[TR] [6pack] TRF

[Jack McGahey]

Understood. I wouldn’t be just unhappy, I’d be really angry - mostly at myself for making an unsecured personal loan to a man who poured way too much money into his dream pub/restaurant in Indiana, PA. I wouldn’t blame or take it out on the people trying to earn a living at TRF - none of whom had anything to do with the unsecured personal loans to a dead man who didn’t do what he said he would do.

Sent from my iPad

> On Jan 7, 2021, at 8:15 AM, Alan Atkinson <alanatkinson at hotmail.com> wrote:
> 
>  They never scrubbed the text so it’s here: http://trf.zeni.net/weeklongb/5.php?s_wt=1920&s_ht=1200
> 
> While it is clearly an unsecured loan, there’s specific verbiage in the offer to say there is a mechanism to ensure that a participant will be repaid in the event of his death. 
> He is dead. It was untimely. 
> I understand that the insurance was insufficient so the note holders weren’t made whole at that time. 
> I’d be quite unhappy if I were one of them too. 
> 
> 
> 
>> On Jan 7, 2021, at 7:07 AM, dave <dave at ranteer.com> wrote:
>> 
>> We were told the loans were secured by a life insurance policy.  That was a lie
>> 
>> -------- Original message --------
>> From: Jack McGahey <McGaheyRx at aol.com> 
>> Date: 1/6/21 10:02 PM (GMT-06:00) 
>> To: dave <dave at ranteer.com> 
>> Cc: Triumphs at autox.team.net, 6pack at autox.team.net
>> Subject: Re: [TR] [6pack] TRF 
>> 
>> So the current employees and TRF owner are screwing people who knowingly made unsecured personal loans to Charles Runyon?
>> 
>> Sent from my iPad
>> 
>>> On Jan 6, 2021, at 10:56 PM, dave <dave at ranteer.com> wrote:
>>> 
>>> 
>>> Just keep in mind that they are totally screwing all the investors who helped keep the business afloat all these years
>>>  
>>> From: 6pack <6pack-bounces at autox.team.net> On Behalf Of auprichard at uprichard.net
>>> Sent: Wednesday, January 6, 2021 4:04 PM
>>> To: triumphs at autox.team.net; 6pack at autox.team.net
>>> Subject: [6pack] TRF
>>>  
>>> I just put an order in with The Roadster Factory.  I had read this morning that the business, the cars, the farm, the house and the restaurant had all been sold to settle outstanding debts.  It turns out that Albert Runyan is the new owner and (according to the people I spoke to) it is business as normal.
>>>  
>>> Andrew Uprichard
>>> Jackson, Michigan
>>> ** triumphs at autox.team.net **
>>> 
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