Now I have a question and if its too personal I understand. Upon reading this again my question is: did the investors have to take the Movement to court to get this settlement or was it just a group negotiation of all the investors vs. the TMO or did you each have to negotiate individually?
I really didn't get it at first that they were saying no profits for you, you get all your investment back over time in the form of pancha karma etc, but even then you have to pay up front. Man oh man. --- In FairfieldLife@yahoogroups.com, "Alex Stanley" <j_alexander_stanley@...> wrote: > > > > --- In FairfieldLife@yahoogroups.com, nablusoss1008 <no_reply@> wrote: > > > > > > > > --- In FairfieldLife@yahoogroups.com, "Alex Stanley" <j_alexander_stanley@> > > wrote: > > > > > > > > > > > > --- In FairfieldLife@yahoogroups.com, "mjackson74" <mjackson74@> wrote: > > > > > > > > > > > > Well this just shows my great ignorance - I was on MIU staff when > > > > they first created the ayurvedic clinic in FF and had no idea they > > > > were asking for donations for the clinic > > > > > > They weren't asking for donations. This was a business venture for which > > > they were seeking investors. Lesson learned: don't do business with the > > > TMO. I have no problem with the TMO or any other NPO making appeals for > > > donations. > > > > > > The fellow in charge dropped the body, noone could foresee that > > the whole thing would collapse. > > > > I assume you're referring to Doug Henning/Vedaland. I'm talking about the FF > Ayurveda clinic, in which the terms of the investment were that investors > were to receive a certain percentage of the proceeds. The TMO then reneged > and decided they'd hoover up all the cash flow. They then wanted to return > the value of the investment in Ayurvedic treatment, with us having to pay > cash for a certain percentage of the treatment. I ultimately settled for my > investment plus 50%, in treatments, with no cash payment required. So, I > wasn't completely stiffed on the investment, but I was less than impressed > with how the TMO conducts business. > > I now recognize that with respect to the TMO, cash flows in only one > direction, so I limit myself to donations, where there is no expectation of > that reality being different. Although TM is no longer an aspect of my > spiritual life, I am married to a devoted Sidha, and we do manage to find > things in the TM world that we're both willing to support, like the > Sustainable Living Program at MUM. Similarly, she's ok with supporting > certain local projects that interest me, like upgrading the water filtration > system at the indoor pool and the Quiet Zone, which will greatly enhance the > quality of life in FF. >
