Friday, June 10, 2011

Jay borrowed money from his lawyer...

and still owes!!!

Here's part of the email....


"I have been more than patient with the money owed to me. I've heard of closings and delayed closings, further delays, new investors, documents for closings and investors in the mail, imminent closings, and still nothing. Unfortunately more and more it seems like... the other "facts" you so vehemently deny, are in fact the truth. I've given you more than the benefit of the doubt, and still I don't have my money.

I believe[d] Atlanta would be a great situation, but in order for it to be so, you have to be able to trust your partners. Based on the last two months, I can't say that I do have that confidence. Repayment of the money due would go a long way towards restoring what once was a very bright picture, but failing that i see no way that we can continue.

...

This can no longer continue.... I am declaring our Joint Venture, signed March 21, 2011 as null and void and that any obligations I may have to you become non-enforceable due to misrepresentations and deception on your part.

I hope this action is not necessary, but I have invested a lot of time and effort into making this work, and no longer can continue if these issues remain open."

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