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Monday
03 February 2003
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UCCR Plea for
Money!
Following
the general meeting held at the Aurola Holiday
Inn in downtown San José, those that were not
investors were asked that they should not
return to the meeting hall after the short
recess, as the following part of the meeting
was for investors only.
The call for privacy was not one to keep the
event a secret, but was rather, an expected
plea for money by the UCCR committee to hire
the former Justice Minister to represent the
interests of the group. A handful of people
did not return to the room after the break.
The UCCR committee, headed by John Manners and
Duke Mosley, explained the need to hire José
Miguel Villalobos (JMV), former Justice
Minister and his strategies.
The group was told that the cost requested by
the lawyer was $300.000 US Dollars, with
the first $100.000 paid up front, the
second $100.000 paid within months as a
second installment and the final $100.000
to be paid when EV returns with the money.
A plan to raise the money was detailed. Each
investor would be asked to contribute 1/6th of
their one month's interest payment or .05% of
the total investment, in an effort to collect
the $300.000, of which the first $100.000 was
the most necessary to hire the lawyer.
A brief question and answer period followed,
as investors were curious as to how the money
would need to paid, in one lump sum or in
three parts; who would hold the money, how it
was to be paid, etc.
The group were given a form (to be re-printed
here tomorrow) whereby they could pledge their
contributions. The group was also told that
there many who will not be able to contribute
due to their financial situation and that a
small percentage would probably shoulder the
brunt of the total cost.
Some investors we spoke to following the
meeting, voiced their concerns as to the high
cost of the lawyer. $300.000 is a lot of
money, though, if he is able to get their
money back, it would be well justified.
Others spoke about if José Miguel Villalobos
(JMV) was the right man for the job, since he
has fallen from grace with the powers that be
and that perhaps his only interest was one of
vengeance against his former employer, Pacheco
an the Government and was using the Group to
that end, and to line his pockets in the
process.
The general mood, however, was that something
had to be done. There was nothing to be gained
by sitting back and doing nothing and nothing
to lose with this action. Some, however,
believed that they would see results - their
money back - in as little as a month.
About 50 investors pledged their contributions
at the meeting from as little as $50, some
including their check with the signed form.
According to UCCR members, they expected
another 50, for a total of 100 contributors to
come from this meeting and would start an
email campaign to all those investors not in
Costa Rica.
A 'formal' website is planned to keep
investors informed of the group's actions and
progress.
More: In
EV We Trust!
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