Digging Deeper: Rock Gone Wild Unfolds (Part 6)

Rob Rogers has provided Bring Back Glam! with documents that prove he was was bought-out of his stake in Rock Gone Wild. Festival manager Nathalie Faghihi and her husband, Bruce Rage, purchased Mr. Rogers 33.3% stake in the company for one dollar. Click to view the documents:

Part 1
Part 2
Part 3
Part 4
Part 5

Attorney Austin Kennedy of Brick Gentry P.C. in Des Moines, Iowa drafted the agreement. He also created the original LLC document.

Rogers tells Bring Back Glam! he took the buy out to be“...free and clear of the mess they [RGW promoters] had created of what they were doing. It was a mess because Nathalie didn’t have the money she originally said she had to do the show when it started months and months earlier."

Rock Gone Wild attorney Ted Sporer plans to file suit against Diamond Jo casino for fraud in the coming days. 

Story developing...

Missed a part of this large story? Part 1, Part 2, Part 3, Part 4, Part 5

Comments

[Irv]

I think this buyout could swing two ways.

1.) Rogers, Faghihi, and Rage could have been on good terms at that point in time. Rogers may have done things not entirely legal and the buyout was a way to cover his tracks. Of course, this would only be possible if all 3 were on good terms.

2.) Rogers saw things happening inside RGW that caused him to become alarmed. He wanted out to save himself. He wanted out so bad that he took a $1.00 buyout to completely break all ties with RGW. It must have been really bad to want out that desperately.

IDK... I am just speculating.
(That's my disclaimer)

[Hmmm]

Maybe the reason Mr Rogers left the company is because relationships end. And any lawyer will tell you that to close out a buyout there must be a monitary exchange. The company had no value so how could Mr Rogers have sold it for profit. Another thing to keep in mind is no major headline talent had been booked while Mr Rogers was involved. Now some bands were turned into headliners after he had left. The point is why is he even the topic of discussion?

[Poppet]

"It was a mess because Nathalie didn’t have the money she originally said she had to do the show when it started months and months earlier"

She said she sold 50 Platinum tickets to her friends..($28,250) prior to Rob getting involved.. and distinctly remember reading that she "mortgaged her house and put her life savings into this event"..
But there was still no money...

Has 'Nat' told the truth about ANYTHING in regards to this crapshoot?

I keep reading stuff on different sites defending her..
ANYONE who believes her shit.. please contact me.. I have a garage full of valuable items you will be interested in.. a couple of cars to sell you.. and a few time shares in the everglades available.. not to mention a nice bridge in San Francisco....

[kari]

here we go again....RGW didn't have the money to pull this off. Well, No S**T! All this extra drama, when the real issue was THEY DIDN'T HAVE THE MONEY TO PULL THIS OFF! It's really too bad they (RGW) have no class and can't own up to it.