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Forums > Prince: Music and More > The Estate Discussion - Part 6 - Continued
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Reply #540 posted 01/26/17 12:32pm

laurarichardso
n

laytonian said:

.


Some things to keep in mind:



1--The $7 million to the estate would help pay the tax bill that was due to be filed on January 21st.


Despite the claims about "greedy relatives", they will likely get very little UNTIL the tax bill is finalized and the first (substantial) payments made to the IRS and State of Minnesota. Bremer (correct spelling) actually had the tax documents ready to be filed. It will be only a partial payment with more assets (and income) adjudicated over time. There's no way the entire bill will be paid all at once.



2--The tribute concert was put together hastily, at likely great expense, due to fan outcry. It kept falling apart because too many people were involved. Londell was everyone's hero when he finally got it going, and now he's the bad guy. With the high expenses AND the smaller venue, it's likiely that there IS no $7 million for the estate. Only a full accounting will tell the truth and that's what Tyka and Omarr are trying to force. In a big fight like this, I'm not going to demonize any side.


.




Why? The side that should be demonized is the professionals who did not conduct themselves in a professional manner. It does not matter it the concert revenue was $7.00 the money goes to the estate and should be accounted for. No sane person would expect the tax bill to be paid all at once however in no why should the family have to guess where the money wet to. If Londell was doing a good job he would be staying on as the rep and he has not been asked to stay.
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Reply #541 posted 01/26/17 12:40pm

ISaidLifeIsJus
tAGame

avatar

It was Jobu that promised $7 mil in revenue to the Estate for the Tribute Concert and then they backed out.

If I recall correctly the Estate gave Jobu $2 mil to begin work on the Tribute Concert.

When it fell apart, they returned the $2 mil minus Londell's commission.

We dont know how much the Tribute Concert made at this time or how much Londell made off the concert, and after party which Omarr and Tyka allege he also exploited P's likeness and music without payment.

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Reply #542 posted 01/26/17 12:50pm

rogifan

PRNFamily just tweeted:

Dearest Purple Family
Plans are in the works for 2017 to bring us all closer together
Let #TruthHarmonyLove guide us all
Peace, Love & Light

I also noticed the PRiNCeFAMCLUB retweeted someone thanking Londell for the tribute concert. I think there can be no doubt now that he's behind that twitter account/fan club. Weird.
Paisley Park is in your heart
#PrinceForever ๐Ÿ’œ
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Reply #543 posted 01/26/17 12:52pm

rogifan

1Sasha said:

When John Mayer and Christina backed out, it was a red flag that something was amiss.


Neither of them ever confirmed they were participating (unlike Anita Baker who did), which makes one wonder if they were ever really scheduled to perform or if their names were added to sell tickets. Are they managed by someone/some company associated with Londell?
Paisley Park is in your heart
#PrinceForever ๐Ÿ’œ
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Reply #544 posted 01/26/17 1:41pm

justAmeda

ISaidLifeIsJustAGame said:

It was Jobu that promised $7 mil in revenue to the Estate for the Tribute Concert and then they backed out.

If I recall correctly the Estate gave Jobu $2 mil to begin work on the Tribute Concert.

When it fell apart, they returned the $2 mil minus Londell's commission.

We dont know how much the Tribute Concert made at this time or how much Londell made off the concert, and after party which Omarr and Tyka allege he also exploited P's likeness and music without payment.

Am I wrong that Tyka, Omar, and the family also exploited more funds by charging an outlandish price at the after party for fans to be able to meet and greet them? I seem to recall a VERY high price just to be able to say hi to someone. How can they justify taking money like that from fans? I do believe Londell was a down and dirty in all this but let's not look at Tyka and family as complete saints in this either in how they charge a big fee just for fans to say hi. Just like the upcoming price to see the Paisley Park event in april. Those prices are often equal to one months car payment, rent/mortgage, or something NEEDED that many folks can't afford. How do they justify those?

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Reply #545 posted 01/26/17 1:41pm

laurarichardso
n

ISaidLifeIsJustAGame said:

It was Jobu that promised $7 mil in revenue to the Estate for the Tribute Concert and then they backed out.


If I recall correctly the Estate gave Jobu $2 mil to begin work on the Tribute Concert.


When it fell apart, they returned the $2 mil minus Londell's commission.


We dont know how much the Tribute Concert made at this time or how much Londell made off the concert, and after party which Omarr and Tyka allege he also exploited P's likeness and music without payment.


--I believe that is one of the issues that revenue has not shown up in the inventory sheet and that the family has not been able to view contracts or even see the footage from the the triubute concerts.
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Reply #546 posted 01/26/17 1:46pm

laurarichardso
n

justAmeda said:



ISaidLifeIsJustAGame said:


It was Jobu that promised $7 mil in revenue to the Estate for the Tribute Concert and then they backed out.


If I recall correctly the Estate gave Jobu $2 mil to begin work on the Tribute Concert.


When it fell apart, they returned the $2 mil minus Londell's commission.


We dont know how much the Tribute Concert made at this time or how much Londell made off the concert, and after party which Omarr and Tyka allege he also exploited P's likeness and music without payment.



Am I wrong that Tyka, Omar, and the family also exploited more funds by charging an outlandish price at the after party for fans to be able to meet and greet them? I seem to recall a VERY high price just to be able to say hi to someone. How can they justify taking money like that from fans? I do believe Londell was a down and dirty in all this but let's not look at Tyka and family as complete saints in this either in how they charge a big fee just for fans to say hi. Just like the upcoming price to see the Paisley Park event in april. Those prices are often equal to one months car payment, rent/mortgage, or something NEEDED that many folks can't afford. How do they justify those?


--No one put a gun to anyone's head and forced them to go to the after show. Londell is an officer of the court to hold a competing after party and then not have the money from that party go to estate is unethical and tacky. He was brought in to monitize the estate not in rich himself. The things he is being accused of are very serious. Being an officer of the court in matters of the estate is very different then being a private cutizen throwing a party.
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Reply #547 posted 01/26/17 3:51pm

PennyPurple

avatar

justAmeda said:

Am I wrong that Tyka, Omar, and the family also exploited more funds by charging an outlandish price at the after party for fans to be able to meet and greet them? I seem to recall a VERY high price just to be able to say hi to someone. How can they justify taking money like that from fans? I do believe Londell was a down and dirty in all this but let's not look at Tyka and family as complete saints in this either in how they charge a big fee just for fans to say hi. Just like the upcoming price to see the Paisley Park event in april. Those prices are often equal to one months car payment, rent/mortgage, or something NEEDED that many folks can't afford. How do they justify those?

They have to pay the bills some how and those VIP tickets for the event in April didn't have any problems selling out.

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Reply #548 posted 01/26/17 4:46pm

laytonian

laurarichardson said:



rogifan said:


laurarichardson said:


Dr. Funk was a big supporter of Londell so he really has egg on his face. If they find out Londell stole the money from the concert I would be very surprised if he keeps his law license if not face jail time.



I wonder why he was so supportive. Prince's PA, Meron Bekure tweeted support for Londell too. I wonder if he promised them something?

There is a rumor that Meron works for Londell and we know Kirk Johnson works at Paisley Park.


It is possible that all of these people are being taken care of and that they really believed that Londel was doing the right thing by the estate.



What is disturbing is the fact that Breamer did not oversee Londell's or Koppleman's activities?



Assests from the concert do not appear on the inventory sheet. Tyka and Omarr are doing the right thing questioning where the money went to since he should have gone to the estate.



The question about the funds should have been asked by Breamer.



I think Conamerica will go out and find a Estate lawyer and a Entertainment lawyer to put things right. It took a long time but once the right people were put in place on the Jimi Hendrix estate things started to get down and revenue started to come in.



Unfortunatly, it only takes one greedy ass person to wreck things and it is good that Londell only has a six month reign.





Londell and Koppleman are still acting on the music side.
Welcome to "the org", laytonianโ€ฆ come bathe with me.
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Reply #549 posted 01/26/17 6:03pm

laurarichardso
n

laytonian said:

laurarichardson said:

There is a rumor that Meron works for Londell and we know Kirk Johnson works at Paisley Park.

It is possible that all of these people are being taken care of and that they really believed that Londel was doing the right thing by the estate.

What is disturbing is the fact that Breamer did not oversee Londell's or Koppleman's activities?

Assests from the concert do not appear on the inventory sheet. Tyka and Omarr are doing the right thing questioning where the money went to since he should have gone to the estate.

The question about the funds should have been asked by Breamer.

I think Conamerica will go out and find a Estate lawyer and a Entertainment lawyer to put things right. It took a long time but once the right people were put in place on the Jimi Hendrix estate things started to get down and revenue started to come in.

Unfortunatly, it only takes one greedy ass person to wreck things and it is good that Londell only has a six month reign.

Londell and Koppleman are still acting on the music side.

Until the end of this month because I did not see anything saying they were staying and even if they are they will have to run everything they do by all of the sibs and the bank.

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Reply #550 posted 01/26/17 7:41pm

cryingdoves

justAmeda said:

ISaidLifeIsJustAGame said:

It was Jobu that promised $7 mil in revenue to the Estate for the Tribute Concert and then they backed out.

If I recall correctly the Estate gave Jobu $2 mil to begin work on the Tribute Concert.

When it fell apart, they returned the $2 mil minus Londell's commission.

We dont know how much the Tribute Concert made at this time or how much Londell made off the concert, and after party which Omarr and Tyka allege he also exploited P's likeness and music without payment.

Am I wrong that Tyka, Omar, and the family also exploited more funds by charging an outlandish price at the after party for fans to be able to meet and greet them? I seem to recall a VERY high price just to be able to say hi to someone. How can they justify taking money like that from fans? I do believe Londell was a down and dirty in all this but let's not look at Tyka and family as complete saints in this either in how they charge a big fee just for fans to say hi. Just like the upcoming price to see the Paisley Park event in april. Those prices are often equal to one months car payment, rent/mortgage, or something NEEDED that many folks can't afford. How do they justify those?

-----------------------------------------------------------------------------------------------------------------

When you logged in to get tickets there was a special section to click for VIP tickets and this where the tickets were for the meet and greet the family were located. The price was $500 PER PERSON!

-----------------------------------------------------------------------------------------------------------------

"do U dream straight up or do U dream in W's?"
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Reply #551 posted 01/26/17 8:01pm

cryingdoves

morningsong said:

Lovejunky said:

Not INTERESTING .........

Disturbing !!!!!!!!!!!!!!

Either WAY...

Someone (unidentified ) wanted Phaedra Removed.....Prince put Phaedra in that Position !!!!!!! WHo has the right to remove her ?

OR

Phaedra wanted to be Removed : WHat the hec happened that she would not want to stay around and look after that which she fought long and hard for ???

This is not sitting well with me......



Yeah.

-----------------------------------------------------------------------------------------------------------------

Here is Phaedra's LinkedIn profile now: https://www.linkedin.com/...ns-9b51206

-----------------------------------------------------------------------------------------------------------------

"do U dream straight up or do U dream in W's?"
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Reply #552 posted 01/26/17 8:17pm

ISaidLifeIsJus
tAGame

avatar

cryingdoves

-----------------------------------------------------------------------------------------------------------------

Here is Phaedra's LinkedIn profile now: https://www.linkedin.com/...ns-9b51206

-----------------------------------------------------------------------------------------------------------------

Interesting that she said she only worked for NPG until 2015.

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Reply #553 posted 01/27/17 2:36am

laurarichardso
n

cryingdoves said:



justAmeda said:




ISaidLifeIsJustAGame said:


It was Jobu that promised $7 mil in revenue to the Estate for the Tribute Concert and then they backed out.


If I recall correctly the Estate gave Jobu $2 mil to begin work on the Tribute Concert.


When it fell apart, they returned the $2 mil minus Londell's commission.


We dont know how much the Tribute Concert made at this time or how much Londell made off the concert, and after party which Omarr and Tyka allege he also exploited P's likeness and music without payment.



Am I wrong that Tyka, Omar, and the family also exploited more funds by charging an outlandish price at the after party for fans to be able to meet and greet them? I seem to recall a VERY high price just to be able to say hi to someone. How can they justify taking money like that from fans? I do believe Londell was a down and dirty in all this but let's not look at Tyka and family as complete saints in this either in how they charge a big fee just for fans to say hi. Just like the upcoming price to see the Paisley Park event in april. Those prices are often equal to one months car payment, rent/mortgage, or something NEEDED that many folks can't afford. How do they justify those?




-----



When you logged in to get tickets there was a special section to click for VIP tickets and this where the tickets were for the meet and greet the family were located. The price was $500 PER PERSON!



-----

















--Once again what does this have to do with estate mis-management.
[Edited 1/27/17 2:37am]
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Reply #554 posted 01/27/17 4:00am

lwr001

laurarichardson said:

1Sasha said:

I realize it was overwhelming to them back in April, but in the interest of getting their hands on money ASAP, the non-excluded heirs did not step back and proceed cautiously. Anyone with a computer can locate representation of the largest acts in the world. Why couldn't they have called any of those management groups? I am not saying there has not been possible fraud and/or theft involved, but there was absolutely no reason to rush opening PP, rush anything else, except to make money.

/-The Breamer selected Londell not the family. One of the things they complained about is Breamer selecting him in the first place. Once he was selected he was appears that he did what he wanted without the approval of all of the sibs. I fault Breamer. [Edited 1/26/17 5:56am]

i beleive the family wanteds to keep trev guy ( donna;s husband ) in place..

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Reply #555 posted 01/27/17 4:08am

Lovejunky

ISaidLifeIsJustAGame said:

cryingdoves

-----------------------------------------------------------------------------------------------------------------

Here is Phaedra's LinkedIn profile now: https://www.linkedin.com/...ns-9b51206

-----------------------------------------------------------------------------------------------------------------

Interesting that she said she only worked for NPG until 2015.

That is a recent edit...

I have been stalking her LinkedIn for months..smile She made NO mention at all of NPG until this last month....

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Reply #556 posted 01/27/17 4:16am

laurarichardso
n

Lovejunky said:



ISaidLifeIsJustAGame said:




cryingdoves




-----



Here is Phaedra's LinkedIn profile now: https://www.linkedin.com/...ns-9b51206



-----



Interesting that she said she only worked for NPG until 2015.



That is a recent edit...



I have been stalking her LinkedIn for months..smile She made NO mention at all of NPG until this last month....



-/// She is listed as the manager of the LLC on the state websites. I believe she was still working for the LLC when Prince's passed. It will be interesting to see what happens with her claims.
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Reply #557 posted 01/27/17 5:06am

Lovejunky

laurarichardson said:

Lovejunky said:

That is a recent edit...

I have been stalking her LinkedIn for months..smile She made NO mention at all of NPG until this last month....

-/// She is listed as the manager of the LLC on the state websites. I believe she was still working for the LLC when Prince's passed. It will be interesting to see what happens with her claims.

Yes..I have noted that too....

Watching and waiting with great interest....

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Reply #558 posted 01/27/17 6:24am

1Sasha

IMO the family charged for the meet and greet because the family needed money, and this was a way to make some. It may seem a bit unusual, but meet and greets of celebrities can run up to $1500 to $2000 per person, so ... As far as Phaedra is concerned, wasn't she listed originally as a California lawyer who called Dr. Kornfeld? Supposedly, someone working for Prince called a person in New York who said to call Phaedra to address the medical emergency enveloping Prince. Now, I guess, she isn't an attorney, and there are a host of questions surrounding her relationship to Prince's business(es), and she wants to be held harmless and to have documents sealed? Okay ...

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Reply #559 posted 01/27/17 6:31am

laurarichardso
n

1Sasha said:

IMO the family charged for the meet and greet because the family needed money, and this was a way to make some. It may seem a bit unusual, but meet and greets of celebrities can run up to $1500 to $2000 per person, so ... As far as Phaedra is concerned, wasn't she listed originally as a California lawyer who called Dr. Kornfeld? Supposedly, someone working for Prince called a person in New York who said to call Phaedra to address the medical emergency enveloping Prince. Now, I guess, she isn't an attorney, and there are a host of questions surrounding her relationship to Prince's business(es), and she wants to be held harmless and to have documents sealed? Okay ...


Well legally speaking it does not matter why the family had a party it matters concerning Londell. It was unethical of him to use Prince's name to in rich himself while representing the estate. You know he had a Emancipation party out in L.A. In addition, he needs to account for any revenue from the concert.
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Reply #560 posted 01/27/17 6:33am

laurarichardso
n

1Sasha said:

IMO the family charged for the meet and greet because the family needed money, and this was a way to make some. It may seem a bit unusual, but meet and greets of celebrities can run up to $1500 to $2000 per person, so ... As far as Phaedra is concerned, wasn't she listed originally as a California lawyer who called Dr. Kornfeld? Supposedly, someone working for Prince called a person in New York who said to call Phaedra to address the medical emergency enveloping Prince. Now, I guess, she isn't an attorney, and there are a host of questions surrounding her relationship to Prince's business(es), and she wants to be held harmless and to have documents sealed? Okay ...


Well legally speaking it does not matter why the family had a party it matters concerning Londell. It was unethical of him to use Prince's name to in rich himself while representing the estate. You know he had a Emancipation party out in L.A. In addition, he needs to account for any revenue from the concert. At the end of the day estate money is not Londell's money.
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Reply #561 posted 01/27/17 7:36am

1Sasha

And does anyone wonder why Prince dumped him in the first place ...

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Reply #562 posted 01/27/17 8:50am

udo

avatar

1Sasha said:

And does anyone wonder why Prince dumped him in the first place ...

.

Why do we learn these nice details only at this stage of the proceedings?

Pills and thrills and daffodils will kill... If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
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Reply #563 posted 01/27/17 9:05am

zenarose

udo said:



1Sasha said:


And does anyone wonder why Prince dumped him in the first place ...



.


Why do we learn these nice details only at this stage of the proceedings?





This was discussed in depth back in July and August. There were folks that were absolutely positive that LM was GOD. Those folks squashed the discussion and no one wanted to hear the truth. Now it seems they do.๐Ÿ˜
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Reply #564 posted 01/27/17 9:23am

laurarichardso
n

zenarose said:

udo said:



1Sasha said:


And does anyone wonder why Prince dumped him in the first place ...



.


Why do we learn these nice details only at this stage of the proceedings?





This was discussed in depth back in July and August. There were folks that were absolutely positive that LM was GOD. Those folks squashed the discussion and no one wanted to hear the truth. Now it seems they do.๐Ÿ˜

Loads of people were saying he was a screw up but got shouted down. Even Julie Raman Prince's manager from 2014 is saying the I told you so. I think the bank was warned and just did not care.
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Reply #565 posted 01/27/17 1:43pm

nelcp777

Interesting order released by the Judge for the Jeffers claim, asking for evidence to the Slayer claim and clarification on the her other claim. ISaidLifeIsJustAGame, can you give us insight on this? If her claim is bogus, can she face legal repurcussions, particularly for the slayer claim?

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Reply #566 posted 01/27/17 3:58pm

Misslink88

Can anyone answer why Claire Elizabeth Elliot is being cc'd on documents if she's been deemed a frivolous claimant?

God is my Sugar Daddy.
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Reply #567 posted 01/27/17 5:27pm

Lovejunky

Misslink88 said:

Can anyone answer why Claire Elizabeth Elliot is being cc'd on documents if she's been deemed a frivolous claimant?

Makes absolutely NO SENSE !!!!!!!!!

She must have a wad of cash stashed somewhere though...It must be mighty expensive to keep her case in front of the Judge....

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Reply #568 posted 01/27/17 6:47pm

morningsong

Misslink88 said:

Can anyone answer why Claire Elizabeth Elliot is being cc'd on documents if she's been deemed a frivolous claimant?




Looks like as long as one still submits claims they still get cc'd on stuff. Which is why I believe all these over the top claims...oh nevermind.

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Reply #569 posted 01/27/17 10:13pm

PurpleDiamonds
1

Lovejunky said:



laurarichardson said:


Lovejunky said:


That is a recent edit...



I have been stalking her LinkedIn for months..smile She made NO mention at all of NPG until this last month....




-/// She is listed as the manager of the LLC on the state websites. I believe she was still working for the LLC when Prince's passed. It will be interesting to see what happens with her claims.

Yes..I have noted that too....



Watching and waiting with great interest....


Me too...
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