Sage: Update 2023-12-21 – School Has Been Sold

The following update was sent via email - posted w/out comment. ANO December 21, 2023 Dear Shareholder, On behalf of Sage Properties Corp. (“Sage”) and the Board of the Directors of Sage (“Board”), please find below the following updates: A: Share Redemption Thank you to all shareholders who have submitted their Redemption Acknowledgement Notices. As of... Continue Reading →

Sage: Update 2023-11-17

The following update was sent via email - posted w/out comment. ANO November 17, 2023 Dear Shareholder, On behalf of Sage Properties Corp. (“Sage”) and the Board of the Directors of Sage (“Board”), please find below the following updates: A. Share Redemption – Sale of the Harbour & ManorAs previously announced, the sale of the... Continue Reading →

Sage: Ummm..not so fast…

Yesterday I wrote a post claiming that with the sale of the seniors facilities, Sage's job was done. Then a faithful reader gently reminded me that ... "The school is the last asset to be sold.  Sage signed a conditional agreement to purchase with Third Academy just before the shareholder's meeting.  If this sale happens,... Continue Reading →

Sage: It Is Finished

This just landed in my "inbox". At long last, years after the Jan 2015 "sufficient funds" announcement which led to the disclosure that ABC District clergy and other officials had been misrepresenting the security of CEF funds, that the CEF funds had breached the trust of the depositors by using it for a speculative business... Continue Reading →

Wolves in White Collars

(I've been quiet for some time because I'd run out of things to say, the ABC fiasco had gotten largely quiet, and repeatedly chastising LCC for its ongoing misdeeds was getting pretty old. Then the LCMS issued a new Catechism, some people like Ryan questioned it, and then this happened....) People have chastised anons for... Continue Reading →

Sage Update – Sept 2, 2022

Some mixed news from Sage's mailing list. I haven't seen it on their website yet so I'm quoting it in its entirety here. ANO September 2, 2022 Dear Shareholder, Please see the below update from the management and the board of Sage Properties Corp. (“Sage”): A. Waterline Update The Conrich Waterline to the Prince of... Continue Reading →

FAREWELL MISSOURI

Posted publicly on FB. Posted in its entirety. ANO FAREWELL MISSOURI by Rev. Richard Anton Bolland The first thing I'd like to address to the Missouri Synod before I leave her is my sincere gratitude. What I mean by that is my deep gratitude for the last 60 years of my life having been grounded... Continue Reading →

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