dot1web ( what's the truth?)

ghostwriter · Guest

Reno Gazette Journal
January 3, 2003
“They did everything they could to sabotage us,” DeMaio said. “I have more than $3 million in legal fees so far.”

Tahoe Bonanza
January 1, 2003Adding to the financial strain, he said, is the large sum spent prosecuting a suit against a group of former employees and a law firm that he says conspired to ruin his companies. He said he intends to see it through to a jury trial to recover the expenses totaling more than $250,000.

(Ok that is a pretty large jump, in just 2 days his lawsuit has gone from $250k to more than $3 million? Someone give me what ever he is smoking)

Reno Gazette Journal
January 3, 2003
“Dot1web is not going out of business,” DeMaio said. “We want to have 30 to 40 people working for us again. We have about 18 now.”

Tahoe Bonanza
December 27, 2002DeMaio said he has aleady hired back nearly 50 of the laidoff staff.

Tahoe Bonanza
December 25, 2002"Weve already hired some back, about 46 or so, and expect to hire another eight or nine," DeMaio said, bringing the companys size up to 80 or 90, from its peak of about 140 before the layoffs.

Tahoe Bonanza
December 25, 2002DeMaio said a core of about 50 critical employees remained after the layoffs, of which 22 are engineers who will continue to add features to the companys flagship product, the Dot1web tool bar. Others are in business development and data entry.
(Ok I think this guy needs to write down his lies, he is obviously confusing himself. 50, ahh, 46 err wait no its 18 yeah thats it!)

Reno Gazette Journal
January 3, 2003
Bear Ridge Developers evicted the company from its headquarters last week for not paying rent, said Scott Dutcher, general manager of Bear Ridge.

Tahoe Bonanza
January 1, 2003"Our balance sheet is strong," DeMaio said. "We didnt file for Chapter 11 (bankruptcy), and never intended to."

"Our balance sheet is strong," yeah like Anna Nicole Smiths will power when someone waives a Hersheys Bar in her face.

Link In NewsPaper:
http://www.rgj.com/news/stories/html/2003/01/03/31237.php

http://snurl.com/l8g (link edit by Corrine)

ghostwriter · Guest

The events of the past few years have certainly diminished our ability to trust Corporations. Did anybody see Dot1Web’s CEO, Bob Demaio in the paper recently? Was anyone suckered in by those claims of assets and valuation? Christ, even former Enron CEO, Kenneth Lay was at home screaming "bull$%@#!"

Over the past year, our confidence in the basic institutions of society has suffered blow after blow. The dotcom collapse taught us we can't trust the stock market. Dot1Web taught us we can't trust the regulators who are supposed to supervise it.

The one I really want to see in the hot seat is Bob Demaio, the guy who apparently pulled all those financial deals, with Freedom Motorcycles, that read like Chinese pig Latin. Forget the judicial system, I want to see this guy worked over by a gauntlet of laid-off Dot1Web employees armed with barbed clubs and junior high anatomy manuals. Demaio should be walking like the guy in the Levis Super Bowl commercial.

Magical commodity that is difficult to earn and easy to lose, and a healthy skepticism will always be needed to help you avoid getting conned, because people like Demaio will always produce more crap than a herd of Holsteins grazing in a prune field. I believe it is not enough to point fingers, we must learn from Mr. Demaio as well.

With Dot1web execs hiding losses like they were frozen Three Musketeer bars in Anna Nicole Smith's house, to their CFO shredding paper like Captain Hook rolling a joint, Nevadans are finally putting Demaio under the microscope and they still can't see their investments. Hey, if you were pulling in ten figures a year, and you started to see your dynasty crumble like a Ritz cracker in Jiminy Glick's back pocket, wouldn't you cook the books at 451 degrees Fahrenheit, but you really don’t even have to cook the books anymore, you just have to simmer them, because in the present-day looking glass, Dot1web’s accounting practices read, “Red is the new black”.

Throughout the 80's and 90's, CEO's were treated like rock stars. Unfortunately, we've now reached the point on Behind The Music where the ominous voice says, "But just then, Dot1Web CEO, Bob Demaio, decided they needed to go out for more beer..."

I don't want to see Mr. Demaio going to jail for three years a minimum-security prison that doubles as a Country Club during the day. I want Demaio and his clan to witness the damage that they caused up close. I think they should be sentenced to community service sorting the shoe bin at the local Salvation Army in a low-income neighborhood to get a sense of how real people have to get by. Make Mr. Demaio work the drive-thru at Jack In The Box so I can literally hear that lying bastard's voice coming out of a clown's mouth. Just don't drive away without checking that you got everything you ordered because you will probably get screwed in the drive through.

What I'd actually like to see is these guys do hard time in hard prison. See how they like it when we let the warden get creative with the books keeping their sentences. You want to make sure this doesn't happen again, put these losers in with the general population who are doing 10-20 for stealing a scintilla of what these guys did. Then make sure there is a live "Big Brother" shower-cam feed into every CEO's office in the country. Executives are going to think twice about cheating the numbers as well as your employees and investors, when they spot their CFO all lathered up with a windchime hangin' from his rear end.

That’s just the way I see it.

dave940 · Joined: 02 Mar 2002 Posts: 119

I can still connect to their service as of today. Looks like I might need to start monitoring credit card activity again, though, ala AC/Lyonl/Global2K. I sure know how to pick 'em!

dave940 · Joined: 02 Mar 2002 Posts: 119

This should be in the $10 or less ISP section, right?

ghostwriter · Guest

You know i have no idea, i know that they claimed to be a free isp then turned around and charged everyone so one only knows with this company.

bah hum bug bob · Guest

dave940:

dave940 · Joined: 02 Mar 2002 Posts: 119

No, just thinking proactively.

dot1 2manydots4me · Guest

Whats the truth I don't know Bob told so many lies. One thing I would like to point out though is this
news article released on Dec 19 02 just a few days after the lay offs Dot1web, Inc. Directors Approve Stock Repurchase Plan in this press release the Board of Directors of Dot1web claim to have $300,000.00 of cash on hand to buy back shares. If this is true then they admitted to having money and still haven't payed their ex-employees the money that they owe them. Thats just one more claim that Bobs made thats seems to be untrue.

bah hum bug, bob · Guest

dave940 · Joined: 02 Mar 2002 Posts: 119

I don't want to sound like one more poster who is putting down whoever's left at WebWide to keep things running... I always connect the first time, stay conected, and speed is as good, if not better, than any other ISP in my area. This is all I need from an ISP. I've been with them less than a month now, and hate to hear the negative press about them. But I've never had problems with credit card abuse and intend to keep it that way.

dot1_2manydots · Guest

Dot1web getting negative press is a slightly naive way to look at it. Another way to look at it would be to see a company that laid-off 62 workers on Dec 16 02 then a week later got evicted from their building. All the while keeping their employees in the dark about the financial problems the company is having, then one day a week before Christmas lays off the entire company without any severance pay. Still haven't payed their laid-off employees yet as of today, and we've learned that this isn't the first time this happened. This is not made up I know because I'm one of their ex-employees. As it turns out Bob has been into investment scams for a while now and has multiple lawsuits against him. To show you proof go here "http://www.freedomlist.com/forum/comment.php?plan=987&action=read" and read what some of his investors and employees have wrote. If all this doesn't bother you then more power to you I guess. If you signed up for a year then $74.95 is probably just a drop in the bucket if the company goes completely under in a few months and you never hear from Dot1web again. There is real a lot more to say but I'm going to end it for now. If you go to the link I gave up above you can read a lot more about it.

P.S
They defiantly look like a company thats not going to stay in business to for much longer. In fact this company has been going downhill ever since they started.
http://www.pinksheets.com/quote/quote.jsp?symbol=dtwb

fbi-dot1web · Guest

http://snurl.com/l8i

Link edit by Corrine

been_reamed_already · Guest

This ain't Butthead Bob Demaio's first rodeo. Non-payment is his BUSINESS MODEL. Contact me. pat@codedog.org He has the money, you just have to take him to court to get it. He a long term swindler with a HUGE history. Butthead Bob has $3 million in legal fees because the guy LIVES IN A COURT ROOM!! More dirt @ DeMaio here . . . www.codedog.org/nv

gettin jiggy with bobby d · Guest

On the first day of Christmas
My Investors Gave to Me.....
A Bright yellow Lamborghini

On the second day of Christmas
My Investors gave to Me….
A hundred slave employees

Now on the third day of Christmas
My Investors gave to Me……
A Ceasars Palace Slot Party

On the fourth day of Christmas
My employees told Me…….
May we cash our rubber checks please

On the fifth day of Christmas
My CFO said to Me…….
We have some discrepancies

On the sixth day of Christmas
I lied to the employees……
“Go home, please”

On the seventh day of Christmas
My employees were really peeved…..
“GOD HELP ME PLEASE”

On the Eighth day of Christmas
The paper called for me….
“No, it really wasn’t me”

On the ninth day of Christmas
Florida State called for me…..
They’re going to take my yellow Lamborghini

On the tenth day of Christmas
The Labor Board was after me…..
“GOD HELP ME PLEASE”

On the eleventh day of Christmas
The FBI was informed of me…..
Ohhhhh, Golly Geez

On the twelfth day of Christmas
I think they’re finally on to me
Can somebody help me Please?

Can somebody help me Please? Ohhhhh, Golly Geez, “GOD HELP ME PLEASE”, They’re going to take my yellow Lamborghini

“No, it really wasn’t me”, “GOD HELP ME PLEASE”, “Go home, please”, We have some discrepancies

May we cash our rubber checks please, A Ceasars Palace Slot Party, A hundred slave employees, and A Bright yellow Lamborghini

drchaps · Posted: Fri Jan 10, 2003 4:39 am Post subject:

Guys, lets not slander anyone's name here, or post anything unrelated to the issue. If this continues, the post will be locked.
_________________
"Once the game is over, the King and the pawn go back in the same box." ~Italian Proverb

dot1webslander · Guest

drchaps, with all do respect slander implies that someone is not telling the truth when everything i have seen so far is backed up with documents etc. The jingle was just to lighten the mood because there are 100's of employees, 100's of companies and 100's of investors that got screwed over by this guy, and they are just mad as hell. Mr. DeMaio scammed them out of their money "wouldnt you be mad?".

There is another article in the paper today:
http://snurl.com/l8k

where Mr. DeMaio says that the 250k check he bounced was a good faith check and should not have been cashed. Ok so here is my question.
Even if it was a good faith check according to recent articles where Mr. DeMaio was quoted saying "Are Books Are Strong", "The Bank Didnt have enough money" Is Mr. DeMaio now saying that there was no money in the bank and that they were not suppose to cash the check? Or did the bank have enough money, this guy needs to start writing down the lies because he is getting it all wrong.

________

Link edit. Corrine

guest33 · Guest

so did netzero for that matter.....

codedog · Guest

Mr. Bob DeMaio passes out bad paper like it's candy. Been doing it for years.

I worked for Bob 2 1/2 years ago.

He pulled this stunt 3~4 times with Internet-Innovations, Inc. Bouncing multiple $50K checks. Nothing was resolved until the police detectives knocked on his door.

This isn't Scumbag Bob's first rodeo. It's his business model.

The current lay-off situation is a clone of what the original programming team went through when I was there.

Please keep me plugged in, nvlc_jerkz@codedog.org, to developments of your group. I empathize w/you & your associates, as I fear I know were Bob is going with all this. (Been there, done that.)

Here's the deal:

The "Public" catastrophic implosion (fresh law suits, massive lay-offs, booted out of his offices & sometimes even his rented house for good measure) is ALL PART OF THE PLAN. A bunch of public smoke, to set (lower) baseline target assumptions, for the court appearances to come. i.e. to convince burned vendor & creditors that there is no financial meat left on the bones of Bob's company(s).

i.e. A bad settlement is better than a good law suit with a dead horse.

Everything that has developed so far is the DeMaio Business Model. Running the *Play Book" to a "T". And it's still working well for him in Nevada. Even in the worst case [from Deadbeat Bob's position], he ends up paying some of what he already owes. No downside.

Depending on the 'conditions' it can be cheaper for Bob to impale himself publicly and lowball in court, than to file bankruptcy. Also, by not filing, he can do it all over again sooner. In Nevada, it probably doesn't matter anyway.

To wit: Bob's court action list:
www.codedog.org/nv/court_actions.htm

After the projects are 90% built, and a HUGE campaign of banner ads jack up the "hits" statistics, Bob then *works* investors with the "dream" supported by the bogus traffic stats. *Note: The banner ads are not paid for either, but the law suits are coordinated to land at the same time.

Bob scuttles the company coffers claims the business is broke because of blah, blah blah . . all the worker bees are trashed. (Except for the *necessary* key personnel)

The venders & contractors then take Bob to court, where he shows the Bob4U.com. LowestBob.com, Bob1web.com businesses have no assets, cash, nothing. They settle for pennies on the dollar.

Bob steps behind the corporate veil. His personal (gambling fund stash) wealth is protected. (He got his already.) "Thanks for the Lamborghini! See ya next season!"

Coming Next: "Bob the Hero"

Bob will disappear for awhile. Then Bob tosses a handful of money at a lip service mission "rebuilding his reputation". Next he will be releasing statements about his commitment to doing all he can, for the employees, despite his huge personal losses [non-existent] and the fact that " . . . other people caused all these problem blah, blah, blah . . ."

He will continue with comments about having taken care of everyone, paid his bills, strong future, reorganizing etc., while deftly (often silently) dispatching a bevy of legal problems.

The Naked Truth: The only thing coming out of Bob, will be the minimal mandatory demands of the court proceedings. . . . where plaintiffs settle for what they can get, and non-discloser clauses (part of the agreement) are secured.

All hat and no cattle.

I wish I had better news for you all, but this is the real, tangible public record of events. Good luck.

- Codedog -

If anybody is visiting the NV Labor Commission: "What's up with this?" - www.codedog.org/nv

drchaps · Posted: Mon Jan 13, 2003 20:38 pm Post subject:

Ladies and Gentleman, This thread has been moved to the general section of the freedomlist site. I warned earlier about language and not to slander, and it seems we are still headed that direction. Your duplicate thread has been locked, and this will be too if the slander continues. Nothing has been proven towards guilt in this case, if you have evidence, please report it to your local authority.

Steve
_________________
"Once the game is over, the King and the pawn go back in the same box." ~Italian Proverb

gunnyragg · Joined: 05 Jan 2003 Posts: 73

The truth is an absolute defense against slander and libel. I setup a website once to counter a person who was slamming the whole town and looping me personally and my company into his crap. It is still up http://www.rapidyne.org/ The person I targeted was furious, but there was nothing he could do about it and he backed off. He is still a jerk.

Another site where we took a very strong stance against a local coop is http://www.v-e-a.org/. Yet another is www.pahrump.com/chamber.html . Did I worry about slander in these cases? Nah. I had the facts and had them documented.

However, drchaps' point is quite plausible. An organization CAN be held liable for slander or more properly libel on a website. Nevada law holds that the publisher of libel is also culpable. However, in real life proving libel is pretty hard -- unless it is just a plain lie put out to cause someone harm.

The point is that if you want to exercise your right to free speech, you will likely have to pay for it. Site admins, like newspapers, publish what they please and delete what they wish.

Free Speech is not Free! TANSTAAFL

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