Time-line:
4/3/2015 - I secured and personally paid for the new domain name and told my partners about the new idea. One of my partners said we are not starting a new business. hmmm guess it's a good idea now.
12/30/15 - My partners and I met and discussed their plans to buy out the company we had joint interest in.
4/3/2015 - I secured and personally paid for the new domain name and told my partners about the new idea. One of my partners said we are not starting a new business. hmmm guess it's a good idea now.
12/30/15 - My partners and I met and discussed their plans to buy out the company we had joint interest in.
1/4/16 - Texted my partners to revise the purchase agreement and remove in2electronics stating that I was keeping it. The following day acknowledgement text and item was removed. That same day when I sent the text to remove in2electronics from the purchase agreement they filled for a fictitious dba name.
Lessons for those of you thinking about going into business with someone other than just yourself. Think long and hard about who your going to be business partners with. Protect yourself!