-174-
TMT Carlco BWK
Capital Income/Loss Capital Income/Loss Capital Income/Loss
1984 $41,400 ($119,117) 1$41,400 ($119,117) $9,200 ($26,470)
1985 36,000 (100,147) 36,000 (100,147) 8,000 (22,255)
1986 –- ( 74,101) -– 74,102) -- (16,468)
1987 11,137 (121,462) 11,135 (120,817) 2,475 (26,998)
Total 88,537 (414,827) 88,535 (414,183) 19,675 (92,191)
1 The record includes a letter from Meyers to Lisle, dated Oct. 16,
1984, informing him that TACI applied $40,690 representing Carlco’s share of
an installment payment that IRA received from PMS to partially offset $41,400
that Carlco owed to Sherwood Partnership. Exh. 2073.
Exh. 93, at 4; Exh. 94, at 5; Exh. 96, at 4 (TMT); Exh. 69, at
2, 7; Exh. 70, at 4; Exh. 72, at 4 (Carlco); Exh. 114, at 5; Exh.
115, at 4; Exh. 117, at 2 (BWK).
In 1986, Sherwood changed its name to Forest Activity.
Exhs. 9013-9015.
b. Transfer of Funds Paid by The Five During 1984 Through
1989 to Carlco, TMT, and BWK
During 1984 through 1989, the moneys paid by The Five to
IRA, other Kanter-related entities, and/or Carlco, TMT, and BWK
totaled approximately $4.6 million.
(i). Hyatt Corp.
As previously discussed, payments under the Hyatt/KWJ
agreement (after Weaver’s 30-percent share) were distributed to
Carlco, TMT, and BWK in a 45/45/10 percent split through KWJ
Partnership.
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