Guest TDinDC1112 Report post Posted April 1, 2004 Yeah, I know. Share this post Link to post Share on other sites
Michrome 0 Report post Posted April 1, 2004 -So is ROH's PA promoter's liscense good in every state they run, or do they have to abide by the laws of different states when they run there? I already know the answer to the question. -Why have some of you lowered yourself to "as long as they do what the law requires, then they're ok in my book?" Why is that acceptable? Amazing. What should they do? Get a notary stamp that anyone can get in 5 minutes? It wouldn't prove a damn thing. They have followed every legal step to remove Rob in PA, but yet it's not enough. The idea that they need to follow every corporate filing law in different states, despite the fact that many are directly contradictory, has got to be the most hilarious thing I've heard all week. I guess it's worth one more try: Let's say you take a 1 week vacation to California. Should you have to get a brand new California driver's license to drive there for a week, even though you're not a permanent resident? Of course not. The different state corporate laws, much like the drivers license laws, apply to corporations whose headquarters are in that state. ROH ran a show in England too, should they hire an expert in English law to go through those corporate proceedings too? Just fascinating. Share this post Link to post Share on other sites
Guest OSIcon Report post Posted April 1, 2004 -So is ROH's PA promoter's liscense good in every state they run, or do they have to abide by the laws of different states when they run there? I already know the answer to the question. -Why have some of you lowered yourself to "as long as they do what the law requires, then they're ok in my book?" Why is that acceptable? Are promoter's licenses reguired for each state a promotion runs in? Yes. Are corporations subject to filing documents in every state they do business in? No. I don't think you realize how stupid you sound. You want ROH to do something that is unprecented in the US and doesn't even make sense from a business standpoint. You don't file ownership change documents in states that your business is not located in! If a MLB team's owner was accused of pedophilia, would that team have to register their ownership change information in every single state they play in? Serisouly, you are showing an absurd amount of ignorance here. Stick with "I don't think Feinstein is gone and the proof is not sufficient enough for me." If that is your opinion, everyone can accept that because the choice is yours. But these "points" you are rolling out where you want ROH to do something unprecendented in the history of US business just to satisfy you is ridiculous. -Why have some of you lowered yourself to "as long as they do what the law requires, then they're ok in my book?" Why is that acceptable? You already know the answer to this. I like how you ignored my last post BPS. It is an easy cop out to go: "They are ROH Sheep. They would follow the company no matter what." I already gave you the completle honest truth on my thought process behind the whole thing which was anything but as simple as "Well, I like the promotion so I don't care." Yet you still stick to the "they will follow the promotion no matter what" instead of providing why you believe people have to go beyond the law in order to proof things. Isn't that why we laws? "Lower yourself to what the law requires?" So we should just make our own rules on what we believe? That is what you are saying. Ignore the law, it is below you. Instead do what you think is right. That's anarchy. I needed proof that Feinstein was gone in order for me to feel good about supporing them. I didn't even really like going to their webstie or thinking about ROH before then. They went ahead and got together the documents according to the law of the state they are located in which is what the national law mandates. They did what is done in these situations and what is reguired by law. That is how things are supposed to work in this country. You obide by the law of the state or nation and you are solid. Instead for you guys, you want everyone to obide by your laws whcih is so ridiculous it is not even funny. It is like if I went to get my driver's liscience in Maryland and I passed the test. The instructor tells me I passed the test according to MD law, but he is from Utah and their tests are different there. So he wants to see me pass the Utah test before I get my liscience. It is absurd. I passed according to the law. That is what counts. Not every single individual's law. Share this post Link to post Share on other sites
Guest TDinDC1112 Report post Posted April 1, 2004 Nowhere did I ever say that they should file paperwork in every state. That's crazy. Do people think OJ Simpson is a killer eventhough he was ruled innocent in a court of law? Yes. Has the head of Enron been legally charged with anything eventhough he stole everyone's money? No. Would you let your kid go to Michael Jackson's house to spend the night even though he has never been proven guilty of anything in a court of law? Was it ok for the police to beat Rodney King eventhough they were ruled innocent in a court of law? Is it acceptable that people get off for murder because "temporary insanity" is a legal defense? If you violate California's 3 strikes policy and get sent to jail, even if your 3rd offense is minor, are you a hardened criminal because that's what the law says? Sodomy is illegal in many states? Does that make people who engage in taht criminals because that's what the law says? Is it ok because the gov't says it is that there are people being held by the gov't since 9/11 who haven't talked to a lawyer because it's ruled to be a military issue? If the gov't rules that Howard Stern's show is indecent, then is his show automatically indecent? If the gov't says that marijuana is illegal, and someone is arrested for that, do we all agree that they should go to jail because "that's what the law is?" The gov't says assisted suicide is illegal. So do we blindly say that people who enable that should go to jail because that's what the law is? Certain states have the death penalty. That's what the law is. So I guess everyone thinks that's right? Vince McMahon was ruled innocent in a court of law for accusations of distributing steroids. I guess that means he didn't do it, huh? If ROH has done what PA law requires of them, does that automatically mean they're fine and we like them again because dammit, they only did what they had to do? Share this post Link to post Share on other sites
bob_barron 0 Report post Posted April 1, 2004 Hey wait until the ROH marks start telling you that RF "isn't REALLY a pedophile" because he didn't actually "do anything." I mean, he just showed up...he might have just wanted to hang out with the kid...right? But no one has said that yet have they? It's amazing how some of these people will delude themselves into believing what they want to, just so they can keep watching ROH with a clear conscience...at the expense of logic and common sense. ROH has done everything required of them to prove that RF is gone. They couldn't run the 3.13 show if RF was still there. Every wrestler vowed to quit if RF was still there. Would you like them to publically hang Rob at their St. Paul show and then hire a coroner to prove that yes- they really did hang Rob. You can point out the basic flaws until you're blue in the face, but all you're going to get from a lot of these ROH marks is: "BAAAAA!" Sheep. It's what's for dinner. I don't see what you're talking about. ROH has done everything to transfer ownership from Rob to Doug. ROB IS GONE. So I still don't get what point you're trying to make? No one here is defending or supporting Rob. But there are people who are supporting and defending ROH. Share this post Link to post Share on other sites
Guest TDinDC1112 Report post Posted April 1, 2004 Would you like them to publically hang Rob at their St. Paul show and then hire a coroner to prove that yes- they really did hang Rob. How about Chicago. Share this post Link to post Share on other sites
Guest TDinDC1112 Report post Posted April 1, 2004 I'm giving up on this issue due to lack of energy to debate this. I like both promotions. In fact I like ROH significantly more. I think both promotions have their faults, and those faults lay in different aspects of the promotions. I think TNA is in every right to ask their wrestlers to do whatever they want them to do. It may suck, but they still can do it. They can ask them to jump off a cliff if they want. They don't have to though, and they can also tell TNA to stick it. I suspect they won't though. I can't imagine what type of compromise Gabe and TNA came to last night. I think their compromise should be that they never even think about each other ever again. Share this post Link to post Share on other sites
Guest Dynamite Kido Report post Posted April 1, 2004 See, I hate hearing all of this shit. I try and be objective as I can because of the fact that I am a wrestling fan. Not an ROH fan, not a WWE fan, not a TNA fan, etc. etc. I am a wrestling fan, and I enjoy watching every organization out there. The more wrestling I can watch the better. If you have a problem with ROH because you are not comfortable with it, then fine. But don't bash others because they don't feel the same. Me personally though I have stated my feelings about ROH several times. I do like ROH, and I feel that they put on the best in ring product in the US today, thus the reason why I enjoy it so much and I said I'd give ROH the benefit of the doubt. I also said that if I find out at any time that RF is still involved with it(with solid proof, and not just hearsay) then I'll never watch it, or support the product EVER again. But I guess that's not enough for some people....... Share this post Link to post Share on other sites
Guest TDinDC1112 Report post Posted April 1, 2004 from Dave Scherer at pwinsider.com "TNA sources have told me that at yesterday’s meeting, TNA officials asked Sapolsky to sign a document that stated that stated definitively that Feinstein was no longer with ROH. Sapolsky didn’t sign it, saying he wasn’t an officer of ROH and had no standing to do so. He said that Doug Gentry, who ROH has said is now in charge since Feinstein “left”, would have to handle that since he is the company president. There is now a conference call set up for tomorrow with Gentry and TNA officials to further discuss the issue." Share this post Link to post Share on other sites
The Thread Killer 0 Report post Posted April 1, 2004 Credit Wrestling-News.com for the research. The information below consists of public records obtained regarding ownership of RF Video Inc, and Ring Of Honor Inc. While researching the information, we found that a third corporation is currently active, which we listed below: RF VIDEO INC PO BOX 797 LANGHORNE, PA 19047 TEL# 215-891-9404 BUSINESS STARTED: 1992 DATE OF INCORPORATION: 12/29/1995 STATE OF INCORPORATION: PENNSYLVANIA TYPE OF BUSINESS: MOTION PICTURE/TAPE DISTRIBUTION LOCATION OF RF VIDEO OFFICE: 865 GREEN RIDGE CIRCLE LANGHORNE, PA 19053 Telephone: 215 891-9404 PREVIOUS ADDRESS: 333 S Oxford Valley Rd Ste 406 Fairless Hills, PA, 19030 Number of employees on record: 3 EXECUTIVE(S): PRESIDENT - ROBERT FEINSTEIN INFORMATION ACCURATE AS OF 12/30/2003 -------------------------------------------------------------------------------- EXTREME VIDEO ENTERTAINMENT INC 78 FAIRWAY DRIVE LANGHORNE, PA 19047 BUSINESS STARTED: 2001 DATE OF INCORPORATION: 3/21/2001 STATE OF INCORPORATION: PENNSYLVANIA TYPE OF BUSINESS: ADULT MOTION PICTURE/TAPE DISTRIBUTION LOCATION OF EXTREME VIDEO ENTERTAINMENT INC OFFICE: 78 FAIRWAY DRIVE LANGHORNE, PA 19047 PREVIOUS ADDRESS: None Number of employees on record: 1 EXECUTIVE(S) PRESIDENT - ROBERT FEINSTEIN INFORMATION ACCURATE A/O 12/30/2003 -------------------------------------------------------------------------------- RING OF HONOR INC 78 FAIRWAY DRIVE LANGHORNE, PA 19047 TEL# 215-891-9404 BUSINESS STARTED: 2002 DATE OF INCORPORATION: 1/8/2002 STATE OF INCORPORATION: PENNSYLVANIA TYPE OF BUSINESS: WRESTLING LOCATION OF RING OF HONOR INC OFFICE: 78 FAIRWAY DRIVE LANGHORNE, PA 19047 Telephone: 215 891-9404 PREVIOUS ADDRESS: None Number of employees on record: 3 EXECUTIVE(S) PRESIDENT - ROBERT FEINSTEIN INFORMATION ACCURATE AS OF 12/30/2003 --------------------------------------------- Comments: When Rob Feinstein "stepped down" from RF Video and Ring of Honor, many were questioning one thing:... Since he stated both entities would continue running, how does stepping down change his status with the companies? There were many fans questioning the impression coming off the statement, that Feinstein would no longer be involved with the companies. So, we searched our resources for public records of the companies. All three corporations above are still active and have tax filings. Unless anyone else purchased executive stock in the companies, it appears that Rob Feinstein owns it all. Even if Gabe or anyone else has any stock interest, Rob Feinstein is the majority owner. Interesting how they would give the impression he no longer has affiliation with the companies, yet he's the president and is the majority shareholder. In simple english, the corporations are still his. For those who will ask, if he is subject to any criminal charges, he cannot transfer ownership of the companies to anyone while under investigation. If nothing is filed though, he can sell his majority interest in all three companies. Not to sound sarcastic, but simply "stepping down" does didley squat. He still owns it. That's why if I were them, I would seriously think before making any comments or statements. Because between the "obstacle" comment made by Gabe, to stating he's "stepping down", they seem to be most concerned about selling tapes and running shows. Now I understand why Gabe can't fire Rob....Feinstein is the majority owner of everything! And Feinstein probably can't even sell his stock right now even if he wanted to. One last thing to everyone. For people asking my opinion on their merchandise & shows.....You make your own decision if you wish to attend a show (if there are any), buy a video or DVD. I think it's only fair that you know who really owns the company before you spend another dollar. My personal opinion is simple. I've read the transcript. Ive seen the footage. I've read a few comments from them. In my opinion, there are people that would prefer to continue to work with an alleged pedophile, than lose a payday, lose a job, lose their notariety. And when they publicly stated they were going to continue operations, that means people including Gabe agreed to continue working for Rob Feinstein who owns the companies. That in itself should show you where Gabe's priority is. Anthony DeBlasi Wrestling-News.com Webmaster Statement From ROH About Change In Ownership Posted By Ashish on 03.05.04 Latest on ROH controversy... Statement from Douglas I. Gentry New President and CEO RF Video, Inc. and Ring of Honor, Inc. As a result of a personal incident in which Mr. Feinstein was involved, both RF Video and Ring of Honor have made some necessary changes in both management and ownership of our companies. This was a personal incident and RF Video and Ring of Honor as corporations were not involved. RF Video and Ring of Honor are family-friendly organizations. We value all of our customers, vendors and business partners. As a result, the board of directors of both corporations voted officially this afternoon to release Robert Feinstein as president and CEO of both RF Video and Ring of Honor. As of today, Mr. Feinstein is no longer officially associated with either company or any upcoming events and I was named as the new President and CEO of both corporations. He has been dissolved of all responsibility and ownership in both companies. Our corporate attorney is currently working on all the necessary paperwork. We are also exploring a new name change for RF Video, Inc. and we will have more details soon. We want to thank you all for the many positive messages we have received from hundreds of you, including fans, talent and business partners. We are very excited about the many upcoming wrestling events in 2004! ROH has done everything required of them to prove that RF is gone. They couldn't run the 3.13 show if RF was still there. Every wrestler vowed to quit if RF was still there. Would you like them to publically hang Rob at their St. Paul show and then hire a coroner to prove that yes- they really did hang Rob. I don't see what you're talking about. ROH has done everything to transfer ownership from Rob to Doug. ROB IS GONE. So I still don't get what point you're trying to make? No one here is defending or supporting Rob. But there are people who are supporting and defending ROH. You saw Doug's message? It was BULLSHIT. RF Video and ROH were (and ARE) made up of THREE people. Rob Feinstien, Doug Gentry, and Gabe Saplowsky...and Gentry and Saplowsky were PAID EMPLOYEES. THERE IS NO BOARD OF DIRECTORS...and when Gentry got called on it, they PULLED it from the website. RF was running the whole show, with money he got from RF Video, a Private Investor from New Jersey, and money from D.S.E., which owns PRIDE. So Rob transfers the company name to Doug Gentry, and stops coming to the shows, because he's afraid Samoa Joe will kill him. ALL that ROH has done is sign a paper saying that Gentry owns the company now. Whoope Fucking Doo. If Gentry and Saplowsky wanted to seperate themselves from Feinstein so bad, why didn't they just do what Misawa did with AJPW? Take ALL of the wrestlers, and SPLIT? Start your OWN new company, with a new name, and new ownership? You know why they didn't do that...they couldn't afford to. Doug Gentry is RF's room mate for gawd's sake. Rob Feinstien is still behind the scenes, pulling the strings, and it's HIS MONEY. Hell, there have even been plenty of reports that Gentry still lives with RF, and that RF has been spotted at the RFvideo offices. Face it Bob, you got free ROH tapes from ROH, and now you're trying to justify the fact that you pimped a company owned by a pedophile. Argue if you want, but all it sounds like is: BAAAAAAA. Share this post Link to post Share on other sites
Sass 0 Report post Posted April 1, 2004 Cudos on your post Dave. This was probably one of the best posts I've seen you make in a while. You can still bring the heat sir. Share this post Link to post Share on other sites
Guest Man Of 1,004 Modes Report post Posted April 1, 2004 Damn, I wouldn't even try arguing Thread Killer's last post (if I was Pro-any side). I won't quote a post that long, so I'll just say CHECK MATE. According another thread though, it appears TNA & RoH are coming to an agreement about talent under TNA contract to still work RoH. Share this post Link to post Share on other sites
bob_barron 0 Report post Posted April 1, 2004 You saw Doug's message? It was BULLSHIT. RF Video and ROH were (and ARE) made up of THREE people. Rob Feinstien, Doug Gentry, and Gabe Saplowsky...and Gentry and Saplowsky were PAID EMPLOYEES. THERE IS NO BOARD OF DIRECTORS...and when Gentry got called on it, they PULLED it from the website. RF was running the whole show, with money he got from RF Video, a Private Investor from New Jersey, and money from D.S.E., which owns PRIDE. So Rob transfers the company name to Doug Gentry, and stops coming to the shows, because he's afraid Samoa Joe will kill him. ALL that ROH has done is sign a paper saying that Gentry owns the company now. Any company can pretty much form a Board of Directors and that's what RF did. I think the documents showed that Rob wasn't even the majority owner of ROH- but it was some invester (who you reffered to) They did everything required by them by law to transfer ownership and they were able to prove to the Rex Plex and the wrestlers themselves that Rob was adios. TNA also seems to be satisfied. Good enough for me. If Gentry and Saplowsky wanted to seperate themselves from Feinstein so bad, why didn't they just do what Misawa did with AJPW? Take ALL of the wrestlers, and SPLIT? Start your OWN new company, with a new name, and new ownership? Because that'd be stupid. Changing the name would just be a waste of money and wouldn't change anything. They might as well show that they are moving on without Rob and trying to make everything back to normal. You know why they didn't do that...they couldn't afford to. Doug Gentry is RF's room mate for gawd's sake. Rob Feinstien is still behind the scenes, pulling the strings, and it's HIS MONEY. Hell, there have even been plenty of reports that Gentry still lives with RF, and that RF has been spotted at the RFvideo offices. I haven't heard anything about that. All I've heard is that they've done everything they're legally supposed to do to prove that Rob is gone and that's good enough for me. If ROH still keeps putting on great shows I'll watch them. Face it Bob, you got free ROH tapes from ROH, and now you're trying to justify the fact that you pimped a company owned by a pedophile. Argue if you want, but all it sounds like is: BAAAAAAA. This is where you don't know what you're talking about. I don't care that I plugged RFVideo in the past and I have no problems doing it now. Everything I've read or heard points to Rob being gone and that's good enough for me. You can call me a mindless sheep all you want but I've always criticised ROH if I don't agree with them- free tapes or not. According another thread though, it appears TNA & RoH are coming to an agreement about talent under TNA contract to still work RoH. That's good to hear. I think TNA didn't expect the huge backlash they were going to get and really had no choice but to back down. Hopefully this ends the stupid fighting between both companies. Share this post Link to post Share on other sites
Guest OSIcon Report post Posted April 2, 2004 I wasn't going to respond to that article because a.) It is pretty old and I've already responded to it and b.) Most of the "facts" presented in it have already been discussed and disproven within this thread. But here we go. ROH and RF Video are corporations. They are registered as such and thus are subject to the same rules and regulations as corporations. Corporations have nothing to do with size of a company. You simply have to register a company has a corporation instead of a partnership or propreitership (there are other subsets of classifications but that is the simple answer). When you register the company as a corporation, it becomes its own legal entity. Meaning that no one person doesn't own or assume the assets or liabilities of the corporation. Those things "belong" to a corporate entity. One of tha advantages of a corporation is that it is not one person's company. The CEO doesn't own all the assets nor would he assume all the debt if a company went under. A related perk is that anyone, even the founder and CEO, can be removed from his spot by a board of director vote. This is what ROH did. Now, I would actually be surprised if the board of directors ever officially gathered before or if there was even set members of the board. I wouldn't be surprised at all if the "board" was put together impromptu when this thing happen. However, that doesn't make it any less valid, because as a corporation, both companies have a "right" (actually need) a board. They voted Feinstein out. That was the first message we got. People got on ROH for the poor word choice in those first two statements (mainly ambigious wording that people construed to mean "Feinstein is still there"). Gabe aknowledged the poorly written statements and they replaced them with a better worded one. It had nothing to do with Doug removing it when getting called out on the board of directors despite what you want to assume you know. The whole proceedure of a board of directors removing a CEO from his position goes down just as ROH described it. As a legal corporation (they are filed as such), there is no reason to believe that RF Video and ROH couldn't and didn't do just that. Unless of course you want to assume, but that's a two way street and won't get us anywhere. I like to stick to facts which is they are corporations and can legally do exactly what they described they did. Now, that gets Feinstein out of his positions with the company (he already announced that he stepped down so that was really a formality). However, he still owned interest in the company. That is where the documents set to 1wrestling come in. Feinstein still owened shares in the companies. Meaning, he had invested money into the two companies (obviously) and some of that money was still tied up in them. What happens in that situation is somebody (either the corporate entity or an individual) has to cover whatever amount of money Feinstein currently has invested into the company (not counting money he has taken out) and the corporation gives Feinstein his money back. Doug (either by himself or with assistance from someone else or money that belonged to the corporate entity) put up that money to buy Feinstein's 1,000 shares in the company (shares are just a way of simplifying dollar amounts). The documentation tells us that is what happened and as far as anyone knows, that is what happened. Unless we want to just start pulling conspiracy theories out of the air. On a side note - - there were and are more paid employees in RF Video than just Gabe, Doug, and Rob. But let's just ignore facts right? I love the continuing sheep comments. That is a nice scapegoat. I wish it worked everywhere. When ever someone disagreed with me, I would just ignore the facts they presented and act like a two year old going "Baaaaahhhh". All I see is people like Mike Rome, Bob Barron, and myself disputing your "facts" with facts, and you coming back with "Baaaaaahhhh." Really helps your case. Now if you would respond to the points I made correcting an error I made in my facts, then maybe your argument would get somewhere. Share this post Link to post Share on other sites
Michrome 0 Report post Posted April 2, 2004 Well thankfully someone did it, because I've responded to those same idiotic points on countless messageboards. Anyway, as it turns out, all TNA wants is for ROH to sign a document garaunteeing Rob is gone. This way, if it turns out he's not, they can claim they were defrauded, and won't be guilty by association. Smart, right? I can't help but wonder why they didn't just call Gabe in the first place and ASK FOR THIS. Why did they go to the talent first and just ask them to leave RoH if this was their issue? The more likely story is they asked these guys to leave, Daniels and Styles balked, the internet went nuts, people started calling fox, and they made this the issue in order to save face, because if this was really the issue the whole time, the way they dealt with it is almost as bad as RoH's PR after the RF incident. Either way, it looks like all will be fine. Share this post Link to post Share on other sites
The Thread Killer 0 Report post Posted April 2, 2004 I wasn't going to respond to that article because a.) It is pretty old and I've already responded to it and b.) Most of the "facts" presented in it have already been discussed and disproven within this thread. But here we go. So you weren't going to respond, but now you are. Thanks for keeping us all up to date on your inner thought process. As long as we're telling everybody what we're thinking about, I'm thinking of eating a Twix Bar. ROH and RF Video are corporations. They are registered as such and thus are subject to the same rules and regulations as corporations. Corporations have nothing to do with size of a company. You simply have to register a company has a corporation instead of a partnership or propreitership (there are other subsets of classifications but that is the simple answer). When you register the company as a corporation, it becomes its own legal entity. Meaning that no one person doesn't own or assume the assets or liabilities of the corporation. Those things "belong" to a corporate entity. One of tha advantages of a corporation is that it is not one person's company. The CEO doesn't own all the assets nor would he assume all the debt if a company went under. A related perk is that anyone, even the founder and CEO, can be removed from his spot by a board of director vote. This is what ROH did. Now, I would actually be surprised if the board of directors ever officially gathered before or if there was even set members of the board. I wouldn't be surprised at all if the "board" was put together impromptu when this thing happen. However, that doesn't make it any less valid, because as a corporation, both companies have a "right" (actually need) a board. They voted Feinstein out. That was the first message we got. People got on ROH for the poor word choice in those first two statements (mainly ambigious wording that people construed to mean "Feinstein is still there"). Gabe aknowledged the poorly written statements and they replaced them with a better worded one. It had nothing to do with Doug removing it when getting called out on the board of directors despite what you want to assume you know. The whole proceedure of a board of directors removing a CEO from his position goes down just as ROH described it. As a legal corporation (they are filed as such), there is no reason to believe that RF Video and ROH couldn't and didn't do just that. Unless of course you want to assume, but that's a two way street and won't get us anywhere. I like to stick to facts which is they are corporations and can legally do exactly what they described they did. Now, that gets Feinstein out of his positions with the company (he already announced that he stepped down so that was really a formality). However, he still owned interest in the company. That is where the documents set to 1wrestling come in. Feinstein still owened shares in the companies. Meaning, he had invested money into the two companies (obviously) and some of that money was still tied up in them. What happens in that situation is somebody (either the corporate entity or an individual) has to cover whatever amount of money Feinstein currently has invested into the company (not counting money he has taken out) and the corporation gives Feinstein his money back. Doug (either by himself or with assistance from someone else or money that belonged to the corporate entity) put up that money to buy Feinstein's 1,000 shares in the company (shares are just a way of simplifying dollar amounts). The documentation tells us that is what happened and as far as anyone knows, that is what happened. Unless we want to just start pulling conspiracy theories out of the air. First Question So who is on this ROH Board Of Directors? Gentry, Saplowsky, and WHO? Let's say they DID put together an emergency Board Of Directors to vote Feinstein out, then who is on it, and why don't we know? They were quick to tell us that there WAS a board, so why don't we know who is ON this board? If this was legit, don't you think they would be quick to tell us who assumed control? Second Question Let's say that ROH really DID put together a mystery Board of Directors, and they did remove Feinstein from his position. WHERE did Gentry get the money to suddenly take control of ROH? It's a fact that Gentry and Feinstein were roommates. So how did a guy who couldn't even live on his own get the money to buy out Rob Feinstein? If Feinstein is gone, you should ask: HOW was he replaced? You don't think that just MAYBE Feinstein gave him the money, in exchange for still getting a cut of the profits behind the scene? The Point... ROH is asking the fans to trust that they have a Board of Directors, and that Gentry is now the owner. I don't doubt that they have some sort of Board ON PAPER, and I don't doubt that Gentry is the CEO ON PAPER. Here's the problems: 1) I don't think the ROH "board" or Gentry had the financial resources to cut ties with Feinstein. They still need his money. 2) It's pretty much agreed that Rob Feinstein is an asshole...these allegations aside. I don't think if he HAD been forced out of ROH, he would have gone so quickly and quietly. The fact that he meekly agreed to step aside and disappear makes me suspicious, and it SHOULD make other people suspicious too. This is a man who made his living off bootlegging tapes, but had another person who was doing the same thing as he was JAILED. (Mike King.) This is a man who trolled the DVDVR boards and made fun of a member there DYING. This is a man who bragged to a supposedly 14 year old boy that a bunch of wrestlers "worked for him." The man is a jerk. Isn't it LOGICAL to assume that the only way he' go away quietly is because he isn't REALLY going away? This is a guy who's just going to say: "Okay, you got me. Bye!" Why won't they release the list of who sits on their supposed Board Of Directors? Why won't they announce WHO are the investors in the company that made the buyout possible, and how the ownership structure now works? How much does DSE own? How much does this mystery investor from New Jersey own? How much does Doug Gentry really own, and where did he get the money all of the sudden? People keep saying that places like the Rec Plex, or all the wrestlers won't work for ROH if Rob Feinstein is around, and I beleive that. He's not at the shows, he is never seen, but HOW was he bought out? I don't think the wrestlers WANT to know that. They want to work, and fans want to see them work, so everybody accepted the letter claiming transfer of ownership at FACE VALUE, and refused to ask any questions. WHY? I think ROH has an obligation to overturn every stone, and answer every question, to prove beyond a shadow of a doubt that Feinstein is gone. Why? Because they want your money, and if they want you to give it to them, they should have to PROVE that your money isn't going to pay for Feinstein's gas money, for his Lexus, so he can go molest a kid. People are so desperate to see this whole situation go away, that they aren't asking any questions. Well they should. If ROH wants your money, then they should bloody well PROVE that there is NO chance it's going into Feinstein's pocket...directly or indirectly. They owe you that much, but they haven't had to give the answers, because there are so many people who just say... BAAAHHHH! Share this post Link to post Share on other sites
Guest OSIcon Report post Posted April 2, 2004 So you weren't going to respond, but now you are. Thanks for keeping us all up to date on your inner thought process. As long as we're telling everybody what we're thinking about, I'm thinking of eating a Twix Bar. Actually, I was getting across how dumb your post was dragging up something that had been discussed at length previously. Your post was nothing more than stuff that has already been covered and generally accepted as "false" facts. So who is on this ROH Board Of Directors? Gentry, Saplowsky, and WHO? Let's say they DID put together an emergency Board Of Directors to vote Feinstein out, then who is on it, and why don't we know? They were quick to tell us that there WAS a board, so why don't we know who is ON this board? If this was legit, don't you think they would be quick to tell us who assumed control? So it is not legit because they don't go on their website and list the board of directors? How is that logical? How does you knowing the board members make it anymore legit? Why would a company need to list all their board members when mentioning they took a vote? You're really fishing now. If ROH leaves out any bit of information (whether it is relevant or not) you immediately chalk it up to them hiding something. Listing the board members has absolutely ZERO relevance to the issue. There was/is no need for ROH to to post a list of the board members' names when posting their statement. What other companies do that? (That question could be asked a lot in this case). Let's say that ROH really DID put together a mystery Board of Directors, and they did remove Feinstein from his position. WHERE did Gentry get the money to suddenly take control of ROH? It's a fact that Gentry and Feinstein were roommates. So how did a guy who couldn't even live on his own get the money to buy out Rob Feinstein? If Feinstein is gone, you should ask: HOW was he replaced? You don't think that just MAYBE Feinstein gave him the money, in exchange for still getting a cut of the profits behind the scene? Like I've said in my previous posts, I am not here to make assumptions because we could go back and forth doing that and would be here for years. There are plenty of other ways Doug could have gotten the money OTHER than the conspiracy theory option involving Feinstein. He may have it saved (or do you know his personal finances also?), the money could have been taken from the corporate entity, or one of the other 2 investors could have footed him the money. There are other options too. You act as if the Feinstein option is so obvious and very probably when they are many other just as propable (some even more probable) ways he could get the money. What you are doing is deciding: "Feinstein is still with the company". Then you are going back and looking for any possible evidence or assumptions (mainly assumptions) that could support it. 1) I don't think the ROH "board" or Gentry had the financial resources to cut ties with Feinstein. They still need his money. It's been reported (I think by Mike Johnson) and Gabe has confirmed this, that Feinstein hadn't put money in the company in a while and that there are two other primary owners. Basically, that Feinstein funded the start of the company and then left it up to the other two investors and the money that ROH was now generating to fund the company. With two other owners, ROH generating money on it's own, and added money (from Doug or someone acting on behalf of Doug), it is completely plausible that they have enough money. Again, nobody knows for sure what their financial situation is unless we were to see the books, but according to various sources, the actual money RF STILL had in the company (meaning money he hadn't withdrawn) wasn't anywhere near the majority of the company's capital. 2) It's pretty much agreed that Rob Feinstein is an asshole...these allegations aside. I don't think if he HAD been forced out of ROH, he would have gone so quickly and quietly. The fact that he meekly agreed to step aside and disappear makes me suspicious, and it SHOULD make other people suspicious too. He wouldn't have a choice. I went over this in my last post. A legal corporation has the right to vote a CEO or President out of his position. Ted Turner probably didn't want to step aside from Time Warner, but he head no choice. Michael Eisner probably wants to keep his spot with Disney, but if the board decides against it, he has no choice. Once that is done, Feinstein's only option is to sell his stock. The company almost definitely doesn't pay dividends (no corps. that size usually do) so Feinstein wouldn't benefit from holding onto his stock. This is a man who made his living off bootlegging tapes, but had another person who was doing the same thing as he was JAILED. (Mike King.) This is a man who trolled the DVDVR boards and made fun of a member there DYING. This is a man who bragged to a supposedly 14 year old boy that a bunch of wrestlers "worked for him." The man is a jerk. Isn't it LOGICAL to assume that the only way he' go away quietly is because he isn't REALLY going away? Nobody is questioning Feinstein's character. He is an asshole. However, if voted off, he has no choice. Plus, while I know Feinstein has a less then reputable character, the other's at ROH are very reputable from what I have seen myself. I do have reason to believe them. While we are talking logic, isn't it also logical to assume that the other men who have financial stake in ROH WOULDN'T put all their money on the line, just hoping that nobody would find out Feinstein still owns the company? Most logical people would not risk their music like that. Just because someone has a questionable character, is is far from a safe assumption that ALL of his actions will be negative. Why won't they release the list of who sits on their supposed Board Of Directors? Because there is no need to and it wouldn't add any relevant information? How does knowing the names of the other investors and ROH employees who sat in on the board really confirm the truth? It doesn't. Why won't they announce WHO are the investors in the company that made the buyout possible, and how the ownership structure now works? The same reason the other owners weren't made public before (most people didn't even know there were other owners). These people obviously want to remain private. They have told us that Doug owns Feinstein's portion of the company. What else do you need to know? How does knowing how many shares of stock the other investor's own really help prove Feinstein is gone? Again, it doesn't. :Cut a bunch of stuff already covered: I don't think the wrestlers WANT to know that. They want to work, and fans want to see them work, so everybody accepted the letter claiming transfer of ownership at FACE VALUE, and refused to ask any questions. WHY? So none of the wrestlers have strong enough morals to make sure to the best of their ability that Feinstein is gone? That's a pretty bold statement. Nice to know you have the morals though. I think ROH has an obligation to overturn every stone, and answer every question, to prove beyond a shadow of a doubt that Feinstein is gone. Why? Because they want your money, and if they want you to give it to them, they should have to PROVE that your money isn't going to pay for Feinstein's gas money, for his Lexus, so he can go molest a kid. I agree to an extent. However, you have to draw the line in the sand somwhere. What is beyond a shadown of a doubt? You have said before that a problem of yours is that Doug could be paying him under the table. So does that mean you think Doug is obliged to show you his check book so that you know he is not paying Feinstein money? That is abusrd. They have proven with legally sufficient documents that Feinstein is gone from the company. What further steps can be taken realisitcally? People are so desperate to see this whole situation go away, that they aren't asking any questions. Well they should. If ROH wants your money, then they should bloody well PROVE that there is NO chance it's going into Feinstein's pocket...directly or indirectly. They owe you that much, but they haven't had to give the answers, because there are so many people who just say... BAAAHHHH! From now on I will come to you so you can tell me when I should be convinced of something and make sure my morals are in-line with yours. Legal proof has convinced me. Could Feinstein be getting money on the side? Maybe. I'll never know though. Neither will you. I am not going to stop doing something just because I have a hunch (and that's all it is) that my money may somehow be getting to Feinstein through Doug. If I found out that my doctor has a brother who was a rapist, should I stop paying the good, honest, doctor just because his brother may give him money for Christmas and I would therefore be supporting a rapist? I completely agree that it is good to be cautious in this situation. I was. However, now it has reached a portion with over caution. The problem is, people are just being overly cautious with just this situation. I can't go through life affording paying anyone that has an association with a "bad" person. Share this post Link to post Share on other sites
Guest Dynamite Kido Report post Posted April 2, 2004 Nice post there OSIcon. I think this is the point that everyone here seems to be missing: Could Feinstein be getting money on the side? Maybe. I'll never know though. Neither will you. I am not going to stop doing something just because I have a hunch (and that's all it is) that my money may somehow be getting to Feinstein through Doug. If I found out that my doctor has a brother who was a rapist, should I stop paying the good, honest, doctor just because his brother may give him money for Christmas and I would therefore be supporting a rapist? Very well put..... Share this post Link to post Share on other sites