- 4 - Petitioner wife attended a seminar with about 30 people held at ITC around August 1983. Petitioner attended a seminar at ITC a couple of weeks later which was attended by 10 or 15 people. Petitioners later met one-on-one with Dollar and received Century promotional materials. Petitioners believed that Century's promotional materials looked very professional, that Dollar made credible presentations, and that Century was founded by well- known people with appropriate expertise. Petitioners did not investigate Century's founders. The Century program was marketed as a "tax advantaged equipment lease". Petitioner wife saw Century accounting software demonstrated at Dollar's office. Petitioner was out of town at that time and did not see it demonstrated. Petitioners did not have their own copy of the software. Petitioners believed there was a good marketing plan for the accounting software. Petitioners saw literature from Century that stated, and they believed, that home use of computers and software would grow tremendously in the coming years. Petitioner's accounting program was in a cassette format. Petitioner believed that a cassette format was suitable for home and small business use, but that it would not be adequate for a business the size of SDSI, which used a hard disk format. On November 2, 1983, petitioners leased an interest in accounting software entitled "Accounting Control System; AccountsPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011