PLEASE dont get PERSONAL

[gcd investor group]

To All members 

We are not here to slam dunk one another .

Notice new members on the forum we are small knit group and know  each other personally. Kindly refrain from personal attcacks on any member . We encourage a health discussion . 

The whole idea of the forum is to be united it is supposed to be ETA vs INVESTORS not a INVESTOR VS INVESTOR on this forum to get a FAIR DEAL to the investors. Fighting amongst ourselves wont get us any where so CHILL guys and focus on what we want.

Yes there are some who have signed contracts , some haven't some have paid 20% some 10% etc etc  and various permutations combinations and so forth .

The basic premise as we understand on the forum is we want our flats SOONER the better with all ifs and buts etc etc as u all know .

ETA star has never encouraged ideas of refunds . We all want a fair deal with price reductions or better facilities etc etc yes agreed.

Now we are stuck at the point that how do we get TEETH against star giga . I want my flat soon , some else wants it at a reduced  price , some else wants it with more furniture all things need to be considered .........CONSENSUS my friends has to be achieved.

Reserve your energies to face STAR GIGA not against one another please and dont try to undermine the forum 

ADMIN

[soundbubble]

yes, so the only way to show our teeth to GIGA is if we are together
as a group - one alone has no chance... so everyone who wants to
receive a copy of the letter and have a chance to sign it, please put
your data in this form:

https://spreadsheets.google.com/viewform?hl=en&formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..

Already 50 = people have signed up... and more every day. The letter
is done and will be sent out today or tomorrow... Discussing here is
important so that all of us can voice their opinions, share, work on
ideas, etc. but discussing only does not bring us nowhere as well...
we have to take a step.

The letter, supported by a large number of people might be one of the
most powerful and fastest steps at the moment - also the most
practical.

The letter encompasses all points and conditions mentioned below... so
it is fair and reasonable.

Cheers

[Rauf, Abdur]

1.  There are currently 52 responses in total currently

2.  Almost Half of them have their contracts signed and the other half has not signed their contracts

3.  Most people do not have apartments with rental guarantee( lets reduce this as a focus for the time being)

4.  Goldcrest dreams and Gold Crest Dreams 3 are the major owners fo the apartments

5.  Majority of the owners own 1 bedroom apartments

6.  An overwhelming majority WANT a price reduction and some want delayed payments

7.  31 out of 52 people want to physically go to ETA with the letter

 

 

This is a very good sign and now we need to review the draft before it is finalised

 

 

52responses

Summary

Name

Karena L. GomesMr Sipar AhmedKhaan AdeelDaniel ThomsonSyed Shahid ImamDaniel ThomsonEugene de VilliersSyed Fattah JalilHaresh C Khatriamir mbillyKarsanВалентинаlynne scottPrashant Kapoormunmun namat...

Contract with ETA signed?
	YES 24 46% NO 28 54% People may select more than one checkbox, so percentages may add up to more than 100%.

 

Contract with Rental Guarantee?
	YES 8 15% NO 24 46% no Contract signed 20 38% People may select more than one checkbox, so percentages may add up to more than 100%.

 

Development
	Gold Crest Dreams 1 17 33% Gold Crest Dreams 2 10 19% Gold Crest Dreams 3 1 2% Gold Crest Dreams 4 20 38% Other 4 8% People may select more than one checkbox, so percentages may add up to more than 100%.

 

Type of Apartment
	Studio 2 4% 1 Bedroom 37 71% 2 Bedroom 11 21% 3 Bedroom 0 0% Other 2 4% People may select more than one checkbox, so percentages may add up to more than 100%.

Building-Unit

T03-1104Goldcrest Business Vistas Office 1403C-04Type F Tower 6 Unit -910A-1206Tower 6 Unit 910C-09_2415Tower B Unit 2012C-908c-309c240C-7, A1 & A2A -02unit 1315 tower 6Tower 2 1910C-01-111C-01-111b...

Location

Emirates CityEmirates CityEmirates CityEmirates CityEmirates CityEmirates Cityemirates cityEmirates CityEmirates Cityemirates cityemirates cityEmirates CityЭмират Ситиemirates cityEmirates Cityemira...

email

karena...@gmail.comsiparahmed@talktalk.n...@hotmail.comdrthomson80@hotmail.coms...@gmail.comdrthomosn80@hotmail.co...@hotmail.comsfjalil@googlemail.c...@gmail.co...

current residence

Dubai, UAELondon, UKKuwaitUAEUAEDubai,UAEdubai, uaeWoking, United KingdomUAEcanadaLondonукраинаbahrainLondon, UKU.A.EU.A.Edubai, uaeDubai, UAEOmanDubai, UAEUnited KingdomLondon, UKBahrainManama, Bah...

Cell phone

0044771744174400965-66506736+971507984953050 893204305079849530504660851+447921263274009715086412899999900973391207740044-7834350470050-3416617050-341661705065114590505586015+96899434426050 342 8523...

Alternative contact

NA06 7445783+441483824128613 736 80558888800973177507890044-2085778199040-3357457040-335745704312530004 344 5417please contact via email0097317600431+982188441999971 04 344 541797143374291gcdinvesto...

Discount Interested in
	Price Reduction 33 73% Furbished Apartment 13 29% Delayed Payment as per site progress 29 64% Increase features / quality 10 22% Other 8 18% People may select more than one checkbox, so percentages may add up to more than 100%.

 

Discount NOT Interested in
	Price Reduction 3 13% Furbished Apartment 15 63% Delayed Payment as per site progress 4 17% Increase features / quality 10 42% Other 5 21% People may select more than one checkbox, so percentages may add up to more than 100%.

 

Want to be part of group going to ETA
	YES 31 63% NO 18 37% People may select more than one checkbox, so percentages may add up to more than 100%.

Comments

Why dont you have Goldcrest Business Vistas in your list which was launched at the same time as Goldcrest Dreams 3 but before Goldcrest Dreams 4. This is a huge officetower completly sold to investors like myself with a high price per sqft starting at AED 510 per sqft. There are many investors here. Please list this as one of the your developments. Thanks. SiparPlease keep up the good work and let's put up a united front. Best regards, The most serious problem here is our inability to realise revenue from our investment. Any serious delay such as the one that has happened affects the...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Robert A D]

Thanks Rauf for sharing the investor opinions.
I find that there is a clash of interests between and as per contractual agreements of each project. That is gcd, gcd2 etc etc.
Further the delay in submitting, even the draft of the letter, defeats the forum cause. Such letter should have been submitted to ETA, before ETA got ARRA approval.
I suggest that each project handle seperately.

Comments welcome !

Best is yet to come .......

-----Original Message-----
From: Rauf Abdur <ar...@qualcomm.com>

Date: Mon, 7 Sep 2009 12:23:05
To: <gcdin...@googlegroups.com>
Subject: Responses so far

1.  There are currently 52 responses in total currently
2.  Almost Half of them have their contracts signed and the other half has not signed their contracts
3.  Most people do not have apartments with rental guarantee( lets reduce this as a focus for the time being)
4.  Goldcrest dreams and Gold Crest Dreams 3 are the major owners fo the apartments
5.  Majority of the owners own 1 bedroom apartments
6.  An overwhelming majority WANT a price reduction and some want delayed payments
7.  31 out of 52 people want to physically go to ETA with the letter
 
 
This is a very good sign and now we need to review the draft before it is finalised
 
 
52responses
Summary
Name

Karena L. GomesMr Sipar AhmedKhaan AdeelDaniel ThomsonSyed Shahid ImamDaniel ThomsonEugene de VilliersSyed Fattah JalilHaresh C Khatriamir mbillyKarsan?????????lynne scottPrashant Kapoormunmun namat...

Contract with ETA signed?

http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=0000e0&amp;chl=YES%20%5B24%5D%7CNO%20%5B28%5D&amp;chd=e%3Adiid

YES
24
46%

NO
28
54%
People may select more than one checkbox, so percentages may add up to more than 100%.
 

Contract with Rental Guarantee?

http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=ff9900&amp;chl=YES%20%5B8%5D%7CNO%20%5B24%5D%7Cno%20Contract%20signed%20%5B20%5D&amp;chd=e%3AJ2diYn

http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=dcca02&amp;chl=Studio%20%5B2%5D%7C1%20Bedroom%20%5B37%5D%7C2%20Bedroom%20%5B11%5D%7C3%20Bedroom%20%5B0%5D%7COther%20%5B2%5D&amp;chd=e%3ACdthNiAACd

Studio
2
4%

1 Bedroom
37
71%

2 Bedroom
11
21%

3 Bedroom
0
0%

Other
2
4%
People may select more than one checkbox, so percentages may add up to more than 100%.
Building-Unit
T03-1104Goldcrest Business Vistas Office 1403C-04Type F Tower 6 Unit -910A-1206Tower 6 Unit 910C-09_2415Tower B Unit 2012C-908c-309c240C-7, A1 & A2A -02unit 1315 tower 6Tower 2 1910C-01-111C-01-111b...
Location

Emirates CityEmirates CityEmirates CityEmirates CityEmirates CityEmirates Cityemirates cityEmirates CityEmirates Cityemirates cityemirates cityEmirates City?????? ????emirates cityEmirates Cityemira...
email
karena...@gmail.comsiparahmed@talktalk.n...@hotmail.comdrthomson80@hotmail.coms...@gmail.comdrthomosn80@hotmail.co...@hotmail.comsfjalil@googlemail.c...@gmail.co...
current residence
Dubai, UAELondon, UKKuwaitUAEUAEDubai,UAEdubai, uaeWoking, United KingdomUAEcanadaLondon???????bahrainLondon, UKU.A.EU.A.Edubai, uaeDubai, UAEOmanDubai, UAEUnited KingdomLondon, UKBahrainManama, Bah...

http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=0000e0&amp;chl=YES%20%5B31%5D%7CNO%20%5B18%5D&amp;chd=e%3AoeXg

[soundbubble]

Hello Robert AD,

We are going ahead with the letter as proposed and e-mailed to all of
us. Most have signed already by now. The more the merrier... :) Nobody
is obliged to join. Its a free world.
There is always a better solution to any and every current
situation... but its better to have a solution in hand, then no
solution and only discuss about a perfect solution that is in some
undefined distance... <grin>

I prefer to be part of this initiative and letter. Of course we all
strive to the perfect solution. But all to often, the 100% perfect
solution is almost impossible to be reached. Especially when taking a
group into account - in a democracy, there never is a 100% perfect
solution. 100% perfect solutions only exists in Kingdoms or
Dictatorships - and then of course - all depends on the point of
view . So we have to work for a 95% perfect solution (or whatever what
percentage - please do not start to comment on the value now
<smile>)... and move ahead. It then does not make sense to keep poking
into the 5% which are not perfect - and hence endangering the 95%
which would bring a substantial success.

Robert, it's all too easy to find flaws and mistakes. But its not so
easy to create better things, to improve. Its all too easy to destroy
something - much harder than building it up. It does not take a genius
to point out flaws and comment about mistakes. We all can do that. I
also could find issues in that letter, I could also find issues in a
letter written by you, or by anybody. Richelieu said to Luis XIV: Let
any noble man write one single sentence on a sheet of paper, and I
will be able to find a flaw in that one sentence to have him hanged...
(he said that its too easy to find mistakes... too easy)
It requires much more to improve the current situation, make things
better, actually produce things....

Of course, if there is a 97% or better solution available, then that
should be considered... but of course, only if the previous 95% are
not put at risk, and if the 97% really are better. But for that,
again, it requires the detailed better solution at hand, and then
again, every individual has the choice and option to decide. No need
to spread public opinion based on ones personal opinion.

In brief - yes, an individual letter for each project could be good -
maybe yes, maybe no. But the fact is that there is a letter to ETA
(for several projects) now which is being signed. And there is no
letter for each individual project. So lets not just talk negative but
put positive energy into the matter.

Greetings.

>  http://chart.apis.google.com/chart?cht=p&chs=345x150&chco=000...

>
> YES
> 24
> 46%
>
> NO
> 28
> 54%
> People may select more than one checkbox, so percentages may add up to more than 100%.
>  
>
> Contract with Rental Guarantee?
>

>  http://chart.apis.google.com/chart?cht=p&chs=345x150&chco=ff9...

>  http://chart.apis.google.com/chart?cht=p&chs=345x150&chco=dcc...

>
> Studio
> 2
> 4%
>
> 1 Bedroom
> 37
> 71%
>
> 2 Bedroom
> 11
> 21%
>
> 3 Bedroom
> 0
> 0%
>
> Other
> 2
> 4%
> People may select more than one checkbox, so percentages may add up to more than 100%.
> Building-Unit
> T03-1104Goldcrest Business Vistas Office 1403C-04Type F Tower 6 Unit -910A-1206Tower 6 Unit 910C-09_2415Tower B Unit 2012C-908c-309c240C-7, A1 & A2A -02unit 1315 tower 6Tower 2 1910C-01-111C-01-111b...
> Location
> Emirates CityEmirates CityEmirates CityEmirates CityEmirates CityEmirates Cityemirates cityEmirates CityEmirates Cityemirates cityemirates cityEmirates City?????? ????emirates cityEmirates Cityemira...
> email

> karena.go...@gmail.comsiparahmed@talktalk.netkhanad...@hotmail.comdrthomson80@hotmail.comsyedshahidi...@gmail.comdrthomosn80@hotmail.comarchig...@hotmail.comsfjalil@googlemail.comshjdxb2...@gmail.co...

> current residence
> Dubai, UAELondon, UKKuwaitUAEUAEDubai,UAEdubai, uaeWoking, United KingdomUAEcanadaLondon???????bahrainLondon, UKU.A.EU.A.Edubai, uaeDubai, UAEOmanDubai, UAEUnited KingdomLondon, UKBahrainManama, Bah...
> Cell phone

> 0044771744174400965-66506736+971507984953050 893204305079849530504660851+44792126327400971508641289999990097339120774004 4-7834350470050-3416617050-341661705065114590505586015+96899434426050 342 8523...

>  http://chart.apis.google.com/chart?cht=p&chs=345x150&chco=000...

[Robert A D]

I have yet to see the letter.
Where is it. ?

Best is yet to come .......

-----Original Message-----

From: soundbubble <viturin...@gmail.com>

Date: Tue, 8 Sep 2009 02:24:48
To: <gcdin...@googlegroups.com>
Subject: Re: Responses so far

>  http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=000 <http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=000> ...

>
> YES
> 24
> 46%
>
> NO
> 28
> 54%
> People may select more than one checkbox, so percentages may add up to more than 100%.
>  
>
> Contract with Rental Guarantee?
>

>  http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=ff9 <http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=ff9> ...

>  http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=dcc <http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=dcc> ...

>  http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=000 <http://chart.apis.google.com/chart?cht=p&amp;chs=345x150&amp;chco=000> ...

[Robert A D]

Mr Soundbubble,

Your comments are not in context and line with situation at hand. Hence the same are ignored.

Where is the question of finding flaws ? When I have not seen the letter yet.

I hope the data being collected from the investors is not missused. Who are the persons having complete data ( including the confidential part ). All would like to know the names and their contact details

I know you will term the above para as negative. For us its a matter of concern.

The idea of the forum is to pool in the opinions of all - negative or positive, however bitter or sweet. And then come to a conclusion and act.
Good LUCK !

[Salim Chohan]

can i have the copy of the letter being discussed..............please
 salim at .........duba...@hotmail.com
> Date: Mon, 7 Sep 2009 19:24:48 -0700

> Subject: Re: Responses so far

> From: viturin...@gmail.com
> To: gcdin...@googlegroups.com

[lpscott]

Hi there, the problem with my e mail is sorted, would you
please resend the letter for me to sighn.
Thankyou Lynne Scott

[Sergio Michos]

Hello,   Could you please send the letter to me? I have not received it.   Thanks   Sergio --- On Tue, 9/8/09, lpscott <lps...@batelco.com.bh> wrote:

[soundbubble]

Hi Salim,

please fill-in your data here and you will be sent the letter. Approx
50 people have signed already.

http://spreadsheets.google.com/viewform?formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..


Thank you.

JP

On Sep 8, 10:00 pm, Salim Chohan <dubai...@hotmail.com> wrote:
> can i have the copy of the letter being discussed..............please

>  salim at .........dubai...@hotmail.com

>
>
>
>
>
> > Date: Mon, 7 Sep 2009 19:24:48 -0700
> > Subject: Re: Responses so far

> > From: viturin.doer...@gmail.com

> _________________________________________________________________
> With Windows Live, you can organize, edit, and share your photos.http://www.microsoft.com/middleeast/windows/windowslive/products/phot...

[soundbubble]

Dear Lynne - the letter will be sent today or tomorrow - thanx for
informing us.

JP

[soundbubble]

Dear Sergio,

please enter your appartment data, etc. here, and you will be sent the
letter.

http://spreadsheets.google.com/viewform?formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..

Approx 50+ people have signed already.

Regards,
--JP

On Sep 8, 10:47 pm, Sergio Michos <sergio_in...@yahoo.com> wrote:
> Hello,
>  
> Could you please send the letter to me? I have not received it.
>  
> Thanks
>  
> Sergio
>

> --- On Tue, 9/8/09, lpscott <lpsc...@batelco.com.bh> wrote:

[Rauf, Abdur]

Folks any update on the letter we sent to GCD

 

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of Rauf, Abdur
Sent: 07 September 2009 13:23
To: gcdin...@googlegroups.com
Subject: Responses so far

 

1.  There are currently 52 responses in total currently

[Salim Chohan]

WHAT TO DO NEXT
SALIM 0504736099
 

---

From: ar...@qualcomm.com
To: gcdin...@googlegroups.com
Date: Sun, 25 Oct 2009 05:46:20 -0700
Subject: RE: Responses so far

[Salim Chohan]

WHAT TO DO NEXT
SALIM 0504736099
 

---

From: ar...@qualcomm.com
To: gcdin...@googlegroups.com
Date: Sun, 25 Oct 2009 05:46:20 -0700
Subject: RE: Responses so far

[sfj...@googlemail.com]

The obvious answer is to make a class action legal case

The are obviously not going to do anything untill they are forced to.

Which makes me angry because if they had just bothered to talk to us , then this could be avoided

However the terms on there contract are clear ( at least for GCD1): if they cannot give us the properties by the end of ApriL 2010 then they will have to give us our money back.

The defence of force majeur is spurious. The has not been any interruption of electricity supply as there never was any supply in the first place. (I have had this checked out by a use lawyer).

They will not do anything until we threaten legal action
Syed jalil

Sent from my BlackBerry® wireless device

---

From: Salim Chohan <duba...@hotmail.com>

Date: Sun, 25 Oct 2009 17:43:32 +0000

To: <gcdin...@googlegroups.com>

[ADMIN GCD investors group]

from ADMIN

 UAE/AJMAN  HAS NO CLASS ACTION --as far as i know of nor do precendts work in the uae legal system. Please ensure that IF there is a class action we may be able work things out .

 

>>However the terms on there contract are clear ( at least for GCD1): if they cannot give us the >>properties by the end of ApriL 2010 then they will have to give us our money back.

i WOULD SUGGEST YOU RE RE READ IN TERMS OF THE long stop date that IS THEIR ESCAPE CLAUSE .

 

i KNOW YOU MAY BE outraged but re read your contract i my self am seeking an escape clause to get out of this mess .

 

For GCD 1  lets work on brand equity and naming and shaming these people and lets talk to the media. Let us make the media our friend and ally .

>>They will not do anything until we threaten legal action

Let us work on this let the forum members decide on legal action to make it cost effective

 

 

ADMIN
gcd investors forum

[V. (Sam) Saravanan]

Hickesh,

 

I have tried calling as well; no one seems to picking up.

 

Friends,

 

Has anyone else gotten hold of Star-Giga lately on the GCD-1 project.

 

April is very close and per the contract they have to refund our money + interest if they do not hand over the property.  Properties in Dubai are protected by RERA, what is available under Ajman law.  I personally would like to get rid of my property even if I have to sell it for a loss.

 

Thanks,

Sam

 

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar
Sent: Tuesday, January 26, 2010 4:03 PM
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

 

does anybody know what is happening with goldcrest dreams 1.
 
I cannot get hold of anyone at eta to give me a progress update?
 
Regards
 
Mr Hickesh
 

---

From: duba...@hotmail.com
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

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[Mehdi Matthew Khazeni-Rad]

Has anyone been to their new office in Sheikh Zayed Road?
 
Perhaps it is worth going there personally and seeing if anyone will see you with regards to the latest project updates?
 
As for selling it - I dont think anyone will buy, Dubai is struggling with built property let alone off plan units in Ajman, nobody will want them.
 
Regards

MEHDI MATTHEW KHAZENI-RAD

 

BAHRAIN: ATKINS. MANAMA. BAHRAIN PO.BOX 5668. MOBILE + 973 36300518

 

ENGLAND: THE OLD COACH HOUSE. 20D CRAG BANK RD. CRAG BANK. CARNFORTH. LANCASHIRE. LA5 9EH. ENGLAND

 

---

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:11:58 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

[Adeel Khan]

Even I have tried but no response any one from Dubai here ?
 

---

From: mkhaz...@hotmail.com

To: gcdin...@googlegroups.com
Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 12:14:23 +0000

Hotmail: Free, trusted and rich email service. Get it now.

[gopi bezzala]

im from kuwait and am visiting dubai feb 4th. i have a gdcrest dreams property ...can anyone be kind enuff to meet with me and tell me what the hell is going on???

[V. (Sam) Saravanan]

Guys,

 

Just got hold of one Mr. Shakeel at Giga; new number is 04 330 7640; very unprofessional response.

 

He stated that the tower C is in 14^th floor; construction is going on but very slowly; I asked about my right for refund as at April; he said that they have the right to delay for 2 years due to Force Majeure.  I told him to not bullshit with me as I work in Legal and I know what Force Majeure is; further there is no formal notification from Star Giga on the FM till date. He asked me to send an email to: c...@stargiga.ae.  He was not willing to discuss on phone any further, that slimy weasel; not sure if he would sing the same song if he had invested his hard earned money….

 

In the end I believe they are going to bull shit us and delay everything to their convenience.

 

I will send a formal and detailed email and will see what they respond to.

 

 

Regards,

Sam

---

[Mehdi Matthew Khazeni-Rad]

everyone must understand that even if they ever build these towers, there is still no infrastructure in place to support them as in power suppliers, sewerage etc. So the are buildings that will be no use even if they ever get built!
 
someone needs to speak to management at Star Giga but no one can ever get past this first line of people who keep giving us lies.

MEHDI MATTHEW KHAZENI-RAD

 

BAHRAIN: ATKINS. MANAMA. BAHRAIN PO.BOX 5668. MOBILE + 973 36300518

 

ENGLAND: THE OLD COACH HOUSE. 20D CRAG BANK RD. CRAG BANK. CARNFORTH. LANCASHIRE. LA5 9EH. ENGLAND

 

---

From: blackwoo...@hotmail.co.uk

To: gcdin...@googlegroups.com
Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 12:23:29 +0000

I have just got hold of one of the staff on 050 261 3500.
 
he just told me that escrow is still not opened, construction is very slow, they are up to the 14th floor.
 
he cannot tell me anything more than this.
 
he told me to put my concerns on an email to c...@stargiga.ae.
 
the man does not fill me with any confidence at all.
 
I am very worried about this project.
 
 
Regards
 
Mr Hickesh
 

---

From: khan...@hotmail.com

To: gcdin...@googlegroups.com
Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 12:19:11 +0000

Not got a Hotmail account? Sign-up now - Free

[Adeel Khan]

I have trust on GCD but its seem they are losing it now
I am from Kuwait too . Please be in touch all Kuwait members my numb is 6-6506736
 
 

---

Date: Tue, 26 Jan 2010 15:21:19 +0300

Subject: Re: Responses so far

From: bez...@gmail.com
To: gcdin...@googlegroups.com

Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. Sign up now.

[Hashim Hussain]

Hey Guys,
The last I read on an email was that Gold Crest project was handed over to another developer.

They were getting in touch with all the investors and asking if they(investors) are still interested in the project finishing.
That this new developer had already opened an escrow account.
For all I know, this could all be a hoax.
My bberry crashed so I don't have that email anymore.

Not sure if anyone else received similar email and saved it.

Does this mean all our hard earned money that we have paid so far is all gone?

Hashim

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

---

From: Adeel Khan <khan...@hotmail.com>

Date: Tue, 26 Jan 2010 12:29:34 +0000

[V. (Sam) Saravanan]

Gents:

 

Those of you who have

1)     some legal experience

2)     aware of Ajman property laws

3)     aware of Ajman civil laws

 

PLEASE OWN UP AND HELP US ALL TO HELP EACH OTHER.

 

I am willing to help with contract interpretation; but my knowledge of Ajman law is nil.

 

April 2010 is very close; so if we miss this opportunity to withdraw our money; we are screwed.

 

 

Thanks,

Sam

---

[V. (Sam) Saravanan]

Meeting face to face will be great but all of us are busy so we may not have time to travel and meet (some of you may be out of Dubai).

 

Alternative suggestion would be group up in Yahoo or MSN messenger and chat for solutions.

 

My gut feel is that Star Giga will refuse to meet or we will just meet with some low level asshole who is paid to lie.

 

 

 

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar
Sent: Tuesday, January 26, 2010 4:43 PM
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

 

I agree with Sam.
 
also it would be good if some of us could meet up in Dubai in maybe a month from now and visit star giga to get some answers.
 

---

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:40:43 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

We want to hear all your funny, exciting and crazy Hotmail stories. Tell us now

===============================
CONFIDENTIAL & PRIVILEGED COMMUNICATION

The information contained in this message is privileged, confidential, and protected from disclosure.
This message is intended for the individual or entity addressed herein. 
If you are not the intended recipient, please do not read, copy, use or disclose this communication to others. 
Also please notify the sender by replying to this message, and then delete it from your system. 
The sender totally disclaims, and will not accept, any responsibility or liability for the unauthorized use, 
or the consequences of any unauthorized use, of this communication or message.

[gopi bezzala]

i'll be in dubai feb 4th. anyone care to meet me and discuss things? we need to take action!!!!! enough words already!

On Tue, Jan 26, 2010 at 3:43 PM, hickesh parmar <blackwoo...@hotmail.co.uk> wrote:

I agree with Sam.
 
also it would be good if some of us could meet up in Dubai in maybe a month from now and visit star giga to get some answers.

---

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:40:43 +0400

---

We want to hear all your funny, exciting and crazy Hotmail stories. Tell us now

[V. (Sam) Saravanan]

Sorry, but I clicked send accidentally.

 

Continued………….

Recommendation is to hire a good lawyer in Ajman (and promise him a share of the recovery) and take this legally to see if we can get our money + the interest in contract (3%) back in April 2010.  Understand that each of us need to take it individually; but if we can go together to a lawyer, he will see the benefit of the volume business.  I am willing to part with 25% of the paid funds if I can get the refund – I can put the money to better usage.

 

---

From: V. (Sam) Saravanan
Sent: Tuesday, January 26, 2010 4:46 PM
To: 'gcdin...@googlegroups.com'
Subject: RE: Responses so far

 

Meeting face to face will be great but all of us are busy so we may not have time to travel and meet (some of you may be out of Dubai).

 

Alternative suggestion would be group up in Yahoo or MSN messenger and chat for solutions.

 

My gut feel is that Star Giga will refuse to meet or we will just meet with some low level asshole who is paid to lie.

 

 

 

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar
Sent: Tuesday, January 26, 2010 4:43 PM
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

 

I agree with Sam.

 
also it would be good if some of us could meet up in Dubai in maybe a month from now and visit star giga to get some answers.
 

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:40:43 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

We want to hear all your funny, exciting and crazy Hotmail stories. Tell us now

===============================
CONFIDENTIAL & PRIVILEGED COMMUNICATION

The information contained in this message is privileged, confidential, and protected from disclosure.
This message is intended for the individual or entity addressed herein. 
If you are not the intended recipient, please do not read, copy, use or disclose this communication to others. 
Also please notify the sender by replying to this message, and then delete it from your system. 
The sender totally disclaims, and will not accept, any responsibility or liability for the unauthorized use, 
or the consequences of any unauthorized use, of this communication or message.

[V. (Sam) Saravanan]

Hikesh,

 

I will join you; I will PM you my contacts.

 

 

Regards,

Sam

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar
Sent: Tuesday, January 26, 2010 4:50 PM
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

 

 the 4th is too short notice for me, but i will be going to star giga on the 25th feb if anybody wants to join me.

---

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:47:52 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

[Viturin Doering]

Hi all,

I fully agree with Sam. There is no use to try to contact ETA again, to visit them, etc. and to receive more empty and Bull-Shit (i.e. Force Majeure) replies!!!

Yes, we have to take a good lawyer. And me too, I agree to give some to the lawyer. The point with volume business is correct. He has the same amount of work since its the same case, but more volume.

Since I am not in Dubai and don't have any business trip planned to there, I can't make it, but I support you in whatever way you might need my help. I only know one law firm in Dubai (a foreign one, not cheap, but very professional), but I cannot say how good they are in regards to the Ajman issues. They would employ a local lawyer for these issues I guess, and I guess they have their ways to follow up... their contact is:

DLA Piper Middle East LLP
PO Box
Level 6, Building 6
Emaar Square
Downtown Burj Dubai
PO Box 121662 Dubai
United Arab Emirates
+971 4 438 6100
www.dlapiper.com

I know one of the partners there and could pass the contact to Sam or directly contact him on our behalf. But maybe its better we also evaluate other contacts and see which one is better.

Regards,
--Jean-Philippe Charpentier (JPC)

[Omer Shoaib]

Hi,

 

Any one having update for GCD-2.?

 

BR/ Omer

[V. (Sam) Saravanan]

Guys,

 

JP has hit the nail spot on (once again). Thank you JP.

 

Who all want to hire a lawyer and get their money back, email me confirming this (appreciate your confirmation before end of this month); we can then evaluate the total number of participant and then approach a good (but expensive) lawyer on the basis of volume discounts.  I will also ask my Company to see if they can recommend any good local law firm.

 

 

Best regards,

Sam

 

---

[V. (Sam) Saravanan]

Omer,

 

Call Shakeel + 971 4 330 7640;, he will update you on the project progress but will give you all bullshit thereafter.  Just get the update and hang up.

 

 

Regards,

Sam

│ www.weatherford.com

---

[Syed Jalil]

I also totally agree with Sam and Jean Phillipe. Star-Giga are absolutely liable under law (Force Majeur is total bullshit) for this after April and the only way we are  going to get any of our money back is by taking legal action. This will obviously cost us but we should get a good proportion of the money back. Also if we do this as group then it is more likely to happen quicker and with less cost to us.

Additionally we may be able to get Star Giga to pay out costs.

If no-one else is going to do anything I will probably do this by myself. I have had a lawyer check the documents and he does agree that Force Majeur can not be applied in this circumstance.

Syed

[V. (Sam) Saravanan]

Syed,

 

Can you recommend the contacts of your lawyer.

 

I would recommend that we gather some momentum on this and by 1^st Feb get a list of people who are willing to go the legal path.  Then we can fight this battle unitedly.

 

As for me, I commit to fully support to the extent my mandatory business travels permits.

 

Best regards,

Sam

 

---

[V. (Sam) Saravanan]

Please fill up your details in the below format for those of you who want to go the legal way.

 

I will keep track of all emails and 31^st Jan will be the cut-off date.

 

1)     Venkataraman Saravanan; GCD-1, Tower C, Unit 401 (Cell: 050 558 6015)

 

If you are not comfy putting your cell on public, please PM me on venkatarama...@me.weatherford.com

 

In the mean-time, I will follow-up on

 

1) formally communicating with Star Giga on my intentions to withdraw my funds + interest in April 2010 to see what they respond; this will help us build our legal case; I will cite all their unprofessionalism and lack of response, and sick excuses ( such as they have not updated my email after I asked them to do it on at-least 4 written occasions and now say that they have been sending updates to my old email address – a bunch of liars) in my letter.

 

2) Working with other members of this team to identify suitable legal firms.

 

 

Regards,

Sam

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar
Sent: Tuesday, January 26, 2010 5:18 PM
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

 

i would like to get a lawer and get my money back.
 
count me in.
 

---

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 17:14:38 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

Not got a Hotmail account? Sign-up now - Free

===============================
CONFIDENTIAL & PRIVILEGED COMMUNICATION

The information contained in this message is privileged, confidential, and protected from disclosure.
This message is intended for the individual or entity addressed herein. 
If you are not the intended recipient, please do not read, copy, use or disclose this communication to others. 
Also please notify the sender by replying to this message, and then delete it from your system. 
The sender totally disclaims, and will not accept, any responsibility or liability for the unauthorized use, 
or the consequences of any unauthorized use, of this communication or message.

[drtho...@hotmail.com]

Count me and rawan in sam

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

---

From: "V. (Sam) Saravanan" <Venkatarama...@me.weatherford.com>

Date: Tue, 26 Jan 2010 17:19:35 +0400

[V. (Sam) Saravanan]

Guys,

 

Can someone please take the mantle on identifying any other projects Giga has delivered in Dubai or elsewhere in the same timeframe; we can then claim that they used our money to offeset another project for financial interests and are now delaying our project.

As u can c; just trying to gather the facts for a stronger case.

 

Thanks,

Sam

---

[Syed Jalil]

The lawyer that I have used is based in the UK. He is a friend of my brother and is corporate lawyer who has done work in UAE and had is familiar with the UAE legal system. This guy informed me that "Force Majeur" can only be applied in cases where the infrastructure already exists - not when it has never existed. He also said that Star-Giga will be liable after the long stop date.

I have contacted some lawyers in the UAE but have not confirmed with them whether or not he believed that we had a case because I felt that it was too early.

The Lawyer that I have had discussions with is:

Shehab Abdullah at the Advocates:

The Advocates Office 704, Grosvenor House Commercial Tower, Sheikh Zayed Road, P.O. Box 288 Dubai, U.A.E.  Tel.: +971 4 3298288 Fax: +971 4 3298688 E-mail: in...@theadvocates.ae

Last time I discussed the matter with him he said that it would take about six months to sort out the problem. Although I would  initially have had to pay 2400AED to get their opinion of our Legal position before proceeding. So I decided to delay this until the long stop date and to see if Star-Giga were going to do anything to meet us halfway.

Regards Syed 

[gopi bezzala]

count me in as well.

gopi bezzala from kuwait. it's time we screw these sonsaguns! somebody send me lawyer details and whatever. we need to get the ball rolling asap! enough bullshit already!

[Syed Shahid Imam]

Hi All,

 

First of all, please count me in if we decide to go the legal way together.

 

I had been to Giga Star office around 2 months back with another investor (Mr. Ahmed) and met a gentleman called Aslam. No specific words at all." It will happen ...and we are very soon going to open the escrow account. Construction is on, although slow". When we told him that we have been to the site and there is no movement..there was no answer except a smile.

 

Anyways, I spoke to him on his mobile last ( 050 1872425)  week  and this time he informed that they have to re-start the process of opening escrow account as the time given by ARRA has elapsed.

 

I would suggest if we could meet in Dubai ( for those for whom it is possible), we can discuss & take it forward. Please let me know.

 

Shahid

 

 

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--
Syed Shahid Imam

[Syed Shahid Imam]

Hi Venkat,

 

My details are as follows:

 

Syed Shahid Imam, GCD 1, Tower A, 1206 and my mobile number is 050 8932043.

 

Best wishes,

 

Shahid

Syed Shahid Imam

[Yegi]

I'm in also if we agree for a meeting

On Tue, Jan 26, 2010 at 4:43 PM, hickesh parmar <blackwoo...@hotmail.co.uk> wrote:

I agree with Sam.
 
also it would be good if some of us could meet up in Dubai in maybe a month from now and visit star giga to get some answers.

---

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:40:43 +0400

---

We want to hear all your funny, exciting and crazy Hotmail stories. Tell us now

--
You received this message because you are subscribed to the Google Groups "gcdinvestor" group.
To post to this group, send email to gcdin...@googlegroups.com.
To unsubscribe from this group, send email to gcdinvestor...@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/gcdinvestor?hl=en.

--
Yeganeh

[lpscott]

Dear All,
I would like to do the lawyer as well, am prepared to pay
abit to get out of this crazy mess we are all in.
My apart. is in goldcrest 4
Please keep me posted,
Thankyou Lynne Scott

[Ann Stephenson]

Lynne - my apartment is in Goldcrest 4 also. I didn't sign the contract, so not sure if I have a legal leg to stand on or not. I would like to get at least some of my money back

Ann

>>> "lpscott" <lps...@batelco.com.bh> 01/26/10 10:03 PM >>>

--

[ehsan mivehchi]

Dear Guys

I am an investor in GC smart towers in Ajman.

Please count me in for getting a lawyer.

I have invested over 18 months ago with no action yet from GC in starting the building.

 

Please have me updated if you are taking any consolidated action.

 

Thanks Ehsan Mivehchi (Iran)

 

 

 

 

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of Syed Shahid Imam

Sent: Tuesday, January 26, 2010 8:26 PM
To: gcdin...@googlegroups.com

[kh]

Dear Mr. Venkataraman,

 

I have invested in GCD 1, C block, flat 908 and i would be interested in the legal way.

My mobile no is 050-8641289 (Haresh C khatri)

 

Thanks and regards

[Syed Shahid Imam]

Sam,

 

a large number of people are eager to get involved in legal action. Please join hands & do something.

Shahid

Syed Shahid Imam

[V. (Sam) Saravanan]

Shahid,

I have reviewed all the articles and have set up a meeting with my company lawyer at 1 today; I will consult breach of Buyer and Force Majeure provisions and my proposed letter with him as well and will forward the letter to giga today.

I will also forward the list of personnel who have agreed for legal action. We then need to nominate a few action parties who will join us for lawyer selection and giga meetings.

Sorry about the delay, but as you know I was running a spate of ill health.


Regards,
Sam
This message was sent using a Blackberry device

---

From: gcdin...@googlegroups.com <gcdin...@googlegroups.com>
To: gcdin...@googlegroups.com <gcdin...@googlegroups.com>
Sent: Tue Feb 02 22:32:29 2010
Subject: Re: ACTION PLAN - WAY FORWARD.

[Doering Viturin]

Hi all,

I just got important insider info from a person related to the company building the power plant:

They say: It is not going to happen...

So power may be an additional problem.

JPC

--------------------------

On 03.02.2010, at 05:16, hickesh parmar <blackwoo...@hotmail.co.uk> wrote:

i have just been looking on the ETA Star website and Goldcrest Dreams 1 has been taken off. Even the pictures for "under Construction" have been taken down.
 
I sent an email to the CRM last week and they have not even bothered to respond.
 
Now im starting to panic!
 
Mr Hickesh
 

---

Date: Tue, 2 Feb 2010 22:32:29 +0400
Subject: Re: ACTION PLAN - WAY FORWARD.
From: syedsha...@gmail.com
To: gcdin...@googlegroups.com

[Prashant Kapoor]

Hi...I think it's time we stop talking n start taking some action..Can't just sit here n keep commenting coz that's exactly we all have been doing since almost a year now..Pls I request all the GCD investors who are based in Dubai or UAE to be bit more proactive n visit the office to talk to the Boss n not it's robots who are programmer to lie n make excuses..I am in UK n unfortunately can only contribute with restricted access...but am with all you guys in this n ready to go ahead n take legal action

Contact me if you think we can share things n come up with a better idea to come out of this mess...

Prashant Kapoor

0044-7834350470

Sent from my iPhone

On 3 Feb 2010, at 03:21 AM, "V. (Sam) Saravanan" <Venkatarama...@me.weatherford.com> wrote:

Shahid,

I have reviewed all the articles and have set up a meeting with my company lawyer at 1 today; I will consult breach of Buyer and Force Majeure provisions and my proposed letter with him as well and will forward the letter to giga today.

I will also forward the list of personnel who have agreed for legal action. We then need to nominate a few action parties who will join us for lawyer selection and giga meetings.

Sorry about the delay, but as you know I was running a spate of ill health.


Regards,
Sam
This message was sent using a Blackberry device

---

From: gcdin...@googlegroups.com <gcdin...@googlegroups.com>
To: gcdin...@googlegroups.com <gcdin...@googlegroups.com>
Sent: Tue Feb 02 22:32:29 2010

Subject: Re: ACTION PLAN - WAY FORWARD.

Sam,

On Tue, Jan 26, 2010 at 8:47 PM, V. (Sam) Saravanan <Venkatarama...@me.weatherford.com> wrote:

Sorry, but I clicked send accidentally.
 
Continued………….
Recommendation is to hire a good lawyer in Ajman (and promise him a share of the recovery) and take this legally to see if we can get our money + the interest in contract (3%) back in April 2010.  Understand that each of us need to take it individually; but if we can go together to a lawyer, he will see the benefit of the volume business.  I am willing to part with 25% of the paid funds if I can get the refund – I can put the money to better usage.
 

From: V. (Sam) Saravanan
Sent: Tuesday, January 26, 2010 4:46 PM

To: 'gcdin...@googlegroups.com'
Subject: RE: Responses so far

 

Meeting face to face will be great but all of us are busy so we may not have time to travel and meet (some of you may be out of Dubai).

 

Alternative suggestion would be group up in Yahoo or MSN messenger and chat for solutions.

 

My gut feel is that Star Giga will refuse to meet or we will just meet with some low level asshole who is paid to lie.

 

 

 

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar
Sent: Tuesday, January 26, 2010 4:43 PM

To: gcdin...@googlegroups.com
Subject: RE: Responses so far

 

I agree with Sam.

 
also it would be good if some of us could meet up in Dubai in maybe a month from now and visit star giga to get some answers.
 

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:40:43 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

Gents:

 

Those of you who have

1)     some legal experience

2)     aware of Ajman property laws

3)     aware of Ajman civil laws

 

PLEASE OWN UP AND HELP US ALL TO HELP EACH OTHER.

 

I am willing to help with contract interpretation; but my knowledge of Ajman law is nil.

 

April 2010 is very close; so if we miss this opportunity to withdraw our money; we are screwed.

 

 

Thanks,

Sam

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of Hashim Hussain

Sent: Tuesday, January 26, 2010 4:38 PM
To: GCD Group

Subject: Re: Responses so far

 

Hey Guys,

The last I read on an email was that Gold Crest project was handed over to another developer.

They were getting in touch with all the investors and asking if they(investors) are still interested in the project finishing.
That this new developer had already opened an escrow account.
For all I know, this could all be a hoax.
My bberry crashed so I don't have that email anymore.

Not sure if anyone else received similar email and saved it.

Does this mean all our hard earned money that we have paid so far is all gone?

Hashim

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

---

From: Adeel Khan <khan...@hotmail.com>

Date: Tue, 26 Jan 2010 12:29:34 +0000

To: <gcdin...@googlegroups.com>

Subject: RE: Responses so far

 

I have trust on GCD but its seem they are losing it now

I am from Kuwait too . Please be in touch all Kuwait members my numb is 6-6506736
 
 

---

Date: Tue, 26 Jan 2010 15:21:19 +0300

Subject: Re: Responses so far

From: bez...@gmail.com
To: gcdin...@googlegroups.com

im from kuwait and am visiting dubai feb 4th. i have a gdcrest dreams property ...can anyone be kind enuff to meet with me and tell me what the hell is going on???

On Tue, Jan 26, 2010 at 3:19 PM, Adeel Khan <khan...@hotmail.com> wrote:

Even I have tried but no response any one from Dubai here ?
 

---

From: mkhaz...@hotmail.com

To: gcdin...@googlegroups.com
Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 12:14:23 +0000

Has anyone been to their new office in Sheikh Zayed Road?
 
Perhaps it is worth going there personally and seeing if anyone will see you with regards to the latest project updates?
 
As for selling it - I dont think anyone will buy, Dubai is struggling with built property let alone off plan units in Ajman, nobody will want them.
 
Regards

MEHDI MATTHEW KHAZENI-RAD

 

BAHRAIN: ATKINS. MANAMA. BAHRAIN PO.BOX 5668. MOBILE + 973 36300518

 

ENGLAND: THE OLD COACH HOUSE. 20D CRAG BANK RD. CRAG BANK. CARNFORTH. LANCASHIRE. LA5 9EH. ENGLAND

 

Subject: RE: Responses so far

Date: Tue, 26 Jan 2010 16:11:58 +0400
From: Venkatarama...@me.weatherford.com
To: gcdin...@googlegroups.com

Hickesh,

 
I have tried calling as well; no one seems to picking up.
 
Friends,
 
Has anyone else gotten hold of Star-Giga lately on the GCD-1 project.
 
April is very close and per the contract they have to refund our money + interest if they do not hand over the property.  Properties in Dubai are protected by RERA, what is available under Ajman law.  I personally would like to get rid of my property even if I have to sell it for a loss.
 

Thanks,
Sam
 

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of hickesh parmar

Sent: Tuesday, January 26, 2010 4:03 PM
To: gcdin...@googlegroups.com

Subject: RE: Responses so far

 
does anybody know what is happening with goldcrest dreams 1.
 
I cannot get hold of anyone at eta to give me a progress update?
 
Regards
 
Mr Hickesh
 

---

From: duba...@hotmail.com
To: gcdin...@googlegroups.com
Subject: RE: Responses so far

Date: Tue, 8 Sep 2009 14:00:46 +0000

can i have the copy of the letter being discussed..............please

 salim at .........duba...@hotmail.com
> Date: Mon, 7 Sep 2009 19:24:48 -0700

> Subject: Re: Responses so far

--
Syed Shahid Imam

[Doering Viturin]

Dear Prashant,

Don't worry, we are preparing a joint action. Yesterday I got infofrom another group of investors who also is preparing legal action. I will try to join the two groups together as to increase our force.

Furthermore I got the info that the company who is supposed to build the Power Plant for the Ajman projects, said that "it will not happen...". So there might be a bigger fault (not on outside) in the fact that there would not be any power supply for the entire project. We hall exploit this with our lawyers and keep all of you investors who sent their details to Sam included (details UAE to include complete name, building + appartment number as well as the phone number. Those of you who prefer not to send the phone number and email to the forum may send it to sam's personal email which you can find in this thread.

I suggest not to waste time o go to there office - no use. We have are prepaing the legal way now and will proceed as that. We are not wasting

More time now. Be reassured.

Regards,

Jean-Phillippe Charpenter (JPC)

--------------------------

[V. (Sam) Saravanan]

Folks,

 

Just finished off my meeting with my company lawyer (just free consultation, he will not represent us in Ajman); a few points from this meeting / his input (PS: don’t shoot me, I am just the messenger).

 

FIRSTLY: GCD1, 2, 3, 4 and /or any other development needs to be evaluated on the merits and demerits of its contract; my contract is for GCD 1 and this is what I ran by my lawyer; persons of other projects need to evaluate their contractual position on its merits and demerits (i.e. what it contains as contractual liabilities / protection). I will be glad to pass on a copy of my contract, lawyer contacts (once we finalize the lawyer) and the findings and we can stay in loop and help each other.  People with no signed contracts; there is very little to hold on; one question my lawyer had was if there are no signed contracts; on what basis has the payment been made so far?

 

1) Force Majeure is not applicable; since the Agreement does not define FM, the definition is automatically from Civil law; it does not cover slow progress, economic downturn or the like.  Further, Force Majeure must be notified in writing as and when it occurs with a full plan and time-line on resolution; just trying to use FM as an excuse to delay for 2 years will not work / be accepted in any court.

 

2) Our right to recover funds after April 2010 (Ultimate Stop Date) with interest per the contract is correct.  Further, we are entitled to interest as of Jan 2010. I will cover this in my letter to Giga as well.

 

3) We have the right to pull out of the contract at anytime (Art 8.6) if we agree to forego 30% of all payments. This can be another shortcut should the legal fees / proceedings be deemed to be in excess of 30% of what we have paid so far.

 

3) I will get recommendation of 2 good lawyers with experience in this sort of thing; from that point I would require a team to go meet the lawyer to decide the final one and agree upon the commercial aspects of taking this legally; further we need a team to go meet Giga.  Mr. Shahid has kindly volunteered; I am available subject to my mandatory business travels (if the schedule is flexible, count me in); I would request another 3 or 4 member to come up and volunteer.

 

Finally, I will send my letter draft to my lawyer who will review and comment prior to forwarding this to Giga.

 

Regards,

Sam

 

V. (Sam) Saravanan
Contracts Manager, Eastern Hemisphere
Contract Drilling
Weatherford │ PO Box 58014│ Dubai │ United Arab Emirates
Main: +971.4.312.5300 │ Direct: +971.4.312.5259 │ Fax: +971.323.5547 │ Cell: +971.50.558.6015
venkatarama...@me.weatherford.com │ www.weatherford.com

[drtho...@hotmail.com]

For people with unsigned contract whom have paid money surely. It can be argued that intent of payment forms a binding agreement, why else would we be paying money and deposit especialy since we were trying to amend the contract they issued which is full of holes. What's the lawyers thought on that?

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

---

From: "V. (Sam) Saravanan" <Venkatarama...@me.weatherford.com>

Date: Thu, 4 Feb 2010 09:06:22 +0400

To: <gcdin...@googlegroups.com>

Subject: RE: ACTION PLAN - WAY FORWARD.

[Silviu Bojica]

Thank you for information. It is what I was also thinking as being
correct, but I am glad to hear it from an authorized point of view
(that the force majeure cannot be claimed under existing circumstances
and after the ultimate stop date we are entitled to receive back our
investment + interest).

Therefore, please allow me to join the group and support the action plan.

My unit is in GCD1 - Unit # D1711 (tower C06 as per initial ads),
bought jointly with my wife.

Bellow are our contact details:

Silviu D. Bojica
Email: boj...@gmail.com
Mobile: 050 6344031

or

Tatiana Bojica
Email: tatiana...@gmail.com
Mobile: 050 8950547

Please keep us posted with next actions to take. FYI, we are living in
Sharjah, so we may participate in person to some of the meetings which
can follow.

Thank you,

Silviu D. Bojica

On Thu, Feb 4, 2010 at 9:06 AM, V. (Sam) Saravanan

--
Silviu D. Bojica

[V. (Sam) Saravanan]

Folks:

 

Attached is the letter (with the blessings of my company lawyer) I intent to send to Star Giga by courier by COB today, I will also email them a copy but as per the Agreement we need to send by a Registered Post, hence the courier. Please feel free to use this letter as you deem fit. (I have saved the file as RTF since various people use various versions of word).

 

I would like to kindly note that this letter has been written for GCD-1, other GCD users may have to modify the Article references and the dates to suit their respective Agreements.

 

 

GCD 1 Users: I would urge you all to use this template and request that you forward the letter to Star Giga ASAP.  Star Giga have 15 days from the date of the letter to respond and we can use this time to finalize our lawyer; I personally do not expect any action from Star Giga. 

 

Mr. Shahid is the only person who has volunteered so far, I would need another 3 or 4 persons to step up and help us lead this initiative; else Mr. Shahid and I can just take care of our own interests. 

 

Best regards,

Sam

 

---

From: V. (Sam) Saravanan

Sent: Wednesday, February 03, 2010 2:28 PM
To: 'gcdin...@googlegroups.com'

Subject: RE: ACTION PLAN - WAY FORWARD.

 

Folks,

 

Just finished off my meeting with my company lawyer (just free consultation, he will not represent us in Ajman); a few points from this meeting / his input (PS: don’t shoot me, I am just the messenger).

 

FIRSTLY: GCD1, 2, 3, 4 and /or any other development needs to be evaluated on the merits and demerits of its contract; my contract is for GCD 1 and this is what I ran by my lawyer; persons of other projects need to evaluate their contractual position on its merits and demerits (i.e. what it contains as contractual liabilities / protection). I will be glad to pass on a copy of my contract, lawyer contacts (once we finalize the lawyer) and the findings and we can stay in loop and help each other.  People with no signed contracts; there is very little to hold on; one question my lawyer had was if there are no signed contracts; on what basis has the payment been made so far?

 

1) Force Majeure is not applicable; since the Agreement does not define FM, the definition is automatically from Civil law; it does not cover slow progress, economic downturn or the like.  Further, Force Majeure must be notified in writing as and when it occurs with a full plan and time-line on resolution; just trying to use FM as an excuse to delay for 2 years will not work / be accepted in any court.

 

2) Our right to recover funds after April 2010 (Ultimate Stop Date) with interest per the contract is correct.  Further, we are entitled to interest as of Jan 2010. I will cover this in my letter to Giga as well.

 

3) We have the right to pull out of the contract at anytime (Art 8.6) if we agree to forego 30% of all payments. This can be another shortcut should the legal fees / proceedings be deemed to be in excess of 30% of what we have paid so far.

 

3) I will get recommendation of 2 good lawyers with experience in this sort of thing; from that point I would require a team to go meet the lawyer to decide the final one and agree upon the commercial aspects of taking this legally; further we need a team to go meet Giga.  Mr. Shahid has kindly volunteered; I am available subject to my mandatory business travels (if the schedule is flexible, count me in); I would request another 3 or 4 member to come up and volunteer.

 

Finally, I will send my letter draft to my lawyer who will review and comment prior to forwarding this to Giga.

 

Regards,

Sam

 

  

---

From: gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf Of V. (Sam) Saravanan

Sent: Wednesday, February 03, 2010 7:22 AM
To: gcdin...@googlegroups.com

[Karena Gomes]

Dear Sam and other GCD investors,

Thank you for sharing the well written letter. 

I received and e-mail from Star Giga on the 4th November 2009 that their office was moved to the below mentioned address.

Please confirm the whether Star Giga have moved to the new address or they are still located at Hamarain Center. 

_______________________________________

Customer Support Team

Star Giga Establishment Limited

Office #3 Mezzanine Floor,

Star Giga House, Next to Oasis Centre,

Sheikh Zayed Road, Between  2nd and 3rd Interchange.

PO Box: 29193, Dubai, United Arab Emirates

Phone: +971-4-3307640, Fax: +971-4-3307641

Website: www.stargiga.ae , Email: c...@stargiga.ae

_______________________________________

--Karena Gomes

[V. (Sam) Saravanan]

Dear Karena,

 

You are correct, this is my oversight; I recall receiving this email as well and will update the address.

 

Best regards,

Sam

 

 

V. (Sam) Saravanan
Contracts Manager, Eastern Hemisphere
Contract Drilling
Weatherford │ PO Box 58014│ Dubai │ United Arab Emirates
Main: +971.4.312.5300 │ Direct: +971.4.312.5259 │ Fax: +971.323.5547 │ Cell: +971.50.558.6015
venkatarama...@me.weatherford.com │ www.weatherford.com

[Prashant Kapoor]

Hello Sam,

Just wanted to say huge Thank You for taking this step and leading the way.We are all with you and hoping that we get out of this mess soon.

Prashant Kapoor

0044-7834350470

Goldcrest Dreams 2 Tower 2 Flat 1910
Sent from my iPhone

<star giga RTF.rtf>

[V. (Sam) Saravanan]

Guys,

 

Per some of your request, here it is with the corrected address and in MS word format.

 

 

Regards,

Sam

---

[Syed Shahid Imam]

Thanks Sam.

Shahid

--
Syed Shahid Imam

[Doering Viturin]

Good letter Sam!

I already asked my wife to adapt it to GCD-2 and courier it to them.

Can you also represent GCD-2 owners with your lawyer once finalized?

The dates (delivery date, long stop date, etc) are a bit later than yours. In our contract the handover date is in FEB 2010 and long stop date is AUG 2010 while the ultimate longstop date is NOV 2010. We will adapt the letter accordingly and courier it nevertheless. We will also check all article and clause numbers to be te same with our contract. They might differ from your contract. After adapted, we will post it in the forum as well.

We will also send you a scanned copy of our letter so in case we go te legal way, you already have our letter.

Thanx again!

JP   

--------------------------

[V. (Sam) Saravanan]

JP,

 

The lawyers are going to love the extra business.

 

Cheers,

Sam

---

===============================
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This message is intended for the individual or entity addressed herein. 
If you are not the intended recipient, please do not read, copy, use or disclose this communication to others. 
Also please notify the sender by replying to this message, and then delete it from your system. 
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[Ankur Sharma]

Hi All,

 

We are also a part of another group fighting with Giga for our rights as an investor. We are there on Facebook by "Gold Crest ajman buyers group". You all can also join the same. Some of our group representatives visited their office recently and had a detailed discussion with Mr. Giga. Updates are available on Facebook.

 

Regards,

 

Ankur

[Doering Viturin]

Facebook is blocked in my country. 

--------------------------

[Syed Jalil]

Very good letter Sam

I was going to send my own but this seems just as good, additionally if Star giga see multiple identical letters they are more likely to take this seriously.

[Doering Viturin]

For all those who have rental guarantee, we will have to rewrite the letter accordingly. As per my last phone call to ETA last year, they said "that anyway, during the rental guarantee you are not given the appartment, but we guarantee to rent it out. So you have no right to 'have' the appartment"... Bla bla bla

I will work on rewriting it and post it in the forum this upcoming week end since u am very busy for the next 3 days. 

If anyone else with rental guarantee has done the rewriting task already, kindly share it with us. Thanx. 

Regards,

JP 

--------------------------

[Syed Shahid Imam]

Dear All,

 

Please find attached a letter that I have just emailed to Star Giga Establishment (c...@stagigaest.com). This is for your reference. I will be sending the same letter by registered post tomorrow as per the clause on NOTICE mentioned in our agreement.

 

I would like to request all investors to raise the pitch now and unitedly do something as it is our hard earned money these guys are sitting on.

 

Best wishes,

 

Syed Shahid Imam

[Duncan Denley]

Syed,

Can you please confirm whether you signed the agreement or do you just have a reservation form? Let us know if you get any response.

Thanks,
Duncan

---

Date: Sat, 13 Feb 2010 22:29:18 +0400

Subject: Re: ACTION PLAN - WAY FORWARD.

From: syedsha...@gmail.com
To: gcdin...@googlegroups.com

[Syed Shahid Imam]

Duncan,

 

Yes, I signed an agreement. Would let you all know if I receive any response.

 

Shahid