Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
|
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
|
Thread Tools |
08-04-2014, 11:58 AM | #1 |
I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,310
|
Guy gets FUCKED (not sexual, business)
This dude has been in business for years and all of his stuff is tagged "All Material and Information is Owned by His Company, LLC | All Rights Reserved" - yada yada yada. Someone found out that he let his LLC go inactive 9 years ago. They registered the LLC and filed a lawsuit against him to turn over all of the "company's" assets. Pretty much everything, including the business bank account and all of the assets that were in the company name (car, house, boat, etc.) had to be turned over to the new owners. They spent $200 to file a LLC and now all of that guy's hard work is theirs.
Here's the REALLY fucked up part. They offer him a job working for them since he has the "most experience" in the industry. A yearly salary of $55k was offered. Talk about a fucking slap in the face. But it's his fault for not staying on top of his shit.
__________________
|
08-04-2014, 12:00 PM | #2 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,234
|
Well if he let llc inactive for so long then his material probably dont worth much anyway.
__________________
For GFY administration inquiries- email info at gfy.com or send PM. For advertising inquiries - email marketing at gfy.com Inquiries which are not related to administration or advertising on GFY wont be processed. |
08-04-2014, 12:02 PM | #3 |
Confirmed User
Industry Role:
Join Date: Jul 2014
Posts: 536
|
wow that really is fucked up. Even worse they offer the guy a job, lol.
|
08-04-2014, 12:02 PM | #4 |
See signature :)
Industry Role:
Join Date: Apr 2007
Location: ICQ 363 097 773
Posts: 29,656
|
How is it even possible to "run" any business when you do not even have to use your LLC for 9 years.
|
08-04-2014, 12:04 PM | #5 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,234
|
And how is even possible to have LLC inactive?Here such thing is not possible,it can be either open or closed,not inactive.
__________________
For GFY administration inquiries- email info at gfy.com or send PM. For advertising inquiries - email marketing at gfy.com Inquiries which are not related to administration or advertising on GFY wont be processed. |
08-04-2014, 12:05 PM | #6 |
I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,310
|
He was still operating his business as the LLC even though it was inactive. Shit, I still have old business bank accounts open for businesses I shut down years ago. The bank doesn't check to make sure I keep my LLC active or not. I could still be operating a business without filing my yearly reports or pay taxes, workers comp, insurance, etc.
__________________
|
08-04-2014, 12:07 PM | #7 |
I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,310
|
Inactive and Active are the same as Open and Closed. Different verbiage, same meaning.
__________________
|
08-04-2014, 12:15 PM | #8 | |
Yo Mamma!
Industry Role:
Join Date: Nov 2002
Location: 🌎🌅🌈🌇
Posts: 19,929
|
Quote:
Well he should have set his office on fire and then sued the new owners for $10 Million for hostile and hazardous work environment. |
|
08-04-2014, 12:15 PM | #9 | |
See signature :)
Industry Role:
Join Date: Apr 2007
Location: ICQ 363 097 773
Posts: 29,656
|
Quote:
|
|
08-04-2014, 12:19 PM | #10 | |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,234
|
Quote:
__________________
For GFY administration inquiries- email info at gfy.com or send PM. For advertising inquiries - email marketing at gfy.com Inquiries which are not related to administration or advertising on GFY wont be processed. |
|
08-04-2014, 12:20 PM | #11 |
Likes Pie
Industry Role:
Join Date: Dec 2007
Location: The land that liberated porn
Posts: 12,400
|
lol that can't be right, no way that would fly in court - unless he is in some sort of banana republic. He would have all sorts of evidence to prove that what they did was nothing but a scam.
__________________
Get 5% for life on Model Earnings and Fan token buys with AdultNode.com - Studio Link - Creators keep 100% of your earnings
|
08-04-2014, 12:22 PM | #12 |
I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,310
|
Nope and where I live, and we don't have a state income tax. When a LLC goes inactive, I just call the department of revenue and tell them I'm not filing a report, I made no money, and to shut' er down.
__________________
|
08-04-2014, 12:22 PM | #13 | |
Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,223
|
Quote:
It's hard to feel bad for someone that cares for their business so little that they don't pay their yearly (many states have bi-yearly) incorporation fees or file their taxes.
__________________
Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Fully Managed VPS, Daily Backups Included - Starting at $25. Contact for more info. Sell me your: Paysites and Hosting Company. Buy my: Aged Domains and Sites |
|
08-04-2014, 12:24 PM | #14 |
Confirmed User
Industry Role:
Join Date: Jun 2001
Location: Skype: ravo.fpctraffic
Posts: 5,420
|
Yeah, I agree. Something doesn't smell right with this story.
__________________
AdultAdBroker - Buy and Sell Your Flat Rate Banners, Links, Tabs, Pops, Email Clicks and Members' Area Traffic - updated April 2024 |
08-04-2014, 12:25 PM | #15 | |
See signature :)
Industry Role:
Join Date: Apr 2007
Location: ICQ 363 097 773
Posts: 29,656
|
Quote:
My point is based on the above statement. Like how is it possible that you think that your LLC is still active while you did not fill any reports or was not contacted by taxman for the 9 years? Sure at some point you would think "oops, I forgot to fill yearly tax form". At least after 3, 5 or whole 9 years, lol. |
|
08-04-2014, 12:26 PM | #16 |
I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,310
|
That's the problem with keeping things "off the books" to avoid taxes or filing fees. There was no way for him to prove anything other than his word vs. theirs. As Sly said, it's hard to feel sorry for someone who doesn't play the game the way it's supposed to be played.
__________________
|
08-04-2014, 12:37 PM | #17 | |
Likes Pie
Industry Role:
Join Date: Dec 2007
Location: The land that liberated porn
Posts: 12,400
|
Quote:
Very strange.
__________________
Get 5% for life on Model Earnings and Fan token buys with AdultNode.com - Studio Link - Creators keep 100% of your earnings
|
|
08-04-2014, 12:44 PM | #18 |
Too lazy to set a custom title
Join Date: Jun 2003
Location: Ottawa
Posts: 19,624
|
i think its all bullshit but who knows. why would a new llc have any rights to an old llc's assets just because they have the same name? doesn't make sense.
__________________
you don't know you're wearing a leash if you sit by the peg all day.. |
08-04-2014, 12:54 PM | #19 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
|
|
08-04-2014, 12:58 PM | #20 |
dumb libs love censorship
Industry Role:
Join Date: Jul 2008
Posts: 8,198
|
sounds like something that would happen in pakistan, or texas, same difference.
|
08-04-2014, 01:11 PM | #21 | |
I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,310
|
Quote:
But there are holes in that theory. Wouldn't the new owners be responsible for all back taxes and filing fees for the past 9 years? If there were assets, I'm sure an investigation would be launched for several reasons. First and foremost, he broke the fucking law.
__________________
|
|
08-04-2014, 01:25 PM | #22 |
Confirmed User
Join Date: Oct 2002
Location: PacNorWest
Posts: 3,046
|
By statute in most states, the effect an LLC going inactive is dissolution. Assets of the LLC would simply revert back to owners personally. It would be easy to establish personal ownership in court. Only way dude loses is if he completely rolls over and gives it away - which is often the case with worthless crap.
__________________
- *** - |