Quote from: GAW_Homero on April 21, 2015, 11:57:26 AM

http://qntra.net/2015/04/garza-friends-additional-emails-detailed/

Cynical and obvious schtick is cynical and obvious.

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Stuart Fraser of Cantor Fitzgerald

Text messages and emails between Garza and Stuart Fraser reveal a friendship dating back an unknown number of years. Seeing him as the father he never had, Garza texts Fraser:

Just wanted to thank you for all your have done. Much of who I have become today is because of you. I did not have much of a father growing up, and you have very much been that for me throughout much of my life. Love you buddy, josh

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More than love, Garza comes across as desperate for the admiration and respect of his mentor. Not only does Garza buy Fraser a car for Christmas, but the two have financial dealings which see Garza selling a 41% share of his operation to Fraser as well as organising various loans.

Firstly, he didn't buy Stuart a car for Christmas, he said he'd gift his Tesla to him in an attempt to get him off his back about the amount of money owed, then changed his mind and said Stu could buy it off him for a good price, before finally giving in shortly before Xmas day and awkwardly presenting it to him, still with 'Garza' vanity plate, as though he were doing him a huge favour. Trouble is he still has plenty of outstanding payments due on it!

From what I can gather, Homero owes EVERYTHING to Stu, who was clearly being tapped for large amounts of capital over the preceding years on the basis of whatever bullshit Garza was routinely spinning him at a place he references as Mt Snow

It strikes me that Stu was being fed non-stop techno-babble that sounded like it was the sort of 'innovation' which could lead to 'The Next Big Thing' and he was suckered into helping Homero finance his business ventures which apparently required the use of expensive cars long before he moved into fractional-reserve 'virtual mining', otherwise known as a Ponzi scheme.

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Going foard, here is what I am thinking, we will create a equal partnership (50/50) in our holding company "Geniuses At Work Corporation", you can have the voting power (I dont care). I will put in everything I have built:

My equity stake in CP
Any patents Joe or I create
My entire voice platform
The new App system (the one we talked about at Mt snow)
smart-tech
GAW Labs
Joe deal (I know you probably figure this is assumed, but the equity in GAW Labs (voice system) is how we are doing the deal)

In other words, I would split every deal and every system I have developed with you.

Here is what I would like:

10k per month investment paid to Geniuses at Work Corporation for 24 months (to pay myself with). I have coninued to lower my salary over the last few years (not complaining about)
Forgive the hillcrest debt (around 230k)
Allow me to live down the investment you made in GAW in the past. I feel so bad every time its brought up. I will still/always continue to try and recoup your losses.
The 150k that you have already agreed to, per the term sheet we reviewed at your house. But I would like for this to only be a "*one time*" infusion. On other words, its *not* perpetual, and there is *no* exsepction of farther investment
Help with Howard on CP

What Homero Joshua Garza was thinking was that he'd get to consolidate some of his debt into a new structure where he'd be giving Uncle Stu even more share capital in a bunch of useless companies, while also requiring that several hundred thousand dollars of previous debt be forgiven because, you know, he's just sick of hearing about it all the time, right?!