From Steven Pressman's "Outrageous Betrayal: The Dark Journey of Werner Erhard from EST to Exile" (p. 48):
For Erhard and EST, the convoluted financial journey began in October 1971 when [tax lawyer Harry] Margolis shuffled some legal documents that instantly turned one of his dummy corporations, the Saratoga Restaurant Equipment Company, into Erhard Seminars Training Inc. The newly transformed corporation announced in one of its charter documents that it was "no longer functioning as a restaurant equipment company, but as an organization for the development of human consciousness."
. . .
Friday, February 8, 2013
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