Plate Vision wins Best of Show

DCTech has a best of show award winner that actually means something. It's not one of those LifeFuels-like, pay-the-fee-receive-an-award award things. Plate Vision is a product developed by two University of Maryland Professors, Dr. Chris Davis, Dr. John Rzasa.  The company was formed in cooperation with the help of the University of Maryland, Office of Technology Commercialization OTC. OTC helped Davis and Rzasa find the resources to create a business plan, find a CEO and garner an investment from TEDCO, the State of Maryland's, early-stage investment arm. The match between entrepreneur and University of Maryland technology was made through a partnership between the University of Maryland's (UMD) Office of Technology Commercialization, headed by Julie Lenzor and Mindshare. Ms. Lenzor is the UMD's, Chief Innovation Officer. Mindshare is a local DCTech university for startup entrepreneurs.  Founded in the 1990s by local service providers, VCs, and entrepreneurs, Since it's founding Mindshare has trained over and counts an alumni organization of over 1,000 entrepreneurs. Plate Vision CEO, Todd Levitt graduated from Mindshare in the late 90s when he was the co-founder of Olympus Development Group, a software development firm from which he successfully exited in 2002. Since then Todd has been the owner of 20 guys...

Trustify – The Fat Lady Sings

It ain't over until the fat lady sings. In the case of Trustify, the fat lady sings. She's singing loud and clear. With the Danny Boice, Jen Mellon nuptials (look it up in the dictionary, pretend Harvard boy Boice) in shambles, the company being sued by a long line of creditors so long that many people are asking the courts to start a Disney World Fastpass-like service. As I reported earlier in the week, Boice is contacting anyone with an email address and asking if they want to buy $1 million of his personal worthless shares in a worthless company for $1.50 per share. Basically he's asking, "who wants to buy -$5.00 shares for $1.50. Nobody...

Caution Danny Boice Trustify Secondary Shares For Sale

Caution Investors! Danny Boice is offering $1 Million of his personal Trustify Secondary Shares for sale. He is reaching out to investors to try and raise $1 million dollars, for himself personally and not for the company. By selling Trustify Secondary Shares, Danny and not the company gets the money and therefore the employees who have not been paid in months will not benefit from the sale. In multiple emails, Danny is reaching out to investors to sell shares he alleges were at one time worth $3 per share for the bargain basement price of $1.50. Back in December 2017 when Boice was out raising money for his series B, he presented the following to the market. While Danny Claims that the company did $8 million 2017 ARR claims that 2018 ARR would be $20 million, employees tell me they think revenue never exceeded $100 thousand in any month. As far as the companies Balance sheet is concerned the company owns no assets of any value and its debt well exceeds an estimated $2 million. How has the staffing evolved since raising a round in 2018? Fake, retroactive-cofounder and soon to be Danny's Ex-wife, Jen Mellon, left her husband to become a human and left the...

LifeFuels is a Punchline to a Joke.

LifeFuels is entering its 5th year as a company. Actually, LifeFuels is not a company, it's a punchline to a joke. What do you call a company that has been in business for 5 years and has no product, no sales, no nothing of any value except for press releases? Lifefuels is not a company, LifeFuels is a punchline to a joke. On April Fools Day, 2014, Life Fool Jonathon Perrelli founded LifeFuels...

Offering Free Investment & Investor Due Diligence Service

For the last few years, I've been researching and reporting on, clowns, scammers, schemers, and scumbags. I've been doing due diligence for investors and founders seeking investments. Sometimes it's as simple as a google search, sometimes, it's a tip from a source, and sometimes, I have to reach out to my sources.  My due diligence has uncovered: Clowns - The Incompetent Imbelishers Paul Singh Evan Burfield Jonathon Perrelli Jason Feimster Alexandra Stanton Crooks - It is my opinion that these folks are crooks or had long-term close relationships with criminals Danny Boice - Cofounder and former CEO of a company under investigation for fraud Jen Mellon - Cofounder and former President of a company under investigation for fraud Andy Powers - Charged with multiple federal counts of fraud Ram Reddy - Vigourously asserts he is a victim and not a criminal Matthew Pugsley - Convicted Felon In the course of my day, I do research to promote my blog which promotes my business. The blog is designed to gain an audience and demonstrate how I apply knowledge, experience, and critical thinking to work with my coaching clients. Readers frequently send me notes of: thanks from those I've helped from getting in trouble - Before the Fact ...

Trustify – In Search of The Danny Boice and Jen Mellon Autobiography

JenniBack in March, Danny Boice of Trustify had this huge think tank meeting with a large group of people at the Trustify offices. In attendance, employees, and representatives from a Boston-based PR firm hired to promote Boice's and Jen Mellon's "brand," a production company hired to create a feature-length documentary about Danny and Jen and a publishing company hired to ghostwrite Boice's autobiography. The first chapter of the autobiography was written and circulated the Trustify office. I'm told it was hilarious. Danny had a big falling out with the owner of the publishing company a few months later. I later learned that the company Trustify hired to write the autobiography was The Round Table Companies (RTC), run by CEO, Corey Blake. Aleksandra Corwin was assigned as the ghostwriter. Once again, Danny Boice and Jen Mellon were spending Investor's money to pump up their public profiles. This was cash, in a company hemorrhaging cash, that could have been used to build a better company, and make payroll. I'm willing to bet that Danny stiffed RTC, and the other companies involved with this autobiographical book and documentary. I bet RTC is one of the money companies on the list of unpaid Trustify Creditors. I'd like to ask all former Trustify employees,...

Marcus Bullock – Flikshop

In 1996 15-year-old Marcus Bullock, founder of Flikshop, stood in front of a judge. Tried as an adult Marcus was sentenced and served 8 years in an adult maximum security prison for felony auto theft. For the next 8 years, in the heat of summer, this young man would go out to the prison yard, dressed in a winter coat, stuffed with magazines...

Jason Feimster is not a VC

Jason Feimster is not a VC, how can you tell? Let me count the ways. Do you have eyes? Do you have ears? Do you have internet access and know how to use Goggle. Do you have a brain that functions? That should be enough. Just looking at Jason Feimster should tell you Jason Feimster is not a VC. Hearing him pretend to be a VC should be a tip. A little internet research would tell you. Providing you have a functioning brain and the ability to reason, any sensible human should know that Jason Feimster is a lot of things...

Peter Corbett’s Ego

"At the end of June this year I retired from the company I had founded. Being a 38 year old retiree has its perks for sure, but I’m assuming most people don’t have a perspective on the challenges associated with giving up the profession/status/context/wealth-generation-machine that they’d been managing for decades. In fact, this is a devilishly difficult thing to do for one super complicated reason: we subconsciously construct an Ego that enables us in the journey we set out for — and that Ego doesn’t just go away over night. It fights you— till its death or yours, and usually wins." Peter Corbett on his Massive Ego - The Year My Ego Died (+18 Book Recommendations) Peter Corbett is a unique and talented man. A man who has achieved numerous accolades and some of them were not self-awarded, including being named Mr. January in the 2019 Clowns and Crooks of DCTech Calendar. At 38 years old he successfully exited (with no sarcasm like when I say Evan Burfield or Danny Boice exited from a company) from a genuinely impressive company that he built on the back of impressive creativity, hard work, intelligence and an ego so big that it's gravitational force often interferes with...

Zombie Founder Danny Boice, dead man walking

The problem with Zombie's like Danny Boice is they don't know they're dead. Danny Boice, dead man walking. Danny's soon to be ex-wife and ex-retroactive Trustify founder Jen Mellon has left the building. This week her LinkedIn status went from presently employed at Trustify to ended employment in 2018. On LinkedIn for married co-founders of a dumpster fire, this is the Facebook relationship status equivalent of "it's complicated." In addition, according to a comment below, Ms. Mellon has removed every picture of her husband, Danny Boice from her facebook page. It appears she is trying to distance herself from the legal jeopardy of being a principal in a fraudelent enterprise. Call this phone number...