SHN Payback Participants - IRS Status has changed Update page 7

[AlterWhoKnows]

I’m not Laura. She’s banned from the Alliance page. I’m not. That’s how I know the last thing posted there was the AM Lord Elope picture posted at 8:38 am yesterday morning, with the 4th person liking it in the last 15 minutes. (PS, it’s about 12:35 east coast time right now)

I won’t waste time arguing semantics with you, besides, we get along so well IRL and on Facebook. The Donerweiss pictures were lovely, by the way. Just you know I am not Laura, and the others who thought this alter would be a good idea are not Laura either.

[stripes]

I know who you are now… not sure what this has to do with the Alliance. As for the Payback program so much has gone wrong that all happened after Peggy that this shouldn’t even be a discussion at this point. Unhappy stallion & mare owners should be taken care of so they don’t come to public forums to get answers. Payouts should happen when the website says they will happen and not be wriiten on personal checks. Financials should be public and those that have formally asked for them should have them, but they are not public and those that requested do not have them. When these things are cleared up then great, but I doubt they ever will. Therefore the black eye is on Payback, not those who are unhappy. Its basic customer service, which has been lacking.

[SportArab]

It’s not like a big secret who I am. The better question is what dog you have in this fight

[Kyzteke]

Why the hell doesn’t the Arabian Registry just take over the program? I really don’t get why this thing should be “independent” anyway…

[SportArab]

It is independent because the registry had no interest in starting this kind of program. You know you girls remind of a bunch of school yard bullies. I’ve never understood the pleasure some people take in attacking others.

[stripes]

Honestly this is truly the most ridiculous topic.

The Arabian Horse Registry has a Sweepstakes program that offers prize money to Sweepstakes entered Arabians. You must pay $400 before the foal is born for the foal to be in this program. Some breeders do it, most don’t as it pretty much pays out to only a few compared to the number that is shown.

The Payback program was to get additional prize money by selling breedings to stallions and having only their get be eligible for the money. One major flaw (and there are a few) is that foals by stallions that never sell their breedings are still eligible. Initially the idea was a good one, but so many shady things have gone down I don’t think it will ever be a viable program.

[SportArab]

Really? Then why did you bring it up and why do you keep posting?

As far as I can tell it’s worked just fine for the vast majority of folks who have participated.

[stripes]

Linda this is a really old thread that was brought back to light by a current very unhappy participant. YOU have never participated in this program so really the question is, “Why are you here posting?” The majority of folks, including AHA really just don’t care because it has no impact on anything. Many stallion owner’s wish to distance themselves because of very slow payouts, no disclosure of financials & rude or no communication from Laura. Winner’s listed on the Payback website from 2014 don’t even have their “Payback” yet. I’d hardly call this a program that is working just fine. Stop telling people they are wrong when they have been through this personally. The reality is that Laura is difficult and not managing the program appropriately. The “trust” is gone.

I will continue to post when I see facts getting distorted by the few of you who keep spinning this away from the facts.

[SportArab]

You are the one who originated the post and since then have piled on. I support the program because it is the only one out there for Arab bred sport horses. Many of the folks who are benefiting from it didn’t even buy a breeding from SHN Payback, they just have a horse that was sired by one of the stallions on the list. So this is like “found money” for those folks. It’s not like they shelled out $400 to nominate a baby to the Breeders’ Sweepstakes. So what if it takes a while to get paid. The folks working on this program are all volunteers who have lives and jobs and horses to take care of. I think those who are complaining - and who have no vested interest that I can see - should start a program of their own instead of spending so much time critiquing something that has only an upside for those who are showing at SHN.

[SportArab]

And by the way, my understanding is that the tax status of this program has not changed. So whoever posted about that is posting a lie.

[AlterWhoKnows]

[QUOTE=stripes;8131539]
Linda this is a really old thread that was brought back to light by a current very unhappy participant. YOU have never participated in this program so really the question is, “Why are you here posting?” The majority of folks, including AHA really just don’t care because it has no impact on anything. Many stallion owner’s wish to distance themselves because of very slow payouts, no disclosure of financials & rude or no communication from Laura. Winner’s listed on the Payback website from 2014 don’t even have their “Payback” yet. I’d hardly call this a program that is working just fine. Stop telling people they are wrong when they have been through this personally. The reality is that Laura is difficult and not managing the program appropriately. The “trust” is gone.

I will continue to post when I see facts getting distorted by the few of you who keep spinning this away from the facts.[/QUOTE]

This post is not true.

The only stallion owners that have withdrawn that I know personally and have spoken with withdrew due to [edit] Peggy. The resulting brouhaha made them leave, no one wants to be involved with a dishonest group. These same people are noticeably absent from Peggy’s magazine and also are wary of the new Alliance group as she is said to have her fingers in the pie. That is where the “trust” went.

You may call others experience “spinning” if it disagrees with your own opinion but facts are facts, and the majority of stallion owners are satisfied with their experience. Go on the Payback site, look who is there, and ask them yourself.

[stripes]

[QUOTE=AlterWhoKnows;8131747]
This post is not true.

The only stallion owners that have withdrawn that I know personally and have spoken with withdrew due to [edit] Peggy. The resulting brouhaha made them leave, no one wants to be involved with a dishonest group. These same people are noticeably absent from Peggy’s magazine and also are wary of the new Alliance group as she is said to have her fingers in the pie. That is where the “trust” went.

You may call others experience “spinning” if it disagrees with your own opinion but facts are facts, and the majority of stallion owners are satisfied with their experience. Go on the Payback site, look who is there, and ask them yourself.[/QUOTE]

What’s not true? You obviously do not have all the facts and based on that you claim my post is not true? CRAZY! Anyone claiming Laura to be in the right at this point in time clearly has been misguided and does not have the facts. Coming on here or any other form of social media speaking praise for Laura and this program does not change the facts. Stallion owners, mare owners, winners… all have valid complaints that have not been addressed. The financials have been formally asked for have not been supplied. Less and less people are buying breedings, more and more people are finding out that stallions on the list aren’t in the program any longer, owners that have requested their stallions be removed from the program are being ignored, when prize money does finally make it to the winners its drawn from Laura’s personal account. Mixing Payback funds with a personal account is a huge RED FLAG. The more you continue to try to change the way people see these facts the crazier you look. These are facts, unless proven otherwise this is the story of this program.

Being Laura’s mouth piece hiding behind an “alter ego” is not the way to change anyone’s opinion of this program. More hiding behind the curtain and lack of transparency, 2 things that have led this program into a downward spiral. Good job continuing the legacy.

[AlterWhoKnows]

Obviously you are not aware that there is no legal requirement to have separate bank account funds when operating a 501 © of any sort. What is a legal issue ( and not in a good way) is redirecting funds meant for the 501 [edit]

I am not defending Laura’s customer service abilities, it is what it is. But she is a lot easier to deal with than, say, AHA LOL!!

I’m not saying who I am simply because I do not have time to play around with Peggy’s online character assassination attempts.

[AlterWhoKnows]

[QUOTE=stripes;8131802]
What’s not true? You obviously do not have all the facts and based on that you claim my post is not true? CRAZY! Anyone claiming Laura to be in the right at this point in time clearly has been misguided and does not have the facts. Coming on here or any other form of social media speaking praise for Laura and this program does not change the facts. Stallion owners, mare owners, winners… all have valid complaints that have not been addressed. The financials have been formally asked for have not been supplied. Less and less people are buying breedings, more and more people are finding out that stallions on the list aren’t in the program any longer, owners that have requested their stallions be removed from the program are being ignored, when prize money does finally make it to the winners its drawn from Laura’s personal account. Mixing Payback funds with a personal account is a huge RED FLAG. The more you continue to try to change the way people see these facts the crazier you look. These are facts, unless proven otherwise this is the story of this program.

Being Laura’s mouth piece hiding behind an “alter ego” is not the way to change anyone’s opinion of this program. More hiding behind the curtain and lack of transparency, 2 things that have led this program into a downward spiral. Good job continuing the legacy.[/QUOTE]

Saving.

[SportArab]

There have been very few complaints. And I’d like to know where YOU are getting your so-called facts from. What is your evidence that Laura Wood has been mixing funds from personal and payback accounts? I will say that, in agreement with AlterWhoKnows, that any hanky panky I’ve heard of occurred before she took over the program.

Again, I have to ask you Tamara, why you personally need to attack this program and one person specifically.

[stripes]

Linda you’re priceless. And who I believe to be Colleen, really awesome you want to save my post. Enjoy it.

I’m not persoanlly attacking this program, just keeping the record straight.

[SportArab]

Glad you think so.

But if I were you, I’d do a little more homework before posting so-called facts.

[stripes]

Linda what is your official association with Payback? Since you are “in the know” maybe providing proof that the facts are not the facts or that what you are considering facts are in fact true - by proving them here - we could be enlightened and then embrace this program.

[SportArab]

None whatsoever. I just like to try to keep the record straight and I REALLY don’t like bullying of any sort. You can be sure that if you were the one being attacked unfairly, I would come to your defense also. Just my code of ethics.

[AlterWhoKnows]

The payback has been a 501©(5) since its inception -at least according to the IRS. They would know.