Wednesday, October 17, 2007

All the noise on PWP

I have invested over $16K in PWP.

As an owner, acknowledge on PWP and in the letter from Karen's lawyer, I fully expect all my owner rights and privileges to be reinstated. At this time I can read threads, but not post and I can no longer receive or send PM's.

With regard to the funding issues, Karen has not provided documentation as to where $15K in missing revenue revenue from PWP advertising, membership fees, and seminars fees has disappeared to. The receipts my lawyer received from Karen's lawyer are receipts that are, for the most part, already included in PWP's expenses. What this means is that there is an accounting of all legitimate expenditures from the PWP, totalling over $15,000 less than the total PWP revenue; however the bank accounts are empty according to Karen.

When I asked Karen about the missing money, I did it when we could be face to face. I provided her with a detailed spreadsheet of the revenue, all of the membership dues, seminar registrations, advertising income, and other miscellaneous income to the board - numbers I got from the back end of the board's software. My spreadsheet also included the expenses she provided me over the last year - legitimate expenditures that totaled more than $15,000 LESS than the actual revenue of the PWP. I asked to talk about this. She refused. I gave her the letter from my lawyer. I tried explaining we didn't have to go through lawyers. She went home to Atlanta and hasn't spoken to me since.

My lawyers have received one letter from Karen's. The deadline for response was September 28th, her lawyers response was dated October 9th, sent regular mail and received October 15th. We have received no further communication from her or her lawyers since then.

I didn't want to make things public. It's bad for business. And I came into this as a business - not as a way to support her personal baby.

One thing has been made clear from history. People come up against Karen and then back down for fear of the havoc she will wreck on their personal lives and their photography careers. I have nothing to lose. I am not a photographer, so I don't fear what she can do to my career. I am trying to recoup everything I can from my investment. At $16K and counting, wouldn't you?

I want nothing more then to keep PWP alive and kicking. One thing the numbers proved was this forum is profitable - when we had our membership base. A base that is willing to return if Karen is not here.

I'm gonna keep fighting for my investment. Because I believe in PWP. Because it was my money I invested. Because there are so many people who have tried to work with Karen and failed. Because I can.

-Kiki

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8 Comments:

Anonymous Anonymous said...

Rock on, girl -- rock on!

Devynn

October 17, 2007 1:45 PM  
Anonymous craig said...

Kiki,

I can't help but say that i told you so. You have my number if you ever want to chat.

October 17, 2007 6:06 PM  
Blogger Kiki said...

LOL. Craig, you did, indeed, tell me Karen was at the helm of my sinking ship.

My only real question is... where the hell were you before I invested all that money? ;)

October 17, 2007 6:44 PM  
Anonymous Anonymous said...

pretty sure kiki coming in was held in confidence until the deal was done sad to say

October 17, 2007 7:30 PM  
Anonymous Dan said...

" A base that is willing to return if Karen is not here."

I honestly don't know if that's true. But it is safe to assume that more folks might join up if you market it correctly.

October 17, 2007 11:39 PM  
Blogger Shalista said...

This post has been removed by the author.

October 18, 2007 11:56 AM  
Blogger Rick Rosen said...

Kiki,
Once again I want to express y to you and all the photographers on PWP how sorry I am that this has happened. I will remain polite and not express what is really on my mind (lawyers, ya know) but I will add that if there is anything that I can do to help you and also help keep PWP growing and active please do not hesitate to contact me privately. You have my email address.

Rick Rosen

October 22, 2007 7:57 PM  
Anonymous Anonymous said...

I am sorry this is happening to you. The fact that many of her "friends" appear to have abandoned her speaks volumes.

December 27, 2007 4:42 PM  

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