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post #1 of 16 (permalink) Old 01-06-2013, 05:54 PM Thread Starter
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fas pay

is anyone still working for this joke of a company,they still owe money and been closer to 60 days now,how is everyone else doing with them.
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post #2 of 16 (permalink) Old 01-06-2013, 07:38 PM
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We kicked them to the curb a long time ago. What they do to people is reprehensible.
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post #3 of 16 (permalink) Old 01-06-2013, 07:59 PM
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I did alot of work thru there vendor as a sub last 2 years and thought they were good (didn't know much about this industry). When they lost the Fannie mae contract here they were like a ghost..notta, nothing but a grass cut (one) in my area. They did alot of dancing in those last days going to "flat fee" pricing..really pissed of the vendors.
I am now going thru their vendor application. I will keep you all updated on what I find with this co. as it tries to find it's feet. I personally feel that Safeguard (who got the Fannie Mae contract) is in over it's head. We all know how fast this industry changes...I don't want to be playing "catch-up" again.
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post #4 of 16 (permalink) Old 01-06-2013, 08:04 PM
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You say "Over their head" ; they call it "High Cotton". Once a Nat gets a contract and the money is in their pocket, their really isn't a lot of worries.
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post #5 of 16 (permalink) Old 01-06-2013, 09:04 PM
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is anyone still working for this joke of a company,they still owe money and been closer to 60 days now,how is everyone else doing with them.

nope! Stopped working for them
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post #6 of 16 (permalink) Old 01-07-2013, 09:31 AM
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is anyone still working for this joke of a company,they still owe money and been closer to 60 days now,how is everyone else doing with them.

I dont know about your local laws regulations but you have a certain window to LEIN in from the last time you were sent to the property. They are playing the float game with payment being issued on said invoices and not actually being done. They are playing some sort of game and are not on the top anymore and scrambling for clients. I am beginning to appreciate my decision to give em the boot more and more. I also see them in these last days of their operation as a pyramid scheme. The last few properties they are getting are supposed to pay hte bills (their bills) and the vendors are going to get nothing . LEIN then tell em to shrink your coverage area. Before splitting from them I did so and was making 75$ more for every work order because of distance fees. Play their game smarter not HARDER
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post #7 of 16 (permalink) Old 01-08-2013, 05:20 PM
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I've worked for them for years and never had a problem until recently. Really getting bad on paying. Never had them not give an answer of when the check was coming until now. Scary?!
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post #8 of 16 (permalink) Old 01-15-2013, 01:46 PM
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I was just called by a friend I got into t he business. He received the roll out of the 2 dollar per invoice service fee from FAS . And now it sounds as though they are making it mandatory that you enroll in their E&O master policy. This is to cover their ass NOT YOURS. I just renewed my E&O and saw where it (e&O) covers the policy holder NOT the comapanies named as additional insured. GL on the otherhand is still covering the additional insured. Just beware. I am soooo glad I dont work for these Azzholes anymore !! I can see a national walkout comming on with their vendors. Best of luck to the rest of you involved with this ponzi scheme of a company
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post #9 of 16 (permalink) Old 01-15-2013, 02:36 PM
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I was just called by a friend I got into t he business. He received the roll out of the 2 dollar per invoice service fee from FAS . And now it sounds as though they are making it mandatory that you enroll in their E&O master policy. This is to cover their ass NOT YOURS. I just renewed my E&O and saw where it (e&O) covers the policy holder NOT the comapanies named as additional insured. GL on the otherhand is still covering the additional insured. Just beware. I am soooo glad I dont work for these Azzholes anymore !! I can see a national walkout comming on with their vendors. Best of luck to the rest of you involved with this ponzi scheme of a company
Man, I just can't believe what I hear about these guys getting worse and worse each day b
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post #10 of 16 (permalink) Old 01-15-2013, 03:02 PM
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Originally Posted by Splinterpicker View Post
I was just called by a friend I got into t he business. He received the roll out of the 2 dollar per invoice service fee from FAS . And now it sounds as though they are making it mandatory that you enroll in their E&O master policy. This is to cover their ass NOT YOURS. I just renewed my E&O and saw where it (e&O) covers the policy holder NOT the comapanies named as additional insured. GL on the otherhand is still covering the additional insured. Just beware. I am soooo glad I dont work for these Azzholes anymore !! I can see a national walkout comming on with their vendors. Best of luck to the rest of you involved with this ponzi scheme of a company
How about a walkout for the entire industry.....

Aladay LLC
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New Business Consultant
Custom Glass&Wood
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