OK, recall last night that I said I may need some help. Here it is:
It involves sourcing something that has come into my possession.
Does anyone here know about Disney's use of the Compass Rose Corporation, incorporated in April of 1965? It is listed as the company of record for various FCC licenses (a sample is here
http://www.radioreference.com/apps/db/?action=fle&stid=12&en=COMPASS ROSE CORPORATION ...) and appears to have been, initially, a tool for land acquisition during Walt's days.
It is listed as an "affiliated company" and the ownership of the same by TWDC does not appear to be clear or complete -- I would say more muddled. Yet, Disney's typical roster of corporate agents and officeholders out of Burbank and Glendale is there for this 'Compass Rose Corporation'.
I know Compass Rose has been utilized by TWDC to obscure real estate transactions over the years to the present day. In fact, not too long ago, Disney sold 234 acres to Horizon West (the master-planned development north of the MK and south of Windermere) for the rather small, curiously so, amount of $18 million.
Compass Rose Corporation is separate and distinct, however, from the shell companies employed by Disney to acquire the land on which WDW itself was built. Those companies are known to be Latin American Development, Ayefour Corporation, Tomahawk Corporation, Reedy Creek Ranch Inc., Bay Lake Properties Inc., and Compass EAST Corporation.
The other aforementioned shell corporations were folded into Compass East in September of 1966 which a year later became the Walt Disney World Company. Standing alone, Compass Rose Corporation has existed and operated for nearly 50 years now. Largely, it appears, to dissolve of real estate and hold the telecommunications backbone of Disney's resort properties. (Although, as just one anomaly of many produced, the site vacationsurvey.com, for example, was a Compass Rose Corporation endeavor.)
The former Buena Vista Communications/Vista-United is now part of Smart City Telecom, but Compass Rose appears to hold much of the required licensing for the flow of communications at WDW. And, again, shows itself in real estate transactions where there is an apparent intent to distance WDW and TWDC from the operations of Compass Rose.
I have been made aware of various items of interest that indicate Compass Rose Corporation has a more significant role and the FCC licenses attached to it may speak to that as does Disney's effort to make this apparent subsidiary appear to be something other than that.
Does anyone here have any more information on how and why Disney is employing this very old tool of Walt's era?
If you wish to keep it private, then that is fine too ... PM me and we can take it off the site to email.
There's just some 'odd' things that may be perfectly normal with an explanation so ... anyone help?