Estate of Burton W. Kanter, Deceased, Joshua S. Kanter, Executor, and Naomi R. Kanter, et al. - Page 388

                                                -443-                                                   
                                             APPENDIX 6                                                 
                 During 1985 to 1989, IRA transferred the payments that it                              
           received from PMS to Carlco, TMT, and BWK in a 45/45/10 percent                              
           split as follows:                                                                            
                 Payments    IRA Cash Distributions                                                     
                 Date     From PMS    Carlco      TMT    BWK      Total   Exhibit                       
                 1-9-85     90,423       --         --     --       --      320                         
                 4-3-85     90,423       --         --     --       --      323                         
                 7-1-85     90,423       --         --     --       --      325                         
                 10-2-85     90,423       --         --     --       --      327                        
                 Total    361,692   $162,000  $162,000 $36,000  $360,000   32, at 15-16                 
                 1-7-86     90,423       --         --     --       --      329                         
                 5-15-86     90,423       --         --     --       --      330                        
                 7-2-86     90,423       --         --     --       --      332                         
                 9-30-86     90,423       --         --     --       --      334                        
           Total    361,692   $162,370  $162,370 $36,082  $360,822   33, at 12                          
                 1-12-87     90,423   --         --     --       --      335                            
                 5-1-87     90,423       --         --     --       --      336                         
                 7-2-87     90,423       --         --     --       --      337                         
           10-14-87     90,423       --         --     --       --      338                             
           Total    361,692   $192,313  $192,313 $36,169  $420,795   9000, at 11                        
                 34, at 7-8                                                                             
                 1-22-88     90,423       --         --     --       --      339                        
                 4-27-88     90,423       --         --     --       --      340                        
                 7-18-88     90,423       --         --     --       --      341                        
           10-24-88     90,423       --         --     --       --      342                             
           361,692   $162,760  $162,760 $36,169  $316,691   35, at 7                                    
                 1-9-89      90,423       –         --     --       --     343                          
                 1750,000  –         --     --       --                                                 
                 840,423   $378,190  $378,190 $84,042  $840,422   36, at 8                              
                 Total  2,287,191                              2,298,730                                

           1  This $750,000 payment was remitted by PMS to PSAC per Kanter’s                            
           instructions.  Nevertheless, PSAC transferred this money to IRA for                          
           distribution to Carlco, TMT, and BWK in a 45/45/10 split.                                    














Page:  Previous  433  434  435  436  437  438  439  440  441  442  443  444  445  446  447  448  449  450  451  452  Next

Last modified: May 25, 2011