Unity International, Inc., (hereafter also called Unity) cannot be duplicated because the ©Transition Documents
that make Unity possible are copyrighted and George M. Sistrunk owns the copyright.
However, Unity can be franchised. This report will briefly address the issue for the President and Vice President
of franchising Unity. The secret to Unity’s rapid funding capability is written in the Securities Act of 1933. Based
on the evidence, it seems no one in the Black community took the time to study the Act and develop transitional documents
based on it.
Unity’s documents are also based
on New Age Capitalism and George Sistrunk's ©Transitional Documents that are for Unity’s
exclusive use. In addition, they can only be used by Unity’s Board of Directors, Shareholders, General Partners and/or
Affiliates as long they follow and “Substantially Comply” with Unity’s Bylaws, Articles of Incorporation,
South Carolina’s laws and/or regulations, Federal laws and/or regulations and any applicable International law and/or
regulation. Any violation automatically terminates usage.
This is what happened in 1996 during
the renegade Administration of Dr. Clarence Joyner. Dr. Joyner and the Board of Directors that supported and followed him,
did not realize they were using copyrighted materials to build and fund Unity. Without, George M. Sistrunk’s copyrighted
materials, Unity was effectively a dead corporation with no viable means to continue funding or growth. Why is this so?
Understanding the Financial Reality
Of America’s African American Population
America’s African American population is effectively barred from owning, developing and operating major corporate
enterprises due to the Securities Act of 1933. Few if any Black Americans; of average means, will ever be able to participate
in corporate ownership at the founders level. The reason: Few, if any earn $200,000.00 a year or more from a business
enterprise or from passive investments; even few are worth $,1,000,000.00 (one million dollars). Passive investment income
is income an individual derives from rental properties, limited partnerships or other enterprises in which he or she is not
actively involved. As with non-passive income, passive income is usually taxable; however it is often treated differently
by the Internal Revenue Service (IRS). Click here for more information about passive income.
Contrary to popular belief, mega churches
are not business enterprises and working for the government is not business experience. Remove the need to get to heaven and
a church collapses. Remove the source of a personality cult or a charismatic minister, and the church collapses. Churches
survive off the need for a path to heaven and a minister’s preaching skills or spiritual acumen. They do not survive
from researching and developing products and/or services, in which, an investor, might have interest. Churches also survive
off their nonprofit status. A Church is a viable and legal means by which excess discretionary income can be donated as a
tax deductible contribution.
Back in the 1970s, representatives
Shirley Chisholm from New York and Barbara Jordan from Texas, made a gallant attempt to encourage corporate enterprises in
the Black America. The attempt failed due to the hurdles that had to be overcome. Recently, Black athletes and entertainers
have begun corporations, but the failure rate is astronomically high. The reason: Once the records they are selling,
the games they are playing or the movies they starred in or played in run their course, their income stops along with their
ability to fund their corporation.
The overwhelming majority of these
enterprises are funded from their own personal income and not from the development of marketable products and/or services.
Even when products are developed, they are based almost entirely on a personality or name recognition, i.e., Michael Jordan,
Earvin “Magic” Johnson, Lebron James and Tiger Woods are just a few examples. You probably can count on your fingers
the number of Black Americans that own shares of stock in any corporation they own, if indeed, they own any.
Unity’s Transitional Documents
A
New Age Corporqation™ makes it possible for any ethnic group that is not experiencing the financial
rewards of corporate ownership to fund and own multi-million dollar corporations. Since 1933, African Americans have been
unable to fund and own multi-million dollar enterprises that have the capacity to compete for market share. For centuries,
Black Americans talked about coming together to do something and up until 1933, they were moderately successful at it. Since
1933, African Americans have been stymied by the investment requirements of Federal law relative to non registered securities.
Unity’s ©Transitional Documents are written in strict compliance with Federal law relative to non registered
securities and are the only documents developed to date, that can turn "many paying a little to accomplish a major
corporate funding objective", into a reality. This can be done pursuant to Federal and South Carolina law and/or the
laws in any other state or country. No other concept/s or document/s are capable of funding a major $50,000,000.00 corporation
in the African American community or any community anywhere in the world. Unity’s transitional concepts are not taught
in any school and they are currently not for sale.
Franchising Unity
Even though Unity’s documents are not currently for sale, they can be sold as the cornerstone of a business development
model for minority communities anywhere in the world. Why is this so? The UCC, Uniform Commercial Code, governs the
vast majority of transactions on planet earth and the UCC has been adopted by all 50 states. Therefore, as a franchise package,
Unity’s corporate development concepts can fund any enterprise anywhere on earth because they “Substantially Comply”
with ARTICLE IX (9) of the UCC. Click here to learn more about UCC ARTICLE IX.
Now, to the purpose of this report. YES... UNITY
CAN BE FRANCHISED. Under the Federal Trade Commission’s (FTC) Franchise
Rule 436, all Unity has to do is give any prospective purchaser of Unity’s franchise the material information they need
in order to weigh the risks and benefits of such an investment. The Rule requires Unity to provide all potential franchisees
with a disclosure document containing 23 specific items of information about the offered franchise, Unity’s officers,
and any other franchisees, if any.
The required disclosure topics include,
(a) Unity’s litigation history, if any,
(b) Past and current franchisees, if any, and their contact
information, if any,
(c) Any exclusive territory that comes with the franchise,
if any,
(d) Any assistance Unity will provide... and...
(e) The cost of purchasing and starting up a Unity franchise.
If Unity makes representations about
the financial performance of its ability to fund corporations pursuant to Federal law, this topic must be covered in detail,
as well as the material basis backing up those representations. Click here for more information about FTC Rule 436.
The final advantage of Unity’s
system as a franchise is Unity’s return agreement that President Dorothy P. Snider; now, Dorothy P. Waymer approved
in 1996. Any one that wants out of Unity for any reason can return their ownership interest back to Unity and only back to
Unity. If the ownership interest is returned after 5 years, not only do holder/s receive the ledger value of $500.00, they
also will receive an additional $12.50. This represents a 2.5% return on the original value of their ownership interest in
Unity. Any returns, prior to 5 years ownership, only returns the ledger value of $500.00. When re-instated, Unity’s
1996 Bylaws and Articles of Incorporation are still in effect under the leadership of President Dorothy P. Waymer.
