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Post# of 232945
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Dubb10

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Dubb10

Re: La Cima post# 225510

Sunday, 06/12/2016 1:49:47 AM

Sunday, June 12, 2016 1:49:47 AM

Post# of 232945
Perhaps it's from borrowed money from TCA. Their original agreement was up to $5M. A fraction of that was used towards the purchase of the Jeep dealership. The collateral are the assets from the Jeep dealership. That is why TCA has filed a separate suit against Grimm and Associates. Since KATX defaulted on agreed payments to TCA (b/c they allegedly were not getting revenue from Grimm and Associates), TCA seized control of the assets. From what I remember, TCA mentioned that whole scenario in their court filing.

Ken is(was) also suing Grimm and Associates for court costs.

My posts are solely my opinion unless presented with (or directed to) factual information. All investors are strongly encouraged by myself to do their own due diligence before making an investment decision.

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