No, look it up.

staple street has investors, correct? are those names public knowledge or not?

thanks, white.

Yes you can invest your money with Staple Street...they are money mangers...but i am sure they won't provide the names of their investors. That would be like your bank providing your data to anyone who asked. Illegal I am sure.

Here's is their info if you are inclined to go that route

https://staplestreetcapital.com/InvestmentCriteria

Thanks, white. I am not inclined to invest there but was just making sure that 76% of the owners could be anyone..I appreciate the info, thanks again.

One of the best takes, yet.

You can see their entire team of professionals on their site. Now those people are NOT the owners. They are employees.

I think you misunderstand about the ownership issue. Staple Street owns 76% of Dominion. Staple Street is owned by Owens and Yaghoobzhadeh


You can also see the other investments that Staple Street has an interest in by clicking on PORTFOLIO on that same page.

Dental supply, flower bulb suppliers, storage facilities and more innocuous stuff.
Not too threatening at all.


They are a pretty small outfit with only $900 million in assets

^ great place to hide the ownership...

I don't see how they are hiding anything .

Can you explain how you got there ??

anyone could give the two partners 500 million to 'invest' in dominion, right?

that anyone is not public knowledge, right?

maybe I am not thinking correctly but I think dominion is corrupted.

Oh I see where you're going.

No. It doesn't work like that.

I may have misled you. Other people can't/don't invest money with Staple Street. Businesses that have some special situation approach Staple Street for help. Either they need to borrow money, or they want to sell off part of a company, or maybe one partner wants out but the other can't afford to buy him out, or it's a family business that wants to cash out for some reason...........those types of situations Staple Street may do business with them and buy part or all of the company. That's why they list the investment criteria for situations they will consider.

They are not like a mutual fund where you can buy shares or even a hedge fund that will manage your money.........if you have a minimum amount.

But let's say for example that Black Rock wanted to give Staple Street $500 million. That transaction would have to be declared to the SEC in either a 10Q or a 13F filing. Those forms are all publicly available on the SEC website.........because Black Rock is a public company.

Also......if you were black Rock's auditor.........don't you think you'd miss a half billion dollars and want to know where it went ? Or if you're a Black Rock shareholder reading the annual report............you might notice that there is a half billion dollar discrepancy between a couple of columns on the balance sheet ?


On the other side of the ledger, if you were Staple Street's accountant wouldn't you need to know the source of that half billion dollars..........so you don't characterize it as taxable income ?

These companies have too much to lose by trying to hide stuff like this from the SEC. Once in a great while an Enron comes along but not very often

This is all you debbie downers need to know

is the SEC as honest as the DOJ, FBI OR ATF????



or the CIA?

One of my hunters last fall managed an insurance company that specialized in computer hacking fraud. Situations like the pipeline back east last year. Anyway I didnt know there was even such a thing but he told me it happens every day. Hackers will get inside a companies computer system and then demand a huge ransom; often in the millions. Thats where his company comes in. They negotiate with the hackers and eventually pay them out. He told me the hackers are rarely ever caught.

Point being, I dont think it matters who owns Dominion, its still not secure.

Yeah a big difference in who owns the company and whether or not their machines are connected to the net by some crooked election official.

I think what your insurance guy was talking about is ransom ware. Remember a few months back that gas pipeline in the mid-atlantic states was shutdown ? If I remember correctly that was a case of ransom ware placed via hackers

Look. I don't trust any government agency. The current head of the SEC, Gary Gensler, is a Biden butt boy. He is trying to force pubic companies to adopt climate related policies that the Dems were unable to get through congress, and that have nothing whatsoever to do with protecting the investing public. Industry is rightly pushing back. So in that instance the SEC in the form of a partisan hack, is not acting honestly or legally.

That is a far cry from saying that the quarterly reports that companies file with the SEC are somehow not true.

It may surprise you to learn that there is a part of the financial community that spends its time looking at every tiny detail of those reports and going over the accounting....line by line..........looking for discrepancies or indications of some attempt to cover up fraudulent accounting entries or misleading company press releases that can not be supported by the accounting.

These groups, or companies then may go on to sell short the shares of that company and then release the data which they think proves some sort of illegal, unethical, immoral conduct at the company.

Carson Block and his firm Muddy Waters Research is possibly the best known at this point in time. He makes his money by exposing this type of behavior and shorting the stock. This is good for everyone.........except of course for the folks who may have cooked the books.............and possibly the shareholders.

If it weren't for public access to those required filings at the SEC, this wouldn't be possible.

Also consider all the mutual funds that own millions of shares of many companies. You can bet that the fund managers have armies of accountants that scrutinize every verbal statement of corporate execs and the financial reports to the SEC that are filed by all those individual companies that the mutual funds own the shares of.

I have been a party to a few class action securities law suits over the years and I'll tell you what.........the lawyers want to know the EXACT date and price to the penny that you bought and or sold shares, options, single stock futures, or indexes. It is possible nowadays to reconstruct the time, price, volume, and exchange location for every trade that occurs on a listed stock, for any day.......and even a live feed of that data in the middle of the day with just the click of a mouse.


My point is that there are so many people involved in the financial markets at every minute of the day that there is always someone watching for a glitch or a fat finger mistake on a keyboard..............because everyone wants to exploit that error or make sure no one is trying to rip them off............either through bogus accounting or not filling a trade when the order you have placed is marketable or "frontrunning" orders out of time sequence

I know this stuff makes eyes glaze over. But there are far more rules in place than you might think, and someone is always watching.

As usual, you are correct White.

Thanks TrapperDR. My memory isn't what it used to be.........I think

You're welcome. Enjoy reading your informative posts. I have learned a lot from you over the years.

Thanks for the kind words So many folks on here with a lot knowledge on a lot of subjects. We are fortunate to have this bunch !