How do I go about investigating this?

[JustLurking]

Sarah – you asked for facts? How about public records? I did a quick google search for Steve V. Bartko. Interestingly, he has NO web presence for anything related to his business. But, I did find a pdf from First American Title showing his purchase of a 1bd/1ba condo in Oceanside in 2007 (for $550k no less!). Then I did a quick search at the county assessor site to see that he has not paid his property taxes on that property. Just the kind of person you would feel confident about their “personal guarantee”.

I suggest you do your own “research”. The info above took about 3 minutes to find.

[ucodegen]

@Sarah G

Ucodegen then, in his last sentence makes me understand where he is coming from, “I used to work at a defense contractor until I was laid off.” Maybe there is a reason why he was laid off? He was an employee for a contractor, and now a laid off employee.

Sweet.. personal attacks to prove your point. The fact that you resorted to this several times with different people on the board wrt this post indicates that your logic is weak and you have to resort to personal attacks to press your point. It is also interesting that you created your account about 4 days and 20 hours before making this post.

So, there is recourse. Does anyone here know what they are talking about? Read, Read, Read!!!

JustLurking chimes in with his/her expert opinion. Expert at what?

As Shakespeare says, and I paraphrase; Oh, what fools these posters be!

—

Ucodegen talks like an attorney, but he’s not! He is totally wrong.

As for wrong.. lets go to your major point.. the ‘personal guarantee’. Do you know what ‘DBA‘ stands for? It means ‘Doing Business As’. Therefore Investment accepted as a personal loan to Steve Bartko dba Starfire Technology actually reads Investment accepted as a personal loan to Steve Bartko doing business as Starfire Technology. This one sentence does two things;
1) Indicates that wherever the name ‘Steve Bartko’ is in the document, it is to be read as the entity ‘Starfire Technology’. This shortens the sentence above to ‘Investment accepted as a personal loan to Starfire Technology.‘
2) It also indicates that ‘Steve Bartko’ represents the corporate entity ‘Starfire Technology’.
The sentence that you take as meaning that ‘Steve Bartko’ is personally responsible literally states that there is a corporate veil between ‘Steve Bartko’ and ‘Starfire Technology’, and your business dealings are with ‘Starfire Technology’.

Every business is different. What one business does and finds advantageous, another finds disadvantageous.

True but there are some basic things that will guide companies, particularly those that deal with the government.
1) They will not throw away a 24% risk free rate of return. If it was truly 0 risk, then contractors would even create a sub-division with the sole purpose of lending money to ‘Starfire Technology’ to get that 24% risk free return.
2) There are CMMI level 3 and ISO 9000 certification requirements for government sub-contractors, dictated through the contract vehicle/document. Saw no such cert either way I looked at them (their website or cert agencies).

All the companies that I have worked for, have purchasing departments whose responsibility is to locate products and getting the best price. They do this for several reasons.. including quality control. If a supplier/manufacturer has a history poor delivery, delivery of non-working product, sub-par or non-compliant product.. the purchasing department will black-list that supplier/manufacturer. In addition, a company like Raytheon, Northrup Grumman, BAE, L-3 will have much more leverage over a supplier than some small middleman.

So far, my items 1-6 have not been refuted.. or even a real attempt to refute.

As for;

This might be an awesome investment, and then again, it might not be. If it is as presented, it is awsome! The only way you’ll find out if the investment is as awesome as is presented is to make an investment in it.

I agree with UCGal and I am quite surprised that a CFA with 30 years experience would say something like that.

[ucodegen]

@Sarah G

Ucodegen then, in his last sentence makes me understand where he is coming from, “I used to work at a defense contractor until I was laid off.” Maybe there is a reason why he was laid off? He was an employee for a contractor, and now a laid off employee.

Sweet.. personal attacks to prove your point. The fact that you resorted to this several times with different people on the board wrt this post indicates that your logic is weak and you have to resort to personal attacks to press your point. It is also interesting that you created your account about 4 days and 20 hours before making this post.

So, there is recourse. Does anyone here know what they are talking about? Read, Read, Read!!!

JustLurking chimes in with his/her expert opinion. Expert at what?

As Shakespeare says, and I paraphrase; Oh, what fools these posters be!

—

Ucodegen talks like an attorney, but he’s not! He is totally wrong.

As for wrong.. lets go to your major point.. the ‘personal guarantee’. Do you know what ‘DBA‘ stands for? It means ‘Doing Business As’. Therefore Investment accepted as a personal loan to Steve Bartko dba Starfire Technology actually reads Investment accepted as a personal loan to Steve Bartko doing business as Starfire Technology. This one sentence does two things;
1) Indicates that wherever the name ‘Steve Bartko’ is in the document, it is to be read as the entity ‘Starfire Technology’. This shortens the sentence above to ‘Investment accepted as a personal loan to Starfire Technology.‘
2) It also indicates that ‘Steve Bartko’ represents the corporate entity ‘Starfire Technology’.
The sentence that you take as meaning that ‘Steve Bartko’ is personally responsible literally states that there is a corporate veil between ‘Steve Bartko’ and ‘Starfire Technology’, and your business dealings are with ‘Starfire Technology’.

Every business is different. What one business does and finds advantageous, another finds disadvantageous.

True but there are some basic things that will guide companies, particularly those that deal with the government.
1) They will not throw away a 24% risk free rate of return. If it was truly 0 risk, then contractors would even create a sub-division with the sole purpose of lending money to ‘Starfire Technology’ to get that 24% risk free return.
2) There are CMMI level 3 and ISO 9000 certification requirements for government sub-contractors, dictated through the contract vehicle/document. Saw no such cert either way I looked at them (their website or cert agencies).

All the companies that I have worked for, have purchasing departments whose responsibility is to locate products and getting the best price. They do this for several reasons.. including quality control. If a supplier/manufacturer has a history poor delivery, delivery of non-working product, sub-par or non-compliant product.. the purchasing department will black-list that supplier/manufacturer. In addition, a company like Raytheon, Northrup Grumman, BAE, L-3 will have much more leverage over a supplier than some small middleman.

So far, my items 1-6 have not been refuted.. or even a real attempt to refute.

As for;

This might be an awesome investment, and then again, it might not be. If it is as presented, it is awsome! The only way you’ll find out if the investment is as awesome as is presented is to make an investment in it.

I agree with UCGal and I am quite surprised that a CFA with 30 years experience would say something like that.

[ucodegen]

@Sarah G

Ucodegen then, in his last sentence makes me understand where he is coming from, “I used to work at a defense contractor until I was laid off.” Maybe there is a reason why he was laid off? He was an employee for a contractor, and now a laid off employee.

Sweet.. personal attacks to prove your point. The fact that you resorted to this several times with different people on the board wrt this post indicates that your logic is weak and you have to resort to personal attacks to press your point. It is also interesting that you created your account about 4 days and 20 hours before making this post.

So, there is recourse. Does anyone here know what they are talking about? Read, Read, Read!!!

JustLurking chimes in with his/her expert opinion. Expert at what?

As Shakespeare says, and I paraphrase; Oh, what fools these posters be!

—

Ucodegen talks like an attorney, but he’s not! He is totally wrong.

As for wrong.. lets go to your major point.. the ‘personal guarantee’. Do you know what ‘DBA‘ stands for? It means ‘Doing Business As’. Therefore Investment accepted as a personal loan to Steve Bartko dba Starfire Technology actually reads Investment accepted as a personal loan to Steve Bartko doing business as Starfire Technology. This one sentence does two things;
1) Indicates that wherever the name ‘Steve Bartko’ is in the document, it is to be read as the entity ‘Starfire Technology’. This shortens the sentence above to ‘Investment accepted as a personal loan to Starfire Technology.‘
2) It also indicates that ‘Steve Bartko’ represents the corporate entity ‘Starfire Technology’.
The sentence that you take as meaning that ‘Steve Bartko’ is personally responsible literally states that there is a corporate veil between ‘Steve Bartko’ and ‘Starfire Technology’, and your business dealings are with ‘Starfire Technology’.

Every business is different. What one business does and finds advantageous, another finds disadvantageous.

True but there are some basic things that will guide companies, particularly those that deal with the government.
1) They will not throw away a 24% risk free rate of return. If it was truly 0 risk, then contractors would even create a sub-division with the sole purpose of lending money to ‘Starfire Technology’ to get that 24% risk free return.
2) There are CMMI level 3 and ISO 9000 certification requirements for government sub-contractors, dictated through the contract vehicle/document. Saw no such cert either way I looked at them (their website or cert agencies).

All the companies that I have worked for, have purchasing departments whose responsibility is to locate products and getting the best price. They do this for several reasons.. including quality control. If a supplier/manufacturer has a history poor delivery, delivery of non-working product, sub-par or non-compliant product.. the purchasing department will black-list that supplier/manufacturer. In addition, a company like Raytheon, Northrup Grumman, BAE, L-3 will have much more leverage over a supplier than some small middleman.

So far, my items 1-6 have not been refuted.. or even a real attempt to refute.

As for;

This might be an awesome investment, and then again, it might not be. If it is as presented, it is awsome! The only way you’ll find out if the investment is as awesome as is presented is to make an investment in it.

I agree with UCGal and I am quite surprised that a CFA with 30 years experience would say something like that.

[ucodegen]

@Sarah G

Ucodegen then, in his last sentence makes me understand where he is coming from, “I used to work at a defense contractor until I was laid off.” Maybe there is a reason why he was laid off? He was an employee for a contractor, and now a laid off employee.

Sweet.. personal attacks to prove your point. The fact that you resorted to this several times with different people on the board wrt this post indicates that your logic is weak and you have to resort to personal attacks to press your point. It is also interesting that you created your account about 4 days and 20 hours before making this post.

So, there is recourse. Does anyone here know what they are talking about? Read, Read, Read!!!

JustLurking chimes in with his/her expert opinion. Expert at what?

As Shakespeare says, and I paraphrase; Oh, what fools these posters be!

—

Ucodegen talks like an attorney, but he’s not! He is totally wrong.

As for wrong.. lets go to your major point.. the ‘personal guarantee’. Do you know what ‘DBA‘ stands for? It means ‘Doing Business As’. Therefore Investment accepted as a personal loan to Steve Bartko dba Starfire Technology actually reads Investment accepted as a personal loan to Steve Bartko doing business as Starfire Technology. This one sentence does two things;
1) Indicates that wherever the name ‘Steve Bartko’ is in the document, it is to be read as the entity ‘Starfire Technology’. This shortens the sentence above to ‘Investment accepted as a personal loan to Starfire Technology.‘
2) It also indicates that ‘Steve Bartko’ represents the corporate entity ‘Starfire Technology’.
The sentence that you take as meaning that ‘Steve Bartko’ is personally responsible literally states that there is a corporate veil between ‘Steve Bartko’ and ‘Starfire Technology’, and your business dealings are with ‘Starfire Technology’.

Every business is different. What one business does and finds advantageous, another finds disadvantageous.

True but there are some basic things that will guide companies, particularly those that deal with the government.
1) They will not throw away a 24% risk free rate of return. If it was truly 0 risk, then contractors would even create a sub-division with the sole purpose of lending money to ‘Starfire Technology’ to get that 24% risk free return.
2) There are CMMI level 3 and ISO 9000 certification requirements for government sub-contractors, dictated through the contract vehicle/document. Saw no such cert either way I looked at them (their website or cert agencies).

All the companies that I have worked for, have purchasing departments whose responsibility is to locate products and getting the best price. They do this for several reasons.. including quality control. If a supplier/manufacturer has a history poor delivery, delivery of non-working product, sub-par or non-compliant product.. the purchasing department will black-list that supplier/manufacturer. In addition, a company like Raytheon, Northrup Grumman, BAE, L-3 will have much more leverage over a supplier than some small middleman.

So far, my items 1-6 have not been refuted.. or even a real attempt to refute.

As for;

This might be an awesome investment, and then again, it might not be. If it is as presented, it is awsome! The only way you’ll find out if the investment is as awesome as is presented is to make an investment in it.

I agree with UCGal and I am quite surprised that a CFA with 30 years experience would say something like that.

[ucodegen]

@Sarah G

Ucodegen then, in his last sentence makes me understand where he is coming from, “I used to work at a defense contractor until I was laid off.” Maybe there is a reason why he was laid off? He was an employee for a contractor, and now a laid off employee.

Sweet.. personal attacks to prove your point. The fact that you resorted to this several times with different people on the board wrt this post indicates that your logic is weak and you have to resort to personal attacks to press your point. It is also interesting that you created your account about 4 days and 20 hours before making this post.

So, there is recourse. Does anyone here know what they are talking about? Read, Read, Read!!!

JustLurking chimes in with his/her expert opinion. Expert at what?

As Shakespeare says, and I paraphrase; Oh, what fools these posters be!

—

Ucodegen talks like an attorney, but he’s not! He is totally wrong.

As for wrong.. lets go to your major point.. the ‘personal guarantee’. Do you know what ‘DBA‘ stands for? It means ‘Doing Business As’. Therefore Investment accepted as a personal loan to Steve Bartko dba Starfire Technology actually reads Investment accepted as a personal loan to Steve Bartko doing business as Starfire Technology. This one sentence does two things;
1) Indicates that wherever the name ‘Steve Bartko’ is in the document, it is to be read as the entity ‘Starfire Technology’. This shortens the sentence above to ‘Investment accepted as a personal loan to Starfire Technology.‘
2) It also indicates that ‘Steve Bartko’ represents the corporate entity ‘Starfire Technology’.
The sentence that you take as meaning that ‘Steve Bartko’ is personally responsible literally states that there is a corporate veil between ‘Steve Bartko’ and ‘Starfire Technology’, and your business dealings are with ‘Starfire Technology’.

Every business is different. What one business does and finds advantageous, another finds disadvantageous.

True but there are some basic things that will guide companies, particularly those that deal with the government.
1) They will not throw away a 24% risk free rate of return. If it was truly 0 risk, then contractors would even create a sub-division with the sole purpose of lending money to ‘Starfire Technology’ to get that 24% risk free return.
2) There are CMMI level 3 and ISO 9000 certification requirements for government sub-contractors, dictated through the contract vehicle/document. Saw no such cert either way I looked at them (their website or cert agencies).

All the companies that I have worked for, have purchasing departments whose responsibility is to locate products and getting the best price. They do this for several reasons.. including quality control. If a supplier/manufacturer has a history poor delivery, delivery of non-working product, sub-par or non-compliant product.. the purchasing department will black-list that supplier/manufacturer. In addition, a company like Raytheon, Northrup Grumman, BAE, L-3 will have much more leverage over a supplier than some small middleman.

So far, my items 1-6 have not been refuted.. or even a real attempt to refute.

As for;

This might be an awesome investment, and then again, it might not be. If it is as presented, it is awsome! The only way you’ll find out if the investment is as awesome as is presented is to make an investment in it.

I agree with UCGal and I am quite surprised that a CFA with 30 years experience would say something like that.

[Anonymous]

Thunderblaze is not a name I would trust.

But Sarah is such a pretty name…I think we should trust her.

[Anonymous]

Thunderblaze is not a name I would trust.

But Sarah is such a pretty name…I think we should trust her.

[Anonymous]

Thunderblaze is not a name I would trust.

But Sarah is such a pretty name…I think we should trust her.

[Anonymous]

Thunderblaze is not a name I would trust.

But Sarah is such a pretty name…I think we should trust her.

[Anonymous]

Thunderblaze is not a name I would trust.

But Sarah is such a pretty name…I think we should trust her.

[Anonymous]

Are you thinking yet?
I find it sad that people don’t think.
First, I want to thank pri_dk for the compliment.

UCGal: If someone asks for opinion, it’s best to give opinion based upon facts.
Everyone has their own tolerance for risk and everyone has their own method of deciding whether an investment is for them. That’s why there are so many varied investments. What’s right for one person is not necessarily right for another. Some people didn’t like Microsoft or Intel or Berkshire when then first learned about them. They were right for some and not right for others. It’s your choice.
I’m sorry about your contractor problem, but they are not the same. And your contractor problem has nothing to do with Starfire. You’re comparing apples to bowling balls. You’re right on one point, just because there are no complaints doesn’t make it a good investment. But the fact that there are no complaints is a very, very positive sign.

Ucodegen: Please get facts. The contract states that there is a personal guarantee. dba simply means that a person or entity is utilizing an assumed name. It has nothing to do with a corporation or LLC or a corporate veil. I’d suggest that you consult with an attorney before you continue to make un-true statements. And yes, Bartko seems to be doing business under other names. So what. He also says that he will personally sign the promissory note! If anyone questions this fact, ask when you invest, that the promissory note be personally signed by Bartko (as he says he will do). I’d suggest that if anyone questions this, that they ask their attorney whether or not this is a personal promissory note. Ucodegen doesn’t know what he’s talking about!
Ucodegen makes broad, generalized statements without any facts or specific information.
To “refute” 1-6:
1. I’m sure that Ucodegen has no knowledge of what every Fortune 500 companies do. Every company is different. Starfire says that it is very specialized and has been in business for 35 years and has specialized contacts. What one company does, another does differently.
2. Again, a broad, generalized statement without anything to back it up. See my #1.
3. Again, a broad, generalized statement without anything to back it up. Starfire states that it is a very specialized company and it deals with very specialized parts and products.
4. Maybe the owner either does the ordering, scheduling and bookkeeping or hires someone to do this. If you read the web site, you’d see that there are only 15 to 20 outstanding contracts at any time. Maybe in the 35 years that the owner has been in this business, he’s learned how to be efficient.
5. Bartko, Starfire’s owner personally signs and guarantees the promissory note. What’s hard about this?
6. Maybe they have enough money to do everything themselves. Maybe Bartko would rather deal with a real person than a bank. Maybe Bartko doesn’t like to deal with banks. Who knows.
But, why would I even want to refute Ucodegen 1-6. All of these statements are generalized, unsubstantiated and unsupoorted. Again, this is how Starfire does business, and it works for them. Starfire doesn’t have to be like every business that Ucodegen has worked at!
Ucodegen has his/her opinions, but there are no facts.
I’m glad that Ucodegen has worked for so many companies and that he has so much experience. BUT; maybe Starfire, it it’s 35 years, has made contacts and has knowledge and information that makes it useful to utilize. If all companies were as Ucodegen presents, Starfire wouldn’t be in business today!

Every business is different.
Invest or don’t invest. Personally, I don’t care. But utilize facts. Don’t make unsubstantiated generalizations and don’t mislead. If you question whether or not there is a personal guarantee and personal liability to Bartko, ask them or ask your attorney.
What should you do when you invest? Diversify.
There isn’t a right or wrong.
I can take either side and play devil’s advocate. But again, it doesn’t make this a good or bad investment. If, it is as presented, it might be a spectacular investment. Other than opinion here, there are no facts that are negative. Unless you invest, you won’t know if it is good and you won’t know if it is bad. If you have facts, knowledge and feel comfortable, invest or don’t invest. But make a decision based upon fact and knowledge not unsubstantiated opinion.

Lastly: Use your own opinion and especially utilize facts. If you are interested in the investment. Contact them. That’s the only way you’ll get “good” information and fact. You won’t learn anything here from posters that have opinion and no fact.

Sarah G.

[Anonymous]

Are you thinking yet?
I find it sad that people don’t think.
First, I want to thank pri_dk for the compliment.

UCGal: If someone asks for opinion, it’s best to give opinion based upon facts.
Everyone has their own tolerance for risk and everyone has their own method of deciding whether an investment is for them. That’s why there are so many varied investments. What’s right for one person is not necessarily right for another. Some people didn’t like Microsoft or Intel or Berkshire when then first learned about them. They were right for some and not right for others. It’s your choice.
I’m sorry about your contractor problem, but they are not the same. And your contractor problem has nothing to do with Starfire. You’re comparing apples to bowling balls. You’re right on one point, just because there are no complaints doesn’t make it a good investment. But the fact that there are no complaints is a very, very positive sign.

Ucodegen: Please get facts. The contract states that there is a personal guarantee. dba simply means that a person or entity is utilizing an assumed name. It has nothing to do with a corporation or LLC or a corporate veil. I’d suggest that you consult with an attorney before you continue to make un-true statements. And yes, Bartko seems to be doing business under other names. So what. He also says that he will personally sign the promissory note! If anyone questions this fact, ask when you invest, that the promissory note be personally signed by Bartko (as he says he will do). I’d suggest that if anyone questions this, that they ask their attorney whether or not this is a personal promissory note. Ucodegen doesn’t know what he’s talking about!
Ucodegen makes broad, generalized statements without any facts or specific information.
To “refute” 1-6:
1. I’m sure that Ucodegen has no knowledge of what every Fortune 500 companies do. Every company is different. Starfire says that it is very specialized and has been in business for 35 years and has specialized contacts. What one company does, another does differently.
2. Again, a broad, generalized statement without anything to back it up. See my #1.
3. Again, a broad, generalized statement without anything to back it up. Starfire states that it is a very specialized company and it deals with very specialized parts and products.
4. Maybe the owner either does the ordering, scheduling and bookkeeping or hires someone to do this. If you read the web site, you’d see that there are only 15 to 20 outstanding contracts at any time. Maybe in the 35 years that the owner has been in this business, he’s learned how to be efficient.
5. Bartko, Starfire’s owner personally signs and guarantees the promissory note. What’s hard about this?
6. Maybe they have enough money to do everything themselves. Maybe Bartko would rather deal with a real person than a bank. Maybe Bartko doesn’t like to deal with banks. Who knows.
But, why would I even want to refute Ucodegen 1-6. All of these statements are generalized, unsubstantiated and unsupoorted. Again, this is how Starfire does business, and it works for them. Starfire doesn’t have to be like every business that Ucodegen has worked at!
Ucodegen has his/her opinions, but there are no facts.
I’m glad that Ucodegen has worked for so many companies and that he has so much experience. BUT; maybe Starfire, it it’s 35 years, has made contacts and has knowledge and information that makes it useful to utilize. If all companies were as Ucodegen presents, Starfire wouldn’t be in business today!

Every business is different.
Invest or don’t invest. Personally, I don’t care. But utilize facts. Don’t make unsubstantiated generalizations and don’t mislead. If you question whether or not there is a personal guarantee and personal liability to Bartko, ask them or ask your attorney.
What should you do when you invest? Diversify.
There isn’t a right or wrong.
I can take either side and play devil’s advocate. But again, it doesn’t make this a good or bad investment. If, it is as presented, it might be a spectacular investment. Other than opinion here, there are no facts that are negative. Unless you invest, you won’t know if it is good and you won’t know if it is bad. If you have facts, knowledge and feel comfortable, invest or don’t invest. But make a decision based upon fact and knowledge not unsubstantiated opinion.

Lastly: Use your own opinion and especially utilize facts. If you are interested in the investment. Contact them. That’s the only way you’ll get “good” information and fact. You won’t learn anything here from posters that have opinion and no fact.

Sarah G.

[Anonymous]

Are you thinking yet?
I find it sad that people don’t think.
First, I want to thank pri_dk for the compliment.

UCGal: If someone asks for opinion, it’s best to give opinion based upon facts.
Everyone has their own tolerance for risk and everyone has their own method of deciding whether an investment is for them. That’s why there are so many varied investments. What’s right for one person is not necessarily right for another. Some people didn’t like Microsoft or Intel or Berkshire when then first learned about them. They were right for some and not right for others. It’s your choice.
I’m sorry about your contractor problem, but they are not the same. And your contractor problem has nothing to do with Starfire. You’re comparing apples to bowling balls. You’re right on one point, just because there are no complaints doesn’t make it a good investment. But the fact that there are no complaints is a very, very positive sign.

Ucodegen: Please get facts. The contract states that there is a personal guarantee. dba simply means that a person or entity is utilizing an assumed name. It has nothing to do with a corporation or LLC or a corporate veil. I’d suggest that you consult with an attorney before you continue to make un-true statements. And yes, Bartko seems to be doing business under other names. So what. He also says that he will personally sign the promissory note! If anyone questions this fact, ask when you invest, that the promissory note be personally signed by Bartko (as he says he will do). I’d suggest that if anyone questions this, that they ask their attorney whether or not this is a personal promissory note. Ucodegen doesn’t know what he’s talking about!
Ucodegen makes broad, generalized statements without any facts or specific information.
To “refute” 1-6:
1. I’m sure that Ucodegen has no knowledge of what every Fortune 500 companies do. Every company is different. Starfire says that it is very specialized and has been in business for 35 years and has specialized contacts. What one company does, another does differently.
2. Again, a broad, generalized statement without anything to back it up. See my #1.
3. Again, a broad, generalized statement without anything to back it up. Starfire states that it is a very specialized company and it deals with very specialized parts and products.
4. Maybe the owner either does the ordering, scheduling and bookkeeping or hires someone to do this. If you read the web site, you’d see that there are only 15 to 20 outstanding contracts at any time. Maybe in the 35 years that the owner has been in this business, he’s learned how to be efficient.
5. Bartko, Starfire’s owner personally signs and guarantees the promissory note. What’s hard about this?
6. Maybe they have enough money to do everything themselves. Maybe Bartko would rather deal with a real person than a bank. Maybe Bartko doesn’t like to deal with banks. Who knows.
But, why would I even want to refute Ucodegen 1-6. All of these statements are generalized, unsubstantiated and unsupoorted. Again, this is how Starfire does business, and it works for them. Starfire doesn’t have to be like every business that Ucodegen has worked at!
Ucodegen has his/her opinions, but there are no facts.
I’m glad that Ucodegen has worked for so many companies and that he has so much experience. BUT; maybe Starfire, it it’s 35 years, has made contacts and has knowledge and information that makes it useful to utilize. If all companies were as Ucodegen presents, Starfire wouldn’t be in business today!

Every business is different.
Invest or don’t invest. Personally, I don’t care. But utilize facts. Don’t make unsubstantiated generalizations and don’t mislead. If you question whether or not there is a personal guarantee and personal liability to Bartko, ask them or ask your attorney.
What should you do when you invest? Diversify.
There isn’t a right or wrong.
I can take either side and play devil’s advocate. But again, it doesn’t make this a good or bad investment. If, it is as presented, it might be a spectacular investment. Other than opinion here, there are no facts that are negative. Unless you invest, you won’t know if it is good and you won’t know if it is bad. If you have facts, knowledge and feel comfortable, invest or don’t invest. But make a decision based upon fact and knowledge not unsubstantiated opinion.

Lastly: Use your own opinion and especially utilize facts. If you are interested in the investment. Contact them. That’s the only way you’ll get “good” information and fact. You won’t learn anything here from posters that have opinion and no fact.

Sarah G.

[Anonymous]

Are you thinking yet?
I find it sad that people don’t think.
First, I want to thank pri_dk for the compliment.

UCGal: If someone asks for opinion, it’s best to give opinion based upon facts.
Everyone has their own tolerance for risk and everyone has their own method of deciding whether an investment is for them. That’s why there are so many varied investments. What’s right for one person is not necessarily right for another. Some people didn’t like Microsoft or Intel or Berkshire when then first learned about them. They were right for some and not right for others. It’s your choice.
I’m sorry about your contractor problem, but they are not the same. And your contractor problem has nothing to do with Starfire. You’re comparing apples to bowling balls. You’re right on one point, just because there are no complaints doesn’t make it a good investment. But the fact that there are no complaints is a very, very positive sign.

Ucodegen: Please get facts. The contract states that there is a personal guarantee. dba simply means that a person or entity is utilizing an assumed name. It has nothing to do with a corporation or LLC or a corporate veil. I’d suggest that you consult with an attorney before you continue to make un-true statements. And yes, Bartko seems to be doing business under other names. So what. He also says that he will personally sign the promissory note! If anyone questions this fact, ask when you invest, that the promissory note be personally signed by Bartko (as he says he will do). I’d suggest that if anyone questions this, that they ask their attorney whether or not this is a personal promissory note. Ucodegen doesn’t know what he’s talking about!
Ucodegen makes broad, generalized statements without any facts or specific information.
To “refute” 1-6:
1. I’m sure that Ucodegen has no knowledge of what every Fortune 500 companies do. Every company is different. Starfire says that it is very specialized and has been in business for 35 years and has specialized contacts. What one company does, another does differently.
2. Again, a broad, generalized statement without anything to back it up. See my #1.
3. Again, a broad, generalized statement without anything to back it up. Starfire states that it is a very specialized company and it deals with very specialized parts and products.
4. Maybe the owner either does the ordering, scheduling and bookkeeping or hires someone to do this. If you read the web site, you’d see that there are only 15 to 20 outstanding contracts at any time. Maybe in the 35 years that the owner has been in this business, he’s learned how to be efficient.
5. Bartko, Starfire’s owner personally signs and guarantees the promissory note. What’s hard about this?
6. Maybe they have enough money to do everything themselves. Maybe Bartko would rather deal with a real person than a bank. Maybe Bartko doesn’t like to deal with banks. Who knows.
But, why would I even want to refute Ucodegen 1-6. All of these statements are generalized, unsubstantiated and unsupoorted. Again, this is how Starfire does business, and it works for them. Starfire doesn’t have to be like every business that Ucodegen has worked at!
Ucodegen has his/her opinions, but there are no facts.
I’m glad that Ucodegen has worked for so many companies and that he has so much experience. BUT; maybe Starfire, it it’s 35 years, has made contacts and has knowledge and information that makes it useful to utilize. If all companies were as Ucodegen presents, Starfire wouldn’t be in business today!

Every business is different.
Invest or don’t invest. Personally, I don’t care. But utilize facts. Don’t make unsubstantiated generalizations and don’t mislead. If you question whether or not there is a personal guarantee and personal liability to Bartko, ask them or ask your attorney.
What should you do when you invest? Diversify.
There isn’t a right or wrong.
I can take either side and play devil’s advocate. But again, it doesn’t make this a good or bad investment. If, it is as presented, it might be a spectacular investment. Other than opinion here, there are no facts that are negative. Unless you invest, you won’t know if it is good and you won’t know if it is bad. If you have facts, knowledge and feel comfortable, invest or don’t invest. But make a decision based upon fact and knowledge not unsubstantiated opinion.

Lastly: Use your own opinion and especially utilize facts. If you are interested in the investment. Contact them. That’s the only way you’ll get “good” information and fact. You won’t learn anything here from posters that have opinion and no fact.

Sarah G.

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