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Thread started 07/09/21 5:56pm

luv4u

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The Estate Discussion (Court stuff) - Continues Here .........

Other thread self locked. https://prince.org/msg/7/466606

https://prince.org/msg/7/466029




Continue discussion here--------------------------------------


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Click on the link to sign up for updates or to view court documents. - luv4u

Link to court documents: http://www.mncourts.gov/I...elson.aspx

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Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #1 posted 07/09/21 8:27pm

ISaidLifeIsJus
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Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.








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Reply #2 posted 07/09/21 8:37pm

laytonian

ISaidLifeIsJustAGame said:

Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.









With artists selling their publishing and catalogs for hundreds of millions, it's good business sense for the heirs.
I think Primary Wave would be better managers than the family.

THEN, there's "that woman" trying to claim all of it. Five pages of claims but she left three blank.
Poor soul.

Welcome to "the org", laytonian… come bathe with me.
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Reply #3 posted 07/09/21 11:53pm

luv4u

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ISaidLifeIsJustAGame said:

Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.









Yep.



May be an image of text

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #4 posted 07/10/21 5:11pm

PennyPurple

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ISaidLifeIsJustAGame said:

Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.








eek

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Reply #5 posted 07/10/21 5:14pm

PennyPurple

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laytonian said:





With artists selling their publishing and catalogs for hundreds of millions, it's good business sense for the heirs.
I think Primary Wave would be better managers than the family.

THEN, there's "that woman" trying to claim all of it. Five pages of claims but she left three blank.
Poor soul.

Who is she supposed to be?

U.S.A.
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Reply #6 posted 07/10/21 5:46pm

luv4u

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laytonian said:

ISaidLifeIsJustAGame said:

Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.









With artists selling their publishing and catalogs for hundreds of millions, it's good business sense for the heirs.
I think Primary Wave would be better managers than the family.

THEN, there's "that woman" trying to claim all of it. Five pages of claims but she left three blank.
Poor soul.


I think the judge will likely throw that out lol nuts

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #7 posted 07/10/21 8:28pm

ISaidLifeIsJus
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PennyPurple said:

ISaidLifeIsJustAGame said:

Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.








eek



pimp2

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Reply #8 posted 07/10/21 8:32pm

ISaidLifeIsJus
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I think P's family were in over their head but I think I would have kept a certain % even if it was 1%.


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Reply #9 posted 07/11/21 1:31pm

PennyPurple

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So does this mean that PW can release music and do anything they want? Once of course the Estate is settled.

That could be some major $$ made, that they don't get any of if they've sold 100% of their shares.

Alfred is/was 100%

Omarr is 100%

Tyka is 90%

U.S.A.
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Reply #10 posted 07/12/21 1:35pm

roxy831

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luv4u said:

ISaidLifeIsJustAGame said:

Omarr sold 100% of his expected inheritance to Primary Wave on June 30, 2021.









Yep.



May be an image of text

My heart dropped when I saw this. Thank you.

Welcome home class. We've come a long way. - RIP Prince
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Reply #11 posted 07/12/21 3:32pm

Mumio

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PennyPurple said:

So does this mean that PW can release music and do anything they want? Once of course the Estate is settled.

That could be some major $$ made, that they don't get any of if they've sold 100% of their shares.

Alfred is/was 100%

Omarr is 100%

Tyka is 90%

And Lawnie and Charles Spicer also got some shares from the elders, but we don't know how much. Perhaps they will sell too to get their hands on some cash before they die. I don't know what kind of family members any of them have to leave anything to.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #12 posted 07/12/21 4:01pm

PennyPurple

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Mumio said:

PennyPurple said:

So does this mean that PW can release music and do anything they want? Once of course the Estate is settled.

That could be some major $$ made, that they don't get any of if they've sold 100% of their shares.

Alfred is/was 100%

Omarr is 100%

Tyka is 90%

And Lawnie and Charles Spicer also got some shares from the elders, but we don't know how much. Perhaps they will sell too to get their hands on some cash before they die. I don't know what kind of family members any of them have to leave anything to.

Ugh, Lawnie....still.

U.S.A.
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Reply #13 posted 07/12/21 4:31pm

nelcp777

Primary Wave has its hands in a lot of artist work. This may not be a bad thing?

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Reply #14 posted 07/12/21 4:41pm

onlyforaminute

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Now I feel like the last shoe dropped. The entire family has walked away.
Time keeps on slipping into the future...


This moment is all there is...
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Reply #15 posted 07/12/21 5:15pm

Mumio

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nelcp777 said:

Primary Wave has its hands in a lot of artist work. This may not be a bad thing?

I've thought for a while that they are not equipped to deal with his estate/music themselves so I am not upset at this. All I really care about is that his legacy lives on and that might be best handled by pros. I am annoyed that Londell managed to get his hands on any piece of this though, but we did see him angling for it from the start.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #16 posted 07/12/21 8:13pm

ISaidLifeIsJus
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Mumio said:

nelcp777 said:

Primary Wave has its hands in a lot of artist work. This may not be a bad thing?

I've thought for a while that they are not equipped to deal with his estate/music themselves so I am not upset at this. All I really care about is that his legacy lives on and that might be best handled by pros. I am annoyed that Londell managed to get his hands on any piece of this though, but we did see him angling for it from the start.

I agree.

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Reply #17 posted 07/12/21 9:00pm

TheEquilizer

PennyPurple said:

So does this mean that PW can release music and do anything they want? Once of course the Estate is settled.

That could be some major $$ made, that they don't get any of if they've sold 100% of their shares.

Alfred is/was 100%

Omarr is 100%

Tyka is 90%

Sounds about right, especially if they had CON-tracted loans they couldn't pay back? deal As it is quoted in the Industry Rule handbook (4080) part B. "Amid all the Chaos & Disorder use the Hoodwink & Bamboozle methodology on the ones who are easily mislead by greed and ignorance, they will give up everything without realizing they are getting tonk."

[Edited 7/12/21 21:02pm]

[Edited 7/12/21 21:10pm]

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Reply #18 posted 07/12/21 9:10pm

ISaidLifeIsJus
tAGame

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TheEquilizer said:

PennyPurple said:

So does this mean that PW can release music and do anything they want? Once of course the Estate is settled.

That could be some major $$ made, that they don't get any of if they've sold 100% of their shares.

Alfred is/was 100%

Omarr is 100%

Tyka is 90%

Sounds about right, especially if they had CON-tracted loans they couldn't pay back? deal As it is quoted in the Industry Rule handbook (4080) part B. "Amid all the Chaos & Disorder use the Hoodwink & Bamboozle methodology on the ones who are easily mislead by greed and ignorance, they will give up everything without realizing they are getting tonk."

Lawdy, I need a translator. blunt

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Reply #19 posted 07/13/21 5:03am

PennyPurple

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TheEquilizer said:

PennyPurple said:

So does this mean that PW can release music and do anything they want? Once of course the Estate is settled.

That could be some major $$ made, that they don't get any of if they've sold 100% of their shares.

Alfred is/was 100%

Omarr is 100%

Tyka is 90%

Sounds about right, especially if they had CON-tracted loans they couldn't pay back? deal As it is quoted in the Industry Rule handbook (4080) part B. "Amid all the Chaos & Disorder use the Hoodwink & Bamboozle methodology on the ones who are easily mislead by greed and ignorance, they will give up everything without realizing they are getting tonk."

[Edited 7/12/21 21:02pm]

[Edited 7/12/21 21:10pm]

Ahh...I see..

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Reply #20 posted 07/13/21 5:56pm

onlyforaminute

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I guess Tyka retained 10% because she’s the only one with heirs of her own. That's bizarre when you think about it.
Time keeps on slipping into the future...


This moment is all there is...
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Reply #21 posted 07/14/21 4:43am

PennyPurple

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onlyforaminute said:

I guess Tyka retained 10% because she’s the only one with heirs of her own. That's bizarre when you think about it.

None of the others have children?

U.S.A.
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Reply #22 posted 07/14/21 6:39am

onlyforaminute

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PennyPurple said:



onlyforaminute said:


I guess Tyka retained 10% because she’s the only one with heirs of her own. That's bizarre when you think about it.

None of the others have children?


Not seen a one.
Time keeps on slipping into the future...


This moment is all there is...
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Reply #23 posted 07/15/21 6:40pm

laytonian

ISaidLifeIsJustAGame said:

I think P's family were in over their head but I think I would have kept a certain % even if it was 1%.



Tyka hasn't sold *all* of her share. It's like Mattie's children all made a sale. I don't think Sharon, Norrine or John (who really needs help with being capable) are still in 100%.

All major artists have sold their publishing, so that's not alarming. But selling P's personal effects and Paisley Park is a bridge too far to cross.

Welcome to "the org", laytonian… come bathe with me.
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Reply #24 posted 07/16/21 8:41am

onlyforaminute

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laytonian said:



ISaidLifeIsJustAGame said:


I think P's family were in over their head but I think I would have kept a certain % even if it was 1%.





Tyka hasn't sold *all* of her share. It's like Mattie's children all made a sale. I don't think Sharon, Norrine or John (who really needs help with being capable) are still in 100%.

All major artists have sold their publishing, so that's not alarming. But selling P's personal effects and Paisley Park is a bridge too far to cross.




They sold to Lonnie's company, not sure of the percentages, except it's the majority of it up to 100%.


.
[Edited 7/16/21 8:43am]
Time keeps on slipping into the future...


This moment is all there is...
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Reply #25 posted 07/16/21 9:46pm

ISaidLifeIsJus
tAGame

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laytonian said:

ISaidLifeIsJustAGame said:

I think P's family were in over their head but I think I would have kept a certain % even if it was 1%.



Tyka hasn't sold *all* of her share. It's like Mattie's children all made a sale. I don't think Sharon, Norrine or John (who really needs help with being capable) are still in 100%.

All major artists have sold their publishing, so that's not alarming. But selling P's personal effects and Paisley Park is a bridge too far to cross.



Sorry, I disagree...I think they have sold a portion to Lonnie and his partner.

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Reply #26 posted 07/21/21 7:14pm

laytonian

ISaidLifeIsJustAGame said:

laytonian said:


Tyka hasn't sold *all* of her share. It's like Mattie's children all made a sale. I don't think Sharon, Norrine or John (who really needs help with being capable) are still in 100%.

All major artists have sold their publishing, so that's not alarming. But selling P's personal effects and Paisley Park is a bridge too far to cross.



Sorry, I disagree...I think they have sold a portion to Lonnie and his partner.


That's not showing in the 7/20 Stipulaton, which gave Primary Wave (Omarr's, Alfred's and a percent of Tykas) the same status as the "Living Heirs" because Primary Wave is now owns the largest share of the expectancy.

Londell's company wasn't listed as a partner and neither he nor his partner are listed as ownership of Primary Wave.

If SNJ did sell, it must not have been a major portion.

https://en.wikipedia.org/wiki/Primary_Wave_(company)

Welcome to "the org", laytonian… come bathe with me.
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Reply #27 posted 07/21/21 9:37pm

onlyforaminute

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The Lonnie stuff went *poof*.

Time keeps on slipping into the future...


This moment is all there is...
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Reply #28 posted 07/22/21 7:56pm

ISaidLifeIsJus
tAGame

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laytonian said:

ISaidLifeIsJustAGame said:



Sorry, I disagree...I think they have sold a portion to Lonnie and his partner.


That's not showing in the 7/20 Stipulaton, which gave Primary Wave (Omarr's, Alfred's and a percent of Tykas) the same status as the "Living Heirs" because Primary Wave is now owns the largest share of the expectancy.

Londell's company wasn't listed as a partner and neither he nor his partner are listed as ownership of Primary Wave.

If SNJ did sell, it must not have been a major portion.

https://en.wikipedia.org/wiki/Primary_Wave_(company)

The Stipulation did not mention the 3 elder Nelsons. It was merely a Stipulation acknowledging Primary Wave as the primary beneficiary.

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Reply #29 posted 07/24/21 11:48pm

motherfunka

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Big music firm controls half of Prince's estate as case winds down

https://www.startribune.c...fresh=true

TRUE BLUE
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