Blog: Forward Thinking

Often snarky, sometimes funny, thoughts and musings from Glen Hellman about Executive Development, Leadership, Startups, Washington DC Business and more.

DCTech Startup Crime Update

It's that time again for the DCTech Startup Crime Update. Lots of little movement with the Crooks and Criminals of DCTech but not enough to warrant a single subject blog and therefore I'm going to provide a general DCTech Startup Crime Update on multiple happenings around DCTech. DCTech Startup Crime Update -Existing Projects Andy Powers and Communiclique (Clique, CliqueAPI) - Every month that Andy doesn't live rent-free on the federally funded 3 hots and a cot program, costs his investors a ton of evaporating capital including the $35 thousand per month rent on his home (see home and court details).  On...

Andy Powers Communiclique Fraudulent Response

Updated May 6, 2019, with new evidence: On April 29th, Andy Power's attorney submitted a Communiclique fraudulent response to the Involuntary Bankruptcy Petition (see this post for Bankruptcy Petition). After reading this Communiclique fraudulent response, I am confident that Andy Powers can add, Bankruptcy Fraud to a long list of crimes he and other board members and officers of Communiclique (aka Clique and CliqueAPI) perpetrated including, Security Fraud, Bank Fraud, Wire Fraud, Tax Fraud, Forgery, and Embezzlement. The response features, what appears to be doctored, invoices and payment receipts to company vendors intended to prove the company is a legitimate business running...

Retail Tectonic Shifts and a few Yuks

Retail Tectonic Shifts? Is Mr. Cranky going to talk about what's happening in Germany? No that's Teutonic Shifts.  This is the kind of shirt that takes place when the earth's floating tectonic plates mash together and shake the world. Shit is happening in retail. Some of it good. Most of it bad. In this post, true to form, Mr. Cranky briefly touches on the good but will hammer home the bad effects of retail tectonic shifts. Amazon - Retail Tectonic Shifts Amazon - The Good: Have a stupid idea in your head and search it on Amazon and there it is...

Scam Alert: ExecMagic

Warning! Warning! Warning! ExecMagic is another company, much like AdvisoryCloud, which use to be ExecRanks, prays on people's desire to sit on boards (see AdvisoryCloud post here). It seems like AdvisoryCloud/ExecRanks, ExecMagic monetizes executives hopes and dreams of becoming a board member without much success of that exec obtaining a board seat. A couple of weeks ago, this cockwaffle, Tom Cook from ExecMagic Thomas A Cook II ( Tom) from ExecMagic - Best practices Tuesday, April 16⋅5:00 – 6:00 pm email: cooktom411@gmail.com Description: Attendee: Thomas A Cook II ( Tom) Subject: Best practices‌ Phone: 530 693 4155 Information entered by the customer: I am looking for some coaching on how to do my job better...

Communiclique In Court Update

Communiclique (aka clique, cliqueaPI)  is being sued by investors into bankruptcy. This week in Deleware Court, a Judge met with a representative of investors and Andy Power's attorney. I'm told that Power's attorney was as well prepared as Andy Powers is honest. One of this clown's claims was Communiclique (aka Clique, CliqueAP, Dumpster Fire) has more than twelve creditors and therefore the company can't be declared bankrupt. Folks, I actually ran a corporate governance advisory firm and I was unaware that bankruptcies are cheaper by the dozen. Fortunately the judge equally clueless of the baker's dozen creditors bankruptcy inoculation act of...

New Fraud Allegations Against Danny Boice, CEO Trustify

Anchorage Capital is suing Danny Boice, Jennifer Mellon and Trustify for fraud and embezzlement in this filing. New fraud allegations against Danny Boice, CEO Trustify. According to the original filing, 5. Trustify's CEO, Daniel K. Boice ("Boice"), solicited Anchorage to participate in the Series B round. Unlike the Series A round, Boice wanted to raise at least $15 million (with a maximum of $20 million) during the Series B round before the round would close and the Series B Preferred Stock would be issued. 6. Boice told Anchorage that the Series B round had a lead investor Nfluence Partners ("Nfluence"), a well-established boutique investment bank for technology,...

Andy Powers, CliqueAPI The $50 Million Ponzi Scheme

Hello Kids! It's that time again where we check in with our old pal Andy Powers, CliqueAPI (AKA Communiclique). Just in case you've been living in a hefty bag, let me catch up. Communiclique (sometimes called Clique, other times called CliqueAPI because it's harder to hit a moving target) raised anywhere from $50-70 million dollars. In 2016 a court in the Commonwealth of Virginia ordered the company to stop raising money...

Attention Law Enforcement – Matthew Pugsley Chalant Health

Attention law enforcement, be warned that Matthew Pugsley, Chalant Health, CEO is on the prowl. There was a time where he took an actual job. It appears that he lost that job and is back raising money for his company that is a total scam (see this post). Matt's been evicted again and is seeking a new place to rent. Landlords be careful, this guy has been evicted for non-payment of rent about a dozen times (see post). By the end of this week, Matthew Pugsley, Chalant Health CEO, may get free rent. He is likely to get 3 hots and a...

Mia Culpa Jason Calacanis

Mia Culpa Jason Calacanis which I think translates from the original Italian to "That's my Coffee Jason Calacanis." For those of you who don't know, Jason Calacanis is a guy who heard the words of Horace Greeley, "Go West Young Man." Yes, one day this guy from Brooklyn, prior to the hipsterfication of Brooklyn, you know when Brooklyn was still inhabited with urban hillbillies, struck startup unicorn gold and then packed up his bags and moved about 400 miles north of Beverly (that's a Beverly Hillbillies reference). Why Mia Culpa? To catch you up from our last episode of Mr. Cranky...

Buckley Law wins Legal Judgement Against Trustify

Another legal judgment against Trustify is added to the pile. The once high-flying, never high-achieving, always unethical DC area startup has crumbled under the weight of hubris and debt. Buckley's award is just another loss in court. This latest judgment is for $245,945 awarded to Trustify's former law firm Buckley LLP.  It sucks for Danny Boice, Jennifer Mellon, and Trustify because no one with the possible exception of El Chapo needs a lawyer more than these crooks and yet most good attornies like to get paid. Legal Judgment Against Trustify $245,945 - Buckley LLP: Trustify's former law firm was awarded a...