CEF/DIL: Monitor’s 34th Report Posted

The Monitor has posted it's 34th report here. This report provides an introductory history to date, a DIL distribution, the final amount returned to the DIL investors, resolution of the Prince of Peace Church and School loans, the sale of the parsonage lot, and some financial reporting. Once the parsonage lot is sold, the ECHS...

ASC: “Go Directly to Jail,Do Not Pass Go, Do Not Collect $200”

In the board game "Monopoly" the objective is to roll a pair of dice, move your token around a board, purchase and develop various properties, charge rent to people that land on your properties, eventually bankrupt them, and in the end own all the assets in the game. One of the squares in the game...

ASC Finds Fraud

One of the burdens a company takes on when it accepts money from the public is to use the money for the projects it's soliciting the funds for. If the charter is to build schools, then the funds can't be used to build churches. If the charter is to engage in low-risk investments, that rules...

Now Entering 2018

Kudos to SolaGratia for finding this one.   https://twitter.com/dorseyshaw/status/938485896713789441 2018 is when all the post-CCAA enforcement and legal actions will start pulling back the curtain of silence being used to try and avoid being sued over the CEF mess. 2018 will be the year when the Lord uses the Kingdom of the Left to lift...

Restructuring: An Unprecedented Opportunity

The Synodical President - leaving for greener pastures...the parish. The 1st VP - who could've had the Synodical President' office if he'd let his name stand - is stepping out from Synod completely. The Communications Director - ending his engagement with LCC and leaving the office vacant without a replacement to take his place. The...

CEF/DIL: More Examples of AB & BC Securities Commission Cases

As I'd written in an earlier piece, one way to speculate what's coming down the pipe from the AB and BC Securities Commissions is to look at what's happened in other cases. I recently came across some more cases that are similar in appearance to CEF, which I'm including below following a copy and paste...

CEF/DIL and the AB/BC Securities Commissions

Now that the bankruptcy protection has been lifted for the AB District, the CEF / DIL Representative Action can proceed as well as official action by government enforcement agencies such as the AB and BC Securities Commissions. What does this mean? The Securities Commissions won't discuss ongoing investigations - and rightfully so - but we...

CEF’s “Field of Dreams”

This article is in response to "Marcy B"'s comment on Resolution 17.03.06 to Decline to Talk About CEF as I'd like to discuss some of the points she made. Marcy wrote: He fell into the mega church pipe dream. ‘We should have a cradle to grave mission here.’ From a governance perspective the first question in response should've...