Tuesday, May 12, 2009

One of those days

You ever have those days where it seems like either everyone you come into contact with is crazy? Either they are nuts or you are---the last few days has been like that for me. Those Dr. Horsepower guys Steve Scholl and Jim McCormick have flipped a switch.

On 2/27/09 I posted that I had been meeting with them again--(against my better judgement)---and they again wanted me to run the company and get the company off the ground. I met with them maybe 4 or 5 times and after looking closely at the company it became apparent that they needed some help and my background could be hugely valuable to this enterprise.

We discussed my salary and I told them that if I was going to dedicate more of my time to this project they needed to pay me. That became a problem for them----I am not really sure why but, Jim and Steve kept saying to join the company and just go out and raise your salary. I have no problems raising money but, I would rather join a company that is able to sustain typical overhead and spend my time raising money for growth and operational needs. I have invested in many private placements and it is my opinion that a private raise should not be for executive salaries but, that is just my thinking. It is possible that people are happy to pay someone to try and get a company started. More on this later.

Jumping forward to May 10 or so---out of the blue I get an email from them saying that they read my blog and that I didnt fit the company image because of my height. I was completely stunned. Where were these guys coming from and what prompted them to send that to me I have no idea. It was so crazy it was humorous. I sent the email to some people who were familiar with my meeting with them and asked for some opinions.

After me sending this out-----somebody thought it was funny to begin a blog. I wont give out the address at this time. I wont give it out because now these guys are threatening to sue me. What they are going to sue me for I really dont know. I have closely read the blogs and the items mentioned in it are common knowledge to anyone remotely familiar with the companies operations. All through this process I have never been asked to sign an NDA, non-compete or anything that would bind me to secrecy.

the only thing I can think of is that these guys are scared that during the fund raising process people will begin to ask certain questions that would be difficult to answer. In my opinion these issues are easily deflected because I am sure a paper trail is non-existant. That is if--they ever happened at all. I think they are also concerned about their other venture Dr. Prison.

The moral of the story is to carefully watch whom you try to do business with as you never know who is absolutely nuts and will threaten to sue you later. I hopefully have learned my lesson---and you know what my wife told me all along these guys were a waste of time---I just wasnt smart enough to heed your "womans intuition".

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