Morgan Joseph TriArtisan LLC has been hired by Church Street Health Management to oversee the sale of assets it claims to not own-referred to herein as “mystery assets”- remember, CSHM has always maintained it is simply a management company hired by independently owned Small Smiles dental centers to “manage” the day to day operations. LIE LIE LIE
In the Affidavit of Martin McGahan, he lied like a dog on page 2. The dental centers are NOT owned by individual dentists and CSHM has admitted as much.
CSHM will pay Morgan Joseph-referred to as “Investment Banker”-$75,000 a month, plus expenses, to provide financial advice, assist in capital raising, and/or the sale, of CSHM’s “mystery assets”. This should be fun to watch!
I’m thinking that is far from a fair fee; David Copperfield demands much more to perform magic tricks.
I believe the last company to assisted in the sale of this illegal operation (the DeRose’s sale to Arcaptia and the Nashville crooks) failed to do their due diligence.
Here is an excerpt from the Retention Agreement between CSHM and Morgan Joseph- (link to the full agreement at the end)
[FYI-employees weren’t told until this morning. But told there was nothing to worry about, money would be coming soon. LMAO! ]