Partners & Ownership
Capital contributions and current ownership against the $134,595 project cost (PD Heights only — espresso machine leased directly by PD Corporate). Named partners share 90% of LLC equity; PD Corporate holds 10% for brand / IP / licensing per the Houston Partnership Agreement.
Jason
$50,862
40.00% of LLC · operator
Boi
$31,400
16.37% of LLC
Rob
$43,127
22.48% of LLC
Ray
$21,400
11.15% of LLC
🎉 CONTRACTOR PAID OFF — Mon 6/29. Jason's contractor payments: $10K wire 6/23 Tue + $5K Zelle 6/26 Fri + $5K Zelle 6/29 Mon = $20,000 Jason. Plus Rob $11,727 (6/26 Fri) = $31,727 total against $31,332 gross exposure ($395 rounding). $0 balance remaining.
Other Jason direct-pay this week: $966 Auto-Chlor dishwasher 6/23 Tue · $4,546.46 Best Buy — 2× Hisense 75" + 1× Hisense 55" TVs for digital displays (6/26 Fri) · $900 coffee grinder · $450 Home Depot 6/22 Mon. Jason now $50,862. Rob now $43,127 ($31,400 + $11,727 contractor equity 6/26). Chase business account: $2,000.
Current Ownership — % of LLC
| Partner | Contributed | Share of 90% pool | % of LLC equity |
|---|---|---|---|
| Jason · operator | $50,862 | 44.44% | 40.00% |
| Rob | $43,127 | 24.98% | 22.48% |
| Boi | $31,400 | 18.19% | 16.37% |
| Ray | $21,400 | 12.39% | 11.15% |
| Named partners subtotal | $146,789 | 100.00% | 90.00% |
| PD Corporate (Holdings) — brand / IP, non-cash | $0 | — | 10.00% |
| LLC total | $146,789 | — | 100.00% |
Equity LOCKED — no further capital contributions for equity. Jason at 40% LLC reflects operator premium for full-time on-the-ground execution (capital + buildout coordination + day-to-day operations).
Project cost (PD Heights only, excludes PD Corp-leased espresso): $134,595. Named-partner contributions ($146,789) exceed project cost by ~$12,194 (working-capital cushion). Contractor paid off; only $3,000 TABC license remains as future obligation.
PD Corporate's 10% is equity (per Partnership Agreement Section 2 & 6). They receive 10% of net profit distributions quarterly. Separately, the Business pays Holdings up to $3,000/month support fee (Section 7c — recurring corporate overhead, capped) and allocates 3% of gross revenue to a Local Marketing Fund (Section 7b — Houston-area marketing, not paid to Holdings). These are operating expenses, not equity.