Monday, February 2, 2009

Letter to all from Jay, at The Investment Recovery Group

I have been in contact with Jeff L. We have talked a half a dozen times in the past two days. He has called me, and I have called him.

Jeff has broken the update into two parts as it is VERY long. I have the first part of it. I reviewed it and discussed it with him, and we will talk again tonight. He hopes to have the second part done by tomorrow.

We then plan to discuss that update in its entirety, fix any typos and make the necessary changes. The goal is to have them both out at the same time so it makes full sense to everyone.

Please be patient; there are a lot of forces at play in this case both with Jeff L and others. We have been pressing forward for answers for some time, and they are almost here. So, please bear with me a bit as I work through it for the interest of the entire group.

Thanks

Jay

Letter of Guaranty and Principal Declaration

Jeff Lowrance to Ed Snook

Click on the pictures to view important documents sent from Jeff Lowrance to Edward Snook.

US~Observer Public Service Warning

Jeff Lowrance – A Polished Con Artist?
First Capital Savings & Loan Debacle

By Investigative Reporter
Edward Snook

Click here to view: http://docs.google.com/Doc?id=dchn7nmp_8chd6hgg2

Friday, January 30, 2009

Update from Jay

I have been informed by Jay that Jeff DID meet the deadline. Jay said that he was working with Jeff to resolve the matter, but could not provide a lot of information at this point, and would be in contact soon. Jay did say Jeff wants to make everything right for the betterment of the investors and the company.

Thursday, January 29, 2009

Jeff Made Contact

Jeff made contact with Jay, the lead attorney with FCSL Investment Recovery Group by e-mailing him at fcslconcernedclients@yahoo.com. He assured Jay that he will be sending an update out to everyone before the deadline, Friday, 9:00 AM CST. There will be updates on the private website created for those who want to be part of the recovery group. To begin the confirmation process you need to send an e-mail to fcslconcernedclients@yahoo.com with the following information.

Name
Address
Phone number
Amount invested
Amount currently owed
Who referred you in
Who do you know as an investor

Wednesday, January 28, 2009

AN OPEN MESSAGE TO JEFF LOWRANCE-PLEASE BE ADVISED THIS IS NOT YOUR NORMAL BLOG POSTING---

Dear Jeff Lowrance,

I am writing to you today on behalf of the investors of First Capitol Savings and Loan/Mentor Investing Group Inc. While it may appear to you that there are only a few disgruntled investors numbering around 43 for the last public conference call, we are much stronger in number. I have started to move behind the scenes and have had another conference call in private. As of the date of this writing, I currently have 125 investors members supporting this correspondence and I see I have a ton of emails again to go through with more people wanting to join me/us.

We are not unreasonable people. We simply seek a solution to the problem that has been created by the failure of FCSL and/or you to make the scheduled wire payments as you agreed to do since June 2008. The people may not have done anything for a long time hoping you would come through but then myself and some others have stepped to the forefront of this effort to harness our efforts and move forward effectively. We are not the same organization as in June 2008, do not underestimate our ability to respond. Your silence is deafening and has resulted in some of your own friends and business partners seeking to gain compensation from your own investors, which built up FCSL’s coffers, for their own personal gain at the further cost to your reputation and the effort for the paper. What does Ed Snook, Michael Minns, Congressman Paul and a number of former employees think of your actions? We would ask that you contact us either in your traditional mass email format to the entire group or you contact me at fcslconcernedclients@yahoo.com with a phone number and a time you can be reached and work with us to find a solution.

As you have imposed a deadline upon yourself at many times and failed to meet those deadlines, I do not operate in such a way. It appears you need a good solid business manager to make sure the operation is running smoothly and we can assist you, if need be. However, we the investors are giving you a deadline of Friday, January 30, 2009 at 9:00 o’clock a.m. Central Standard Time to contact me and leave me a phone number where I can call and talk with you directly. Please be advised that if you fail to meet this deadline, FCSL may face its own version of Armageddon. Just as the good lord has given all of us free will to make decisions to control our actions and keep us from eternal torment, you too have the abilities to save yourself, your company and the newspaper, but you need to work with us and not in silence.

While some in this group are very desperate as their houses are on the brink of foreclosure, they have lost the chance at adopting children and have had their very marriages strained by your venture, there are still many of us with a lot of powerful political, governmental, business and financial resources both in the United States and in other countries available to seek the return of our funds or take your freedom from you if you have embezzled, misappropriated funds or made any sort of fraudulent conveyance. I have talked with some foreign based attorneys and banking officials and they also expressed concerns about your operation and the reputations of their countries.

Please do not misunderstand, Jeff, we want to work with our good neighbor and help him Sheppard his flock of bank associates, investors, future business partners and newspaper subscribers. Work with us Jeff and not against us.

Everyone is tired of the silence, delays, missed deadlines and the fact that we need to take these actions. We implore you to respond, but be warned if you do not meet the deadline and respond in some fashion we will respond accordingly.

I look forward to hearing from you at fcslconcernedclients@yahoo.com

JAY THE FCSL CONCERNED CLIENT & HIS FELLOW INVESTORS