June 14 More ...

June 14 (I've been away) 

Repeat: The goal of this blog is to seek and provide information, to alert and protect Shareholders and be a platform for questions, comments and provide input.

We do not represent the Board of Directors (BOD), any ‘group’, Management, employees, etc. We represent all Shareholders. All are welcome and urged to participate. 

CRISIS   Our investment/your homes are at RISK!

 It is OUTRAGEOUS that we cannot get the information or answers we want.

I/we don’t know our financial circumstances. They (BOD and current Management) refuse or cannot provide the information we need and/or answer the questions we ask. We don’t know if we are on the verge of bankruptcy (as some suspect), who is stealing/misappropriating how much, where our money is going, etc.  

Board Members (my experience) receive a monthly financial statement. It takes 15 min to read and review. Any questions or part not understood should be explained by the Management Agent. Anyone, who can read and do simple math should able to do this. 

We, Shareholders, are at fault for tolerating Boards of Directors that are (you choose) very not smart, lazy, and/or incompetent and doing VA harm. 

We should ‘fire’ ourselves (me too!) for being lazy, not being actively involved, not knowing what is happening and tolerating people who do us harm. 

Co-ops fall under the laws, rules or regulations of NYS. In addition the Queens DA has jurisdiction over criminal activities including co-op ‘rip-offs’. (*Note- I am not a lawyer, information is to the best of my knowledge and not legal advice.) We, Shareholders, have rights and protections.

Cry HELP!

Please question every candidate. If you want ‘warm and fuzzy’ vote for a kitten. If you want a healthy co-op, vote for people with ‘brains’ who are not burdened with emotional/social/mental problems. Vote for people who want to help.

Do you know that 50% 0f the people at Valerie Arms have below average I.Q.?
(Hopefully, the other half will vote.)