WMC timeline
Category: Other
Updated: 28 Nov 2018
Contributors
Created byAlejandro Aurrecoechea
Attachments
Events
Nash Martinez bring new
potential investor Eduardo
to clinic for tourElias brings finalized
membership agreements for
UPG/WMC/I2WRiverside location lostStassney location foundEMR decided onWMC filed
I2W filed
UPG filed
with TXSubscription Agreements for partner %
UPG & WMC signed by membersSBA loan with Regions filed.Shyam meets w Elias
on phone 1st timeMr Wu met for EB5
investment talks. Wanted
%51 and to control everything.
We decline investmentDave Rocker verbally agrees
to invest initial $300KPA Cadrain signedMeet with Regions Bankers
open accounts for SBA loan processingRegions agrees to loan $700K only.
NOT enough. We decline to continueClinic presentation to room
of investors
Chase Board RoomShyam and wife meet at law firm
Elias/Fernando/Nash/Alejandro
Business Plan givenElias Forms Monarch
Investments for ShyamShyam signs agreement to in invest
leaves $100K depositShyam continues $900K investment
w 2 more checksShyam Completes
investment with final checkI2W Subscription Agreements
%'s for partnersWayne/Candice/Alejandro/Susanna
official 1st work day for WMCStassney space finally signed
Construction beginsDr. Guel signs AgreementDave Rocker backs out of
$300K AgreementElias/Shym golf to discuss
Clinic need for addition $300KSoft Opening of ClinicConstruction finished
Furniture installed
Supplies in placeShyam presented with 2nd
investment for remaining 8%
stock for $300KElias messes up payroll.
Wayne/Fernando finally
given access to WMC bank accouns
See extent of misuse of WMC fundsShyam meets with WMC at office to
decline further investmentElias finally shows Amada QB
and state of bookeepingClinic Grand Opening celebrationShyam asks for partner roles
asks to see bookeepping1st yearly meeting of
partnersShyam break-inElias / Shyam clear
bank accountsClinic files suit against Elias
to replace monies takenShyam files lawsuit against
clinic partners in State CourtShyam meets eliasPA Cadrain FiredDr. Guel contract deisolvedDr. Thomas contract signedPA Frisbee contracted to
take over PA CardainFirst partner meeting to discuss
naming/locations/EHR software
Marketing/potential Drsmet to discus job first serious investor Mr. Wu
titles/Management/EB-5/staff/equipmentMet Mr. Wu
showed interest to invest
Wants to see working clinic firstVisited riverside location
decide to actively presue
renting locationmeeting to decide to take out SBA loan
to start first clinic. Mr Wu undecided to
invest in first clinicMeet w Regions Bankers
Business plan given in meeting
with bankersStopped paying Susanna.
Never saw any work from her
to even start QB accounting files
for clinic entities.Nash brings another new possible investor
(David Negrete) to see clinicElias brings Operating
Agreements for WMC/I2W/UPG
All sign last pagesNash Martinez Agreement
for finding investors for TERCNash Agreement updated commissions
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