Your Day

GuD · 07-13-2017, 10:26 PM

I found work!

And am sober.

Ahhhhh

Soon I will be able to buy a guitar, weed, and a skateboard. Kinda need a place to stay first though.

~~Cuthbert~~ · 07-14-2017, 01:29 AM

Quote:

Originally Posted by Chula Vista

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

Aloysius · 07-14-2017, 04:36 AM

Quote:

Originally Posted by Chula Vista

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

Ah now! Any cat who doesn't appreciate good seventies soul....

Booooooo, not punny.

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

Booooooo, not punny.

Porque is picking with treats.

Grats on that heavy weight being lifted Chula.

Oddly enough, we have those too:

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

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.

**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

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!".

07-13-2017, 10:26 PM	#45071 (permalink)
GuD Dude... What? Join Date: Oct 2013 Posts: 1,322	I found work! And am sober. Ahhhhh Soon I will be able to buy a guitar, weed, and a skateboard. Kinda need a place to stay first though. __________________ I spit bullets in my feet Every time I speak So I write instead And still people want me dead ~msc

07-14-2017, 01:01 PM	#45078 (permalink)
Chula Vista Toasted Poster Join Date: Oct 2014 Location: SoCal by way of Boston Posts: 11,332	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. __________________ “The fact that we live at the bottom of a deep gravity well, on the surface of a gas covered planet going around a nuclear fireball 90 million miles away and think this to be normal is obviously some indication of how skewed our perspective tends to be.” Last edited by Chula Vista; 07-14-2017 at 01:12 PM.

07-14-2017, 02:08 PM	#45079 (permalink)
Frownland SOPHIE FOREVER Join Date: Aug 2011 Location: East of the Southern North American West Posts: 35,548	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. __________________ Studies show that when a given norm is changed in the face of the unchanging, the remaining contradictions will parallel the truth. d e a f b o x