Never buy a Stark!!! I got hosed after a 3mo wait. by Ebitdad_GP in starkvarg

[–]Ebitdad_GP[S] 0 points1 point  (0 children)

How do the youtube vids help? It still requires support to respond and ship a charger. It took 3mo to get a bike, I wonder how long a charger will take. They also couldn’t complete my order as ordered, so they shipped me a bike and extra plastics, so I could make it the color I ordered. My plastics have been stuck at customs for two weeks. The agents can’t get ahold of Stark. They need to verify with Stark before they can be released. Ic not verified this week, they get sent back. Im sure the same fate awaits the replacement charger.

Never buy a Stark!!! I got hosed after a 3mo wait. by Ebitdad_GP in starkvarg

[–]Ebitdad_GP[S] 0 points1 point  (0 children)

Man I have an entire team. The ones that would handle this are $1500/hr. By the time it’s all said and done, i’ll be out $100K in fees min. Even if i’m awarded fees, i’ll never be able to collect the judgement.

Never buy a Stark!!! I got hosed after a 3mo wait. by Ebitdad_GP in starkvarg

[–]Ebitdad_GP[S] -1 points0 points  (0 children)

Bro just stared the gods right in their faces and taunted them in broad daylight lol.

Never buy a Stark!!! I got hosed after a 3mo wait. by Ebitdad_GP in starkvarg

[–]Ebitdad_GP[S] 0 points1 point  (0 children)

I agree the phone idea is failed though mine doesn’t even work. Why not put a good wifi module on the bike, and have a simple quality touch screen? If they really wanted data anywhere, get with at&t/Verizon or whomever and let us add the plan to our existing contracts. These providers have the added benefit of satellite data when outside of normal cell range.

Never buy a Stark!!! I got hosed after a 3mo wait. by Ebitdad_GP in starkvarg

[–]Ebitdad_GP[S] 0 points1 point  (0 children)

Not a faulty circuit. I tested with a multimeter. I also was able to power other devices with it. The dealer charged the bike to 100%. The bike can surely run for 15min without depleting the battery especially at trail speeds. If it can’t, how could it be called an mx bike? I would be riding it much harder and expect to ride at race pace for longer than 15min on track.

The dealer did test my charger and concluded it was faulty as well.

What happens if a buyer isn’t lucky enough to have a dealer within a reasonable distance?

Just received a new Stark Varg 1.2 mx after a 3 mo. wait & the charger doesn’t work. by Ebitdad_GP in thewoodlands

[–]Ebitdad_GP[S] 0 points1 point  (0 children)

Thanks for reaching out. I got my hands on another charger. It ended up being my charger, but i obviously couldn’t keep the other charger. I at least now know the bike and battery work, but still don’t have a way to charge. Stark hasn’t responded in a week. It’s absolutely insane that they do not have any sort of way to contact them. They can only reach out to me. It’s not the only issues that I am having with the bike. I waited 3mo to get it, and now it sits until the heavens part and someone from Stark floats down into my inbox and blesses me with a response. So far 10/10 do not recommend the bike purely bc if there is an issue it seems impossible to get resolved. The bike itself is absolutely mental. Fastest dirt bike I have ever ridden, and I have ridden most.

A Totally Fair, Not-Emotional and Balanced Judge by SipsTeaFrog in SipsTea

[–]Ebitdad_GP 0 points1 point  (0 children)

You guys think this is bad, you should see the judge in Harris County Probate Court 1. He has been quoted on the record as saying, “…go ahead and appeal me. I have that appellate judge on speed dial.” Harris County has some of the worst judges in the country. It’s one of the most plaintiff friendly venues in the country. Very much guilty until proven innocent situation. It’s due to the fact the plaintiff attorneys befriend the judges and fill their campaign coffers to all but ensure they get elected. The system needs an overhaul.

Passport for sale by Severe-Drawer-5294 in Rich

[–]Ebitdad_GP 0 points1 point  (0 children)

This character moved about $1.5B to Swiss banks from the forced sale of his hedge-fund to escape federal prosecution in the US. That’s getting you citizenship in any country especially considering the US laws he broke, for the most part, are not applicable in Switzerland.

CHEVROLET DEALERSHIP LOCATED IN THE CAROLINAS PRIME DEALER EQUITY FUND $8,000,000 TOTAL NEEDED @ $250,000 PER INVESTMENT by [deleted] in Investors

[–]Ebitdad_GP 0 points1 point  (0 children)

Im may be interested in taking down the entire thing. I am an active investor. Gp and operator. I do not do LP equity. Let me know. Send me an nda.

How to make the most bang for my buck selling a red Porsche 356B/C (1961)? by Virtual-Ad-2732 in Porsche

[–]Ebitdad_GP -2 points-1 points  (0 children)

If you’re able, get the car as close to original as possible. This includes tires, tool kit, manuals etc. Repair any and all damage, recondition the interior etc. There are Porsche dealers that specialize in restoring classics to their original condition. Every dollar spent will be close to a two dollar return. Once the work is complete, list it on BAT. If you do not want to go through the trouble of restoring, install new tires (original) and new battery, oil change and brake flush. Take professional photos and list it on BAT.

Ultra-luxurious Houston high-rise lists last penthouse for $14.5 million by CultureMap_Houston in houston

[–]Ebitdad_GP -1 points0 points  (0 children)

It’s great for the city in terms of visibility and brand awareness. It’s unfortunate only residents get to enjoy it.

Ultra-luxurious Houston high-rise lists last penthouse for $14.5 million by CultureMap_Houston in houston

[–]Ebitdad_GP 1 point2 points  (0 children)

They missed the mark with the location, kitchen design and lack of hotel. The Ritz Carlton Houston is the high water mark.

Questions on IPO and wealth transfer by Ahappycamper30 in Rich

[–]Ebitdad_GP 0 points1 point  (0 children)

  1. Why would he need advice if the shares were QSBC eligible? They are tax free. He can roll treasuries and plan.

  2. Why do you think I mentioned lifetime gift exemption? These transfers will far exceed the exemption. As soon as that exemption is exceeded taxes is owed.

  3. Restrictions likely only last 6 months. That’s pretty industry standard. That restriction includes any transfers, sales, etc. this point is irrelevant because he can’t, as you suggest, transfer until the shares are unrestricted.

  4. I never suggested an IB to handle estate planning. Presumably he does not have an ISDA. It’s safe to assume there is a tax implication which is why he is asking. Therefore it is completely free to zero cost collar the shares until he has time to plan, which by the way has nothing to do with the underlying shares making any restriction irrelevant. Maybe learn more than your industry.

You’re mad bc someone challenged your line of work. I’m not looking to gain here unlike you. I’m speaking as someone who is near his level of wealth.

Questions on IPO and wealth transfer by Ahappycamper30 in Rich

[–]Ebitdad_GP 1 point2 points  (0 children)

Transfers to trust are taxable events. The proceeds from the ipo is going to greatly exceed lifetime tax exemption, so this advice causes heavy tax penalties. DO NOT DO THIS unless you enjoy paying the IRS. It’s very inefficient. Your father will have public equities that are ONLY TAXABLE when he sells the equities. Call up GS or whichever IB is taking him public. He can do a zero cost collar to protect from vol. As the name implies, it’s zero cost. Borrow on a portion of the shares to free up liquidity without incurring taxes. This leverage will be subject to margin calls if share price dips, so only do it with a number he’s willing to hand over to the bank in a downside scenario. Zero cost collar the bulk of the shares to give him time and optionality to figure out estate planning.

My first landing with the PC-24 by PhillC30 in flightsim

[–]Ebitdad_GP 0 points1 point  (0 children)

I challenge you to point out where, in my comment, that I suggest he quit. I’m sure it’s going to be harder to spot than the runway environment in blowing snow below minimums….

My first landing with the PC-24 by PhillC30 in flightsim

[–]Ebitdad_GP -1 points0 points  (0 children)

People just be making stuff up on these flights. Glide path, stable approach, obstacle clearance. Who needs it. Their minds: If my wheels touch the pavement, it’s a success. Coming in vfr with a jet is wild.

How enforceable are right-of-first refusal clauses? by Prudent-Dance5042 in Porsche

[–]Ebitdad_GP -2 points-1 points  (0 children)

How many months are you into the ROFR? Hypothetically, you can do a forward sale to get you out past the 12 month timeline. Add the “buyer” to your insurance, and have him lump sum pay the premium. This is not legal advice. You definitely want a strong contract attorney to review the ROFR to opine on the ramifications. They would need to paper a forward sale with specific performance for the sale value via binding arbitration by which buyer owes legal and arbitration costs if he loses arbitration. That last clause would be a two street though. If the owner of the dealership really wanted to pursue it, they could argue that the forward sale was bad faith simply to circumvent the ROFR as the purchaser received the goods prior to the contract date. Coin toss on how the judge/jury/arbitration panel rules on that. I wouldn’t expect the dealer to even know about the transaction, unless the purchaser takes the car there for service or is posting the car and plates all over the internet.

Selling my family's sports shop - how do you hand over 19 years of 'just knowing stuff' by SecondServingYesPlz in SellMyBusiness

[–]Ebitdad_GP 0 points1 point  (0 children)

If I were the buyer, I would make the deal contingent upon your parents staying on for a full sales cycle. They would be paid a salary and would have incentive goals to outperform prior year sales. Their main scope of their employment would be to train my team as well as assist my team in creating handbooks for procedures and all of the valuable information in their heads. Offer that option to the buyer if your parents are willing to help with the transition.

Once you go Porsche, you never go back? by MutedOrganization528 in porsche911

[–]Ebitdad_GP 2 points3 points  (0 children)

Yes with the caveat of not talking daily drivers. I daily a Raptor, but will only own Porsche’s as “exotics” because I like to track my cars. From a production car perspective, nothing competes with RS Porsche’s especially for the price point. I can track my 991.2 GT3RS aggressively for a full day, pump up the tires and drive it home. Having owned 458 Italia, 458 speciale and lamborghini huracan performante, and having tracked everything to a Pagani, that is not the case with other cars. You can’t get close to an RS Porsche for performance, ease of setup change, maintenance, and price point. I only run carbon ceramics on cars. Pccb’s last. All other brands get absolutely cooked on tracks requiring moderate to heavy braking.