APR has been sold to Mangrove Equity

i was just logging on to post this. Ive been quiet over the last few weeks on this subject for a few reasons, but seriously that is fucked up. How the hell could they sell something like this someone.

Jebus… I screenshoted a bunch of stuff off the fb post, aprydeleted alot of questions about this. Then finally came out and said it.

Hahahahaha this is nuts.

Anyone have a screen shot of where arin said vwr will warranty it?

Post them up for the record…lol

At what point does every apr thread start automatically playing yakety sax.

Yup. Doesn’t say Arin, but APR LLC posted.

Done.

http://tapatalk.imageshack.com/v2/14/12/05/88d8116a1757e903d17816e327f2ca34.jpg

http://tapatalk.imageshack.com/v2/14/12/05/d6ba958b6ad27f41e5292a48b067194d.jpg

http://tapatalk.imageshack.com/v2/14/12/05/28a67bad999be512e09a74553140d117.jpg

http://tapatalk.imageshack.com/v2/14/12/05/372008554fbc81230d7fbe274d0e6d70.jpg

http://tapatalk.imageshack.com/v2/14/12/05/cb047d7571104e5a509dc83dd4d885ed.jpg

When you click on Pat Chung, these were the replies.

http://tapatalk.imageshack.com/v2/14/12/05/43d52a8ad9837a35b6209d44edf16c1e.jpg

So yes they came out and said they still carry warranty.
Edit* - came out and said they will check.
Now looks like this.

http://tapatalk.imageshack.com/v2/14/12/05/789778e28b7a165e961047cf43d2cde5.jpg

Can’t remember what name this was under but the APR reply in this one made me spit my beer out as I was reading it.

http://tapatalk.imageshack.com/v2/14/12/05/8d327d159834cb8bcc44222ca632d38a.jpg

http://tapatalk.imageshack.com/v2/14/12/05/0abf798750692008059fb2c30646ab70.jpg

That thread is alot smaller and edited alot now.

http://tapatalk.imageshack.com/v2/14/12/05/d3dd9fb8c2c0f94c1cbaae3809e6ea27.jpg

http://tapatalk.imageshack.com/v2/14/12/05/e4355dee1b99958c41765e142109f898.jpg

http://tapatalk.imageshack.com/v2/14/12/05/f8a0d5099ea7913b36ec630c43ec0649.jpg

All negatives removed and any sort of photo from this site or golfmk6 page has been removed.

I’d almost guarantee that is Arin

Damn they took out even normal questions. (although mine was subtly trolling)

You can’t write this shit!

goddamn, what a mess. so glad I held off on any performance parts for my R, I had been considering APR but now it seems I gotta be as vigilant with R parts as it was with the S4.

APR IP leaks

A development that has been going on at APR for quite some time is the purported leakage of intellectual property, which is being sold to competitors overseas. Given the uncertain nature of the allegations I will leave names out of this.

The issue was investigated since Early 2014. This employee’s actions have been noticed and reported, but no action has been taken by the new management.

So far there have been six instances in which said employee’s actions were noted.

  1. The former CEO raises alarm due to witness testimony that an employee is trying to steal IP and get other employees to leave to a competitor
  2. A manager raises alarm after seeing same employee trade/sell IP to a competitor.
  3. A manager gets information from a social media site owner that same employee is disparaging company publicly
  4. An Engineering employee raises alarm with collected evidence of online conversations implicating same employee in plot to steal IP and steal employees away from company to go to a competitor
  5. Another employee notices APR IP posted on a foreign tuner’s personal FB page. When asked, the foreign tuner asks that APR not sell to his competitors in the region. When tuner realizes second employee is not working with the alleged thief, he terminates communication and deletes the photographs from his page.
  6. The broker helping the employee sell the IP gloats to an external associate of APR what is being sold, to which competitor it is being sold to, and what the holdup is for delivery of content.

Other noteworthy mentions:
-employee brags about having access to company financial data
-employee was allowed to set up a backup server in foreign country
-employee maintains relationship with broker despite being expressly told by upper management to cease contact
-employee’s broker has been increasingly cavalier in his attempts to sell IP as their actions are widely known within the industry
-punitive measures are taken towards those who bring forth information to management regarding the actions of this employee.

Ultimately the relative worth of the IP being sold/will be sold in the future is difficult to pinpoint since it requires successful execution of the product in competitors’ product lines. That being said, IP leaks from the fundamental basis of a software company can never be good. I’m surprised more objective analysis and action has not been taken. Rather, upper management seems to be complacent with taking this employee at his word. Without taking the proper steps to address this IP leak, I fear they’re fighting a loosing battle.

^ Why wouldn’t said employee be walked to the door? Lack of leadership?

The fastest way to get fired at my company (besides looking at bad things on your PC) is to fail to protect IP. Big no-no.

I’d imagine it comes down to this employee’s position within the company, any leverage they might have, and the fallout/repercussions from terminating said employee. Also, they may lack the technical ability to trace the movements of said employee.

This is an issue i’ve known for quite some time that I have not posted about, simply because MG tends to disregard anything I post under the veneer that it is somehow not credible coming from an outside source. That being said, it’s been about 4 months now since i’ve known and no action has been taken.

Here is a related example of how another company handled IP disclosure and profiteering…

http://www.valuewalk.com/2014/12/apple-exec-gets-year-prison-4-5m-fine/

Why hasn’t the employee left if that was his big plan? Revo style.

And since you have mentioned in the past you have no beefs with other employee’s other than Arin…I assume this is Arin again.

What I really want…is to see the photos Arin has of the CEO of Mangrove. They must be whoppers!

You would be incorrect with that assumption.

I’m sure this employee appreciates the diversions that have been created over the recent months, allowing him to remain in relative obscurity.

I cannot speak as to why this employee chooses to conduct business this way.

Just to make sure I understand. There’s an APR employee that is selling APR intellectual property to competitors? Or is this just a competitor? The same employee is attempting to get employees to defect to the same competitor?

APR seems like they are in a money raising phase right now. Could this intellectual selling be part of MG attempting to raise more capital?

Who are the smart people at APR? i.e. who are responsible for the development of products and parts? Is there a key guy? or is it a bunch of people?

Are these people/this person still working at APR? or have they too been replaced?

If the only guys left are the sales guys and the investors, I’m kind of wondering what direction APR will go. If they’re not paying their suppliers it make you wonder how they’re going to attract any new talent at all at this point.

Look at their latest product release, a cheap unattractive boost gauge. I think they will ride out their current inventory, maybe invest in a few cheap products (IE boost gauge) and use their reputation with the general public to sell those. Either get back in the black, or make a few bucks before they fizzle out.

Sean@APR and Mike H are the main braintrust as the 2 software guys. Definitely 2 very different personalities though with Sean being more well rounded and an efficient manager with Mike H as kind of the quiet savant type.

Software engineering is where a lot of the value is in any company in this industry. A talented calibrator is important but nowhere as important as being able to read/write these new ecus and implement coding changes. You can find a hack calibrator with a big ego that’d put together a file that makes more power than stock with a bunch of pointless maps changed… They’re a dime a dozen. Very few customers know the difference between a good calibration and a bad one. You’d be amazed at what is in these files, a lot of people wouldn’t even run it on their car if they saw it. For the record, not talking about APR’s files in that last statement.

You could also probably classify Conan & Raz and the marketing material as asset as well. APR doesn’t struggle with brand image and marketing. Well they don’t struggle with brand image outside of select usa forums that are ~1% of the customer base that contribute to revenue.

Note - This is all true as of a year ago back when Hooks was there. Not sure what happened to office morale or if there’s any of that left.