Monty Fund repayments (in General)

Fund Money: $5,312,689
Debts:
HR22 2 million
Glory 1.6 million
DAWG 5.1 million
Bull 3.2 million
TOTAL: $11,900,000

if i was a rich kid i would be happy to donate.. all i have extra is these stupid compounds, and they won't help... also wanted to say your a good man ranger, i applaud you. keep up the good work.

Recovering 50 cents on the dollar for unsecured loans on a less than credit worthly borrower. Pretty good recovery rate, compared to corporate bankruptcies.

yea you left my debt out he owed me over 12 mil

12,155,063 montys exact debt to me

But you didn't have a PR post for it, Fuh. Or did you?

no everything was kept up threw cms, so those can be pulled and checked

5.3 million/11.9 million is 44.5% recovery rate so here goes:

HR 22 .445 x 2 million is 890000
Glory .445 x 1.6 million is 712000
DAWG .445 x 5.1 million is 2269500
Bull .445 x 3.2 million is 1424000

Money will go out within the hour.

Fuhgawz:

Can you produce those CM's so an admin can verify them right now?

I posted the Monty Fund 2 days ago and you did not respond then, why all of a sudden your responding?

i havent been online in a few days; and yes the cms are still in my log if they want to look them up or want me to post them i can.

please post them

To: [Banned]Monty Sent: August 29 2005 10:24 AM EDT Delivered: August 29 2005 1:28 PM EDT
you now owe 12,155,063 cbd2 get to paying



this was the last one i had sent him

Unfortunately that does not help much. Any CM from him admitting he owed you that money. For HR22 he posted some CM that showed Monty admitting his debt.

he replied with this From: [Banned]Monty Sent: August 29 2005 1:29 PM EDT Delivered: August 29 2005 1:29 PM EDT
uhggg I cant selll this d{edit for his mouth} ELB@

Fuh, it might help if you post all of the CMs between you and Monty.

Since Fuhgawz may have a debt to be collected, I will hold of payments till later tonight or tomorrow, sry to those hoping for some cash today.

Fuh, also remember it's only the principle amount that Ranger is going off of, no interest is included.

Angry Zac makes the point I forgot, just the principle back.

Going back through the PR posts here is the new amounts owed.

If there is a discrepancy please let me know.

New Amounts due from Monty (without interest)

Bull: 1.15 million
Glory: 350k
HR 22: 2.5 million, no interest was charged on the loan
YWN: Settled
DAWG: 800k

Here are the posts and payments DAWG to Monty and vica versa:
DAWG (Magnus) 12.153.18.214 [cb2]Monty (Der Silberne Kuss) $2500000 12:49 AM EDT 5/17
DAWG (Hellfire) 12.153.18.214 [cb2]Monty (Der Silberne Kuss) $3000000 5:16 AM EDT 6/9

[cb2]Monty (Der Silberne Kuss) 67.96.71.12 DAWG (Magnus) $100000 -- 2.4 mil left 9:13 PM EDT 5/21
(The Silver Kiss) 68.117.181.45 DAWG (Hellfire) $100000 1:07 PM EDT 6/28
(The Silver Kiss) 68.117.181.45 DAWG (Hellfire) $200000 6:20 PM EDT 6/29
(The Silver Kiss) 68.117.181.45 DAWG (Hellfire) $500000 7:12 PM EDT 7/1
(The Silver Kiss) 66.168.245.120 DAWG (Hellfire) $100000 3:06 PM EDT 7/11
Captain Obvious (The Silver Kiss) 66.168.245.120 DAWG (Hellfire) $100000 3:00 AM EDT 7/13
Captain Obvious (The Silver Kiss) 66.168.245.120 DAWG (Hellfire) $100000 3:08 AM EDT 7/17
Captain Obvious (The Silver Kiss) 66.168.245.120 DAWG (Hellfire) $1000000 4:12 PM EDT 7/17
[YG]Monty (The Silver Kiss) 66.168.245.120 DAWG (Hellfire) $800000 9:51 AM EDT 7/25
[YG]Monty (The Silver Kiss) 66.168.245.120 DAWG (Hellfire) $1000000 7:45 PM EDT 7/28
[YG]Monty (The Killing Club) 66.168.245.120 DAWG (Hellfire) $200000 7:15 PM EDT 8/2
[YG]Monty (The Killing Club) 66.168.245.120 DAWG (Hellfire) $500000 11:08 AM EDT 8/6

Totals loaned to Monty 5.5 million
Paid by Monty: 4.7 million

well that being the case it would be only 10.5 million he owes; and my cms wont go back far enough for me to post them so if an admin would pull them for me

"Verbal agreements mean nothing in CB2 land. Without a PR thread, you've got no proof. " - barzoo and chargerz*

*different words, same point.

also admins cant pull those CM's I think :\

Fuhgawz,

Unfortunately there is no record of the loans with Monty.

I have no doubt it was real, but without a paper trail I cannot justify to the community including you in the fund. It would set a bad precedence.

Therefore repayments will begin after my work today about 3 pm server time.

Thank you all for you patience.

I am trying to see how you got 350K for me. I have added up the amounts in my thread and they are more. Can you help me out Ranger? Thanks.

Glory, when I get home later today I will post all I can. like I said, I could be wrong.

In Fuhgawz defense:

A Blacksword of Nan Elmoth ($13432) -- now you owe 10.5 mil

From August 6th (transfer records).

As little as this would mean anything, Monty's debt to Fuhg was for the purchase of Spid on CB1 for 12mill CB2 a while back, so to be down to about 10.5mill seems reasonable.

All the typing of Fuhgawz loan is great but I need hard PR posts or transfer logs with Monty showing how much he owes. The post of the transfer of the BoNE was from Fuhgawz to Monty but i need one where Monty says how much he owes.

Also, I wont check the cb1 PR logs, if anyone can find one where Monty agrees to pay 12 million cb2 for Spid then thats another story.

But so far there is absolutely no proof in PR or transfer logs of the debt.

Glory,

Here are the transfers per your PR thread with Monty:

per this post:
http://www.carnageblender.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001ReJ

Initial loan was for 4.5 million: Remember no interest to be paid, only princple.
Per your post and first message on that thread:
On July 17th, he owed 4.1 million.

Again per you:
So, July 17th the amount owed with interest was $4,387,000.
Later that day, he made a payment of 600K.

Then later in your initial post:
His next payment was 300K.

so the balance on the principle was 4.1M minus 600k minus 300k or 3.2M.

YG]Monty (The Silver Kiss) 66.168.245.120 Glory (The Minotaur) $500000 7:45 PM EDT July 28

[YG]Monty (The Killing Club) 66.168.245.120 Glory (The Minotaur) $200000 12:44 AM EDT Aug 4

[YG]Monty (Bookie) 66.168.245.120 Glory (The Minotaur) $400000 1:11 AM EDT Aug 9

The BoNE that Monty transferred to me sold in Auction for $1,756,667.
Posted by you on Aug 26.

He also sent a payment of 100K a few days ago. Also posted by you on Aug 26.

So 3.2M remaining from your intial post was the balance.

Payments to you July 28, Aug 4 and Aug 9th total 1.1M

So 2.1 M was left

Then the BoNE sold for 1.75 M

So 350k left.

And I actually missed the 100k payment you posted at the end so its really 250k the is owed to you.

Let me know if you have any questions on that.

You are correct. I missed one of the payment in my transfer log. :)

Payments just went out:

QBRanger (The Monty Fund) 65.34.143.225 HellRazor22 [retired] (Razor) $2500000 -- Monty Fund Repayment
QBRanger (The Monty Fund) 65.34.143.225 Bull3t F4c3{loanz}
(The Incredibles) $1150000 -- Monty Fund Repayment
QBRanger (The Monty Fund) 65.34.143.225 Glory (Labyrinth) $250000 -- Monty Fund repayment
QBRanger (The Monty Fund) 65.34.143.225 DAWG (Krang) $800000 -- monty fund payment

There is still $964,189 left in the fund. By tomorrow if noone claims any of it, refunds will start to occur.

Thanks for your support in this endeavor.

Tomorrow I will try to figure the amount that goes to all that contributed to the payments.

This will include Bast and her 700k payment to Ywn.

Pft. I bought a mil, I sent a mil. I don't need a refund, as I didn't need a self-aggrandizing post.

It was only (another) example: anyone who thought this was so untenable an injustice, or belatedly felt responsible for removing every last hope/possibility of debt recovery for those who had an actual stake in the outcome, could simply take care of it.

Bast, if thats what you want fine.

But DONT think I was doing this for some grandstanding. It was the right thing for the community to do, at least those that wanted to.