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Original Message:

Re: ask-redweek-hilton-buys-diamond-resorts (by John B.):

We are Diamond Gold, Hilton told us last week at the Las Vegas Polo Towers that only 10% of Diamond owners have not upgraded to Max, (I bet not) they offered us $14,900 to upgrade, $1,600 down and $300 a month for 10 years.) and if we did not our $400+ month maintenance fees would increase to $1,000 in January. We told them we'd think about it, and they said the offer was only good for today.

We are going to wait to the beginning of the year and see what they do. I agree with everyone that they are going to try to squeeze us out, but one thing we all have are % deeds in those proprieties, I don't see how they can sell them, if we own them? So if enough of us stand strong they'll have to deal will us to get rid of some of those proprieties in the portfolio.

I think a class action will probably come, but still a little early right now, maybe next year.

I am interested, if those Diamond owners who did upgrade to Max, I wonder if Hilton got them to sign over their deeds in the Diamond properties? Does anyone know?