331-493-0646

In November, 2024, we thought we purchased fractional ownership in the Marine Collection between Administradora y Comercializadora del Mar SA de CV. As part of the agreement we were to be divested of our timeshare ownership with another company. We were to be paid for nights not used in Marine collections floating week Kovay Vacations whose address is Km. 1.2 Carr. Punta de Mita, La Cruz de Huanacaxtle, Nayarit, Mexico 63732 in the municipality of Bahia de Banderas. The entity that was to execute the divestment and pay us for nights not used is BLUE POINT CONVERTERS. This company has failed to complete their part of the transaction and have promised to pay us the same of $47,600.00 USD - this sum is for the divestment from our old timeshare company as well as for the nights not used and returned for use to Kovay Vacations. The divestment has not occurred . Blue Point Converters phone numbers - 866 217 5081; 888 969 2163; (+52) 331 493 0646 - and all non-functional. The first email came September 15, 2025 stating they would send funds to our bank account and the IMAD number for the transaction is 20250915 556310. This never occurred. I emailed them and someone called saying there was a problem and it would be re-sent with a final posting deadline of October 27, 2025. This never happened. Then on October 31, 2025 they requested we resend the International Electronic Deposit Form because there was a problem. We did this and still nothing was deposited. Again on November 14, 2025, there was a request to submit the International Electronic Deposit From and I resent it. Nothing happened. On January 6, 2026 they called and said the Mexican government required them to collect my information again so I sent the same information again. Nothing has happened and then all communication has stopped. When emailing them to see what has happened to the transaction, they respond with an a [BBB Scam Type: Travel/Vacation/Timeshare] [Business: Blue Point Converters/Kovay Gardens] [Loca

In March 2025, we thought we purchased fractional ownership in the Marine Collection between Administradora y Comercializadora del Mar SA de CV. As part of the agreement we were to be divested of our timeshare ownership with another company. We were to be paid for nights not used in Marine collections floating week Kovay Vacations whose address is Km. 1.2 Carr. Punta de Mita, La Cruz de Huanacaxtle, Nayarit, Mexico 63732 in the municipality of Bahia de Banderas. The entity that was to execute the divestment and pay us for nights not used is BLUE POINT CONVERTERS. This company has failed to complete their part of the transaction and have promised to pay us the amount of $71,050.00 USD - this sum is for the divestment from our old timeshare as well as for the nights not used in 2025 that we purchased and returned for use to Kovay Vacations. The divestment has not occurred. Blue Point Converters' phone numbers - 866-217-5081; 888-969-2163; (+52) 331-493-0646 are all non-functional. The first email came March 20, 2025 requesting all information (bank account for wire transfer, cash rewards submission, and contracts for both Kovay and time share being divested) for the execution of the contract. This was supposed to occur March 20, 2026 per an email I received on October 1, 2025 stating Accounting had programmed a payment to our account for this date and giving a financial breakdown of the proceeds. This has not occurred. Upon emailing them, I received "message not delivered" and when calling them, all numbers are no longer in service. When emailing them to see what has happened to the transaction, they reply with an automated response. All the phone numbers are disconnected. So I have no way of contacting them and they have not deposited any money into my account. I feel that I have been scammed. [BBB Scam Type: Other] [Business: Blue Point Converters] [Location: IN, USA- 46970]