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R. Leonard, C.S.R., Inc.
<br />Certified Shorthand Reporters
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<br />40 PAGE 157
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<br />THE VIDEOGRAPHER: WE'RE ON THE RECORD 3A0 P.M.
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<br />HAD STARTED ASKING ME FOR MONEY, HE HAD ASKED ME FOR
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<br />Q BY MR. RUBINER: DURING THE MEETING IN YOUR
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<br />MONEY ON SEVERAL OCCASIONS BUT I FINALLY AGREED TO IT AT
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<br />BROTHER'S, TEN MONTHS AGO AT YOUR BROTHER'S HOUSE, WHAT
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<br />THAT MEETING ON MELROSE THAT HE SAID THAT I WOULD
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<br />DO YOU RECALL RACHEL SAYING ABOUT HER PERCEPTIONS OF
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<br />BENEFIT FROM IT BECAUSE FOR THE FIRST TIME BE WAS NOW
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<br />SEAN?
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<br />TALKING ABOUT FINDING DEALS, NOT FTNANCING DEALS AND
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<br />A I HAD BEEN FOOLED INTO THE BELIEF THAT HE WOULD
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<br />AGAIN, THE, I REJECTED ALL THE DEALS.
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<br />BE SUCCESSFUL AND IT WAS A SHAME THAT I HADN'T LEARNED
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<br />Q YOU REJECTED ALL OF THE DEALS MR. DALESANDRO
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<br />MY LESSONS IN THE PARTLY FALL, IT WAS A SHAME THAT I HAD
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<br />BROUGHT TO YOU?
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<br />A BIG HEART AND WANTED TO HELP THE GUY OUT WHEN HE
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<br />A N0, I SAID DURING THAT TLME FRAME.
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<br />NEEDED MONEY AND IF I CONTINUED TO DO BUSINESS IN "HAT
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<br />Q AND WHAT'S THE TIME FRAME THAT YOU'RE TALKING
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<br />FASHION WE'RE GOING TO GO BROKE VERY QUICKLY.
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<br />ABOUT?
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<br />Q DID SHE SAY ANYTHING ELSE?
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<br />A THERE WAS A TIME FRAME BETWEEN WHEN THE ROYAL
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<br />A SHE SAID NUMEROUS THINGS ABOUT SEAN THAT SHE
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<br />CANYON FELL OUT, WHERE I CANCELLED IT, AND I THINK THAT
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<br />FELT ABOUT HIM AT THE TIME.
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<br />WOULD HAVE BEEN THE END OF OCTOBER, WE HAD MADE AN OFFER
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<br />Q WHAT DID SHE SAY?
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<br />THROUGH HIM ON A DEAL I HAD NEVER HEARD OF IN TEXAS, I
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<br />A SHE SAID THAT HE CAME ACROSS AS A GUY WHO WAS
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<br />BELIEVE, TO ACQUIRE A SITE THAT WAS AN OLD WAREHOUSE,
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<br />SELLING SOMETHING, NOT PROVIDING A BENEFIT, NOT LAYING
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<br />THAT DEAL SEAN HAD BROUGHT TO ME, I NEVER HAD BEARD OF
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<br />OUT A FRAMEWORK TO A POTENTIAL INVESTOR WHY THEY SHOULD
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<br />AND WE TAKE A LOOK AT IT AND SEEMED TO MAKE SENSE BUT IT
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<br />DO IT. SHE THOUGHT HE OVERSOLD. SHE THOUGHT THAT IT
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<br />WAS ONE OF THOSE DEALS THAT I DON'T KNOW THE TEXAS
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<br />WAS RIDICULOUS THAT I DIDN'T SEE THROUGH HIS POLISHED
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<br />MARKET. AND THEN I THINK THERE WAS ANOTHER DEAL THAI
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<br />NATURE, THAT PEOPLE WOULDN'T TAKE, TAKE TO HIS
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<br />WAS BANK OWNED THAT LOOKED KIND OF INTERESTING.
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<br />TECHNIQUES AND SHE WAS KIND OF AN I TOLD YOU SO MEETING
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<br />THESE WERE ALL KIND OF JUST THROW IT AGAINST
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<br />BECAUSE SHE HAD WARNED 14E ABOUT THIS FOR SOME TIME, WAS
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<br />THE WALL, SEE IF IT STICKS KIND OF THINGS, AND THIS TIME
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<br />VERY MUCH AGAINST ME GIVING HIM MONEY FROM THE INCEPTION
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<br />VARIED BETWEEN OCTOBER AND DECEMBER.
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<br />AND FELT I DIDN'T NEED, I DIDN'T NEED TO GIVE THIS KID A
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<br />Q WHAT ➢O YOU MEAN IT WAS "THROW IT AGAINST THE
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<br />CHANCE TO SUCCEED.
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<br />WALL, SEE IF IT STICKS KIND OF THING"?
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<br />Q DID SHE SAY ANYTHING ELSE?
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<br />A YOU DON'T SPEND TIRE OR MONEY REALLY DOING
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<br />A NOT THAT I RECALL,
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<br />SERIOUS DUE DILIGENCE. YOU JUST TAKE A CURSORY LOOK AT
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<br />Q OTHER THAN WHAT YOU'VE TESTIFIED ABOUT, DO YOU
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<br />THESE THINGS AND THEN IF YOU START TO GET AN INTEREST IN
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<br />RECALL EITHER YOUR BROTHER OR RACHEL HAVING SAID
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<br />THE SELLER THEN YOU START TO TAKE THESE THINGS MORE
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<br />ANYTHING ELSE ABOUT MR. DALESANDRO DURING THE MEETING AT
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<br />SERIOUSLY.
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<br />YOUR BROTHER'S HOUSE TEN MONTHS AGO?
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<br />I HAVE BROKERS WHO WILL MAKE OFFERS ON MY
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<br />A IT WAS DISCUSSED THAT THE AUDACITY SOMEBODY
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<br />BEHALF ALL THE TIME, DONE IT FOR YEARS. THEY'LL CALL
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<br />WOULD HAVE TO FILE A SUIT WHEN THEY FAILED SO MISERABLY,
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<br />ME. MAYBE I'M OUT OF THE CITY, MAYBE I'M SOMEWHERE
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<br />MADE MISREPRESENTATIONS, AND MY BROTHER WORKS DOWN AT
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<br />ELSE, THEY'Ll SAY "YOU'VE GOT TO DO THIS RIGHT AWAY."
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<br />THE COURT, THE CENTRAL COURT AND HE SAID IT'S JUST PART
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<br />I'LL SAY "GO AHEAD, MAKE AN OFFER ON MY
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<br />OF THE SYSTEM, IT'S THE WAY IT WORKS. YOU GOT A YOUNG
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<br />BEHALF."
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<br />ATTORNEY AND YOU GOT, YOU HAVE $300 YOU CAN FILE A
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<br />IT'S NOT A BINDING OFFER, Y09 DON'T REALLY
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<br />LAWSUIT.
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<br />UNDERSTAND THE MECHANICS OF THE DEAL, THE MATRIX OF THE
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<br />Q DID YOU DISCUSS ANYTHING ELSE?
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<br />DEAL, BUT YOU FIGURE EVERY ONCE IN A WHILE BY BEING
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<br />A NOT THAT I RECALL.
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<br />PROACTIVE YOU'LL GET SOMETHING GOOD AND SO YOU SEND
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<br />Q DID YOU TAKE ANY NOTES DURING THE MEETING?
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<br />THOSE THINGS OUT SOMETIMES.
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<br />A NOT THAT I RECALL,
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<br />Q SO DID YOU AUTHORIZE MR. DALESANDRO TO MAKE
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<br />Q DID YOU OBSERVE ANYONE ELSE TAKE NOTES DURING
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<br />OFFERS ON YOUR BEHALF?
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<br />THE MEETING?
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<br />A ON A FEW DEALS, YES.
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<br />A NO.
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<br />Q H04 MANY?
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<br />Q I BELIEVE EARLIER YOU TESTIFIED THAI
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<br />A A FEW IS TWO, AS MANY AS FOUR OR FIVE.
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<br />MR. DALESANDRO DURING 2010 WAS BRINGING A VARIETY OF
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<br />Q SO ON TWO TO FIVE DEALS YOU AUTHORIZED, DURING
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<br />DEALS TO YOU; IS THAT RIGHT?
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<br />THE OCTOBER THROUGH DECEMBER, 2010 TIMEFRAME, YOU
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<br />A IT WAS THE VERY END OF 2010 AROUND THE TIME HE
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<br />AUTHORIZED MR. DALESANDRO TO MAKE OFFERS ON YOUR BEHALF;
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<br />Dalesandro vs. Ogulnick
<br />Deposition of Ryan Andrew Ogulnick, Vol. 1
<br />August 13, 2012
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