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Kool Aid Man

01/23/25 1:50 PM

#95186 RE: Mr Smith 34 #95185

Again...IMO Park acquired SPZI from himself and his HSA cohort in order to get the ''shell risk'' warning removed. In doing so he was able to claim the property as an asset and rents as revenue. But were these unpaid bills entered as debts on SPZI's financials? Has he stopped paying rent owed from his restaurant, day care and church operating there?

Moreover, will he use this ''asset'' for other loans or toxic notes? Seems like 510 Hamilton is going down the drain so there's motivation to load it up with debts and loot it before it does.
Bearish
Bearish