SARCO

As you say Tony, why does JA still post when she has nothing to loose?  BECAUSE SHE CARES!  She has nothing to gain or loose either way now and neither do I.  Before my BG paid out, I had to look at the offer as if this was my only option.  The only position statement that 'purchasers' should be looking at is those of their own lawyers.  In my case, my barrister was working to a percentage of monies he could get returned, so it was in their interest to get the best result for me.  You seem to be advocating that purchasers should not waste money on lawyers, they should not listen to comments on this forum that disagree with your own view. JA is just trying to re-dress the balance.

My advice to purchasers - Do not listen to Tony, Do not listen to JA, listen to your heart and your own legal advice.

Tracey

Childish Tony get real ! Where are the BGs now (a legal requirement  on all off plan deposits and staged payments ) if they can not provide these now for those that wish to continue  then they should not be allowed to continue " Simples"

Who do they think they are  ?????  above the law !!!!!!

Are you suggesting that Ken is childish for not wanting to continue without a BG and is it  childish not to trust HdT/SJ again after the fiasco they have created !!!!!  .Should purchasers  trust you Tony and if so why !!!! Are you mad !!!!!

I am not in any way affected by this anymore but I sure don't want to see innocent people sold down the river by your blind trust in this unscrupulous company .They have treated us all disgracefully with the help of you and SARC . How dare you justify their illegal actions and  treatment of innocent purchasers and now  they have the bare faced cheek  to ask purchasers  for help still  with absolutely no guarentee of a good outcome !!!!!!! . 

Wow  !!!!! biscuit well and truly taken .

Go for it Tony if you must but don't drag everyone else along with you !!!!  and keep them from finding the real way forward , you should be ashamed !!!!!!!!!   

IF someone wrote all this down in a book no one would believe it it is truly unbe f#####g  lievable  .JA

This message was last edited by julie anne on 03/04/2010.

Tony,  you said it.  90% without a Bank Guarantee, not 1% but 90%.  Does this not tell you something.  They should have been stopped in their tracks when the first BG failed to be issued.

They promised me mine the day I paid my deposit,  Then it was "Oh yes it will be with you in two weeks time", then  "yes at the end of the month", then  "Erm, yes when we get the licenses approved".  A year later, "you are top of the list to receive your guarantee", this went on and on for years and no amount of pressure changed my circumstances.

Pick which lie you want, they lied to me constantly, and you expect me to give them my support.

I'm not against people voting yes as they will be those clinging on to false hope that they will get something back from San Jose and not purchasers.   The whole basis on which 65% of your money will be returned is if they find enough purchasers for their assets and properties at SADM and I don't believe that the second will ever happen.

Question: - How many people voting yes want their property??

I believe the only way is to liquidate them now while there are still assets.  You only have to look at the Trampolin Hills thread to see what happens to assets while the administrators turn their backs.

I think Kayem has hit this on the nail. TRUST. Do I wait 3/4 years for a house that may or may not come. Do I wait up to 5 yrs for the return of 65% of my money may or may not pay. Or do I vote to end it all now and end all the lies and crap that I have been told since entering into this 5 yrs ago. My main concern if I vote to continue is the lack of communication from HDT. Since all this started I have had little contact and little explanation. 

So Trust and hope, wish, dream???? Or end it all now? I think an end to this and see what I get may be the best way forward. 

I like a lot of people never got the BG promised.    

What really sucks is the fact all this started with a dream to own a house in spain, this has now become a nightmare.

Hi all,

Have not posted for a while as we have been waiting for the letter, which we have still not received!!

Totally agree with cem1010, the trust has gone and yes it started with a dream for us as well. We have lost everything, we sold our house in this country, used all the money we had as a big deposit and now we have nothing, like many purchasers we did not have a BG but was constantly promised one!!  Retirement next year and the best we have been offered is 1 bedroom flat to rent with housing authority, what a shambles.

I feel very angry and bitter, i was not like that before this all started. We have to vote NO and end this.

JA, keep posting. Even though you have nothing to gain or lose your advice shows you care and want the BEST outcome for all.

Take care all and lets get this nightmare finished with once and for all.

That`s it in a nutshell, NO TRUST!  If they continue to trade we face god knows how many more years of lies. We will still end up with nothing. Why are HdT/SJ suppyling Notaries at their meetings in the UK? Feels like it is pressure to say yes.

Isn`t it odd that people who are voting NO are posting their reasons and those in favour seem to be rather thin on the ground? Forget Tony & Brian, they are too blinkered to see the truth, and are guilty of peddling HdT/SJ  CRAP. Cheers Joanniemac

I like the way they describe it as declaration of acceptance and do not mention possibility of declaration of rejection. Would they supply free notary to those voting against their proposals ?

Also amused by FAQ because it seems nobody has asked any negative or complicated questions about bank guarantees for example.

Ken.

Ken, They were also very quiet on the liquidation front. Did you notice they skimmed over it, They didn`t actually say we wouldn`t get anything back, probably get very little, if my memory serves me right, That`s a whole lot more than we can expect from this lot of lying criminals over the course of 5 years. Their proposal is pathetic, I felt they wanted us to feel sorry for them and  their poor predicament, god ,I almost reached for the Kleenex! 

The reason there are no awkward questions raised is, they think we are all happily waiting on delivery of our houses. This is what they believe thanks to Tony`s merry band of dreamers! Cheers Joanniemac

Also Tonys silent majority do not appear to have disclosed their decision on the voting forum, wonder why?

This was Tonys chance to prove to everybody they actually existed and silence his critics.

Ken.

Exactly Ken  !!!!!!  The silent majority did not reply because they do not exist . Simples !!!!! Makes you wonder who Tony and SARC are actually representing when they  tell HdT/SJ that they represent  " the purchasers "  Just how many do they actually represent 2,3,6,12  who knows !

Hi JA

And if we're honest, Who Cares!!!!

Dave

Hi All,

Firstly no one has explained how HdT being liquidated helps those of us without a BG .Lots of attacking anything that says that HdT being liquidated is a disaster for those of us without BG's but no reasoned response, probably because there is not one.

Secondly several members of the SARC executive have signed up to the agreement in the last couple of days, to see how it works and to ensure that those who do sign up can do it without any hic ups.  We did not down load any documents to take with us and just took as it said on the HdT website. Hopefully this will be of help to purchasers.

Thirdly, we have spoken to HdT about those purchasers who have not recieved a letter ,for what ever reason and they are going to do an email shot. If you have not received your letter, go onto the SARC website and  use HdT's email address, which is at the bottom of the SARC position statement to let them know and ask for your letter.

Forthly . We have been informed that the meetings are taking place next week and that the venues & locations will be on the HdT website shortly.

We hope that this is of help to you all and that together we can salvage a positive outcome.

All the best

Tony R17 18

Tony, You have not explained how keeping HdT/SJ afloat helps us who don`t have a BG!  Do you really believe that they are going to deliver your house? Do you believe that offering us 65% of our money in 4-5 years time is a good deal? You have discussed with Almu compensation for those who wish to continue with their purchase, no mention of compensation for those of us who wish our deposits returned. Tony you are blinded by your desire to have your house and you refuse to listen to anyone who does not agree with you. This company`s record should be ringing the alarm bells, but no, you choose to believe their propaganda. On the El Pinet forum today, they are discussing SJ DEMOLISHING half finished houses, is this the future for SADM, is this what you are asking people to sign up for by agreeing to their outragous proposal? The truth is they will renege on any deal ,no one will get their properties, or anything of their deposits back.

I will explain to you, that forcing HdT/SJ into liquidation means that we as creditors are entitiled to 100% not 65% but 100% of our deposits plus our legal interest. The companies assets will be sold and creditors paid from this, a far more attractive deal than HdT are propossing and a shorter timescale in being paid out. I am not prepared to be strung along for another 5 years and end up with absolutely nothing, you obviously are! I will take my chances getting something back through liquidation than getting nothing back from this bunch of crooks.

Would you care to explain the 30% and 70% HdT are hoping purchasers are going to part with further up the road and where they are supposed to raise this money from? Do you really think any bank will lend people money to complete? Cheers Joanniemac

Hi Joan,

I have read your post & noticed a rudimentary error.  Would you prefer 65% of somrthing or 100% of nothing?

There is no point going on about if HdT are liquidated they owe you all your money, as it will probalby remain that way. Why? Because they would have to try to sell assets in a depressed market, where the buyer is king and bargains are to be made. And where are the ordinary creditors in the repayment pecking order? A long way down.

I repeat, would you prefer 65% of something or 100% of nothing?

You go on about how do we know this and that but fail to grasp the basic fact that HdT will be bound by a legal document and be answerable to the court.

As for this rubbish about paying prior to completion, READ the proposal it is not there! 

I truly do wish you well but ask that you calm down & think rationaly rather than allowing anger and angst to lead you.

SAVE YOUR MONEY,SAVE YOUR HOUSE, SAVE SADM

Tony R17 18

Tony  , Desperation has clouded your vision of reality .The main aim of HdT is to rip you off  in order to secure their  own future .Must you ignorantly and persistently  assist them in your own financial demise .What a MUG !!!!!!!!!  Your stupidity astounds me ! Good luck .Let me know when the pigs fly !!!!!!

Tony,

The very basis of the proposal is that they will sell land and property to meet their targets.  You yourself have said it. 

Quote: -  "Why? Because they would have to try to sell assets in a depressed market, where the buyer is king and bargains are to be made. " - unquote.

Is the market suddenly going to pick up if San Jose continue.  Laugh, I nearly got a round in....

If they are so sure of their proposal ,where are the BGs !!!!!!!! 

Tony, HdT are going to sell some assets to fund the build are they going to sell for peanuts? They are bound by the courts to stick to the proposal? Hasn`t stopped them acting illegally up until now!  They are going to ENDEAVOR to get BG`s, should we be grateful for their effort, they didn`t provide us with one the first time round. No reason to believe them now.

Do you really believe they will honour paying us 65% in 4-5 years? No I don`t think so, they will have stiched us up by then. So in answer to your question  65% of nothing or 100% of nothing, its the same result.

You stated in your email that there is already buyers waiting to snap up SADM, so not all doom and gloom for those of us that want them liquidated and their assets turned into hard cash! Cheers Joanniemac

65% in 5 years .... take into consideration currency risk, inflation, borrowing costs for some, the unknown and continous stress. Hmmm , employees of HDT continue to be paid, directors continue to make profit and are not held to account.

I want to close this episode of my life and close them NOW.

Stand to lose 100,000 euros but my health and love of my family is more important than HDT, crooked banks, crooked solicitors and crooked agents.

Wish well to everyone but this cannot continue - they broke the law.

Hear Hear,

They want your votes to encourage the banks to finance them so they can continue in their lifestyle.  As the banks have the biggest vote.

Don't allow them to drag even more unsuspecting, hard working people into this nightmare.

Allow us to go about our lives and stop having to waste it in false hope.

Liquidate them NOW!!   Then go for the banks.

They owe me 70,000 euros.