Attention all KY-Turbo Customers, Supporters, and Friends:
12-07-2012, 03:00 PM
#401
LS1Tech Co-Founder
iTrader: (34)
Hi guys, just back from Miami.
It's a shame when someone throws in the towel because they think they can't catch up and fix it. He's probably planning to file bankruptcy at some point if the system allows him too. It sounded like he did back in 2008 if I read one of the earlier posts right. I don't think you can file BK twice in 7 years but I don't know that 100%.
If he is and can file BK then it's done, and that's it. If not, he can work with folks or lose a bunch of judgement and get his wages garnished as well as other things.
Thing is, folks were pretty patient to a point and when they stopped cutting him slack he got holier-than-thou because of his denial on this all being his fault. It's a sick feeling when you really are honest with yourself, I've been there.
I encourage Josh to reach out to folks, try to figure out a way forward. Stop cutting yourself slack and lying to yourself. This is your life, your decisions, and they affect other people. Be accountable. Be someone that you would really respect. Man up and do what you would expect someone to do if you were the customer.
Best,
John
It's a shame when someone throws in the towel because they think they can't catch up and fix it. He's probably planning to file bankruptcy at some point if the system allows him too. It sounded like he did back in 2008 if I read one of the earlier posts right. I don't think you can file BK twice in 7 years but I don't know that 100%.
If he is and can file BK then it's done, and that's it. If not, he can work with folks or lose a bunch of judgement and get his wages garnished as well as other things.
Thing is, folks were pretty patient to a point and when they stopped cutting him slack he got holier-than-thou because of his denial on this all being his fault. It's a sick feeling when you really are honest with yourself, I've been there.
I encourage Josh to reach out to folks, try to figure out a way forward. Stop cutting yourself slack and lying to yourself. This is your life, your decisions, and they affect other people. Be accountable. Be someone that you would really respect. Man up and do what you would expect someone to do if you were the customer.
Best,
John
12-07-2012, 07:34 PM
#402
Launching!
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Why would you incorporate another mans business? I personally love paying taxes (Employee,Unemployment) for something I have no stake in.....
I am assuming this to be a S-Corp which does nothing more that act as a tax shelter, Sue away he is accountable.
I am assuming this to be a S-Corp which does nothing more that act as a tax shelter, Sue away he is accountable.
12-07-2012, 07:38 PM
#403
Staging Lane
Join Date: Jul 2005
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Didn't you use to post over at syty.net?
12-07-2012, 08:40 PM
#404
OMFG this brought ELEC out of the woodwork!!!!
12-07-2012, 08:44 PM
#405
Hmmmmmm. I wonder how much of the stuff "stolen" from Bowling Green is now in New Mexico?
here is a kit up for sale built buy racefab.
For a new business they already have sold quite a bit on ebay.
https://ls1tech.com/forums/forced-in...-hot-side.html
http://www.ebay.com/itm/ls1-turbo-ki...490418&vxp=mtr
here is a kit up for sale built buy racefab.
For a new business they already have sold quite a bit on ebay.
https://ls1tech.com/forums/forced-in...-hot-side.html
http://www.ebay.com/itm/ls1-turbo-ki...490418&vxp=mtr
Last edited by pwrtrip75; 12-07-2012 at 08:55 PM.
12-07-2012, 10:09 PM
#411
On The Tree
Join Date: Nov 2012
Location: Weare, NH
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Hmmmmmm. I wonder how much of the stuff "stolen" from Bowling Green is now in New Mexico?
here is a kit up for sale built buy racefab.
For a new business they already have sold quite a bit on ebay.
https://ls1tech.com/forums/forced-in...-hot-side.html
http://www.ebay.com/itm/ls1-turbo-ki...490418&vxp=mtr
here is a kit up for sale built buy racefab.
For a new business they already have sold quite a bit on ebay.
https://ls1tech.com/forums/forced-in...-hot-side.html
http://www.ebay.com/itm/ls1-turbo-ki...490418&vxp=mtr
Did you check out their site? racefab.com this isn't the same company or guy.
12-08-2012, 03:22 AM
#414
IDK. Seems too perfect.
12-08-2012, 07:39 AM
#415
Yes, their website says that is their new home. What are the odds a company making the exact same parts the exact same way for the exact same application with the exact same name? Maybe it is a different place... their facebook page was just created Sept 29th. Fairly new.
IDK. Seems too perfect.
IDK. Seems too perfect.
12-08-2012, 08:21 AM
#418
TECH Fanatic
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looks like a turbo and chassis shop. its probably not the same but damn what a coincidence. i searched the new mexico site for corporations name racefab and came up empty. only one was something from 95 that dissolved in 98. hell he stole everything else why not steal a name from a company.
12-08-2012, 08:53 AM
#419
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looks like a turbo and chassis shop. its probably not the same but damn what a coincidence. i searched the new mexico site for corporations name racefab and came up empty. only one was something from 95 that dissolved in 98. hell he stole everything else why not steal a name from a company.
