Wednesday, May 30, 2012

5/30 More questions ....

Notice from BOD continued:  “Your Board of Directors will be available to answer any questionany issue …In the lobby …  June 2nd & 3rd  …. between 12:00 and 2:00 P.M.” 
Re: ASSESMENT for legal fees/expenses: Shareholders keep asking about the Assessment and for information about legal fees/expenses. Responses are none or incomplete, inadequate and insulting.  That includes, “It’s none of your business.” Estimated cost is $7,500 per month for an unknown period of time. That’s $90,000 (estimate) per year. We can’t be accurate because Jill and/or BOD refuse to answer questions.

  Shareholder money
Questions: Who authorized you to assess Shareholders for legal expenses for apparent personal or political matters?  Why didn’t O&D insurance pay? How and why did you select the lawyer you chose? Was there a vote? Did you do background and complaint checks? Where are the hard copy reports? How much has been paid and will be paid for legal expenses? (Why do you refuse give information after repeated Shareholder requests?) What is your lawyer paid for? Where are the bills and invoices? Who signs checks to the lawyer?
Jill repeatedly told me/us Adam Leitman Bailey is a ‘Super Lawyer’. Why repeatedly stress SUPER LAWYER? What is a ‘Super Lawyer’? Who advised you? Is there a link to Vision? You (Jill) mentioned the lawyer as well as police is ‘looking into threats’. Is the lawyer investigating, filing charges or taking any actions against Shareholders?  Are you ‘setting up’ the lawyer? More to come………….. For information and interest: 
Re: Adam Leitman Bailey    http://www.alblawfirm.com  
Re: Super Lawyers    http://www.superlawyers.com  
*Note. I never communicated in any way with Mr. Bailey or his firm. I have no idea what he/they did or didn’t do. Information came from Ms. Schachter and/or links above.
There are also ‘Super Accountants’, 'Super Mice,' 'Super Mouses', 'Super Mooses' and more.
We need ‘Super Shareholders’ and a ‘Super BOD’ with good judgment and common sense. 
Financial records (Long overdue)
Questions: When will we receive accurate Annual and other Financial Statements? Why are statements overdue? Who writes the checks? Do we have reviewed invoices and bills for every irregular disbursement? Where are VA’s financial records? Are the records copied, safeguarded and stored? What banks do we use? Account numbers? How much do we owe? More …  
Pool
Questions: Who is responsible the pool fiasco? When was it discovered work was needed? Why wasn’t it done in a timely manner? Who gave pool workers permission to start 7:30 AM on Holiday mornings? Who supervises work? Are there competitive bids? Who and how was the ‘fix’ company selected? Is there a bottom line for costs and time?  
Endless letters.
We constantly receive letters that many Shareholders don’t or partially read.Letters from Marc (and friends) and Maggie are ‘signed’. They also note they are responsible for contents and pay the costs.
Questions: Re: Jill and BOD’s letters re; personal election, personal philosophy, personal nonsense, etc. matters. Who writes the letters? Why aren’t they ‘signed’ for responsibility? Who pays for the postage, printing, etc? Are you using Shareholder money? 
Please write questions on paper for your records. Please take notes on responses, if any. It is important we have a record. More to come …(Why did Vision Eneterprises quit?) Also .....




9 comments:

  1. Ask what subordination of mortgage to Metropcs LLC shown on city website means. Ask who pays Maggie's conference call and travel expenses. Ask if pool membership costs will be prorated to the day the pool is usable. Ask if staff lounge can be converted to storage space for shareholders. Ask how much extra income was generated by keeping laundry room open til 11 and does the insurance company know about it.

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  2. Did you all read the NEW LETTER about the Annual Board Meeting Tuesday, June 19:

    Our Board President writes:

    "We urge all shareholders to attend this meeting."
    "Be aware thatyou are under no obligation to give your proxy votes to anyone."
    "If you have already signed over your proxy, plesae be advised that you have the right to ask for your proxy back when you enter the meeting! Make up your own mind after you hear all the facts at the meeting."
    "This is your right as a shareholder. Don't let others decide for you."
    "Please notify the board if you feel that you are being harassed for your proxy."
    "The Board of Directors"


    IS THIS A JOKE - I had to laugh, especially at the nest to last line of this letter - "Please notify the board if you feel that you are being harassed for your proxy."

    Well here I go:

    To the Board of Directors of the Valerie Arms:

    In regards to your recent letter posted, I must inform you that there are several shareholders that have been harassing shareholders for many reasons in addition to getting proxies. These shareholders must be stopped immediately. I ask the board respectfully to please send a letter to stop all harassement to Jill Schachter, Alicia Spiegel, Fran Rothkin, Barry Nelson and Maggie Warford.

    Sincerely,

    A shareholder that has been harassed by the board.

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  3. I can try and shed some light on the pool situation, since the current Board is trying to blame everyone but its own ineptitude.

    The problem with the skimmers was first brought to the prior Board's attention in May 2011 by the Valerie's former Superintendent. It is unclear when he became aware of the problem, but he waited until it was too late to do anything for the 2011 pool season. His involvement in coop politics caused him to withhold the information which was a subject of discussion with Labor Counsel who eventually recommended his termination. (This never happened because Julio got sick).

    Vision Management was asked to solicit quotes to see what the project would cost if it was undertaken in the fall. VISION FAILED TO ACT ON THIS REQUEST.

    This issues was discussed several times during Board meeting I attended with Jill Schachter -- SHE HAS BEEN AWARE OF THE SITUATION SINCE THE SUMMER OF 2011.

    As to why this project has taken on such urgency to the point where residents are disturbed by early morning weekend and holiday work, Jill's friends are desperate to get the pool open. It's as simple as that. This is why getting the pool open is the number 1 priority -- more important that investigating the source of the Valerie's water problems, more important than dealing with persistent leaks through the facade every time we have a hard rain and more important that planning to replace the roof that the Board was told was nearing the end of its lifespan.

    Vision is gone, now it's time to get rid of the rest of corruption that has been plaguing our coop -- Jill Schachter, Barry Nelson, Alicia Speigel and Fran Rothkin must go.

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    Replies
    1. And how could I forget -- Maggie from Atlanta needs to be sent back to Georgia.

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  4. I must say, all these letters in the mail and on the walls of our building.

    Do you feel special because I feel so special.

    I feel like it is Christmas - It is the gift that keeps on giving.

    A gift from Santa Jill and her four elves - HARASSEMENT TO THE SHAREHOLDERS.

    Christmas in June. Merry Christmas to all and may all vote this board out.

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  5. Your board at this point answering any questions? HA! You should be a fool if you believe any of their answers. If they had the answers for the shareholders you would have had them months ago. Whatever you are going to get is a cover up. Will there be a miscellaneous expense for the paper shredding services at vision enterprises? Or at Jill's schachters apt? We are entitled to answers and we are not getting them. There is a reason that Jill SCHACHTER, Barry Nelson, Fran Rothkin, Alicia Spiegel and Margaret Warford from Atlanta won't give you any of the info. You are looking for ------THAT'S BECAUSE THEY ARE ALL AFRAID F THE TRUTH.....WE NEED A NEW BOARD!!!!

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  6. I'd like to know who concocted the proxy the Board sent out.

    Did we pay the the Super Lawyer to write a proxy with Jill's name in it? Did we pay him to try and trick us into protecting the Board from any chance anyone could hold them accountable for breaching their fiduciary duties to the shareholders? Did we pay the Super Lawyer to write an illegal proxy that is supposed to help Jill Schachter, Alicia Speigel, Barry Nelson, Fran Rothkin and Margaret Warford steal our election? Or did the Board come up with this scheme on its own?

    These questions need to be answered. It is all of our business when this Board's corruption is so brazen that it thinks it has the power to write proxy forms naming the corrupt President as proxy holder. We have never seen anything like this before in the history of the Valerie, and we need to make sure we never see anything like this ever again.


    We shareholders need to demand answers, hold Scachter, Nelson, Speigel, Warford and Rothkin accountable for their corruption and get new people onto the Board who understand that they serve all shareholders and that they are running a multi-million dollar business, not a social club.

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  7. Go see the Board of Directors this weekend and:

    Treasurer Alicia Spiegel can take some from her busy schedule preying on our seniors and signing blank checks for Jill Schachter (does Bayer Healthcare know exactly how much time Alicia Spiegel spends politicking at the Valerie instead of working?) and GIVE US OUR FINANCIAL STATEMENTS.

    Treasurer Speigel: WHERE ARE OUR FINANCIAL STATEMENTS?????? HOW MUCH MONEY ARE YOU SPENDING ON THE PILE OF MUD IN THE POOL????

    Nobody is interested in your finger pointing at Marc Ullman and Harvey Berman and sending out illegal proxies . . . you have a job to do and you are FAILING TO DO IT.

    YOU ARE IN BREACH OF YOUR FIDUCIARY DUTIES TO THE SHAREHOLDERS! WHERE ARE THE FINANCIAL STATEMENTS? WHAT ARE YOU HIDING? HOW MUCH OF OUR MONEY HAVE YOU ALLOWED JILL SCHAACHTER TO WASTE? DO YOU REALLY THINK THAT YOU WILL NOT BE HELD PERSONALLY RESPONSIBLE?

    To President Schachter: Don't tell me or any other shareholder that it is none of my business. IT IS MY BUSINESS. YOU ARE DESTROYING OUR COOP.

    Paychecks from Macy's and Bayer Healthcare will not be nearly enough to pay for what you have done.

    WHERE ARE THE FINANCIAL STATEMENTS????

    WE ARE STILL WAITING.

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  8. Support the new candidates Saturday and Sunday. They can campaign, but the real campaigning happens in hallways and on phone lines as shareholders talk to each other. Go see which table talks about blaming others and which one talks about finances, and letting the buck stop with them instead of passing it to past Boards that can no longer do anything. The current BOD is trying to steal the new candidates thunder. So coincidental how they schedule their "Q&A session" for the exact same time & place as the new candidates only a few days after their campaign package hit mailboxes. I'm sure it was just a coincidence....laced with fear.

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