MizStery
Missing Pregnant Lacy P. brought me here in 2005
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I was always scratching my head about a friend of Barry's whose initials are FD. None of the articles mention if if HS was OK with Barry bankrolling his schemes. I wonder if HS thought FD was using her husband & pressured BS to quit financing his $$$ ventures.Could the Shermans have had plans to cut FD loose from their purse strings? I just get the feeling that displeasing FD could be at the very least unpleasant at the worst extremely scary.Please read "dotr" post which summarizes a few of FD schemes paid for by BS. I would ask when discussing him to refer to him as FD because of TOS Rules.
This is a post is from Websleuths poster dotr. It is post #1094 from thread 2 I have included the following link to the original post
https://www.websleuths.com/forums/s...017-2&p=13834036&highlight=Frank#post13834036
A meal with Frank D’Angelo: Pitchman, entrepreneur, auteur
Over a boozy lunch, Canada’s beverage baron explains his latest reinvention and calls upon his Hollywood friends
http://www.macleans.ca/culture/movie...r-film-auteur/Jonathon Gatehouse
February 24, 2016
That phase of D’Angelo’s career came to a crashing halt in 2007, with his exit from his beverage empire and an ensuing $120-million corporate bankruptcy. Steelback no longer exists, but Frank is back in charge of D’Angelo Brands, a food and drink company that manufactures Arizona Ice Tea, and private labels for grocers. And he is still, somehow, friends and partners with the guy who was owed all that money—Bernard “Barry” Sherman, one of Canada’s richest men and the co-executive producer of Vampire.
D’Angelo also points to a pending distribution deal with an unnamed company for all five of his works. “We’re not gambling on them. We’ll do very well. We have star power.”
The “we” in this case is Frank and his best friend, Barry Sherman. The chairman of Apotex Inc., Canada’s largest generic drug maker, Sherman is ranked as the country’s 11th-wealthiest person, with a net worth of US$5.3 billion. “He’s a brilliant man. He’s partners in everything that I do,” says D’Angelo. “I trust his judgment. I’m out there. He’s the ABS brakes on my situation as a human being.” They met in 2002, when Sherman was selling a factory he had acquired in Tiverton, Ont., that also contained a small brewery. The relationship blossomed, with Sherman’s Wasanda Enterprises extending more and more financing for D’Angelo’s beverage dreams. At the time of the $120-million 2007 bankruptcy, Sherman was really the only creditor, and held the paper on everything Frank owned, including his home at the time, in Toronto’s Forest Hill neighbourhood.
Sherman rarely gives interviews, but D’Angelo is able to get him on the phone in short order and twist his arm. In the course of a five-minute conversation, he describes Frank as a “hard worker” at least eight times. Their business past was a disappointment, he acknowledges. “Some calculation errors were made that resulted in a substantial loss,” says Sherman, specifying that D’Angelo spent far too much promoting his brands and not enough distributing them. Yet that has no bearing on their current partnership. “When I make decisions, it’s always looking forwards, not backwards,” says Sherman. “And in terms of the films, I believe in him. The value substantially exceeds the costs.” The profits have yet to materialize, but Sherman doesn’t seem too worried. “I like helping people and Frank deserves to succeed.” We should all be lucky enough to have a friend like Barry.
Emphasis this is just my opinion:
I am only adding FD to the sketchy people we have discussed. There are a lot of people who wanted 'a piece of the Sherman fortune' my worst fear is some wouldn't take NO for an answer.
:cow:
