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All Forum Posts by: Geri Randall

Geri Randall has started 0 posts and replied 1 times.

Goodegg has stopped distributions on the offering I bought a couple of years ago, called Congaree Villas, and has not been forthcoming with revised financial projections that explain why it has done so--even though it says the property is still cash flow positive and has adequate reserves. It has provided no estimate of when distributions will be resumed.
Nonetheless, it continues its barrage of self-promotion and continues to project large profits on current offerings.
The proof is in the pudding. I am 80 years old and rely on investments for retirement income. I have to caution would-be investors: Don't count on the returns they say they expect to achieve. It's hype, not substance.

BUYER BEWARE!