You have made erroneous accusations covering 30 years of our business, so read the whole damn thing, and then reply, or not.
In direct response to your accusations concerning "failed businesses", none of which "failed":
Note, we had for almost 10 years, 25 employees and were putting between $800,000 and $900,000 into the local economy which ALL came from outside the county. How about you ?
Neither of US have bashed Paulette.
Not one of these businesses “failed”, none owed any taxes of any kind when they were allowed to dissolve, and no creditors were left holding any unpaid invoices.
None, zip, nada, nothing.
We paid ALL our taxes and creditors, borrowing money to do so when necessary.
North Georgia Industries, Inc was started in 1982 after I left Stabil of America, a German chicken incubator manufacturer I had worked for since 1976.
In 1983 we merged our assets from North Georgia Industries, Inc. with the owner of Equipment Innovators, Inc. in Marietta, the chief creditor for Stabil after they filed bankruptcy in January of 1983, and we started NGI-Surepip, Inc., and North Georgia Industries went dormant for almost 20 years. We paid the annual renewals with the secretary of state, but it did no business, per the terms of our merger contracts. Nothing was owed to anyone by North Georgia.
In 1985, after months of negotiations to buy out our partner in NGI-Surepip per the terms of our contracts, we started, with new partners, Agro Environmental Systems, Inc.
In 1989 we bought out our partners in Agro, AND bought back our inventory and the SUREPIP trademark from our ex-partner with NGI-Surepip, and moved the business to the North Industrial Park between Dallas and New Hope. North Georgia Industries, Inc. stayed dormant.
We did business under Agro, including a dba as Surepip Hatchery Equipment Company from 1989 until 2006.
In 1999 we purchased the patent rights of a USDA patent from a design/research engineer at the Richard Russell Research Center in Athens, Ga. for a technology which could remove and sterilize all of the dust related chick down fuzz found in large chicken hatchers. We formed Bio-Ion, Inc. as a separate company to develop and then market the equipment. It worked great in the labs, and a prototype operated in our R&D area. We had a demonstration unit which won awards at 3 different international poultry equipment expositions around the world.
The technology had a severe drawback when field tested in commercial hatcheries using, at that time CMOS logic printed circuit board technology, which was the industry standard. The Bio-Ion unit negatively charged the chick down where it was then collected on positively charged collection plates. When the unit would reach full charge, it actually produced small “thunderstorms” inside the hatcher cabinets and these electronic charges would then knock the CMOS control systems off line shutting down the machine which had 15,000 plus hatching baby chicks in it. Great concept, but impractical.
We sold the rights to Bio-Ion for $10,000 to a concern in Winder, Ga. who still uses the same technology negatively charging the discharge spray from commercial insecticide/herbicide farm sprayers making the products stick to the plants instead wasting half or more of the product dripping onto the soil. The technology is still used with tractor pulled sprayers and crop duster airplanes.
Note all applicable taxes were paid, and the company, as part of the sales agreement contracts, was simply allowed to die. It had no assets and no liabilities. You win some, you lose some.
Rebel Micro Systems was started late in 1992 as a vehicle to produce, and market a new [then] control technology for use on large commercial chicken incubators and hatchers. This was a bridge between CMOS logic printed circuit boards and PLC [programmable logic controllers as still used today].
The design engineer who wanted to work with us on this project was from Holland, and because he was not a legal USA worker, he could not “work” for us. We strictly followed the alien work laws 20 years ago, just because it was the right thing to do not like those today who hide them.
We paid to start Rebel Micro Systems, Inc. [his choice of a name] to give him a legalized vehicle to sell to Agro/Surepip the control systems. Again, like Bio-Ion, it looked good on paper, but did not fly on its own. After 18 months, we gave up and let it die. When RMS closed down, we paid to make sure ALL debts and taxes were taken care of. The guy from Holland married a local Hiram girl during this time and still lives here and does electronic design controls.
As a means to develop and market a new technology for sanitizing and cleaning commercial hatching eggs we started Surepip Sales and Service, Inc. We had an associate come to us looking for new products he could develop involved with using water, and various chemicals/detergents/disinfectants. Seeing a need for a means to clean and disinfect commercial hatching eggs going to the hatcheries to produce the baby chicks that grow into the birds you eat, we saw a niche.
Again, not wanting to sell part of Agro/Surepip, we set up a new company planning to spin it off as soon as it could stand on its own.
It took 7+ years to work out all the design changes and successfully market the equipment, and we continued making some design modifications, finally planning to let this product stand on its own July 1, 2001, after having sold more than 200 machines [@$8,000 to $10,000 each].
Uri, a Ga.Tech Engineer with a Masters, was our partner for this project and was going to take this over on his own, with our shop doing the stainless fabrication work and most of the sub assemblies. He was to market, assemble, and install the machines, and pay Surepip a royalty.
Unfortunately Uri suddenly died on I believe June 27, 2001, 3 days before he was to take it over. He was a very, very close friend, and quail hunting buddy.
So we picked it back up, and sold the manufacturing rights for the Surepip Egg Sanitizer to Precision Automation Company in New Jersey in the summer of 2002. Part of the sales contracts stipulated we let Surepip Sales and Service, Inc. dissolve.
The manufacturing rights were then illegally sold by Precision to another company, without our permission, and then sold again. We are currently owed more than $25,000 in royalties by the current holder of the blueprints/rights.
Again, Surepip Sales and Service, Inc. owed NO back taxes of any kind, nor did it owe any supplier or creditor, other than Agro/Surepip, who had to eat the loss.
Agro/Surepip Hatchery Equipment Company took a hit the beginning of 2001 when BC Rogers Poultry Company from Morton, Mississippi went straight into a Chapter VII Bankruptcy. We had over $150,000 in unpaid invoices, and ANOTHER $100,000+ in work in progress and specific inventory on hand to complete this job. This operation is now part of Koch Foods.
Taking this loss, we chose to start downsizing. We did dismiss 1 key employee heavily involved with the BC Rogers job, and when he left; several friends and relatives also working for us left. Over the next 3 years we slowly turned the faucet off a little at a time, finding jobs for 100% of our employees…..allowing them to go on job interviews we had helped arrange, etc. while still being paid.
We sold the core part of the original business, the SUREPIP replacement Spare Parts business, still doing $150,000+ a month, to Natureform, Inc. in Jacksonville, for a minimal cash payment, and a percentage of the gross for many years to come. They successfully killed the business in 6 months, taking it down to less than $10,000 a month.
But AGAIN, ALL withholding, Ad Valorum, School, Sales & Use, and any and all other taxes were paid. We had to BORROW the money to make certain everything was paid off, but we did so PERSONALLY.
North Georgia Industries, Inc. was resurrected in 2002 as a means to pay me a paycheck for the royalties, commissions, and consulting fees, and to purchase/sell parts and machines for several pieces of equipment we still own the rights to today. We allowed it to die in 2010 as the dollars were just not there to keep it alive. Again, it owed nothing to anyone, taxes, or otherwise. All creditors and taxes were paid.
Now dude, You have until tomorrow morning to correct your false, TOTALLY BS statements concerning failed companies. Or I will come off the hip with lawyer money. I have a snapshot of your post….