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Legislation, Licensing, Ethics & Legal Issues for Inspectors Use this forum to discuss current and proposed legislation on home inspector licensing, and other legal issues affecting home inspectors. Inspectors from all associations welcome.

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  #31  
Old 12/7/17, 6:46 PM
John Harrison, CMI's Avatar
John Harrison, CMI John Harrison, CMI is online now
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Join Date: May 2005
Location: Council Bluffs, Iowa
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Default Re: Pillar to Post franchise refunded our money. They don't want us at their convent

Quote:
Q. how does one invest in Porch?
A. its a private company that simply does not happen.
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Why do you think it doesn't happen. I'm an investor in dozens of privately-held companies.
I did not say it does not happen. Matt with Porch said it can not happen

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Q. Nick Gromicko says he invested. How did he invest?
A. Uh Yea Nick and I started talking about the buy back guarantee and his idea was he let me invest that will give me deeper insight to the company with the data to make sure nothing weird is happing
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Nothing unusual. I wrote a check and became a stockholder.
Fair enough, despite the fact that Matt said it does not happen.

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Q. Does he have a seat on the board of any kind of voting?
A. NO Nope no no seat on the board, he is just an advisor to give him assurance that we are doing what we say we are doing, that we are not selling data.
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A seat on the board doesn't give one control of a company either. Stockholders have voting rights.
Only if the company is set up to allow for such. In the interview Matt stated that he has set up the company and to maintain position that prevents this from happening with any investors.


My statements still stand valid.
You say that you have voting control in Porch, oversight of how they operate to protect InterNACHI members.
Matt says that you have no such position.

Only one of those statements can be correct.



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  #32  
Old 12/7/17, 7:18 PM
Emmanuel J. Scanlan, TREC# 7593 Emmanuel J. Scanlan, TREC# 7593 is offline
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Join Date: Dec 2004
Location: Josephine, TX
Posts: 5,555
Default Re: Pillar to Post franchise refunded our money. They don't want us at their convent

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Originally Posted by gromicko View Post
Fire them all and start again. Sometimes you just have to sweep house with a big broom. Take a year off and do tryouts. Televise them.
Good idea and I can agree with that! At that time they can also totally revamp their contract system to prevent the current NFL debacle from occurring again.



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