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The current status of Ram Controls:
smalltownguy:
--- Quote from: pinballjim on June 17, 2011, 09:39:44 am ---Apparently Dan's an exceptionally busy business man with all the time in the world to post on forums and respond to e-mail from Chad.
:applaud:
--- End quote ---
He responded quickly to my requests too.
Zakk:
--- Quote from: pldoolittle on June 17, 2011, 10:12:27 am ---
--- Quote from: dan_ram on June 16, 2011, 08:07:31 pm ---I am not too concerned with what liabilities Dave has, that is really not my concern. If people can get blood out of that turnip I will commend them. My concern is to salvage the business, make things right with those owed, and release some new products.
--- End quote ---
You would do well to be *very* concerned about what happens with Dave. Your contracts with Dave don't mean a hill of beans here. When a business engaged in fraud dumps assets, especially large percentages of the total assets, the court can (and often does) seize those assets until the issue is resolved. Also, unless you paid fair market value the court will likely go over your transaction with a microscope to see if you were unfairly enriched. And if they feel you were, they may well seek to enjoin you in the case as a co-conspirator.
At the very least, you stand find yourself owning nothing more than a domain name, an empty warehouse, and a pile of debt.
--- End quote ---
Legal advice from a first time bandwagon poster! Well at least we now know KLOV people have smelled blood in the water. :laugh2:
milkit:
--- Quote from: Malenko on June 17, 2011, 09:32:28 am ---
--- Quote from: milkit on June 17, 2011, 09:28:51 am ---one thing that confuses me...
you say you took over ram controls because he owed you $25k worth of stuff. Yet you also say you aren't from an arcade background.. so why were you dealing with RAM?
--- End quote ---
I took it as he bought stock, as an investment.
Dan, what about the money Ram controls owed to people like GameRoom mag for advertising? Im pretty sure him not paying is what was the nail in the coffin of that awesome mag (well, it needed more pinball too)
--- End quote ---
he said in first post that like many people, dave owed him money. $25k. so, why did dave owe him 25 grand if this guy doesnt have an arcade background is my question. why else would an arcade company owe him that
Zakk:
--- Quote from: milkit on June 17, 2011, 10:53:27 am ---
--- Quote from: Malenko on June 17, 2011, 09:32:28 am ---
--- Quote from: milkit on June 17, 2011, 09:28:51 am ---one thing that confuses me...
you say you took over ram controls because he owed you $25k worth of stuff. Yet you also say you aren't from an arcade background.. so why were you dealing with RAM?
--- End quote ---
I took it as he bought stock, as an investment.
Dan, what about the money Ram controls owed to people like GameRoom mag for advertising? Im pretty sure him not paying is what was the nail in the coffin of that awesome mag (well, it needed more pinball too)
--- End quote ---
he said in first post that like many people, dave owed him money. $25k. so, why did dave owe him 25 grand if this guy doesnt have an arcade background is my question. why else would an arcade company owe him that
--- End quote ---
Cocaine. duh.
milkit:
--- Quote from: RayB on June 16, 2011, 07:01:10 pm ---
Also, I'd like to point out that the domain name records show the following:
Record expires on 21-Jun-2011
Record created on 21-Jun-2006
Database last updated on 28-Jun-2010
This means that the domain has NOT been transferred to you, otherwise the database update date would be more recent than almost a year ago.
--- End quote ---
the who is info actually does show a change on june 9
Updated Date: 09-jun-2011
Creation Date: 07-jul-2006
Expiration Date: 07-jul-2012
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