Love the exposure but the interviewer introducing DP "of the Terra Tech Company" just sounded awful. Please change the company name Derek! Long overdue.
Imagine if one will, your neighbor has their business for sale and the garage has been turned into a green house. Their business lost 500K last year but that's because it was not for profit so they say. They want 22 million dollars for their business and part of the assets is their name worth 6 million ? Now you already use that name in other stores.... Now its time to negotiate .....and your neighbors wife has been chosen to represent shareholders and she has to deal with her husband over the price. Now two weeks before you sign the deal your neighbor buys the house the business is in and forces you to pay 28,000 a month to rent his house and then he charges you 800,000 to remodel his house and he uses his construction company to remodel it. And for security, you pay him 340,000 a year to make sure your business that lost 500,000 last year is secure. Now you dont have to pay the bill for a year but when you do, some in that household want 2 million dollars in cash......not stock.......
A year and one month after you pay the 2 million in cash and you then give the owners a bonus for losing 2 million last quarter. My posts are for entertainment purposes only.
"The Company is a party to the following transactions with Martin Kaufman and Salwa Ibrahim, each of whom beneficially owns more than 5% of our outstanding Common Stock. An entity owned 100% by Mr. Kaufman and Mr. Ibrahim owns the property where the Company’s Blum Oakland facility is located. That entity leases the property to an unaffiliated third party for $16,000 per month. The Company subleases the property from the third party for $28,840 per month. The Company pays $24,000 per month in rent for the property where its Oakland, California cultivation facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim . The Company pays $24,000 per month in rent for the property where its San Leandro, California dispensary and production facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim. The Company pays approximately $35,000 per month to an entity owned 50% by Mr. Kaufman to provide security at the property where its Blum Oakland facility is located. During the twelve months ended December 31, 2016, the Company purchased $76,638 in products from an entity owned 9% by Mr. Kaufman".
We can connect Martin Kaufman to Fairway Medical Plaza LLC via the company contact CCIG aka CALIFORNIA CAPITAL & INVESTMENT GROUP, INC .
The following trail is purely an opinion and for entertainment purposes .
BlumOak uses CCIG for lease purposes(paragraph 1) and is included in the past filings by TRTC. Whats interesting on paragraph 54 is that since 2012 MKSI Investments is listed as Master Landlord. MKSI is owned by Martin Kaufman. Two weeks before the close of BlumOak, MKSI became owner of BlumOak and charges rent of 28,000 a month to shareholders after shareholders paid 22 million for BlumOak.....Who sat at the table representing shareholders? Salwa Ibrahim, wife of Martin Kaufman.....MKSI I wonder if that stands for Martin Kaufman and Salwa Ibrahim ? https://www.sec.gov/Archives/edgar/data/1451512/000147793216009491/trtc_ex1027.htm
CCIG now represents Fairway Medical Plaza LLC which may turn into BlumSL.
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