by davmel » Fri Mar 20, 2009 11:07 pm
Has anyone has got the letter of 17 feb 09 in which "GFM Moroc" confirming the above delays? Looks like only AP1 & V1 will be ready are this year.
Given the progress of the build over the last 18mths & amount of the deposits taken from us, this is almost criminal.
The letter is glaring in it's omissions => No mention of AP3, 6, 8 & 9 and no sign of the facilities that would have differentiated the site (Hotels, Aparthotels, shopping etc) and which i paid 50% over the odds for -are these cancelled or am i just the victim of poor communication?
Unless someone knows better, it doesn't look too good.
On top of this i've been advised that the reason for not meeting with purchasers was due to and i quote;
"I would like to let you know with regards to the meeting held in Ireland that towards the end of last week we were requesting the promoter the fulfilment of this requisite, and they mentioned off the record that they were unable to arrange it before as, in order to do so, they had to pay upfront 60% of the price to the Firm in charge of organizing the event and, according to the Moroccan financial system, an administrative authorization is requested for transfers over 30% of those amounts. However, they informed us that they are sorting it out"
Sorry to be so dismal, but any company that can't deliver to revised/revised schedule or organise payment of a foreign hotel/Event bill does not look too good.
I want this project to succeed but not at the cost of being screwed.