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CBS/Paramount sues to stop Axanar

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I see Starfleet's best doctor warrants a fresh new pillowcase. :)

Indeed. Any more drama could possibly be fatal too. lol

(deleted the original post and tried to post a scotty meme, but that didn't take)

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Isn't it odd that a piece of property was purchased a few months after the Propworx bankruptcy? Is it normal for people to have that kind of cash on hand after going bust? I don't know about the ins and outs of business bankruptcy - are you allowed to keep personal savings to reinvest on other assets? Did he have other investors or did he buy it himself? Curious what the sale price was. Is that public record? The creditors were owed just over $400,000...

And yeah, I initially thought posting someone's address was creepy, but it was a listed business. And only when Alec started yelling about children to try to make Michael look bad did anyone know who lived there.
 
Given all of Alec's shady/murky dealings, I almost hope that C/P's people will scour his books seven ways from sunday (and if some 'irregularities', fraud or whatever involving donor money is brought to light, then maybe he'll change his tune.........am not holding my breath for that though)
 
Isn't it odd that a piece of property was purchased a few months after the Propworx bankruptcy? Is it normal for people to have that kind of cash on hand after going bust?

I am no expert in bankruptcy law, but to Peters' defense, if he had personal assets, I believed they would be protected from a corporate bankruptcy. Unless the court somehow tied all those together. I don't think that happened, so it's probably suffice to say that Peters' personal money would not be affected.

Curious what the sale price was. Is that public record? The creditors were owed just over $400,000...

The property was purchased in March 2013 for $191,000. If there were any other partners, they are not listed as owners on the property.

And for the record, it's been what, two months, since the questions were first being asked about Woodland Terrace Investments ... and still, some 15 months after the company was founded (and three years after the property was purchased), the title still has not been transferred.

If someone has advised Peters that his real property is protected by this, he is getting wrong advice, in my opinion. Title would have to transfer over.

And just to also point out, there is a reason why we cross-check this information we find in corporate filings. I started covering Florida corporations, especially how it relates to real property, more than a decade ago. If I had come across this residential property, and Woodland Terrace Investments was the owner of the property ... I would never even bring it up. Because using a corporate shield is a common practice, and really is, in my opinion, good business sense.

But that hasn't happened here. And just because your corporation is based somewhere doesn't mean it has the corporate shield you're looking for. Because in the end, it doesn't matter how your assets are used, but who owns them. And right now, it's a personal ownership of Alec Peters, not owned by a corporation he's a principal in.

And yeah, I initially thought posting someone's address was creepy, but it was a listed business. And only when Alec started yelling about children to try to make Michael look bad did anyone know who lived there.

Thank you for understanding that. :)
 
^^Ugh. So it's some conspiracy on his part to conceal his dastardly deeds? He's not that bright.

To clarify - the "goof" wasn't the posting of the address. @Michael Hinman was doing his due diligence.
It was the continued discussion AFTER it became apparent that there may be privacy issues that was the "goof."
Not having followed the story whenever it initially appeared, I had no idea what you were talking about. In @Michael Hinman's lengthy reply he never mentioned that. The only way I know now is because YOU just brought it up. So it seems it's not Michael that keeps bringing up the kids.........initially or now. Just sayin'.
 
I am no expert in bankruptcy law, but to Peters' defense, if he had personal assets, I believed they would be protected from a corporate bankruptcy. Unless the court somehow tied all those together. I don't think that happened, so it's probably suffice to say that Peters' personal money would not be affected.

That's correct. If Propwerx were registered as an LLC, then Peters wouldn't be personally responsible for its debts. The debts remain with the corporation.
 
Not having followed the story whenever it initially appeared, I had no idea what you were talking about. In @Michael Hinman's lengthy reply he never mentioned that. The only way I know now is because YOU just brought it up. So it seems it's not Michael that keeps bringing up the kids.........initially or now. Just sayin'.

Well, what cha gonna do? :shrug:
Differences of opinion on the validity of continued discussion are expected when the parties engaged in said discussion maintain different subjective viewpoints based on their personal experiences, knowledge levels, interests, and proclivities. Such differences in one instance do not necessarily mean that in all instances a commonality of thought is therefore impossible.
 
I'm just saying if the kids are the concern STOP talking about them. Loose lips sink ships.......I got no problem with difference of opinion. Keep calm and carry on.
 
In my line of work, I sometimes do a little background research on companies that seek to do business with my company. And yes, some states make it very easy to find information such as the addresses that the principals used when registering the corporation. And then you can look up those addresses in the county assessor's public records (which are also very easy to access) to see the assessed value of the property and who owns/owned the property.

I think a lot of people don't realize just how easy it is to get these public records in mere seconds through publicly viewable State and County websites.

So if you are starting a company and you are concerned about your privacy, then just don't use your home address. If you don't have a commercial address you can use, then rent a private box at some place like Mailboxes Etc. or at a virtual office or a virtual mailroom (some of them also provide registered agent service), and use that address. Doing so, you can even find prestigious-looking addresses in prominent commercial/financial districts in major cities. Then you look like a champ to anybody who gives a cursory glance to your company.

But I digress...

I agree with earlier comments that CBS and Paramount shouldn't be obligated to defend their IP by constantly making new productions. What if I decided that, since there haven't been any Perry Mason TV shows or made-for-TV movies in many years, I was going to go ahead and make an independent legal drama featuring Perry Mason as one of the main characters and make money from it (and publicly slam the official productions, to boot), without obtaining any permission through the proper channels? My reasoning wouldn't hold any water.

Kor
 
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If it wasn't part of the record that the house was where his godkids lived, then he should have just kept his damn mouth shut if he didn't want people to know that. But then again if there's one thing that Peters and co. have proven during this whole thing, it's that they don't know when to keep their damn mouths shut. Imagine how much trouble they could have saved themselves if they did.

I have to admit, at times I kind of wish Peters and some of his people were here to defend themselves. It kind of feels like we're all piling on them without giving themselves a chance to defend themselves. But then again, I don't think I've actually seen them try to defend themselves in a reasonable, intelligent manner. It seems like they can't do anything but insult or throw a temper tantrum when people question anything they've done.
I would love to see someone have a real honest conversation with Peters or one of his cohorts where they actually discussed this whole situation and why they have done the things they have done.
 
They act like defiant, smug, bastards in every forum in which they have total control (like FB) so I can just imagine how it'd be here.
 
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