I just wanted to post a few facts that can be corroborated by 20 mins and google.
Some facts not Munar fiction:
Mike Munar started D1 Grand Prix in the US with investor David Lane
who is a long time real estate man from Beverly Hills California. He
also Owns all or part of XDC. David Lane is now facing bankruptcy and
being forced to sell his Beverly Hills Estate which is heading to
foreclosure. After years of investing with Mike Munar and helping Mike
acquire HIN which Mike owns 100% he has now been bled dry and forced
to stop funding XDC/HIN. Mike Munar is now working with a new investor
known only as "Walter". Mike has begun to take HIN global and his
recent show in the Philippines shows his new investor has deep
pockets. "Walter" is i'm sure being kept out of the loop of the past
failures and bad business that Mike Munar has brought to everything he
touches.These are the facts so feel free to google, yahoo or whatever
and confirm it for yourself I spent 20 mins and got all this. If your
a Drifter, Car show guy or
girl or potential investor (i'm sorry)You should know who your dealing
with. Don't wind up like David Lane, sitting in his Beverly Hills home
in his 80's broke
and near foreclosure.
Articles on subject.
http://www.examiner.com/article/dri...rvive-the-2012-season-an-investigative-report
http://www.drifting.com/forums/gene...xdc-not-paying-drivers-article-attatched.html
http://www.wreckedmagazine.com/blog...-has-laundry-list-of-unpaid-driversemployees/
Facts of ownership:
Check address in rulebook and info from California state corporate
site and see that all address of XDC
and HIN are the same as well as Mike Munars control.
http://www.xtremedriftcircuit.com/wp-content/uploads/2010/11/XDC-Rulebook-2011.0.pdf
Entity Name: XDC EVENTS, INC.
Entity Number: C3235972
Date Filed: 10/16/2009
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 904 BENEDICT CANYON
Entity City, State, Zip: BEVERLY HILLS CA 90210
Agent for Service of Process: MICHAEL MUNAR
Agent Address: 4060 CAMPUS DR #110
Agent City, State, Zip: NEWPORT BEACH CA 92660
Entity Name: HIN HOLDINGS, INC.
Entity Number: C3445463
Date Filed: 01/18/2012
Status: ACTIVE
Jurisdiction: DELAWARE
Entity Address: 12821 NEWPORT AVE
Entity City, State, Zip: TUSTIN CA 92780
Agent for Service of Process: MICHAEL MUNAR
Agent Address: 12821 NEWPORT AVE
Agent City, State, Zip: TUSTIN CA 92780
Entity Name: HIN EVENTS LLC
Entity Number: 201201810225
Date Filed: 01/17/2012
Status: ACTIVE
Jurisdiction: CALIFORNIA
Entity Address: 12821 NEWPORT AVENUE
Entity City, State, Zip: TUSTIN CA 92780
Agent for Service of Process: MICAHEL MUNAR
Agent Address: 12821 NEWPORT AVENUE
Agent City, State, Zip: TUSTIN CA 92780
More xdc lawsuits:
https://www.dupagecase.com/Clerk/caseNumberSearch.do
Do a case search by organization for xdc events
case number 2012SR000516
MIke Munar:
Scam report on Mike Munar and XDC Invester/Owner David Lane
http://www.ripoffreport.com/directory/david-lane-michael-munar-lux5.aspx
Mike Munar . com with links to failed companies
http://michaelmunar.com/
David Lane:
http://la.curbed.com/tags/david-lane
http://losangeles.blockshopper.com/property/4345003002/904_benedict_canyon/
This info is all over the drifting world and many of the drivers are still out thousands. We should all join up as drifters and stand buy the guys that we support. The guys that started where we are now and won a series.