st, 2009 at 12:00 am
Good morning everyone. I am a concrete investor just now getting wind of whats going on. I am shocked and appalled to say the least. What were the results of the meeting on the 26th? I voted yes on the proxy, what are my options now? Any specific news on MEG place? I have little to no experience as to what is to going on with this type of dealings, and I appreciate all of information provided on this thread so far. Please keep up with the latest information. Thanks!