webwizard
Member of DD Central
Posts: 157
Likes: 145
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Post by webwizard on Aug 1, 2023 9:37:19 GMT
I have several outstanding M1 and M2 loans and I am not on Facebook so do not see those postings.
I am most grateful to all those that have made and continue to make such great efforts in pursuing all matters relating to our collective investments.
Whilst there is occasional whinging on these forums, the vast majority of the information is useful and constructive and I for one, am most appreciative of all the effort everyone is making.
Thank you.
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Post by gramsky on Sept 19, 2023 11:06:01 GMT
Post from Lisa today on the LAG facebook page:-
"Update: Last night the first M2 committee meeting took place with RSM. The meeting was productive and we discussed the first set of loans we needed to review and the framework for moving forward.
We agreed to prioritise a couple loans that have been caught in the gap after the last distribution. One of these loans address a significant portion of the assets allocated from Lendy Wealth investors.
I can't go into detail on specific loans or recoveries, but hopefully we'll start to see additional distributions shortly.
Thanks to all the committee members for your hard work!"
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Post by jay2 on Sept 19, 2023 11:10:57 GMT
Thanks for copying across gramsky and thanks to Lisa and the rest of the committee for your efforts.
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wuzimu
Member of DD Central
Posts: 236
Likes: 735
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Post by wuzimu on Sept 24, 2023 9:36:56 GMT
I would go for an increased chance of success over 'equitable' any day but, of course, LAG does not control who replies to RSM. That's why RSM are writing to everyone, as I understand it. Lisa and others have been legally battling on the behalf of other lenders for something like 4yrs now. If you want 'equitable', go make an appointment with Liam Brooke. The OP reads like a threat to me, and I know that the LAG ganged up against an investor and very high profile member of this forum gaining committee representation before. It's unfortunate that the LAG does not communicate or engage with all lenders. Can't understand this comment.... Any genuine investor can join LAG, if they agree with its aims. Which is to get investors money back. Clearly not everybody can be on the committees and usually its time consuming work pitted against professionals whose intention appears to max their fees etc. So people with legal / financial backgrounds whats needed At end of day Administrators only care about a single investor bloc. That is LAG. LAG has achieved alot and is the most influential investor representative group in the smoking wasteland of p2p. Every Lendy investor will be better off at the end because of LAG and the people who voluntarily put in many hours in pursuit of equity. Small minded to criticize IMO
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