The poor nationwide weather last week has prevented the prospective systems sales buyers from visiting Tennessee. Also, it appears that the electrical hookup work was finally completed this weekend. The weather forecast for this week looks better and the prospective buyers are scheduled to visit the Dunlap plant. They will be able to view it in full operation.
As mentioned in a previous Mantria Update, there are too many possible outcomes to even speculate the fate of our investments right now. There are many bad rumors and some good rumors out there right now. Mantria Investors will have to sit tight as developments unfold.
I am convinced that Troy and Amanda are motivated to protect our investments. They appear to be sincere about doing everything possible to save our investments. I anticipate that they will come up with as many creative ideas to get out of these circumstances as the came up with when they initiated the Mantria Corporation. (Of course, avoiding serving prison time may be also be a strong motivator for them at this point in time)
The next move belongs to the SEC, Mantria's ability to defend itself, and sales developments.
In the meantime, please continue to create as much "normalcy" in your lives as you can. Let's continue to support each other thru the blogs, regular phone calls, and emails. Also, continue to hold onto some hope.
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Below is some info. from Dr.Mary's CPA. My CPA isn't familiar with the new tax relief laws pertaining to our situation but Dr. Mary's seems to be up on the laws and Mantria's situation. She has been speaking with many Mantria investors already. If you're interested in taking advantage of the "theft loss" tax break, Shaunna may be someone to speak with.
ReplyDelete--------------
Lane,
As you can imagine we have be inundated with calls regarding the Mantria Investment. Responding by email seemed to be the most effective use of our time and we apologize for not being able to contact each of you by telephone. We would like to take a moment to tell you what services we can provide, if you choose, in regards to your 2009 tax return preparation.
We are preparing to build a case for claiming a “Theft Loss” for our current clients. This information will be used repeatedly for all of the tax returns we file and we will be able to spread the cost of these documents prepared by us among several clients.
If you had your return prepared by a CPA they would be able to provide the same service. However, we are working on economies of scale; meaning we can spread the cost the preliminary research we have done among several clients to keep the cost down. We can only provide this documentation to clients that hire our firm to do their 2009 tax return, as we are liable for the information that is used.
We highly recommend that you use our services if you prepare your own tax returns. Christine has been a CPA for over 20 years. Please feel free to view our website at www.ChristineCPA.com. We have spent a lot of time for our client researching Mantria.
Thank you for providing your personal investment information. We have shared this information with an Attorney who is hopefully building a civil case on behalf of the Mantria Investors. No names were given to the attorney from our office.
I also confirmed that it does not need to be filed by the end of the year. It is filed with your 2009 return. Please contact us if you would like to discuss having our office prepare your return.
Shaunna Gapter
p: 303.440.1458
f: 720.836.4253
Lane or other members,
ReplyDeleteDo you know who the attorney is that is working on the class action suit?