You are correct. Tool Band-It was not sold in the original contract.
"in case VBI had financial troubles". 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.
Did you know that Mark Miller's, Executive VP at P2F, prior job was Operations Consultant at VBDG?
Prior to that he had a long-term relationship with Nancy. Partner at one time in other ventures. They go way back.
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.
Mark took VBDG to P2F, IMO, and got employment for himself. Now P2F has VBDG. Nancy is being taken care of. Back salary converted to debt, as an example.
Who are the three employees left there? You know?
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." Looks like he earned his keep. The extra lawyer was helping him.
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!!!
