Company Slashes Equity Wells TImberland REIT
Following within the footsteps of countless other non traded real estate investment opportunities trusts, on December 14, 2012, the board of directors of Wells Timberland REIT lowered the estimated value to $6.65. This represents a tremendous reduction from the original offering cost of $10 per share, however, investors will likely be further shocked to master how the real value (vs. yourrrre able to send estimated value) is much less. As we already have reported (here and here) , since Wells Timberland can be a non traded REIT the only real publication rack probably going to be on the list of privately operated secondary markets where it could trade for a discount of 2535% of your company's estimated value. Investors who paid $10 on the offering should find that actual value is not even half of those
ポリス メガネ通販 now.
Wells Securities was the wholesaler with the public offering of
シャネル メガネ Well Timberland REIT, which committed to timber producing real-estate. FINRA found that from May 2007 to September 2009, Wells distributed over 100 marketing and advertising materials that contained misleading, unwarranted or exaggerated statements. In addition to that the Wells ads would not let you know that the investment didn't yet become qualified as a REIT for tax treatment, among the list of selling points highlighted to potential investors.
Many investors were sold Wells Timberland besides other non exchange traded REITs in the commitment of steady and dependable distributions of revenue based on no warning that liquidity may very well be a major problem. For those who made forget about the dependent on misrepresentations in the selling broker, you most likely are qualified to recover any portion of your
Prada メガネ 通販 losses through FINRA arbitration.
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