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Re: Dream Travel Condos anyone? (by Lou B.):

Still not a word from the once talkative Mr. Anthony. What hole has he crawled into??? Still no answer to my request for a meeting of all members, where Suitelife can provide full disclosure, presenting notarized documents prepared by an independent accountant. If they want to be open and "transparent", what are they waiting for? Why insist on individual meetings (as they say on their web page), given that they claim they are "very busy" at this time? Is it because one-on-one they can use the same deceptive and high pressure tactics they use in their sales pitch, to convince people of their story. In a group, that is much more difficult to do.

The numbers on their web page are meaningless without independent verification. They are numbers of convenience, made up to arrive at the target figure of $399 per member. And as pointed out above, some items are double-covered. And legal fees that were previously claimed to be $9,000 suddenly became $30,000. What is being done for these fees? One claim form filed in the US court? Another wise investment by Suitelife management - $30k for a 2 page form. Have they perhaps hired a private investigator to track down Tonya Williams? Not likely, since AnthonyA as recently as 2 weeks ago seemed to be using this forum as his only source of information. Don't be fooled into giving them any more money.

From their web site:

"Dear Member,

As promised in our initial communication, this is a further update with respect to the Special Assessment Fee.

The following is an accounting breakdown on how the $399 assessment figure was arrived at (all figures are in $US). We will communicate with you with total transparency and will continue to send updates as soon as they are available.

Breakdown of Costs:

Dream Travel Bankruptcy - $582,030 Cost to fix weeks gone bad to date - $200,000 Cost to fix future weeks* - $225,000 Reserve fund replenishment - $150,000 Legal fees, expected to date$ - 30,000 Total - $1,187,030 * estimate based upon past experience to secure comparable inventory

This amount was divided by our 3,000 members and therefore a $399.00 fee was the amount levied. For any members that would like to see actual invoices and payments for the above expenses, you are welcome to come to the office and we will be happy to show you. PLEASE MAKE AN APPOINTMENT .... as you can appreciate the reservation department is extremely busy with all that’s going on."

I wonder if anyone has actually gotten any response to a request for an appointment?

It's interesting what you see when you go back and read the contract after all these years. So they need another $399 in order to avoid their own bankruptcy? I figure the $18k I paid for my almost useless membership should be more than enough compensation (probably equivalent of $30k in today's dollars). After all, what exactly did it go to pay for? Not buying properties, as they imply everywhere in the contract, because there are NO properties - all the vacation weeks are purchased from brokers like Ms. Tonya Williams. So where did the $18k go? And the yearly fee is for "upgrades and maintenance"? How, when there are NO properties to upgrade and maintain? Maybe into Mr. Anthony's pocket, to upgrade and maintain his lifestyle.

It's funny to look at the page in my Resort Villas binder that tries to explain what the annual dues go to pay for: Laundry, Garbage Collection, Furniture repair, Maintenance, Property taxes, Utilities, Parking, Insurance, Outdoor lighting, RESERVE FUNDS, Snow removal, Appliance repair? Makes it sound like Resort Villa owned properties, doesn't it? What a joke. There are NO properties! So where did my $18k go? Where did my yearly dues go?

Fool me once, shame on you, fool me twice, shame on me. I won't be fooled twice.