Addiction LXXVII
03-21-20, 08:25 PM
#9851
cowboy, steel horse, etc
Join Date: Sep 2008
Location: The hot spot.
Posts: 44,828
Bikes: everywhere
Mentioned: 71 Post(s)
Tagged: 1 Thread(s)
Quoted: 12762 Post(s)
Liked 7,675 Times
in
4,072 Posts
03-21-20, 08:28 PM
#9852
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,589
Bikes: Have two wheels
Mentioned: 169 Post(s)
Tagged: 2 Thread(s)
Quoted: 13710 Post(s)
Liked 4,524 Times
in
2,503 Posts
03-21-20, 08:32 PM
#9853
cowboy, steel horse, etc
Join Date: Sep 2008
Location: The hot spot.
Posts: 44,828
Bikes: everywhere
Mentioned: 71 Post(s)
Tagged: 1 Thread(s)
Quoted: 12762 Post(s)
Liked 7,675 Times
in
4,072 Posts
In observance of Kenny Rogers' passing, we'll be watching his finest film - Six Pack.
https://youtu.be/_fuYI3O9SdI
https://youtu.be/_fuYI3O9SdI
The little lady dislikes good movies sometimes. I dunno why.
03-21-20, 08:42 PM
#9854
Super Modest
Join Date: Jun 2002
Location: Central Illinois
Posts: 23,466
Bikes: Trek Emonda, Giant Propel, Colnago V3, Co-Motion Supremo, ICE VTX WC
Mentioned: 107 Post(s)
Tagged: 1 Thread(s)
Quoted: 10963 Post(s)
Liked 4,620 Times
in
2,123 Posts
03-21-20, 09:01 PM
#9855
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,589
Bikes: Have two wheels
Mentioned: 169 Post(s)
Tagged: 2 Thread(s)
Quoted: 13710 Post(s)
Liked 4,524 Times
in
2,503 Posts
03-21-20, 09:11 PM
#9856
Mostly Harmless
Join Date: Jul 2008
Location: Chittenango, NY
Posts: 56,589
Bikes: Have two wheels
Mentioned: 169 Post(s)
Tagged: 2 Thread(s)
Quoted: 13710 Post(s)
Liked 4,524 Times
in
2,503 Posts
03-21-20, 09:23 PM
#9857
So it is
Join Date: Sep 2008
Location: Westminster, CO
Posts: 21,340
Bikes: Luzerne, 684, Boreas, Wheelhouse, Alize©®, Bayamo, Cayo
Mentioned: 246 Post(s)
Tagged: 1 Thread(s)
Quoted: 11398 Post(s)
Liked 4,744 Times
in
2,763 Posts
03-21-20, 09:51 PM
#9858
cowboy, steel horse, etc
Join Date: Sep 2008
Location: The hot spot.
Posts: 44,828
Bikes: everywhere
Mentioned: 71 Post(s)
Tagged: 1 Thread(s)
Quoted: 12762 Post(s)
Liked 7,675 Times
in
4,072 Posts
03-22-20, 03:35 AM
#9859
VFL For Life
Join Date: Feb 2005
Location: Knoxville, TN
Posts: 51,210
Bikes: Velo Volmobile
Mentioned: 780 Post(s)
Tagged: 2 Thread(s)
Quoted: 28595 Post(s)
Liked 1,855 Times
in
1,317 Posts
03-22-20, 03:37 AM
#9860
VFL For Life
Join Date: Feb 2005
Location: Knoxville, TN
Posts: 51,210
Bikes: Velo Volmobile
Mentioned: 780 Post(s)
Tagged: 2 Thread(s)
Quoted: 28595 Post(s)
Liked 1,855 Times
in
1,317 Posts
03-22-20, 03:45 AM
#9861
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,045
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22590 Post(s)
Liked 8,924 Times
in
4,157 Posts
All the county parks here are closed, so Valley Forge park is super-crowded the past few days. It’s understandable that people want to get out.
03-22-20, 04:31 AM
#9862
• —
Join Date: Jun 2015
Location: Land of Pleasant Living
Posts: 12,230
Bikes: Shmikes
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 10165 Post(s)
Liked 5,852 Times
in
3,152 Posts
03-22-20, 05:15 AM
#9863
Señor Member
I saw that too. I think testing is wise to track this. OTOH today we are being told to NOT test if it won’t affect management. In other words, if we think someone has it and they are otherwise healthy, tell them to self isolate for 7 days and until no fever for 72 hours. And don’t test. It may change as more testing is available.
In some areas, people who have sewing machines have started making face masks. These aren't as good as the N95 masks, but I think the idea is that these would be for the "worried well" so they stop hoarding the N95 masks.
03-22-20, 05:18 AM
#9864
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,045
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22590 Post(s)
Liked 8,924 Times
in
4,157 Posts
03-22-20, 05:21 AM
#9865
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,045
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22590 Post(s)
Liked 8,924 Times
in
4,157 Posts
Getting ready for my Sunday ride. Unclear how many will show up. My plan again is to send 2-3 people out at 15s intervals and have those small groups of 2 or 3 maintain social distance. The details are up to them.
It’s possible even this quasi-group activity will be banned soon. Stay tuned.
It’s possible even this quasi-group activity will be banned soon. Stay tuned.
03-22-20, 05:21 AM
#9866
Señor Member
Delaware Governor closed the beaches and boardwalk. I believe that the state park is also closed. I have heard rumors that a shelter-in-place order may be issued for us as well, but the number of cases we have is miniscule compared to NY/NJ.
I need to go in to DC at some point to swap out a failed hard drive, but I don't know for sure when I will be able to get to it.
I need to go in to DC at some point to swap out a failed hard drive, but I don't know for sure when I will be able to get to it.
03-22-20, 05:27 AM
#9867
• —
Join Date: Jun 2015
Location: Land of Pleasant Living
Posts: 12,230
Bikes: Shmikes
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 10165 Post(s)
Liked 5,852 Times
in
3,152 Posts
Lots of people are using PAPRs, I hear, but maybe they've run out of everything else.
03-22-20, 05:27 AM
#9868
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,045
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22590 Post(s)
Liked 8,924 Times
in
4,157 Posts
Likes For datlas:
03-22-20, 05:32 AM
#9869
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,045
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22590 Post(s)
Liked 8,924 Times
in
4,157 Posts
Here is group text I just sent out. I am sure that some riders will think this is too restrictive and others will think not restrictive enough.
Guys, for today’s ride I am going to ask that people go out in SMALL groups (like 2-4) of riders and try to maintain social distance even with your small group. These groups can be in eyesight of each other but stay 10-15 seconds back if possible. We may be closer at stop signs but if that happens please keep social distance.
I suspect next week we may need to send people out in groups of 1. Sad!
Guys, for today’s ride I am going to ask that people go out in SMALL groups (like 2-4) of riders and try to maintain social distance even with your small group. These groups can be in eyesight of each other but stay 10-15 seconds back if possible. We may be closer at stop signs but if that happens please keep social distance.
I suspect next week we may need to send people out in groups of 1. Sad!
03-22-20, 05:48 AM
#9870
Should Be More Popular
Join Date: Dec 2007
Location: Malvern, PA (20 miles West of Philly)
Posts: 43,045
Bikes: 1986 Alpine (steel road bike), 2009 Ti Habenero, 2013 Specialized Roubaix
Mentioned: 560 Post(s)
Tagged: 2 Thread(s)
Quoted: 22590 Post(s)
Liked 8,924 Times
in
4,157 Posts
I watch almost zero TV but we got a free 1 week trial of CBS and watched first episode of “Picard,” nice to see Sir Patrick Stewart reprise his most famous TV role. But also an obvious reminder that we are all getting older.
Likes For datlas:
03-22-20, 05:58 AM
#9871
serious cyclist
Join Date: Apr 2009
Location: Austin
Posts: 21,147
Bikes: S1, R2, P2
Mentioned: 115 Post(s)
Tagged: 1 Thread(s)
Quoted: 9334 Post(s)
Liked 3,679 Times
in
2,026 Posts
03-22-20, 06:17 AM
#9872
Administrator
Thread Starter
Join Date: Apr 2005
Location: Hudson Valley, NY
Posts: 32,989
Bikes: Merlin Cyrene '04; Bridgestone RB-1 '92
Mentioned: 325 Post(s)
Tagged: 2 Thread(s)
Quoted: 11960 Post(s)
Liked 6,629 Times
in
3,477 Posts
See, now you people are just ASKING to get divorced.
__________________
See, this is why we can't have nice things. - - smarkinson
Where else but the internet can a bunch of cyclists go and be the tough guy? - - jdon
Likes For BillyD:
03-22-20, 06:23 AM
#9873
Administrator
Thread Starter
Join Date: Apr 2005
Location: Hudson Valley, NY
Posts: 32,989
Bikes: Merlin Cyrene '04; Bridgestone RB-1 '92
Mentioned: 325 Post(s)
Tagged: 2 Thread(s)
Quoted: 11960 Post(s)
Liked 6,629 Times
in
3,477 Posts
You’re an ex-smoker?
__________________
See, this is why we can't have nice things. - - smarkinson
Where else but the internet can a bunch of cyclists go and be the tough guy? - - jdon
03-22-20, 06:33 AM
#9874
Has a magic bike
Join Date: Aug 2013
Location: Los Angeles
Posts: 12,590
Bikes: 2018 Scott Spark, 2015 Fuji Norcom Straight, 2014 BMC GF01, 2013 Trek Madone
Mentioned: 699 Post(s)
Tagged: 1 Thread(s)
Quoted: 4456 Post(s)
Liked 425 Times
in
157 Posts
LA County banned all gatherings, indoor or outdoor, yesterday. Meaning no group rides. Solo or family cycling is still allowed.
Amongst other new restrictions. Basically we’re at Shelter in Place right now.
Amongst other new restrictions. Basically we’re at Shelter in Place right now.
03-22-20, 06:37 AM
#9875
Administrator
Thread Starter
Join Date: Apr 2005
Location: Hudson Valley, NY
Posts: 32,989
Bikes: Merlin Cyrene '04; Bridgestone RB-1 '92
Mentioned: 325 Post(s)
Tagged: 2 Thread(s)
Quoted: 11960 Post(s)
Liked 6,629 Times
in
3,477 Posts
So FINALLY we closed on the sale of our lovely sailboat today.
Things went kind of bat$hit haywire for awhile there. Turns out we picked maybe the worlds worst yacht broker to work with.
Basic story is: we started with a lowball offer, countered, and the buyers mysteriously came up quite remarkably in price. It turns out that when we received the initial written offer, Mr H pointed out to the broker that we shouldn’t be listed as the seller on the paperwork, it should actually be the LLC which we own and which in turn owns the boat.
Well unbeknownst to us that is a very advantageous thing for the buyer. If they buy our business instead of our boat, they owe no sales tax to the state of California. Which is a substantial sum, the sales tax rate here being 10%.
So without our consent or knowledge, our broker used this to negotiate with the buyers, promising them we’d sell them the LLC rather than the boat. Same thing effectively though because the sole asset of the LLC was the boat. This explains why the buyers came up in price so quickly.
The big problem with the yacht broker doing that (aside from not discussing it with us) is that it’s illegal for a yacht broker to broker the sale of a business in the state of California, it has to be done by either a lawyer or a real estate agent. Why? Because yacht brokers don’t know squat about the process of selling a business, as I can attest to by the clueless behavior of both buyers and sellers broker in this instance.
We received several iterations of purchase agreements, none of which mentioned selling the LLC, we knew nothing about it until we’d already come to terms with the buyer and our broker casually mentions the lawyer who does his legal work to transfer the LLC.
WHAT?! Trust me, it’s fine. No, we’re not going to trust you. We’re going to hire our own lawyer and become informed on the subject.
(Meanwhile the stock market is crashing a bit more every day. Pandemic coming for us.)
Turns out consulting with our new Maritime Law lawyer, it is fine to sell the LLC, there’s no downside for us and a big upside for the buyer. But no flipping way I am having a lawyer representing the buyer do my legal work. So more expense to pay our new lawyer.
And jeez, the difficulties it caused with both of these yacht brokers was absurd. They were both used to working with “their guy” and were endlessly suspicious of our guy. They could not wrap their heads around the process and at every step of the way had to verify what our lawyer was saying.
Then after the 27th stupid iteration of the LLC transfer paperwork (insisted upon by the buyers broker who seemed literally to be unable to understand written English because he’d insist on adding some clause that was already in the contract), the buyers broker declares he will not receive the purchase funds from the buyer to hold in his trust account prior to the sale.
Why? Because he can’t do that since it’s illegal for him to broker a sale of a business in the state of California. Yet he’s willing to accept commission on the sale. He insists our lawyer accept the purchase funds into *his* trust account. Our lawyer tries to explain that whilst the brokers are legally neutral parties for the purposes of holding this money in an escrow account, he (our lawyer) is *not* a neutral party, he works for us. So ethically, he should not hold the buyers funds.
We go around and around on this stupid point and finally the lawyer says f it! Give me the money.
Ok now we’re a day and a half from closing but the buyers don’t wire the $ to our lawyer until 4pm the day prior to closing. Closing time rolls around and the money has not yet showed up in the lawyers account. Both brokers are perplexed as to why we won’t just move forward with closing and handing over the bill of sale.
Um, because the buyers haven’t actually paid for the boat yet?
Now the buyers are freaking out, where did their money go? They spend 2 hours on hold with their bank yesterday trying to trace the wire transfer. The money finally shows up in our lawyers account around 7pm last night.
Jeez the whole thing was ridiculous. But we finally closed the sale today.
Sad to see our lovely boat go. But feeling lucky to have sold her at the start of a global recession.
Trying to decide whether to report both brokers to the agency which licenses them.
Things went kind of bat$hit haywire for awhile there. Turns out we picked maybe the worlds worst yacht broker to work with.
Basic story is: we started with a lowball offer, countered, and the buyers mysteriously came up quite remarkably in price. It turns out that when we received the initial written offer, Mr H pointed out to the broker that we shouldn’t be listed as the seller on the paperwork, it should actually be the LLC which we own and which in turn owns the boat.
Well unbeknownst to us that is a very advantageous thing for the buyer. If they buy our business instead of our boat, they owe no sales tax to the state of California. Which is a substantial sum, the sales tax rate here being 10%.
So without our consent or knowledge, our broker used this to negotiate with the buyers, promising them we’d sell them the LLC rather than the boat. Same thing effectively though because the sole asset of the LLC was the boat. This explains why the buyers came up in price so quickly.
The big problem with the yacht broker doing that (aside from not discussing it with us) is that it’s illegal for a yacht broker to broker the sale of a business in the state of California, it has to be done by either a lawyer or a real estate agent. Why? Because yacht brokers don’t know squat about the process of selling a business, as I can attest to by the clueless behavior of both buyers and sellers broker in this instance.
We received several iterations of purchase agreements, none of which mentioned selling the LLC, we knew nothing about it until we’d already come to terms with the buyer and our broker casually mentions the lawyer who does his legal work to transfer the LLC.
WHAT?! Trust me, it’s fine. No, we’re not going to trust you. We’re going to hire our own lawyer and become informed on the subject.
(Meanwhile the stock market is crashing a bit more every day. Pandemic coming for us.)
Turns out consulting with our new Maritime Law lawyer, it is fine to sell the LLC, there’s no downside for us and a big upside for the buyer. But no flipping way I am having a lawyer representing the buyer do my legal work. So more expense to pay our new lawyer.
And jeez, the difficulties it caused with both of these yacht brokers was absurd. They were both used to working with “their guy” and were endlessly suspicious of our guy. They could not wrap their heads around the process and at every step of the way had to verify what our lawyer was saying.
Then after the 27th stupid iteration of the LLC transfer paperwork (insisted upon by the buyers broker who seemed literally to be unable to understand written English because he’d insist on adding some clause that was already in the contract), the buyers broker declares he will not receive the purchase funds from the buyer to hold in his trust account prior to the sale.
Why? Because he can’t do that since it’s illegal for him to broker a sale of a business in the state of California. Yet he’s willing to accept commission on the sale. He insists our lawyer accept the purchase funds into *his* trust account. Our lawyer tries to explain that whilst the brokers are legally neutral parties for the purposes of holding this money in an escrow account, he (our lawyer) is *not* a neutral party, he works for us. So ethically, he should not hold the buyers funds.
We go around and around on this stupid point and finally the lawyer says f it! Give me the money.
Ok now we’re a day and a half from closing but the buyers don’t wire the $ to our lawyer until 4pm the day prior to closing. Closing time rolls around and the money has not yet showed up in the lawyers account. Both brokers are perplexed as to why we won’t just move forward with closing and handing over the bill of sale.
Um, because the buyers haven’t actually paid for the boat yet?
Now the buyers are freaking out, where did their money go? They spend 2 hours on hold with their bank yesterday trying to trace the wire transfer. The money finally shows up in our lawyers account around 7pm last night.
Jeez the whole thing was ridiculous. But we finally closed the sale today.
Sad to see our lovely boat go. But feeling lucky to have sold her at the start of a global recession.
Trying to decide whether to report both brokers to the agency which licenses them.
__________________
See, this is why we can't have nice things. - - smarkinson
Where else but the internet can a bunch of cyclists go and be the tough guy? - - jdon