I know I'm a week behind here - but I'd note that Charles Wu never owned
IPpay. I'm under NDA for probably anything else I'd say :-)
Brian Young can help you out with IPpay - byo...@ippay.com
photograph
Daniel White
Co-Founder & Managing Director of Operations
phone: +1 (702) 470-2770
On 8/23/20 5:24 PM, Ken Hohhof wrote:
We had one farm where we got the 3 phases, one wild, but no neutral.
Luckily when we asked Phoenix Contact, they said we could connect L and
N of the power supply we were using (actually a TRIO UPS) to L1 and L2.
Ungrounded, corner grounded, and
We had one farm where we got the 3 phases, one wild, but no neutral. Luckily
when we asked Phoenix Contact, they said we could connect L and N of the power
supply we were using (actually a TRIO UPS) to L1 and L2.
From: AF On Behalf Of Chuck McCown
Sent: Sunday, August 23, 2020 6:52 PM
Well, any electrician should know that some three phase circuits have a wild
leg.
Sent from my iPhone
> On Aug 23, 2020, at 3:25 PM, Steve Jones wrote:
>
>
> I know enough to get in a pickle, so we started hiring electrician to run to
> our generator cutover. I go from there. Not even sure
I know enough to get in a pickle, so we started hiring electrician to run
to our generator cutover. I go from there. Not even sure if I can hold this
against the electrician, it's an honest mistake and nobody got hurt
On Sun, Aug 23, 2020, 1:36 PM wrote:
> Actually only one of the three legs
Actually only one of the three legs will be high assuming there is a ground on
one of the windings of a delta connection. So two of the legs should be 120 to
ground. You just got unlucky with the breaker placement.
From: ch...@wbmfg.com
Sent: Sunday, August 23, 2020 12:32 PM
To: AnimalFarm
I can see that three phase breaker right above your single leg breaker. Check
all three. I am sure you will find one you can use if there is an open slot on
that phase.
From: Steve Jones
Sent: Sunday, August 23, 2020 12:12 PM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] Aviat
I had a telco central office get a bad crimp on the neutral drop to the
utility transformer. This caused the neutral voltage to float somewhat. So
half the circuits had a higher than 120 volt voltage to neutral and the
other half were low voltage. Was puzzling at first. It would come and
Spot fucking on, chuck. I was up all night worrying about this shit, even
to the point the varying metals and floating box was making a massive
murder capacitor.
Turns out there's 210v and all our existing PSU are rated to 240v, the
meanwells are switch selected, and this power strip happenned to
The only thing about an ESOP that can make things difficult is the valuation of
the ownership percentage. I have seen this also in many privately held
corporations. A family member or employee with equity wants to leave. They
want to be paid for their stock. Equity in private companies is
One of the most interesting thing about an ESOP that I didn’t realize is that
the control of the company does not need to be under the control of the
employees. The employees can hold 100% of the stock and still have zero
control of the company. Employees don’t directly own the stock, a
Get a meter and verify voltage line to neutral, line to ground, neutral to
ground. If you have access to the panel check the 240 line to line, and
verify that the two legs are ~120 to both ground and neutral. If all those
check out you should be good. There are some other truly weird
Everyone should listen to Chuck re: all subjects of this entire thread.
The replace bologna with Spam thread….not so much.
On 23 Aug 2020, at 12:35, Chuck McCown wrote:
I will never give employees ownership again. Has a couple really bad
experiences with that.
Sent from my iPhone
On Aug
I had something similar happen. An electrician picked the wild leg of a three
phase to connect a new receptacle. We had about 208 volts on it. Of course
only discovered after the damage. I have seen neutrals get damaged and
connected to the other side of the box giving you 220. Did you
If they put skin in the game. Big no to gifting equity.
Sent from my iPhone
> On Aug 23, 2020, at 7:45 AM, Lewis Bergman wrote:
>
>
> ESOP isn't a compromise. It is a group of employees willing to risk what they
> have for what they want. I would rather sell to e employee's than anyone
I do profit sharing when there are profits that can be shared. Just not equity
sharing.
Sent from my iPhone
> On Aug 23, 2020, at 6:22 AM, Matt Hoppes
> wrote:
>
>
> Lewis,
> It’s your business and you can do what you want to with it and I won’t judge
> anyone for that.
>
> We do do
I will never give employees ownership again. Has a couple really bad
experiences with that.
Sent from my iPhone
> On Aug 23, 2020, at 6:09 AM, Mark Radabaugh wrote:
>
> Or do the compromise between you and Matt - the ESOP where the employees end
> up owning it. You get nearly the same
I meant ‘compromise’ in the sense that it rewards both the original owner and
the employees., not in terms of the value out of the business.
Mark
> On Aug 23, 2020, at 9:45 AM, Lewis Bergman wrote:
>
>
> ESOP isn't a compromise. It is a group of employees willing to risk what they
> have
I have a couple theories about the selling market:
1. There’s never been more cash floating around our industry. It provides
options. There is also a good chance that smaller WISPs are about to be over
built with government money...another strong inducement to make your best deal.
2. As an
We went through a couple decades where startup companies would get people to
work insane hours for not that much money and no employment security in return
for stock options – a piece of the action if things hit the bigtime. If it
worked out, they could be millionaires. If it didn’t, they
I’ve purchased almost everything around me at this point.
What’s left? Sell. Or build - which is what we’re doing now.
> On Aug 23, 2020, at 11:54 AM, Ken Hohhof wrote:
>
>
> I seem to remember this thread started with a post about buying, but there
> seems to be a lot of interest in
I seem to remember this thread started with a post about buying, but there
seems to be a lot of interest in selling. I wonder why.
Is it because customers are getting on our nerves? I know they’re getting on
mine. Everyone is stuck in their house doing everything on the Internet and
Steve-
We have one individual on our payroll, part time. He does consulting work for
us and others. Assuming he hits all the goals we push him to do, and they are
done correctly, he would get some money out of a sell of our company.
No one else though. This is a special circumstance.
Tyson
No, it's better in nearly every way, just not revolutionarily so.
-
Mike Hammett
Intelligent Computing Solutions
Midwest Internet Exchange
The Brothers WISP
- Original Message -
From: "cjwstudios"
To: "AnimalFarm Microwave Users Group"
Sent: Saturday, August 22,
I know it *CAN* be anything.
I'm asking what it is for successful, arms-length, nothing special
transactions. I do expect there to be a range.
-
Mike Hammett
Intelligent Computing Solutions
Midwest Internet Exchange
The Brothers WISP
- Original Message -
From:
On the ESOP topic I will say I had a friend that still owns part of an
ESOP. His father started it. He was lucky to have a group of employees that
was eager to buy into the company. Last count I got from him more than 10
people have retired with at least a million dollar buyout. Every ESOP owner
We did what most people would call profit sharing. I didn't view it as
profit sharing for the simple reason that I always matched 100%, even when
we didn't make a profit. Same with bonuses. If someone deserved a bonus,
sometimes that didn't show up in the bottom line but they got it anyway.
I am
ESOP isn't a compromise. It is a group of employees willing to risk what
they have for what they want. I would rather sell to e employee's than
anyone else.
On Sun, Aug 23, 2020 at 7:09 AM Mark Radabaugh wrote:
> Or do the compromise between you and Matt - the ESOP where the employees
> end up
Is it common? No
Why isn’t it common? I have no idea.
Yes I as the owner took the risk. But X Y and Z employees have been here with
me for the past 30 years and kept things running.
Shouldn’t I be grateful for what they helped me build?
Like I said - I’m not judging anyone who makes a
Is that a common thing in businesses? Employees getting a cut of a sale? I
could see the purchaser giving a retention or severance, but I d9nt see how
an employee would be entitled to anything more than a handshake or kick in
the pants
On Sun, Aug 23, 2020, 7:22 AM Matt Hoppes
wrote:
> Lewis,
>
Lewis,
It’s your business and you can do what you want to with it and I won’t judge
anyone for that.
We do do profit sharing at the end of the year.
I guess it’s just a different cultural approach to business, while it’s true I
do have all the risk, we wouldn’t be anywhere even close to where
Or do the compromise between you and Matt - the ESOP where the employees end up
owning it. You get nearly the same money out and they eventually get the same
deal - if they can keep it going and build it. It’s harder because you have
to figure out how to both get it to cash out and build at
This isn't the feel good kumbaya that might be popular, but I'll say this
on the subject of division of profits:
I started my WISP by myself. All of you who started with your own
checkbook and sweat know what that took. My family sacrificed as I worked
massive hours. I did everything from
Now that I think about it - I wonder if my plan of C would be a way to reduce
income taxes too on the amount received?
Either by funneling the money through the company and paying the employees or
having the buying company write a check to each of the key employees.
I’m not sure which would
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