Antonio Moore goes after Jay Morrison’s Real Estate Investment Fund: Stay tuned for TREF Part II

[exiledking]

Tone had a point though. Jay wouldn’t have even popped up on the radar had he not mentioned Tulsa and Black Wall Street. He could have keep running his real estate/credit cleaning/house flipping hustles unbothered. But when he mentioned Tulsa that got him some attention that he wasn’t expecting.

I definitely agree.

And everyone is misunderstanding the term and association of "black Walla street" anyway. There were a bunch of black business areas in the country at that time and that particular one wasn't even the biggest one.

He currently lives in the city where probably the biggest one was. Auburn ave in Atlanta. He SAYS he has his a bid in on a building down there.

Everything he pooled up all these peoples money together for, he could've done individually if he really had all the money he claims he made as a real estate expert. 10 million? For him saying hes has 10 million dollar homes he's sold, he could just be investigated his own time and money into building something that people want. Hes missing out on a major part of what makes a business work. Having a product that peOple want to buy.

 

[thismybgolname]

Thank you. Can’t say that I have. So let me educate myself.

Start on page 1 and read the entire thread.

Best thread on BGOL.

 

[peterlongshort]

I definitely agree.

And everyone is misunderstanding the term and association of "black Walla street" anyway. There were a bunch of black business areas in the country at that time and that particular one wasn't even the biggest one.

He currently lives in the city where probably the biggest one was. Auburn ave in Atlanta. He SAYS he has his a bid in on a building down there.

Everything he pooled up all these peoples money together for, he could've done individually if he really had all the money he claims he made as a real estate expert. 10 million? For him saying hes has 10 million dollar homes he's sold, he could just be investigated his own time and money into building something that people want. Hes missing out on a major part of what makes a business work. Having a product that peOple want to buy.

The good news is there is actually an audience for what he is selling. Young black people want to do better. They want to invest. They have long term aspirations and dreams that extend past this Friday. That’s the good news. I with it 100%.

The bad news is they gonna have to take some lumps if they wanna learn about business. This is their lump. They not gonna win on this one. Jay is way in over his head as evidenced by the Tariq interview. He would be a certified fool to do a Tone interview.

I wish the brotha the best. He has people talking about finances that you wouldn’t expect to talk about finance, but this not it.

 

[peterlongshort]

Start on page 1 and read the entire thread.

Best thread on BGOL.

I’m on page 5. Pray for me.

What is a crypto wallet?

 

[thismybgolname]

I’m on page 5. Pray for me.

What is a crypto wallet?

A piece of hardware or software that contains your private and public keys on the blockchain(s).

 

[Hey Julian!]

I’m on page 5. Pray for me.

What is a crypto wallet?

Try, Delta wallet. Supports most ERC20 tokens and has a good interface. Every coin has their own individual wallet you can download though.

 

[exiledking]

The good news is there is actually an audience for what he is selling. Young black people want to do better. They want to invest. They have long term aspirations and dreams that extend past this Friday. That’s the good news. I with it 100%.

The bad news is they gonna have to take some lumps if they wanna learn about business. This is their lump. They not gonna win on this one. Jay is way in over his head as evidenced by the Tariq interview. He would be a certified fool to do a Tone interview.

I wish the brotha the best. He has people talking about finances that you wouldn’t expect to talk about finance, but this not it.

What? He isn't selling ANYTHING but a dream.

What I meant by my statement is you have to have a PRODUCT- Not an idea about selling products.

His idea about Black Wall Street doesn't make any sense. Ok, buy a building dedicated to black business. What's gonna be sold in that building? What's to insure that it will be successful?

When Black Wall STREETS existed, they were in physical places that were neighborhoods tbag Black people were forced to live in, thereby forced to shop with those businesses.

He keeps harping on tbe ONE street that got bombed in the 20s. It was back in less than five years.

What killed the black economic districts including that one is INTEGRATION


And now we live in a GLOBAL economy, plus net based , which is how he was able to get money from people all over the world.


Getting people from all over to invest in his real estate dreams instead of just building that business on his own is deceptive and lazy. Nothing good will come of it. There's no reason to be nice about telling you this guy is stealing from Black people. We said it with Umar. its the same here.

 

[gtg305h]

Minus whale drop this on the

Two hustlers talking shit
They bout to rape each other's fanbases lol

 

[exiledking]

Mind you, one of the hair brained idea he is proposing is for cryptocurrency mining in some of his real estate.

Here he says he doesn't even HAVE ANY HIMSELF. Him and his wife can't even buy any off of coinbase.





This dude is a fraud people. Run away

 

[peterlongshort]

Mind you, one of the hair brained idea he is proposing is for cryptocurrency mining in some of his real estate.

Here he says he doesn't even HAVE ANY HIMSELF. Him and his wife can't even buy any off of coinbase.





This dude is a fraud people. Run away

He asked Vlad did he know about Tulsa, Vlad served him, “Yeah, they burned it down.”

He needs to stop doing interviews.

 

[Mr. Met]

What? He isn't selling ANYTHING but a dream.

What I meant by my statement is you have to have a PRODUCT- Not an idea about selling products.

His idea about Black Wall Street doesn't make any sense. Ok, buy a building dedicated to black business. What's gonna be sold in that building? What's to insure that it will be successful?

When Black Wall STREETS existed, they were in physical places that were neighborhoods tbag Black people were forced to live in, thereby forced to shop with those businesses.

He keeps harping on tbe ONE street that got bombed in the 20s. It was back in less than five years.

What killed the black economic districts including that one is INTEGRATION


And now we live in a GLOBAL economy, plus net based , which is how he was able to get money from people all over the world.


Getting people from all over to invest in his real estate dreams instead of just building that business on his own is deceptive and lazy. Nothing good will come of it. There's no reason to be nice about telling you this guy is stealing from Black people. We said it with Umar. its the same here.

I truly believe deep down that these guys don’t set out to deceive or steal from black people.


I think they get sold on a magical idea of saving black folk while downplaying why it would fail. What we see as lack of caution and preparation they perceive as hate.

The first thing I thought to myself who I saw Umar’s initial video for his school was ‘htf is he going to maintain the plumbing alone?”

Sounds silly, right? But in my own house it cost me 3-5K just to put together a new bathroom. So how is he going to maintain something like that which is suppose to serve hundreds of black men year round?

This is what happens when these dudes move as fast as they do without checking the details.

If Jay is worth this perceived millions, he should have made some college graduate just starting out as the face of this project and been a silent partner. Naming it Tulsa and using a RHOA gimmick to market it really put a battery on his back.

But Jay was right about one thing. Where are the “legit” black business owners and financial dudes trying to start something similar? Most of them feel that adding some color to Merrill Lynch, Chase, you name the white business is more valuable than build your own from the ground up.

 

[gtg305h]

I truly believe deep down that these guys don’t set out to deceive or steal from black people. It isn’t in o


I think they get sold on a magical idea of saving black folk while downplaying why it would fail. What we see as lack of caution and preparation they perceive as hate.

The first thing I thought to myself who I saw Umar’s initial video for his school was ‘htf is he going to maintain the plumbing alone?”

Sounds silly, right? But in my own house it cost me 3-5K just to put together a new bathroom. So how is he going to maintain something like that which is suppose to serve hundreds of black men year round?

This is what happens when these dudes move as fast as they do without checking the details.

If Jay is worth this perceived millions, he should have made some college graduate just starting out as the face of this project and been a silent partner. Naming it Tulsa and using a RHOA gimmick to market it really put a battery on his back.

But Jay was right about one thing. Where are the “legit” black business owners and financial dudes trying to start something similar? Most of them feel that adding some color to Merrill Lynch, Chase, you name the white business is more valuable than build your own from the ground up.

Theres plenty of black folk I would gladly invest money in, Jay Morrison is not one of them, he seems super slick to me

 

[exiledking]

I truly believe deep down that these guys don’t set out to deceive or steal from black people.


I think they get sold on a magical idea of saving black folk while downplaying why it would fail. What we see as lack of caution and preparation they perceive as hate.

The first thing I thought to myself who I saw Umar’s initial video for his school was ‘htf is he going to maintain the plumbing alone?”

Sounds silly, right? But in my own house it cost me 3-5K just to put together a new bathroom. So how is he going to maintain something like that which is suppose to serve hundreds of black men year round?

This is what happens when these dudes move as fast as they do without checking the details.

If Jay is worth this perceived millions, he should have made some college graduate just starting out as the face of this project and been a silent partner. Naming it Tulsa and using a RHOA gimmick to market it really put a battery on his back.

But Jay was right about one thing. Where are the “legit” black business owners and financial dudes trying to start something similar? Most of them feel that adding some color to Merrill Lynch, Chase, you name the white business is more valuable than build your own from the ground up.

The reason no "legit" black owners have tried his is the same.reason this will fail.

There's no such thing as a collective rising up by investing in one company. Especially a collective that isn't even in a geoprahic community. He keeps referring to the Greenwood community as a community that did great things for "US" When he or most of US didn't even know the shit existed until a few years ago, including those is us who have been around 40 years plus.

Greenwood was good in it's day for the people who lived IN IT, during that time. Sure, if you counted assets at that time and communities were keeping score , that place contributes to the score , but no one in Memphis benefitted from some neighborhood in Tulsa Oklahoma

And again, it's funny that people are using models from communities that existed during Jim Crow and segregation as the model we should be on now. That says a whole lot.

Him buying property somewhere has to appreciate for a reason. He may know real estate but he's talking about creating other businesses in the places in industries he knows nothing about. And a fund with the blatant stated purpose of being inclusive by race- already limits it's growth. It'd be better If he was actually attentpting to buy a plot of land, call it a reservation and put a casino on there. Cool. Have a bunch of Black people come live there and live like different native American. Groups. Notice they're all way poorer than Black people. But if course if HE lived in such a place, he would have a huge palace, while all these 500 dollar bidders would be in shacks.

 

[Mr. Met]

Mind you, one of the hair brained idea he is proposing is for cryptocurrency mining in some of his real estate.

Here he says he doesn't even HAVE ANY HIMSELF. Him and his wife can't even buy any off of coinbase.





This dude is a fraud people. Run away

Fraud is a harsh term. Isn’t he more in over his head? Is he himself a fraud after years of free seminars and info?

Based on your last post, maybe he should have started cooperative apartments even though he’d get killed anyway for being uppity.

 

[Gully]

Mind you, one of the hair brained idea he is proposing is for cryptocurrency mining in some of his real estate.

Here he says he doesn't even HAVE ANY HIMSELF. Him and his wife can't even buy any off of coinbase.





This dude is a fraud people. Run away

Wait he has a crypto guy on his staff, will invest the funds in some crypto mining, but can't figure out how to by crypto off coinbase? Was considering supporting the brother, no way now. Dude needs to stop talking, he burying himself.

 

[DaAssWatcher]

Theres plenty of black folk I would gladly invest money in, Jay Morrison is not one of them, he seems super slick to me

Where are all these people he scammed?? It's not like he just popped up outta nowhere. All this time he's been on CNN, FOX NEWS, Breakfast Club why no one call him out yet?
Where are all the people who filed ANYTHING with the SEC??

Tone or Yvette are no financial gurus. They have never built anything EVER.
They don't realize how financially illiterate the Black community actually is.
You can't make any moves to financially empower your family when you don't understand how money and credit work.

People start businesses and fail because they try to use their own money and end up running out and have to shut down operations. Business lines of credit are a foreign concept to 99.9% of Black people trying to start a business or already have one established. Not knowing how to access funding is stopping them from being able to expand. Tone or Yvette can't help those people. The data is IRRELEVANT only knowledge and relationships with banks is relevant.

 

[exiledking]

Fraud is a harsh term. Isn’t he more in over his head? Is he himself a fraud after years of free seminars and info?

Based on your last post, maybe he should have started cooperative apartments even though he’d get killed anyway for being uppity.

Fuck no. He. Is. A. FRAUD

 

[exiledking]

Where are all these people he scammed?? It's not like he just popped up outta nowhere. All this time he's been on CNN, FOX NEWS, Breakfast Club why no one call him out yet?
Where are all the people who filed ANYTHING with the SEC??

Tone or Yvette are no financial gurus. They have never built anything EVER.
They don't realize how financially illiterate the Black community actually is.
You can't make any moves to financially empower your family when you don't understand how money and credit work.

People start businesses and fail because they try to use their own money and end up running out and have to shut down operations. Business lines of credit are a foreign concept to 99.9% of Black people trying to start a business or already have one established. Not knowing how to access funding is stopping them from being able to expand. Tone or Yvette can't help those people. The data is IRRELEVANT only knowledge and relationships with banks is relevant.

If you actually watched Tone you would know something about the question you asked.

Trust me, I know Tone and Yvette , are annoying, but if you're gonna get at him about this issue and debate him, at least know what youre debating. Tone asked about a document with a judgement addressed to Jay, some figure around 100k.

Btw , him being a convicted felon does still play into this as well. Since you're asking who he's scammed.

And as.far as people starting businesses with their own money, I suppose you think it's ok that he decides to use other people's for his huh? All the poor people he is scamming.

 

[DaAssWatcher]

If you actually watched Tone you would know something about the question you asked.

Trust me, I know Tone and Yvette , are annoying, but if you're gonna get at him about this issue and debate him, at least know what youre debating. Tone asked about a document with a judgement addressed to Jay, some figure around 100k.

Btw , him being a convicted felon does still play into this as well. Since you're asking who he's scammed.

And as.far as people starting businesses with their own money, I suppose you think it's ok that he decides to use other people's for his huh? All the poor people he is scamming.

You said absolutley nothing. You bring up a random document that you don't know what it's about. Tone has NEVER filed anything concerning the SEC. What information can he really give? If you watched Jays video you would have seen him explain the entire process of forming the fund including expenses and time invested just to make it come together.

Him being a convicted felon is irrelevant since it's all related to drugs and NOT scamming/defrauding anyone or financial institution.

How is he using anyone elses money when he spent 2 years putting this fund together and flying his staff across the country to learn all things necessary on operating this type of fund. His entire staff including him have their own side businesses/family but worked on building this fund for free.

Tone is trying to compare this fund with a billion dollar hedge fund which operate in entirely different ways.

 

[ViCiouS]

You said absolutley nothing. You bring up a random document that you don't know what it's about. Tone has NEVER filed anything concerning the SEC. What information can he really give? If you watched Jays video you would have seen him explain the entire process of forming the fund including expenses and time invested just to make it come together.

Him being a convicted felon is irrelevant since it's all related to drugs and NOT scamming/defrauding anyone or financial institution.


Tone is trying to compare this fund with a billion dollar hedge fund which operate in entirely different ways.

no body said shit about hedge funds - so stop it

dude - in this thread another poster and myself explained the problems with Jay's SEC filing...
in a nutshell:
- Jay / management team has no capital in Tulsa
- No investor representation on board for oversight (thats a non starter for any experienced investor)
- no market to sell off shares (all shares need to be sold back to Tulsa)
- Management can devalue or dilute shares at anytime - investor has no recourse

I also went into my problems with his corporate structure and compared what he is doing now to what usually happens with a start up seeking first round fundingand to an REIT

How is he using anyone elses money when he spent 2 years putting this fund together and flying his staff across the country to learn all things necessary on operating this type of fund. His entire staff including him have their own side businesses/family but worked on building this fund for free.

According to his filing Jay spent appox 15k to set up this up...
without any further expected investment from Jay or his team they are seeking funding upto 50 million - and will take 50% of the gross revenue PLUS administrative fees.

 

[totto]

I think you misinterpreted what I wrote. Im saying if Jay Morrison is a scam then who is the alternative that is not a scam?

The Antonios and the Yvette Carnells never focus on solutions, they just point out whats wrong with this public figure or that public figure.

Why are commenting on what Antonio and Yvette don't do? They have one job and that's to try to be you facts of the situation. Tariq bring you facts about WS? A journalist reports on a particular subject as well.

Jay deserves criticism for what he's trying to do because he's not really explaining his long term plan well enough to people who's considering investing in it. He doesn't have to do this and it's easier ways he can do something positive that would be less criticized.


My only issues is the constant peddling of black people's issue and "we" that Jay likes to use, that makes him come off bad imo. He needs to speak without the emotional tone to black folks and focus on business and how to get it together.

Once you start peddling to emotions and black people, some of us are gonna call that out.

 

[exiledking]

You said absolutley nothing. You bring up a random document that you don't know what it's about. Tone has NEVER filed anything concerning the SEC. What information can he really give? If you watched Jays video you would have seen him explain the entire process of forming the fund including expenses and time invested just to make it come together.

Him being a convicted felon is irrelevant since it's all related to drugs and NOT scamming/defrauding anyone or financial institution.

How is he using anyone elses money when he spent 2 years putting this fund together and flying his staff across the country to learn all things necessary on operating this type of fund. His entire staff including him have their own side businesses/family but worked on building this fund for free.

Tone is trying to compare this fund with a billion dollar hedge fund which operate in entirely different ways.

All I have to.say to that is



Aight

 

[DaAssWatcher]

no body said shit about hedge funds - so stop it

dude - in this thread another poster and myself explained the problems with Jay's SEC filing...
in a nutshell:
- Jay / management team has no capital in Tulsa
- No investor representation on board for oversight (thats a non starter for any experienced investor)
- no market to sell off shares (all shares need to be sold back to Tulsa)
- Management can devalue or dilute shares at anytime - investor has no recourse

I also went into my problems with his corporate structure and compared what he is doing now to what usually happens with a start up seeking first round fundingand to an REIT

According to his filing Jay spent appox 15k to set up this up...
without any further expected investment from Jay or his team they are seeking funding upto 50 million - and will take 50% of the gross revenue PLUS administrative fees.

Guess who also heard Jays pitch that everyone else heard and was impressed enough to want to work with Tulsa Real Estate Fund?
No one with that much clout in the Real Estate industry would put his co-sign anywhere near a scammer (as the detractors have been labling him) or a business built to fail. Nothing else to discuss here.

 

[Mt Airy Groove]

Guess who also heard Jays pitch that everyone else heard and was impressed enough to want to work with Tulsa Real Estate Fund?
No one with that much clout in the Real Estate industry would put his co-sign anywhere near a scammer (as the detractors have been labling him) or a business built to fail. Nothing else to discuss here.

Is there an official release by the Peebles Corp that states they either cosign the Tulsa Fund or are in talks with Jay? How about a tweet/fb/instagram post? Or is the only proof this gram by Jay. A pic doesnt mean they co-sign or are in talks with Jay to do business. I'm sure the head of a 4 billion dollar company can see through Jays bullshit.

 

[Mt Airy Groove]

Jay "the millionaire real estate mogul" wants you to pay for his wedding.
25k for the flight
35k for the hotel
He even wants you to pay for meals, shopping, drinks, golfing, and sight seeing tours. This man has no shame.
https://www.honeyfund.com/wedding/MeetTheMorrisons2018

 

[DaAssWatcher]

Is there an official release by the Peebles Corp that states they either cosign the Tulsa Fund or are in talks with Jay? How about a tweet/fb/instagram post? Or is the only proof this gram by Jay. A pic doesnt mean they co-sign or are in talks with Jay to do business. I'm sure the head of a 4 billion dollar company can see through Jays bullshit.

His son replied to the post.

 

[Mt Airy Groove]

His son replied to the post.

I stand corrected.
I would love to hear Pebbles honest opinion after he reads through the paperwork.

 

[ViCiouS]

Guess who also heard Jays pitch that everyone else heard and was impressed enough to want to work with Tulsa Real Estate Fund?
No one with that much clout in the Real Estate industry would put his co-sign anywhere near a scammer (as the detractors have been labling him) or a business built to fail. Nothing else to discuss here.

there was never a discussion... worse there is no commitment in the gram post - but you want to believe so badly that you assume there is a deal there.
I'm happy for you and any others committed to investing based on faith and emotion...
shit Jay should rename this to Tulsa Tithing Group

His son replied to the post.

 

[peterlongshort]

Guess who also heard Jays pitch that everyone else heard and was impressed enough to want to work with Tulsa Real Estate Fund?
No one with that much clout in the Real Estate industry would put his co-sign anywhere near a scammer (as the detractors have been labling him) or a business built to fail. Nothing else to discuss here.

Oldest trick in the book....

 

[Mr. Met]

Jay "the millionaire real estate mogul" wants you to pay for his wedding.
25k for the flight
35k for the hotel
He even wants you to pay for meals, shopping, drinks, golfing, and sight seeing tours. This man has no shame.
https://www.honeyfund.com/wedding/MeetTheMorrisons2018

It’s a wedding registry.

 

[ViCiouS]

It’s a wedding registry.

did you really read what is being asked for?

$25k for airfare
$35k for hotel accommodations etc

 

[Mr. Met]

Antonio is getting converts.

 

[Hey Julian!]

Antonio is getting converts.

The fuck is this dude babbling about? Don't explain yourself?

 

[Mr. Met]

Here we go with Yvette.

 

[Soul On Ice]

Anyone have Jay's response video to Antonio?
Heard he was real disrespectful.