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Reply #510 posted 07/25/17 12:53pm

ISaidLifeIsJus
tAGame

avatar

laurarichardson said:

morningsong said:


Okay, give her a tiny break, she worked. I'm nosy though because if it is hers then she did get more than the house. But it's more than likely his from something. Kind of curious.

She did not work for that pension. It could be his from SAG or one of the musician unions. I do not see how she would get anything unless he made her a beneficary as a part of the divorce settlement which would mean all her bitching about not getting any PR money was true ignorance. If he left her money she should be ashamed of herself.

It doesnt matter whether a spouse works during the marriage in order to be awarded 1/2 of your spouse's retirement account proceeds.

I am merely presenting the facts of divorce law.

You hold a marital interest from the date of marriage until the end date of marriage.

I am sure M2 also received her 1/2 interest.

Otherwise, you are saying women are worthless and entitled to nothing if they dont work during the marriage (which is misogynistic.)

This is part of the dissolution/divorce process.

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Reply #511 posted 07/25/17 1:03pm

laurarichardso
n

ISaidLifeIsJustAGame said:

laurarichardson said:

She did not work for that pension. It could be his from SAG or one of the musician unions. I do not see how she would get anything unless he made her a beneficary as a part of the divorce settlement which would mean all her bitching about not getting any PR money was true ignorance. If he left her money she should be ashamed of herself.

It doesnt matter whether a spouse works during the marriage in order to be awarded 1/2 of your spouse's retirement account proceeds.

I am merely presenting the facts of divorce law.

You hold a marital interest from the date of marriage until the end date of marriage.

I am sure M2 also received her 1/2 interest.

Otherwise, you are saying women are worthless and entitled to nothing if they dont work during the marriage (which is misogynistic.)

This is part of the dissolution/divorce process.

You are really reaching. If Mayte is getting money from a pension it is because Prince either wanted her to get it or just did not have her taken off after they divorced. Whatever way you look at it she did not earn the money because she did not work for it.

She is getting it because she is a beneficary.

Now she could have gone out and put some of her own money into a 401k or an IRA or maybe she has money coming from her SAG pension. That would be money she earned.

---

I have a 401k and a few other items and I have beneficaries and I am free to remove them or put anyone I want on them.

No one on this earth is entitled to anything. Even when women divorce a lot guys fight tooth and nail not to give up any money or less then what the law is saying they should.

Some are sucessful like Prince was and women should not be so foolish to assume they are entitled to anything. All women should always have your own money. I do not care if you have to put 5 buck a week in the bank or some account. Do something for yourself.

--------

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Reply #512 posted 07/25/17 1:11pm

ISaidLifeIsJus
tAGame

avatar

I'm reaching?

Hahahahahaaaaaa

lol lol lol lol lol lol lol lol lol lol lol

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Reply #513 posted 07/25/17 1:24pm

nelcp777

There is a lot that went on behind closed doors that we are not privy to. If Prince set this up and did not change it, that is on him. A friend of mine in the service did not update his life insurance after his divorce. His ex got the money. Sad but it happens. And yes, we were routinely and constantly reminded to update our paperwork prior to deployments.

As for did Mayte earn it? Really that is more opinion that factual. I am not here to argue that or speculate on it.

My interest is in the Vault. If the Estate came out tomorrow with a list, count, inventory of the Vault, my thirst would be quenched.

In the meantime, I will follow the latest developments. Initially, I thought Bremer was doing a good job with the situation and what had to be done. But, I am getting the vibe they were not very thorough. Hopefully after several years when the baseless appeals are exhausted, the Estate will see positive momentum and the Vault and Prince's legacy will shine.

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Reply #514 posted 07/25/17 1:42pm

Mumio

avatar

ISaidLifeIsJustAGame said:

I'm reaching?

Hahahahahaaaaaa

lol lol lol lol lol lol lol lol lol lol lol



eek You'd be the very last person I'd say something like that to, since you do this for a living.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #515 posted 07/25/17 1:47pm

disch

Couldn't the same be said for the estate as a whole? It's not like Prince's various half-sibs "earned the money" that Prince died with; they were beneficiaries because the law says that's who inherits by default if the dead person didn't make it (legally) clear they wanted something different.

laurarichardson said:

Whatever way you look at it she did not earn the money because she did not work for it.

She is getting it because she is a beneficary.

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Reply #516 posted 07/25/17 1:56pm

morningsong

nelcp777 said:

There is a lot that went on behind closed doors that we are not privy to. If Prince set this up and did not change it, that is on him. A friend of mine in the service did not update his life insurance after his divorce. His ex got the money. Sad but it happens. And yes, we were routinely and constantly reminded to update our paperwork prior to deployments.

As for did Mayte earn it? Really that is more opinion that factual. I am not here to argue that or speculate on it.

My interest is in the Vault. If the Estate came out tomorrow with a list, count, inventory of the Vault, my thirst would be quenched.

In the meantime, I will follow the latest developments. Initially, I thought Bremer was doing a good job with the situation and what had to be done. But, I am getting the vibe they were not very thorough. Hopefully after several years when the baseless appeals are exhausted, the Estate will see positive momentum and the Vault and Prince's legacy will shine.




That's one question I haven't gotten straight in my mind. The Vault material, do they still have to catalogue it for the Estate monetary value purposes? I was under the impression that when UMG signed in for $30M+ that included everything in the Vault therefore the court wasn't waiting for everything to be listed and estimated.

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Reply #517 posted 07/25/17 2:01pm

ISaidLifeIsJus
tAGame

avatar

You dont leave an ex-spouse as a beny on your retirement account because then they would get more than their marital portion.

It is governed by Federal Statutes.

It is called a Qualified Domestic Relations Order or "QDRO."

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Reply #518 posted 07/25/17 3:30pm

morningsong

ISaidLifeIsJustAGame said:

You dont leave an ex-spouse as a beny on your retirement account because then they would get more than their marital portion.

It is governed by Federal Statutes.

It is called a Qualified Domestic Relations Order or "QDRO."



But for it to be purposedly listed in the divorce records, wouldn't that indicate it was something done on purpose?


This whole speculation has me confuzzled.



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Reply #519 posted 07/25/17 4:28pm

PennyPurple

avatar

I'm just glad there are divorce papers. Some orger's around here said they weren't legally divorced. lol Only annulled.

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Reply #520 posted 07/25/17 4:51pm

ISaidLifeIsJus
tAGame

avatar

morningsong said:

ISaidLifeIsJustAGame said:

You dont leave an ex-spouse as a beny on your retirement account because then they would get more than their marital portion.

It is governed by Federal Statutes.

It is called a Qualified Domestic Relations Order or "QDRO."



But for it to be purposedly listed in the divorce records, wouldn't that indicate it was something done on purpose?


This whole speculation has me confuzzled.



If there was a pension and she received her marital share or a lesser % as agreed upon it would be in the dissolution paperwork. If so, then it would fall under a Qualified Domestic Relations Order.

They also did a dissolution rather than a divorce.

Which means everything was agreed upon by the parties before the paperwork was filed at Court.

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Reply #521 posted 07/25/17 5:25pm

Misslink88

ISaidLifeIsJustAGame said:

If there was a pension and she received her marital share or a lesser % as agreed upon it would be in the dissolution paperwork. If so, then it would fall under a Qualified Domestic Relations Order.

They also did a dissolution rather than a divorce.

Which means everything was agreed upon by the parties before the paperwork was filed at Court.

I'm just wondering ISLIJAG, would this be something that would have to be addressed if she presented her copy of the paperwork to Comerica? Would them filing to get the originals be a response to that?

God is my Sugar Daddy.
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Reply #522 posted 07/25/17 5:32pm

morningsong

ISaidLifeIsJustAGame said:

morningsong said:



But for it to be purposedly listed in the divorce records, wouldn't that indicate it was something done on purpose?


This whole speculation has me confuzzled.



If there was a pension and she received her marital share or a lesser % as agreed upon it would be in the dissolution paperwork. If so, then it would fall under a Qualified Domestic Relations Order.

They also did a dissolution rather than a divorce.

Which means everything was agreed upon by the parties before the paperwork was filed at Court.



So they did do something different (I'm guessing)? So would that make the whole annulment thing just a matter of wording?

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Reply #523 posted 07/25/17 7:14pm

laurarichardso
n

Same thing they earned nothing.

said:

Couldn't the same be said for the estate as a whole? It's not like Prince's various half-sibs "earned the money" that Prince died with; they were beneficiaries because the law says that's who inherits by default if the dead person didn't make it (legally) clear they wanted something different.



laurarichardson said:


Whatever way you look at it she did not earn the money because she did not work for it.



She is getting it because she is a beneficary.




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Reply #524 posted 07/25/17 7:15pm

laurarichardso
n

PennyPurple said:

I'm just glad there are divorce papers. Some orger's around here said they weren't legally divorced. lol Only annulled.


No one could find a record of their divorce and Prince was the one who wanted to have it annulled. Now it appears to have been a dissolution.
[Edited 7/25/17 19:16pm]
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Reply #525 posted 07/25/17 7:17pm

laurarichardso
n

ISaidLifeIsJustAGame said:

You dont leave an ex-spouse as a beny on your retirement account because then they would get more than their marital portion.


It is governed by Federal Statutes.


It is called a Qualified Domestic Relations Order or "QDRO."



--This is Prince the man who appear to have just given loads of money away.
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Reply #526 posted 07/25/17 7:32pm

206Michelle

morningsong said:



ISaidLifeIsJustAGame said:




morningsong said:





But for it to be purposedly listed in the divorce records, wouldn't that indicate it was something done on purpose?


This whole speculation has me confuzzled.






If there was a pension and she received her marital share or a lesser % as agreed upon it would be in the dissolution paperwork. If so, then it would fall under a Qualified Domestic Relations Order.


They also did a dissolution rather than a divorce.


Which means everything was agreed upon by the parties before the paperwork was filed at Court.





So they did do something different (I'm guessing)? So would that make the whole annulment thing just a matter of wording?



Morning song, the most logical conclusion is that prince made up the so-called 'annulment.' On p. 255 of The Most Beautiful, Mayte states that she allowed prince to put the pen in her hand and she signed the so-called 'annulment' document because she felt "defeated" and "desperate." There was no legal validity to the annulment at all. Prince prince was an artist and, in my opinion, used his artistic ability to write the so-called annulment. There is no way to explain the so-called annulment other than that Prince made it up himself.
[Edited 7/25/17 19:34pm]
[Edited 7/25/17 19:35pm]
Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #527 posted 07/25/17 7:50pm

206Michelle

I wonder if he provided paperwork to the pension fund which listed Mayte as the beneficiary to his pension and never updated the paperwork following the dissolution of their marriage. I have money in Pennsylvania's pension fund for educators, called PSERS. There was a form that I submitted to PSERS listing whom would receive the money in my pension if I were to die (and I listed my husband as the beneficiary). I wonder if maybe Prince never changed the beneficiary to his pension following he and Mayte's divorce, and as a result, the Court is looking to see whether the dissolution paperwork says anything about the pension. My guess is that the Estate notified the pension fund of Prince's death, and Judge Eide's Court is trying to determine whom will receive the money from the pension. It is possible that the pension fund may be based in another state, and so the pension fund may be subject to the laws of the state in which it was established or in which its headquarters are located.
[Edited 7/25/17 19:59pm]
Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #528 posted 07/25/17 8:04pm

206Michelle

Misslink88 said:



ISaidLifeIsJustAGame said:



If there was a pension and she received her marital share or a lesser % as agreed upon it would be in the dissolution paperwork. If so, then it would fall under a Qualified Domestic Relations Order.


They also did a dissolution rather than a divorce.


Which means everything was agreed upon by the parties before the paperwork was filed at Court.



I'm just wondering ISLIJAG, would this be something that would have to be addressed if she presented her copy of the paperwork to Comerica? Would them filing to get the originals be a response to that?


Possibly it could be a response to Mayte filing. The Court's request could also be in response to information that it received from the pension fund indicating that Mayte is the beneficiary to Prince's pension, and the Court is looking at the dissolution papers in order to see if these addressed the pension.
[Edited 7/25/17 20:30pm]
Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #529 posted 07/25/17 8:16pm

tmo1965

tmo1965 said:

ISaidLifeIsJustAGame said:

It could very well be P had a retirement account of his own.

In the dissolution it may have been agreed upon that M1 would get 1/2 of her marital interest in P's retirement account.

The attorneys want to look at the language of the Dissolution Decree to see what is specified.

It may very well be that M1 is going to get some $$.

M1 was not married to Prince long enough to qualify for part of his pension. I believe you have to be married at least 10 years to qualify. I think the pension was Prince's and the estate is now entitled to its proceeds.

I guess I was confusing a pension with social security. I know for a fact that you have to be married 10 years before you qualify for an exes social security.

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Reply #530 posted 07/25/17 8:28pm

206Michelle

tmo1965 said:



tmo1965 said:




ISaidLifeIsJustAGame said:


It could very well be P had a retirement account of his own.


In the dissolution it may have been agreed upon that M1 would get 1/2 of her marital interest in P's retirement account.


The attorneys want to look at the language of the Dissolution Decree to see what is specified.


It may very well be that M1 is going to get some $$.



M1 was not married to Prince long enough to qualify for part of his pension. I believe you have to be married at least 10 years to qualify. I think the pension was Prince's and the estate is now entitled to its proceeds.



I guess I was confusing a pension with social security. I know for a fact that you have to be married 10 years before you qualify for an exes social security.


Pensions are different. For my pension, I could list anyone who is living and whose social security number I know. I also have the option to make an organization or charity the beneficiary.
Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #531 posted 07/25/17 8:33pm

206Michelle

laurarichardson said:

PennyPurple said:

I'm just glad there are divorce papers. Some orger's around here said they weren't legally divorced. lol Only annulled.


No one could find a record of their divorce and Prince was the one who wanted to have it annulled. Now it appears to have been a dissolution.
[Edited 7/25/17 19:16pm]

Obviously, there are divorce/dissolution records because the court filed these records under seal. However, the records may not be available for public view or may not be online.
[Edited 7/25/17 20:34pm]
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Reply #532 posted 07/26/17 4:19am

laurarichardso
n

206Michelle said:

laurarichardson said:
No one could find a record of their divorce and Prince was the one who wanted to have it annulled. Now it appears to have been a dissolution. [Edited 7/25/17 19:16pm]
Obviously, there are divorce/dissolution records because the court filed these records under seal. However, the records may not be available for public view or may not be online. [Edited 7/25/17 20:34pm]

You could see in the on-line court file all of the motions and that an actual divorce was granted for M2.

None of this info was visable for M1. We all know that the details for both are sealed. Once again it was Prince who said it was annulled not something made up by fans and not seeing anything in the court files at all fed the speculation. In addition, there are a handful of other things that have been said by Mayte that we know are not true so why would anyone have to automatically believe everything she has too say?

.

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Reply #533 posted 07/26/17 4:23am

laurarichardso
n

206Michelle said:

morningsong said:



So they did do something different (I'm guessing)? So would that make the whole annulment thing just a matter of wording?

Morning song, the most logical conclusion is that prince made up the so-called 'annulment.' On p. 255 of The Most Beautiful, Mayte states that she allowed prince to put the pen in her hand and she signed the so-called 'annulment' document because she felt "defeated" and "desperate." There was no legal validity to the annulment at all. Prince prince was an artist and, in my opinion, used his artistic ability to write the so-called annulment. There is no way to explain the so-called annulment other than that Prince made it up himself. [Edited 7/25/17 19:34pm] [Edited 7/25/17 19:35pm]

Prince prince was an artist and, in my opinion, used his artistic ability to write the so-called annulment.

It takes artistic albilty to draw up an annulment document? My guess is he got that stupid Patrick Cousin to draw something up only to find out it was not valid because they had been married too long to get an annulment or he just needed something to get married to M2 in the JW church.

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Reply #534 posted 07/26/17 4:30am

laurarichardso
n

206Michelle said:

I wonder if he provided paperwork to the pension fund which listed Mayte as the beneficiary to his pension and never updated the paperwork following the dissolution of their marriage. I have money in Pennsylvania's pension fund for educators, called PSERS. There was a form that I submitted to PSERS listing whom would receive the money in my pension if I were to die (and I listed my husband as the beneficiary). I wonder if maybe Prince never changed the beneficiary to his pension following he and Mayte's divorce, and as a result, the Court is looking to see whether the dissolution paperwork says anything about the pension. My guess is that the Estate notified the pension fund of Prince's death, and Judge Eide's Court is trying to determine whom will receive the money from the pension. It is possible that the pension fund may be based in another state, and so the pension fund may be subject to the laws of the state in which it was established or in which its headquarters are located. [Edited 7/25/17 19:59pm]

-------

See the definition of dissolution of marriage. If this was the case then he either forgot to take her off or the pension was a part of the agreement when the split up. She would have had to agree with the terms and we do not see any courts docs because of this.

If he did not forget to take her off and this was a part of the dissoultion then he did make a finanical provison for her I just do not get her bitching about Purple Rain money at all now . sad

Dissolution-

Q: What is a dissolution of marriage, and how is it different from a divorce?
A: A dissolution of marriage process may eliminate much of the divorce process and expense. Unlike a divorce, fault grounds are not at issue. Dissolution is often thought of as no-fault divorce.
A dissolution petition is not filed with the court until the parties have reached an agreement on all the issues that must be addressed in a divorce matter. Designation of a residential parent, parental rights, visitation, child support, spousal support, division of property, payment of debts, and payment of attorney fees must be considered in either case.
While the parties are negotiating, there is no subpoena power available, so the parties must voluntarily trade information. Professionals can, however, be hired to evaluate property, etc.
When an agreement is reached and filed with the court, a hearing must take place within 30 to 90 days. Both parties must appear and testify that they are satisfied with the agreement; that they have made full disclosure of all assets and liabilities; that they have voluntarily signed the agreement; and that they both want the marriage dissolved. The court must also approve the parties' agreement.
Because there is no court involvement until an agreement is reached, all the temporary orders and possible hearings that might occur in a divorce case are avoided. The end result of both a divorce and a dissolution of marriage is the same: the marriage is terminated.

10/31/2016

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Reply #535 posted 07/26/17 6:08am

MMJas

avatar

laurarichardson said:

206Michelle said:

I wonder if he provided paperwork to the pension fund which listed Mayte as the beneficiary to his pension and never updated the paperwork following the dissolution of their marriage. I have money in Pennsylvania's pension fund for educators, called PSERS. There was a form that I submitted to PSERS listing whom would receive the money in my pension if I were to die (and I listed my husband as the beneficiary). I wonder if maybe Prince never changed the beneficiary to his pension following he and Mayte's divorce, and as a result, the Court is looking to see whether the dissolution paperwork says anything about the pension. My guess is that the Estate notified the pension fund of Prince's death, and Judge Eide's Court is trying to determine whom will receive the money from the pension. It is possible that the pension fund may be based in another state, and so the pension fund may be subject to the laws of the state in which it was established or in which its headquarters are located. [Edited 7/25/17 19:59pm]

-------

See the definition of dissolution of marriage. If this was the case then he either forgot to take her off or the pension was a part of the agreement when the split up. She would have had to agree with the terms and we do not see any courts docs because of this.

If he did not forget to take her off and this was a part of the dissoultion then he did make a finanical provison for her I just do not get her bitching about Purple Rain money at all now . sad

Dissolution-

Q: What is a dissolution of marriage, and how is it different from a divorce?
A: A dissolution of marriage process may eliminate much of the divorce process and expense. Unlike a divorce, fault grounds are not at issue. Dissolution is often thought of as no-fault divorce.
A dissolution petition is not filed with the court until the parties have reached an agreement on all the issues that must be addressed in a divorce matter. Designation of a residential parent, parental rights, visitation, child support, spousal support, division of property, payment of debts, and payment of attorney fees must be considered in either case.
While the parties are negotiating, there is no subpoena power available, so the parties must voluntarily trade information. Professionals can, however, be hired to evaluate property, etc.
When an agreement is reached and filed with the court, a hearing must take place within 30 to 90 days. Both parties must appear and testify that they are satisfied with the agreement; that they have made full disclosure of all assets and liabilities; that they have voluntarily signed the agreement; and that they both want the marriage dissolved. The court must also approve the parties' agreement.
Because there is no court involvement until an agreement is reached, all the temporary orders and possible hearings that might occur in a divorce case are avoided. The end result of both a divorce and a dissolution of marriage is the same: the marriage is terminated.

10/31/2016

So there are no divorce papers, is that it?

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Reply #536 posted 07/26/17 6:28am

laurarichardso
n

MMJas said:

laurarichardson said:

-------

See the definition of dissolution of marriage. If this was the case then he either forgot to take her off or the pension was a part of the agreement when the split up. She would have had to agree with the terms and we do not see any courts docs because of this.

If he did not forget to take her off and this was a part of the dissoultion then he did make a finanical provison for her I just do not get her bitching about Purple Rain money at all now . sad

Dissolution-

Q: What is a dissolution of marriage, and how is it different from a divorce?
A: A dissolution of marriage process may eliminate much of the divorce process and expense. Unlike a divorce, fault grounds are not at issue. Dissolution is often thought of as no-fault divorce.
A dissolution petition is not filed with the court until the parties have reached an agreement on all the issues that must be addressed in a divorce matter. Designation of a residential parent, parental rights, visitation, child support, spousal support, division of property, payment of debts, and payment of attorney fees must be considered in either case.
While the parties are negotiating, there is no subpoena power available, so the parties must voluntarily trade information. Professionals can, however, be hired to evaluate property, etc.
When an agreement is reached and filed with the court, a hearing must take place within 30 to 90 days. Both parties must appear and testify that they are satisfied with the agreement; that they have made full disclosure of all assets and liabilities; that they have voluntarily signed the agreement; and that they both want the marriage dissolved. The court must also approve the parties' agreement.
Because there is no court involvement until an agreement is reached, all the temporary orders and possible hearings that might occur in a divorce case are avoided. The end result of both a divorce and a dissolution of marriage is the same: the marriage is terminated.

10/31/2016

So there are no divorce papers, is that it?

Yes, I think there is just the dissolution paperwork and that is the reason no temporary orders, motions or other court docs exsist. If leaving a pension to her was a part of an agreement she signed then he did look out for her.

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Reply #537 posted 07/26/17 8:36am

1Sasha

But Mayte didn't mention this, did she? It seems like a very formal resolution process yet she was vague IIRC.

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Reply #538 posted 07/26/17 9:16am

laytonian

.
We don't know other than a mention of a pension in those no-fault divorce papers.
.
She was an employee, so may have had her own social security pension.
REMEMBER, SHE WAS RECENTLY DIAGNOSED WITH MS. MAYBE SHE'S MAKING AN SSDI CLAIM?
This may also refer to her signing that she would forego a share of his or make no claim.
We don't know. We are assuming much because of the word "pension".
.
[Edited 7/26/17 9:17am]
Welcome to "the org", laytonian… come bathe with me.
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Reply #539 posted 07/26/17 10:26am

precioux

LMMFAO! YOU are NOT a mod (although you seem to have an "in" with luv4u)I don't care HOW LONG you have "been around", you do not delegate what is said here on the org, but I will hand it to you-you are the head "rat" here that reports and gets threads deleted for NO REASON. Don't play the dumb card acting as if you don't, as you did a few posts back. People like you make me want to barf


Have a nice day, keep up the great work, Org cop wink

Mumio said:

cloveringold85 said:

.

I agree. One bad apple spoils the whole bunch. I just wish people here could be more respectful and not insult one another if they disagree on a topic. Name calling is not necessary. This is Prince's house; show respect. Peace! prince


I've been around here for a very long time lol and I don't care what names anyone calls me, but disrespect toward Prince really really pisses me off. Even if someone has something to say that may not go over well, there's a way to say things to get controversial points across that won't anger others. People here do know how to discuss and over the years, there's been much said that didn't always go over well. In the last couple of months or so, there's been some seriously mean shit being said with nothing to back it up. Trolling troll Certain people seem to dislike Prince, it's apparent in most of their posts as it seems they look for opportunities to vilify him for no reason other than causing trouble. They are not welcome here. Agree with you, show some respect.

[Edited 7/22/17 15:41pm]

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Forums > Prince: Music and More > The Estate Discussion - Part 9 ... Continued