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<blockquote data-quote="bacha29" data-source="post: 2060406" data-attributes="member: 58386"><p>Once again it comes down to how much unsecured high risk capital you are willing to put on the table.There are many factors that go into that decision but demographica have to be at the top of the list and contract language has to be ahead of that. By the way I found something interesting. A few months ago X demanded that the 150 named plaintiffs in one of the numerous class actions turn over their state and federal income tax returns for X to use as part of their defense claiming that the fact that the plaintiffs filed as self employed sole proprietors validated X's claim that they were " independent contractors". This was just another shameless and desperate ploy in an attempt to defend the indefenseable. Needless to say that the federal judge had to do some Basic Law 101 by rejecting with anger X's motion reminding X and it's counsel that the information they demanded was private and protected by law and that X and it's counsel knew it but the law doesn't seem to matter to X.The judge went on to point out that the plaintiffs had to file as self employed because X handed them 1099's and proclaimed them to be independent contractors there by placing the burden of proof that they were "independent contractors" on X not the plaintiffs. If you ISP's want to bet a truck load of borrowed money on the belief that this organization will always grant your equity participation it's rightful place when mapping out it future business stategy, good luck. At the same time there are probably just as many if not more who would no longer tolerate this type of corporate blackmail because of having positioned themselves in a manner whereby they don't have to tolerate it any longer and how ISP's can say that?</p></blockquote><p></p>
[QUOTE="bacha29, post: 2060406, member: 58386"] Once again it comes down to how much unsecured high risk capital you are willing to put on the table.There are many factors that go into that decision but demographica have to be at the top of the list and contract language has to be ahead of that. By the way I found something interesting. A few months ago X demanded that the 150 named plaintiffs in one of the numerous class actions turn over their state and federal income tax returns for X to use as part of their defense claiming that the fact that the plaintiffs filed as self employed sole proprietors validated X's claim that they were " independent contractors". This was just another shameless and desperate ploy in an attempt to defend the indefenseable. Needless to say that the federal judge had to do some Basic Law 101 by rejecting with anger X's motion reminding X and it's counsel that the information they demanded was private and protected by law and that X and it's counsel knew it but the law doesn't seem to matter to X.The judge went on to point out that the plaintiffs had to file as self employed because X handed them 1099's and proclaimed them to be independent contractors there by placing the burden of proof that they were "independent contractors" on X not the plaintiffs. If you ISP's want to bet a truck load of borrowed money on the belief that this organization will always grant your equity participation it's rightful place when mapping out it future business stategy, good luck. At the same time there are probably just as many if not more who would no longer tolerate this type of corporate blackmail because of having positioned themselves in a manner whereby they don't have to tolerate it any longer and how ISP's can say that? [/QUOTE]
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