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Drivetrain Riss Racing Inc In trouble please read

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Old Dec 7, 2009 | 01:02 PM
  #1  
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Riss Racing Inc In trouble please read

To the community,

This is Anthony Co-Owner of Riss Racing Inc. I would first like to explain the situation and what has transpired over that last two weeks. Adam came to me and explain how he would like to transfer his part of the company over to me and go his separate way. To start his own business. This was agreed, and I decided to re invent the company by cleaning up the issues at hand. I was going to take on an investor and salvage the situation we were in. All of our products had fitment issues/drone issues that needed to be fixed and they have not been fixed. Adam stated he would stay on with the company through the end of the year. During this time he continued to undermined what I was trying to do. Steer quality employees in the wrong direction, and basically set me up to fail. Since I did not have full control yet I waited to see what he would do. His plans did not work out and due to his personal finical troubles I assume he figured his only way out was through Riss. He then returned to the company saying he wanted to take it over etc.... I was not willing to sign my end of the company over to him due to the fact I do not think he would be able to preform the job at hand. He has zero fabrication background, zero automotive background, and no ability to sustain the business by himself. He then locked me out of access to all order through google, paypal, authorize, and shipping. He also locked me out of all my forum names + personal email to avoid me informing you all like I am now. All of these were in his name. I had no choice but to sit back and I have done so since then. He then issued an email to our vendors stating I left this company which is not true. I am not willing to work along side somebody that is self destructing, and with that fact myself, Daniel, and Tony have not been to work since the shop is in his name. I understand this is not a PC smoke screen response you would all be used too from the owner of a company. However I feel the truth to the community is necessary. I know there are many outstanding orders that need to be fulfilled, and I want to let you all know I have no control of that. You will need to contact adam@rissracing.com. The fact of the matter is myself, Daniel the lead tech, and Tony the lead fabricator have no access. With this said there is no way to build products. All produts that are manufactured in China downpipes, exhausts, catch cans, catted downpipes. Most are not paid, and have no way of being shipped out. I strongly urge you to request refunds or cancel your orders while this situation is being resolved. I do not feel right leaving you guys in limbo as we settle the issues at hand. I do not know if Adam plans to ship these too you or what he is doing. He is right now a one man operation that was already to much work for us 4. In regards to anybody the MINI 02 SIM the programmer is moving to Oregon and it is not possible to finish this product. The MINI BOV does not function properly as well while I was there we still did not have that issue sorted out. If you ordered catted downpipes they are not even in production yet. I do not feel comfortable knowing that my name is attached to something I have no control of. So I feel the best thing I can do for the community is tell you the full situation. I feel that somebody that is willing to do this to his close friend/business partner, and employees that have been loyal to us for 3 years + I have no idea what he would be willing to do to our customers. I am very upset that things turned out this way. I have made many relationships with people in this community and I still value them. I highly suggest you no longer do business with Riss Racing Inc. I feel the company is heading in a direction of disaster. I thank you all for your support, and wish you all a happy holiday season.
 

Last edited by anthony9g; Dec 7, 2009 at 01:54 PM.
Old Dec 7, 2009 | 01:15 PM
  #2  
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Thank the Lord for credit cards.

This happened to me one time when I ordered an item that had to be paid before being built. The company went goofy and one partner stole all the $$$ that people sent to order the product. I don't know about the other pre-paid buyers but I promptly sent a written letter to my credit card company disputing the charge along with copy of my reciept and contract (buy order) I did get reimbersed from my purchase. Now I don't buy anything that is not in stock anymore. I feel that if a business does not have working capital they are not going to get any business from me.
Ronnie948
 
Old Dec 7, 2009 | 01:19 PM
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From: York Hunt
 
Old Dec 7, 2009 | 01:29 PM
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Riss Racing in trouble

Hi All
It is unfortunate that I must introduce myself under these circumstances, but I am the former lead tech over at Riss Racing. Just would like to warn you in continuing business with Riss Racing. Adam, co-owner, is continuing fraudulent business by locking Anthony, founder, out of the company and transferring all business funds to his personal account. I know that several orders will not be able to make it out nor does Adam intend on getting them out since they are not in stock and not being manufactured. I left the company two weeks ago when Adam stated that he was resigning and signing the company over to Anthony. We planned to move forward until Adam's side plans fell through and he refused to sign over his portion of the company till the end of the year.
Anthony's plans to reinvent the company were put on hold since he did not want to invest in the company till it was fully in his name. Adam is continuing to undermine their original business decision in order to sustain his personal finance and has no intention on fulfilling the orders placed nor does he have the funds to do so. I believe after the most recent actions of Adam that I must make this information public to protect the community from past and future business with Riss Racing/Adam Rho.
Regards
Daniel
 

Last edited by DanielTech; Dec 7, 2009 at 01:52 PM.
Old Dec 7, 2009 | 01:45 PM
  #5  
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Originally Posted by cartar452
+1
 
Old Dec 7, 2009 | 01:45 PM
  #6  
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Sorry to hear Daniel

Mods this should be merged with this:

https://www.northamericanmotoring.co...ease-read.html
 

Last edited by MLPearson79; Dec 7, 2009 at 02:18 PM.
Old Dec 7, 2009 | 01:50 PM
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Old Dec 7, 2009 | 01:55 PM
  #8  
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Hi Daniel, sorry to hear about your situation, but I think you should merge this thread with the thread Anthony has already created to cut the clutter.

On another note I think it's great you guys are standing up for each other and trying to set things right. Props to you.
 
Old Dec 7, 2009 | 01:58 PM
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Thanks guys anything I can do to help on my end I'm willing to do. I have no access but if you need information my personal email is anthony9g@yahoo.com. I'm really sorry about all this I feel terrible I wish this wouldn't of happened. One thing I would like to take away is Daniel was just an employee, and a good one. He is doing his own thing to provide mobile installs to the community. Please don't let this mess effect his name. Thank you!
 

Last edited by MLPearson79; Dec 7, 2009 at 02:18 PM. Reason: Vulgarity removed.
Old Dec 7, 2009 | 02:01 PM
  #10  
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And the whole "i stole money" is BS. I took 2k that was owed to Daniel, and my Dad Tony on their pay that was not up to date. There was no funds in the account at all. It is now negative. He switched everything being sold now to go to his personal account. As well as money that was owed to my paypal to bring it current. To make sure they were paid out. He has all the product at the shop the lift the tools and everything are my fathers personal tools not his. I left him EVERYTHING.
 

Last edited by MLPearson79; Dec 7, 2009 at 02:18 PM. Reason: Name calling removed.
Old Dec 7, 2009 | 02:15 PM
  #11  
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Okay guys. I am going to merge your threads and then lock them.

However, my recommendation is that this is a private business matter between the three of you, and does not need to be hashed out here on our forums.

Regardless of the situation, namecalling, harassing, and any other violation of our site guidelines is not going to be allowed. I can sense this situation is going to spiral out of control, and quickly.
 
Old Dec 7, 2009 | 02:17 PM
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I think their just addressing the community for now...
 
Old Dec 7, 2009 | 02:17 PM
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From: York Hunt
Originally Posted by MLPearson79
Okay guys. I am going to merge your threads and then lock them.

However, my recommendation is that this is a private business matter between the three of you, and does not need to be hashed out here on our forums.

Regardless of the situation, namecalling, harassing, and any other violation of our site guidelines is not going to be allowed. I can sense this situation is going to spiral out of control, and quickly.
lame
 
Old Dec 7, 2009 | 02:23 PM
  #14  
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You can say that, because you won't have to clean up the mess that will ensue

Thread closed. Please see Trying to reach Riss Racing? Start here.
 

Last edited by MLPearson79; Dec 9, 2009 at 05:32 PM.
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