—
Back when Candidate Trump was busily saying this to the American public …
Trump denies any links to Russia: 'No loans, no nothing'
— Donald Trump, CNBC, 11 May 2017
“I have nothing to with Russia. I have nothing to do with Russia — for anything.”
— Donald Trump, news conference, July 27, 2016
All the while, the ‘Dealer Donald’ was busily carving out his next fortune, with Russian interests behind the scenes …
Here’s some of the OCR-corrected text, from the Donald’s “Letter of Intent” to collect a cool billion tens of millions, by loaning his Name, to the Trump Tower Moscow project, which in turn intended to leverage the “Trump Brand” — back in that country that Trump has barely even heard of.
pg 2
Licensor: Trump Acquisition, LLC and/or one or more of its affiliates
Licensee: I.C. Expert Investment Company and/or one or more of its affiliates
Property: Real property to be acquired by Licensee and to be known as Trump World Tower Moscow and located in Moscow City, as mutually agreed upon by the Parties (the "Property").
[...]
pg 4
License Fees: Licensee shall pay to Licensor certain non-refundable license fees as set forth on Schedule 2 attached hereto.
[...] -- COHEN MICHAEL-00196443
[Emphasis from the original document]
Is that Schedule 2 (the Donald’s income stream) included in this Letter of Intent (L.O.I)?
Surprise, yes it is. Prepare to see how those in the ‘stratospheric pinnacle’ live ...
pg 16
SCHEDULE 2
LICENSE FEES
Licensee shall pay to Licensor for the license of the Licensed Mark, as herein provided, all of the following non-refundable fees (the Up-Front Fee, Gross Sales Fees, Commercial & Office Component Rent Fee and Other Fees, collectively, the License Fees").
----------
AMOUNT OF PAYMENT OF PAYMENT
The "Up-Front Fee":
$4,000,000
----------
The below, collectively, are the "Gross Sales Fees":
(i) 5% of Gross Sales Price up to
$100,000,000;
(ii) Thereafter, 4% of Gross Sales Price up to
$250,000,000;
(iii) Thereafter, 3% of Gross Sales Price up to
$500,000,000;
(iv) Thereafter, 2% of Gross Sales Price up to
$1,000,000,000;
(v) Thereafter, 1% of Gross Sales Price
(each of the foregoing, as applicable: the
"Gross Sales Rate"). For purposes of this
Agreement, "Gross Sales Price" shall mean the
total selling price of each residential
condominium unit (each, a "Residential Unit"),
Without any deduction therefrom whatsoever.
---------- ----------
Gross Sales Rate of 5% of Other Unit
Sales Price. For purposes of this Agreement,
"Other Unit Gross Sales Price" shall mean the
total selling price of any portion of the Property
which is not a Residential Unit, including,
without limitation, portions of the retail area,
storage spaces, cabanas and similar areas and
all additional amenities or components
(including any memberships) not otherwise
-- COHEN MICHAEL-00196443
pg 17
contemplated in the License Agreement (each,
an "Other Unit"), without any deduction
therefrom whatsoever.
----------
The "Commercial & Office Component Rent
Fee":
For any Other Unit space leased at any time at
the Property, 3% percent of all the rent (base
rent plus all additional rent, including, without
limitation any percentage rent) applicable to
such Other Unit.
----------
The "Other Fees":
3% of Other Revenue. For purposes of this
Agreement, "Other Revenue" shall mean any
and all other revenue whatsoever derived from
the Property, including, without limitation (or
duplication), concessions, activity fees,
catering, conference and banquet fees, food. and
beverage receipts, fitness center and spa sales
and receipts, equipment rentals and provision of
other services.
==========
[...] -- COHEN MICHAEL-00196443
[Emphasis from the original document]
CNN who helped break this story, explains that Dealer Donald, DID indeed sign and agree to the terms of this Letter of Intent with Russian Interests; And Trump’s Lawyer admitted to it too, in his dealings with Felix Sater (purportedly a member of the Russian Mob, who has back-channels to Putin).
An internal Trump Organization document from October 2015, obtained by CNN on Thursday, reveals the details of a 17-page letter of intent that set the stage for Donald Trump's attorney to negotiate a promising branding venture for Trump condominiums, a hotel and commercial property in the heart of Moscow. Trump signed the document later that month, according to Michael Cohen, his corporate attorney at the time. [...]
That’s the same Michael Cohen who swears up and down, ‘he never went to Prague’, to meet with Kremlin officials in Aug 2016, as the Steele Dossier said he did.
I suppose he never talked with Felix Sater either, about this Trump World Tower Moscow deal either, even though Sater’s email trail (and Cohen’s replies) say otherwise.
And I suppose the Donald couldn’t find Moscow on a Map of the World, even though he intended to rake in millions and millions there ... just as soon as his little ‘profile-raising exercise’ of running for President, went according to his original plan. How many millions would his Trump-Brand-name have been worth then — if only he hadn’t won?
If only he hadn’t gotten the chance, to prove to the world exactly how incompetent and petty, he really is …