Who owns PSI Tuning?

[DevilOnWheelz]

I really want to know this...

I always thought Michael owns it, but it appears that someone else is the owner of PSiblewup Tuning

[Andre]

.. I always thought it was Michael too..


edit:

Just saw what sparked this thread:

http://strategis.ic.gc.ca/cgi-bin/sc_mrksv/corpdir/dataOnline/corpns_re?company_select=6406831



F5 reload!!!one!!!111!

Is that the father of kikines child?

[whario]

http://content.ytmnd.com/content/f/3/6/f369955215aec79b8a9ccfe256170067.jpg

[Andre]

I'm not sure if it necessarily means Hackbone doesn't own it.. But it would be interesting to know either way..
A business like that would have massive up-front costs, I wouldn't imagine one person could finance that..

[DevilOnWheelz]

I'm not sure if it necessarily means Hackbone doesn't own it.. But it would be interesting to know either way..
A business like that would have massive up-front costs, I wouldn't imagine one person could finance that..

And I could imagine one person needs a mechanics license to operate a garage.

[mtb_guy]

I could ask the registered "owner". He lives on the street next to mine.

:creepy:


.. I always thought it was Michael too..


edit:

Just saw what sparked this thread:

http://strategis.ic.gc.ca/cgi-bin/sc_mrksv/corpdir/dataOnline/corpns_re?company_select=6406831



F5 reload!!!one!!!111!

[NemeSSis]

im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

[97gst]

And I could imagine one person needs a mechanics license to operate a garage.

Unrelated to this silly thread, but actually AFAIK you do not need a mechanics license to operate a garage in Quebec. Only valid insurance coverage.

Scary, isn't it?

[DevilOnWheelz]

im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

[NemeSSis]

im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

No no, waht i was getting at manny is why done you jsut ask him, instaed of posting it. who cares if its his dad or his brother etc etc. If im not mistaken its in bills name cuz the company is an offshott branch of their already existing company.

[DevilOnWheelz]

im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

No no, waht i was getting at manny is why done you jsut ask him, instaed of posting it. who cares if its his dad or his brother etc etc. If im not mistaken its in bills name cuz the company is an offshott branch of their already existing company.

Because when the time comes, he says he owns the business, but at other times, he just hides behind the veil and says he is an employee of that business, and the owners are some other people.

[NemeSSis]

im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

No no, waht i was getting at manny is why done you jsut ask him, instaed of posting it. who cares if its his dad or his brother etc etc. If im not mistaken its in bills name cuz the company is an offshott branch of their already existing company.

Because when the time comes, he says he owns the business, but at other times, he just hides behind the veil and says he is an employee of that business, and the owners are some other people.

And how does that concern you?

ill tell you this as someone who helped him build that business and worked for him for over a year.Michael may at times not seem like the worlds greatest business man but hes learning and in that business its a steep learning curve...and having said that he WILL never ever go out of his way to purposely screw anyone,he respects the karma

[deebz]

Mario go sit in a lawn chair accross the street from it haha

[DevilOnWheelz]

im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

No no, waht i was getting at manny is why done you jsut ask him, instaed of posting it. who cares if its his dad or his brother etc etc. If im not mistaken its in bills name cuz the company is an offshott branch of their already existing company.

Because when the time comes, he says he owns the business, but at other times, he just hides behind the veil and says he is an employee of that business, and the owners are some other people.

And how does that concern you?

ill tell you this as someone who helped him build that business and worked for him for over a year.Michael may at times not seem like the worlds greatest business man but hes learning and in that business its a steep learning curve...and having said that he WILL never ever go out of his way to purposely screw anyone,he respects the karma

I didn't acuse anyone here did I? Why are you getting so defensive about him?

I am a local car enthusiast, and all I hear everyday is "support your local shop" while quite a few of the local shops we are always reminded to deal with are just asshats who are just in this business to make money (obviously I am not saying sell stuff below cost or at cost) and not help out the local aumotive community.

I for my own purposes want to know, since I always thought Michael owned PSI Tuning. So if I do ever happen to refer somebody there, I dont' give them misleading information that Michael is the owner or not.

[kingpin]

hurr. .. i always thought it was mike.


ya never knowwwwwwwww

nobody ever really bitches about Tapp.

thats where I go.

problem solved.

[boostd4drteg]

That statement kind of sucks for us manny because the only shops people push you guys to support are Extreme, No-limits and psi.....










[quote="NemeSSis":2kd9eeru]im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

No no, waht i was getting at manny is why done you jsut ask him, instaed of posting it. who cares if its his dad or his brother etc etc. If im not mistaken its in bills name cuz the company is an offshott branch of their already existing company.

Because when the time comes, he says he owns the business, but at other times, he just hides behind the veil and says he is an employee of that business, and the owners are some other people.

And how does that concern you?

ill tell you this as someone who helped him build that business and worked for him for over a year.Michael may at times not seem like the worlds greatest business man but hes learning and in that business its a steep learning curve...and having said that he WILL never ever go out of his way to purposely screw anyone,he respects the karma

I didn't acuse anyone here did I? Why are you getting so defensive about him?

I am a local car enthusiast, and all I hear everyday is "support your local shop" while quite a few of the local shops we are always reminded to deal with are just asshats who are just in this business to make money (obviously I am not saying sell stuff below cost or at cost) and not help out the local aumotive community.

I for my own purposes want to know, since I always thought Michael owned PSI Tuning. So if I do ever happen to refer somebody there, I dont' give them misleading information that Michael is the owner or not.[/quote:2kd9eeru]

[whario]

the shop is only as good as it's employee's

like think about it, not many ppl have problems with Todd at Extream
not many have a problem with Mike at No limits

The Employees build the reputation of the shop and that's the way it is.
you hire a hack, you'll shop will be known for it !

It's comon sense.

[boostd4drteg]

Nobody bitches about tapp becaus a long time ago (after quite a few motors blew up ) he refused to work on the "budget cars" the home made turbo set-ups IE: most of the cars on redliners.... so for a year or two that left no options. Now you have micheal doing the tunes for cars (some of which I did: "home made getto fabulous") 90% of the cars have USED parts that have been collected from ten different RL. The customers are on a tight budget and sometime cut corners. Of course in a perfect world we would have you guys show up with all new parts and pay whatever the amount was for the time we invest into your car but this is Ottawa....




nobody ever really bitches about Tapp.

thats where I go.

problem solved.

[AWDGuy]

Guess I'm a minority. Everytime I called around for work for the focus, shops gave me a hard time (including ones that were posted here as having no problems), or just wouldnt touch a cutom setup.

Michael always had time for me, and was always helpful. The 3 times I went and saw Michael at the shop, I paid up front, and he did all the work right there in front of me. Top notch work to, he did some work fixing my DP, my oil plan and performed some Air/Fuel verification of my mail order tune.

I would go back to Michael in a heart beat, as I have nothing bad to say about him, hes never given me anything bad to say about him. Call this post sackriding or whatever, but the fact is he helped me out when a lot of other shops didnt care.

[whario]

maybe tapps tuning abilities are good, but i've been hearing more and more shit tunes come out of his shop lately, Not sure if he's not into it anymore or if he has a prefered clientel. But from word of mouth lately, things aren't looking very positive.

[DevilOnWheelz]

I didn't specify any particular name. Could be one of those shops that I am talking about, could not be one of those shops.

I've spent a huge amount of money in to all car stuff this year, and almost not even a has gone to a local performance shops. Why? Because of bad customer service and really bad prices, never have anything in stock.

It is a business in the end, if you are not competitive in the market, you will lose. Just because someone has a shop in Ottawa, doesn't mean I am going to pay 60% mark up and make them rich, pay off their mortgage and their cars.

I am sure you don't go do all your groceries on your neighrbourhood convenience store for the sake of supporting a local (to your neighbourhood) business. I am pretty sure you either go to Loblaw, Loeb, Walmart etc...

The other thing is, lack of experience. Yes a store/performance shop might be open for 20-30 years, but just selling stuff just to make a sale and misrepresenting the product is just plain wrong. I'd understand if a shop says "oh I have this, but I donno about the quality" and maybe give you a better price to let you try out their product to get feedback for other customers. I've had horibble experiences with couple of local business. This is why I am so against the quote "support your local shop". I am no car god, but even I laugh at some of the stuff these shops have to say about cars and the products they are selling.

So excuse me, if I am not supporting my local shops and if I always turn out to be bitter about that quote.



That statement kind of sucks for us manny because the only shops people push you guys to support are Extreme, No-limits and psi.....





[quote="DevilOnWheelz":m0kpxenj][quote="NemeSSis":m0kpxenj]im 99% sure Bill is Michaels former business partner with his previous venture and now does all his books at PSI. If this is incorrect im sure he will correct it

arent we nosey

This is all public information. If it wasnt' public it wouldn't be posted on that website link given above.

No no, waht i was getting at manny is why done you jsut ask him, instaed of posting it. who cares if its his dad or his brother etc etc. If im not mistaken its in bills name cuz the company is an offshott branch of their already existing company.

Because when the time comes, he says he owns the business, but at other times, he just hides behind the veil and says he is an employee of that business, and the owners are some other people.

And how does that concern you?

ill tell you this as someone who helped him build that business and worked for him for over a year.Michael may at times not seem like the worlds greatest business man but hes learning and in that business its a steep learning curve...and having said that he WILL never ever go out of his way to purposely screw anyone,he respects the karma

I didn't acuse anyone here did I? Why are you getting so defensive about him?

I am a local car enthusiast, and all I hear everyday is "support your local shop" while quite a few of the local shops we are always reminded to deal with are just asshats who are just in this business to make money (obviously I am not saying sell stuff below cost or at cost) and not help out the local aumotive community.

I for my own purposes want to know, since I always thought Michael owned PSI Tuning. So if I do ever happen to refer somebody there, I dont' give them misleading information that Michael is the owner or not.[/quote:m0kpxenj][/quote:m0kpxenj]

[whario]

who' pissed in your cornflakes ?

[AWDGuy]

The other thing is, lack of experience. Yes a store/performance shop might be open for 20-30 years, but just selling stuff just to make a sale and misrepresenting the product is just plain wrong. I'd understand if a shop says "oh I have this, but I donno about the quality" and maybe give you a better price to let you try out their product to get feedback for other customers. I've had horibble experiences with couple of local business. This is why I am so against the quote "support your local shop". I am no car god, but even I laugh at some of the stuff these shops have to say about cars and the products they are selling.



Couldnt agree with you more and Im one of those guys that learned the hard way. When a guy tells you he's tuned for nascar, tunes porsches and 'some of the most powerful mustangs in the country' take it with a grain of salt. :roll:

As soon as the car went on the rollers I could tell this guy wasnt a pro. Car was detonating on the rollers, and i could remember a guy beside me getting his car tuned by another guy saying 'wtf is that noise?'..."Detonation, hope he knows wtf hes doing, cuz thats bad and Im no fawkin computer tuner"

Next day calls me to tell me the motor is done. :evil:

You want it done right? Research, learn, research some more and do it yourself!

EDIT: Above rant has nothing to do with PSI. ;)

[Andre]

I'll be honest, from what I've heard about PSI if I ever had a need for there services I wouldn't hesitate to contact them. I think this whole turbo situation is hurting Whario's reputation more than Hackish's. That's from an unbiased POV. Goodluck to both of you, and I hope it doens't get messy.

PS. When I had my Talon I was always thrilled with the work Tapp did on my car. To this day I still reccomend them.

[boostd4drteg]

I understand your point manny but we as shops in ottawa must purchase from other bigger markets like: toronto and motreal I cannot support in this area having a 5K buy in with a parts company directly Ie: apex-i, neuspeed, k&n... I have to buy from other companies so I pay sometimes more then you can get it for from other provinces or states/ internet. When we were selling kicker you could buy some subs and amps for $100+ less then I paid for them. When it comes to performance parts the only thing we can offer for the higher price is we will go to bat for you if something goes wrong. todd.

[DevilOnWheelz]

I understand your point manny but we as shops in ottawa must purchase from other bigger markets like: toronto and motreal I cannot support in this area having a 5K buy in with a parts company directly Ie: apex-i, neuspeed, k&n... I have to buy from other companies so I pay sometimes more then you can get it for from other provinces or states/ internet. When we were selling kicker you could buy some subs and amps for $100+ less then I paid for them. When it comes to performance parts the only thing we can offer for the higher price is we will go to bat for you if something goes wrong. todd.

Ottawa seems to be stuck to JRP and Keystone.

[RNUOVR]

From someone that has bought & sold parts online since 1996 I can say that there are & always be stuff that's cheaper out of the US & no matter what local suppliers do they can't compete with the lower prices..but that's it it's jsut lower prices..You can't beat local for personal service.
I've seen my buddies pricing sheets (for his cost prices, his supplier was Karbelt) and compared the to Summit & other major online stores (I used to use ebay, but that's a joke now). In some cases the price that Summit was selling a part for was way below what my buddy would pay cost on it.
Autometer & B&M parts used to be a really good example of what was stupid cheep to buy out of the US over Canada.
I now support local shops a lot more now, you go in, speak to someone that knows what they are talking about & can get you what you want (usually for hte nest day) and if there is an issue you can physcially go to the shop & explain the issue and have is easily sent back..now try doing that with a part that you got fro ma store baised in California for example. I'm tired of the BS of ordering online, having to run down to New York State to pick the parts up & then get home to find out that it's the wrong part & doesn't fit. Especially with racing a stock car, you normally have 2 days to have the part in your hand (after breaking it) and need the car back together 4 days later, you don't have the time to wait for parts.
The thing is in the performance industry shit happens, you beat on your car it's gonna blow up eventually. There will always be this 1 idiot that beats the shit out of his stuff, doesn't respect it & blows it up and then cries that the shop fucked it up...I've seen many a $40000 modified motor blow up, the racer doesn't cry, cuz that's racing & it's gonna happen you don't see them slamming the shop that built it, they take it back the motor is pulled appart and it's fixed (at the racers expense) and they go back at it.
Before bitching & complaining about shops (their pricing & work..especially if you don't have 1st hand info about the issue and know ALL THE FACTS), people should put them selves in the owner/employees shoes and think about how you would like it if you had people bitching & crying about you without knowing the whole story or facts. It also being a Customer Service thing also, it's impossible no matter how good you are there will always be 1 person that you can't satisfy (funny enough, this usually tends to be the person that has had issues in the past with getting work done at other shops)...Then others complain that they can't find someone to do a certian anymore..For a lot it's just not worth the bullshit to do the job for fear for all the shit that you'll take if there are ANY issues in the near or diastant future with that job.

[DevilOnWheelz]

You can't beat local for personal service.

Yes you can. Just because you aren't talking face to face doesn't mean bad customer service.

[RNUOVR]

You can't beat local for personal service.

Yes you can. Just because you aren't talking face to face doesn't mean bad customer service.

But now most of the stores (especially the larger ones) are outscourcing & using call centres, so unless you're dealing with more of a smaller speciality shop then chances are you're getting a call centre & the only info the have is what's on the computer screen.
Plus the places that I deal with locally are very educated & make it smooth & painless for me to get what I need..to me that's worth more than having to wait 2 plus weeks for a part to save a little money

A corporation is allowed to sell a certain number of shares in order to raise capital. If this occurs then a person may end up owning a percentage of the company while the remainder is owned by the respective shareholders.

To say the most I want to about PSI yes I still own a controlling interest.

-Michael

[NemeSSis]

A corporation is allowed to sell a certain number of shares in order to raise capital. If this occurs then a person may end up owning a percentage of the company while the remainder is owned by the respective shareholders.

To say the most I want to about PSI yes I still own a controlling interest.

-Michael

And there you go, straight from the horses mouth.

hope this satisfies whatever it is you were trying to get at manny.

[DevilOnWheelz]

A corporation is allowed to sell a certain number of shares in order to raise capital. If this occurs then a person may end up owning a percentage of the company while the remainder is owned by the respective shareholders.

To say the most I want to about PSI yes I still own a controlling interest.

-Michael

So I am guessing you are a minotry shareholder with the controlling interest?

[boostedd15b]

maybe theres 6 investors/shareholders that own 15% each and michael owns the other 25%

whatever it is it doesnt relly matter because hes there every day running the show.

most shops only make 20% profit on parts due to undercutting.

so i ask you this... how much do you think they actually make at the end of the month

most owners of shops i know take home 2-3 grand /mth if they are lucky and they usually kill themselves doing it.

yes everything is cheaper from the states.
it usually works out to be cost from keystone.

shop owners have to make something or else wtf is the point

owning and running a legitimate business has alot of hidden costs.
the overhead gets a little scary sometimes.

rent, insurance, employees, heat,hydro, phone, advertisements, inventory,office supplies/shop supplies,source deductions for employees, taxes, repair/replace/uphgrade shop equipment, damage or loss of property or to customers cars/stuff.

the list goes on and on.

i have worked in perfomance shop and garages for over 12 years and havent seen the owners become millionaires from it.
most do it because its what they know and love.
there are a few eceptions ofcoarse.

anyways im tired

[BrettR]

maybe theres 6 investors/shareholders that own 15% each and michael owns the other 25%

whatever it is it doesnt relly matter because hes there every day running the show.

most shops only make 20% profit on parts due to undercutting.

so i ask you this... how much do you think they actually make at the end of the month

most owners of shops i know take home 2-3 grand /mth if they are lucky and they usually kill themselves doing it.

yes everything is cheaper from the states.
it usually works out to be cost from keystone.

shop owners have to make something or else wtf is the point

owning and running a legitimate business has alot of hidden costs.
the overhead gets a little scary sometimes.

rent, insurance, employees, heat,hydro, phone, advertisements, inventory,office supplies/shop supplies,source deductions for employees, taxes, repair/replace/uphgrade shop equipment, damage or loss of property or to customers cars/stuff.

the list goes on and on.

i have worked in perfomance shop and garages for over 12 years and havent seen the owners become millionaires from it.
most do it because its what they know and love.
there are a few eceptions ofcoarse.

anyways im tired

Well put man, well put.

Most of the people working the performance sector aren't in it for the money, especially around here, because let's face it, there really isn't any. The market is just too small. We do it because it's what we enjoy, but every shop has to keep the lights on.

[Domo]

hope this satisfies whatever it is you were trying to get at manny.

Honestly.. whatever it is, can you just make your point and hurry up about it? Like I'm sure many others here... I'm sick of reading between the lines.

[whario]

the move your ass to another tread