WildGorillaMan wrote:That's an unusual situation and I'm sure it couldn't happen in another set of circumstances where new owners are at odds with the old.
LOL
I'd like to know the full story but it'll never come out.
You think he got greedy and took a deal that was too good to be true? A bit of here take my money and we'll never change a thing.
WildGorillaMan wrote:That's an unusual situation and I'm sure it couldn't happen in another set of circumstances where new owners are at odds with the old.
LOL
I'd like to know the full story but it'll never come out.
You think he got greedy and took a deal that was too good to be true? A bit of here take my money and we'll never change a thing.
That's certainly never happened before. The fitness and fitness apparel business is almost always on the up and up.
Hostile Corporate Takeover Reported at House Of Pain IronWear (Rick Brewer “Locked Out” Of His Own Offices By His New “Partners”!)
Can someone explain to me how in the hell this happens?
Did he not read his contract? Did he allow them to buy controlling interest and just count on them not fucking him?
This is not uncommon with companies that started out of someone's garage or home office. They grow and build a brand based on handshakes and a reputation for delivering quality products and services. They grow without adding formal business processes and controls because "this is how they did it in the past and it worked just fine." They don't call their lawyer until it's too late.
Ironically, it's not the fine print that gets you. There is usually a very obvious clause or two that gets brushed off with a "we would never do that; the lawyers just told us to put this in here."
