It is as simple as what is in your written contract. All the other "7 digits we negotiated and emailed back and forth about' is just 'talk' if it isn't in writing.

As an outsider, it appears to me you are blowing smoke.

legal

I have to agree note says pay up. Everything thing else ... 7 digits? y/right, up 3mos straight? I'd say that takes some strong drugs, all blah blah blah.

legal

The original loan(s) were $30K.....we don't know how much has been paid back (via either cash or product)

I have no idea what the agreements were but alot of products we buy are price fixed across all retailers by the manufacturer. I know Ipods are and Stihl power products, as well as a number of china and crystal brands. I had a customer that was forced out of business years ago for under-cutting the other retailers by several manufacturers who cut him off AND sued him for $$$.
Service should be a given and I have no knowledge of the level offered by any players here.

Totally understand that, and agree it is a basic element of doing business with a distributor network, regardless of product.

Until we get the whole story I'm going with the Donald Rumsfeld position here- 'knowns' and 'unknowns'...

So Jeff publishes copies of promissory notes. But nobody wants to publish any other agreements/invoices/orders/etc. All pretty much one-sided so far on The OSO Court....

I didn't click on the links, but are all the promissory notes executed by the LLC? No personal guarantees? If so, Jeff is SOL.

I think the proper venue here is the court system and anything posted here by either party with litigation pending is irresponsible and foolish. I would however be interested in the ruling or settlement if it is not confidential. The rest of this is just speculation... If you want some epic flames go check out what an extra +.010 gets you!

I agree 100%. The fact that someone would go this route so early in the litigation process is suspect to me. I posted this in the other thread but really sums it up IMHO.

"OsO is it is always good for some drama. Seems like the winter season always provides at least one good one and this saga might be this years winter entertainment.

This one will more than likely play out like those in the past. Three sides to the story (plaintiff, defendent, and the truth). A percentage of oso are friends with plaintiff and will believe him and another percentage are friends with defendent and will believe him. Those of us left in the small remaining percentage of members will likely do some searching around on the computer (purely for entertainment purposes) and devise an opinion of what we think happened.

In the end the truth (third side to the story) will come out and we will be very dissapointed in an oso member that we thought was a better person. That person will go away, we'll all go back to discussing boats and hot women.

Then, in three months or so we'll do this all over again with different characters, similar scenario, and the same result."

Odd comment to make.
Someone getting stiffed for 30k is your entertainment ??