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by gjmacd 2550 days ago
```Yes, it turns out that one of those pieces of paper I signed without question had sold 90% of the shares of Hit Media Inc to his company.```

Not buying this...

His father should have told him that he was taking ownership of his company for the loan. The fact is, the guy loaned him $20K, had him sign "paperwork" and didn't tell him is the issue here -- pretty sure right there what he signed was a loan and sales of 90% of the company.

I've read Siver's stories over the years. Entertaining and certainly one of the Ruby guys to listen too... but this is just a bit of a stretch to say "I'm not mad at my Dad." -- he should have been furious unless he knew and this is just another one of Derek's "stories".

Dad sounds like he wasn't forthcoming with what Derek was signing -- or maybe Derek knew and needed a good blog post?

1 comments

Maybe his dad taught him a valuable lesson!