A Snow and ski forum. SkiBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » SkiBanter forum » Skiing Newsgroups » Alpine Skiing
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

I guess they couldn't get the rights to "Trashmore"



 
 
Thread Tools Display Modes
  #1  
Old January 12th 07, 06:43 PM posted to rec.skiing.alpine
Walt
external usenet poster
 
Posts: 1,188
Default I guess they couldn't get the rights to "Trashmore"


Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
hiring Jack Nicholas to design the golf course and Ted Liggity to direct
the ski school, I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/

Opening sometime this winter. Full page ad in todays WSJ.


//Walt
//
//suck it, worker drones
Ads
  #2  
Old January 12th 07, 07:22 PM posted to rec.skiing.alpine
bumpfreaq
external usenet poster
 
Posts: 131
Default I guess they couldn't get the rights to "Trashmore"


Walt wrote:
Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
hiring Jack Nicholas to design the golf course and Ted Liggity to direct
the ski school, I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/

Opening sometime this winter. Full page ad in todays WSJ.


//Walt
//
//suck it, worker drones


Bwaaahaaahaaa. That's hillarious...... well, at least to you and me.

Chris

  #3  
Old January 13th 07, 05:05 PM posted to rec.skiing.alpine
bdubya
external usenet poster
 
Posts: 255
Default I guess they couldn't get the rights to "Trashmore"

On Fri, 12 Jan 2007 13:43:19 -0500, Walt
wrote:


Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
hiring Jack Nicholas to design the golf course and Ted Liggity to direct
the ski school, I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/


I can see the appeal. "Exclusive vacation residences with a panoramic
view of Dixie Highway...."

bw
  #4  
Old January 15th 07, 01:58 AM posted to rec.skiing.alpine
Richard Henry
external usenet poster
 
Posts: 3,756
Default I guess they couldn't get the rights to "Trashmore"


Walt wrote:
Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
hiring Jack Nicholas to design the golf course and Ted Liggity to direct
the ski school, I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/

Opening sometime this winter. Full page ad in todays WSJ


I believe the ski area was formerly known as Elk Meadows. From what I
have heard, it was a good small area with a lot of potential for
expansion into challenging terrain. However, it was unfortunately
located - too far south to be included in commerce from the areas
further north, and Brian Head siphoned off the traffic coming from the
south.

Any Utah locals ever ski there?

  #5  
Old January 15th 07, 05:24 PM posted to rec.skiing.alpine
Grinch
external usenet poster
 
Posts: 3
Default I guess they couldn't get the rights to "Trashmore"


Walt wrote:
Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
hiring Jack Nicholas to design the golf course and Ted Liggity to direct
the ski school, I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/

Opening sometime this winter. Full page ad in todays WSJ.


//Walt
//
//suck it, worker drones


The idea of private ski areas is growing. The Yellowstone Club is open
in Montana and a new area is on the way next to Vail at Minturn.
However, the Elk Meadows/Mt. holly people are off to a very bad start
and there credibility is seriously in question...

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

http://www.boston.com/business/artic...gned_on_fraud/

By: c king

Posted:
1/7/2007 Salt Lake Trib Article on Mt. Holly Club
Project's owners try to distance themselves from Jenson's troubles By
Mike Gorrell The Salt Lake Tribune Salt Lake Tribune Article Last
Updated: A central figure in the effort to turn bankrupt Elk Meadows
ski area into a super-exclusive resort will be in Utah's 3rd District
Court on Monday to face state charges that he is a con man. Marc
Sessions Jenson, 46, of Holladay, will be arraigned on five counts of
securities fraud and one count of racketeering, all second-degree
felonies, for allegedly providing misinformation to three Salt Lake
County businessmen who invested money with him for various ventures in
2000 and 2001. The Utah Attorney General's case against Jenson also
maintains he failed to disclose to the investors that he had been
sentenced to federal prison in 1991 and served time for failing to file
a federal income-tax return, had declared bankruptcy at least twice,
had faced numerous federal and state tax liens, and had been the
defendant in multiple civil suits filed by other disenchanted business
partners. Although the criminal charges represent the most serious
allegations Jenson faces, they are not the only ones. He also is a
defendant in two civil cases in U.S. District Court for Utah and a
third in U.S. Bankruptcy Court. The bankruptcy case involves the failed
National School Fitness Foundation, which sold fitness programs and
equipment to more than 600 schools in Utah and 19 other states, but
didn't live up to promises to repay them with money from federal grants
and corporate donations. Last month, a federal jury in Minnesota
convicted foundation executives Cameron Lewis and his father, former
San Juan County Commissioner Ty Lewis, of 29 felony charges of fraud
and money laundering for operating a Ponzi-type investing scheme.
Jenson, according to a bankruptcy court trustee, played a peripheral
role in trying to hide some of the foundation's assets. He has played a
more prominent role, though not that of direct owner, in the grandiose
plan to convert Elk Meadows, a quiet little resort 18 miles above
Beaver, into the "Mt. Holly Club," a gated community for up to 1,200
wealthy members willing to pay an initial one-time fee of $250,000 and
annual dues of around $10,000. Beaver County has approved a conceptual
plan for the proposed development, which envisions a Jack
Nicklaus-designed golf course, a private ski area, multimillion-dollar
lots and equally expensive residences, and four recreation-oriented
lakes. The projected value is $3.5 billion. Downplaying ties: Jenson
got involved with Elk Meadows in February 2003 when one of the 19
companies he is listed as managing, Nimbus Loan Fund LLC, loaned $3.6
million to the resort's former owner, a cash-strapped company called
Meadows Operations Inc. When Meadows Operations could not repay the
loan with its 18 percent annual interest, Nimbus foreclosed. Meadows
Operations went bankrupt. In the complicated bankruptcy proceeding that
ensued, Jenson and Nimbus helped arrange for title to the bulk of the
resort's assets to be transferred to CPB Development, a company that
shares a parking lot with Jenson's businesses on a side street in
Holladay called Phylden Avenue (4660 South). CPB Development is one of
the three co-owners of Mt. Holly Partners LLC, which is developing the
exclusive resort. The others are MHU Holdings, a company registered in
Delaware by a Rob O'Neil, and Ares Funding LLC, which is owned by Marc
Jenson's brother, Stephen, and has the same business address as Marc
Jenson's companies. In a meeting last month with The Salt Lake Tribune,
CPB Development owner Craig Burton and two hired public relations
representatives insisted that Marc Jenson has no ownership interest in
Mt. Holly Partners. "Any statements suggesting or implying the contrary
would be categorically false," they said in a prepared statement. They
contend that Marc Jenson is only an independent marketing consultant
for the club, with no other financial connections. Marc "has incredible
marketing capabilities and so we felt, as owners, he could provide some
help on that marketing process," Burton said of Jenson, whose picture
had been featured on the Mt. Holly Club Web site
(http://mt.hollyclub.com) until The Tribune began making inquiries
about his relationship to the club in mid-December. Then his photograph
was removed. "He is a marketing consultant and his picture was there
because of that. But we felt, with these ongoing proceedings, it was
better to not even have him there," Burton said, referring to a
preliminary hearing last month in which 3rd District Judge Joseph
Fratto found the Attorney General's office presented sufficient
evidence to bind Jenson over for trial on the criminal charges. The
Tribune had gone to the meeting, arranged with help from Jenson's
attorney, Rebecca Hyde, expecting Marc Jenson to be there. But he did
not show up. "Because of the trial," explained Mt. Holly Partners'
spokesman Bill Quick, "[Marc] and his attorneys thought it would be
best [for him] not to make comments. There will be an opportunity down
the road." CPB Development's Burton said he and the other Mt. Holly
Partners owners were aware of the charges against Marc Jenson, but were
not concerned. "I can say without reservation I've known Marc for many
years," Burton said. "I know little of the issues that are there. I've
been made aware of those, but I never had any reason to question his
integrity on the transactions I've been involved with." Loan arranger:
Court records show that other business associates clearly question
Jenson's integrity. "He's a predator. He's a financial predator," said
Michael Bodell, one of the three Salt Lake County men who the Attorney
General contends was defrauded by Jenson. Bodell is president of Bodell
Construction Co., general contractor on the latest Salt Palace
Convention Center expansion. According to the criminal charges, in
spring 2000, a mutual friend introduced Bodell to Jenson, whom he had
known from a distance as a neighbor and fellow churchgoer. After a
series of meetings, Bodell invested $1 million in a Jenson company, MSF
Properties, which makes short-term loans with high interest rates until
a borrower can arrange long-term financing. Jenson pledged to repay the
money, with 25 percent interest, by year's end. While that investment
was outstanding, Jenson persuaded Bodell in August 2000 to invest
another $4 million with him, this time to purchase the bicycle division
of Brunswick Corp. The complaint says that Jenson told Bodell he was
putting $4 million of his own money into the acquisition, assured him
that his lawyer had done a due diligence check of the bike company's
books and provided bank documents that suggested Jenson had access to
$165 million to complete the purchase and operate the bike company. At
the same time, according to the Attorney General's charges, Jenson used
a similar sales pitch to persuade Salt Lake County resident Morty
Ebeling to invest $2.5 million into the bicycle company purchase, again
with assurances that Jenson had his own money in the deal, this time
$5.5 million. Only later, after Jenson failed to make initial payments
on the money he owed Bodell and Ebeling, did the alleged victims learn
that Brunswick actually had sold its bike division to Pacific Cycle
Inc. in January 2001. They also were informed that Jenson's assurances
of financial backing were contingent on the bike deal going through.
The Attorney General's charges state that Bodell got some of his money
back after filing a civil lawsuit against Jenson, but still is owed $2
million, while Ebeling has received no compensation. The Attorney
General also alleges that Jenson defrauded Salt Lake County resident
Ricke White, whom he met at a Ferrari dealership where another of
Jenson's brothers worked. After a half dozen meetings in the first half
of 2001, White agreed to invest $5 million into another Jenson company,
Wilshire Investments LLC, set up to provide short-term, high-interest
loans. White was supposed to receive a 20 percent return on his
"risk-free" investment, a deal sealed only with a handshake. But, once
again, Jenson failed to deliver until White filed a civil lawsuit
against him, the state maintains. So far, White has recouped only $3.5
million of his investment. Posh life: The image of Jenson as a
flamboyant pitchman in a world of fast cars and luxurious living was
embellished further in a federal court lawsuit filed against him in
November by Steven J. Hansen and his company, Colton Capital Partners.
Jenson wanted Hansen's wife, Wendy, to care for his elderly father. So
to dissuade the Hansens from moving from the Salt Lake area to St.
George, the civil lawsuit contends, Jenson flew the Hansens to Sun
Valley several times on his private jet. He told them he frequently
spent weekends at a posh hotel in Beverly Hills and invited them to his
home, where he displayed "a fleet of luxury vehicles and what he told
Hansen was a collection of watches worth over $4 million." The lawsuit
alleges Jenson persuaded Steven Hansen not to move to St. George and to
invest $1.2 million instead in his loan-arranging businesses, at one
point claiming, "I have access to money like you have access to air."
Hansen's main investment - $1 million - was made in November 2004 to a
company recommended by Jenson, Utah Wetlands Co., which allegedly set
up a mitigation bank to help ensure there was no net loss of wetlands
because of land development. Hansen expected a return of 5 percent
interest per month, but when his note came due a year later, he got
nothing - and was told by the Utah Wetlands developer that the money
actually had gone to Jenson. In his lawsuit, Hansen contends he
confronted Jenson, who acknowledged he had received the proceeds of the
investment and would take personal responsibility for it. But Jenson
refused to put his oral guarantee into writing and has not repaid the
money. Hansen is asking the federal court to force Jenson to pay more
than $3 million in damages, accusing him of fraud, racketeering,
conspiracy and breach of contract. The other federal court lawsuit
accuses Jenson and others of fraud, racketeering and breach of contract
in depriving R. Michael Anderson and his brother, Robert, both of
Provo, of their $4.9 million interest in property in Midway that had
potential to be developed into a resort. In their August 2005 suit, the
Andersons allege that Jenson and some conspirators manipulated multiple
loan and purchase agreements, then stopped payment on a $700,000 check
with the intent of causing the brothers to default on a loan, thus
losing their 61 acres of resort property to foreclosure. A similar
allegation is lodged against Jenson within the Elk Meadows bankruptcy
settlement. Meadows Operations contended it was unable to make good on
its debt to Jenson's Nimbus Loan Fund because it was counting on a
short-term loan from Trinity Trust Financial Corp., a company Jenson
recommended. But Trinity Trust unexpectedly backed out of the deal at
the last minute, Meadows Operations said, enabling Nimbus to foreclose
and setting the stage for the Mt. Holly Club to come into being.
Despite this litany of allegations, Mt. Holly co-owner Burton stands by
Jenson. "If he's convicted, we'll have to look at what his involvement
is on that marketing side. We'll deal with that when it happens, if it
happens. I think it's really an 'if,' but we'll let the process take
its course." Added company spokesman Quick: "We're confident that when
the facts are all uncovered and the process is gone through, that Marc
will be acquitted and we'll move forward." * MT. HOLLY
CLUB is a proposed gated community for members that would feature a
golf course, a private ski area and multimillion- dollar lots. The man
* TIMELINE: The litigious life of Marc Sessions Jenson. See PAGE E2
By: Chris King

Posted:
12/11/2006 U.S. Forest Service Makes A Statement at Elk Meadows
Developers Pull Ads Overstating Size of Ski Area December 9th, 2006 @
10:39pm SALT LAKE CITY (AP) -- The ad sounded good -- too good.
Developers of a gated ski-resort community in Beaver County have pulled
advertising copy that claimed they could run ski lifts and snowcats as
high as 12-thousand-feet onto national forest land designated as
non-motorized. Developer Craig Burton says he agreed to drop those
claims after the U-S. Forest Service told him it wasn't possible to run
lifts or snowcats up Mount Holly. The description appeared as fact in a
full-page ad in the Wall Street Journal on December first and still can
be seen on the Internet. The exclusive resort is still months away from
approval by Beaver County planners and commissioners. But the Mount
Holly advertisement suggests it's already been built and is open for
the "2007" season. It isn't clear if that meant this winter or next.
By: Condo owner

Posted:
12/7/2006 Snubbed
As a condo owner in Elk Meadows ski resort, I am very concerned about
this project. This area provides natural scenic beauty that we as
owners cherish. I would like to see the resort developed and provide
economic value to the residents of Beaver. That said, developing the
resort could and should move forward to retain this tranquility with
the envionmental foresight to create a 'green' inclusive resort, not an
upperclass exclusive environmental disaster. For many of us, we did not
purchase homes and condos for any other reason than the peace and
solitude of the area, and the hopes of it opening as a local friendy
public resort. From my front door, I can snowshoe or hike to amazing
vistas. There are deer out my window most mornings, and the summer
wildflowers provide a constant reminder of growth and renewal. What is
compensation for this I ask if we are forced to leave? It is not based
on the property value as determined by someone sitting behind a desk
far far away, but on what it would take to replace this setting,
priceless.
By: Craig Baldwin

Posted:
12/5/2006 Base Operations Manager
They face many challenges in operating a successful resort, especially
as a "ticket driven" ski area located a little too far from the
regional markets to show much (if any) when it comes to EBITDA. The
place is currently a ghost town and a lost ski resort with little
economic opportunity. If the real estate developement will allow this
region to afford the operation of a ski area, with such oustanding
terrain and conditions, so be it. Property owners deserve fair and
competitive compensation, but their market is about as flat as it gets.
Build it, stipulate local recreation opportunities and benefit the
local economy in Beaver through residential developement and taxation.
They should finance improvements which are decided on by the residents
of the Beaver area. What they don't need is another failed resort.
By: skier bob

Posted:
11/29/2006 no mas por favor!
Not another richie rich club! And the poor folks who own property up
there. What's going to happen to them? Hopefully the county
comissioners will shut this one down.

http://www.boston.com/business/artic...gned_on_fraud/

  #6  
Old January 15th 07, 08:22 PM posted to rec.skiing.alpine
Walt
external usenet poster
 
Posts: 1,188
Default I guess they couldn't get the rights to "Trashmore"

Grinch wrote:
Walt wrote:

Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/


The idea of private ski areas is growing. The Yellowstone Club is open
in Montana and a new area is on the way next to Vail at Minturn.


And many others who have quietly existed for years: The Otsego Club in
Mich, Holimont in NY, Georgian Peaks et. al. in Ontario. But I'm not
sure that it's growing, I'd say the trend is for resorts to go the other
way, e.g. The Homestead.


However, the Elk Meadows/Mt. holly people are off to a very bad start
and there credibility is seriously in question...


Ok. Maybe naming it after a mole hill is the *second* thing I'd do.
The first thing would be to hire a convicted felon to do Customer
Relations work. I mean, if you can't trust a guy who's done time for
bank fraud and is currently facing six felony indictments for securities
fraud and racketeering, who can you trust? I mean, really?

//Walt



  #7  
Old January 15th 07, 08:26 PM posted to rec.skiing.alpine
Dave-in-Spokane
external usenet poster
 
Posts: 14
Default I guess they couldn't get the rights to "Trashmore"

Richard Henry wrote:


I believe the ski area was formerly known as Elk Meadows. From what I
have heard, it was a good small area with a lot of potential for
expansion into challenging terrain. However, it was unfortunately
located - too far south to be included in commerce from the areas
further north, and Brian Head siphoned off the traffic coming from the
south.

Any Utah locals ever ski there?


Well, I'm obviously not a Utah local, but I skied there a couple of
times back in the mid-'80's when I lived in Las Vegas. It is long ago
enough that I can't really remember much about it other than it was a
poor snow year. Brian Head was enough closer to L.V. that we usually
went there.

--
Dave in Spokane
  #8  
Old January 15th 07, 08:42 PM posted to rec.skiing.alpine
Richard Henry
external usenet poster
 
Posts: 3,756
Default I guess they couldn't get the rights to "Trashmore"


Walt wrote:

Ok. Maybe naming it after a mole hill is the *second* thing I'd do.
The first thing would be to hire a convicted felon to do Customer
Relations work. I mean, if you can't trust a guy who's done time for
bank fraud and is currently facing six felony indictments for securities
fraud and racketeering, who can you trust? I mean, really?


Perhaps he met all his prospective clients at Club Fed.

  #9  
Old January 17th 07, 06:07 AM posted to rec.skiing.alpine
Richard Henry
external usenet poster
 
Posts: 3,756
Default I guess they couldn't get the rights to "Trashmore"


bdubya wrote:
On Fri, 12 Jan 2007 13:43:19 -0500, Walt
wrote:


Ya know, if I was marketing the most exclusive, opulant, expensive,
over-the-top ski resort to multi-millionaires and the glitteratti,
hiring Jack Nicholas to design the golf course and Ted Liggity to direct
the ski school, I would most definitely choose to name it after a
non-descript little molehill in the midwest.

Ladies and Gentlemen, I present the newest private luxury resort in
North America, Mt Holly:

http://www.mthollyclub.com/


I can see the appeal. "Exclusive vacation residences with a panoramic
view of Dixie Highway...."


I got suspicious about the "minutes from Las Vegas" claim. What that
means is that it is minutes of flying time from Las Vegas to an airport
that is still over an hour driving time from the resort.

 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
I guess the great gay ski trip has begun... Eviel Dewar Alpine Skiing 5 March 5th 06 05:39 AM
Best guess at the Scottish weather?? John Ricketts European Ski Resorts 12 March 13th 05 09:00 PM
Alsgaard signs with... (guess who?) Gene Goldenfeld Nordic Skiing 9 April 21st 04 08:04 PM
animal rights amber lacy Snowboarding 14 January 28th 04 10:24 PM
I guess Schattie really did blackmail the Catholic church! Terd Fartingmor Alpine Skiing 0 December 18th 03 12:03 AM


All times are GMT. The time now is 01:00 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 SkiBanter.
The comments are property of their posters.