90 Million for 10k subs? Anybody got Kohler’s number, I want that deal :-)
Mark > On Apr 18, 2016, at 1:33 PM, Chuck McCown <[email protected]> wrote: > > I have about 220K words written on everything up to about 10 years ago. This > last 10 years has not been much fun. Having a hard time forcing myself to > write about this. > Perhaps when the dust has settled I will get back to it. > > -----Original Message----- From: Adam Moffett > Sent: Monday, April 18, 2016 11:31 AM > To: [email protected] > Subject: Re: [AFMUG] what is the difference between mccown tech and beehive? > > Or a made for TV Docudrama > > On 4/18/2016 1:30 PM, Josh Reynolds wrote: >> You need to write a book on this >> >> On Sun, Apr 17, 2016 at 10:33 PM, Chuck McCown <[email protected]> wrote: >>> There has always been McCown Tech since the early 19902.. It was the owner >>> of intellectual property (Patents, designs, trademarks etc) as well as the >>> owner of all critical production machinery. My wife and I own this 100% >>> >>> Beehive Telephone Company was started in 1963 by Art Brothers. He died a >>> couple of weeks ago. >>> I worked for Beehive Telephone off and on for about 30 years. Quit 4 times >>> fired twice. >>> >>> I actually came from Oregon Telephone. Art hired me to get him out of >>> trouble with the REA (now called RUS) in 1986 as he had used materials that >>> were not allowed under the loan program and they were denying him loan draw >>> downs. I was a central office installer and a REA contract inspector in >>> Oregon so I knew the proper way to do things. Art did nothing properly. >>> So I helped Art learn how to properly build a telephone company and get out >>> of trouble with the feds. (It was a mess, crappy PBX systems in semi >>> trailers in the desert as central offices). >>> >>> I had a hard time working for him and his wife de jour for any length of >>> time and went to Quincy Illinois, started MTC and manufactured airborne PBX >>> systems for head of state, corporate and military aircraft. Art kept trying >>> to get me to come back to Beehive. I did as a consultant and contractor >>> and eventually stayed in 1999. >>> >>> In 2003 I used the insurance settlement from a personal tragedy and started >>> the WISP Wireless Beehive with Art Brothers. 50/50 >>> >>> I started WB Manufacturing a couple of years later having developed some >>> antennas used by Wireless Beehive. >>> >>> In 2013, we sold to Digis. Art told his wife (7th wife, about 40 years his >>> junior, second Russian wife (6th if you don’t count common law)) that we >>> got $90M and I would not give him any. He was a character. Prevaricator >>> and confabulator without peer. She started to get paranoid I think (a >>> common trait amongst Russians). >>> >>> During Wispapalloza the fall of 2013, while I was in Vegas, Art, his wife >>> and her attorney rolled in and cleaned out a bunch of bank accounts. He >>> told all the employees he was dying of a brain tumor and was going to >>> travel the world. They engineered a takeover firing of myself, CFO, COO and >>> several others. Most of the employees I hired and gave equity to all sided >>> with the coup. (A regular paycheck is more powerful that integrity and >>> loyalty I guess. ) Brain tumor never reappeared... >>> >>> And then they started suing almost everyone that got fired. This has been >>> going on for a couple of years. >>> >>> So, no I was not about to continue to operate WB Manufacturing to the >>> benefit of a guy the was suing me. WBM is also subject to the lawsuit as >>> is my wife, the wife of the CFO, and a handful of other going concerns >>> they shut down the the frenzy of attempting to rain fire from the sky. >>> (Then even bought the mortgage of my factory building from Zions bank, told >>> me they were now my banker, declared me a risk and said I was in default due >>> to extraordinary risk and were going to foreclose. I was never late on a >>> payment, they even returned payments they had accepted and refused to take >>> any more payments... I have a TRO against them and a pending suit against >>> them on that too) >>> >>> MTC was in operation and was a going concern and owned all the IP and rights >>> to everything. So MTC just started selling what it already owned. WB >>> Manufacturing is in mothballs and has been for a long time pending >>> litigation and liquidation. >>> >>> Art has done this before. 21 years ago this month, he did almost the exact >>> same thing to his kids. Threw them out, sued them, and really never talked >>> to them since. >>> >>> He was a ward of the state growing up. Lived in 13 different foster >>> families. Learned to burn every bridge, take every advantage and make no >>> permanent friends. He has burned everyone that has spent more than a >>> handful of years with him and every business partner he ever had that had >>> skin in the game. I knew what he was like when I came back to Beehive in >>> 1999. That is the reason MTC solely owns the IP, critical production >>> equipment and all rights. It is also the reason I owned (I thought) my own >>> building... >>> >>> The 30 somethings (sycophants?) that he assigned to take the jobs that were >>> vacated are currently living high on being captains of business and >>> industry and trying to continue to show the old guys how difficult they can >>> make things for us. Tough guys, real hard ball players... >>> Hubris Writ Large. >>> >>> As long as they keep the Russian happy, they will probably have jobs... >>> >>> So, did that answer the question? >>> >>> >>> From: Rory Conaway >>> Sent: Sunday, April 17, 2016 9:01 PM >>> To: [email protected] >>> Subject: [AFMUG] what is the difference between mccown tech and beehive? >>> >>> >>> Are they 2 separate companies now? >>> >>> >>> >>> Rory Conaway • Triad Wireless • CEO >>> >>> 4226 S. 37th Street • Phoenix • AZ 85040 >>> >>> 602-426-0542 >>> >>> [email protected] >>> >>> www.triadwireless.net >>> >>> >>> >>> “I wish I could play little league now. I’d be way better than before.” >>> >>> >
