Election Fraud Lies: ChiComs Under the Dominion Bed

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The Lime

Chinese Ownership of Dominion Voting Systems Exposed

An uncovered filing from the Securities and Exchange Commission (SEC) exposes Dominion Voting Systems’ troubling financial entanglements with Chinese Investors. The SEC Filing is signed in October of this year by Hootan Yaghoobzadeh who represents the Issuer Staple Street Capital. This private equity firm has been the owner of Dominion Voting Systems since 2018 meaning the 2020 acquisition puts US election systems under Chinese ownership. The SEC filing details the sale of Staple Street Capital to UBS Securities LLC, which is a Chinese Investment Bank.

This $400 million dollar deal is a devastating blow to political factions relying on public trust in Dominion Voting Systems and its results. After four years of hounding on Russian meddling in the 2016 election interference, this exposure of factual Chinese engagement with US voting systems breaks credibility of an entire political party. Financial records are factual evidence that cannot easily be explained away. The filing serves as validation to those questioning the 2020 US Presidential results which have already been under widespread suspicion.

An executive order was signed by President Trump on November 12th that addresses the threat of Chinese Communist Party malicious cyber-enabled actions against the United States and its people. The order focuses on financial investments made by the Chinese military to make inroads against US interests.

Source: Repub.Li, Dec 1, 2020

The Rebuttal

The filing serves as validation to those questioning the 2020 US Presidential results which have already been under widespread suspicion.

Ah, not exactly. The entire article is based on a faulty premise.

The claim is that Dominion Voting Systems was bought by a Chinese firm. The evidence is an SEC filing from October 2020. (Full filing here.)

The claim is false. Dominion is owned by a private equity fund, and the filing is a notice of a restricted securities offering. In other words, they're raising money, not selling the company. And the money is likely to raise capital to invest in other companies, with nothing to do directly with Dominion.

[EdG note: Whether or not private equity firms should own voting software companies is another matter. See this letter for the opinion of Senators Warren, Klobuchar, Wyden, and Pocan last December.]

Specifics of Debunkment

Item 10 of the SEC filing shows that no company is being sold. The answer to the merger, acquisition or exchange question is No.

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More damning for the overhyped ChiCom claim is that UBS Securities is the broker, not a purchaser. They are merely getting paid a commission (Sales Compensation) for handling the fund raising.

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Granted, UBS Securities is a Chinese firm and likely shouldn't have been chosen in today's anti-China environment. But they are NOT buying Dominion or the equity firm that owns it.

Background Info

What Are Restricted Securities?

Restricted securities are securities acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company. Rule 144(a)(3) identifies what sales produce restricted securities.

Source: SEC.gov - Rule 144: Selling Restricted and Control Securities

About Staple Street Capital.

Staple Street Capital is a private equity firm that invests in middle market businesses where we can partner with motivated and proven management teams to create value.

We invest in companies that are seeking to pursue untapped market opportunities, enter or exit markets, make acquisitions, reposition certain business lines and/or implement other strategic or operational changes that will lead to greater profitability and long-term growth.

Typical transaction types include: management-led buyouts, corporate divestitures, acquisitions of family-owned businesses, public-to-privates, operational or financial restructurings and recapitalizations. We typically target companies with $50-$500 million of revenues, where we can invest up to $55 million per deal from our fund ($75+ million with our active L.P. co-investment program).

Companies owned by or invested in by Staple Street Capital:

  • Aaroma Holdings
  • ABC Group
  • Cyberlink
  • Dominion Voting Systems
  • Eastern Dental Management
  • Ironline Compression
  • Ivy Technology
  • Larkspur Storage
  • Mid-States Supply Company
  • Precise Metal Products
  • Six Flags Entertainment Corporation

Other Election Fraud Lies Essays

Election Fraud Lies: The Full List of Essays

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Comments

Next it'll be Iran and Cuba and the Vatican.
Whoa is us!

And yet, neither party is pushing for any election reforms. Curious.

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edg's picture

@gjohnsit

Hugo Chavez is manipulating our elections from beyond the grave.

Dancing Skeletons.gif

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enhydra lutris's picture

of Carlyle and Cerebus.

be well and have a good one

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10 users have voted.

That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

edg's picture

@enhydra lutris

Capitalists are doing capitalist things!! The horror!!

Seriously, though, what's the deal with tarring people that worked for Carlyle and Cerberus? I've read the Wikipedia entries on both companies and don't see anything super objectionable. They're less evil than hedge funds and vulture capitalists. In the pantheon of American corporations, they're better than some and worse than others.

As for Staple Street Capital, their links to the evil Carlyle / Cerberus cabal isn't doing anything to save them from Trump's attacks. My gut feeling is that they're going to have to kiss this $400 million offering goodbye due to the bad publicity surrounding Dominion.

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Much better than the subliminal messages in puppy farm ads theory or Rudy and the Log Lady (I wonder if they cover "Muskrat Love"?)

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On to Biden since 1973

edg's picture

@doh1304

I do tend to laugh at people that don't know the difference between a sales commission and the purchase of a company.

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Especially when it’s so much easier and cheaper for them to just buy politicians outright like any American (with enough cash) can.

Don’t get me wrong: this seems like the kind of plot China’s politicians, who think westerners are all basically dumb animals, could envision working. But it’s not efficient or cheap to rig elections this way and they don’t need to.

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edg's picture

@BayAreaLefty

It's cheaper to buy a president and majority of Congress than it is to rig elections in multiple states.

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Dawn's Meta's picture

you so much. Some of the information is for me dense. But I'd much rather have it at my fingertips than not know.

This to me is good journalism. It deserves a wide audience.

Thanks again.

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A society grows great when old men plant trees in whose shade they know they shall never sit. Allegedly Greek, but more possibly fairly modern quote.

Consider helping by donating using the button in the upper left hand corner. Thank you.

edg's picture

@Dawn's Meta

You can PM me if you have questions about any of the content.

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Dawn's Meta's picture

@edg

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A society grows great when old men plant trees in whose shade they know they shall never sit. Allegedly Greek, but more possibly fairly modern quote.

Consider helping by donating using the button in the upper left hand corner. Thank you.

One aspect of believing Russian and Chinese election interference is that to do what they claimed by the conspiracists, they both must know more about the American people and electoral systems than the best experts who were born and trained in the States. Finally I think it was an NBC TV prompter who asked Podesta how come the Russians knew the Midwest was in play and you didn't. Interview ended immediately.

I have a running joke which is that the democrats should hire Putin to run their campaigns as unlike them, Putin knows how to win an American election.

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@MrWebster
beats several billion dollars his opponent spends.

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edg's picture

@Marie

I'd like to hire his team. I used to spend over $100K per year advertising my online store and never got enough business to make the ad cost worthwhile. Maybe Putin can deliver multi-millions in sales for just a $200K one-time investment.

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5 users have voted.
Dawn's Meta's picture

countries' elections with the aid of "allies" as well. We have our fingers in many pies. Heaven forefend that a democratically elected "socialist" achieve leader status in another country.

We should have a comprehensive list of all the ways we have bullied, killed, hacked and paid off people in other countries to determine that a neo lib gets the top seat.

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A society grows great when old men plant trees in whose shade they know they shall never sit. Allegedly Greek, but more possibly fairly modern quote.

Consider helping by donating using the button in the upper left hand corner. Thank you.

edg's picture

@Dawn's Meta

There was a book about US election meddling released in September. Here's an interview with the author.

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