Saturday, September 17, 2016 1:31:36 PM
Salwa Ibrahim is part owner of BlumOak along with her husband Martin Kaufman. She is also part of TRTC overseeing IVXX.
She and her husband received preferred shares of TRTC in exchange for selling BlumOak to TRTC for 51 million dollars. IMHO They did not sell the building that housed the dispensary and grow house. In fact the records I see reflect they took ownership thru their LLC less than a month before opening BlumLV in Vegas......
So they will benefit both ways and shareholders will pay all the expenses receive 50% of net profit and retain no assets since assets are located within the preferred shares.... IMHO
I wonder who spoke up for shareholders during the negotiations?
She and her husband received preferred shares of TRTC in exchange for selling BlumOak to TRTC for 51 million dollars. IMHO They did not sell the building that housed the dispensary and grow house. In fact the records I see reflect they took ownership thru their LLC less than a month before opening BlumLV in Vegas......
So they will benefit both ways and shareholders will pay all the expenses receive 50% of net profit and retain no assets since assets are located within the preferred shares.... IMHO
I wonder who spoke up for shareholders during the negotiations?
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