STOP NCAR

This site is about the overreaching political power of the NC Association of Realtors flush with money from cashing in your equity 6% at a time, leaving you to pay for growth with property taxes, year after year, with or without cash flow. In the last few years NCAR has pumped millions of dollars into NC political campaigns at the state and local level. They have spent millions more to defeat Local Options for Local Governments with misleading ads.

Friday, December 18, 2009

Not So Realfast

Realfast, Inc., one of NCAR's for-profit subsidiaries, hit a snag in corporate filings with the NC Secretary of State's Office. The most recent Annual Report submitted 8/12/2009 signed by Tim Kent as CEO of the company was rejected 9/21/2009. Previous filed reports had been signed by William DePriest as CEO of the company, most recently on 3/11/08. The likely explanation for the rejection is that no amended report was filed confirming Kent's replacement of DePriest as CEO of Realfast. With Kent's imminent departure from NCAR the filing status will likely await the appointment of yet another CEO.

Posted by gregflynn AddThis Social Bookmark Button

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