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  1. This blog provides long overdue information and documentation regarding 446 Stanwood. The 2005 quit claim to Droopy Corp was unannounced. The 2005 $90,000 loan went unannounced. The 2006 renovation went unannounced. Also unannounced was that in 2007, individuals associated with Phi Sigma Kappa Properties became officers and directors of Droopy Corp. Finally, the 2010 sale to Main Street Properties went unannounced.

    What was announced? In 2007, Phi Sigma Kappa Properties announced that it had acquired the Chi Tetarton house at WMU. In 2010, PSKP announced that they intended to sell their property on Stanwood, and that the sales price likely would not cover their basis in the property.

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Where Were Cardinal Principles When We Needed Them?

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