01/15/2022
Another member success story involving a business owner!! Powerful!!!
"I had a $52 Million contract pending with GNC for a product I invented for women's health. My investor backed out of our agreement and wanted to discuss changing the percentage of the corporation. He wanted 66%, which I of course didn't agree to, so he withdrew our $2.5 Million ad campaign. So, I terminated our partnership. He turned around and sued me for $175,000.00. I had LegalShield's small business plan and lived in Texas at the time, so I called (Texas Provider Law Firm) and my attorney wrote their attorney a nasty three page letter. Their attorney responded, and they dropped the lawsuit. Months later, the same ex-partner reported to the IRS that he gave me $80,000.00 in person, which was a lie, and which triggered a $23,522.00 bill with the IRS for me. By that time, I’d moved to Louisiana, so I called (Louisiana Provider Law Firm) and my attorneys said 'don't worry, we've got this'. Six months later, my law firm sent me a closing notice from the IRS showing I owed $0 based on that ex-partner's false report. I've been a member from that day forward... nearly 20 years!"
-- M. Knab, LA