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Cuthbert 07-14-2017 01:29 AM

Quote:

Originally Posted by Chula Vista (Post 1855425)
Number of times I'll post about this again: 3-4

lol

Happy for you man, now you can eat more and make some gains :afro:

Aloysius 07-14-2017 04:36 AM

Quote:

Originally Posted by Chula Vista (Post 1855388)
It's Over.

Today, US megacorp transferred a quarter million dollars into our bank account and wired another quarter million over to the China factory. As part of the settlement we get to write off over a million dollars of debt off our books, making our bank extremely happy.

Personally, I get no big payout. Actually I get no payout. But we do get a 2.5% commission from here on out on the products that were stolen from us. Our sales were averaging about 6 million a year so that's $150K net profits, which at this point is pretty damn sweet considering the company is only 3 people and really has no overhead.

This has been going on for 2 years and 10 months and consumed easily over 5,000 hours of my time. Very surreal getting the news this afternoon that it's all behind us. Seriously did not know know what to feel.

Bad news? I can't retire a wealthy man.
Good news? I still have a job.

Nice work! I know a couple of people who have had medium sized businesses fold on them, and it can be a real knife edge which side of the ledger you end up on.

djchameleon 07-14-2017 05:08 AM

Quote:

Originally Posted by Trollheart (Post 1855240)
Ah now! Any cat who doesn't appreciate good seventies soul.... ;)

Booooooo, not punny.

https://www.temptationstreats.com/im...l.png?sfvrsn=0

Porque is picking with treats.

Grats on that heavy weight being lifted Chula.

Trollheart 07-14-2017 05:23 AM

Quote:

Originally Posted by djchameleon (Post 1855472)
Booooooo, not punny.

https://www.temptationstreats.com/im...l.png?sfvrsn=0

Porque is picking with treats.

Grats on that heavy weight being lifted Chula.

Oddly enough, we have those too:
https://s-media-cache-ak0.pinimg.com...da33ff1dd8.jpg

djchameleon 07-14-2017 05:24 AM

All of my other fur babies go crazy for them but not him so much.

Plankton 07-14-2017 08:04 AM

Quote:

Originally Posted by Chula Vista (Post 1855388)
It's Over.

Today, US megacorp transferred a quarter million dollars into our bank account and wired another quarter million over to the China factory. As part of the settlement we get to write off over a million dollars of debt off our books, making our bank extremely happy.

Personally, I get no big payout. Actually I get no payout. But we do get a 2.5% commission from here on out on the products that were stolen from us. Our sales were averaging about 6 million a year so that's $150K net profits, which at this point is pretty damn sweet considering the company is only 3 people and really has no overhead.

This has been going on for 2 years and 10 months and consumed easily over 5,000 hours of my time. Very surreal getting the news this afternoon that it's all behind us. Seriously did not know know what to feel.

Bad news? I can't retire a wealthy man.
Good news? I still have a job.

Excellent news.

Chula Vista 07-14-2017 01:01 PM

A bit on the lawsuit just to add some perspective:

We had 2 independent lawyers on our side working out of a small office downtown. It's all we could afford.

US Megacorp had these guys:

http://www.dyk e ma.com/ (Remove the spaces from both sides of the E.)

15 US offices, 425 lawyers, $220 million in revenue last year

China Factory had these guys:

https://www.gtlaw.com/en

38 offices worldwide, 1730 lawyers, $1.4 billion in revenue

It was a senior partner of this firm that found the loophole that got our contract thrown out.

I guess we never really stood a chance.

On the plus side both US Corp and China dude probably spent anywhere from 5-7 times more than we had to. :finger:

Frownland 07-14-2017 02:08 PM

I told a coworker that I didn't want to hold their baby with a simple "no thanks" and I think I just made an enemy.

Chula Vista 07-14-2017 02:14 PM

Quote:

Originally Posted by Frownland (Post 1855577)
I told a coworker that I didn't want to hold their baby with a simple "no thanks" and I think I just made an enemy.

On the plus side, about 25 years from now that child will search you out to say "Thank you!".

Frownland 07-14-2017 02:15 PM

Truth. The earlier in life you learn that there are assholes out there that dislike you for no reason in particular, the better.


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