Wow. Did the wakeup alarm finally go off?

Ex-employees. People who showed up daily, doing their job, no matter what kind of decisions management was making. Employees weren't supposed to be taking risks with getting paid. You work. You get paid. They owe. They should pay.

Hopefully they'll take care of what they owe employees, too.

Someone asked this question months ago:

Posted by: Dollars4Success Date: Tuesday, October 27, 2009 12:35:06 PM
In reply to: hingfdiuh who wrote msg# 7836 Post # of 8047

Question: Was the P2F deal the best one for VB or for management pockets? Here's a thought, maybe there was a better deal out there, but control of the company had to be abdicated? I have no idea, just thinking about past biz deals where egos had to be set aside for the good of the company. All IMO, of course.

Not looking for an argument. And ganging up on me isn't productive. Just take a look at the history of the stock price, et al. As an investor I lost $$$, too. The question is who were the ones who made the decisions?
And I say again.. hey.. what do I know?

Greed pretty much killed this company. And unless you were there firsthand seeing how management operated, how can you be sure of your statement? But, hey, what do I know?

The only interesting thing happening with this almost-defunct company is that their disrespect to investors, vendors and employees continues. Can you prove otherwise?

Interesting things happening? I never thought raping a company was interesting.

Reverse number leads to this:

http://members.calbar.ca.gov/search/member_detail.aspx?x=193099

Verticle Branding, Inc., et al.
(Receiver) LC-088277 16-Feb-10 Richard B. Wolfe Los Angeles County Superior Court Appointed to take control of business assets for the benefit of the secured lender.

Maybe the newcomer is somehow involved in the Fiduciary Appointment? IMO. I ask since he/she doesn't seem to think this company is detested by the investors due to the disrespect and dare I say, "thievery" certain management had for the people who generously and with trust, invested. Of course, more than likely this will be deleted. Truth usually does. IMO IMO IMO IMO

Isn't bad news a matter of perspective?

I'm curious how you know what's going on behind the scenes?
Are you an insider? Are you one of the two still working for the company?

One would hope, but I cannot see this company pulling itself out of the muck. And that is just my humble opinion.

And I must agree. Eventually it will all come out. Just desserts, Karma -- whatever.

IMO.

Actually.. the two left are renting offices in an executive suite where there is a common receptionist. And the office is not downtown LA.

And, I agree, thanking her for a "job well done" would be appropriate. She basically abandoned the ship before she sunk it.
Cannot run a company successfully when decisions are based on me me me.

All, IMO, of course. IMO IMO IMO.

I still have that bridge for sale. Anyone interested?

C'mon. Let's go bridge shopping. I have a couple I'd like to sell you.

Management? Seriously? It was her MISSManagement that got the company into the crapper. Let's hope and pray somehow, someway, educated, experienced and SMART Management makes its way into this mess. I'm also waiting for the Easter Bunny.

In response/comment on what was stated, of course only IMO.

"in case VBI had financial troubles". IMO - MANAGEMENT HAD MAJOR ISSUES FOR A LONG TIME. DECISION-MAKERS WHO ONLY THINK HOW THEY CAN MAKE MONEY FOR THEMSELVES MAKE POOR DECISIONS FOR A COMPANY.I read that to mean P2F went around VBI and has it now. No payments now or ever to VBDG. Went directly to the source. This was my problem from the beginning. P2F going directly to all the suppliers. They had no need for VBDG. IMO, that's exacly what's happening.

They did advertise, Billy Mays, was playing all over before the deal with the Tool Band-It infomericial.

P2F had Tool Band-It in it's warehouse in August.

I hope to goodness there is some recovery in VBDG. I am just leary. IMO - RECOVERY? ARE YOU SERIOUS? CEO SUCCESSFULLY TOOK A COMPANY WITH POTENTIAL AND POINTED IT TO THE GRAVE. AND I SAY CEO BECAUSE THE JOB OF A CEO IS TO GUIDE A COMPANY. AND WE ALL KNOW SHE JUMPED SHIP BEFORE IT SUNK.

Did you know that Mark Miller's, Executive VP at P2F, prior job was Operations Consultant at VBDG? IMO - OF COURSE. HE CAME ON BOARD WHEN YET ANOTHER VP OF OPS WAS FIRED. SEEMS TO ME THERE WAS A LOT OF FIRING GOING ON.

Prior to that he had a long-term relationship with Nancy. Partner at one time in other ventures. They go way back. IMO - TRUE. OF COURSE. PROBABLY HARD TO FIND NEW COMPETENT TALENT WHO WOULD WORK UNDER HER CONDITIONS.

Looks to me like he became unemployed at some point. Nancy took care of him as a consultant. Perhaps he is now returning the favor to her. Anyway, as bad as I hope it is untrue, I smell a rat. IMO - IT SMELLED LIKE A RAT FOR A LONG LONG TIME. ASK THE RIGHT QUESTIONS AND YOU MAY NOT LIKE THE ANSWERS.

Mark took VBDG to P2F, IMO, and got employment for himself. IMO - YUP. WAS THIS DEAL THE BEST FOR THE CEO'S POCKETS OR FOR THE COMPANY? Now P2F has VBDG. Nancy is being taken care of. IMO - I BELIEVE IN KARMA. AND THE LAW. Back salary converted to debt, as an example.

Who are the three employees left there? You know? IMO - ORRIN AND CHRIS AND CEO IS STILL ON THE BOARD. CAN WE SAY - ARE YOU KIDDING?

There was a consultant there in August, as well as a lawyer consultant, working on all of this. The Consultant, Paul J. Le Blanc. specialty is "Transition and Exit Planning." IMO - CONNECTION WITH CEO's HUSBAND. WHO WAS LOOKING OUT FOR THE COMPANY? Looks like he earned his keep. The extra lawyer was helping him. IMO - LOTS OF LAWYERS FOR SUCH A SMALL COMPANY.

This is what I think: P2F will wind up with VBDG in total. Nancy will wind up with all moneys available. We have had it. I'm out $60,000+.

Let me be wrong---please!!! IMO - SORRY, CAN'T SAY THAT.

AND FYI. I AM AN INVESTOR WHO FEELS TOTALLY RIPPED OFF BY THE BOARD NOT TAKING CARE OF BUSINESS. THEY SHUT THEIR EYES AND LET THE CEO RUN RAMPANT FOR A LONG TIME. WHY WOULD THEY DO THAT? I THOUGHT A BOARD WAS SUPPOSED TO LOOK OUT FOR INVESTORS. LAW SUIT ANYONE?

IMO IMO IMO IMO