Lease Police Tips on Judging Vendors
By Bernie Boettigheimer, CLFP

One problem that has always perplexed me was the industry’s inability to judge equipment vendors and avoid the "bad apple" vendor before the losses got out of control. They all used all the same data sources with no noticeable effect: Dun & Bradstreet, Lexis-Nexus, Equifax, etc. These data sources filled up page after page with useless information (I might add at great expense) but the truth of the matter was that these reports just do not have the focus and introspection to help them judge a vendor in a leasing transaction.

These existing data services, however, were designed to aid in granting open credit account terms - not for finding vendors who were incompetent or even fraudulent. They show no sign posts of unsatisfactory early terminations or unusual activity reported by another financial source. And yet, they continue to ignore that a satisfactory vendor is one that sells a good product, with no side representations and who handles service complaints fairly.

After I retired from Pioneer Leasing in April 2006, it dawned on me that the Leasing Industry needed its own vendor information product and thus LeasePolicePlus.Com was born.

These are standard recommendations that we conduct at Leasing Police:
• Verify the phone number (does a stable vendor operates from a cell phone?)
• Verify the physical address (so many vendors operate from a residence)
• Search and examine the vendor’s web site (over 98% have one)
• Search Credit.Net files for time in their files, SIC code and number of employees
• Cross-check our files for Vendor Unusual Activities
• Check our files for reports of Lessee Unsatisfactory Early Terminations
• Verify the correct business name, date and state of formation and its active status.

In addition, we have a history of brokers, vendors, and both the good guys and the crooks. We can pull from our Data Base or receive a new report usually in 3-4 business hours.

Today hacked information, copied websites (check when created and who is the owner) as well as activities such as submitting altered financial statements, hiding prior bankruptcies, hiding ownership, false references, misrepresenting used equipment as new, falsifying actual date of sale or delivery, equipment being sent to other locations without disclosure, concealing large judgments or liens, and leasing the same collateral twice. Using LeasePoliceplus.com, detecting these transactions is easy.

If we are entering tougher times, not only will brokers, but vendors, too, become desperate enough to lie and cheat.  If there becomes a crying need for the small and medium sized business for addition capital and all they need is the availability of funds and a better political comfort level. My business sense tells me to be more on alert and attract the good business, not the problems.

https://www.LeasePolicePlus.com/infosite/product.html
Bernie Boettigheimer CLFP
President
Lease PolicePlus, Inc.
24 Glenmeadow Pl.
Dallas, Texas 75225
www.leasepoliceplus.com
214-549-3426  

 

[headlines]
--------------------------------------------------------------

New Hires/Promotions in the Leasing Business
and Related Industries

 

John Crum was promoted to lead the Wells Fargo Equipment Finance Commercial Vehicle Group ("A top provider of loan and lease financing options to the commercial vehicle industry, which includes trucks, semi-trailers, specialty vehicles, buses and motor coaches, as well as dealer finance programs.") He is located in Pittsburgh, Pennsylvania. He joined the firm June, 2006, National Sales Manager, Construction Group, named National Sales Manager, Commercial Vehicle Group, July, 2019).  Previously, he was Senior Vice President, Orix (2002 - 2008); Vice President, Associates Commercial Corporation (1990 - 2000).Education: California State University, Chico. https://www.linkedin.com/in/john-crum-8937aa39/

Darlene Davis was hired as Managing Director, SMBC Leasing and Finance, Inc. She is based in New York City. SMBC Leasing and Finance has been in the leasing and asset finance business for more than 25 years and has offices in New York, London and Sydney. Previously, she was Shareholder, Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C. (January, 2017 - September, 2019). She joined Ober/Kalen as an Attorney, 1992; promoted January, 2007, Co-Chair, Finance Group; promoted March, 2015, President and Chief Operating Officer. Prior, she was Associate, Frank Bernstein, Conway, and Goldman (May, 1985 - June, 1992). Education: University of Maryland, Francis King Carey School of Law.  J.D., Law (1982 - 1986).  Activities and Societies: Moot Court Board, order of the Coif.  University of Maryland, B.A., Arts-Law Combined Degree Program (1979 - 1982). Activities and Societies: President, Pi Sigma Alpha.  Summa Cum Laude. https://www.linkedin.com/mynetwork/invite-sent/darlene-davis-1575b510/?isSendInvite=true

Scott Dienes was promoted to National Sales Manager, Wells Fargo.  "(He is to lead)...the Specialty Industries Verticals, one of six WFEF lines of business that provides customized financing to the food and agriculture, marine, automotive, and aerospace industries. He also oversees the Technology Finance platform." He is located in Chicago, Illinois.  He joined Wells Fargo, May, 2012, as Senior Vice President, Region Sales Leader. Previously, he was at GE Capital, starting November, 1999 as Associate Sales Representative; promoted, October, 2000, Vice President and Senior Account Manager; promoted August, 2005, Senior Vice President, Region Sales Manager. Prior, he was Sales/Marketing/Portfolio Manager, Associates Commercial Corporation (August, 1996 - November, 1999).  Education: University of Colorado at Boulder, Leeds School of Business. BS. Business Administration. Finance (1996). https://www.linkedin.com/in/scott-dienes-4b0b5633/

Irene Eddy was hired as Senior Vice President, Capital Markets, Accord Finance Corp., Toronto, Canada. She is based in the New York Office.  Previously, she was Senior Vice President, DBRS (July, 2016 – September, 2019). She began her career at GE Capital, starting 2000 as Vice President, Capital Markets, E-Business; promoted 2002, Senior Vice President, Capital Markets. Volunteer: Board Member, Kids Helping Kid, Inc.  Board Member, The Long Ridge School.  Licenses and Certifications:  Certified Public Accountant. Series 7 & 63. Financing Industry Regulatory Authority (FINRA).  Education: Fordham University School of Law. JD. Law.  University of Hardford, BS, Business. https://www.linkedin.com/mynetwork/invite-sent/ireneeddy/?isSendInvite=true

Jim Heron was promoted to head the Construction Industry Group, Wells Fargo. " (He will serve)...construction equipment end users, dealers, and manufacturers by providing a range of tailored financing and leasing solutions. Heron oversees a team of nationwide construction financing experts that provides local support and connects customers with the right products to help meet their needs."  He is located in Minneapolis, Minnesota.  He joined Wells Fargo, 2012, as SVP, Head of Wells Fargo Middle Market Vendor Financial Services.  Education: University of St. Thomas.  https://www.linkedin.com/in/jim-heron-1a5a346/

Patrick Hilton was promoted to Territory Sales Manager, Deutsche Leasing Group, Chicago, Illinois.  He joined the firm October, 2015 as New Business Support.  Previously, he was Branch Banker, BB&T (June, 2015 - October, 2015). Education: Florida Gulf Coast University.  Master of Business Administration (M.B.A), Finance. (2013 -2015). Lyndon State College. Bachelor of Science (B.S)., Business Administration and Management, General (2009 - 2013). Activities and Societies: Men's Varsity Baseball. Men's Varsity Soccer. Lyndon State College: Bachelor of Arts (B.A), Journalism. (2009 - 2013). Activities and Societies: Men's Varsity Baseball.  Men's Varsity Soccer. https://www.linkedin.com/in/patrick-hilton-85030712b

Roy Joyce was hired as Vice President, Marketing and Partnership, TimePayment, Burlington, Massachusetts. Previously, he was Strategic Advisor (Sales), Energy Earth (October, 2018 - Present); Vice President, Strategy, Direct Capital, a Division of CIT Bank N.A. (April, 2015 - September, 2018); Vice President, Strategic Development, Universal Wide (2014 - 2015); Senior Vice President, Affinity Solutions (2012 - 2014); Director of Sales, Banking, Acxion (2006 - 2013); Vice President, Barclaycard (2002 - 2007); Vice President, Corporate Development, P&H Solutions (June, 2000 - 2002); Vice VP, Chase.  Volunteer: Coach, Bedford Jr. Bulldogs (August, 2007 - November, 2013). Bedford Little League (April, 2010 - August, 2014).  Education: University of New Hampshire. BS, Economics. Activities and Societies: Sigma Beta, Philanthropy Chairman Intramural Sports.
https://www.linkedin.com/in/robjoycenh/

George LaPorta was hired as Southeast Regional Vice President for North Carolina, South Carolina and Virginia, People's Capital and Leasing, Carmel Valley, California. He is located in Huntersville, North Carolina. Previously he was District Finance Manager, Volvo Financial Services (March, 2013 - September, 2019); Vice President, Relationship Manager, GE Capital (June, 2010 - February, 2013); Area Sales Manager, Navistar, Inc. (December, 1999 - June, 2010).  Education: Pfeiffer University, Master of Business Administration, MBA (2004 - 2006).  Winthrop University. Bachelor of Science. BS, Finance, General (1994 - 1998).  Winthrop University College of Business. https://www.linkedin.com/in/gerald-laporta-4ab545155/

Fouad Madkour was hired as Director/ Vendor Account Manager, Amur Equipment Finance, Grand Island, Nebraska. He is located at their Dover, New Hampshire office.  Previously, he was at Ascentium Capital, starting as Finance Manager, August, 2018; promoted August, 2019, Regional Sales Manager.  Prior, he was at Beacon Funding, beginning June, 2017, Sales Representative; promoted June, 2019, Senior Financial Consultant. Funding Manager, Direct Capital, a Division of CIT Bank, N.A. (April, 2016 - June, 2017); Operational Manger, Sheesha Lounge (November, 2013 - June, 2016); Supervisor, Suffolk University Annual Fund (January, 2010 - May, 2013); Intern at Energize Everett, Everett City Hall (February, 2012 - September, 2013); Finance Manager, Auto Gallery Group (October, 2008 - April, 2011). Languages: Arabic. English. French. Education: Suffolk University, BS, Political Science & Philosophy (2009 - 2013) Bachelor of Science (B.S), Political Science and Government, 3.5 GPA. Activities and Societies: Soccer, E-Board MSA, Annual Fund. Suffolk University Student Council. Muslim Student Association. USSF Referee Administration. https://www.linkedin.com/in/fouad-madkour-43578a29/

Christina Manall was hired as Senior Sales Consultant, ShapeUp Sales Coaching, Dover, Delaware. She also works now as Director of Business Development, Commercial Finance, Zena Financial Services, LLC. Previously, she was Senior Sales Executive, Commercial Industrial Finance, CI Finance, starting January, 2019. Account Manager, Affiliate Channel Vendor Development, August, 2017;  Senior Account Executive, Lease Corporation of America (November, 2016 - August, 2017); Director of National Accounts, Navitas Lease Corp. (August, 2014 - November, 2016); Regional Account Manager, Creekridge Capital (November, 2012 - August, 2014); Business Development Manager, Marlin Leasing) (September, 2010 - November, 2012); Sales Manager, AT&T Mobility (August, 2006 - September, 2010). https://www.linkedin.com/in/christina-manall-b2b10824/

Help Wanted

[headlines]
--------------------------------------------------------------

Perseverance

Sales Makes it Happen by Scott Wheeler, CLFP

 

A first grader's homework assignment is a great lesson-learned for even the most seasoned originators: 

Think of a challenge that you encountered over the past few days and how you overcame that challenge.

I asked a similar question to a seasoned originator in the commercial equipment leasing industry. "How did you overcome your greatest challenges over the past 30 years in the industry?" The answer was just one word: Perseverance.

Never giving-in or giving-up is the cornerstone of success. Seasoned originators are always discovering new opportunities, new solutions, and new relationships by charging forward, no matter the challenges. The
above-mentioned originator explained that minor setbacks motivated him to try harder to get back in the game and to find new opportunities to conquer. He explained how several times in his career he had to reinvent himself, refine his selling skills, and review his personal value proposition. He faced each of his challenges as an exciting opportunity. He learned from each challenge and persevered.

As a successful originator it is often necessary to overcome challenges. It is your ability to learn, grow, and persevere that will create sustainable success.
 
Move Forward - Every Day

Order via Amazon: https://www.createspace.com/5355516  

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com 
Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.html

 

[headlines]
--------------------------------------------------------------

How Customer Reviews Can Boost
Your B2B Marketing Strategy

FinTech #102 by Alex Vasilakos

Now that most people turn to the internet for nearly all of their information, it’s become even more important for businesses to make sure that their customer reviews are front and center. In fact, if there are no customer reviews of your business, customers tend to assume that your business isn’t credible.

Here are a few reasons that customer reviews will improve your B2B Marketing and save you money:

Customer Reviews Cut Costs

It’s no secret that internet users have become adept at checking reviews before they commit to a company and they’re using reviews to do a good portion of their research. By the time they pick up the phone to call your business, you’re close to making the sale. The customer already knows, based on the positive reviews they’ve read, that your business is genuinely interested in meeting their needs. This is good news for your business: You have fewer people calling to answer basic questions and more people who are seriously interested in working with you, which frees up your time and resources.

Keep in mind that it costs nothing for your salespeople to ask current customers to post a review about your business, so it’s essentially free marketing.

Customer Reviews Improve Your SEO

Search engine optimization utilizes keywords to help people find your website in web searches. It’s likely that your business is already using SEO to attract more people to their website, but you can build upon your SEO efforts by publishing reviews. When you enable people to post reviews to your website, they’re likely using keywords that will improve your SEO even more than your website and blog content.

Customer Reviews Build Trust

Before they decide to work with your company, it’s important for customers to know that they can trust you. Positive reviews from real customers go a long way to create the credibility you need to make the sale. In fact, 85 percent of customers say that a positive online review is just as credible as a friend’s recommendation when it comes to their purchase decisions.

Customer Reviews Improve Your Credibility

Publishing online reviews is a signal to other businesses that you stay on top of marketing trends; on the other hand, not sharing customer reviews might show that you’re not keeping up with the latest research. Customer reviews go a long way to show potential customers that you have a strong reputation in your industry and that you’re on top of your game as a business.

The Cost of Not Publishing Customer Reviews

Because the current marketing landscape is so reliant on customer reviews, not having customer reviews on your website can actually cost you. More than 85 percent of internet users use online reviews to help them make business decisions. By not having any reviews on your website, you could actually be harming your reputation.

In addition to publishing reviews on your website, it’s also a good idea to keep an eye on reviews on Yelp and other review sites so that you can respond to any erroneous negative reviews and make sure that your business information is accurate. External review sites like Yelp are also critical for B2B marketing.

Getting Started

If you haven’t published customer reviews on your website, now is a great time to get started. Don’t worry about not having any reviews on your website for a long time. You’re likely to discover that customer reviews can accumulate quickly. Once you get a few, customers will catch on and add their own.

Alex Vasilakos
Director of Marketing
The Finance Marketing Group
Alex@financemarketing.com 
Office: 518-591-4645x102 / Fax: 518-677-1071
90 State Street, Suite 1500, Albany, NY 12207

He entered advertising and marketing in 2003, right when the industry landscape shifted from traditional print to digital media. In that time, Alex has worked with numerous large accounts in both healthcare and financial services, and has helped small and medium-sized businesses grow and flourish in their respective digital markets. Alex has won countless awards for creative direction and strategy, and is certified by Google Partners in both AdWords and Analytics. Currently, Alex works exclusively with financial services companies, but his depth of knowledge and experience can help design and implement long-reaching strategies for businesses across all industries.

Previous Financial Technology Articles
http://www.leasingnews.org/Conscious-Top%20Stories/fintech.html

Hong Kong has been embroiled in mass protests for weeks after the local government attempted to push through a bill allowing extradition to mainland China. In the years since the handover, Beijing has been respectful of Hong Kong's economic power and unique way of life - particularly freedom of expression and legal independence. The demonstrators took the streets due to what they consider an attempt to undermine that way of life.

In the years after the handover, the share of people in Hong Kong identifying as Chinese increased, reaching 38.6 percent in 2008. Dissatisfaction with Beijing's policies towards Hong Kong has seen that share decline significantly in recent years and it stands at just 10.8 percent today, according to the most recent polling from Hong Kong University. Meanwhile the share of people identifying as Hongkongers has increased dramatically over the last decade, hitting 53 percent in 2019.

By Niall McCarthy, Statista

https://www.statista.com/chart/19186/would-you-identify-yourself-as-a-hongkonger-or-chinese/

Ralph Mango Editor/writer of diverse business content: business plans, policy/process, and training. GM delivers results above plan. Associate Editor Leasing News, responsible for proofreading and editing each news edition, as well as contributing content. Available for Projects ralphmango@hotmail.com

 
[headlines]
-------------------------------------------------------------

##### Press Release ############################

Chesswood Announces Renewal of Two Funding
Facilities for total of $550 Million

Corporate Revolver and Warehouse Lines
Renewed and Repriced

TORONTO,– Chesswood Group Limited (“Chesswood” or the “Company”) (TSX: CHW) is pleased to announce the completion of the renewals of its two US$250 million primary borrowing facilities. These two facilities are provided by two separate bank syndicates, including leading Canadian and American banks active in our industry, and are both led by Royal Bank of Canada.

Barry Shafran, Chesswood’s President and CEO, “Our senior revolving facility allows us tremendous flexibility to fund most types of finance receivables where ever they are originated within our group, and also now includes a US$50 million accordion feature that can increase the overall revolver to US$300 million. Pawnee Leasing’s US$250 million warehouse facility serves as the main platform for Pawnee’s prime originations before they are securitized.

“These renewals were completed ahead of the final year of their terms and provide a modest but welcome reduction in our cost of funds while demonstrating the support Chesswood continues to receive from our lenders. We’re very grateful for the support of our many bank partners in Canada and the United States” added Shafran.

The term of the senior revolving facility now extends to December 2022 while the term of the warehouse facility extends to September 2021. These two facility renewals solidify most of Chesswood’s treasury resources for the coming years and provide the Company with a strong capital base from which to support future growth.

About Chesswood
Through three wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America’s only publicly-traded commercial equipment finance company focused on small and medium-sized businesses. Our Colorado-based Pawnee Leasing Corporation, founded in 1982, finances a highly diversified portfolio of commercial equipment leases and loans through relationships with over 600 independent brokers in the U.S. In Canada, Blue Chip Leasing Corporation has been originating and servicing commercial equipment leases and loans since 1996, and today operates through a nationwide network of more than 50 independent brokers. Located in Houston, Texas, Tandem Finance Inc. provides equipment financing to small and medium sized businesses in the U.S. through the equipment vendor channel. Based in Toronto, Canada, Chesswood’s shares trade on the Toronto Stock Exchange under the symbol CHW.

Learn more at: www.Chesswoodgroup.com www.PawneeLeasing.com www.BlueChipLeasing.com and www.TandemFinance.com

### Press Release ############################

 

[headlines]
-------------------------------------------------------------

### Press Release ############################

California Department of Business Oversight
Issues Cannabis Banking Guidance

SACRAMENTO – The California Department of Business Oversight (DBO) today issued guidance to state-chartered financial institutions regarding banking relationships with cannabis-related businesses as more banks and credit unions choose to bank the industry. 

The guidance, issued in the form of an extensive questionnaire used by examiners, is part of the DBO’s continued effort to assist banks and credit unions that serve the cannabis-related businesses in California and will help financial institutions make appropriate risk assessments and comply with federal guidelines.  The DBO developed the questionnaire for the growing number of state banks and credit unions establishing banking relationships with cannabis-related businesses.  Additional financial institutions are considering pilot programs for cannabis banking. 

Commissioner of Business Oversight Manuel P. Alvarez said, “If financial institutions choose to serve the cannabis market, they must understand risks and build out their compliance infrastructure accordingly.

“By making this questionnaire available to our licensees, we hope it can serve as an additional resource for banks and credit unions as they roll out their cannabis banking programs.” 

Consumers, businesses, and law enforcement have been concerned about the lack of banking access for cannabis-related businesses.  Historically, the cannabis industry dealt primarily in cash, posing a significant public safety risk, among other concerns.  Since California’s cannabis regulators began issuing licenses in 2018, the number of state-legal cannabis businesses has increased, but many businesses have struggled to obtain basic banking services amid financial institution concerns about complying with federal law. 

The DBO questionnaire addresses financial institutions’ cannabis program governance and compliance with the federal Bank Secrecy Act (BSA), with a focus on the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) guidance on cannabis banking.  The questionnaire tracks the FinCEN guidance, calling attention to customer due diligence, ongoing monitoring and filing requirements, along with priorities and potential red flags identified by FinCEN. 

The FinCEN guidance, issued in 2014, includes federal law enforcement priorities taken from parallel guidance issued by the U.S. Department of Justice (Cole Memo).  Although the Justice Department rescinded the Cole Memo in 2018, the FinCEN guidance remains in effect.  

In line with Proposition 64, the DBO also reaffirmed today that it will not bring regulatory actions against state-chartered banks or credit unions solely for establishing a banking relationship with licensed cannabis businesses. These financial institutions will still be required to comply with FinCEN’s BSA expectations, including the FinCEN guidance and priorities set forth in the Cole Memo, and identify, evaluate, and manage risks appropriately. 

“We stand ready to assist our licensees to make sure they properly develop their cannabis banking initiatives,” said Commissioner Alvarez. “We will not be an obstacle to banks and credit unions that adhere to federal expectations regarding cannabis-related businesses and responsibly manage their risk,”  

As an additional resource, earlier this month, the Conference of State Bank Supervisors (CSBS) released a document to aid bank examiners with examinations of institutions that may be banking cannabis-related businesses.  

The DBO encourages state-chartered banks and credit unions to utilize the questionnaire and CSBS guide as they consider establishing banking relationships with cannabis-related businesses operating in California in full compliance with all applicable state laws and regulations and consistent with each financial institution’s risk assessments.

The DBO licenses and regulates more than 360,000 individuals and entities that provide financial services in California. The DBO’s regulatory jurisdiction extends over state-chartered banks and credit unions, money transmitters, securities broker-dealers, investment advisers, non-bank installment lenders, payday lenders, mortgage lenders and servicers, escrow companies, franchisors and more.

#### Press Release #############################

Financing Cannabis Funding Sources
  Many Work with Third Party Originators

-----------------

Cannabis Equipment Leasing

Forum Financial Services has been involved in the Cannabis/CBD marketplace for over a year, launching a specific website geared for this industry: www.cannabisequipmentlease.com. 

Tim O'Connor, Vice President, says, "Over the past year we have written and closed over a dozen leases. Most have been in the medical marijuana space and now we are expanding into the hemp/CBD industry."

"Most of our transactions were direct. We have two approved brokers that we have completed transactions with and are looking to possibly add one or two more. We are funding our own transactions, which makes us unique in the space. Well capitalized companies with solid management are what we have focused on, mostly "corporation only." Although, we have done a couple start-ups based on solid collateral and decent opening balance sheets.”

"As is the case with Forum Leasing, we do not offer ANY type of lease or financing for equipment located in California. We do offer leasing and are open for business for companies that have equipment installed/located in all the other 49 states."

Tim O'Connor
Forum Leasing
tim@forumleasing.com
PH.:  972-690-9444  EXT. 225
Cell:  214-717-2916

www.cannabisequipmentlease.com 
www. http://forumleasing.com/

---------------------

Now Open for the Cannabis Industry
International Financial Services dba IFS

"IFS has approved our 1st deal in the cannabis industry! We are now able to consider established companies with accountant prepared financial statements (or tax returns) within the cannabis industry.

“NOTE: We won't consider any start-ups. Must have at least 3 full years in business. Please contact me for more information or to preview a deal."

Dara Dietmeyer, VP
Credit & Syndications
847-932-0912 direct
ddietmeyer@ifsc.com

INTERNATIONAL FINANCIAL
SERVICES CORPORATION
www.ifsc.com

------------------------------

Alliance Commercial Capital, Inc
161 North Clark Street, 16th Floor
Chicago, Illinois, 60601
888-727-9960 Ext# 6078
Fax: 312-664-3021
sam@accleasing.com
www.accleasing.com

Cannabis Program Highlights:
Loan Size:  $25,000 - $10,000,000+
Collateral:  lighting, HVAC, benching, extractors, irrigation, CCTV & related cannabis equipment
Locations:  Nationwide
Business:  The owner/tenant must be licensed and regulated by the State. Personal Guarantees required from all owners. Minimum credit score preferred 700. No bankruptcies in the last 7 years. No unresolved state or federal tax liens.
Application Only: $50,000. 
Documentation required: Submit with our attached credit application, copy of vendor invoice/quote, Bank statements for the last 4 months and copy of State Cannabis License
Time in Business: 2+ years
Terms are from 2 to 5 years 
Interest rates typically average 9-12.75%
Full Disclosure:  Over $50,000
Documentation required: Same as above plus Personal and Corporate tax returns for last 3 years, Personal financial statement for all owners, Debt Schedule, Latest interim Financial Statements.
Start-Ups: Unsecured Business Finance (UBF) program up to $150,000/owner based solely on personal credit. Submit with credit application only.

MoneyTrac Technology, Inc. (“MTT”), a subsidiary of Global Payout, Inc. (OTC:GOHE) , has established and is now marketing an alternative banking solution for the Cannabis industry.

 MTT currently has the ability to integrate and streamline electronic payment processing such as E-wallet, mobile applications, debit cards, and credit cards. Currently, MoneyTrac Technology has strategic partnerships with top cannabis services such as GreenRush, BlazeNow, High Grade Management Group, and PotSaver, which was a majority acquisition last October.

According to Bloomberg, "MoneyTrac Technology, Inc., through its subsidiary, provides electronic wallet and e-banking financial solutions for the marijuana industry. It offers financial technology, which includes an e-wallet and mobile app that allows users to access financial information. The company also provides white labeling services; mobile platform to manage financial transactions; and solutions for accessing account information, making payments, and online bill pay activities. In addition, it offers transaction management services."

----------------------- 

dw@dwevents:

"I do know a bit about canna finance in the US and have actually completed a deal or two (it’s mainly all convertible debt).  I ran an event in NYC for over 200 investors at Chelsea Piers and I helped organize, promote and sell out the first Weed Stock conference in Colorado.  I have been an investor in the industry since 2013.

"There are no miracle answers for leases (in most states, ownership of canna assets without being licensed as a canna business would prohibit leasing).  Most deals are done as loans with a conversion provision and pretty harsh default penalty.

"One thing lenders have to keep in mind is that bankruptcy (other than just a state bankruptcy) isn’t available to canna debtors.  Federal judges won’t hear the cases and will dismiss them if they get filed.  In fact most disputes that wind up filed in federal court get dismissed and refiled in state court."

 Organigram Enters into Letter of Intent
with Farm Credit Canada for $10 Million
http://leasingnews.org/PDF/Organigram2017.pdf 

------------------------------

Number 1 Enterprises, Inc.
Funding Cannabis, Marijuana, CBD, Hemp Businesses

 “We specialize in structuring your capital infusion. Number 1 is a group of reformed bankers whom grew weary of declining great clients because their loan requests did not fit into the traditional lenders' ‘box’.”  

Through a network of over 8,000 Funding Sources: Private Investors, Investor Groups, Lenders, Co-Brokers, Facilitators, Hedge Funds, etc., we help businesses acquire the necessary capital to grow their business:

• Debt and Convertible Notes
• Equity Capital
• Unsecured Business Financing
• Purchase Order Financing
• Accounts Receivable Financing
• Factoring

Companies have funded or in process of funding include:

1. Marijuana Grower, Extractor, Edibles Maker, Wholesaler, and Dispensary in Alaska
2. Medical Marijuana Conglomerate Acquiring a Building and Additional Capital for Operations in Nevada
3. Medical Marijuana Grower in Arizona
4. National Builder whom builds Grow-houses of all sizes
5. Warehouse Builder in North Florida which leases the space to Cannabis Grow-houses
6. Grower in Northern Nevada
7. Builder & Grower in New Jersey
8. Cannaceuticals and Hemp-based Nutritional Product company based in Florida and Pennsylvania
9. CBD Oil Manufacturer
10. CBD Oil Wholesalers
11. CBD Oil Retailers

“We will leave no stone unturned to ensure every available option for acquiring your business capital.

“With Number 1, We get it done!”

Andrew DiAlberto, President
Number One Enterprises, Inc.                                                                                                                                  3100 NW 46th St.
Suite 208
Ft. Lauderdale, FL 33309 
Tel:  954-204-3292
Cell:  954-579-2584
E-Mail:  andrew@number1ent.com

----------------------------------------

Vertical Companies

Scott Jordan
Managing Director
Financial Services
Englewood, Colorado
sjordan@vertcos.com
303 887 2750
https://www.linkedin.com/in/thescottjordan/

Scott Jordan leads Vertical’s financial services arm. He has been in Colorado providing access to capital for marijuana business owners since 2009 and has been called “The Marijuana Money Man” by Fox San Francisco and the Denver Post. He created one of the first companies to provide debt-based capital, Dynamic Alternative Finance in 2014, and arranged over $30 million in funding before accepting the position with Vertical as President of the newly created Financial Services division.

 ---------------------------------------

Marijuana Industry News
http://mjinews.com/

 

 

[headlines]
--------------------------------------------------------------

Fernando's View
By Fernando F. Croce

A breezy biopic (“Dolemite is My Name”) and inventive crime drama (“First Love”) come to theaters, while DVD releases offer lighthearted blockbusters (“Spider-Man: Far From Home”), culture-clash charm (“Local Hero”), and a timeless comedy (“The Circus”).

In theaters:

Dolemite is My Name (Netflix): Eddie Murphy has his best role in years as outrageous comedian Rudy Ray Moore in this breezy biopic. Floundering in the 1970s with gigs in seedy nightclubs, Moore found inspiration in low-down humor and created an iconic character in Dolemite, an outlandishly profane pimp and undercover crime-fighter. But getting that character to movie screens is the real story, as Moore has to hustle his way into an industry that shows little interest in anything even remotely dangerous. By his side are his feisty partner Lady Reed (Da’Vine Joy Randolph), socially conscious playwright Jerry Jones (Keegan-Michael Key), and actor-turned-director D’Urville Martin (Wesley Snipes). Directed by Craig Brewer (“Hustle & Flow”), the movie plays safely on the “Ed Wood” mold but gives Murphy plenty of room to shine.

First Love (Well Go USA Entertainment): Known for his extreme productivity and screen violence, Japanese director Takashi Miike (“Audition”) offers a characteristically inventive and idiosyncratic vision with this crime drama, which comes with expected brutality and unexpected poignancy. The protagonist is Leo (Masataka Kubota), a boxer who is successful in the ring yet has the existential load of having nothing to fight for. Doomed with an incurable disease, he nevertheless sees a light amid the darkness in the form of Yuri (Sakurako Kanishi), a young call girl caught in a twisted underworld intrigue. Can the two lost souls find peace together amid the grimness of the city? Putting gleeful new spins on stock characters and situations, Miike brings his customary demonic energy along with a haunting layer of emotion. With subtitles.

Nextflix: A hulking, gruesomely charismatic screen presence, Sid Haig (1939-2019) could always bring grotesque characters to unforgettable life. So check out Netflix for his best roles, which include “Spider Baby” (1967), “The Big Bird Cage” (1972), “Coffy” (1973), “The Devil’s Rejects” (2005), and “Bone Tomahawk” (2015).

On DVD:

Spider-Man: Far From Home (Columbia Pictures): After the gargantuan scale of the most recent Marvel superhero movies, it’s refreshing to spend the latest installment in a more laidback road trip with Spider-Man and company. In the wake of the game-changing events in “Avengers: Endgame,” Peter Parker (Tom Holland) is determined to take a break from his heroic alter-ego and focus on romance with Mary Jane (Zendaya). However, his plans for getting back to his normal life are thwarted by the arrival of a new villain: Mysterio (Jake Gyllenhaal), a Hollywood reject who’s put his special-effects powers to nefarious, mind-controlling use. Directed by “Homecoming’s” Jon Watts, the film sticks to the Marvel formula of robust action, breezy jokes and charismatic players, but with an added lightness that’s especially welcome.

Local Hero (Criterion): One of the most beloved films by Scottish filmmaker Bill Forsyth, this wry comedy-drama from 1983 serves up a most charming portrait of culture clash. An eager participant in the ‘80s wave of ambition and greed, Texan oil and gas executive MacIntyre (Peter Riegert) gets a chance of pace when his eccentric boss, Happer (Burt Lancaster, in one of his lovely final performances), sends him on an assignment to a tiny village in Scotland. Though the trip is meant to make way for a new refinery, it instead changes Mac’s worldview through his interactions with the townspeople. Learning to relax and appreciate life’s mysteries, he comes to question his own profit-minded priorities. With a light and leisurely touch, Forsyth’s whimsical film weaves a gentle, deeply humanistic spell.

The Circus (Criterion): With their mix of comedy and pathos, festive surfaces and secretly bittersweet emotions, circuses have long been a favorite of screen comics. Thus the ideal setting for this 1928 comedy from the great Charlie Chaplin, who here directs the last silent-era outing of his immortal character, The Little Tramp. On the run from the cops, he hides out in the local circus, where his clumsiness proves to be a hit with audiences. As he rises to star status, the Tramp also falls for a lovely rider (Merna Kennedy) who’s more interested in the handsome tight rope walker. Though not as well-known as “The Gold Rush” or “City Lights,” the film is every bit as magical as Chaplin’s other classics, wondrously blending laughter and melodrama in still-fresh ways.

Hound/Mixed
Dallas, Texas  Adopt-a-Dog

Name: Arwen
ID: 41700118
Breed: Hound / Mix
Gender: Spayed Female
Age: 8 months
Size: Medium
Location: Dallas

Arwen Medium Spayed Female Hound / Mix Located in Dallas
About Me: I'm sweet, playful, spunky and love my humans so much! Sometimes I get scared in certain situations so I'll need a calm, low-traffic home while I continue to work on that. I tend to prefer females over males so I'd do best in a home with at least one female.

Skills: I ride well in the car, sit for treats, and I'm crate trained!

Dogs: Sure! Bring potential doggy siblings in to meet me.

Kids: Over 12 please.

Special Note: Potential adopters get to take me on a test drive through a trial adoption!

E-mail Foster@spca.org for more info.
https://www.spca.org

Jan Rees-Jones Animal Care Center,
Myron K. Martin Spay/Neuter & Wellness Clinic
and Russell E. Dealey Animal Rescue Center
2400 Lone Star Dr.
Dallas, TX 75212

[headlines]
--------------------------------------------------------------

 

News Briefs----

Fifth Third bankers' exodus to rivals picks up speed
  more than 30 bankers formerly with acquired MB Financial
https://www.chicagobusiness.com/finance-banking/fifth-third-bankers-exodus-rivals-picks-speed

California boom is ending, Gavin Newsom warns
   as 2020 budget writing begins
https://www.sacbee.com/news/politics-government/capitol-alert/article235759857.html?

Wells Fargo projects up to 10% of banking jobs
   to be cut in the next decade
https://www.businessinsider.com/wells-fargo-predicts-tech-advancements-will-impact-employee-trajectory-2019-10

Job Losses in 2019 Highest in 4 Years
    as Manufacturing and Auto Industries Falter
https://247wallst.com/jobs/2019/10/03/job-losses-in-2019-highest-in-4-years-as-manufacturing-and-auto-industries-falter/

US House OK's protections for banks in states
     with legal cannabis businesses
https://www.northbaybusinessjournal.com/industrynews/cannabis/10096951-181/safe-banking-regulation-cannabis

TRIP study cites congestion and truck parking
     as major freight challenges
https://landline.media/trip-study-cites-congestion-and-truck-parking-as-major-freight-challenges/

Bonchon’s Rapid Rise to Fried-Chicken Stardom
   CEO Expects to have 1,000 Total Stores
https://www.fsrmagazine.com/emerging-brands/bonchons-rapid-rise-fried-chicken-stardom

 

[headlines]
--------------------------------------------------------------

You May Have Missed---

Mapped: The World’s Largest Exporters in 2018
https://www.visualcapitalist.com/mapped-worlds-largest-exporters-in-2018/?mc_cid=c565cda741&mc_eid=67933d51ed

[headlines]
--------------------------------------------------------------

by Hester Jewell Dawson ©

Published: Stone Country (1986)

the high fly ball,
arches out above left field,
hangs there in the sky
outblazing the sun
while fifty thousand heads swings and cry
"Over the wall! Over the wall!"

then hold, fixed and dumb
as the ball drops
down and down, a dead bird
into a waiting glove

and there you have it: the song,
the flight, the perilous whisper of truth
or of love or possibly of faith

then the descent
and the end of the game

[headlines]
--------------------------------------------------------------

Sports Briefs---

Where are they Now?  2012 NFL Draft
 filled with big-name QB's
https://www.businessinsider.com/andrew-luck-2012-nfl-draft-quarterbacks-2019-8

Barber: A's lose yet another elimination game, 5-1 to Rays
https://www.pressdemocrat.com/sports/10127950-181/barber-as-lose-yet-another

10 biggest disappointments of 2019 NFL season so far:
    Jared Goff, Kirk Cousins floundering
https://www.usatoday.com/story/sports/nfl/2019/10/03/nfl-biggest-disappointments-2019-jared-goff-kirk-cousins/3849271002/

Warriors: Who will start at center Saturday night against Lakers?
https://www.mercurynews.com/2019/10/03/warriors-who-will-start-at-center-saturday-night-against-lakers/

[headlines]
--------------------------------------------------------------

California Nuts Briefs---

Consumers, trustee blast PG&E bankruptcy
    lawyer fees amid wildfire woes
https://www.eastbaytimes.com/2019/10/03/consumers-trustee-blast-pge-bankruptcy-lawyer-fees-amid-wildfire-woes/

S.F. Bay Area city ranks second in the U.S. for best night’s sleep
https://www.mercurynews.com/2019/10/03/this-bay-area-city-ranks-second-in-the-u-s-for-best-nights-sleep/

New office tower gets underway in downtown San Jose
https://www.mercurynews.com/2019/10/03/new-office-tower-gets-underway-downtown-san-jose-google-adobe-tech/ 

Photos: Storied hidden Stinson Beach compound for sale for $15M
https://www.eastbaytimes.com/2019/10/03/photos-storied-hidden-stinson-beach-compound-for-sale-for-15m/

[headlines]
--------------------------------------------------------------

“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

How much dining can you do at a Napa Valley Winery?
   It depends.
https://napavalleyregister.com/news/local/how-much-dining-can-you-do-at-a-napa-valley/article_c24b83f5-84be-5e81-8d7b-c5be55d8f5bd.html

Testarossa Classes To Teach Wine Basics
https://patch.com/california/losgatos/testarossa-classes-teach-wine-basics

Napa Valley Vintners Celebrates 75th Anniversary
    with Oral History Project
https://napavintners.com/press/press_release_detail.asp?ID_News=3623186

Wine Society’s Premium canned wine Earns 94 Points,
 Platinum Medal, a first in history for canned wine
- Highest Rate Wine in a Can
https://www.winebusiness.com/news/?go=getArticle&dataId=220423

The Best Natural Wine Bars in Montreal
https://www.winemag.com/2019/10/02/best-bars-in-montreal-for-natural-wine/

Liberalizing beer and wine sales could hurt
    Ontario’s spirits industry: study
https://www.thestar.com/politics/provincial/2019/10/03/liberalizing-beer-and-wine-sales-could-hurt-ontarios-spirits-industry-study.html

Free Wine App
https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

This Day in History

      1582 - Pope Gregory XIII issued a bulletin that decreed that the day following Thursday, Oct 4, 1582, should be Friday, Oct 15, 1582, thus correcting the Julian Calendar, then 10 days out of date relative to the seasons. All dates before this that we celebrate are not actually the “correct” days. Don't worry, the calendar was again changed by the British Calendar Act of 1751.  Britain (and the American colonies) made the “Gregorian Correction” in 1752. The Act proclaimed that the day following Wednesday, September 2, should become Thursday, September 14, 1752. There was rioting in the streets by those who felt cheated and who demanded the eleven days back. The Act also provided that New Year's Day (and the change of year number) should fall January 1 (instead of March 25) in 1752 and very year thereafter. As a result, 1751 only had 282 days.
    1636 - The General Court of the Plymouth Colony instituted a legal code, the first composed in North America, that guaranteed citizens a trial by jury and stipulated that all laws were to be made with the consent of the freemen of the colony.
(Lower half of: http://memory.loc.gov/ammem/today/oct04.html )
    1648 - Peter Stuyvesant establishes America's first volunteer firemen in New Amsterdam (New York City).
    1777 - Battle of Germantown. Washington planned a surprise attack against the redcoats at sunrise. He broke the army into four separate columns for battle. The American soldiers marched to Germantown by two roads, with General Sullivan to the right and General Greene to the left. Washington, along with General "Mad Anthony" Wayne, joined Sullivan and caused the British to fall back. The complicated plan had failed with the British losses at 70 killed, 450 wounded, and 14 missing. The Americans lost 152 killed, 521 wounded, and almost 400 missing. American morale was largely unaffected by the loss in that they mistakenly believed that more British were lost than American forces. Howe was impressed that the skill of the Americans had increased so much since the defeat at Brandywine. So, rather than risk a pursuit, Howe retreated to Philadelphia and fortified the city. The Battle of Germantown was fought in a morning fog that grew denser with the smoke of battle, causing great confusion. Americans firing at each other contributed to the loss of the battle. 
http://www.ilssar.org/germantown.html 
http://library.thinkquest.org/10966/data/germ.shtml
http://www.virtualology.com/virtualwarmuseum.com/revolutionarywarhall
/battleofgermantown.com/ 
http://www.justinalee.com/Germantown.html 
http://www.phmc.state.pa.us/ppet/germantown/page1.asp?secid=31 
http://www.multied.com/revolt/germantown2.html 
http://www.cliveden.org/Pages/battle.htm 
http://patriot.net/~tpost/germantown.html 
http://www.publicbookshelf.com/public_html/The_Great_Republic_By_the_
Master_Historians_Vol_II/battleof_gh.html 
    1810 - Birthday of Eliza McCardle Johnson (d. 1876), Greenville, TN. She taught her husband, Andrew Johnson, how to read when he was already an adult. He went on to become the 17th president of the U.S. Historically, she is not given any credit for his rise to political prominence.
http://www.whitehouse.gov/history/firstladies/ej17.html 
http://www.aboutfamouspeople.com/article1065.html
    1822 - Birthday of Rutherford Birchard Hayes (d. 1893), 19th pres­ident of the US (Mar 4, 1877—Mar 3, 1881), at Delaware, OH. In his inaugural address, Hayes said: “He serves his party best who serves the country best.” He lost the popular vote and in a hotly contested electoral congressional vote, a promise to the “Dixie Democrats” made him president, it is said, and turned back the reconstruction of the South.
http://memory.loc.gov/ammem/today/oct04.html
    1830 - A power printing press is patented by Isaac Adams, Boston.
    1851 - In San Francisco, the third Jenny Lind Theatre to occupy the same site on Kearny was opened. The other two theaters burned during fires this year.
    1854 – Abraham Lincoln made his first public speech, at the Illinois State fair.
    1861 - Frederic Remington (d. 1909), American artist; specialized in western themes, was born in Canton, NY.
    1862 - Battle at Corinth, Mississippi ends with a draw. Van Dorn, commanding Confederate forces, has Price attack Union positions under Rosecrans' command in front of Corinth in a two-day battle to push the Federals back into Tennessee and secure the vital railroad crossing at Corinth.  Fierce fighting in town and at Batteries Williams and Robinett; Attack fails, and on second day, Van Dorn withdraws to Chewalia. By this time, many Southerners were disenchanted with him and he was placed in charge of the mounted troops under Pemberton. Moving his division into middle Tennessee, he was killed on May 7, 1863, by Dr. George B. Peters for attentions paid by the general upon the physician's wife in Spring Hill.
http://www.civilwarhome.com/vandornbio.htm
    1864 - New Orleans Tribune, first black daily newspaper, forms. It is published in both French and English.
http://www.theneworleanstribune.com/aboutus.html
    1864 - In Syracuse, New York, delegates created the National Equal Rights League, a national forum to replace the black convention movement, and lobby the federal government for full citizenship rights for all African Americans on the premise of black service in the Union Army and the notion that all men were created equal. With numerous state and local chapters, the league’s members became active in northern and southern politics, while also continuing to demand protection of their civil and political rights in a new era in which white hostility increased and federal and state support for protecting black rights waned.
    1877 - Chief Joseph surrenders with starving remnant of Nez Perce people. At Eagle Creek in Bear Paw Mountains, Montana, Nez Perce leader Chief Joseph (In-mut-too-yah-lat-lat [Thunder coming up over the land from the water]), surrenders his rifle after months in which his starving band eluded pursuing federal troops.  “From where the sun now stands, I will fight no more forever." Chief Joseph was best known for his resistance to the US Government's attempts to force his tribe onto reservations. The Nez Perce were a peaceful nation spread from Idaho to Northern Washington. Earlier in the year, the U.S. government broke a land treaty with the Nez Perce Indians, forcing the group out of their homeland in Wallowa Valley in the Northwest for relocation in Idaho. In the midst of their journey, Chief Joseph learned three young Nez Perce warriors, enraged at the loss of their homeland, had massacred a band of white settlers. Fearing retaliation by the Army, he began one of the greatest retreats in American military history. For over three months, Chief Joseph led less than 300 Nez Perce Indians toward the Canadian border, covering a distance of over 1,000 miles as the Nez Perce outmaneuvered and battled over 2,000 pursuing U.S. soldiers. Finally, only 40 miles short of his Canadian goal, they were cornered, and forcibly relocated.
    1884 – Damon Runyan (d. 1946) was born in Manhattan, KS.  He was best known for his short stories celebrating the world of Broadway in New York City that grew out of the Prohibition Era. To New Yorkers of his generation, a "Damon Runyon character" evoked a distinctive social type from the Brooklyn or Midtown demi-monde. The adjective "Runyonesque" refers to this type of character as well as to the type of situations and dialog that Runyon depicted.
    1887 - Louisiana sugar workers strike, 37 peaceful strikers murdered. Louisiana Militia, aided by bands of "prominent citizens," shot unarmed black sugar workers striking to gain a dollar-per-day wage, and lynched two strike leaders.
    1895 - Buster Keaton, born Joseph Frank Keaton (d. 1966), Piqua, KS.   The American comic actor of silent films was born as his parents were appearing in a tent show with Harry Houdini.
   1895 - Horace Rawlins won the first US Open Golf Championship, contested at the Newport Golf Club in Newport, RI. Rawlins shot 173 over 36 holes to defeat Willie Dunn by 2 strokes.
    1903 - Birthday of John Atanasoff (d. 1995), inventor of the computer, at Hamilton, NY. Atanasoff, working with Clifford Berry, developed the Atanasoff Berry Computer (ABC), which used binary math to solve differential equations. The computer employed vacuum tubes and other key components of later electronic computers, although it did not have a central processing unit. In 1941, Atanasoff invited John Mauchly, a University of Pennsylvania physicist with an interest in automatic calculators, to see the ABC machine in Iowa. The visit and their subsequent correspondence about computers sparked controversy many years later over who had really invented the computer. In 1973, a judge overturned Mauchly's (and his associate, Presper Eckert's) patent claims to the computer in favor of Atanasoff. Atanasoff, who later headed up two engineering firms, received the Computer Pioneer Medal in 1981 and the National Medal of Technology in 1990.
    1906 – The Chicago Cubs finished the season with a 116-36 record, the most wins in National League history and the highest winning percentage in Major League history.  During the season, Cubs righty Jack Taylor completed a streak of pitching 187 consecutive complete games, a Major League record that will likely never be broken.  The staff ERA for the entire season was 1.76
    1907 - Harriot Stanton Blatch, the first woman elected to the American Society of Civil Engineers in 1906, was barred from dining at the Hoffman House Hotel in New York City because she had no male escort.
http://www.uua.org/uuhs/duub/articles/harriotstantonblatch.html
    1923 - Actor Charlton Heston was born John Charles Carter (d. 2008) in Evanston, Ill.
    1927 - Bop Pianist Walter F. Bishop, Jr. (d. 1998) was born in NYC.
    1928 - Author Alvin Toffler (d. 2016) birthday, NYC.
http://www.usatoday.com/news/opinion/columnists/toffler/toff05.htm
    1931 - The comic strip "Dick Tracy" by Chester Gould made its debut.
    1933 - "Esquire" magazine was published for the first time. Considered racy for its time, it pales in comparison to today's choices of reading material. "Esquire" can now be described as sophisticated.
    1939 - A barber from Canonsburg (near Pittsburgh), PA, who had quite a singing voice, recorded "That Old Gang of Mine" with the Ted Weems Orchestra. That singer was the feature of the Weems band for many years before going solo as a radio, TV and stage star. You know him as ‘The Incomparable Mr. C.,' Perry Como. His string of hits for RCA Victor spans four decades. He was an NBC-TV mainstay for more than a decade.
    1943 - "Is You is or is You Ain't My Baby?" was the musical question by Louis Jordan and His Tympany Five on this day -- on Decca Records.
    1944 - Singer Billie Holiday records, “Lover Man.”
    1944 - Top Hits 
“I'll Walk Alone” - Dinah Shore 
“Is You is or is You Ain't” - Bing Crosby and The Andrews Sisters 
“It Had to Be You” - Helen Forrest and Dick Haymes 
“Smoke on the Water” - Red Foley 
    1948 - Gordon MacRae hosted the premiere of a radio classic. "The Railroad Hour" debuted on ABC radio. The theme song was "I've Been Working on the Railroad" and the show was sponsored by -- get ready -- America's Railroads.
    1952 - “Ozzie and Harriet” was TV's longest-run­ning sitcom. The successful radio-turned-TV show about the Nelson family starred the real-life Nelsons—Ozzie, his wife Har­riet and their sons, David and Ricky. Officially titled “The Adven­tures of Ozzie and Harriet,” this show was set in the family's home. The boys were one reason the show was successful and Ricky used the advantage to become a pop star. David and Rick's real-life wives—June Blair and Kris Nelson—also joined the cast. The show was cancelled at the end of the 1965-66 season after 435 episodes, 409 of which were in black and white and 26 in color. The last episode aired Sept 3, 1966. 
    1952 - Top Hits 
“You Belong to Me” - Jo Stafford 
“Wish You Were Here” - Eddie Fisher 
“I Went to Your Wedding” - Patti Page 
“Jambalaya” (“On the Bayou”) - Hank Williams 
    1953 - "I Led Three Lives" was first seen in syndication (it was never on a TV network) this day. Richard Carlson starring as Herbert A. Philbrick. 'The fantastically true story of Herbert A. Philbrick, who for nine frightening years did lead three lives - average citizen, member of the Communist Party and counterspy for the F.B.I.' Richard Carlson stars as Philbrick in this 1953-56 syndicated series based on the national best-seller. It was one of the most popular TV shows in the McCarthy era.
http://www.geocities.com/TelevisionCity/ILedThreeLives.htm 
http://www.geocities.com/TelevisionCity/ILedThreeLives.htm
    1954 - “December Bride.” This sitcom was filmed before a live audi­ence at Desilu Studios and took place mainly in a living room. It starred Spring Byington as widow Lily Ruskin, Frances Rafferty as her daughter Ruth Henshaw, Dean Miller as Ruth's husband, Matt, Harry Morgan as wisecracking next-door neighbor, Pete Porter, whose oldest son, Chris, was one of my closest friends in high school. He played third trumpet in my band, doing most of the solos. His wife Gladys was talked about but never seen, Verna Felton as Lily's friend Hilda Crocker and Arnold Stang as Private Marvin Fisher, Pete's brother-in-law. This series spun off “Pete and Gladys” in 1960.
http://www.geocities.com/TelevisionCity/DecemberBride.htm
    1955 – FINALLY! I was there as a thirteen-year-old kid when left-hander Johnny Podres pitched a 2-0 shutout against the New York Yankees to give the Brooklyn Dodgers their only World Series championship. Before this seven-game triumph, the Dodgers had lost the series in 1920, 1941, 1947, 1949, 1952, and 1953. The Dodgers left Brooklyn for Los Angeles after the 1957 season and have never been the same; that's when I became a Chicago Cubs fan.
http://www.baseballlibrary.com/baseballlibrary/Podres_Johnny.stm
    1955 - Rev Sun Young Moon leaves prison in Seoul
http://www.unification.net/1984/840101.html
http://www.tparents.org/Lib-Moon-Book.htm 
http://www.newcovpub.com/unification/wfwp3.html
http://www.americanatheist.org/spr00/T2/fitrakis.html
    1957 - “Leave It to Beaver” premieres on TV. This family sitcom was a stereotypical por­trayal of American family life. It focused on Theodore “Beaver” Cleaver (Jerry Mathers) and his family: his patient, understanding and all-knowing father, Ward (Hugh Beaumont), impeccably dressed housewife and mother June (Barbara Billingsley) and Wally (Tony Dow), Beaver's good-natured, all-American brother. The “perfectness” of the Cleaver family was balanced by other, less-than-perfect characters played by Ken Osmond, Frank Bank, Richard Deacon, Diane Brewster, Sue Randall, Rusty Stevens and Madge Blake. The last episode aired Sept 12, 1963. “Leave It to Beaver” remained popular in reruns.
http://www.leaveittobeaver.org/
    1957 - The Space Age began as the Soviet Union launched Sputnik, the first man-made satellite, into orbit.
    1958 - Barbara MacDonald of Timbuk 3 was born Barbara Kooyman, Wausau, WI.
    1959 - No. 1 Billboard Pop Hit: "Mack the Knife," Bobby Darin. The song - Darin's biggest hit - earns the singer Grammy Awards as best new artist and best vocal performance by a male.  Composed by Kurt Weill with lyrics by Bertolt Brecht for their music drama “Die Dreigroschenoper,” or, as it is known in English, “The Threepenny Opera.”  It is ranked #251 on Rolling Stone's "The 500 Greatest Songs of All Time" list. On BBC Radio 4's Desert Island Discs, pop mogul Simon Cowell named "Mack the Knife" the best song ever written. Darin's version of the song was inducted by the Library of Congress in the National Recording Registry in 2016. 
    1960 - Top Hits 
“My Heart Has a Mind of Its Own” - Connie Francis 
“Chain Gang” - Sam Cooke 
“Mr. Custer” - Larry Verne 
“Alabam” - Cowboy Copas 
    1961 - Bob Dylan makes his concert hall debut at New York's Carnegie Hall. About 50 people attended, mostly friends, and he earned 20 bucks.
    1963 - Eric Clapton is asked to replace Anthony "Top" Topham in the Yardbirds.
    1965 - No. 1 Billboard Pop Hit: "Yesterday," The Beatles. The song, which Paul McCartney originally called "Scrambled Eggs," has been played on the radio and TV more than any other Beatles song and is the most covered song in history.
    1966 – Pope Paul VI arrived in New York City. While speaking at the UN, Paul published a document exonerating the Jews of all blame in the death of Christ. It was a whirlwind visit. Pope Paul VI arrived at Kennedy International Airport, New York City, 9:27am. He went to Saint Patrick's Cathedral, and Cardinal Spellman's residence, 11:44am, conferred with President Lyndon Baines Johnson at the Waldorf-Astoria Hotel at 1:40pm, addressed the General Assembly of the United Nations in French at 3:30pm, attended a public Mass at Yankee Stadium at 8:30pm, visited the Vatican Pavilion at the New York World's Fair at 10:25pm, and returned to Rome the same day at 1:11pm on an Alitalia jet liner. He was seen by about 1 million persons and by 100 million on television.
    1968 - Top Hits 
“Hey Jude” - The Beatles 
“Hush” - Deep Purple 
“Fire” - The Crazy World of Arthur Brown 
“Harper Valley P.T.A.” - Jeannie C. Riley 1964 Patriots' Gino Cappelletti kicks 6-of-6 field goals against Broncos
    1969 - Crosby, Stills & Nash's "Suite: Judy Blue Eyes" is released.
    1969 - CCR's "Green River" tops the LP chart.
    1969 - Denver, CO, received 9.6 inches of snow. October of that year proved to be the coldest and snowiest of record for Denver, with a total snowfall for the month of 31.2 inches.
    1970 - Rock singer Janis Joplin, 27, was found dead of an accidental heroin overdose.
    1976 - Agriculture Secretary Earl Butz resigns after telling a racial joke. He later was sentenced to five years in prison for evading taxes, but was pardoned by the president.
http://www.kpcnews.net/special-sections/reflections3/reflections17.html 
http://www.tompaine.com/feature.cfm/ID/2480
    1975 - Pink Floyd's "Wish You Were Here" LP hits #1 on the chart.
    1976 - TV audiences watched as Barbara Walters joined Harry Reasoner at the anchor desk of the "ABC Evening News" for the first time. Walters made the switch with a million-dollar paycheck, becoming the first woman to anchor a network evening newscast.
    1976 - Top Hits 
“Play That Funky Music” - Wild Cherry 
“I'd Really Love to See You Tonight” - England Dan and John Ford Coley 
“A Fifth of Beethoven” - Walter Murphy and The Big Apple Band 
“Here's Some Love” - Tanya Tucker
    1978 - Pier 39 opens in San Francisco. Warren Simmons, owner and founder of PIER MARKET RESTAURANT, was the founder and builder of PIER 39.  In the early 70's, Warren was looking for a waterfront location for his Tia Maria Restaurants.  He came upon Pier 39, which was full of refrigerators and junked cars.  Looking past the debris, Warren envisioned a world-class development and it is just that today-PIER 39.  In spite of opposition from politicians, civic groups, and competitors, government regulations, red tape and skeptics, Pier 39 opened.  The only major waterfront construction in San Francisco in the last 100 years was built in spite of everything.  With vision and hard work, Warren was successful in creating this unique addition to Fisherman's Wharf.  Warren and his son Scooter opened Pier Market in 1983.  It has become quite a tourist attraction.
    1980 - No. 1 Billboard Pop Hit: "Another One Bites the Dust," Queen. The song, which stays at No. 1 for three weeks, sells more copies than any other single by the group. ELO's "All Over the World" peaks at #13 and Genesis' "Turn It on Again" peaks at #58.
    1981 - CBS Records releases the children's holiday album, "In Harmony," which includes Bruce Springsteen's "Santa Claus Is Coming To Town.”
    1984 - “There it goes! It could be, it might be, it's...” A sad day for long-suffering Chicago Cubs fans. Chicago lost to the Padres 7-1 in the National League Championship Series.
    1985 - Shiite Muslims claim to have killed hostage William Buckley
    1986 - Dan Rather, of "The CBS Evening News," was mugged by two men in New York City.
    1986 - Van Halen's "Love Walks In" peaks at #22 on the singles chart.
    1987 - A storm brought record snows to the northeastern U.S. Snowfall totals ranged up to 21 inches at North Springfield, VT. It was the earliest snow of record for some locations. The storm claimed 17 lives in central New York State, injured 332 persons, and in Vermont caused $17 million damage. The six-inch snow at Albany, NY was their earliest measurable snow in 117 years of records.
    1987 - Southern California continued to "shake and bake." An earthquake was reported during the morning, the second in a matter of days, and during the afternoon temperatures soared well above 100 degrees. Highs of 100 degrees at San Francisco, and 108 degrees at Los Angeles and Santa Maria, were October records. San Luis Obispo was the hot spot in the nation with an afternoon high of 111 degrees.
    1988 - Televangelist Jim Bakker is indicted on federal charges of mail and wire fraud and of conspiring to defraud the public. The case against the founder of Praise the Lord (PTL) Ministries and three of his aides exploded in the press when it was revealed that Bakker had sex with former church secretary Jessica Hahn.
    1989 - Unseasonably cold weather continued in the north central U.S., with freezing temperatures reported across much of the area from eastern North Dakota to Michigan and northwest Ohio. Thirteen cities reported record low temperatures for the date, including Saint Cloud, MN, which was the cold spot in the nation with a morning low of 19 degrees.
    1991 - NHL NY Rangers trade Bernie Nichols to Edmonton for Mark Messier
    1992 - Miami Dolphins' safety Louis Oliver grabbed three interceptions from the Buffalo Bills and returned one for a 103-yard touchdown. That return tied for the NFL's all-time longest interception return with a 103-yard return by San Diego's Vencie Glenn against Denver on November 29, 1987.
    1996 - Van Halen announces that former Extreme lead singer Gary Cherone was chosen as the new lead singer of the group, replacing Sammy Hagar.
    1997 - "4 Seasons of Loneliness," by Boyz II Men, was the #1 single in the U.S. The song, from their "Evolution" album, was number one for one week.
    2002 - John Walker Lindh, the so-called "American Taliban," was sentenced to 20 years in prison by a federal judge in Alexandria, VA.  Also, Richard Reid pleaded guilty in a federal court to trying to blow up a trans-Atlantic flight with explosives hidden in his shoes.
    2006 - Dow closes above 11,800 for the first time.
    2010 – As this is the first Monday in October, the Supreme Court began a new era with three women serving together for the first time as Elena Kagan took her place at the end of the bench.
   
World Series Champions:
    1955 - Brooklyn Dodgers