an offer I was given...

[hockey97]

HI, I currently been looking for a job so I posted a resume.

Just yesterday I got an e-mail of an offer and it looks legit.

it was a 33% partnership offer.

the lady is a ceo and owns a mag company. She currently needs someone to make a website for the company.

Her offer is 33% parthnership which she explains that she will give me 33% of the sales revenue.

her mag prices are expensive. She currently has one mag at a price of 2,000 and she holds a masters degree in graphic arts.

I wanted to get your guys opinion on here. If you were offered this what measures would you take if you plan on taking such a offer.


My dad told me to make copies of whatever you signed and read every paper she gives me to sign.

The company is a limited liability corp. a LLC.

So does this sound like a good offer or is this offer fishy???

I would love input from all you guys.

[Encrypted]

Wait it costs $2,000 a magazine? Or does she print magazines or something? lol

[crackah]

Yeah need a little more info, no sure what exactly is on offer...

[hockey97]

no it cost the person(clients) Her magazine costs customers 2,000.

with this figure and I wanted to play with the numbers.

if She sells 100 of those 2,000 mags I would get 66,000 since I would get 33% of sales.

this is so far What I calculated but it all depends on the sales. From what she said they ship world wide. She has about 20 clients. These clients are other companies which they don't have the tools to make a mag so we would produce mags for them.

they have a paid rate scale depending on how many pages they want. It ranges from 300 for 10 pages to 3,000 for 49 pages.

So if she was not lieing and she gave me the right figures then I could make easy money.


The problem is I think their is some catch. I seriously think that once I done the website for her she will try and kick me to the curb.

This is why my dad told me to make a copy of every single document you signed and also read the document fully.

Since my dad had so many experience. My dad was about to go into partnership with a guy who owns a bodyshop.

the problem was well my dad done his homework and found that the guy had to pay a big some of taxes and my dad has a friend that is a business lawyer and he told my dad that they guy wanted to take off running with my dads money while my dad would be stuck with that debt.

the guy told my dad he needs to go to florida for car acutions which he will buy expensive cars for cheap and fix them up and sell it on ebay.

My dad also told him about me saying I can make the websites and stuff. He was getting excited.
So my dad went back and forth with him talking to him and my dad verified what the guys has been telling him which my dad found alot of lies.

the guy also does own a million dollar home but he has been using tax loopholes which he told us.


So I think this might be another person doing something similar.

The only difference is that this lady is willing to give me 33% ownership of the company and also she said I will get 33% of all sales.

she only has a myspace page and that is where her business is done on. She needs a webmaster to make a website and in return you get 33% ownership.

She will not pay me any money but would give me 33% of the company ownership like a partnership.

The company is a LLC corp.

However I don't know if she really means this. I think that she will give me 33% shares of the company or something.

I am not sure it's a corperation a LLC. and so far in my accounting classes I was told a corporation is nothing but shareholders their is really no partnership involved in corporations.

I don't know if I am wrong about that but I remember hearing that in my accounting class.

I just think it's possible to be a scam of some sort.



THE OFFER: She is willing to give me 33% partnership/ownership in the company. In return she asks me to make a website for the company and keep an eye on the website.

I would be like a co-owner of the company.

She says that I will get 33% of sales. She charges people 2,000 bucks for each copy. She sells her own magazine and also does magazines for other companies.


So in other words instead of me getting money for making the website I get a share of the company 33% of it.

which means I get 33% of whatever the company sells.

so just knowing she sells mags to people for 2,000 each.


I took 2,000 times it by .33 (33%) and then I got $660 then I times it by 100 (sales) Now this 100 is not a for sure thing just saying if she sells 100 this is what my share of it is, which is 66,000.

she will make 134,000 I will make 66,000 based on above figures.

So this is a offer a share of the company for me to make a website and kinda keep it up to date I don't have to work much.

I am thinking to take this offer if it's legit. I can do the programming and making the website. I would like to take the money and invest it into my own business.

[Mega B]

This woman making the offer seriously worries me with a offer like that,she gets a free website that once is up and running she could restrict you having access to so you cannot take it back once it is made.Regarding the value of sales in the company she could tell you anything she likes really and say that we are going through a bad patch so you will then get payed little or nothing another thing is you could have massive liabilities financial wise if she goes bust or does a runner.
As i live in the UK the laws you have over in the US may restrict your liabilities but i would seek advice and get proper guidance legal wise.Dads are great but if they lack proper business advice it cost you dearly.

[jasaunders]

Ok, this is the last email I am going to ever respond to of yours because they are increasingly difficult to read with your rambling, abuse of line breaks and incoherent grammar.

Seriously man, do you really think this is a legitimate offer? Seriously? Come on. Use common sense. You can't really think this is a good deal. You are wasting time and killing brain cells even considering this offer.

[hockey97]

This woman making the offer seriously worries me with a offer like that,she gets a free website that once is up and running she could restrict you having access to so you cannot take it back once it is made.Regarding the value of sales in the company she could tell you anything she likes really and say that we are going through a bad patch so you will then get payed little or nothing another thing is you could have massive liabilities financial wise if she goes bust or does a runner.
As i live in the UK the laws you have over in the US may restrict your liabilities but i would seek advice and get proper guidance legal wise.Dads are great but if they lack proper business advice it cost you dearly.

Well not quite. In the U.S when a company is a LLC it basicly means that me and the lady being owners will not be taking out to the cleaners personally.

Any debts incurred by the company can only get their assets taken away.

So if the company owes any money to anyone and has no money then the company assets could only be taken. They can't for example take my house away since I personally own it. This is the reason companies like the incorporate a LLC corperation.

[hockey97]

Ok, this is the last email I am going to ever respond to of yours because they are increasingly difficult to read with your rambling, abuse of line breaks and incoherent grammar.

Seriously man, do you really think this is a legitimate offer? Seriously? Come on. Use common sense. You can't really think this is a good deal. You are wasting time and killing brain cells even considering this offer.

I doubt it's a serious offer. The only thing I know is that if she likes my skills she will then fill out the forums to give me the 33% partnership right at the start.

I plan to look into this deeper. I will try and find out if she owes any money or has trouble with the IRS.

Since I know that many people are doing scams where they take your money run off and leave the business to you knowing they had to pay many people so they just dropped off the problem to you and you would get stuck with it.

[Mega B]

Something aint right here i cannot understand how someone who owns a company will give up a 1/3 of that company for someone just to make a website.

I am with jasaunders on this one,nothing else to say on this one as i am off to bed its 3.00 am in the UK.

[hockey97]

wow you tell me this,,,, "Ok, this is the last email I am going to ever respond to of yours because they are increasingly difficult to read with your rambling, abuse of line breaks and incoherent grammar."

I just hope you know we are on the internet. So grammar is not required buddy.

So you pick on me for grammer well looks like you lack understanding of what a E-mail is,


electronic mai: A communications system that allows people on the same computer network to exchange messages. Frequently referred to as "e-mail." Systems also exist that allow people to exchange e-mail messages between networks.

Message Board:

A script on a website with a submission form that allows visitors to post messages (called "threads" or "posts") on your website for others to read. These messages are usually sorted within discussion categories, or topics, chosen by the host, or possibly the visitor. A messageboard is also called a "web board" or a "forum

This is called a message board not a e-mail.


I will be cautious about this offer. According to what she said she is a graphic artist and had this business for 3 years.

She has no knowledge about computers so she wants a partner to help with all the tech stuff.

However I know that today with the current economy I been seeing alot of scams going on hidden ones. Like these guys usally are in trouble.


To me I think that it's odd because if you are doing good in the business then why would you find someone to partner up unless your business is going down the drain.


Thanks for your inputs on this. I do think this offer is fishy. I am waiting for a reply from her by Monday and she is 38 years old by the way.

I really want to look into this and make sure it's a legit offer and I will do my homework go out and find if she owe anyone any money.

My dad has a friend that is a business lawyer and I might pay a visit to him. His dad is a accountant.

[RLorenzen]

I really must be missing something here. The magazine costs $2,000 per issue? That's a joke.

No one in their right mind gives away 33% of their company for a damn website. Hell if you're in a bind you can get a free website builder or template, theres no need to give away a third of the firm.

This woman sounds like a joke or a terrible businesswoman.

[clp11479]

while we would all love to believe that an offer (which is too good to be true) is true... this offer is not (or if it is true then you won't make much $$$).

if the magazine was doing any kind of sales they why would she hand away 33% of it when she can pay someone abroad in India to develop and maintain a website for a fraction of the US price?

either the website makes jack and you'll waste your time, or she is a scammer and you won't get 1/3. i'd lean towards the first pick.

[harrymcwealth]

I call shit on a stick. Stay away. It sounds like a dumb idea. $2,000 for a magazine? C'mon. Maybe it's for corporations, market studies let's say; that's still a very inaccessible market. How can she compete with ACNielson?

[hockey97]

well... I got to talk to her and found her myspace page .

she makes mags for anyone.

she is a graphic artist has real no business experience.




I really do think it might be a scam or she dosen't have enough $$.

[SendBlast]

hockey97, dont do the stupid 'defining' words on the internet comeback.

stay away from this offer.