#real estate services san mateo
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gwenrealtyofficial · 2 years ago
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Real Estate Asset Management Services: What To Expect
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Real estate asset management services are an excellent approach to ensure that your real estate investments are well-managed and generate the highest possible profits. 
By providing broad experience and support, asset management services may help protect and expand your real estate investments.
These companies may provide services such as monitoring rental income, arranging repairs and upkeep, collecting rental payments, conducting tenant screens, negotiating leases, and more. 
They can help you maximize the potential of your real estate investments through smart and cost-effective management by delivering these services as well. 
Asset management firms can also assist you with market research and analysis, offering data on trends and projections to help you make informed investment decisions. 
Furthermore, asset management professionals can help with tax planning, capital investments, and financing choices.
In brief, real estate asset management services may assist you in maximizing the value of your investments while also protecting them from threats. 
Asset management companies, with their extensive expertise and support, are an excellent method to ensure that your real estate investments are efficiently managed and yield maximum returns.
If you are someone who needs help on these kind of transactions, Gwen Chua of GwenRealty, the best real estate agent in San Mateo CA, will guide you to the best of your interests. Whether you're a buyer or a seller, his professional services will give you a peace of mind as you tackle on a major decision like these. 
Contact him at 650-255-1511 now or book an appointment to start your awesome real estate journey. 
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pmibaypropertymgmt · 22 days ago
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Excellence in Property Management San Mateo: A Guide to Thriving in Local Real Estate
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Managing property in San Mateo presents unique opportunities and challenges that require a nuanced approach to ensure both profitability and tenant satisfaction. As a property owner, engaging with a professional San Mateo property management company not only eases the burden of day-to-day operations but also enhances the value of your investment.
San Mateo’s vibrant real estate market demands a strategic approach to property management. From upscale residential properties to bustling commercial spaces, each property type necessitates a customized management plan. This involves meticulous tenant selection, proactive maintenance, and responsive communication channels that align with tenant needs and owner expectations.
Effective property management in San Mateo goes beyond just fixing leaks and collecting rent. It involves a comprehensive understanding of market trends and tenant demographics. For example, tech professionals might look for properties with smart home features and high-speed internet, whereas families might prioritize safety and nearby schools. A skilled property management team tailors their services to meet these diverse needs, ensuring high tenant retention and satisfaction rates.
Furthermore, San Mateo property management companies are well-versed in navigating local regulations, ensuring that your properties comply with all legal standards and housing laws. This is crucial in maintaining your property’s legal standing and avoiding costly fines or disputes.
Ultimately, the right property management company in San Mateo acts as your partner in maximizing the potential of your real estate investments. They provide peace of mind by handling complex aspects of property management, from tenant screening to maintenance and legal compliance. By investing in professional property management, you ensure that your properties are not just maintained but optimized for maximum return on investment, making property ownership in San Mateo a lucrative and hassle-free experience.
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sanmateocountyproperties · 8 months ago
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Shelter Creek San Bruno | Sanmateocountyproperties.com
Find your perfect home at Shelter Creek San Bruno with Sanmateocountyproperties.com. Experience the beauty of San Mateo County with our specialized real estate services.
Shelter Creek San Bruno
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ssheyeks · 1 year ago
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verde santa fe homes for sale
Welcome to our specialized home purchasing services, tailored exclusively for Santa Clara County, San Mateo County, Alameda County, and Santa Cruz County. At [Your Company Name], we are dedicated to making your home buying journey seamless and efficient. Here's an overview of the exclusive services we offer:
Loan Pre-Approval Assistance: Navigating the financial landscape is a crucial step in your home buying journey. We assist you in finding the best lenders to secure pre-approval for your loan. This not only determines your approved amount but also outlines any necessary conditions set by the lender.
Advanced Property Search: Our sophisticated computer system allows us to scour multiple real estate boards' listing services to find properties that align with your specified criteria. The results include detailed information, captivating visuals, and convenient maps, streamlining the process and eliminating undesirable options.
Guided Property Tours: Exploring potential homes is a significant part of the decision-making process. We accompany you to view properties or provide addresses for convenient drive-bys. When you're ready for a closer look, we guide you through the property and, if you decide to proceed, assist in drafting the purchase contract.
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brookstonalmanac · 1 year ago
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Events 6.3
752 – Mayan king Bird Jaguar IV of Yaxchilan in modern-day Chiapas, Mexico, assumes the throne. 1481 – The largest of three earthquakes strikes the island of Rhodes and causes an estimated 30,000 casualties. 1491 – Kongo monarch Nkuwu Nzinga is baptised by Portuguese missionaries, adopting the baptismal name of João I. 1568 – Angered by the brutal onslaught of Spanish troops at Fort Caroline, a French force burns the San Mateo fort and massacres hundreds of Spaniards. 1616 – Treaty of Loudun ends a French civil war. 1715 – A total solar eclipse is visible across northern Europe and northern Asia, as predicted by Edmond Halley to within four minutes accuracy. 1791 – The Constitution of May 3 (the first modern constitution in Europe) is proclaimed by the Sejm of Polish–Lithuanian Commonwealth. 1802 – Washington, D.C. is incorporated as a city after Congress abolishes the Board of Commissioners, the District's founding government. The "City of Washington" is given a mayor-council form of government. 1808 – Finnish War: Sweden loses the fortress of Sveaborg to Russia. 1808 – Peninsular War: The Madrid rebels who rose up on May 2 are executed near Príncipe Pío hill. 1815 – Neapolitan War: Joachim Murat, King of Naples, is defeated by the Austrians at the Battle of Tolentino, the decisive engagement of the war. 1830 – The Canterbury and Whitstable Railway is opened; it is the first steam-hauled passenger railway to issue season tickets and include a tunnel. 1837 – The University of Athens is founded in Athens, Greece. 1848 – The boar-crested Anglo-Saxon Benty Grange helmet is discovered in a barrow on the Benty Grange farm in Derbyshire. 1849 – The May Uprising in Dresden begins: The last of the German revolutions of 1848–49. 1855 – American adventurer William Walker departs from San Francisco with about 60 men to conquer Nicaragua. 1901 – The Great Fire of 1901 begins in Jacksonville, Florida. 1913 – Raja Harishchandra, the first full-length Indian feature film, is released, marking the beginning of the Indian film industry. 1920 – A Bolshevik coup fails in the Democratic Republic of Georgia. 1921 – Ireland is partitioned under British law by the Government of Ireland Act 1920, creating Northern Ireland and Southern Ireland. 1921 – West Virginia becomes the first state to legislate a broad sales tax, but does not implement it until a number of years later due to enforcement issues. 1928 – The Jinan incident begins with the deaths of twelve Japanese civilians by Chinese forces in Jinan, China, which leads to Japanese retaliation and the deaths of over 2,000 Chinese civilians in the following days. 1939 – The All India Forward Bloc is formed by Netaji Subhas Chandra Bose. 1942 – World War II: Japanese naval troops invade Tulagi Island in the Solomon Islands during the first part of Operation Mo that results in the Battle of the Coral Sea between Japanese forces and forces from the United States and Australia. 1945 – World War II: Sinking of the prison ships Cap Arcona, Thielbek and Deutschland by the Royal Air Force in Lübeck Bay. 1947 – New post-war Japanese constitution goes into effect. 1948 – The U.S. Supreme Court rules in Shelley v. Kraemer that covenants prohibiting the sale of real estate to blacks and other minorities are legally unenforceable. 1951 – London's Royal Festival Hall opens with the Festival of Britain. 1951 – The United States Senate Committee on Armed Services and United States Senate Committee on Foreign Relations begin their closed door hearings into the relief of Douglas MacArthur by U.S. President Harry Truman. 1952 – Lieutenant Colonels Joseph O. Fletcher and William P. Benedict of the United States land a plane at the North Pole. 1952 – The Kentucky Derby is televised nationally for the first time, on the CBS network. 1953 – Two men are rescued from a semitrailer that crashed over the side of the Pit River Bridge before it fell into the Sacramento River. Amateur photographer Virginia Schau photographs "Rescue on Pit River Bridge", the first and only winning submission for the Pulitzer Prize for Photography to have been taken by a woman. 1957 – Walter O'Malley, the owner of the Brooklyn Dodgers, agrees to move the team from Brooklyn to Los Angeles. 1963 – The police force in Birmingham, Alabama switches tactics and responds with violent force to stop the "Birmingham campaign" protesters. Images of the violent suppression are transmitted worldwide, bringing new-found attention to the civil rights movement. 1968 – Eighty-five people are killed when Braniff International Airways Flight 352 crashes near Dawson, Texas. 1971 – Erich Honecker becomes First Secretary of the Socialist Unity Party of Germany, remaining in power until 1989. 1978 – The first unsolicited bulk commercial email (which would later become known as "spam") is sent by a Digital Equipment Corporation marketing representative to every ARPANET address on the west coast of the United States. 1979 – Margaret Thatcher wins the United Kingdom general election. The following day, she becomes the first female British Prime Minister. 1986 – Twenty-one people are killed and forty-one are injured after a bomb explodes on Air Lanka Flight 512 at Colombo airport in Sri Lanka. 1987 – A crash by Bobby Allison at the Talladega Superspeedway, Alabama fencing at the start-finish line would lead NASCAR to develop the restrictor plate for the following season both at Daytona International Speedway and Talladega. 1999 – The southwestern portion of Oklahoma City is devastated by an F5 tornado, killing forty-five people, injuring 665, and causing $1 billion in damage. The tornado is one of 66 from the 1999 Oklahoma tornado outbreak. This tornado also produces the highest wind speed ever recorded, measured at 301 +/- 20 mph (484 +/- 32 km/h). 1999 – Infiltration of Pakistani soldiers on Indian side results in the Kargil War. 2000 – The sport of geocaching begins, with the first cache placed and the coordinates from a GPS posted on Usenet. 2001 – The United States loses its seat on the U.N. Human Rights Commission for the first time since the commission was formed in 1947. 2006 – Armavia Flight 967 crashes into the Black Sea near Sochi International Airport in Sochi, Russia, killing 113 people. 2007 – The three-year-old British girl Madeleine McCann disappears in Praia da Luz, Portugal, starting "the most heavily reported missing-person case in modern history". 2015 – Two gunmen launch an attempted attack on an anti-Islam event in Garland, Texas, which was held in response to the Charlie Hebdo shooting. 2016 – Eighty-eight thousand people are evacuated from their homes in Fort McMurray, Alberta, Canada as a wildfire rips through the community, destroying approximately 2,400 homes and buildings. 2023 – Nine students and a security guard are killed in the Belgrade school shooting, the first attack of its kind in Serbia.
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rivasrealtor · 3 years ago
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David Allen Rivas Realtor
https://davidallenrivasrealtor.com/
165 South Murphy Avenue, Suite B Sunnyvale, CA 94086
(408) 431-7202
David Allen Rivas, Realtor Silicon Valley, offers unparalleled service to all clients in the San Mateo, Santa Clara and Santa Cruz County real estate markets. Your complete satisfaction with our service and representation is our number one priority.
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nervouslightbeard · 4 years ago
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Procedural Posture
Procedural Posture
Defendant manufacturers appealed the judgment of the Superior Court of Alameda County (California) entered upon a jury award in plaintiff patent holders' action of for breach of contract, breach of the implied covenant of good faith and fair dealing, fraud, and interference with advantageous business relations. Plaintiffs cross-appealed a judgment against them on claims for violation of the Cartright Act and wrongful termination.
Overview
Following defendant manufacturers' acquisition of plaintiff patent holders' company, defendants terminated funding of plaintiffs' company for failure to reach profitability in accordance with the parties' agreement. The Quitclaim Deed California is used to transfer the interest that a person may have in a given piece of real estate to another person. Plaintiffs secured judgment for damages in an action that charged failure to honor defendants' funding commitment. Defendants appealed, arguing as error the admission into evidence of plaintiffs' business plan as the basis of the parties' buyout agreement. The court reversed, ruling that the business plan was not admissible under the parol evidence rule, Cal. Civ. Proc. Code § 1856. The court ruled that the parties' agreement was an integrated contract, which could not be contradicted by evidence of purportedly collateral agreements. The court also ruled that a prior or contemporaneous collateral oral agreement relating to the same subject matter could have been admitted, but only where it was not inconsistent with the terms of the integration. The court found that the agreement specifically reserved to defendants the right to determine funding based upon profit performance standards. The court affirmed in part and reversed in part.
Outcome
The court reversed the judgment for plaintiff patent holders because the business plan was proffered to vary the terms of the parties' integrated agreement and was not admissible under the parol evidence rule. The judgments in favor of defendant manufacturers on the actions for violation of the Cartright Act and for wrongful termination of employment were affirmed.
Procedural Posture
Appellants, estate, executor, and the law firm representing them, challenged the decision from the Superior Court of San Mateo County (California) which denied appellant attorney fees for services rendered to the estate.
Overview
Appellants, estate, executor, and the law firm representing the estate, sought to have attorney's fees paid to appellant law firm for services rendered. Appellant executor was a Colorado resident and an out-of-state co-executor for a California estate. The probate judge refused to award the fees instead holding that appellant law firm had violated Cal. Bus. & Prof. Code § 6125 due to their unauthorized practice of law because the law firm was a Colorado law firm that had not filed a pro hac vice request to practice in California for this issue. Appellants challenged the ruling. The court held that § 6125 does not apply to out-of-state residents or non-California clients. Appellant co-executor was a Colorado resident and had the right to seek help from the attorney of his choice. The court therefore reversed the trial court's ruling and ordered that appellants recover the statutory fees and extraordinary fees they were entitled to, as well as recovering the costs and fees of the appeal.
Outcome
The trial court's denial of attorney's fees for appellant law firm and its finding that appellant engaged in the unauthorized practice of law was reversed with orders that appellant be paid what they were entitled to because the statute did not apply to non-resident clients and because people are entitled to the attorney of their choice.
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maxxecowash · 2 years ago
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Maxx ECO Wash
820 Sea Spray Ln Foster City, California 94404, USA 650-898-6299 https://www.maxxecowash.com/
Maxx ECO Wash is a certified soft wash authorized applicator and the leading provider of delicate roof cleaning, roofing moss algae removal, gentle residential house washing, low-pressure commercial building cleaning, and advanced aerial drone window washing services for residential, commercial, and HOA community residences in the San Francisco Bay Area. Our cutting-edge soft washing technology and equipment ensure the most efficient, effective, and sustainable roof cleaning, exterior building, and house washing cleaning care solutions for your residential home, commercial building, HOA association, or workforce campus in the San Francisco Bay Area, encompassing Marin, Mill Valley, Peninsula, Burlingame, Hillsborough, San Mateo, Foster City, Atherton, Palo Alto, San Jose, Morgan Hill, Livermore, Walnut Creek, and throughout the SF Bay Area, CA. We specialize in providing customizable soft-pressure roof and exterior building house washing services, covering the removal of moss, algae, mold, mildew, lichen, organic bacteria, inorganic surface staining, building oxidation, and roof and exterior restoration. Maxx ECO Wash's soft washing services encompass a broad spectrum, including asphalt shingle roof cleaning, removal of moss algae from roofs, Spanish barrel tile roof washing, flat concrete tile roof cleaning, metal roof, and wood shake roofing restoration, residential soft house washing, pure water window cleaning, commercial building washing, solar panel cleaning, gutter debris removal, as well as concrete, brick, and flat surface soft-pressure cleaning. Our tailored roof cleaning, building maintenance washing services, and roof and exterior soft wash cleaning restoration solutions are crafted to protect, maintain, and ensure the longevity of your valuable residential and commercial real estate assets in San Francisco, Silicon Valley, and throughout the SF Bay Area, CA. Proudly delivering certified low-pressure roof cleaning and gentle house washing services across Marin County, Sausalito, Tiburon, Mill Valley, Walnut Creek, San Ramon, Danville, Pleasant Hill, Livermore, Pleasanton, Half Moon Bay, Pacifica, Moss Beach, Daly City, Peninsula, Millbrae, San Mateo, Foster City, Burlingame, Hillsborough, Redwood City, Menlo Park, Atherton, Woodside, Alameda, Oakland, Berkeley, Fremont, Union City, Palo Alto, Cupertino, San Jose, Santa Clara, Los Altos, Morgan Hill, Gilroy, South Bay Area, and throughout the rest of the San Francisco Bay Area, CA.
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gwenrealtyofficial · 2 years ago
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Real Estate Market Trends in 2023
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As the real estate market continues to evolve, it is critical for investors to stay current on industry trends. While forecasting the future is difficult, a few significant issues are likely to affect the real estate market in 2023.
First, as digitalization continues to advance, more and more purchasers are likely to turn to online resources when searching for properties. This means that real estate brokers must be prepared to employ cutting-edge technology to advertise their listings and deliver the most up-to-date information to purchasers.
Second, as the world's population continues to grow, there will be a greater demand for housing. This could result in a rise in the number of new developments and growth in the rental market. More investors are also likely to turn to alternative investments such as vacation rental homes and student residences.
Third, as climate change and environmental restrictions become more prevalent, there is likely to be a greater emphasis on green buildings. This could imply that while selecting homes in 2023, investors will need to consider the environmental impact of their investments.
Finally, there will very certainly be a persistent emphasis on affordability. As housing prices climb, more people are likely to look for ways to save money when purchasing or renting a home. This could lead to an increase in the market's supply of affordable housing units.
These are just a few of the themes that will influence the real estate market in 2023. As the real estate business evolves, it is critical for investors to stay current on the latest trends in order to make informed judgments. Therefore, it is important that you only work with the best real estate agent San Mateo CA. Connect with him now!
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pmibaypropertymgmt · 1 month ago
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Expert San Mateo Property Management Services for Your Real Estate Needs
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Managing a property can be overwhelming, especially in a busy market like San Mateo. From tenant screening and rent collection to maintenance and legal compliance, the responsibilities of a landlord can quickly add up. That’s where San Mateo property management services come in. A reliable property management company can help you streamline operations and ensure your property is well-maintained while maximizing your return on investment.
Property owners in San Mateo benefit from the expertise of professional property managers who have a deep understanding of the local market. By partnering with a property management San Mateo company, you can focus on other aspects of your life while they handle the day-to-day tasks associated with managing a rental property.
Key Benefits of San Mateo Property Management
Tenant Screening: Property management companies perform thorough background checks, helping you find reliable tenants who pay on time and take care of your property.
Rent Collection: They ensure timely rent collection through efficient systems, minimizing missed payments and ensuring a steady cash flow.
Property Maintenance: Professional property managers have a network of trusted contractors who handle repairs and maintenance, keeping your property in top condition.
Legal Compliance: Property managers stay up to date on local laws and regulations, ensuring your property complies with San Mateo’s housing and rental laws.
Why Choose Property Management San Mateo Experts?
Choosing the right San Mateo property management team is essential for your property’s success. They provide comprehensive services, including marketing vacant units, handling tenant relations, and offering financial reporting, giving you complete peace of mind.
When you work with a trusted property management company, your rental business becomes more efficient, and you’re free to focus on growing your investment portfolio.
For professional property management services in San Mateo, contact PMI Bay Property MGMT today! They offer expert solutions to all your property management needs, ensuring your investment is in the best hands.
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mikeanzivino · 2 years ago
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All About Mike Anzivino: The Best Realtors in North Fort Myers
Mike Anzivino is the Best Realtors in North Fort Myers. We know the area like the back of our hands and know what you want before you do.
Who is Mike Anzivino?
If you're looking for the Best Realtors in North Fort Myers, look no further than Mike Anzivino. Mike has been a realtor in the area for over 20 years and has helped countless people buy and sell homes. He's knowledgeable about the local market and can help you find the perfect home for your needs. He's also a great negotiator and can help you get the best price possible on your new home. When you work with Mike, you can be sure that you're getting the best possible service and advice.
What Makes him the Best Realtors in North Fort Myers?
When it comes to finding the best realtor in North Fort Myers, there is no one better than Mike Anzivino. With years of experience in the industry, Mike has the knowledge and expertise to help you find the perfect home for you and your family. He understands the market and knows what it takes to get the best deal possible.
Mike is also a great communicator. He will always keep you updated on the status of your home search and make sure that you are comfortable with every step of the process. He is also very responsive to any questions or concerns that you may have.
In addition to being an expert in the field, Mike is also a great person to work with. He is friendly and easy to talk to, which makes the home buying process that much more enjoyable. If you are looking for the best realtor in North Fort Myers, look no further than Mike Anzivino.
Services Offered
If you're looking for a realtor in North Fort Myers, look no further than Mike Anzivino. Mike has been a realtor in the area for over 30 years and has the experience and knowledge to help you find the perfect home or investment property.
Mike's services include:
-Listing your home or property for sale
-Assisting with the purchase of a home or property
-Working with buyers and sellers to negotiate the best possible price
-Providing guidance and advice throughout the entire process
Whether you're a first-time home buyer or a seasoned investor, Mike will work tirelessly to ensure that you get the best possible outcome from your real estate transaction. Contact Mike today to learn more about his services and how he can help you achieve your real estate goals.
FAQs
If you're looking for the Best Realtors in North Fort Myers, look no further than Mike Anzivino. With years of experience in the industry, Mike and his team are experts at helping people buy and sell homes. Here are some frequently asked questions about Mike and his services:
What made you decide to become a realtor?
I've always been interested in houses and property, and after working in the customer service industry for many years, I decided that I wanted to help people with one of the biggest decisions they'll ever make - buying or selling their home. It's very rewarding to be able to assist someone through such an important transaction.
What sets you apart from other realtors in the area?
There are a few things that we do differently at Anzivino Realty that make us stand out from the rest. First, we offer a free consultation to all potential clients so that we can get to know them and their needs before starting the search for their perfect home or marketing their current property. Second, we have a comprehensive marketing plan for all of our listings that includes online advertising, open houses, print advertising, and more. And finally, we're available 24/7 - whether it's answering questions about a listing or showing a property after hours, we're always here for our clients.
Contact Us
For more information about Mike Anzivino and the services he offers, please contact him at:
Mike Anzivino210 San Mateo driveBonita Springs, FL [email protected]
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ssheyeks · 1 year ago
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verde santa fe homes for sale
Welcome to our specialized home purchasing services, tailored exclusively for Santa Clara County, San Mateo County, Alameda County, and Santa Cruz County. At [Your Company Name], we are dedicated to making your home buying journey seamless and efficient. Here's an overview of the exclusive services we offer:
Loan Pre-Approval Assistance: Navigating the financial landscape is a crucial step in your home buying journey. We assist you in finding the best lenders to secure pre-approval for your loan. This not only determines your approved amount but also outlines any necessary conditions set by the lender.
Advanced Property Search: Our sophisticated computer system allows us to scour multiple real estate boards' listing services to find properties that align with your specified criteria. The results include detailed information, captivating visuals, and convenient maps, streamlining the process and eliminating undesirable options.
Guided Property Tours: Exploring potential homes is a significant part of the decision-making process. We accompany you to view properties or provide addresses for convenient drive-bys. When you're ready for a closer look, we guide you through the property and, if you decide to proceed, assist in drafting the purchase contract.
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brookstonalmanac · 2 years ago
Text
Events 5.3
752 – Mayan king Bird Jaguar IV of Yaxchilan in modern-day Chiapas, Mexico, assumes the throne. 1481 – The largest of three earthquakes strikes the island of Rhodes and causes an estimated 30,000 casualties. 1491 – Kongo monarch Nkuwu Nzinga is baptised by Portuguese missionaries, adopting the baptismal name of João I. 1568 – Angered by the brutal onslaught of Spanish troops at Fort Caroline, a French force burns the San Mateo fort and massacres hundreds of Spaniards. 1616 – Treaty of Loudun ends a French civil war. 1715 – A total solar eclipse is visible across northern Europe and northern Asia, as predicted by Edmond Halley to within four minutes accuracy. 1791 – The Constitution of May 3 (the first modern constitution in Europe) is proclaimed by the Sejm of Polish–Lithuanian Commonwealth. 1802 – Washington, D.C. is incorporated as a city after Congress abolishes the Board of Commissioners, the District's founding government. The "City of Washington" is given a mayor-council form of government. 1808 – Finnish War: Sweden loses the fortress of Sveaborg to Russia. 1808 – Peninsular War: The Madrid rebels who rose up on May 2 are executed near Príncipe Pío hill. 1815 – Neapolitan War: Joachim Murat, King of Naples, is defeated by the Austrians at the Battle of Tolentino, the decisive engagement of the war. 1830 – The Canterbury and Whitstable Railway is opened; it is the first steam-hauled passenger railway to issue season tickets and include a tunnel. 1837 – The University of Athens is founded in Athens, Greece. 1848 – The boar-crested Anglo-Saxon Benty Grange helmet is discovered in a barrow on the Benty Grange farm in Derbyshire. 1849 – The May Uprising in Dresden begins: The last of the German revolutions of 1848–49. 1855 – American adventurer William Walker departs from San Francisco with about 60 men to conquer Nicaragua. 1901 – The Great Fire of 1901 begins in Jacksonville, Florida. 1913 – Raja Harishchandra, the first full-length Indian feature film, is released, marking the beginning of the Indian film industry. 1920 – A Bolshevik coup fails in the Democratic Republic of Georgia. 1921 – Ireland is partitioned under British law by the Government of Ireland Act 1920, creating Northern Ireland and Southern Ireland. 1921 – West Virginia becomes the first state to legislate a broad sales tax, but does not implement it until a number of years later due to enforcement issues. 1928 – The Jinan incident begins with the deaths of twelve Japanese civilians by Chinese forces in Jinan, China, which leads to Japanese retaliation and the deaths of over 2,000 Chinese civilians in the following days. 1939 – The All India Forward Bloc is formed by Netaji Subhas Chandra Bose. 1942 – World War II: Japanese naval troops invade Tulagi Island in the Solomon Islands during the first part of Operation Mo that results in the Battle of the Coral Sea between Japanese forces and forces from the United States and Australia. 1945 – World War II: Sinking of the prison ships Cap Arcona, Thielbek and Deutschland by the Royal Air Force in Lübeck Bay. 1947 – New post-war Japanese constitution goes into effect. 1948 – The U.S. Supreme Court rules in Shelley v. Kraemer that covenants prohibiting the sale of real estate to blacks and other minorities are legally unenforceable. 1951 – London's Royal Festival Hall opens with the Festival of Britain. 1951 – The United States Senate Committee on Armed Services and United States Senate Committee on Foreign Relations begin their closed door hearings into the relief of Douglas MacArthur by U.S. President Harry Truman. 1952 – Lieutenant Colonels Joseph O. Fletcher and William P. Benedict of the United States land a plane at the North Pole. 1952 – The Kentucky Derby is televised nationally for the first time, on the CBS network. 1957 – Walter O'Malley, the owner of the Brooklyn Dodgers, agrees to move the team from Brooklyn to Los Angeles. 1963 – The police force in Birmingham, Alabama switches tactics and responds with violent force to stop the "Birmingham campaign" protesters. Images of the violent suppression are transmitted worldwide, bringing new-found attention to the civil rights movement. 1968 – Eighty-five people are killed when Braniff International Airways Flight 352 crashes near Dawson, Texas. 1971 – Erich Honecker becomes First Secretary of the Socialist Unity Party of Germany, remaining in power until 1989. 1978 – The first unsolicited bulk commercial email (which would later become known as "spam") is sent by a Digital Equipment Corporation marketing representative to every ARPANET address on the west coast of the United States. 1979 – Margaret Thatcher wins the United Kingdom general election. The following day, she becomes the first female British Prime Minister. 1986 – Twenty-one people are killed and forty-one are injured after a bomb explodes on Air Lanka Flight 512 at Colombo airport in Sri Lanka. 1987 – A crash by Bobby Allison at the Talladega Superspeedway, Alabama fencing at the start-finish line would lead NASCAR to develop the restrictor plate for the following season both at Daytona International Speedway and Talladega. 1999 – The southwestern portion of Oklahoma City is devastated by an F5 tornado, killing forty-five people, injuring 665, and causing $1 billion in damage. The tornado is one of 66 from the 1999 Oklahoma tornado outbreak. This tornado also produces the highest wind speed ever recorded, measured at 301 +/- 20 mph (484 +/- 32 km/h). 1999 – Infiltration of Pakistani soldiers on Indian side results in the Kargil War. 2000 – The sport of geocaching begins, with the first cache placed and the coordinates from a GPS posted on Usenet. 2001 – The United States loses its seat on the U.N. Human Rights Commission for the first time since the commission was formed in 1947. 2006 – Armavia Flight 967 crashes into the Black Sea near Sochi International Airport in Sochi, Russia, killing 113 people. 2007 – The three-year-old British girl Madeleine McCann disappears in Praia da Luz, Portugal, starting "the most heavily reported missing-person case in modern history". 2015 – Two gunmen launch an attempted attack on an anti-Islam event in Garland, Texas, which was held in response to the Charlie Hebdo shooting. 2016 – Eighty-eight thousand people are evacuated from their homes in Fort McMurray, Alberta, Canada as a wildfire rips through the community, destroying approximately 2,400 homes and buildings.
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newstfionline · 6 years ago
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In East Palo Alto, residents say tech companies have created ‘a semi-feudal society’
By Scott Wilson, Washington Post, November 4, 2018
EAST PALO ALTO, Calif.--This poor city is surrounded by the temples of the new American economy that has, in nearly every way imaginable, passed it by.
Just outside the northern city limit, Facebook is expanding the blocks-long headquarters it built seven years ago. Google’s offices sit just outside the southern edge, and just a few miles to the west, Stanford University stands as the rich proving ground of the economy’s future. Amazon just moved in.
Only a small fraction of jobs in those companies go to those who live in this city of 30,000 people, one of the region’s few whose population is majority minority. That demography is under threat by the one economic force that has not passed East Palo Alto by--rapidly rising rents and home prices.
“Amazon Google Facebook--SOS,” reads a painted bedsheet draped from an RV parked off Pulgas Avenue, one of dozens of trailers where families have come to live rent-free along a gravel path that leads from the city to the San Francisco Bay.
In the past year, John Mahoni, a burly, affable 41-year-old Latino man, has had a dozen visits from real estate speculators looking to buy his small house off Terra-Villa Street in the city’s worn-down southeast side. The most recent doorstep instant offer: $900,000 in cash, almost three times what he paid less than a decade ago. He turned it down.
“They’ve stopped coming because I cussed them out, but I know they were just doing their jobs,” said Mahoni, noting that residents have the right to reject any offer for their property. “... There’s no law against not being greedy.”
Skyrocketing housing costs are accelerating a demographic shift across the progressive Bay Area, pushing out Latinos and African Americans into ever-more-distant suburbs to make room for predominantly white technology workers.
A recent University of California at Berkeley study found that the region has “lost thousands of low-income black households” as the result of rising housing costs. The study found no similar effect on the income of or departures in white neighborhoods.
The process compelling minorities to leave for cheaper cities, caused by Bay Area housing shortages and policies that have cemented those market trends, is in effect resegregating a region that has prided itself on ethnic diversity.
A 30 percent median rent increase from 2000 to 2015 translated into a 21 percent decline in minority households, according to the university’s Urban Displacement Project. While it is hard to pin down the average Bay Area rent, estimates place it above $3,000 a month.
Black neighborhoods in Oakland, Richmond and Berkeley have seen the most precipitous exodus. Most of those leaving are heading east to the less-expensive agricultural valleys, where political resentment toward the coastal elite has been building for years.
The crisis is sharpening as Californians prepare to vote Tuesday on a ballot measure that would make it easier for cities and counties to impose certain forms of rent control.
Proposition 10, as the measure is known, is unlikely to win judging by recent polling. But when surveys ask California voters if they support rent control in general, a majority say yes.
This could mark a turn after decades of unsuccessful attempts to give local governments more authority to control housing costs.
In 2016, five California cities had ballot measures to adopt new rent-control laws. Two were victorious and two more cities, including Santa Cruz in this region, will vote on similar measures Tuesday. Sacramento, the state capital, will have a rent-control initiative on the 2020 ballot.
“We’ve seen a shift in public opinion from rent control being popular to rent control being winnable,” said Dean Preston, executive director of Tenants Together, a nonprofit advocacy group. “People have just had enough of the runaway rents and it’s fair to see this is as a wave happening across the state in response.”
Blessed and cursed by geography, East Palo Alto is the next frontier of Bay Area gentrification.
The city has become a hunting ground for real estate speculators eager to turn even the town’s most decrepit properties into homes and apartments for the tech sector. The offers of cash--and it is often cash--have proved irresistible to some homeowners here who never imagined their tiny two-bedroom bungalows would one day be worth seven figures.
Landlords are using evictions and rent hikes to prepare residential neighborhoods for redevelopment at a time when the city’s wealthy neighbors, from San Jose to Sunnyvale, are in some cases actively opposing affordable housing projects.
The spillover has prompted city leaders here to try to collect some money from the companies building offices with no accompanying housing for the workers.
A measure on the East Palo Alto ballot would impose a tax on each square-foot of large commercial office space, which city leaders say would raise a few million dollars a year for affordable housing and job training. The measure is known colloquially as the “tech tax.”
“The market is fundamentally broken,” said Daniel Saver, senior attorney for the nonprofit Community Legal Services, who after graduating from Harvard Law School six years ago works with low-income tenants and homeowners here. “This is a regional problem, and we can’t solve a regional problem on our own.”
From the early 1980s on, California’s powerful real estate lobby managed to kill every new measure to expand rent control proposed at the state and local levels. The crackdown followed a golden age of tenant rights activism in California when cities such as Berkeley, Santa Monica and East Palo Alto adopted strong rent control measures.
Proposition 10 has revived the long-dormant debate at the state level. If passed, the measure would effectively nullify legislation known as the Costa-Hawkins Rental Housing Act, which the state legislature passed in 1995.
Costa-Hawkins did not eliminate all local rent control in the state. But it prohibited local jurisdictions from implementing two regulations that affordable housing advocates say would better protect residents of cities such as this one amid the real estate boom.
One allowed local governments to limit rent increases when one tenant leaves an apartment and another tenant moves in, even if the new rent remains below market value.
East Palo Alto had the regulation in place before Costa-Hawkins. Tenant rights advocates say vacancy control, as the regulation is known, removes the financial incentive for landlords to evict tenants and hike the rent.
The other allowed local governments to apply rent-control regulations to single-family homes and condominiums. Proposition 10 opponents have focused on this element, in particular, because of its implications for the rights of individual homeowners.
But its advocates say the idea is to discourage real estate speculators, many of whom are now scouring East Palo Alto for investment homes.
The median home price here is more than $1 million, a mixed-blessing milestone passed just a few months ago that culminated a 25 percent price increase over just the past year. But the median household income of $55,170 remains nearly a third of that of neighboring Palo Alto and half that of adjacent Menlo Park.
“Socially and economically in this area we’re living in a semi-feudal society,” Abrica said.
Those economic conditions make this city particularly vulnerable to the forces of gentrification. Many longtime residents are income poor and property rich. They are the prime targets for real estate speculators and investment companies with cash.
“It’s a gold mine here right now,” said Mahoni, one of those targets, who makes his living trading on eBay.
He bought his house--single-story, a patch of lawn surrounded by a chain-link fence out front--in 2009. That is the era known here as “before Facebook,” whose arrival two years later electrified the property market. He paid $330,000.
Mahoni grew up in San Mateo County in a house his parents bought for about $112,000 in 1985 and is now worth 10 times that. While he has resisted the money, many of his neighbors have not or have been forced out by rent hikes.
His cousin is moving to the East Bay from a home on the next street over. He has several friends who in the past year have sold houses and resettled as far away as Tracy, a city about 60 miles east in the San Joaquin Valley.
“No one wanted any part of us when the crime was high here, and that’s what is also frustrating about all this new interest,” said Mahoni, who intends to leave the home to his seven children. “I tell people only sell if you have to, that you have the character not to sell your soul to the devil. But for some people it’s just too much money not to.”
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gadeglud5-blog · 6 years ago
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klacklas · 2 years ago
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Paul Pelosi Jr’s Adventures in Pennyland
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In mid-January 2022, British tabloid the Daily Mail published a long story about U.S. House Speaker Nancy Pelosi’s son Paul Jr, in which it was alleged that he’d been involved in a number of shady businesses, some of them targets of Securities and Exchange Commission investigations and enforcement actions. The piece was subsequently picked up by the NY Post and several Republican political organs. We’ll take a look to see if there’s any fire to go along with all the smoke.
Paul Pelosi Jr is the only son of Nancy and Paul Pelosi; their other four children are daughters. (One of them, Alexandra, memorably said of her mother on CNN: “She’ll cut your head off and you won’t even know you’re bleeding.”) Like his siblings, Paul isn’t a kid; he’s 52 and has worked as an attorney and environmentalist since he was in his 20s. He graduated from Georgetown University and has been a member of the California Bar since 1996 and a California real estate broker since 2002. He’s been fairly low-profile in his business and personal life. His sisters Christine and Alexandra are better-known. 
At LinkedIn, Paul lists Due Diligence, Corporate Finance, Start-ups, Corporate Development, Venture Capital, New Business Development, Investment Banking, and more as “skills” he possesses, and at which he presumably excels. Early in his career, he worked for Bank of America, but more recently, he’s been associated with smaller enterprises, some of them startups. As everyone who follows the OTC market knows, that choice can present its own dangers.
The Mail says that Paul “was involved in five companies probed by federal agencies—but has never been charged himself,” adding that “[a] shocking paper trail shows Paul Pelosi Jr.’s connections to a host of fraudsters, rule-breakers and convicted criminals.”
InfoUSA
In 2007, Paul had a full-time job working as a home loan officer at Countrywide Home Loans in San Mateo. He was nonetheless hired by data collection company InfoUSA as a senior vice president earning $180,000 annually, presumably in addition to his salary from Countrywide. InfoUSA was the creation of Vin Gupta, an Indian immigrant who’d become an enormous success in the ‘80s and ‘90s. Originally called American Business Information (ABI), by 1994, the company traded on the Nasdaq. In 1997, Gupta stepped down as CEO, saying he believed more experienced management was needed.
Nonetheless, he took over once again the next year and renamed the company InfoUSA. In 2008, the name was changed a third time to InfoGROUP. In 2010, Gupta sold the company for $680 million. By then, Gupta had acquired more than 45 companies to combine with InfoGROUP and had expanded operations worldwide.
But not all was sunny at the company. For years, Gupta had treated it as his own private property, arranging for very large amounts of money to be paid to him personally. On March 15, 2010, the SEC sued Gupta, a board member, and two company employees: Vasant H. Raval, former chairman of the audit committee, and Rajnish K. Das and Stormy L. Dean, each of whom had served as CFO of InfoGROUP at different times. How did the SEC become interested? Some shareholders became aware of Gupta’s “perks” and sued him in Chancery Court in Delaware, where InfoUSA/InfoGROUP was incorporated. The SEC learned of the action and opened its own investigation. 
The SEC alleged that between 2003 and 2007, the company gave Gupta approximately $9.5 million in unauthorized and undisclosed perquisites. The cost was either billed directly to InfoGROUP or through Annapurna Corporation or Aspen Leasing Services, two entities controlled by him. According to the relative complaint:
Gupta’s expenses that were reimbursed by Info as business expenses included, among many others, costs related to private jet travel to Italy, the Virgin Islands, Cancun, Miami, and Las Vegas; travel and accommodations in South Africa; computers for his sons; 28 club memberships; over 20 automobiles; certain costs associated with a home in Aspen, Colorado and a winery in Napa Valley, California; and personal life insurance policy premiums.
Gupta agreed to pay disgorgement of $4,045,000, prejudgment interest of $1,145,400, and a penalty of $2,240,700 and consented to an order barring him from serving as an officer or director of a public company. Raval also settled with the SEC. At the time the complaints were filed, the case against Das and Dean was ongoing.
So then. What does all this have to do with Paul Pelosi, Jr? Nothing, really. Gupta’s been supportive of Democratic politicians for decades; he and Bill Clinton used to play golf together. He contributed to both Clintons’ political campaigns and hired Bill as a “consultant” once he’d left office. But the Mail cites an earlier investigation; one opened by Iowa Attorney General Tom Miller in 2005. It examined telemarketers who defrauded the vulnerable elderly. Two of the companies Miller considered of interest were InfoUSA and its subsidiary Walter Karl Inc. In 2007, running for the Democratic nomination for the presidency, Hillary Clinton was evidently aware of the investigation and made a point of warning older voters: “We’ve got to send out the alarm: Seniors should be extremely careful in buying anything that someone tries to sell you over the telephone.”
InfoUSA offered its own explanation:
“In response to the Iowa investigation, Walter Karl exited this business and the one sales representative involved in this area left the company,” the infoUSA statement reads. “While infoUSA can not manage what a client does with the publicly available information infoUSA provides, the company has a strict policy about not selling data to companies who act illegally.”
Ultimately, the company was not charged.
Again, all that has nothing to do with Paul Pelosi. He didn’t work for InfoUSA until after the investigation was closed. Probably Gupta admires Nancy Pelosi and was happy to have Paul come on board. But there’s no indication they were friends. According to the Mail, a Newsmax reporter asked Pelosi in 2007 whether Gupta had hired him to get access to his mother. Pelosi replied:
I don’t think that’s really what happens. I don’t see it that way, but I could see why you’d ask the question… I guess you always wonder why somebody hires you, right?
We wonder why he was talking to someone from Newsmax. And—flash forward—why did he spend New Year’s Eve 2018 at Mar-a-Lago, chatting with Ivanka Trump?
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Paul Pelosi Jr with Ivanka Trump
Natural Blue Resources
In 2009, just two years after Paul went to work for InfoUSA, he was recruited to help set up an environmental investment company called Natural Blue Resources (NTUR). So he entered Pennyland and entered it in the worst possible way. Presumably, Pelosi found the offer he received attractive because, as the SEC said, Natural Blue’s “purported mission was to create, acquire, or otherwise invest in environmentally friendly companies.”
Who recruited him, along with Toney Anaya, a former New Mexico governor? 
Since founding Natural Blue together as a private company, and at all relevant times when it was a public company, [James E.] Cohen and [Joseph A.] Corazzi provided direction to the Company’s board and management. Among other things, Cohen and Corazzi recruited Anaya and Pelosi to serve as officers of the public company, recommended various board members, officers, employees, attorneys, and auditors. Cohen negotiated with third parties (including acquisitions and reverse mergers) on behalf of Natural Blue, participated in board meetings, recruited investors, reviewed and commented on public filings, and had formal authority over Natural Blue’s brokerage account. While Corazzi’s role was not as prominent as Cohen’s, Corazzi also helped to select Anaya (and his successor) as the CEO, recruited investors, handled press releases, managed the Natural Blue website, reviewed and commented on public filings, and negotiated a business transaction with a Massachusetts-based company that resulted in new management.
A few short minutes with a good search engine, or at the SEC website, would have shown Pelosi and Anaya they’d fallen in with a bad lot. Cohen had once been a registered representative who’d worked for a number of brokerages but, in the end, was barred from the profession after a 2004 criminal conviction for attempted enterprise corruption and attempted grand larceny. Pelosi himself had been a broker for about 10 years; it would have been easy for him to check Cohen out.
Corazzi was even more colorful. In the 1990s, he’d served as Chairman and CEO of one of the funniest OTC scams of all time, Las Vegas Entertainment Network (LVEN). In its NTUR litigation, the SEC says only that Corazzi’s old company was “sued by the Commission for fraudulently overstating its assets,” but what really happened went far beyond that. The fun began with a $95 million unsolicited bid made by Corazzi/LVEN for Jackpot Enterprises, a Las Vegas entity. 
It turned out that part of the $95 million would be supplied by a mysterious but fabulously wealthy man called Dr. Fred Cruz. Cruz had his own company, called Countryland Wellness Resorts, which claimed it had sold a mine it owned for $2.7 billion in treasury bills and certificates of deposit issued by… the Dominion of Melchizedek. The DOM was a fake country that did—and still does—describe itself as an “ecclesiastical sovereignty.” Like the Vatican, except that its only properties are some atolls in the Pacific Ocean. We are not making this up:
The Company sold its mining interests in Plumas County, California to a foreign ecclasiastical [sic] sovereignty in exchange for Treasury Bills (“T-Bills”) having a face value of $2,418,000,000.00, issued by the Dominion of Melchizedek (“DOM”). The T-Bills, payable without interest, mature on May 27, 2005.
The Company has booked the T-Bills at face value. As additional consideration, DOM has credited the account of the Company 300,000,000.00 Dominion Dollars (the official currency of DOM), from which the Company has acquired a 5 year Certificate of Deposit issued by the DOM state owned and licensed bank, Bank of Salem. Bank of Salem is not licensed within the United States of America, nor is it associated with any U.S.A. bank. The exchange rate for Dominion Dollars of the Dominion of Melchizedek is one Dominion Dollar to one U.S. Dollar. Additional information regarding the sale of the mining properties is contained in the Company’s Form 10Q filing with the Securities and Exchange Commission for the period ending March 31, 2000, dated May 15, 2000.
Pelosi and Anaya were, evidently, unable to look that up at Edgar. Nor, apparently, were they capable of finding this article about the scam from the Las Vegas Sun, though in fairness, it doesn’t reference Corazzi. Nor did it reveal that Dr. Fred—he was a podiatrist—Cruz had been jailed four times for fraud, or that he claimed to own $1.1 billion in Indonesian Bank Guarantees that yielded 9 percent interest daily. But the truth is out there, and the new NTUR officers could have found it.
The LVEN story ended when the SEC sued the company, Corazzi, and two other officers for fraud on October 8, 2002. For good measure, the SEC revoked LVEN’s registration at a time when that was an unusual step to take. The agency also sued Cruz and Countryland, though Cruz died not long after. The complaint noted that “dirt stored in a warehouse was reported as gold with a value ranging from $19.5 million to over $27.3 million,” and that “Indonesian bank guarantees were reported to have values ranging from $400 million to $1.1 billion; in fact, the bank guarantees did not exist.” The Sun reported on that news as well, in a piece that clarified a number of issues concerning Cruz.
And yet Pelosi and Anaya, unable to figure all this out and apparently unaware that it would make sense to pay for some background checks, gladly signed on with Corazzi and Cohen. Pelosi would be the president of the company. Corazzi and Cohen’s fraudulent scheme began in 2009 and continued until July 2014, when the SEC brought an administrative action against the company, Cohen, and Corazzi. It’s likely that had Anaya not been a former governor and Pelosi the son of a prominent member of Congress, the Commission would have chosen to sue in federal court instead. 
The thrust of the action was clear and simple:
Since founding Natural Blue together as a private company, and at all relevant times when it was a public company, Cohen and Corazzi provided direction to the Company’s board and management. Among other things, Cohen and Corazzi recruited Anaya and Pelosi to serve as officers of the public company, recommended various board members, officers, employees, attorneys, and auditors. Cohen negotiated with third parties (including acquisitions and reverse mergers) on behalf of Natural Blue, participated in board meetings, recruited investors, reviewed and commented on public filings, and had formal authority over Natural Blue’s brokerage account. While Corazzi’s role was not as prominent as Cohen’s, Corazzi also helped to select Anaya (and his successor) as the CEO, recruited investors, handled press releases, managed the Natural Blue website, reviewed and commented on public filings, and negotiated a business transaction with a Massachusetts-based company that resulted in new management.
Pelosi testified against Corazzi and Cohen. As a side note, Toney Anaya is not the only governor of New Mexico to get involved with a scam company in recent years. One of his successors, Bill Richardson, found himself serving on the board of the appalling Miller Energy Resources (MILLQ; registration eventually revoked). Richardson did realize MILL was problematic, but he went ahead and accepted the job. Which did no real good for anyone.
FOGFuels
Though Pelosi claims in his LinkedIn profile that due diligence is one of his skills, that is obviously not true. On October 30, 2013, an Atlanta company called FOGFuels announced that Paul had been appointed vice-chairman of its board and as a “speaker on environmental policies.” The company purported to have developed what it called the “FOG2D™ process” to “effectively remove fats oils and greases (FOG) from wastewater streams.” The resulting “advanced biodiesel” could power vehicles like—you guessed it—school buses. 
But did Pelosi make any attempt at all to check out the company’s founder and managing director, Paul Marshall? Only six weeks earlier, on September 11, 2013, the SEC had sued him in federal court, along with three of his companies: Bridge Securities, LLC a/k/a Bridge Financial; Bridge Equity, Inc., and FOGFuels, Inc. 
The Commission’s complaint alleged that Marshall, as an investment adviser representative of the Bridge entities, had misappropriated at least $2 million from his clients, some of whom were elderly. He used their money to “pay for various personal expenses, including luxury trips, child support and alimony payments to his former wife, cash transfers to his current wife, and private school tuition and camps for his children.”
Marshall had even succeeded in talking the city of Atlanta into funding his FOGFuels idea. By 2018, city council members were being subpoenaed, and questions were being asked about the “nature of his relationship to the mayor’s deputy chief of staff: Katrina Taylor Parks.” The year before, he’d been indicted on 14 counts of wire fraud. In May 2018, Marshall was sentenced to a term of six years in federal prison for his crimes against his elderly investors. 
Targeted Medical Pharma
In 2014, Pelosi agreed to serve as an independent director of Targeted Medical Pharma (TRGM), an SEC registrant located in Los Angeles. He was nominated for a directorship in the company in a proxy statement noting that his “extensive background in the public securities markets and in working with emerging companies, as well as his education and experience in business law and public policy leads us to conclude that he would make a significant contribution as a director.” He was elected to the post on June 6, 2014. He resigned seven months later, on February 2, 2015.
On March 29, 2017, the Food and Drug Administration (FDA) sent a warning letter to Targeted Medical, objecting that the company was improperly testing one of its products, Theramine, on human subjects. The agency insisted that Theramine was a drug; TRGM responded that it was, on the contrary, a “medical food.” The FDA took no further steps. However, the company is in trouble. Although it saved itself from possible revocation of registration by filing a Form 15 with the SEC, it’s now providing no public disclosure at all, and so trades on OTC Markets’ Expert tier, without market makers or published quotations. 
Asa Saint Clair
It seems that for the moment, at least, the public companies Pelosi is involved in are not problematic in the way his earlier ventures turned out to be. He did, however, manage to fall for a different kind of scammer in a different kind of investment. According to the Daily Mail, he put a new gig on his LinkedIn profile: full-time work as a “Business Development Executive” of the Corporate Governance Initiative (CGI). It’s briefly described in an SEC filing from a few years ago as “an organization committed to assisting organizations to adhere to a system of guidelines, practices, and procedures by which a company is directed.” He has by now removed the reference to CGI at LinkedIn.
Somehow or other, Pelosi and CGI allowed themselves to be taken in by a character called Asa Saint Clair. (Or, as he seems to prefer, “His Excellency Asa Saint Clair.”) Saint Clair had created his own cryptocurrency called IGOBit. He touted it by claiming ties to a United Nations affiliate conceived to promote development in the third world through sports. Investors were promised guaranteed returns and an ownership in IGOBit.
That, at least, is what Geoffrey Berman, U.S. Attorney for the Southern District of New York, said when he indicted Saint Clair on November 6, 2019. According to the indictment:
From 2017 through September 2019, SAINT CLAIR solicited investors for the launch of IGOBIT through promised investment returns and representations about World Sports Alliance’s development projects around the world.  World Sports Alliance did not in fact participate in any international development projects and SAINT CLAIR did not dedicate investor funds to IGOBIT.  Instead, SAINT CLAIR diverted those funds to other entities controlled by him and members of his family, as well as to pay his personal expenses, including dinners at Manhattan restaurants, airline tickets, and online shopping.
We sense a pattern here. Why has Pelosi so often fallen for con men running what are essentially Ponzi schemes? People who don’t even make a pretense of running a business? Why wouldn’t he, with all his self-proclaimed expertise, notice that?
Paul ran a very large endorsement at his own website, in which he said, “When combined with the ability to sustain the planet through its support of the Sustainable Development Goals, IGOBit is the absolute best offering I have ever seen.” That is gibberish. Embarrassing gibberish. 
We don’t think Paul Pelosi Jr is a bad person. But he is certainly bad at what he does, at least when public companies and public or private offerings are concerned. Over the years, he’s been appointed to the boards of public companies not mentioned here. They weren’t run by crooks—at least no one was arrested—but they weren’t successful, either. An example would be Freedom Leaf (FRLF), a penny stock in the hemp business. In 2017, it appointed Pelosi chairman of the board. It seems everyone’s intentions were good. But the company did poorly, and Pelosi, evidently unable to help, was gone by 2019. A name change to GL Brands (GRLB) didn’t turn things around. 
The company’s bankruptcy plan became effective on June 29, 2021, and all its shares were cancelled. 
Perhaps Pelosi needs to find another way to save the planet.
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