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-   -   Notice for All... (https://www.lateral-g.net/forums/showthread.php?t=36395)

street3285 04-09-2012 07:24 PM

Notice for All...
 
I wanted to post this as clarification for all. I am not, and wasn't the owner of Driverz Inc.. The business deal did not work out, and as a result, I never did become the owner of Driverz, Inc.

I will not comment anymore about the situation.

- Travis

Ron in SoCal 04-09-2012 07:50 PM

IMO Travis...too late. You're in too deep. Trying to skirt any responsibility w a single forum post without a believable/plausible explanation is laughable.

You might've been better off staying silent.

Rick D 04-09-2012 08:04 PM

^^^^^:yes: :yes: :yes:
WAY TO LATE!!

John510 04-09-2012 08:44 PM

Quote:

Originally Posted by street3285 (Post 406790)
I wanted to post this as clarification for all. I am not, and wasn't the owner of Driverz Inc.. The business deal did not work out, and as a result, I never did become the owner of Driverz, Inc.

I will not comment anymore about the situation.

- Travis


Uhhh according to your post its a different story dude...

http://www.pro-touring.com/showthrea...p-Introductory

Sieg 04-09-2012 08:58 PM

OJ Simpson obviously made more of an impression on CA residents than I thought.

makoshark 04-09-2012 09:33 PM

Boy this is getting ugly and too frequent these days. These type of frequencies with so many different businesses going under and leaving customers out to dry is going to hurt the remaining companies still in business. I know, now, I'm going to be a lot more careful in the future making internet purchases.

Tony_SS 04-10-2012 05:56 AM

Quote:

Originally Posted by makoshark (Post 406818)
Boy this is getting ugly and too frequent these days. These type of frequencies with so many different businesses going under and leaving customers out to dry is going to hurt the remaining companies still in business. I know, now, I'm going to be a lot more careful in the future making internet purchases.

Exactly, there are countless other vendors that operate with honesty and integrity. It's too bad that a few liars and thieves could ruin that for the rest of the people who are trying to make an honest living.

Travis if you weren't ever the owner you should have never pretended to be it.

andrewb70 04-10-2012 07:00 AM

Quote:

Originally Posted by Tony_SS (Post 406851)
......

Travis if you weren't ever the owner you should have never pretended to be it.

I would like to make a point, but please know that I have never met any of the parties involved, nor have I purchased any products from them. What I am about to say should not be seen as defending anyone.

It is not uncommon for a company to announce new ownership prior to the actual legal standing of "ownership." Many companies do this to facilitate a smooth transition because changing ownership is not like flipping a switch. It is also entirely possible that once a potential buyer digs deeper into the workings of a business, they realize that things are not as they were initially presented to them. Thus, in any deal, be it the sale of a car, house, or business, it is not done, until it is DONE! Intent to purchase is not the same as the act of purchase.

Andrew

buickfunnycar.com 04-10-2012 08:13 AM

Quote:

Originally Posted by makoshark (Post 406818)
Boy this is getting ugly and too frequent these days...

You can say that again...the foundation of this community is very fragile about now.

To say I'm shocked would be a huge understatement...

novanutcase 04-10-2012 10:24 AM

Quote:

Originally Posted by andrewb70 (Post 406853)
I would like to make a point, but please know that I have never met any of the parties involved, nor have I purchased any products from them. What I am about to say should not be seen as defending anyone.

It is not uncommon for a company to announce new ownership prior to the actual legal standing of "ownership." Many companies do this to facilitate a smooth transition because changing ownership is not like flipping a switch. It is also entirely possible that once a potential buyer digs deeper into the workings of a business, they realize that things are not as they were initially presented to them. Thus, in any deal, be it the sale of a car, house, or business, it is not done, until it is DONE! Intent to purchase is not the same as the act of purchase.

Andrew

Most companies that understand how business is SUPPOSED to be will NEVER introduce any change in ownership until it is LEGALLY transfered. Sounds like our boy jumped the gun. I don't have a dog in this fight but it sounds to me that maybe Jon "overstated" some of the virtues of the company and when Travis got in there and was able to really see what was going on he backed out.

My question is why would you even get close to closing a deal and announcing that you are the new owner without having audited the books in a way that would confirm moving on with closing said deal? Obviously the ownership change was done prematurely although there are certain disturbing timeline issues that don't bode well for Jon.

I don't think he intentionally tried to rip people off but then again, when you're drowning, many times you'll cling to whatever just to keep your head above water rationalizing that once you get back on track you'll make good on the deal. Not making excuses for the man but I've seen this scenario play out many times.

Do I think he should pay back every penny that was taken from customers that never received product? Of course, but as mentioned, you can't squeeze blood from a stone. I would hope that if NewGen takes off, I doubt it but if it does, Jon would have the integrity of making good on his debts even if, legally, he is not beholden to them.

Another question I have is where did the money end up? There seems to be some confusion as, supposedly, monies were being deposited into Mr. Hensons account even though the ownership and account transfer had already been done and should have, by Jons own account, been deposited into Driverz's account which, supposedly, had been already transferred into Travis's name. So who got the money? My guess is Travis bought the business from Jon and, after having seen how things really were, decided to pull his money back out and the only way he could do that was to raid the coffers. Who loses? The customers. Why? Because they gave their money to people who don't know how to run a business. JMO.

John


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