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| Corporate Shape Shifters (trademark pending) |
But, then, one day I realized...
"How can the Detroit Land Bank Authority have a credit rating, let alone credit when it never incorporated?"
So, I decided to click the link, where, it seems someone had motivated D&B to update its website by creating toll barriers, just in case someone wanted to look up public information that just so happens to be fraudulent, which would be used to secure a federal CAGE # in order to do business with the United States.
But, since D&B did not do a very good job at covering up its corporate shape shifting activities, I just so happened to get a peek at the master file.
I figured I would save Bill Schuette the time of doing his job as Michigan Attorney General since he was so busy campaigning and all.
Look what I found.
In the spirit of fuchsia...
Selected Company: DETROIT LAND BANK AUTHORITY
D-U-N-S #: 96-348-1028
Business Summary
Company Name:DETROIT LAND BANK AUTHORITY
D-U-N-S #:96-348-1028
DBA's:N/A
Address:500 Griswold St Ste 1200
City:Detroit
State:MI
Zip:48226
Phone:3139746869
Principal:RICHARDWIENER
Year Started:2010
Employs:99 which includes officer(s) and 5 part-time.
SIC Code(s):
65310000Real estate agents and managers <=== No state issued licenses.
NAICS Code(s):
531210Offices of Real Estate Agents and Brokers Not state registered.
Legal Structure:N/A <== There is no legal structure because it is not incorporated.
Special Events
There have been no special events reported to D&B for this company.
Officers and Directors
Current Officers
RICHARD WIENER, EXEC DIR
ERICA GERSON, CHAIR
MARSHA BRUHN, VICE CHAIR
RICHARD HOSEY, TREAS
Current Directors
RICHARD WIENER
ERICA GERSON
MARSHA BRUHN
RICHARD HOSEY
How can board members run operations? This is called inurement, but only if they had incorporated.
But as they never incorporated, then it is alright to profit from a fake operation.
Why is Richard Hosey of the Capital Impact Partners claiming to be the Treasurer for the Detroit Land Bank Authority, which never incorporated and has no bank account, when he is also in the position of Director for the Detroit Land Bank Authority, which never incorporated, when he is "acquiring" properties from his Corporate Shape Shifting positions at the Detroit Land Bank Authority, and making a profit?
Last time I checked, that was called personal inurement of public office, like the violation of the Emoluments Clause, but since the Detroit Land Bank Authority never incorporated, I guess they never violated any federal law, so I guess it is okay for Richard Hosey to be stealin' Detroit properties so he can look really important.
Last time I checked, that was called personal inurement of public office, like the violation of the Emoluments Clause, but since the Detroit Land Bank Authority never incorporated, I guess they never violated any federal law, so I guess it is okay for Richard Hosey to be stealin' Detroit properties so he can look really important.
He did have his hands in his pockets for the video, so I guess that makes him above the law.
Boy, I would just love to see the IRS filings for Capital Impact Partners, oh, and for the Detroit Land Bank Authority because they never incorporated and I am want to know which FEIN they put down on their paperwork.
Government acquisition and disposition of local real estate properties (100%). Fax Number: 303 285-9019.
All sales cash. Terms are Net 30 days. Sells to general public. Territory : Local.
Operations
Employees
99 which includes officer(s) and 5 part-time.
FacilitiesLocation
Central business section on main street.
U.S. Branch
There are currently no U.S. branches listed in this company report.U.S. Subsidiary
There are currently no U.S. subsidiaries listed in this company report. But there are.
International Branch
There are currently no international branches listed in this company report.
International Subsidiary
There are currently no international subsidiaries listed in this company report.Payment Summary
 | Total Received | Total Dollar Amount | Largest High Credit Payment summary | Within Terms | Days Slow | |||
|---|---|---|---|---|---|---|---|---|
| <31 | 31-60 | 61-90 | 91+ | |||||
| Top Industries | ||||||||
| Misc business service | 3 | $12,500 | $7,500 | 40% | 0 | 60 | 0 | 0 |
| Misc business credit | 3 | $250 | $0 | 0% | 100 | 0 | 0 | 0 |
| Mfg computers | 1 | $25,000 | $25,000 | 100% | 0 | 0 | 0 | 0 |
| Nonclassified | 1 | $2,500 | $2,500 | 100% | 0 | 0 | 0 | 0 |
| Misc equipment rental | 1 | $1,000 | $1,000 | 100% | 0 | 0 | 0 | 0 |
| Telephone communictns | 1 | $750 | $750 | 100% | 0 | 0 | 0 | 0 |
| Misc publishing | 1 | $500 | $500 | 100% | 0 | 0 | 0 | 0 |
| Coating/engrave svcs | 1 | $500 | $500 | 100% | 0 | 0 | 0 | 0 |
| Newspaper-print/publ | 1 | $0 | $0 | 0% | 0 | 0 | 0 | 0 |
| Other Categories | ||||||||
| Cash experiences | 2 | $100 | $100 | |||||
| Unknown | 0 | $0 | $0 | |||||
| Unfavorable comments | 0 | $0 | $0 | |||||
| Placed for collections with D&B: | 0 | $0 | $0 | |||||
| Other | 0 | N/A | $0 | |||||
| Total in D&B's file | 15 | $43,100 | $25,000 | |||||
The highest Now Owes on file is$7,500
$7,500
The highest Past Due on file is $250
$250
There are15payment experience(s) in D&Bs file for the most recent 24 months, with 10experience(s) reported during the last three month period.
15payment experience(s) in D&Bs file for the most recent 24 months, with 10experience(s) reported during the last three month period.Payment Details
Total (Last 24 Months):15
15
Payments Detail Key:
30 or more days beyond terms
30 or more days beyond terms
Accounts are sometimes placed for collection even though the existence or amount of the debt is disputed.
Payment experiences reflect how bills are met in relation to the terms granted. In some instances payment beyond terms can be the result of disputes over merchandise, skipped invoices etc.
Each experience shown is from a separate supplier. Updated trade experiences replace those previously reported.
How do you sign contracts?
How do you make payments?
I do not even wish to think about the taxes, or rather unreported taxes, but then again, you cannot tax that which does not exist.
Key Financial Comparisons
| ($) | ($) | ($) | |
|---|---|---|---|---|
| This Company's Operating Results Year Over Year | ||||
| Net Sales | NA | NA | NA | |
| Gross Profit | NA | NA | NA | |
| Net Profit | NA | NA | NA | |
| Dividends / Withdrawals | NA | NA | NA | |
| Working Capital | NA | NA | NA | |
| This Company's Assets Year Over Year | ||||
| Cash | NA | NA | NA | |
| Accounts Receivable | NA | NA | NA | |
| Notes Receivable | NA | NA | NA | |
| Inventories | NA | NA | NA | |
| Other Current | NA | NA | NA | |
| Total Current | NA | NA | NA | |
| Fixed Assets | NA | NA | NA | |
| Other Non Current | NA | NA | NA | |
| Total Assets | NA | NA | NA | |
| This Company's Liabilities Year Over Year | ||||
| Accounts Payable | NA | NA | NA | |
| Bank Loan | NA | NA | NA | |
| Notes Payable | NA | NA | NA | |
| Other Current | NA | NA | NA | |
| Total Current | NA | NA | NA | |
| Long Term Debt | NA | NA | NA | |
| Defferred Credit | NA | NA | NA | |
| Net Worth | NA | NA | NA | |
| Total Liabilities And Net Worth | NA | NA | NA | |
Balance Sheet
Fiscal Consolidated Statement Dated
We currently do not have any recent financial statement on file for this business.
Key Business Ratios
(Industry Median is based on this number of firms: )
)| This Company | Industry Median | Industry Quartile | |||
|---|---|---|---|---|---|
| Solvency | |||||
| Quick Ratio | NA | NA | NA | ||
| Current Ratio | NA | NA | NA | ||
| Current Liabilities to Net Worth | NA | NA | NA | ||
| Current Liabilities to Inventory | NA | NA | NA | ||
| Total Current | NA | NA | NA | ||
| Fixed Assets to Net Worth | NA | NA | NA | ||
| Efficiency | |||||
| Collection Period | NA | NA | NA | ||
| Inventory Turn Over | NA | NA | NA | ||
| Sales to NWC | NA | NA | NA | ||
| Acct Pay to Sales | NA | NA | NA | ||
| Profitability | |||||
| Return on Sales | NA | NA | NA | ||
| Return on Assets | NA | NA | NA | ||
| Return on NetWorth | NA | NA | NA | ||
ActDetails
Judgements - "you cannot sue something if it never incorporated." The "Legal Geniuses"
No judgments have been reported to D&B on this company.
Liens - "You can never be granted a judgment of lien if it never incorporated". LG
Liens - "You can never be granted a judgment of lien if it never incorporated". LG
No liens have been reported to D&B on this company.
Suits - "You may never effectuate service if it never incorporated." LG
Suits - "You may never effectuate service if it never incorporated." LG
No suits have been reported to D&B on this company.
Collateral:Negotiable instruments including proceeds and products - Inventory including proceeds and products - Account(s) including proceeds and products - Assets including proceeds and products - and OTHERS
Type:Original
Secured Party:DETROIT DEVELOPMENT FUND, DETROIT, MI
Debtor:THE DETROIT LAND BANK AUTHORITY
Filing Number:2014073266-0
Filed With:
Date Filed:05/21/14
Latest Info Received:06/20/14
Original Filing Number:
Original UCC Filed Date:
Exactly like I have been saying for almost two decades.
They use the intellectual property as collateral. In this situation, I have a very strong suspicion that there are bogus land patents on file that are being used as collateral for leveraging finance.
They use the same damn model in child welfare.
The following is taken from the Michigan Secretary of State site explaining UCC filings.
Ruth Johnson has some explaining to do, and so does Mike Cox. Someone bring the drinks. They are going to need it.
Exactly like I have been saying for almost two decades.
They use the intellectual property as collateral. In this situation, I have a very strong suspicion that there are bogus land patents on file that are being used as collateral for leveraging finance.
They use the same damn model in child welfare.
The following is taken from the Michigan Secretary of State site explaining UCC filings.
A financing statement provides public notice of the security agreement between a debtor and the secured party, the lender. The financing statement describes the types of collateral or personal property that is pledged against the value of the loan, and it identifies the parties that have an interest or stake in the collateral if the debtor defaults. A financing statement filing includes all UCC documents related to the initial financing statement.So, someone explain to me how it is something, or perhaps we should use the nomenclature of preference, quasi-governmental organization, a body corporate, can be approved by the Michigan Secretary of State to be used as a UCC lien, when it does not exist?
Ruth Johnson has some explaining to do, and so does Mike Cox. Someone bring the drinks. They are going to need it.
Bankruptcies - "You can never go bankrupt if you never incorporate." LG
No bankruptcies have been reported to D&B on this company.
Government History - Look at what we have here. Federal business designations!
Borrower(Dir/Guar):NO
Administrative Debt:NO
Contractor:NO
Grantee:NO
Party excluded
from federal program(s):NO
from federal program(s):NO
Labor Surplus Area:YES (2018) <== How can it hire if not incorporated?
Small Business:YES (2018) <== How can it be a business if it never incorporated?
8(A) Firm:N/A
The Detroit Development Fund has filed in the State of Michigan an UCC lien on the Detroit Land Bank Authority. This means Detroit is owned by foreign nationals. I smell allodials.
744775
The Detroit Development Fund has filed in the State of Michigan an UCC lien on the Detroit Land Bank Authority. This means Detroit is owned by foreign nationals. I smell allodials.
744775
- 601 ABBOTT RD EAST LANSING MI 48823
- United States
- DETROIT DEVELOPMENT FUND (trading name, 2011-11-18 - 2014-11-25)
- ENTERPRISE DETROIT (trading name, 2010-09-09 - 2015-12-31)
Recent filings for DETROIT DEVELOPMENT FUND
14 Nov 2016
28 Apr 2016
28 Apr 2016
25 Nov 2014
25 Nov 2014
20 Jun 2014
20 Jun 2014
17 Jan 2013
Intellectual property can be used to file UCC liens.
The Detroit Development Fund has a registered trademark exactly like the Hardest Hit Fund.
1 comment:
I own Detroit.
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