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Thursday, June 28, 2018 8:44:30 PM
You found this article on google which said TIMOTHY WARBINGTON was a Managing Member of WEST COAST SPORTS (parent company of Centerfolds, Inc.)
http://www.phoenixnewtimes.com/music/centerfolds-cabaret-closes-down-after-its-liquor-license-is-suspended-following-deadly-altercation-9050899
New Times also spoke with Timothy Warbington, a managing member of West Coast Sports (the parent company of Centerfolds), who confirmed the shutdown but declined to comment further on the matter.
FOR ANYONE WHO DOES NOT KNOW. THE LEGAL DEFINITION OF MANAGING MEMBER IS PASSIVE INVESTOR.
TIMOTHY WARBINGTON is a "passive investor", just like you or I could invest in 100's of RE Partnerships and be Passive Investors. It's not a crime to be a passive, minority investor and I'm sure when CELZ uplists to the NYSE he will fully disclosed all his passive ownerships.
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