|The Davis - RSF "Group": Michael Davis, Siegfried Finser, Mark Finser|
Theme music: https://youtu.be/fJuapp9SORA
Shady Michael Davis and his shady RSF partners playing shady shell games
Davis and RSF share ownership of Filigreen Farm. The property is comprised of twelve parcels, two of which Davis ostensibly purchased from Alan and Stephanie Carlson, a private couple.
Mendocino County records show the Carlson's bought the Filigreen Farm related property in 1999 from a close affiliate of RSF for $125k, with that close affiliate providing $75k of seller financing to the Carlsons. A few years later, the Carlsons sold the property to Michael Arlen Davis' Skywords Family Foundation for $950k.
Alan and Stephanie Carlson's transaction history for #11550 Anderson Valley Way, Booneville, CA:
- 8/31/1999 $125k Carlsons buy #11550 from Skylark (Chris Mann)
- 8/31/1999 ($75k) “seller loan” provided by Skylark (Chris Mann)
- 2/09/2006 $97k cash received from mortgage refinance
- 10/09/2007 $638k cash received from mortgage refinance
- 10/22/2007 $950k cash received from sale to Skywords (Davis)
It is extremely unlikely that Alan and Stephanie Carlson were an independent couple who bought #11550 Anderson Valley Way in 1999 in an "arms-length" transaction from a RSF related entity and then sold that property to another RSF related entity in another "arms-length" transaction.
The fact that Christopher Mann's "Skylark" provided seller financing in the first transaction and that RSF provided buyer financing in the second transaction makes the real estate and related money transfers even more suspicious.
With this shady, possibly illegal, transaction history in the Northern California real estate market, is it for Cyanotech's shareholders to ask if similar shady transactions involving Davis / RSF are possibly going on today in the publicly traded stock of Cyanotech?
Was Christopher Mann's Skylark possibly the inspiration for Michael A. Davis' formation and use of his Skywords Family Foundation? What about Davis' shell entity Ginungagap? Or was it the other way around?
Click on the link below to read Part II of this blog-post :