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2007-02-02 TKOOB
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2007-02-02 TKOOB
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and those are not people that we’re interested in dealing with.My understanding is that there are <br />approximately 300 interested people that have prior relationships with Kalani Honua that would <br />like an opportunity to become part of the company, to live there, part or full time, to provide <br />lodging for guests of Kalani Honua, to take a maintenance and caretaker and stewardship role in <br />this community to teach educational, wellness and cultural activities that perpetuate the goals of <br />Kalani Honua. Mr. Koob, correct me if I’m wrong, but that’s as I understand the number. <br />Mr. Squassoni is here because he is somebody that has put his money down; and his perspective <br />I think will tell a lot as to what someone who puts their money down expects both in terms of <br />benefits and burdens. And I think that I would suggest that it would be a good time to hear from <br />him; and then I can try and answer any more questions that may arise; or we can continue with <br />this discussion, if that’s okay with you, Mr. Chairman. <br />GRAHAM: Yes, certainly, that’s okay. <br />SQUASSONI: Thank you. I was smiling as you were discussing the fact that lawyers <br />would disagree on whether or not it’s a good investment. I spoke to two, one of whom is a friend <br />of long-standing who is very conservative and she wouldn’t even talk to me about it. She <br />recommended someone else who thought it was a very, very cool idea. This is not an investment <br />in property. I mean that’s very clear. I mean, you know, I read the documents. I am investing in <br />Kalani because I believe in Kalani. The community not only offers a very rich communal <br />experience but thousands of people come through there every year. I mean I’m a certified <br />massage therapist. I am a yoga instructor. I am a project manager and a facilitator. And I had <br />been, as I was winding up a computer career in Washington, D. C. I was looking for some place <br />to be able to use all my skills in a community. And when I visited Kalani and found out about <br />Kalani Kai, I thought this was perfect. I would dearly hope that at some point in the future if I <br />ended my relationship with Kalani Kai I might get my money back, but that’s not the point to <br />this. I would happily loose part of my investment or all of my investment for what I’m getting <br />back over the years in terms of relating with people. I don’t know how much more I can say. <br />You know, it’s very clear, and we make it very clear. When I talk to people about Kalani Kai, I <br />make it very clear that this is not like buying a piece of land and building a house and then being <br />able to sell it later, that this is becoming part of a community, and this is healthy to make this <br />part of the community more stable, more sustainable, and it is about stewardship. It is about <br />living on a piece of 94 acres and keeping part of it jungle, of preserving the native plants, of <br />having orchards and having fruit orchards and stewardship. That’s what people come to Hawaii <br />for, is to become a part of what is here, not just to plunk down in someone’s space. <br />GRAHAM: Thank you. <br />STRAUSS: I wanted to follow-up on one point Mr. Squassoni made, and that has to do <br />with the burdens that are being taken on and committed to. It’s not just that he is a massage <br />therapist and yoga teacher but as part of this arrangement, as part of his commitment, as part of <br />his membership, he uses those skills for the benefit of the people that are visiting Kalani Honua. <br />Mr. Yuen, you know, expressed concern that people are buying a piece of land or buying a piece <br />of property. I represent an owner of the Pacific Building downtown, that’s where Bear’s Coffee <br />is, he’s from India. The Catholoic Church owns that land. He has no interest in the land by <br /> EXHIBIT C 8 <br /> <br />
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