Where it says "Search by organization name," click the circle, then type in the company name - 'Amps Electric', then 'Needham' then 'MA'.
At least two creditors have Amps Electric hog tied in a bundle so tight, if John Bianchi tried to buy a hot dog, his creditors would be all over him, demanding their cut, first! As the saying goes: 'The mustard's off the hotdog!'
Here is how this breaks down:
CSC is the representative of Everest Business Funding on the filing of the UCC-1.
Everest Business Funding, along with EBF Partners (a partner company of Whetstone Holdings), lent money to Amps Electric being that they are a Cash Advance Company. Amps stopped paying them. They filed the UCC-1 and have a judgment against Amps.
In other words, two companies lent money to Amps Electric; Everest Business Funding and EBF Partners (a partner firm of Whetstone Holdings). When Bianchi couldn’t pay them back, they filed the UCC-1. As you can tell by the language, they have Bianchi coming and going. These 2 creditors have gone after him. Unfortunately I have no idea how much Bianchi owes them, but I suspect it’s quite a lot.
Based on my contact with one of the creditors, it seemed to me that she wasn’t aware that he had sold his business. The first UCC-1 filing was on 6-20-20-17. FUTL announced the letter of intent in their 6-30-2017 10Q:
“NOTE 11: SUBSEQUENT EVENTS Futureland Corp. signed a binding letter of intent to purchase 32% of Amps Electric, Inc., a Massachusetts Company, by joint venturing with Greenleaf Holdings, LLC's, a Florida Limited Liability Company, 80% purchase of the company. “
10 days after the first UCC-1 filing, FUTL announced their LOI.
The question shareholders should be DEMANDING from Talari or Cox is, where is this solar business Amps is talking about? Amps claims to be an established solar company. How could Amps make over $5M so far? He has creditors crawling all over him for their money back! And what about the ‘sale’ price? FUTL is broke, so how many shares did they issue him? Was Bianchi trying to pull and end run? Trying to figure out a way to sell his shares, make some money without his creditors knowing about it? If so, it didn’t work. His creditors now know about this. :)
How about someone posting this on Twitter or Facebook? See what Talari or Cox says. I’m not into social media. A total waste of time.
It appears Amps is about as close to filing for bankruptcy as you can get. The woman I have been corresponding with? She represents one of the creditors. Guess what her title is? Bankruptcy Clerk!
You think maybe someone is running yet another game on the shareholders? The more I think about, the more I believe it may have been Talari or Cox who made all those $$$$ statements, and not Bianchi (just a feeling); $5M now, $7M to $10M by the end of the year. I don’t think Bianchi is the one who came up with those figures. You think Talari and Cox would concoct a bogus number to impress the shareholders? Naw! Not those two!
It seems the more people dig, the thicker the scum gets.
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