Chilly1 Discussion

[yngndrw]

Reggie should sell his share in XS to Charles and then Charles could repay the frauded customers.

It's a website and forum ...

[tiborrr]

It's a brand name, servers, etc. Should be worth some money.

[Dualist]

Not forgetting the income from the ads either.

[yngndrw]

A single server ? I'd bet that the money from the adverts doesn't come close to paying for the costs.

[EnJoY]

A single server ? I'd bet that the money from the adverts doesn't come close to paying for the costs.

You'd be surprised how much proper advertising can net. Anandtech should give you an idea. Just a website and a forum, but he has a paid writing staff, a huge house, and lots of toys.

[Dualist]

A single server ? I'd bet that the money from the adverts doesn't come close to paying for the costs.

Totally agree and I for one don't wanna get swamped by ads every which way.

If Reggie is that far in the brown organic then he should just go bankrupt, it would clear his other crap up but then not claim the bankruptcy on the guys he owes here and offers a payment plan that way.

There is always a way round the situation, don't know what bankruptcy laws are like in the US but here in the UK things got a lot easier from when I did it, but you can select who you wipe debts off to.

[runmc]

Ban vote for spelling and grammar.

ooopps - how about "owns"

[ibby]

I wonder how much 50 % owner ship is worth?

[C3]

I wonder how much 50 % owner ship is worth?

yup,should be more than enough for a refund and a lil startup budget...

[ibby]

How much chilly / reggie owe?

[Dualist]

I wonder how much 50 % owner ship is worth?

Fair bit advertising wise if this is to be believed...

http://bizinformation.org/us/www.xtremesystems.org

How's $2.31mill grab you.?
But site would be unreadable with crap advertizing

[b1lk1]

No human being in their right mind would buy this website for half that. Websites are only worth what someone would pay for it. Those guess-timates are just done to help them sell stuff.

[ultralo1]

Assuming that

a) Reggie's shares are worth a hell of a lot of money, and

For those of you who have not been through a divorce.

If he started this site while married, She is entitled to half the proceeds from his share and possibly half the ownership of his shares.

Divorce has been the finacial ruin of many a Man. Not only do you have the attornies fees but you have the out come of the divorce. She gets half of everything plus spousal support if she qualifies. They can even take half of your retirement and social security. Not to mention requiring you to keep medical coverage on the ex spouse.

It takes a long while to recover from this.

I am not defending Chilly1, I dont have a stake in the game, I just wanted to put this out there for those who have not expireinced a divorce. When it comes to the money aspect it is easy to loose everything you have.


Standard disclaimer,I am not a lawer, just experienced.

[sdumper]

For those of you who have not been through a divorce.

If he started this site while married, She is entitled to half the proceeds from his share and possibly half the ownership of his shares.

Divorce has been the finacial ruin of many a Man. Not only do you have the attornies fees but you have the out come of the divorce. She gets half of everything plus spousal support if she qualifies. They can even take half of your retirement and social security. Not to mention requiring you to keep medical coverage on the ex spouse.

It takes a long while to recover from this.

I am not defending Chilly1, I dont have a stake in the game, I just wanted to put this out there for those who have not expireinced a divorce. When it comes to the money aspect it is easy to loose everything you have.


Standard disclaimer,I am not a lawer, just experienced.

I am not defending Chilly1 in fact I dont even know the guy but Divorce can completely turn your life upside down.

[Stewie007]

I've typed and re-typed..... meh, forget it.

Bottom line. I didn't even know this was really going on. But then again, I don't have a monstrous presence here either.

Regardless of life problems, it is wrong to take something that belongs to someone else and use it for your own ends. Regardless to what happened to the money, you can't just explain it away.

To the people that actually paid for something amounting to 2000 dollars up front. You're just whining because you were foolish enough to pay for something that was still just an "idea." It hadn't been built yet. 2000 dollars is a lot of money. You can't just go tossing it at whoever you think that you can trust. That is how you get burned. Its like paying your neighbor for a car that you haven't even seen. You saw that someone else bought a car from him before, and you just decided to give him 2000 dollars for the car. He didn't tell you that it didn't exist.

Still, you have a right to be angry. You trusted somebody with your money, and he turned out to be untrustworthy. Good man or not, what he did is still wrong. But again, that is why you can't just throw your money at somebody.

Live and learn. Welcome to the burnt club.

Of course, not being a member of that particular burnt club, I guess I'm not the one who should be welcoming you.

[K404]

In response to the valuation:

Harsh but feasible: Why has the site not been affected by the reality that it is 50% owned by a man who scams its users?

[sdsdv10]

In response to the valuation:

Harsh but feasible: Why has the site not been affected by the reality that it is 50% owned by a man who scams its users?

I would surmise it has, but with this site having 100,000+ members (although I also assume many of these are no longer active), the percentage of users scammed is so low as to not even register. Even if he scammed 100 people (probably way more than actual number), that would be <0.1% of the total registered accounts, suggesting the vast majority of people are blissfully ignorant.

[Marci]

If he started this site while married

He bought into it LONG after it started...

[Stewie007]

I'm surprised that nobody has spoken to a lawyer...

[teyber]

sorry to bring this thread back from the dead, and i really hope there is no more arguing by me doing so, but i figure that this is the best place to ask.

i am trying to get in contact with reggie(chilly1), does anybody have his phone #? i had it on my old phone that got destroyed and i lost all my contacts. if anyone does i would really
appreciate it if you could PM it to me.


cheers!

EDIT:

found his number, thanks everybody for the quick responses!

[[XC] Oj101]

If anyone can help me get in touch with him it would also be appreciated, not telephonically as it would cost a fortune. I need to have a chat with him. Thanks.

[10 Gauge]

Im putting my name in the hat.... FragTek, Reggie still owes me $2000.

[proth]

Im putting my name in the hat.... FragTek, Reggie still owes me $2000.

Add me in. Ripped off from Chilly for $1560, going on close to 8 years now