According to a former Controller for Right Stuff Food Stores (1988-1990), Right Stuff and its “affiliate” Huddleston travel agency earned profits of $75 million dollars during 1988-1990. Robert Eaves Jr. was listed as CEO of Right Stuff, and a Director of Huddleston Travel, a North Carolina LLC formed in 1989 that described itself as a “foreign” corporation which enjoyed a “perpetual” license until it was finally shut down by the NC SOS in 1993 for failing to pay annual renewals and non-compliance with state reporting requirements for several years.
Today, The Right Stuff Food Stores is an active non-compliant LLC registered in Georgia as a beer and wine corporation, listing Robert Eaves Jr. as CEO and Manta reports that it is an administrative company with 1-4 executives. . Its check cashing license was revoked in 2007 by the Georgia Department of Finance when it expired and apparently hasn’t been renewed, according the the Department. So Right Stuff is not supposed to be advertising and providing ATM and Western Union Services for a fee, or other financial services.
On Gov. Perdue’s 2012 Statement of Economic Interest, she lists Eaves as President of Castle Corp. USA, a NC LLC real estate leasing company which hasn’t filed an annual report since 2010 and which lists Robert Eaves Jr. as both principal and President. No other employees are listed under Castle Corp. USA. A search of the NC Real Estate Commission database didn’t find a license for Eaves, which is mandatory per NCGS 93A-1.
Eaves Jr. is also Treasurer of Quail Woods Village Ltd., a land development company owned by himself and Gov. Perdue, and he is also the President and sole proprietor of American Credit of Chapel Hill, LLC. So Eaves Jr. controls the finances for three related family owned companies and is unlawfully leasing real estate, and running credit reports through his credit company.
The GA SOS database lists Robert Eaves Jr. as the CEO of Right Stuff Food Stores as of 3/11. (But Gov. Bev Perdue’s website says that her husband Robert Eaves Jr. sold Right Stuff Food Stores in 2009).
http://www.governor.nc.gov/firstFamily/bob.aspx
Loans made to Gov. Perdue’s campaign from Robert Eaves Jr. and Right Stuff Food Stores, a Georgia LLC corporation from 2005 to present are apparently not documented on the required NC State Board of Elections loan proceeds form (CRO-6100) and are not posted on the NC State Board of Elections database at all.
Many of the loans totaling over $1 million made to the Perdue campaign from 2005 to present are not documented at all as required by NC Campaign law.
And screenshots from the GA Secretary of State database show that Robert Eaves Jr. is still CEO of Right Stuff Food Stores LLC. as of 3/17/11. (He told The Sun Times that he sold the company in 2009).
As of 3/17/11, Right Stuff Food Stores is listed as active and non-compliant with Georgia LLC laws, and reports Robert Eaves Jr. as its CEO. Right Stuff Food Stores sale of company form and annual reports for 2010, 2011 and 2012 are missing from the GA SOS site. The annual LLC registrations listing Robert Eaves Jr. as CEO are current through 2011.
The Georgia Dept. of Finance closed The Right Stuff Food Store’s check cashing license on September 30, 2007 because it expired.
Link to Right Stuff Food Stores LLC filings on the Georgia SOS database:
http://corp.sos.state.ga.us/corp/soskb/Filings.asp?711005
Tax questions raised are:
1. Does the GA SOS have the missing annual reports for Right Stuff Food Stores for 2010, 2011 and 2012, and a document showing that Right Stuff Food Stores was indeed sold in 2009, and they just haven’t posted it for some reason here: http://corp.sos.state.ga.us/corp/soskb/Filings.asp?71005
- Where is form CRO 6100 documenting loans to the Perdue campaign from 2005 to present?
- Where is the repayment schedule documenting when Perdue plans to repay Right Stuff Foods, a Georgia corporation for the $275,000 it reported loaning to her campaign in 2005?
- Why did Perdue’s campaign tell WRAL News in 2008 that Robert Eaves Jr. was not involved in running the company and doesn’t draw a salary?
- Why does Gov. Perdue’s 2012 statement of economic interest report that her husband’s employer, job title and nature of business are not available? Withholding information from the State Ethics Commission is a Class 1 misdemeanor per NCGS 138A-26.
- If he doesn’t draw a salary, then how was he able to draw a loan of $275,000 from Right Stuff Food Store’s bank account in 2007 and lend it to Perdue’s campaign, and why is he listed as its CEO every year of the filings?
- Where is The Right Stuff Food Stores annual report showing financial statements including:
(a) balance sheet;
(b) income statement;
(c) statement of changes in equity or statement of recognized income and expense;
(d) cash flow statement; and
(e) a summary of significant accounting policies and other explanatory notes.
Has the Right Stuff Food Stores ever renewed its expired check cashing license? Its account was closed on September 30, 2007 by the Georgia Department of Banking and Finance.
Why is the website www.fuelserviceprovider.com registered to Robert@rightstuffcstore.com and to Ilya Kovalchuk at 5871 Glenbridge ave. suite 110, Atlanta, with the same phone number 404-257-8822? If this address is the Right Stuff Food Store Corporate office, then why doesn’t Hoovers or Dunn & Bradstreet have a record of it?
Is Right Stuff in compliance with GA Check Cashing rules 80-3-1-02?
Does Eaves Jr. realize that he has to repay Right Stuff Food Stores LLC for funds he loaned Perdue’s campaign using Right Stuff Food Stores funds? See NCGS 163-278.15 below left. A resume from a former Controller of Right Stuff Foods reports profits as over $75 million, so an annual report is due. How did Dunn & Bradstreet miss this LLC? Here’s an excerpt from the former Right Stuff Contoller’s resume:
The Right Stuff Food Stores, Inc. & Huddleston Travel Services, Atlanta, Ga. 1988 to 1990
Privately held convenience food store operator with 14 locations, affiliated with a four location travel agency with operations in Georgia and North Carolina.
VP Finance- Responsible for the accounting functions of two mid-sized companies (totaling $75M in revenues) including financial statements, tax filings, banking and cash management, inventory control, data processing, and profit sharing plan.
• Organized and directed acquisition of convenience food stores and travel agencies.
• Integrated multiple accounting systems, merged two operating units, reduced overhead, increased automation, and enhanced internal controls.
http://www.postjobfree.com/resume/vm8ll2/v-p-accountant-outside-sales-cpa-atlanta-ga-30319
If money from
a specifically unlawful act (SUA) is commingled with funds generated from legitimate sources, all of the
funds are subject to confiscation. If the laundered money is then converted into other assets (e.g., stocks,
bonds, homes, cars, etc.), the other assets are subject to forfeiture. Furthermore, if the other assets are in
the names of persons other than those involved in the money laundering or criminal activity, the assets
would still be subject to forfeiture. Criminal, civil, and administrative seizures are facilitated with a seizure warrant.
