Good morning Francois. Your comment:
""By the way, if anyone wanted to know how much rent DCHT is paying, check the
insider trading filings of the Socoloske, who are allegedly the Landlords: in round
figures, $637,000 in about 9 months. ""
If you are correct, and they are the landlords, that amount of rent should supply a very large or impressive building. Has anyone visited the place of business?
Just noticed something else that I find a bit strange,if they are as you say, the landlords. The 144's are filed by Saul, Sharon and Fanny. I would have assumed that if they jointly owned the real estate, they would have had a registered business to which the shares could be issued to. If they are joint owners because of a close family arrangement, I would still expect that the shares would be made out to one individual, rather than three. This arrangement is surely more complex for the company, wouldn't you think?
Perhaps there are very simple reasons for this that make perfect sense, I guess it could even be a tax planning, or income splitting strategy. I am not familiar with the US tax laws and am just trying to satisfy my curiosity.
Can you recall where you first heard about them being the landlords?
Regards,
Dan |
