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Old 03-18-2010, 01:52 PM
Sigma1844 Sigma1844 is offline
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Join Date: Jul 2008
Posts: 30
Here are some quick facts:
1. LCAP tried to sell 128 Collingwood to G-O and its alumni for about 2 years.
2. G-O alumni made low-ball bids on 128 Collingwood which would have lots LCAP hundreds of thousands of dollars (money that was invested into the house).
3. LCAP informed G-O alumni that they had a market offer on 128 Collingwood and gave them (G-O) time to respond before it was sold it to the developers.
4. LCAP is now under contract to sell 128 Collingwood to the developers.

Here are some quicker facts:
1. LCAP made several efforts to sell 128 Collingwood back to the alumni of G-O.
2. LCAP is a business.
3. Any other business would have put 128 Collingwood on the market a long time ago.

It looks like they just got sick of being low-balled and lead on with promises of funding coming in the future.

Yes, LCAP is/was a disaster. They lost a lot of money and now they're going out of business. It sucks for G-O. If you don't like what LCAP is doing, write your local GHZ member.
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