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07-21-2020, 10:28 AM #1
- Join Date
- Jul 2020
- Posts
- 3
Let's not get it twisted. Korchak does 1.47s too (not just 1.42s) and he's suing those same merchants for breaching their agreements with his company...during the shutdowns...and then adding fees on top. Then he goes on youtube and says a long time ago he cried when he found out an imaginary merchant named bob was actually a real person and how upon learning bob's life story he decided he would not enforce a judgment. Months later he not only sues merchants during a nationwide pandemic for "breaches," he then lectures his competitors about what's predatory and what's not. He says he left the business, but he didn't. He's too busy filing lawsuits in between his videos to get his 1.4x + fees back. Please tell us more Mr. Korchak sir about why you don't understand why this is happening to you.
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07-21-2020, 10:37 AM #2
- Join Date
- Jun 2013
- Posts
- 293
Primary Capital is open and servicing it's syndicate partners, ISO's and merchants, but will not being doing MCA anymore, or any financing in general, until after the election, potentially as long as inauguration day, and either we pivot to a new product that we find more acceptable for our money, and/or MCA reforms.
And yes, we are filing lawsuits against merchants who went completely dark on us, no communication via cell, business phone, home phone, and email for 3 months. Should I just let our money sit out there because I decided I didn't want to do "NEW" MCA deals?!
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