News Focus
News Focus
icon url

elks

01/07/24 8:13 PM

#72458 RE: learningthetruth #72457

Excellent RM....... IM IN .
Bullish
Bullish
icon url

jdcpa1

01/07/24 8:28 PM

#72467 RE: learningthetruth #72457

Excellent post. Love the DD and bringing good info to the masses.. Thank you!
icon url

Big RDC

01/07/24 8:50 PM

#72482 RE: learningthetruth #72457

Truely a good christain man GOD BLESS!!!
Bullish
Bullish
icon url

garygoldbug

01/07/24 9:04 PM

#72503 RE: learningthetruth #72457

LTT, finally a meaningful post. Thank you!!
Bullish
Bullish
icon url

Roemp

01/08/24 11:52 AM

#72655 RE: learningthetruth #72457

To respectfully respond to your post. I can not speak to the person of John Park(yes adopting children is a wonderful thing) only to the DD I found in regard to his financial situation. Some of does not make sense and contradicts narrative. Here is what I found and can prove everything:
1. John and his wife shared a home and stopped making payments and were foreclosed on about 2017-ish. Why would a wealthily man lose his home to foreclosures.
2. There are several lawsuits where he signed leases and then stopped paying and was sued for the balances 10Ks to 100Ks of dollars. Two of them were settled and 1 has defaulted.
3. In conjunction with number 2 all but one(US only) of the Korean BBQs have closed.
4. The 4 million dollar judgment against him seems he was defrauded by a business partner that left him with holding the bag. But he now has a large bag to hold.
5. He does not own 100% of 510 Himation St. It is owned by HAMILTON STREET ASSOCIATES, LLC. This was created by Perry Pavicic(who owns Recon Services) in 2014. JP came in 06/06/2022 based on the amended filings. This property has a mortgage of 24 million(no idea what it is worth, it rents 84 apartments all 1 to 2 bedrooms plus the first floor) as of 06/09/22 and its property tax is almost a year over due with a balance of 365K and another 91K due on 02/01. This balance is accruing interest every day. His last payment was on 12/29/2023 for 5K(why so little).
6. One Billion dollars is a lot of money. Most companies with 100s-1000s of employees do not have that much revenue. I find it strange that a three man team could pull that. Also if you query total dollars amounts of exports to china. You will see many whole countries do not pull what they are reporting.