- Al was supposed to use the majority of my investment as seed money to leverage additional funds from government agencies, that never happened as Al came up with other ideas.
- One of his other ideas was something called "Sunset Resort Services". Where does this fit into the plan?
- There were some packaging problems, Al didn’t like the colours of the bags or something along those lines.
- It turns out Al didn’t have a vehicle, the van in his parking spot wasn't road worthy. Another friend was supposed to let him use a van for the summer and Al was going to reimburse him for the use of the vehicle. The loaner vehicle never showed up. There were all sorts of excuses for this screw up.
This blog summarizes my unfortunate experience as an investor/partner with Al Sebastian in his Canadian Classic Food Products business. CCFP's primary product is a fish and game batter called Canadian Classic Fish Fry. The product itself is very good, the problem is Al’s business practices.
If you're approached by Al to invest in Canadian Classic Food Products or whatever it’s called in the future please take my experience into account, say no and please let me know about it.
Wednesday, 19 October 2011
Starting out
During the early part of 2010 there were a few bumps along the way.
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