Quote:
Originally Posted by andrewb70
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
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"Companies" perhaps, but as two individuals, it sounds like Travis is very green and eager while Jon was being deceitful. His old business partner Justin even passed on the deal! Sounds like Jon was hiding a mountain of debt with outstanding orders in that company and he tried playing hot potato with it. As soon as Travis announced 'ownership' I bet he got flooded with 'where's my order??' calls and bailed. !
I could be wrong... but I doubt either one will set the record straight since the courts are involved now.