APBA and Lee Mills.....

[Shane]

What's the latest?

[Peconic]

Originally posted by cashbrain
none of them is sanctioned.....

According to the list of sanctions, published by APBA Detroit and treated as gospel in certain circles, 11/19 - 11/24, Key West FL, has been sanctioned by APBA Detroit.

http://www.apba-racing.com/RaceSchedule.php

Screw-up or major news?

We shall see.

[driver53]

That was last year .....

[Peconic]

Right you are ....

http://www.apba-racing.com/Sanctions...0141&hideNav=1

Their sanctioning year ends in October. No listing at all for 2004.

You Go!!!

What? You haven't done your homework already?!!

[NW_Jim]

The links Mike A posted didn't work. I think these are the ones he is referring to for those with popcorn invested.

http://www.offshoreonly.com/forums/s...threadid=59747
http://www.offshoreonly.com/forums/s...threadid=59754

[John B]

Well said Mike,
I'm glad someone finally mentioned nobody's really making "profits" from all their efforts. I know personally APBA Offshore has had to financially bail out some of the local promoter's. Thank you from Buffalo!
John B

[Shane]

Mr. Allweiss,

Not that you have any reason to answer my questions, and I applaud you for comig on here and speaking your mind, but you have not addressed my questions from last week. Would you be so kind as to do so? Please find them below. Also, I have another question. Do you draw a $120,000 annual salary from the LLC or do you put your own money in and do it for the love of the sport. O concur that APBA has made many improvements. I am not bashing or jumping on any bandwagons. Most all from OSO know that is not who I am. I just tell it how I see it. From time to time I have been wrong and I am also the first to admit it. So I guess I would just like to see the above clarified, and my questions from last week addressed. Thanks in advance and best wishes.

Shane

I have a few questions:

1. Wasn't Lee Mills part of the original group of investors in the LLC?

2. Wasn't Lee Mills a former member/officer of the LLC?

3. Did Mr. Mills loan the LLC and a specific individual money above and beyond the terms of the original investment in the LLC?

4. What happened when Mr. Mills asked to see a record of how and where that same money was spent?

5. Was that same money ever accounted for? Or was it lost in the "Abyss"?

6. Does the LLC still owe this money to Mr. Mills?

7. Did the LLC ever offer to repay this same money to Mr. Mills using APBA dues to be paid at the Worlds, which is money that is supposed to go to APBA Detroit for the upcoming years membership fees/dues?

8. Is Mr. Mills still a member/officer of the LLC? If not why not?

9. If he is not an officer but a debt holder of the LLC and they reorganize under another name, say...Offshore Racing League, and declare themselves insolvent, does that not free the LLC and its members of any liability to any possible monies owed to Mr. Mills if in fact there are any?

Before anyone jumps down my throat for not blindly following the LLC, or for supporting Mr. Mills, I am doing NEITHER! I am simply asking specific questions whose answers may or may NOT be based in material fact. I am just ASKING! Not insinuating or anything else. If anyone can provide more insight I am certain that it would be extremely helpful for all those concerned. Thank you in advance to anyone who may be able to shed some more light on this most unfortunate of circumstances.

[Peconic]

This reminds me of the classic question:

"Have you finally stopped beating your wife? Yes or no!"