Re: TreasureCove Announcement. (long)
- From: "GPE" <See_my_website_for_email@xxxxxxx>
- Date: Tue, 9 Aug 2005 20:28:40 -0500
WOW!
Gottlieb LLC is looking better by the minute!
They asked me for 10% fee paid quarterly -after- the sales. Quite
reasonable.
-- Ed
"Treasurecove" <TreasureSPAMcove@xxxxxxxxx> wrote in message
news:w39Ke.237367$_o.235915@xxxxxxxxxxxx
> As of tomorrow, TreasureCove will no longer be selling some items that
> have been listed on our website. I still have a few decals for sale on our
> website, but these decals are my custom designs using CorelDraw.
>
> In May, I received a call from Gene's attorney, M Berns. I told him that I
> wanted to be a licensed seller and would do whatever necessary to become a
> licensed seller. I asked him at that time if I had to shut down my
> website, .. and his exact words to me were: "No, I'm working out a deal
> with Gene & Williams, which will take awhile, so go ahead and keep doing
> business as usual."
>
> A week later Wayne starts sending me emails, while I was waiting to see
> what happened with Gene. A few weeks later, I called IPB asking about my
> discussions with M Berns and their status, of which Kim says "I don't know
> because I've never heard anything about this". So I repeat the whole
> story, .. and she says "Why don't you send a sample decal, and I'll show
> it to Gene and get back to you by Mon/Tues". She also told me, "if I
> were you I would not sell while we're doing this." (I chose to do what
> Gene's lawyer told me and that was do "business as usual") I packed up a
> decal , sent it Priority Mail,... and waited, ...... and waited.
>
> In the meantime, Wayne is still emailing me, .. telling me that to be
> licensed thru him: "Each Item needs to be inspected and approved. 10% of
> retail sales or 15% of Wholesale sales is the fee to us. The item's must
> also be supplied to us at your cost + 10% for our distributor sales. The
> item's will then carry a Made under Licence Sticker on the item or
> packaging."
>
> While waiting, I also asked him if I had to stop selling my decals? He
> said ..." We have "not" been Shutting down people who we are trying to
> work with, as you.. " "Some have spoken about putting their prices up
> (higher) to pay the royalty to us, this is up to the individual as to what
> you sell these for, most have a nice margin and have kept them the same"
>
> Samples were sent out Global Priority to Wayne for approval. 5 days later
> I talk to him, and he tells me all the decals look great, .. and he would
> put together a license agreement for me to sign.
>
> Another week goes by so I decide to call Kim. She said that "I shot myself
> in the foot by attempting to sell decals". I told her that M Berns had
> said "it was ok to keep doing business as usual" .. and that Wayne had
> also told me the same thing. I again asked her what were the license
> fees??, .. etc, etc. ... and she couldn't answer? I told her if they ever
> put a plan in place to call me, because I would rather do business in the
> US than send my money off the Australia.
>
> After asking for even more samples, Wayne finally emails me the License
> Agreement Draft. I was shocked .... The fees, went up from $25 (for a $250
> decal) to $60 per decal... plus the agreement stipulates that I have to
> purchase 200 licenses up front ($12,000) for the license priveldge to sell
> the Whitewater Cabinet Decal set!!!! To sell other decals, the same
> up-front payment would have to be made!!! I reminded Wayne that he had
> said that the fees were to be 10% and not 22.3% (of retail), .. and asked
> him to reconsider.
>
> He replied: "The pirate days are over, we paid 900k for for rights and you
> complain about 22.3%, wake up this is not a playground it is big business
> and we will inforce it as such". I emailed back one last time, telling him
> that it was not right to change a "stated agreement" from 10% to over 22%!
>
> His last reply to me was "It is not work me stuffing <worth me messing>
> with 10%, I make more money suing people. Now you will make nothing."
> Wayne's next move was to make a post on the ng, saying that "he's tried to
> work" with resellers????? ... but has no choice but to make and sell
> himself!!! (and we sent him all the decals that we sell, as did everyone
> else, wanting to get licensed) He has everyones art for free and who even
> knows if he sent anything to WMS?
>
> Yesterday M Berns calls me again regarding the website, so I go over the
> above "chain of events" for him 'again', and told him, that I would like
> to be licensed to sell my products, .. or sell them to IPB, ... I don't
> mind paying a fair license fee for the privilege, .. and will do whatever
> is necessary. He said that he would talk to the powers that be (Gene?
> Williams?) and get back to me.
>
> So, ... as you can probably tell, ... I'm at my wits end. Maybe, just
> maybe, ...if everything works out, IPB will be selling my products, like
> they are Jeff's. I'm sorry for this long post, but at least felt that I
> needed to tell you my side of the story.
>
> Thank you all.
> Allen
>
>
.
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- TreasureCove Announcement. (long)
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