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All Forum Posts by: Judy Foster

Judy Foster has started 0 posts and replied 5 times.

Quote from @Donna Johnson:
Quote from @Judy Foster:

we too have tried a small investment in their notes and we got the same letter yesterday.  until that time, they had been paying 12% as promised.


 Judy and Paula,  can you share how long have you been investing with them before receiving this notice?


We invested last year and received payments every month even in June.
Quote from @Jamie Brasseal:

If you are or were an investor of Norada Capital Promissory Note, there is an investor only FB forum where you can share and recieve information regarding the default notice. https://www.facebook.com/groups/1161232915077076


Don't use social media sites, so hopefully what ever happens there can be reposted here.

as an investor in the notes, I can say that yes we knew what it was and that it was risky, but wanted to try something a little different.  Marco's team told us he was using the funds to fund his ecommerce businesses as well as the mastermind and training/speaking programs.  Also funding broadway play prodctions and other irons he had in the fire.  Now that he has converted the notes to "stock" in the "company", I do not expect the payments to be resumed at all and am just hoping we will get the remainder of the principal back out...but not holding my breath!  Put it down in the stupid tax column and the cost of learning about the different types of alternative invesements that are out there.  As I said, we knew it was pushing the envelope, but thought we would try and see!  Please keep the comments coming on what folks find out....I too got Marco to send a follow up email that didn't really clarify anything.  Then a few days later got another email asking if we wanted to invest in another note program!!  
Quote from @Jay Hinrichs:
Norada is one of the largest and successful turn key Brokers in the US.. so equity in the company is probably a very good thing while they shore up whatever it is they need to shore up.

Not valuable unless/until they pay a dividend or are publically traded!  they may become valuable, but right now they are not.  And just to be clear, we did a small investment in their notes...they were paying well through this month...12% as promised.  Paying every month.  Hopefully this is just a hick up!

we too have tried a small investment in their notes and we got the same letter yesterday.  until that time, they had been paying 12% as promised.