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made it better, that's all I know.

Q. Okay. So you don't knowwhat the

state was before and what the state was after?

A. Not in any form ofcertainty, no.

Q. Okay. And do you knowif it

accomplished what it was intended to accomplish?

A. My understanding is that -- that

this -- yes. I guess. I don't know. I hope so.

I don't know.

Q. But you don't knowwhat -- exactly

what that was?

A. Ireally don't.

Q. Okay. Number 85 in your stack is the

Flag Football World Championship Tour balance

sheet as of December 31, 2023.

A. Okay.

Q. And there are afewfinancial

documents that you-all have produced in this case

that look like this. Is there a particular

system that these are run out of, or does your

accountant keep your books? Howdoes that work?

A. He keeps our books and they are run

out of QuickBooks.

Q. Okay. And Iasked Chuck this

yesterday but just in case, is there a document

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A. I don't know what that means.

Q. Well,could I look in here --

A. You mean from an acquisition

standpoint?

Q. No. From an asset perspective. Like

you've got aline item here, total current

assets,and I'm trying to figure out is any

amount in the total current assets line

attributable to a brand valuation?

A. I would say no. I mean, our

accountant would -- I've never gone over anything

like that with our accountant. I don't think he

would have any information to do that on his own,

so I don't believe so.

Q. You've never had aevaluation done?

A. We have not. Not officially.

Q. Tell me about Paul Sarvadi's

involvement with FFWCT and USAFlag.

A. He's our investor. As I mentioned,

he's a silent partner so he's in our -- what that

means for us, the normal term -- oh, sorry --

that he basically believes in our vision,

believes in what we're doing, and has contributed

funds to help us accomplish them.

Q. Howdoes he knowwhat your vision is

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like this or asimilar financial statement for

USAFlag?

A. Yes.

Q. It has its own books?

A. It does.

Q. Okay.

A. It's very easy because there's not

much there.

Q. Nothing besides the payments in and

out to Natalie; right?

A. Yeah, I believe. And payroll --

whatever normal payroll expenses and stuff.

Q. Okay. And Iasked him this

yesterday,and I want to ask you this.

Is there any line item on this

balance sheet that reflects your viewabout the

value of the USAFlag trademark?

A. It reflects the view of the value?

Q. Do you believe that -- that the

USAFlag brand has a value?

A. Yes.

Q. Do you knowwhat the value is?

A. No.

Q. Is it something that is reflected on

any of your financial statements?

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and what you're doing?

A. From me.

Q. Howoften do you talk to him?

A. Maybe -- typically, maybe once a

month.

Q. Do you call him or he calls you?

A. Typically I would call his secretary.

Q. And ask to speak with him?

A. Yes.

Q. Okay. Is he a busy guy?

A. Yes.

Q. What sorts of things do you tell him

about when you call him?

A. It just depends on what the topic of

the day is. Typically I'm giving him updates or

asking him for -- giving him some insight on what

we're doing and -- and seeing what his opinion

would be or potentially as like an advisor type.

Q. As an advisor type did you say?

A. Yes, ma'am.

Q. If you wanted to sell USAFlag, would

you need his consent to do that?

A. I mean, I think -- I don't know what

a the legal answer to that is meaning that he's a

third party, he is an actual investor, so I would

Transcript of Travis Burnett, Corporate Designee & Individually 94 (373 to 376)

Conducted on April 12, 2024

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Case 4:23-cv-00465-ALM Document 84-6 Filed 07/05/24 Page 1 of 1 PageID #: 3108