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Re: Update on Lawsuit against RCI (by Dave C.):

Make sure everyone you know is aware about the law suit and let us all inundate the court having the re-hearing with our objection to RCI stealing our assets (the weeks we as a group have deposited for the benefit supposedly of us all as a group) and ensure they are stopped from renting or selling our assets to some other party' instead of keeping it available for owners to use. They pay nothing for these assets, in fact they charge us to accept them, so they lose nothing when the week expires unused. They should never be able to dispose of our assets for their further gain. This would be an illegal activity called "conversion" in any other business.

Under the current court agreement they get to legally "steal" our assets after 30 days. The lawyers supposedly representing us got their fees and that seems to be all they were interested in. They sold out their clients in this postponed agreement.

If RCI is permitted to rent out banked units at any time as a result of this court settlement, then stop being a member and use the many other exchange opportunities that are available to us. If none of us give them a week they will quickly change or go bankrupt. II may not be the answer, time will tell. However there is Trading Places, Red Week.com, Owners groups, internal exchanges, owners group exchanges, and many others that we can use. IF we get nothing for our week, then why let them profit, donate the week it to charity, find a person needing a vacation who can not afford it and give it away.

Maybe it is time for owners to create and run their own public trading company as shareholders, electing a board of directors and hiring management who are responsible to the shareholders with dividends being paid back to each owner. It has been enormously profitable for RCI. Take a look at the life style of the people running RCI. We do not even know what their salaries are but you can be sure they do not use timeshare weeks because they can not afford to travel in luxury, unlike most of us who were convinced by sometimes unscrupulous sales pitches that we could travel forever more inexpensively by buying time shares.

If we were to harness our votes as one voice in both the USA and Canada, we could get laws changed. Enough voices might get Congress involved in public hearings.