Quote:
Originally Posted by CS
Here's my only question. You're were at one time a CFO. You have been heavily involved in business for many years - you dropped/sold everything you knew to fly to the US and become a (from your description) consultant with no stake/equity/share in the business? And without knowing the financial situation of the company before you did it? You didn't even sign a contract? This doesn't all add up.
I feel for your situation, but it certainly sounds like you failed to do your due diligence. For someone with your represented level of business experience, that is inexcusable.
|
thank you for your conclusions.
1 - I did fail to enforce a demand for financial statements, by this stage there was so much goodwill I made a bad error in judgment I would never do again nor have counselled others to do
2 - we had agreed to go 50/50 didn't you read? The agreement was 50/50 on a JV. He simply was credited with the full value of his business to date which is only fair. The problem was he wanted me over there in haste, and so we agreed to sign it off when we got there.... so yes, I humbly have to say I trusted him at that point enough I actually flew over there with the family because this was a lifetime dream to build a vision like we had, I dropped my CFO hat in my own excitement and trusted Jason to keep his word.
When we arrived, he was not willing to sign anything, but he did not say that outright, he hedged and played it out while we slowly exhausted our resources over time. So this is not about blaming Heffner for everything, I take responsibility for my part. This is about exposing the guy for what he is.... and I'm not done.
That failure to sign anything on arrival effectively gave me zero leverage at that point. He already had my 10 year plan - which he has been following... but we'll talk about that later
It's not even about revenge, call me old fashioned, I just feel that when you spend $50k of your hard earned money you should spend it with someone with genuine integrity not pretend, and that you should get the kind of quality that money would suggest, not a mustang hot up mentality with a viper tax that simply looks the part.
I'm out, till I'm back
