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‘Mystery company’ buys $1B worth of land near US Air Force base
Posted on 7/25/23 at 1:10 pm
Posted on 7/25/23 at 1:10 pm
quote:
A mysterious company has bought up nearly $1 billion worth of land near a major air force base in California — prompting concern that a foreign entity could be using the investment to harm US national security.
Flannery Associates, a limited liability company that is registered in Delaware, has purchased around 52,000 acres of mostly farmland near Travis Air Force Base in Solano County, which lies about 60 miles northeast of San Francisco.
The firm, which in five years has become the largest landowner in the county, is now the subject of an inquiry by the federal government, according to The Wall Street Journal.
The eyebrow-raising purchases follow fears expressed by lawmakers last year after a Chinese company bought 300 acres of farmland near a US Air Force base in Grand Forks, ND, which hosts sensitive drone technology.
The buying spree by Flannery has led the Agriculture Department to request information on the company’s ownership structure, according to the Journal.A lawyer for Flannery told the Journal the company is controlled by US nationals and that 97% of its invested capital is from American investors while the rest is from British and Irish sources.
Last month, company sent a formal response letter to the Agriculture Department, which was provided to The Post by Flannery lawyer Richard Melnyk.
“No foreign person…or group of foreign persons holds any significant interest or substantial control…over Flannery, either now or at the time of any land purchase made by Flannery,” according to the letter, dated June 21.
The Journal reported that at least 20 parcels of land that was bought up by Flannery Associates surround the California base, which is home to the largest wing of the Air Force’s Air Mobility Command, which provides aircraft that is used to refuel other planes.
The Air Force’s Foreign Investment Risk Review Office, which has been investigating the purchases by Flannery for months, has not been able to determine who is behind the company, according to the Journal.
“Any speculation that Flannery’s purchases are motivated by the proximity to Travis Air Force Base” is unfounded, the attorney told the Journal.
LINK
This post was edited on 7/25/23 at 1:11 pm
Posted on 7/25/23 at 1:12 pm to John88
quote:
A mysterious company has bought up nearly $1 billion worth of land near a major air force base in California
Soros - creating liberal Utopia, California. Everything for leftists is free. Conservatives will work and pay for it for you.
Posted on 7/25/23 at 1:12 pm to John88
Was it Tupac International?
I bet it was.
I bet it was.
Posted on 7/25/23 at 1:12 pm to John88
Yep...all the shady shite is from Delaware-registered companies. They don't have to disclose any officers names and usually list a registered agent service instead of a person as well.
Posted on 7/25/23 at 1:16 pm to The Mick
quote:
Yep...all the shady shite is from Delaware-registered companies.
Probably China to Biden
Posted on 7/25/23 at 1:16 pm to The Mick
quote:
Yep...all the shady shite is from Delaware-registered companies.
No shite, so is our president.
Posted on 7/25/23 at 1:18 pm to The Mick
quote:
.all the shady shite is from Delaware-registered companies.
read up on incorporating in Delaware
Posted on 7/25/23 at 1:19 pm to John88
China knows we are weak and more than half of the retards in DC are ok with this. Would China let anyone buy land outside of their bases in China?
Posted on 7/25/23 at 1:19 pm to The Mick
quote:
Yep...all the shady shite is from Delaware-registered companies. They don't have to disclose any officers names and usually list a registered agent service instead of a person as well.
Dollars &
Euros
Laundered
And
Washed
At
Reasonable
Expense
Posted on 7/25/23 at 1:21 pm to 777Tiger
quote:
read up on incorporating in Delaware
Right! Very business friendly state laws. It's why most corporations register there
Posted on 7/25/23 at 1:21 pm to The Mick
quote:
Yep...all the shady shite is from Delaware-registered companies. They don't have to disclose any officers names and usually list a registered agent service instead of a person as well.
Pretty sure you can request the information for $20 through the SoS.
I have a Delaware LLC and UNITED STATES CORPORATION AGENTS, INC. is the name of the bullshite company they put on the free search but you can pay to get my actual information.
Its a good state for business
Posted on 7/25/23 at 1:22 pm to John88
quote:
Flannery Associates, a limited liability company that is registered in Delaware, has purchased around 52,000 acres of mostly farmland near Travis Air Force Base in Solano County, which lies about 60 miles northeast of San Francisco.
Irish getting out of booze and into weed?
Posted on 7/25/23 at 1:30 pm to Jones
quote:
Pretty sure you can request the information for $20 through the SoS.
I have a Delaware LLC and UNITED STATES CORPORATION AGENTS, INC. is the name of the bullshite company they put on the free search but you can pay to get my actual information.
Its a good state for business
Is that shady business stuff how you and LL can afford that fancy big house in a nice neighborhood?
Posted on 7/25/23 at 1:30 pm to lsufan1971
YouKrane, LLC made the purchase. it was cheap considering they've gotten hundreds of billions from the US for nothing.
Posted on 7/25/23 at 1:32 pm to John88
I'll start a "China is My New Overlord, AMA" thread when the invasion comes
Posted on 7/25/23 at 1:40 pm to John88
What bothers me about this 52,000 acres near Travis AFB and the 140,000 acres near Laughlin AFB sold off to the Chinese is We bitch and moan about the nefarious plans the Chinese are cooking up and we bash whoever is sitting in Washington at the time for "letting" them buy it, but nobody wants to address the God fearing, apple pie eating, flag waving, 'MERICANS who are selling the land near our bases to them!
Just good people trying to make a $ right?
Just good people trying to make a $ right?
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