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View Full Version : You think Paul and Julio made this much off selling IA?



Vteckidd
01-27-2010, 02:15 AM
Honda-tech founder has day in court

It's seems like these days it's getting a lot harder for me to find time to add to my blog. With Gwen Stefani's 'What You Waiting For' blaring out of my headphones, I write this entry as I sit in an airport preparing to catch a flight to Northern California. You might be thinking what event takes me up to Sacramento? Well, I am going up there to attend the trial between the two founders of the the Honda-Tech website, Dustin Adler and Mike DiCarlo. After almost a year and a half since the initial lawsuit was filed, this case will finally see the insides of a Federal Courtroom in the Eastern District of California.

The short version of the complaint filed is as follows. Dustin Adler alleges that he was a co-owner of RelyNet, and subsequently Honda-Tech. Dustin Adler is the owner of the copyrights for the ZeroForum software that powered Honda-Tech. DiCarlo 'fires' Adler from RelyNet, and then eventually sells Honda-Tech for $2.6MM dollars. Adler is claiming DiCarlo willfully infringed on his copyrights and is seeking damages.

The history can be summarized as follows. When Adler and DiCarlo, two best friends since the 2nd grade, started Honda-Tech, they did so as a hobby (both were employed by various technology companies at the time). They found out that Honda-Acura.Net was losing its hosting capabilities so together they decided to start Honda-Tech.com to provide Honda tuning enthusiasts with a place where they could continue to gather online. Adler took it upon himself to write new message forum software to power Honda-Tech because the UBB software they were using (for the first few months) kept crashing. After writing the Zeroforum software, the two friends believed that they could try and make a business out of selling Adler's ZeroForum software as a 'hosted' message-forum solution.

They decided to launch this new business at Adler's website, ZeroForum.com. From a convenience standpoint, Adler and Dicarlo opted to run the finances and business side of the relationship under the RelyNet name. RelyNet was a company that DiCarlo started when he was in highschool but never did anything with. They used RelyNet because it was already set-up and easy, and DiCarlo and Adler had already been involved together in attempting to turn the RelyNet business into something of value.

Adler alleges that it was an equal partnership with him bringing in the ZeroForum software and DiCarlo bringing the company name. Their roles within RelyNet were distinct as well, with Adler functioning primarily in a technical capacity and DiCarlo taking a general business and administrative role. There was no formal paperwork documenting the business relationship between these two best friends. In 2002, as the RelyNet/Honda-Tech experiment started to make a little money, DiCarlo and Adler decided to incorporate RelyNet, however DiCarlo incorporates with himself as sole share holder. To make a long story short, over the next two years Adler continually asks DiCarlo to issue him his promised shares, with DiCarlo continually procrastinating and citing various reasons why he cannot issue Adler his shares. Finally in August of 2005 Adler arrives at work to find himself locked out and met by a sheriff to escort him off the premises.

Later DiCarlo would sell Honda-Tech.com for $2.6MM with none of the proceeds going to Adler.

I guess we'll find out the final outcome of this dispute soon enough.
I will try and update the Honda community on some of the publicly available details and documents.

1990wade
01-27-2010, 02:15 AM
holy shit:eek:

The Creeper
01-27-2010, 02:21 AM
Damn ....

big mac
01-27-2010, 02:32 AM
dam thats f'ed up todo

tjmhillz
01-27-2010, 02:35 AM
damn i think i should start a website if they make that much money! im in the wrong business.

00 blk G20t
01-27-2010, 02:35 AM
haha thats not fair i was gonna sell it first.

5speed
01-27-2010, 02:42 AM
Sucks to see a friendship that lasted so long go to shit for that. Money talks.

RL...
01-27-2010, 02:58 AM
Nah, I figure IA is worth around 70k....but this is an uneducated guess so it is probably way off

amandDA
01-27-2010, 07:06 AM
Either way its sad, just shows how greedy people truely are.

98blackcivic
01-27-2010, 08:13 AM
yep...i hate greedy ppl!

Kevykev
01-27-2010, 08:25 AM
Hmmmm? Wonder how much they did make....Hmmmmmm Not really. Hope they got what they deserved though. :goodjob:




yep...i hate greedy ppl!

Non-greedy people can become greedy when that type of money is involved.

Paul
01-27-2010, 10:41 AM
ya we sold IA for right under 250k... we blew the money on hookers and blow already though. thanks IA - lol

BluesClues
01-27-2010, 10:43 AM
ya we sold IA for right under 250k... we blew the money on hookers and blow already though. thanks IA - lol
Dang Paul I would have been your hooker for the night for the right price :(

Paul
01-27-2010, 10:52 AM
Dang Paul I would have been your hooker for the night for the right price :(

you would of done it for free for me :yes: :idb::yes:

jhadleyh
01-27-2010, 10:53 AM
ya we sold IA for right under 250k... we blew the money on hookers and blow already though. thanks IA - lol


250K? REALLY?

Da_unknown
01-27-2010, 10:57 AM
Damm that's really fucked up

Vteckidd
01-27-2010, 10:58 AM
$250000 better break me off a piece son!

Paul
01-27-2010, 11:05 AM
250K? REALLY?


ya man Julio bought a villa in the Dominican and just planning on chasing tail... i'm paying for my illegitimate kids and buying a lotus. :lmfao:

BluesClues
01-27-2010, 11:08 AM
you would of done it for free for me :yes: :idb::yes:
ShhhhH!!!! You can't go around telling people that. What will they say? lol I have a reputation to uphold :lmao:

ATLTSX
01-27-2010, 11:09 AM
i just sold my myspace page for like $100.

jhadleyh
01-27-2010, 11:09 AM
ShhhhH!!!! You can't go around telling people that. What will they say? lol I have a reputation to uphold :lmao:


UH no you don't

Paul
01-27-2010, 11:10 AM
ShhhhH!!!! You can't go around telling people that. What will they say? lol I have a reputation to uphold :lmao:

i'm just saying you would b/c its ME... fuck anyone else :lmfao:

BluesClues
01-27-2010, 11:30 AM
i'm just saying you would b/c its ME... fuck anyone else :lmfao:
You are so right! I've been turned on since the first time I met you at HIN :D

Paul
01-27-2010, 12:00 PM
You are so right! I've been turned on since the first time I met you at HIN :D

did we meet at HIN or one of the old Whitley shows?

oneSLOWex
01-27-2010, 12:19 PM
2.6mil!?!?! SWEET JESUS!

B18c1Turboed
01-27-2010, 12:26 PM
Dustin got fucked..... He had too pay 280K in attorney fees too the other party.

Vteckidd
01-27-2010, 12:41 PM
it hasnt ended already has it?

Paul
01-27-2010, 12:43 PM
Dustin got fucked..... He had too pay 280K in attorney fees too the other party.


Honestly I could of been in the same situation if Julio wasn't such a standup guy. Some years ago I told him I wanted to buy in and he said basically for me helping him get IA to where it was that we were partners. We have never had any paperwork on our partnership but we have always been honest w/ each other about the site :cheers:

On_Her_Face
01-27-2010, 12:43 PM
Well what can you say, there are no friends and no family in business.

Pigs get slaughtered and hogs get the lot!

B18c1Turboed
01-27-2010, 12:45 PM
http://8.12.161.119/legal/

DB4LYFE ™
01-27-2010, 02:33 PM
Damn.. but whatever julio and paul get, they deserve! i love IA!

~DB4LYFE

Echonova
01-27-2010, 02:37 PM
So I can expect my cut to show up in my mailbox tomorrow, next week, ect?

When?

ISAtlanta300
01-27-2010, 03:15 PM
I think they should give each IA member (read: STOCKHOLDER) their fair share.... after all.. we made the site the way it is today with our support....


So how about a check in the mail by friday.........


LOL

BluesClues
01-27-2010, 03:25 PM
did we meet at HIN or one of the old Whitley shows?
It was the last HIN show here in Georgia. My first car show :D

BluesClues
01-27-2010, 03:27 PM
^^^ I was so shy. I felt like a retard posing in front of a car that wasn't mine and I didn't know who owned it lol

collins
01-27-2010, 03:28 PM
I think they should give each IA member (read: STOCKHOLDER) their fair share.... after all.. we made the site the way it is today with our support....


So how about a check in the mail by friday.........


LOL
this "joke" doesnt even make sense. to be a "stock holder," that means that you're financially vested in the organization. since when did we start paying to be members?

ISAtlanta300
01-27-2010, 03:29 PM
We pay with time..... time = money.

Now what !! Say something. Come on ! LOL

Julio
01-27-2010, 09:59 PM
I heard about that mess... thats some crazy shit..

Paul and myself never had any issues.. we get along and see eye to eye on everything.. Paul + me.. = Business... Been like that for about 6 years.. never no issues.... I dont think we have never really disagree on any decisions we made in the past.. and if we did.. we always talked about and figured out a solution.. I trust Paul with pretty much anything.. on all levels..


Now, Some people have fucked us in the past.. No doubt.... Good thing For paul.. he is the more level headed one out of our business partnership....

IA sold for a few pennies.. but nothing to jump off..

Shit, I still have my 9 to 5.... and plan on keeping it.. lmao..


we still have TFS.... so we will continue to look out for our people...

please believe it...

Tech5
01-27-2010, 10:10 PM
Damn.. but whatever julio and paul get, they deserve! i love IA!

~DB4LYFE



The best post of Kissing ass!!:lmfao::lmfao::lmfao:

5speed
01-27-2010, 10:26 PM
Honestly I could of been in the same situation if Julio wasn't such a standup guy. Some years ago I told him I wanted to buy in and he said basically for me helping him get IA to where it was that we were partners. We have never had any paperwork on our partnership but we have always been honest w/ each other about the site :cheers:

You two sound like All Around 5 Star Guys


The best post of Kissing ass!!:lmfao::lmfao::lmfao:

Somebody has to do it

Echonova
01-27-2010, 10:31 PM
http://i185.photobucket.com/albums/x249/Echonova1/two_dollars1.jpg

5speed
01-27-2010, 10:54 PM
If we don't succeed, we run the risk of failure.

Echonova
01-27-2010, 10:55 PM
http://i185.photobucket.com/albums/x249/Echonova1/twodollars.jpg

TheProfiteer
01-27-2010, 10:59 PM
Honestly I could of been in the same situation if Julio wasn't such a standup guy. Some years ago I told him I wanted to buy in and he said basically for me helping him get IA to where it was that we were partners. We have never had any paperwork on our partnership but we have always been honest w/ each other about the site :cheers:

fuck yeah, now thats true friendship, cause business between friends brings out the worst in people, to see you two make it through that all these years shows something.
:cheers::cheers: to you guys, and may other people learn that its not money or material possessions that bring you happiness in life, its creating strong and meaningful lasting relationships with your friends and family.

Echonova
01-27-2010, 11:03 PM
http://i185.photobucket.com/albums/x249/Echonova1/URFIRED.jpg

Vteckidd
02-03-2010, 07:40 PM
Update!

After 5 days of opening arguments, witness testimony, introduction of evidence, and closing arguments, the jury in the Dustin Adler v Mike DiCarlo/Relynet, Inc took mountains of evidence with them into the deliberation room to try and come to a verdict. After only one day of deliberation, the jury returned to the courtroom to render its unanimous verdict IN FAVOR OF THE PLAINTIFF on the grounds that the defendant infringed on the copyrights of Dustin Adler's ZeroForum software. Furthermore, jury awards Adler $1.1 Million

Even though the defense did a great job at trying to confuse the issues, its nice to know that there is still justice in this world. It's great that the jury in its deliberation was able to see through the defenses tactics and realize that despite all the legal minutia, the fact remained that Dustin Adler had been wronged, and that it was a wrong that they could make right!

Above and beyond any monetary awards that Dustin might receive, I am happy for him on the grounds that he will finally have closure on this matter! The years of having to keep silent (so not to compromise his legal position) and listen to the noise coming from the uninformed masses as they bought into the defendan'ts version of the story/smear campaign, were not for naught.

Congratulations Dustin!

Your Friend(s),
Dave Hsu and all the gang at Skunk2 Racing

Mr Egg Rollllll
02-03-2010, 07:50 PM
Good shit...I'm glad it turned out the way it did

Congrats to Dustin!