iRobot
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Post by iRobot on Apr 11, 2021 13:09:27 GMT
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Post by Ace on Apr 11, 2021 14:15:08 GMT
The Exit accounts will currently not receive any of the cash in the Access accounts, it's allocated to future tranches, that's clearly stated in the terms.
Thx dead-money , too caught up in the minutiae of data to recall the full Byzantine workings of the exit accounts. I’ve DELETED my post to avoid any ongoing misunderstandings. For now I’m not prepared to post detailed implications of hitting the exit button as there are some areas in which I’d be in danger of making assumptions. I'm going to have to pretend that I haven't read that, otherwise I will feel duty bound to delete the vast majority of my posts on this forum 🥴
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alibaba
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Post by alibaba on Apr 11, 2021 14:26:02 GMT
Not sure if I am interpreting your post correctly, are you saying that investments can be moved from GBBA to AAs? I am losing the plot with AC.
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dead-money
Rocket to the Moon
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Post by dead-money on Apr 11, 2021 14:44:02 GMT
Not sure if I am interpreting your post correctly, are you saying that investments can be moved from GBBA to AAs? I am losing the plot with AC. Loan holdings in any of the closed accounts can be bought by MLA investors or the AAs, IF they are tradeable and there's demand / they qualify for the AAs.
So whatever you've got left in GBBA, PSA, GEA, GBBA2 is either untradeable as defaulted/suspended, doesn't qualify for AA investment or isn't attractive to MLAs
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iRobot
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Post by iRobot on Apr 11, 2021 14:50:50 GMT
Not sure if I am interpreting your post correctly, are you saying that investments can be moved from GBBA to AAs? I am losing the plot with AC. No. Leastways, not as an investor-elected option in the same way that an AA account holder moving into the Exit Account is an investor-elected option.
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alibaba
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Post by alibaba on Apr 11, 2021 15:03:22 GMT
Many thanks
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alibaba
Member of DD Central
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Post by alibaba on Apr 11, 2021 15:09:03 GMT
Got it! Thanks
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iRobot
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Post by iRobot on Apr 11, 2021 15:34:43 GMT
I'm going to have to pretend that I haven't read that, otherwise I will feel duty bound to delete the vast majority of my posts on this forum 🥴 I consider all my posts as ephemeral and dispense with them accordingly, but usually after a few weeks when there’s zero likelihood of any further readings and I consider I’m doing my bit for preserving the P2PIndie’s disk storage allowance. Posts don't count against any storage quotas, only attachments held directly within posts using the 'Add Attachment' button.
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blender
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Post by blender on Apr 12, 2021 7:55:19 GMT
Well, thanks for Iansplaining that. I feel I've learned something today.
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Mikeme
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Post by Mikeme on Apr 12, 2021 9:17:24 GMT
Well, thanks for Iansplaining that. I feel I've learned something today. He is only here to complain. I think he's angry.......... because his prediction of platform collapse didn't happen and lender interest has been paid. I wonder what is the motive!
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alender
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Post by alender on Apr 12, 2021 12:28:41 GMT
Well, thanks for Iansplaining that. I feel I've learned something today. He is only here to complain. I think he's angry.......... because his prediction of platform collapse didn't happen and lender interest has been paid. I wonder what is the motive! I think it is because like myself he is or at least was at the start of lock in a large investor in AC AAs.
I find it ironic that a number of the posters who are critical of those of us who question AC changes and actions on the AAs are those who have very little investment in the AAs including those or ran to the door to withdraw funds which caused the lock in.
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dead-money
Rocket to the Moon
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Post by dead-money on Apr 12, 2021 14:24:06 GMT
He is only here to complain. I think he's angry.......... because his prediction of platform collapse didn't happen and lender interest has been paid. I wonder what is the motive! I think it is because like myself he is or at least was at the start of lock in a large investor in AC AAs.
I find it ironic that a number of the posters who are critical of those of us who question AC changes and actions on the AAs are those who have very little investment in the AAs including those or ran to the door to withdraw funds which caused the lock in.
So this is now a Willy Waving contest ?  It's not the size that matters, but how you handled it under pressure. 
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alender
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Post by alender on Apr 12, 2021 14:39:02 GMT
I think it is because like myself he is or at least was at the start of lock in a large investor in AC AAs.
I find it ironic that a number of the posters who are critical of those of us who question AC changes and actions on the AAs are those who have very little investment in the AAs including those or ran to the door to withdraw funds which caused the lock in.
So this is now a Willy Waving contest ? It's not the size that matters, but how you handled it under pressure. Feel free to wave it as much as you want.
I just believe that if you have a serious amount of skin in the game you look at things differently.
Also a tad annoying for someone who jumped ship at the start (along with others) caused the crisis to criticise those who have since been lock in and are not happy with how AC are changing rules and in general handling the situation.
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dead-money
Rocket to the Moon
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Post by dead-money on Apr 12, 2021 15:45:25 GMT
So this is now a Willy Waving contest ? It's not the size that matters, but how you handled it under pressure. Feel free to wave it as much as you want.
I just believe that if you have a serious amount of skin in the game you look at things differently.
Also a tad annoying for someone who jumped ship at the start (along with others) caused the crisis to criticise those who have since been lock in and are not happy with how AC are changing rules and in general handling the situation.
Woosh !!! Way over my head what you're on about now. Who jumped ship? Robert Maxwell, maybe? Who's locked in? No one I'm aware of.
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Mikeme
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Post by Mikeme on Apr 12, 2021 15:46:08 GMT
So this is now a Willy Waving contest ? It's not the size that matters, but how you handled it under pressure. Feel free to wave it as much as you want.
I just believe that if you have a serious amount of skin in the game you look at things differently.
Also a tad annoying for someone who jumped ship at the start (along with others) caused the crisis to criticise those who have since been lock in and are not happy with how AC are changing rules and in general handling the situation.
Your comments stink of rich and privileged, sod the little guy who is just trying to get by my much money is more important. As I said a year ago I think the decision to ration the payouts by person rather than holder value was correct.
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It's not the size that matters, but how you handled it under pressure. 