-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VdRMf2A2RbA4jF2yyAzOv/hR9k1KU04aKkrA2k3gfakQh5IQXAOmTSfKmsCJ6ekG 5Ax8XxUMGOje7c4LnCiYww== 0001193125-03-007110.txt : 20030529 0001193125-03-007110.hdr.sgml : 20030529 20030529141414 ACCESSION NUMBER: 0001193125-03-007110 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030529 EFFECTIVENESS DATE: 20030529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DSI REALTY INCOME FUND IX CENTRAL INDEX KEY: 0000764586 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 330103989 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-14186 FILM NUMBER: 03723158 BUSINESS ADDRESS: STREET 1: 3701 LONG BEACH BLVD CITY: LONG BEACH STATE: CA ZIP: 90807 BUSINESS PHONE: 2135957711 MAIL ADDRESS: STREET 1: 3710 LONG BEACH BLVD STREET 2: P O BOX 357 CITY: LONG BEACH STATE: CA ZIP: 90807 DEFA14A 1 ddefa14a.htm DEFINITIVE ADDITIONAL MATERIALS Definitive Additional Materials

 

SCHEDULE 14A INFORMATION

 

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

 

 

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DSI Realty Income Fund IX


(Name of Registrant as Specified In Its Charter)

 

 

 


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LOGO

  

DSI Realty Income Funds

A California Limited Partnership

6700 E. Pacific Coast Hwy. #150

Long Beach, CA 90803

  

First Class

U.S. Postage

PAID

Los Angeles CA

Permit # 30835

    

 

IMPORTANT NOTICE

From Your General Partners...

 

VOTING TO CONTINUE

 

Dear Limited Partner,

 

On May 12, we asked you to vote for a Proposal that would give the General Partners the right to review, match or exceed proposed transfers before they are effected. Subsequently, there have been objections made by parties whose ability to buy units at a discount would be jeopardized if the Proposal passes. The objecting parties, who claim to have the Limited Partners’ interests in mind, are the same parties that have sent solicitations to you for several years offering to purchase your units for prices well below the original purchase price.

 

These same objecting parties also filed a lawsuit challenging the Proposal. Contrary to the objecting parties’ May 23 solicitation, the Court did NOT rule against the General Partners’ Proposal. The Court simply said that voting may continue, but the Proposal may not be implemented until the Court hears from both sides, not just the objecting parties.

 

Please keep the following in mind when considering your vote:

 

  ¨    Given   their history, do these objecting parties really have YOUR best interests in mind?
  ¨    The   right of first refusal does NOT prevent a seller from obtaining any offer by way of any means available to them.
  ¨    The   Proposal would give the General Partners 10 days to review, match or exceed any offer to buy before units are transferred to another investor.
  ¨    The   Proposal will help ensure that a selling Limited Partner is aware of all available options before selling units.
  ¨    We   believe the Proposal will ultimately encourage more substantial offers by potential buyers.

 

None of our DSI Realty Income Funds has EVER missed a quarterly distribution payment. Additionally, the high rates of income that we have been able to provide to our investors are a source of great pride. It is these very rates that make us so attractive to outside solicitors looking to accumulate units for their own accounts.

 

WE APPRECIATE THE OPPORTUNITY TO SERVE YOUR INVESTMENT NEEDS AND ENCOURAGE YOU TO VOTE “FOR” OUR PROPOSAL. In addition, we invite you to call your DSI Representative or the General Partners’ Office with any questions you may have at (800) 732-1733.

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