881121-2

11-26-23
Susan

MEETING TRANSCRIPT:  G. C. HATONN

BUSINESS MEETING

00:01
[other speaker] I'm going to start a new page, Commander. This is, uh, November 21, 1988. I think that's... I can see... But that information was just... I don't know how far along we are with that, but I know that if we had the 3 million, we could secure that [undecipherable] property. Also we might be able to get it for a lesser amount suppling some additional data. I don't know. 
Well I'll tell you we will build it along the same lines as Santa Maria Downs and Ron Putin worked to get it. He can give you some numbers right off the top of his head. 
[other speaker] That's what [undecipherable]. I had not needed so much stuff as we think we need. 
That's right. 
[other speaker] And we're trying to simplify like we did on the dome Rick pulled out yesterday, the day before, a little package on the dome that we had enough almost ready to get the preliminary overview to someone in the area that we’re working on. 
That’s all you have to do. Get it in get it approved and then you can do the backup work 
[other speaker] Right.
And by then you'll be having money come in here to pay these engineers etc. to come out.
[other speaker] Because the backup number seems to me to have to go in the 506B and the financials for Otto. It's more than we would for him to approve it first place or look at it first. 
Yes. 
[other speaker] So we can actually get a number in the start or start the fees and start the attorneys on to it so that's having to duplicate it and have it all written apart it doesn't even look like a business plan when they get through with it. So it's like a financial documentation of all the laws and regulations. 
That's right. That's exactly what it is. 
[other speaker] So maybe I'm answering my own question. 
And at that point, you're going to need some pretty good estimates.
And that's when you get your engineers. Parsons comes and he tells you what you need in that dome. They write your proposals. And when I call it proposals, I mean they put down the figures that these ones can put an offering together for. And you'll need a lot of money for it because they're going to require a lot. And at that point, maybe you'll want this gentleman, but we will certainly see what Ron wants to do first. He's been contacted and he's just waiting to get back. So we don't burn any bridges, we just say we're not ready.
[other speaker] It was an avenue that I was looking at and I knew that it wouldn't ruffle any feathers, it would just be data for me while I had him on the phone. But I would also, if we were going to work with him, I'd have Ron help me work with him because I’m not good at that. Overview.  
Well, you know, Otto likes him.
[other speaker] Me neither. 
Probably leave the gentleman. Well, I don't know. [undecipherable] He's moving to Las Vegas, however I believe it. He won't let religion stand too much in the way of money. On the other hand, I believe that I'd really be a little bit disappointed if these ones really saw it as paramutual betting. And of course that's always the way to structure a training track. Regulation size with the ultimate intent that if you ever wanted to turn it into paramutual betting, you would have it qualified. I don't want you ever into that business. It's worse than paramedical banking. 
[other speaker] I worry that it would be worse than Hollywood. Actually, it is not worse than Hollywood. And we do have an in with the track people. We know them personally, Santa Anita, and Hollywood Park, Los Alamitos, which was Santa Rosa Downs, they sold it. But we know those folks. 
[other speaker] He's betting on the side. And more ponies. 
We're going to need ponies. We're going to get some Clydesdales too. It had to be Clydesdales. But will we let it pull?
05:00
We obviously can't let it pull a beer wagon unless we have a bull. [other speaker] Well, they asked me about packaging together for a number of wines, non-alcoholic wines, they want $4 million for it. [other speaker] And we just couldn't get to it. 
[other speaker] It's cold. Non-alcoholic wines.  
Trying it again? 
[other speaker] What are we going to pull besides a beer? We can pull non-alcoholic wine, cold grapes. 
What in the world is a non-alcoholic wine? By definition, wine is alcoholic.
[other speaker] Non-alcoholic, yeah, well, it's without the alcohol, it’s grape juice, grape juice that tastes like wine. Or is that hard wine? I don't know, Commander. That's what I got to call it today. Sounds like a trap to me, but that's fine. We'll pull back behind our five states. 
[other speaker] Will hops grow well here in the United States? Probably would. So you better stick with beer. 
[other speaker] Is there anything else we need to go over, Commander? 
I have nothing. I think that it’s been an excellent day. Did Oberli go over to call John? Or did he go to bed? 
[other speaker] I think he's not feeling well. That’s why we didn’t see him any more. 
Right. He’s all right, he’s just going through some changes too, and he never wants to admit it. And I have pretty much spoiled everything by pulling Dharma away.  It always spoiled everybody that’s all, here we go with it. 
[other speaker] And if this is what you wish to put down, will we get to see others in addition to yourself?
Actually, I can't imagine anyone else you’d want to see. 
[group speakers] Well, just.. [undecipherable] flip over to Semjase. 
Semjase is several thousand years old, brother. 
[other speaker] Oh, there you go. 
Well, I'm not going to tell a lady's age. 
[other speaker] We wouldn't want to do that. We have a hold on forethought. And I think we're... we didn't follow up today on it. Oh, really? I mean, it is all rare to get a piece of steel. 
John was quite concerned. Did the little black box come with it? 
[other speaker] I don't know. Right inside the house? 
I suppose. We had to have something. 
[other speaker] Yeah, Rick has the receiver. 
[other speaker] He better for that price.
The escrows are getting less and less valuable. 
[other speaker] I was just kind of dumb, Lewis. 
I know. You meant it. 
[other speaker] Get back out there out right.
The one you're looking for is asking. When you've seen one, you've seen them all. They're just like clones. We get them all pinned down up here too. 
[other speaker] We work on them down here too. 
It's a little bit hard. 
[other speaker] You don't have much to work with here. 
[other speaker] That's right. We got to get that employment agency up real quick. 
Yes.
[other speaker] And important.
I can do that too. 
[other speaker] I did get a package with [Stimtank] where you can find a customer earlier or whatever you want to call them, a phone call. So we'll be able to put that package together fairly soon I think. 
Well you see, you may have a little trouble getting those particular kinds of projects approved. 
[other speaker] Yeah. It's a toughie. 
Therefore, you need some swap over funding. We'll just have to get it in or get some things double funded so we have enough money to work with. We don’t have any problem once John gets rolling. Oberli has located over $100 billion from retirement income plans. He doesn't spout off very much, but I can. He has been the president of the National Retirement Association. He's been the president of the pension conference. He knows everybody who has money, and he has already contacted, like I say, over $100 million waiting to hear back. And they then put their money in. And amongst those is John Sprigs of Senator Towers Group, who is not even counted among the $100 million. And he's got $14 million, I mean billion. I keep grossly understated. Fourteen billion would make something like seventy million in commission and I think you can give some kind of an enjoyment situation with that. And we need to cover it up anyway because that’s commission. It's going to be a little more tedious.
So let us not do such an asking in affirmations for John to get his job done. Because this money is sitting there waiting. Some of it's in CDs already. And a lot of those investors aren't going to want to put it out until they mature because every time they change it the brokers get a big whack of it. And if it continues to go very much longer, not going to be much of a break, is it? But it’s tedious business. Some states don't even allow, and I believe Oregon is one. He has been with the state treasurer in Oregon, and I believe they are not allowed to invest in any foreign bank. Makes it very hard for a state treasurer, I’ll tell you ones. 
12:31
You'll be fine. We're doing fine. 
[other speaker] I feel we are. 
[other speaker] I feel much different than last week.
I love it because it's no different than it was last week. 
[other speaker] Perception? 
Yes. 
[other speaker] I know I'm bringing back a little more of myself now, I think. 
Just keep allowing and it will be. 
[other speaker] I don't know what we're doing in the dream state, I just don't remember. 
Well, you could really get in trouble, usually through the mouth, as to what you're doing in your dream state. So it's just a little bit early. 
[other speaker] That's why I said earlier, I'd like evident wisdom when I can see that when I'm anxious.
I can just about guarantee that it will work that way. 
[other speaker] I can bet you could, for sure. 
Are we all right now? 
[other speaker] Yes. 
Then I should go. 
[other speaker] How you look [purlin?]. 
Well, enjoy it. You earned it. And I'm proud of you. 
[other speaker] Keep pushing forward. Or at least be.
[other]I was going to say, can you use another? 
[other speaker] Yeah, really. I have to be careful when I start pushing forward. I can’t see.
That's what you want, everyday. Don't worry.[undecipherable] Salu. 
[other speakers] Salu. Thank you.
14:41