collateral collection asset recovery failure

Oh shit, I was going to have you go around back. One right there, huh? Yeah, but go around back. Go, go, go. Do a U-turn right here and go all the way around back. What are these guys right here next door? I don't know, I think they're just doing, uh, I think they're data center generators. Go that way. See if they got the back, back gate shut or not. If not, I want to just go straight into the warehouse. I'm not going to try to get in the way of anybody. I just want to see if— dip down that road right there, right there. See if that door's open. Nope, door's not open, so go back the other way. I'm going the front door. Hold on there. It's got the— it's got the, uh, it's got the VIN numbers in it, so I just want to validate the VIN numbers. Morning. Good morning. Uh, is Austin or Gail around? I think Austin's back.

He's back here.

Yeah, okay. Oops, watch it. Yeah, I almost tripped on it. Hey, good morning. How are you?

Great.

Good.

Morning. Yeah, right. Yeah, yeah. Um, yeah, yeah. Um, do you have those, uh, do you have those Dogs. Um, I see the dog. Yeah, yeah. What are you doing, buddy? What are you doing, sissy? Oh, this one, this one right here will get you. Hi, big dog. It's none of these. Yeah, it still hurts. Maybe it's this one. All right, so there's only one, two— these are all the same models that were here before. No, I don't need to talk to them.

I—

they don't have any. These are not here. Denali, dude. Well, they're— the documents are for two Denali Extremes and neither one of them are out here. Oh, hey, hey, what's going on, buddy? Oh, you know, just trying to find my shit. Can't find anything.

Mhm.

I came to find two Denalis.

Came to find two Denalis?

Yeah, you guys got a couple Denalis you guys are building?

I don't have no Denalis right now.

No Denalis at all?

Uh-uh, I've got a chassis ready to go for one, but Huh, haven't started building it yet.

Really?

Okay, I've got Cheyennes, that's basically all I got right now. I got Cheyenne, Cheyenne, Cheyenne, and then I've, I've got the one custom. How we doing, man? I'm good.

Oh, Roman, um, all right. How's those, uh, how's it turning over there in Buckeye? You guys getting that one done?

Yeah, yeah, slowly but surely. Yeah, yeah, it's a pain in my freaking ass.

What's killing you on it?

It's just the guy's got dementia, so he never fucking remembers anything. So I have a conversation with him and then he turns around and, uh, says that we didn't have a certain conversation, right?

Well, you got to get back to that other, uh, meeting over there. We're over at the, uh, Arizona, uh, Commission Authority. They're doing, uh, Opportunity Zone speech today at at noon. So, okay, Opportunity Zone program's really kicking ass.

What time is that?

Noon.

Noon today?

Yeah, noon today. So they're gonna have a lunch and then the speakers come on at 1.

So invite only or what's the cost?

Yeah, yeah, it's, uh, because we're both, uh, Opportunity Zone advisors, so we got a special invite. But we were cruising through town, we were coming back from Buckeye, and I says, well, let's stop in and see, uh, see how things are going over here. Um, yeah, yeah, yeah, this is an OZ zone. Um, did, uh, are you guys still working with the, um, Omera? Yeah, I seen, I seen him at the, uh, at the Scottsdale factory. Yeah, Patrick, that guy. Yeah, I seen him out there. I was wondering if he was trying to trying to work for you guys or not.

Oh no, he's been a part of us for a while.

Yeah, that was, that was probably the biggest hot topic out there at that Factrite conference was tiny house, uh, manufacturing and, and, uh, just manufactured housing in general is the biggest thing that in, uh, the industrial investors are after right now.

Oh yeah. So yeah, I just, uh They get into it, huh? Oh yeah.

Let me straighten you up a little bit, he said.

What's funny is the Doberman thinks he's alpha until that Husky turns around and shows him and lets him know, hey, I'm the king, you knock it off.

Crazy.

What happened to his leg? Got attacked by—

again, fighting. Like, that's in his blood, bro. He's a fighter. He's a fighter from hell. All right, man. All right, I appreciate you. Good to see you, dude.

All right, man.

Get him, get him, get him! How you doing, sir? No, we were coming up to do an inspection, see what— how the progress was.

Did— was Austin here? Did he walk you through everything?

There's no Denalis here.

There's the Denali Extreme chassis here. You want to talk for a little bit?

No.

Are you sure? 100%. No, we got that meeting we got to get to, but I mean, at the end of the day, Gail, um, we just needed to see where you guys were at progress-wise. And, um, we're good on one and we're not good on the other. Uh, we're not good on either. There's no product back there. There's nothing to collateralize.

What did you just look at? Um, a house with a floor in it and everything.

Yes, there's no house back there. There's no Denali back there completed. Not even close to completed.

No, but there is theater.

There's— but there's nothing back there that's on paper collateralized.

Yes, Amy's house is collateralized.

It's on there. No, that's the misunderstanding you have. There's nothing for us to— there's no asset back there for us to have collateral on. No, no. Well, I'm not. There's two vehicle inspection reports right here that are fraudulent.

They are not.

100% they are. They are not.

She came and they're right there.

All right, show me where those, those VIN numbers are on these, on, on any house back there. I'll give you that. Because per your email you said that you had two of them, one was waiting for paint. That's not a Denali, right? They're both Denalis. No, 100%. I've got, I've got the copies of the MTOs here. They're both for Denali Extremes. Denali Extreme.

Let me see.

Denali Extreme.

This is the Denali Extreme here. This is the Bradshaw Denali Extreme.

So right here, Denali Extreme, Denali Extreme, 52 and 54.

Oh, these are the two that we did the inspections on. This is Amy.

No, no, no, no, no, no. The VIN inspection says Denali Extreme and Denali Extreme right there. So can you show me these two VIN numbers? Yeah, and the MCOs are both for it as well. Yes, ma'am.

Okay, then I have to go look because of this.

Um, so, but this is not collateral. This is not collateral. This is not able to be collateralized. It is not. This is not $150,000. It's not worth $150,000 sitting here. Please understand.

Let me just finish.

Okay, no, you're— I am done listening to you lie to me. I've got 10 documented lies from you. Tommy, please don't do this.

No, don't do this.

No, you've done— no, you've already done it. You didn't pay on time.

No, we didn't pay.

You're in full default. You owe $240,000 to the investor I brought you out of goodwill, and then you still owe me $6,000 for the work you terminated me from. And I let that go because I wanted to help you guys. I believed in everything you guys have done. I've been your biggest fan for 5 years. And can you imagine what you did to me by not paying a simple $6,000 bill?

Do you understand?

No, I don't understand. I don't understand how you're running this. We're not— I know, I see you're not running this. This is not a running, runnable business. You don't have a business here.

So let her, let her explain to see what we got.

No, there's nothing to explain. You screwed me and I need it fixed immediately.

We are doing everything we can.

No, you're not. You're not. No, you're— there's no one working here today.

Do you know why?

Uh, yeah, cuz you can't pay your fucking bills.

Are you going to continue to interrupt or would you like to have a conversation?

No, there's no conversation, Gail.

There hasn't been a conversation since—

you've lied to me multiple times since I gave you the money. Yes, you have. 100%. This is the lie. You said that you had 2 buildings back here that were Denali Extremes.

That we were building from day one.

You've got fraud. Listen to me.

How long was that?

And we gave her the money in December. She hasn't paid a dime since.

Yes, we have.

No, you haven't. No, it's not. It's a 6-month loan with terms that you failed to fulfill. You were given a 30-day cure and failed to fulfill it. You've been to Roatan twice since you got the loan. No, I haven't been to Roatan twice. I've got pictures of your partner in Roatan.

My partner?

Who? Austin.

Austin hasn't been to Roatan.

Last week you guys weren't out of town in another country?

We were not in Roatan, no. We were on the— on Davin's cruise that was paid for a year ago.

On a cruise? They were on a cruise while they owed us $240,000?

Someone paid for us to go on the cruise.

Can you believe this?

It was an investor cruise and we were— Gail.

Gail.

Spoke from stage to a bunch of investors, and I am sending out documents this week to all of those people.

You know, we'd love to see you fix it. We'd love to see you fix it, but the lies have to stop. The lies have to stop. And I need to see 2 VIN numbers, because otherwise this is fraudulent paperwork. And so if I leave here today with fraudulent paperwork, I gotta take it to a lawyer. I can't leave here with fraudulent paperwork and take it to a lawyer. 100%. If you can't show me two VIN numbers again, like according to your MCO that you signed and had a state official sign, these are for Denali Extremes. That's not a Denali Extreme.

No, it's a Cheyenne, right? So that is— I'm going to own that, but these are the ones that I had her.

And then this is not something that is worth anything. This is not worth anything right now. There's no way I can make the money back that you owe me if I took this right now.

No, you can't.

No, right, there's no way to do it, so it's false collateral.

The entire purpose of the loan is in order to be able to get things built.

Is TAS finished?

Is TAS finished? Mhm, TAS is finished.

So then where's the money? You told me you had to finish TAS to pay us some of the money.

We gave you some of the money.

No, you didn't. You didn't even pay even a full payment. You paid partial full payment, partial first payment.

All of the money flow in here. If you're not going to listen—

no, it's, it's, it's not about a flow. It's about the fact that you owe $6,600 to somebody, and you didn't pay that. You paid $5,000, right? And I don't know why you said you would have it based on the email you sent that you— when you finished Taz, you would have more money after you finished Taz.

We were expecting $500,000, and I was expecting—

I was expecting $6,000 from you after the 30-day cure.

The only thing—

you were given 30 days to fix this.

No, I'm not Sam.

Oh, okay.

We're trying to come up with a solution to either help you out to get our money back and then still produce and more, but the going back and forth doesn't help, right?

But we need that. We need to own the things we have. We don't have any collateral here. There's no collateral here.

The collateral is being—

so again, you can call it what you want to, but the lawyer is going to call it what we want to, and that is there's no collateral. It's falsely documented that way. 100%.

Every time we build a chassis, an MCO is created for a chassis.

Okay, yes. And on a vehicle— and on a vehicle, again, she can't— the services haven't been rendered, right?

We're working on it. The reason that we got the money—

so we have an email where she— we have an email that I'll show you later that says that there's one built and one waiting paint, and that's what we're getting MCOs on. And so this one.

You need—

that's not a Dyna.

But this is another. Here, this—

let's— again, because you like to just keep pointing at something that's non-existent, so let's just make sure your understanding is correct. Can you read to me what that says right there? Park Model Denali Extreme, correct?

Yes.

These— that's— this is one and there's two. No, show me the VIN. Then show me the VIN number for this one, please.

This is my— this These two are the ones that I have had in my head that were on these end screens.

So that is— let's— no, it's— again, it's not a mistake. It's not a mistake. It's a critical error. So right here, let's just do this. Let's just do this right here. How long? Again, we heard it was going to be 2.5 weeks, 6 times already documented. I've got 6 times documented this woman has told us it's going to take 2 weeks.

So have we, Tommy.

I don't— that has no concern to us. They don't owe me money, you do. So here you go, right here. There you go, right here. No, the payment is— and so here's how that works. When you send a partial payment, when you send a partial payment, that means that you're expecting us to accept new terms, and that's not going to happen.

I'm not expecting you to—

100%. Yeah, we're not interested in new terms.

I'm not—

it's a, a $240,000 payment.

There is not $240,000.

Then, then we have to come up with a new system for you. We got to figure out what you can do in order to make that happen. Okay, then are you still open to equity? Because I heard that you're able to convert people to equity.

Yes.

Right. Okay, so let's have a discussion about— let's have a discussion about—

I'm not going to be partners partners with you. I'd be partners with the wife.

No, no. Well, here's the thing. We wouldn't even keep you on. You're not capable to do this business. You've proved for 4 years you can't make profit here. You've been running this thing into the ground, and it's full steam into the ground now. You don't have anybody here working. Look around. Wake-up call. You ruined a damn good friendship. I was your biggest fucking cheerleader, and you did this to me. So I'm going to tell you the truth. I'm giving you a truth. You, you, your front office Fucked up that old man down there in Buckeye. Told him that he could get a $10,000 addition to his fucking house that cost more than the house you built. They kept promising them the world, and I gave you realistic numbers. You can go check with anybody out there. The realism is that you can't run a home building company. You failed at doing it, and it's time you hang up the hat and hand it over. If you want to get yourself out of trouble, I'm offering you a golden bridge to escape from.

Then what's that?

I take over your company. Bullshit. Then guess what? Then, then move on, cuz I've got— look, here's the state signature on fraud.

It's not fraud.

Prove it in court. Now we're done. We're done. We're suing the fuck out of you. Let's go. You got to learn. I brought you a solution and, and you're— and you're— and you told me to piss off, so The, the solution is you find somebody that can do the job you can't. You got to find somebody that can do the job you can't.