Is Shad Khan's Stache Investments Gone?

[marty904]

I was following a news story on another website and led me to the website for Stache Investments so when I clicked on it (http://www.stacheinvestments.com/) the website is gone.  Anyone have any news on this?

[Josh]

Possibly just some changes to the site or an outage. The domain is still registered to Stache for another 3 years.

[whyisjohngalt]

Sunbiz says so.

[whyisjohngalt]

Sunbiz says they are inactive so there is that

Sunbiz says so.

JUst because you're still an active entity on Sunbiz doesnt mean you are actively engaged in your core business.

[pierre]

However mostly everything it touched is now gone. KYN, One Spark, the deal to restore the Barnett and Laura Trio, etc.

Everything it touched ended in ruin and litigation.

Just like Trilegacy, Kuhn and nearly every other urban core project the last two decades?

[Non-RedNeck Westsider]

Everything it touched ended in ruin and litigation.

L& J Diesel

Casework of America

Except for 2 companies that already had their shit already together and used his 'investment' to directly enhance their business and not their lifestyle (See:  KYN).  Big difference.  The deals with Atkins and Edgewood Bakery were based completely on Stache's investment and weren't exactly feasible without a large cash infusion.  Add in some poor business practices and it's no wonder those project were unable to get off the ground on their own.

[Non-RedNeck Westsider]

You mean, Casework, owned by his former financial manager Jim Zsebock?  The man who business practices, Khan blamed on investing in KYN, the Edgewood Bakery and The Barnett?  Co owned by Clarkson the Secretary and Treasurer of Stache Investments?  And the only thing they funded was for the purchase of real estate?

He is a 'director' and has no direct influence in running the day to day business.  One could possibly surmise that his help on the financial side might have landed him a position after parting ways with Stache.

And I can tell you from 1st hand knowledge that the 'land' purchase is only a partial truth.  They were up to their eyeballs in debt with suppliers and were on a COD account with most everyone in Florida.  Casework of America (formerly Commercial Casework) has an outstanding flow of incoming work, but their business practices (undercutting, low-balling bids, etc.) had them on the brink of disaster.  In steps Stache with the cash to bail them out, the staff was reorganized, and they went back to selling closer to a market rate.  All of the above has made them a viable national brand again.

My point being, Stache's influence helped the business, it wasn't the reason the business existed in the first place, which is where I differentiate the bad deals from the good deals.  There seems to be a definite trend.

[Non-RedNeck Westsider]

You mean, Casework, owned by his former financial manager Jim Zsebock?  The man who business practices, Khan blamed on investing in KYN, the Edgewood Bakery and The Barnett?  Co owned by Clarkson the Secretary and Treasurer of Stache Investments?  And the only thing they funded was for the purchase of real estate?

He is a 'director' and has no direct influence in running the day to day business.  One could possibly surmise that his help on the financial side might have landed him a position after parting ways with Stache.

And I can tell you from 1st hand knowledge that the 'land' purchase is only a partial truth.  They were up to their eyeballs in debt with suppliers and were on a COD account with most everyone in Florida.  Casework of America (formerly Commercial Casework) has an outstanding flow of incoming work, but their business practices (undercutting, low-balling bids, etc.) had them on the brink of disaster.  In steps Stache with the cash to bail them out, the staff was reorganized, and they went back to selling closer to a market rate.  All of the above has made them a viable national brand again.

My point being, Stache's influence helped the business, it wasn't the reason the business existed in the first place, which is where I differentiate the bad deals from the good deals.  There seems to be a definite trend.

lol.  ah.. so he's just a 'director' then?  Doesn't actually make cabinets or mop the floors at night?  Its like being a weak minded poltergeist, I take it?

and he happened to get the appointment after leaving Stache? Right when all of the media was asking him about the circumstances of his departure?

hmm.  sounds legit.  Lets go with that.

I'm posing an informed opinion.  So I guess we're each free to form our own.  You might be in the building more than I am.

[Non-RedNeck Westsider]

lol.  probably not.

do you work in the Stache Investments building, btw?

No, actually.  I work from wherever I decide to park my laptop for the day.  I'm sure you can relate.