Quote:
Originally Posted by de_man
6:00 - Doug references refunds & suggests JNandez needs to pay back money he's already been paid to cover this (75k).
Am I following this correctly? That seems absurd. JNandez produces the product but customers bought the product off Upswing & its their obligation & cover refunds. He's just a guy who worked for them, & considering he apparently gave his legally obligated 3month notice, it's not like a breach contract took place.
Also, one reason stated for demanding said refunds is that they "couldnt stand to look at Fernando anymore". This sounds bizarre, but if true, is likely true in no small part due to the character assassination that took place from those at Upswing. Irony alert
What happened is that when Fernando quit, a large amount of annual and semi-annual subscribers refunded their purchases since they would not longer get any new material. Getting new material throughout the year is why you buy a whole 1year, so when the coach (JNandez) leaves, you as a customer ask for a refund. This means that a large amount of what would have been revenue (all the 1 year and half year subs) and given JNandez a big paycheck, dissappears. This is the money JNandez feels like he was left out of, when him leaving was the reason why there suddenly was a massive spike in refunds and thus very little revenue to pay out to him at the end. Very little for that specific time period, that is.
No, Polk does not say that Fernando needs to pay back $75k. 75k is the total amount that was refunded to customers due to JNandez leaving at that point.
From what I understand