1 min read
Sources:
Form 1-A, Form 1-K
["rose","lime","default","lime"]
Short answer
Not through votes, which his family trust holds entirely, but through disclosure and outside checks: annual audits under public-company standards, semiannual and annual SEC filings that name every related-party deal, a board that approved the purchases from Kevin with him absent and on appraisals, a nine-month SEC review that closed with no action, and the option plan, which pays management only if the company grows past hurdles years out. Investors who want a vote will not find one; investors who want a paper trail will. 123
Investor votes: None (family trust holds 100%)
Audits: Annual (PCAOB standard)
Related-party deals: Disclosed, appraised (approved with Kevin absent)
SEC review: Closed, no action (February 2026)
What investors do not have
Voting power. The Paffrath family trust holds 100% of the voting stock; every class sold to the public is non-voting or converts into non-voting stock. The offering circular lists that as a risk. 1
What they have instead
Audited financial statements every year under PCAOB standards, and a half-year report in between. Disclosure of every related-party transaction: the 2024 building bought from Kevin for $1.6 million against an appraisal of about $1.85 million, the 2025 office bought from his affiliate for $920,000 against appraisals of $980,000 and $1,000,000, both approved by the board with Kevin absent; his $6 million of bonds on investor terms; the aircraft he provided without reimbursement until it was sold. A director, Ross Gerber, retained to provide ongoing net asset value evaluations. And the SEC’s nine-month look at all of it, which closed with no action. 123
The incentive
The 2025 option plan grants management options that vest no earlier than December 2030 and only if the company’s value passes hurdles starting at $200 million. Management is paid for growth that has not happened yet, which aligns with investors who need the same thing.
This site
Is one more mechanism: a public, sourced, correctable record of what the company and its founder have said and done.
Accountability here is disclosure, audit and a regulator, not a shareholder vote. Know which one you are buying. 123
Simply put
✅ What you do not get
➡️ A vote. Kevin's family trust has all of them.
✅ What you do get
➡️ Audited books every year. Filings twice a year that list every deal with insiders.
➡️ A board that priced the insider deals off appraisals with Kevin out of the room.
➡️ A regulator that looked at everything for nine months and closed the file.
✅ The long game
➡️ Management's big payday, the option plan, only happens if the company is worth far more in 2030 and after.
Sources
Form 1-A, Voting Rights; Interest of Management and Others in Certain Transactions (related-party purchases at appraised prices, approved with Mr. Paffrath absent) Open the filing
Form 1-A, Business, financial reporting (annual PCAOB audits) Open the filing
Form 1-K, Legal Proceedings (SEC investigation closed February 9, 2026) Open the filing
