21 May 2010 12:00 AM:
I posted the following on a previous thread and no one including Tony has given me an answer - any ideas?:
We haven't been on this forum since we were horrified that our deposit would not be given back to us many months before San Jose had their 'problems'. This, to us, proved what robbing people they are. However, after reading many of your comments and agreeing with the likes of Hewi etc please read the following and if you have answers we would be interested to hear them:
Our solicitor has advised that Herrada Del Tollo (HDT) has assets on it’s own books valued at €361 million. OK, the value may be overstated and many will be mortgaged but why is the feasibility plan prepared as if this is a new start up ie with no opening balances? Although we’ve probably lost the lot, we are being asked to write off a third of our investment to save an existing company owned, incidentally, 50% San Jose and 50% Inversol. If there is genuinely nothing left in HDT then how can anyone have any confidence that the same people are going to somehow be able to make this 5 year plan work?
We want our money back but cannot for the life of us trust these people!
Community thread:
Where are the opening balances?
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