Show Me the Money, Matthew (Part II)
According to Athena Assets, all of your wife’s back rent at 160 Ayer Road for the Apothecary (a minimum of $60k) was paid in a lump sum by a Boston law firm, Lawson & Weitzen, several months before MR3 bought the property.
In those intervening months, Athena Assets received the Apothecary’s monthly rent promptly on the 1st by wire transfer from that same law firm, Lawson & Weitzen.
The sale of 160 Ayer Road, Suites 1-4 to MR3 was recorded by deed on November 1, 2022 at the Middlesex Registry of Deeds. There was no mortgage recorded alongside the deed, which means MR3 paid cash ($1.5m) to buy 160 Ayer Road, Suites 1-4.
Fast-forward 50ish weeks:
When I visited MRM on October 16, 2023, Miten was clear about three things:
all MRM needed to start manufacturing edibles was permission, i.e., its Final License from the Cannabis Control Commission,
the Apothecary’s rent has been paid in full and on time by wire transfer from Lawson & Weitzen, and
your wife sold for $2,000.000.00
Skip ahead another couple of weeks to November 3, 2023, when Attorney Glenn P. Frank from Lawson & Weitzen, on behalf of his client Masood Shaikh, wrote this in a letter to our town’s Planning Board with the subject line: Good Cause to Extend Special Permit for 160 Ayer Road, Littleton, Massachusetts:
Masood Shaikh, who has significant connections to the Littleton community, has become involved as the principal with respect to this potential dispensary. Mr. Shaikh has experience in the field, more than adequate financial resources to develop this property . . . Everyone involved in the Littleton Apothecary is anxious now to press forward. A revised application for Change of Control is being prepared and submitted to the CCC to obtain authorization for Mr. Shaikh’s involvement
For what it’s worth, Masood’s attorney seems to assert that Masood might have some sort of “standing” before the Planning Board on your wife’s special permit. Of note, your wife did not appear at the November 16, 2023 Planning Board meeting to ask for an extension of her special permit. Instead, Masood (through his Lawson & Weitzen lawyer) was the one asking the Planning Board for an extension of your wife’s special permit.
Hmm . . . makes you wonder.
Well, not “you,” Matthew, because I’m fairly certain you full well know why Masood might feel entitled to assert such standing, but I’m going to run through it for people reading at home (and at town hall).
First, let me remind you, Matthew, that as per the 2022 and 2023 Annual Reports for MRM, both filed by Masood Shaikh, MATEL and KRISHA are named as the two managers of MRM. In both of these Annual Reports, Martin J. Murphy, Esq. is named as the Resident Agent for MRM.
As per the 2023 Annual Report for MR3, filed by MR3’s Resident Agent Martin J. Murphy, MATEL and KRISHA are named as the two managers for MR3.
MRM and MR3 are the same four people.
Just 16 days ago, on November 27, 2023, MR3, an entity that in practical terms consists of four people (Rina Malhotra and Rekha Patel from MATEL, whose signatures were notarized by a New York notary; and Steve Krikorian and Masood Shaikh, whose signatures were notarized by Martin J, Murphy, Esq., who is the Resident Agent for MR3, MRM, MATEL and KRISHA) took out a mortgage on 160 Ayer Road, Suites 1-4.
For $1,100,000.00.
My best guess on how that $1.1m was divided:
$100,000.00 for MRM to buy the ingredients for the edibles MRM will make once that Final License is received by the CCC. (You’ll remember that Miten said that MRM was fully built out with millions of dollars worth of machinery and just waiting on the CCC.)
and
$1,000,000.00 more for your wife.
This would mean that when your son was overheard saying (in late 2021) that your wife sold the Apothecary for a million dollars, he was right when he said it.
This would also mean that when Miten told me your wife sold for $2,000,000.00, he, too, was right.
Your wife, in the only public comment I’m aware she’s made (last week on FB) relative to my writings about cannabis in Littleton, said this:
“the stuff she’s be [sic] alleging is highly speculative and, as far as I can tell, false. She doesn’t know what she’s talking about so she’s making stuff up.”
Bold, considering that on the same day MR3 got that $1.1m from Main Street Bank, your wife signed an “Agreement” relative to the Apothecary’s lease of Suite 4 at 160 Ayer Road vis a vis MR3’s $1.1m mortgage. This Agreement was recorded, by reference to 160 Ayer Road, Suite 4, at the Middlesex Registry of Deeds and involves four entities: the Apothecary, MR3, Main Street Bank, and MATEL.
While it might seem to your wife that I’m “making stuff up,” what I’m actually doing is sharing with Littleton what I’ve learned from the HCA records held by Littleton, the corporate records held with the Secretary of the Commonwealth, and the land records held at the Middlesex Registry of Deeds. I’ve also spoken to people in our shared community about these matters.
Truth be told, Matthew, you just can’t make this stuff up.
TTYS,
Jkb