Hopefully, this is the correct forum category and if it is not, I appologize.
Here is a brief history of our situation and I preface it that my partner and I need an Internet Specilaist Attoney.
The letter sent to several attorneys:
Here is what has happened... Why we need legal advice and or forms to alleviate a possible lawsuit before it happens.
Back in early Feb 2014, I (David) received an email asking if I wanted to be part of an authors group... The premise was to get
together and find varyous ways to sell our books and exchange ideas.
Several days later a girl and I decided that we were the TWO in the group who had a vision and wanted to take the next step and make
something bigger than just a discussion group looking to do book signings.
The group including my partner friend decided to have each of us put in $50 to cover costs of domains, servers, software and other tools
including building a website.
I David, never put in $50 and never received a penny of this money that was collected. I used my own money for the server, Aweber,
domains and website, besides the other software.
Now, my partner (The girl) have an LLC and using a domain name that I, David paid for and hosting.
The group was sent an email a month ago stating how much money I was having to spend and many said they didn't wish to spend more money,
some said they didn't believe it was a worthwhile project.
A couple days ago my partner in our LLC, held a meeting for the original members to discuss things and the members started talking
about how we decived them and that they should have been told they could have invested in our LLC.
My partner and I are doing everything with the company and in the original documents, discussed that these members would receive free
membership in the company and also, we would place them on a rotating basis, so they could receive affiliate commissions when the
link on the rotator showed them. It will rotate and each person has a 1 in 8 or so chance of coming up on a regular way.
Here's our (David and my partners) concerns. None of the other members has done anything but show some tips on writing and where
and how to hold book signings.
My partner and I have no interest in these 'book signings' and have done all the necessary steps in building a business.
We want to know whether we have to legally offer the other 6 members of the original group, a stake in the company? If we do, we
are thinking about asking $10,000 for each who wants to invest. How would be agree to give what percentage for their money.
The main goal is what do we need to do to protect our interest in the company.
We would like to solve this problem because with this hanging over our heads (David and partner), we won't launch our business.
Approximately, 2 months from now it would be ready. We must resolve this nagging issue so they have to either sign a form
saying, they will invest or if they can not, they were offered the opportunity and couldn't come up with the money or decided
against putting up the investment.
We have a list of all emails regarding the going back and forth with the group from the beginning till now.
Please let us know your rates and what you could do for us to protect what we have.
Thank you,
Here is a brief history of our situation and I preface it that my partner and I need an Internet Specilaist Attoney.
The letter sent to several attorneys:
Here is what has happened... Why we need legal advice and or forms to alleviate a possible lawsuit before it happens.
Back in early Feb 2014, I (David) received an email asking if I wanted to be part of an authors group... The premise was to get
together and find varyous ways to sell our books and exchange ideas.
Several days later a girl and I decided that we were the TWO in the group who had a vision and wanted to take the next step and make
something bigger than just a discussion group looking to do book signings.
The group including my partner friend decided to have each of us put in $50 to cover costs of domains, servers, software and other tools
including building a website.
I David, never put in $50 and never received a penny of this money that was collected. I used my own money for the server, Aweber,
domains and website, besides the other software.
Now, my partner (The girl) have an LLC and using a domain name that I, David paid for and hosting.
The group was sent an email a month ago stating how much money I was having to spend and many said they didn't wish to spend more money,
some said they didn't believe it was a worthwhile project.
A couple days ago my partner in our LLC, held a meeting for the original members to discuss things and the members started talking
about how we decived them and that they should have been told they could have invested in our LLC.
My partner and I are doing everything with the company and in the original documents, discussed that these members would receive free
membership in the company and also, we would place them on a rotating basis, so they could receive affiliate commissions when the
link on the rotator showed them. It will rotate and each person has a 1 in 8 or so chance of coming up on a regular way.
Here's our (David and my partners) concerns. None of the other members has done anything but show some tips on writing and where
and how to hold book signings.
My partner and I have no interest in these 'book signings' and have done all the necessary steps in building a business.
We want to know whether we have to legally offer the other 6 members of the original group, a stake in the company? If we do, we
are thinking about asking $10,000 for each who wants to invest. How would be agree to give what percentage for their money.
The main goal is what do we need to do to protect our interest in the company.
We would like to solve this problem because with this hanging over our heads (David and partner), we won't launch our business.
Approximately, 2 months from now it would be ready. We must resolve this nagging issue so they have to either sign a form
saying, they will invest or if they can not, they were offered the opportunity and couldn't come up with the money or decided
against putting up the investment.
We have a list of all emails regarding the going back and forth with the group from the beginning till now.
Please let us know your rates and what you could do for us to protect what we have.
Thank you,