Has anyone used or heard of Blue Metric Group?
Has anyone used or heard of Blue Metric Group? Husband is interested investing in them, but I cannot find ANYTHING online about them no reviews ANYTHING!!
https://www.bluemetricgroup.com/
JOHN CASCARANO
DR. NATHAN KUPPERMAN
DR. NATHAN KUPPERMAN
thanks :)
Fiona and Obie
Most Popular Reply
In October of 2023, my wife and I sold the final two parks of our portfolio to Blue Metrix Group. Weeks before closing Blue Metrix Group reached out and said they were struggling with the financing for the second park and they asked would we owner finance. We agreed to help the young company out as at the time they only owned 6 or 7 parks. They had exhibited the desire to pay down debt and had cashed out the parks before us that had agreed to owner finance. We approached them a year into a five year owner financing and asked them if they were considering cashing us out as well. They said they would but wanted the park's balance to be discounted. We agreed on a discounted amount and Blue Metrix stated in mid September that they were shooting for the second week of October to cash us out but even if they had to do it out of cash that it would be no later than the last day of October. Time became of essence because my wife was diagnosed with stage 4 cancer in September. The second week of October came and went and we began reaching out the final week of the month. On October 31st Blue Metrix reached back out and said they weren't going to pay off the loan unless they got a greater discount. They clearly had no intention of paying off the loan in October but sought instead to further reduce their loan balance during a time of the note holder's personal hardship. It is our hope no one in Blue Metrix is a victim of such an aggressive business tactic while part of their management team faces such a difficult health challenge. They were aware of my wife's challenge and instead of keeping to their agreement with compassion they looked upon our hardship as an opportunity.