881104-b

11-9-23
Susan

MEETING TRANSCRIPT:  G. C. HATONN

FUN PROPOSALS AND FUNDING

00:03
[Oberli] Thank you for the pause, Randall. 
[Randall] I had talked to a gentleman by the name of Toby and Bob Cato, a gentleman I've known for some time in Sacramento. They were interested in the financing business and they said that they had some people that they were working with. Miles Silver was one of those and we talked to him over the phone the next day, talked to him over the phone, a conference type call, and met him, went over some things. He said he does do some startups, and that he did have some pools of money that he was in charge of. He's been in charge of massive amounts of money for large corporations. I forgot the name of those corporations. He, last week I believe it was, was given a trust that had $50 million in it to manage $25 million of it went into Fannie Mae’s to secure the principal I believe. And then today, yesterday when we were in, he dropped a little thing in my ear, our ears, saying that he had another 50 million that came in that was available. And we spent most of the time going over possibilities because we knew that the large loans were why we were there. And that's what we brought and that's what I told him I was going to bring. But I also wanted to go over bridge money and seed money and like engineering money, money to secure property to pay the deposits on the property and things like that. And we went around some scenarios like that, possibilities and probabilities of doing those things so we could bide the time. And so like if Otto approves a loan, for example, or if Miles Dover says yes to a loan, it takes a little bit of time to get everything ready for fourth funds. And in Otto's case, it can take up to 150 days. That's counting doing the paperwork and things. Possibly 90 days and it looks like through the power of prayer that they'll just fund it as soon as we get the paperwork done. But that's what I asked for. So. During the interim of the funding and of the long-term financing, we want to be able to start our engineering process and still think so when we get the funds in the bank we don't have to sit and wait for the engineering to be done or to negotiate for the real estate. That should be all done before I would suspect. So we went through those kind of scenarios with Mr. Stilwell. He told a little bit more of his background and then we gave him the package ABT for $30 million and then also gave him Capitol Hills. Went over the Capitol Hills, I showed him the improvement areas of the streets and sidewalks that are on the back map of Capitol Hills, showed him about where we wanted the ABT and then he was familiar with Anderson's front. I'll be sending that to him. What we wanted to do, the vision, I gave him a comparison between doing a North Tehachapi mini city there compared to wrapping a city around an already existing airport where he was sitting. How much easier that was, it's pre-planned development. He could see that. He had some very good questions. He told me a little bit about the movie industry, portions of it moving into that area. His money is a lot less expensive than Otto’s. Fees and things to pay for. He charges no fees up front. He gets a lot of his money out of pension funds and things, such things. And I think that the day, to me was a marriage of something I've asked for for a long time, being able to have access to money to prepare packages to be funded or stabilizing. I think that we'll be able to do that. I know I'm moving out a couple of things, but we walked on the way downstairs. We got on the driveway and he said, well, we'll work together and we'll both make some money and we'll make this thing happen. He walked away to this car with our packages in his hands. He should call me today. He told me to call him as soon as he could and call me and let me know. Do you think that won't work? Anybody who can turn on an inoperable Jacuzzi can most certainly make this work. Once he gets started, do you see, the only thing he doesn't know how is to turn it off. So we have an open mind.
[Randall] I just said I'm not going to worry about turning it off right now. I just want to turn it on. 
I don't care. You know, already we have a, we have now an agreement and I want someone like Oberli to touch with Stevens, remind him of what he said, reassure him we are going to buy that and then by golly I think that you should borrow one of those catfish form proposals and copy it. 
[other speaker] I do too!
Let's just get it all in there. 
[Randall] Ok 
Every one of them. Even the things you fund from something else, go ahead and put in a proposal. Somewhere. Mr. Gritzner thinks that he knows all there is about accounting. We're going to let him prove it. [other speaker] Right. 
He isn't going to want to spend time in jail. He'll do it right. We'll pay him really well. And then maybe he'll get his proposal written which he hasn't done. All we need are these proposals to pour in for the mortgage bank, for the accounting firm, but you see all the ones are still waiting, and waiting and waiting. Well, that means that some are going to sit up all night doing their proposal, and 150 days is going to look like a long time while you're hand accounting. Because you're going to have 47, 50, 60, 100 corporations the minute you get enough money to pay for them. And somebody's going to have to staff up right fast. You're going to have trouble just paper-wise dispersing.  But right now what we need is the upfront and that bridge money and just the bridge money is not enough granted if you had 25,000 you could really start one of these in beauty but it's going to require more money outlaid than that. Go ahead 
[other speaker] Otto mentioned that he would be able to possibly pay some money to possibly want to hook to real estate to prepare it?
Let's look right into it as fast as possible. Because you see you have two things. You have some breakdowns on property both from Larry Skelly, from John Nunes, and from North Tehachapi. You can give Otto anything he needs to do that. And all of these ones need to move right along as fast as we can. Now it will get easier because when there is money to work with, first of all they take you seriously and number two, they see it coming, they're going to get busy and give you a proposal with financials, etc. Crawford and Guthrie have excellent. Don't you think that John Broome, when you get ready to deal with that, has excellent. I mean the man is wealthy. He uses this just as a land investment. He'll want to play with you. And as soon as you can get Ron Houdin out here to do a proposal for a track, you'll do your proposal. Parsons will do your proposals. Money will give you freedom. Money will give you all the rest that you need. And this is what money should do. It's only purpose. And then it won't be money. It will still be a paper trail. You don't use money anymore. Don't blame the government for printing money. They don't print money. They merely up the debt and hide it behind and all of the newscasters can say, well they printed more money, that's why it's of no value. No, it doesn't have anything to do with it. Nothing, zero. And the Federal Reserve cannot possibly even begin to touch control of it. They control nothing because everything, when it came that the Federal Reserve Bank, for what it was set up for, you always have clever businessmen. And now they have so cleverly gone about every other mechanism from certificates of deposit to commercial paper that doesn't have anything to do with the Federal Reserve. It is not the printing of money, it is the increasing of debt. And your ones including, well, unless we had made your credit so bad, all of you too would be up and over your heads in the barrel, sunk in the barrel. Almost all of your regular payments now are not going for new goods, they're going for debt. And that alone would do you in. Man doesn't have any money. And if he purchases now, he's got to purchase on top of already incredible debts. This is what happens with the countries. The United States keeps giving their money. And let us just talk about a little bit, like Mexico, when I said they made a payment since 1800, hold it in your heart, you've got to get the other three and a half billion down there to keep yourself going and the money has gone out to everywhere, they forgave Brazil, they forgave everybody because they know they won't get it anyway. And the minute they default, any one of these big ones, gets in. And Mr. Dukakis gets out there and proclaims, I will not give any more aid, even to Mexico. Anyone who continues to deal in drugs, you're dead. Mr. Bush knows it. That is the only economy this world has anymore.
[other speaker] You read in the paper yesterday that a $82 billion transaction from Mexico,
[other speaker]  To refinance 
That's another one that you look for. Two words that mean destruction restructuring and refinancing it just prolongs the death. It's like putting a life system, a person on heroic efforts to prolong its life. There is no way, they know there is no way. They are just getting themselves situated, the ones who have money, to get through this period of collapse, which would be depression. And that does not mean the world is finished, don't misunderstand, this means that probably some can recover, but it's going to have to go all the way. And then if the monetary system can survive at all, it can then be bid on something reasonable. Inflation is not inflation. It appears to be inflation. It is not, it is the increase in debt. So they will tell you everything but the facts are it is your overwhelming debt and not just of your government you think well we go into debt for this this this and this. No, your government is only a small portion as a matter of fact of your country's debt. All of you carry the rest of it. Inflation is a misnomer. It appears to you because what price is really, you're in a deflationary period. Price is really, if you go down and buy a toaster, you can find it on sale somewhere for ten bucks when it used to be twenty-five or forty-two. The price of goods basically, with the exception of perhaps automobiles, which are of many reasons why those remain high, not the least of which are labor unions and the cost. You see, as it got worthless to change the system, the manufacturers simply took their business, their manufacturing out of the country or started importing cheaper materials. And it's going to catch up, it's already caught up. 
14:17
Until you get back on a production system because you have no production. So basically what you are having is when a man leaves a job for any reason when he tries to get another job it is not equal anymore. You may not get a cut in salary if you stay but they'll figure a way to get you out too early retirement etc. etc. The business world is in trouble and to cut back they use those kinds of methods. So if a 60,000 a year man or a 100,000 a year man gets another job somewhere else that's equal in status he's going to pick up maybe 60. So basically your salaries are going down. The cost of goods are going down. So you're in a deflationary period and yet inflation as they are using it is going up. So you have a no win situation. Money has been loaned out, let us use this over a period of years, say you pay out in loans a billion dollars and maybe what you get back is 600 million at the very most against that. Out of trillions of dollars maybe the only thing that these countries can scrape up is a sold event. There is no way. And they are so busy trying to meet the debt, the only way to survive at all is to cancel the debt. Just say we're not going to pay it. Just totally right up front default on it. But then you're dead. And that's what Mexico has said. They do not have money to do any improvements at all. Every cent that the Mexican government for instance has must go in to retire these debts. And so they have nothing left with which to build. So it can't do any better. It just gets worse. And yet hallelujah brother John I'm glad the people don't know it yet. Gives us a year or so. But that's why we're going to play the game with all the information that we have. And there will be shrewd ones who see it coming and get this money scattered around while it has any value. You see there are always a few coming out of Mexico or anywhere in these bankrupt companies, countries that do have money they want to get around and out of their country before it's confiscated. I think I'm through pontificating. 
[other speaker] If you want to change the subject a minute, I’ll tell you what I heard.
All right.
[other speaker] A waitress was talking to a customer next to me about going ahead I guess we're all practical purposes, since the sale has been concluded. We're changing some personnel, calling the personnel in, getting started on the planning on a new changeover of the systems. 
Very good. It's time then to get in touch with Mr. Batson let's see how and who. We don't need to worry about it now but it would be nice to be working with those ones from the onset of their plans. You cannot ever depend on rumor but if you're getting rumors it's time to follow up and let's find out where we are let's not wait until the Belgians get in there and botch up the system to the point that we cannot utilize it without redoing it.
[other speaker] Well, they plan to redo it almost completely the way I took the matter. 
Oh yes, I mean absolutely that's part of the agreement of sale. That was the only reason that they would take it and that's built into the price and that was the only quarrel was whether or not there were enough resources. So that's all cut and dried. It is just a matter of not letting them go in there and set up systems that won't be usable. Let's work with them from onset. And that means once they have made their final documents, their final transition, then we go tell them what we're doing. They were given an extra 30 days 
[other speaker] that’s up December 15th.
And should be approximately then, but obviously if rumors are going you will find it a very workable relationship either way and it does relieve you of that headache. I keep reminding you ones because I have to keep reminding myself you don't have to do it all. As long as ones will work with you it is less of a headache for you ones. You're going to be swimming around in such a myriad of things and there are so many ones around town losing their little businesses that are just hungry for a place and yet time-wise it is so blame, impossible to even get together with Gary Cole at Costco. My request was the day before yesterday, it seems like two years ago doesn't it, about survival goods. We need to get together and plan whether we are going to have factories for those, stock up, whatever we are going to do. When we start talking about food and storage and many of these things, Rick's mother Zita and Rick and the Mormon Church, etc., have done this research. Zita is going to be totally invaluable. And I would hope that just early, early on, let’s see if we can arrange some side financing to get some of these ones replaced, relocated. Let me finish one statement and then I will. I want it to come with housing, whether it is rental housing, I don't care. Each of you needs a place where you can go to privacy. Now please, Rick.
21:36
[Rick]  Yesterday when I went over in Bakersfield we hit two of the health food so-called health food stores there and it's been I know that it's a part of the proposal or part of part of the list to start something of a large food store here, cooperative if you will. I would like to see such a thing take place and have that tie in directly to our storage, to our mill and to our storage silos if you will. I don't know what I'm saying. 
I hear what you're saying and I actually agree. 
[Rick] There’s a need I think we can fill that rather beautifully. Yes and if you come along with what's current, the thrust, down with the pesticides, etc. you can build some pretty blame good proposals. [Rick] In fact, was it the one gal in one health food store I guess it was you, Alan, suggested taking the new property and possibly doing something there. As far as the outlet? 
[Alan] As far as being an outlet.
Oh yes. 
[other speaker] Good idea. 
Let us consider now what has been done for a year. I don't know how to get you ones back. Don't reinvent the wheel, brothers. That is already built in. That would be a major outlet for organic gardening products. As a matter of fact, whatever you have out of the Costco will not be the major part, but during growing season people will have a farmer's market in which to purchase these things, but a major thrust will be made to make that center year-round the little half-food sandwich type of shop. We will enlarge, probably build onto that building or rebuild it or whatever. It's very picturesque the way it is. It is totally unrealistic to use a storage, you know, packing barn, but it does have atmosphere. But it's bathrooms, many, it's kitchen, many things in there need to be redone, but leave it with its charm and then have a major outlet for organic foods, a major health food store if you will. It will fit perfectly in there and this has already been considered and maybe some of your meetings should be on where we are with some of these things. 
[other speaker] Would this be tied in with a feed and grain operation for the farmers and all the people here? 
Yes and see you've got to get a dairy started right away. 
[other speaker] undecipherable
I knew you would.
[other speaker] Go back and milk those old sloths’. 
Absolutely. Maybe you ones are really going to hit your way to get a generator not for the electric milking machines. Or you're all going to be lined up on a cold day hugging those cows. 
[other speaker] Don't forget the goats. 
[other speaker] I've forgotten how to milk. 
Well, that's why land comes first. That is the first intent. And then the planning of the land. And you ones should go over your list periodically as a group. It's all there. Every bit of it has been just, every infinite detail practically has been claimed. And it's wonderful for dreaming. And someone needs to begin to put these things down on paper so that you have an overview. 
[other speaker] Commander?
Yes.
[other speaker] It seems like a lot of these things, in this case, would mean properties already have structure on them. A lot of the things on the list would require the buildings and require it to be a BQEB up and running. 
Well, I prefer that we immediately start funding the permitting of TeraBlock. I don't want this world saturated with ABT, not unless you do something different with it. Modular housing, yes, but you see, as far as I'm concerned, that is only temporary. You've got to get down to compressed earth. And this is something that you engineers, I see no problem with it. You don't have to have rebar. You can stagger the brick, they're very thick. And you can put, I don't even know what you call it, steel banding. Staple it right too, so that you are stapling staggered-wise. I could draw you a picture, I'm not doing well in the vision. But I have done this for Dharma and Oberli. Or you can do just as you would with stucco, and that is staple. You see this takes good, very wet, to staples. You can staple what you would use as stucco wire. 
[other speaker] Chicken wire. 
Chicken wire, whatever. They have something special now that they call.
[other speaker] Lathing.
But if you staple this on either side, then you can finish your walls. With stucco and plaster, there should not be an earthquake problem. The whole building's got to fall down. Well, I guess it could, but then I guess all the ones of your buildings could fall down. 
[other speaker] Are we talking of dome buildings or are we talking of parallel sided buildings like we have conventionally?
I think you'll have a mixture of both in the beginning. You're going to have to figure a way for your dome tops. In Spain there is a school that after you have money you can send your architects their ways to build those domes so that you have keystones. 
[other speaker] Goodbye. 
[other speaker] They will have to be designed for at least 150 miles an hour to be 170, won't they? 
Yes. 
[other speaker] To withstand the wind.
 Yes, but that's no problem with the dome. That is no problem. 
[other speaker] The straight side zone is a potential problem 
Well I'll tell you with the TeraBlock the size of the brick, if you're really concerned about that make it a double wall you don't have a problem it will stand for eternity.
[other speaker] Commander? May I ask a question?
Yes I don't know if I'll answer it, but you may ask. Yes, go ahead. [other speaker] It's a bit off track, but yesterday I got a little bit of information from Randall and the library on the local faults. And how is the White Wolf Fault doing? 
It's doing fine. We take care of it. It runs right under this house, right on this town. Don't concern yourself with the faults around. The reason I say that is because you're going to get a good shaking. And you're going to get a good argument. I don't want any fear built up over it.
[other speaker] No, no fear. Just information. 
That's where it fits. Right through the town. 
[other speaker] I can hear John over here. 
[John] I was wondering about this fault line. Is it such that it's going to go underneath all this, our houses, and it's going to shake them up pretty good? 
Yes. good yes 
[John] Well will they still stay more or less as they are on the plane of the sand? 
Well precious I don't know how to answer that when you're talking about raising this whole area of 1,200 feet you're going to have a little shakeup. But I will say this keeps you from having to pull those the old down. 
[other speaker] When the Council speaks of raising our consciousness in this case we're raising it to the extreme. 
[other speaker] Holy cats I should have left the dishes in the barrel why don't you tell me I wouldn’t have unpacked them. 
[other speaker] Then you could buy new.
I want to tell you something, I don't want any of you living your life around an earthquake if your plate falls off and breaks so your place fell off and broke. You can make a TeraBlock pile plate. I don't care. I don't want you living for disaster. I want you living with what you have that is beautiful around you. And if one of them gets broken, I want you to look at it and say I couldn't have taken it with me anyway. Please treat things for what they are for. There is no point in leaving your beautiful things packed, even if they get broken. There are some things, yes, that are precious and you don't want to look at cracks in them, like Dharma's little birds on the table. They're very expensive, they're very precious to her, so you would certainly take them up when Evan comes to play. Not because of Evan, let him touch them and feel them but mom and dad would feel so awful if he broke it and yet children must be allowed to touch these things. You go in and there are things you want to put your hands on and what good are they in the bank vault? Dharma has a $4,000 diamond unmounted which now sits in the drawer and she doesn't have any feeling about it at all it was an investment so it sat in the bank. It's valueless to her. 
[other speaker] She can’t even enjoy it.
No 
[other speaker] undecipherable
But you might have trouble finding it is a investment diamond they're very small in the drawer. 
[other speaker] The reason I was asking questions, you know, put up with me, bear with me, I'm really rapidly going on toward building a garage, you say, a food storage area under it. I just wanted to be sure that the crack didn't go right through the middle of this thing. I was going to build it out of reinforced concrete. 
Well, you know I'm not going to tell you that. 
[other speaker] I know you're not, but sometimes sooner or later you'll give an indication as to what the answer is. I can pick it up usually. 
I want you to be patient. That is my biggest thing. 
[other speaker] That has been my lesson for a jillion years. 
Yes it has. You and Dharma both. You get sent around and around and around and around but you just learn a little bit of patience. If you use some patience, you're going to get it built free. That's number one. Put up what you need to make it lovely for now. What you want is to bring in a front loader, scoop out what you want for your food storage area or whatever under the earth, compress the brick, line it, and don't worry about it. If it cracks, you pour a little dirt in it or something. Or we will line it as we get the products in here. There is a substance, it is called bladder material, it is quite flexible. And Westinghouse has it. Patrice would bring it and it gives. 
33:54
It's like blowing up a humongous balloon and you can store anything in it. But you can line your things with it and then with every earth shake it will just give. 
[other speaker] So we still have to have that bladder type substance manufactured in the area? 
Well son, I hate to tell you, you're going to have everything you think of in here as you think of it and put a proposal together for it. So I don't want to be the bearer of bad news. 
[other speaker] That's good news. Might as well be. 
Well, you have all of those things and I will remind you that as nearly as we can tell from the way we are handling these fault lines I don't believe from all probability and we have some pretty good probability studies we do not expect more than 3.7 in this area.
[other speaker] That's livable.
Well, you have to remember that we have, that you're talking about massive earth upheaval where you will have large chunks just being thrust upward. That does not mean you won't be shaken, but it doesn't mean that it's all going to be broken up. Great masses, this is very, very deep into the earth could be thrust up. And we credit the rest of it. We can hold you pretty steady in this particular... just right here at this point. 
[other speaker] Nothing to worry about. We'll just write it out. 
Yes, but I hear you and I thank you for thinking ahead enough.
But I don't want to see you go to all this work and then just turn around and wish you had waited a little bit. I do think you need the structure but I'll tell you something if you put it it can be lifted and maybe if you build the proper kind of foundation it can be propped up whatever you do jacked up and lifted and put over a different foundation. You do need a place of storage. You're going, really, as you move on, you're going to want several of those machines right up front to get a few of these things done that get you unsettled. And I know it's helped this time and the only way is just to go right on as if pretend it's coming tomorrow so it doesn't come till next week you would have 4 more proposals in. When it does start you can see. Let us say it doesn’t happen for 150 days. Well boy I'll tell you 150, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 are really going to be great days. So what you need is some interim bridge here that takes care of some of these upfront expenses to make a living and to get these things rolling. So I would hope you'd keep a little bit if we cannot get very much. You see, Dharma has a tendency, yes, to forget. You're into your second week now with Gary Moody well, he of course is not getting it done as fast as he thought he could. And it cannot start in full funding. There's no way for his to start in full funding. He has to roll over several transactions for full funding. So it's going to stay a little tight. So you're going to have to look at what you can get and measure how well you can wait another three months for what things. 
[other speaker] Commander?
Yes.
[other speaker] What was the fourth one that you picked up? You slipped on earlier?
I'm going to let you find out. 
[other speaker] Does that mean? 
You're going to find all these sources are going to keep coming in. And this is why I used you would not have known this. I wrote a special two pages before these two left yesterday. You're going to also learn to utilize competition. These ones want these projects. There are not very many good projects. Keep that in mind. There are not very many. You will get everything from soup kitchens to yogurt factories. You’re not getting very many really good projects so hold in your heart, they want your business. Require at least as much attention as you would to buying a used car. You would not buy the same product for three times as much money. And some dealer is going to be willing to cut his cost to get your business. And you ones have just had to do without until you forget to play the game. And I hear you don't mind. All right for you, Hatonn. But it's all right for you, too. You've waited years and years and years. 
[other speaker] Is there any news from John Jeffers? 
Yes, but what the best news was he did not tell. He has been in Arizona and I will not tell it either. 
[other speaker] Who's in Arizona? 
He has been to Arizona and it was to do business with the bank. Each of these things, every time you hear of one like John Jeffers doing business out of Los Angeles say hallelujah brother we are trying to get some of these transactions transferred to banks out of Los Angeles and it is on your best interest even if you have to wait a little longer for these things to come together to get them out of there because you will have them longer. And if too much gets rolling in all its glory along that coastline, you cannot pry those ones loose. For the same reason if all of you were successful doing whatever it is you think you might have been doing, you wouldn't be here now. You would have had every reason under the sun to stay a little longer. 
[other speaker] Commander?
Yes
[other speaker] I had spoken to you about a gentleman named Michael,
Yes.
[other speaker] I would like to ask that when the penalty is put upon that, he has an ABQ package, I would like to send him a TeraBlock. For heaven's sakes, I believe that's four right there, so you've got five. 
[other speaker] Yes. And I'd like to send him Capital Hills to let him see the vision along with my letter. He was speaking of 22% bonds and some things and I had mailed him a package on the CDs from Mersa and he's familiar with that process very much so and I had a bad telephone connection out of town. I'd like to keep in contact with that contact with some international banking contact and also feel he would be an asset too. The group may need I discussed with
Yes. And I would ask you I certainly take that under advisement I have two things I would like to mention in conjunction with that. I believe as I look at it that when things settle down a little bit because we have just dumped so incredibly many things on John Jeffers. I see that as a very brilliant working relationship by John Jeffers and that one. I think so. With the bonds and everything.
[other speaker] I agree.
There are two men who did in integrity. I will tell you this about John Jeffers unequivocally. Unequivocally? What is your interest? In any way, we won't argue about it, has total integrity. Total. He will not do something if it does not have integrity. But he will play every angle there is within law. And that's what I expect all of you to do. And I see that they could work very beautifully together but they need to both come into comfort with us first. It will come right. There will be the proper moment for that. 
[other speaker] I also spoke to another gentleman [undecipherable] 
I want to tell you something that was my other point. You do not need to ask my permission. You will make like 20 packages and village pass them out for your own selves to read. Well once they're done you want to go need to read them Send them to every one who may even remotely and if one package goes out to 40 people send it to 40 people if you have 40 to send it to. 
[other speaker] undecipherable 
What gives you that awareness?
[other speaker] I have a bad following. I'm a good reader.  
What's your good reading name? 
[other speaker] Rob Stewart. 
Rob Stewart, age? You might need to do a little bit of paging. 
44:57