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Friday, 05/17/2019 8:19:59 PM

Friday, May 17, 2019 8:19:59 PM

Post# of 38067
An interesting connection between Viola and Rich Richman...

RICH RICHMAN JR
RICHMAN ENERGY
"Rich is a visionary that can "fast forward" on any idea or concept for a profitable outcome for everyone. I am blessed to have met the man."
https://www.alignable.com/forest-hills-ny/the-daniels-companies-of-new-york

The Richman Organization is a Dallas-based real estate company that focuses on purchasing raw land, developing properties, leasing each property to stabilization, and ultimately, selling the finished product. Throughout this process, we act as the coordinator of each new development, converting ideas into real property that provides upside potential to both our company and our investors.

Since its founding in 1982, affiliates of Richman have invested and/or committed to invest over $3.8 billion of equity in more than 300 separate transactions from public and corporate pension plans, foreign institutions, insurance companies and banks, endowments and foundations, trusts, and high net worth individuals.

Through the Principals’ relationships, experience and discipline, Richman has consistently demonstrated its ability to identify opportunities to create and maximize value, while minimizing risk, through: opportunistic value investing, which correctly identifies capital voids, market and operating inefficiencies and anticipated cyclical recoveries; value-added asset management, which aggressively seeks to redevelop or reposition under-managed and under-capitalized assets to appeal to a broader, institutional marketplace; and a disciplined disposition strategy, which identifies an exit strategy before an investment is made and is continuously evaluated to seek an optimal and efficient result.

Richman believes it is critical that those making the investment and management decisions invest significant personal capital alongside investors.

The Richman Organization and its affiliates have structured and sponsored real estate investments that have surpassed 8.8 Billion dollars of properties acquired, developed and/or sold. Richman Energy is a subsidiary of the Richman Organization and is a fully integrated E & P company with non-operating interest holdings in the Permian Basin.


https://www.alignable.com/addison-tx/richman-energy

The Payless model is expected to generate immediate positive cash-flow in both of its two business segments and is expected to be asset-rich as well. The subsidiary company is seeking $5 - $6 Million in secured debt financing that can be amortized over a 48-month period at a 20% APR interest rate. In order for the individual investor to participate and benefit from this type of financing, we are incorporating a Truck Buying Trust within the Payless Subsidiary. As a separate incorporated entity, the Trust will hold the Trucks for the benefit of the trust investors and it will be subject solely to the financing of the trust entity. This financing includes direct debt financing and convertible preferred stock. The senior management of the Parent ("DCAC") and the operating management of Payless will manage the Trust, and purchase and place the 140 trucks at the rate of 10-12 trucks every month for a year. The monthly truck purchases are expected to have a total monthly capital cost of $500,000 including working capital.
https://www.globenewswire.com/news-release/2018/08/14/1551753/0/en/Daniels-Corporate-Advisory-Company-Inc-DCAC-Announces-Its-Premier-Subsidiary-Deal-is-Operational-and-Profitable.html

$DCAC