Welcome to Troubadour 1710 AM An FCC Part 15 compliant low power AM radio station in Shirley, Massachusetts USA. A local community service of Minimum Wage Media |
Pass the Hat...
The
name "Minimum Wage Media" says it all. Troubadour 1710
and Liberty & Justice 1640 were founded and financed on a
shoestring by a very busy man who (barely) finances the stations and
his
life through gig economy work. Please support this media "seedling"
with
a subscription, a donation, or your advertising dollars. Click
here to contribute on a monthly basis through our
page at Patreon.com.NOTE: JEFF IS IN THE MIDST OF A HUGE FINANCIAL CRISIS CAUSED BY DELINQUENT INVESTMENTS. GO HERE FOR DETAILS OR DIRECTLY TO HIS GiveSendGo CAMPAIGN PAGE. |
Minimum Wage Media
Blog
Severe Financial Crisis Due to Delinquent Investments 3/21/2024 Since
late September of last year, I have been grappling with a financial
crisis that's nothing short of epic for a person with my income
history. From last May through July, I was able to create, with the
help of a business specializing in this, a total line of credit on
business credit cards in excess of $145,000. Most of the cards had a 0%
interest rate through July 2024. I had my choice to use this for my own
business purposes, or to invest in one or more of approximately 20
companies with which they had an affiliation. I opted to invest in two
of the affiliated companies because dividends are real money, not
credit that has to be paid back, eventually with interest.
I signed contracts with these companies. One of them promised the first dividend of $4,000 within 60 days. Furthermore, the contract said if they went 90 days without a payment, they would be in default by their own terms and also liable for any legal expenses. The second company guaranteed a full payback on investment within two years, with a 50-50 revenue split thereafter, but verbally promised several times that I would almost certainly be making money after 5 months. As of late March 2024, I have not received a single red cent from either company. I am now in debt to the tune of $120,000. Furthermore, interest on most of the cards begins in July. This is a dilemma I cannot get out of without serious help. I have set up a support page on GiveSendGo with more details. In addition to outright contributions, there are several options from buying out my investments in these firms, to financing my enrollment in proven investment or contracting programs averaging an income of $75K a year or more. That income level I consider a bare minimum for any hope of getting out of this mess. Right now, I am at the point where without assistance, I have to chose between paying my mobile home park fee and paying the monthly minimum on the card with the highest balance. Not both. Please visit my support page at givesendgo.com/jeffs_bad_investments. If you are part of the business or investing community please spread the word about this campaign. Thank you. Power Supply Replacement 12/8/2023 Troubadour 1710 will be off the air until the power supply to our main automation computer is either repaired or replaced. High temperature solder was used on the circuit board which requires a soldering upgrade in the neighborhood of $80. (Of course, this would also simplify and facilitate all my other soldering work.) A replacement power supply would cost about $30 plus shipping. This is a difficult economic time for me with two major debt-financed investments taking much longer to produce dividends than promised. If you can make a contributuion to get us back on the air, it would be appreciated. [Note: station returned to air the last week in December.] |
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