Jim - here's a link from google to an archive of all of their posts since they've opened
http://www.sponsorchat.com/archive/index.php/
I also have a very hard time believing anyone that has that many offices and "standing" doesn't even spell business correctly or use proper grammer.
I doubt seriously that anyone around here is old enough to be my father - but then I guess it is possible we have an 80 year old getting into this business.
I also have to believe that part of the problem with this whole sponsorchat thing, is that an unknowing (I'm assuming that everything this guy says is correct) person with some capital decided to take on something back in September since that's the earliest record I can find on file anywhere including forming his company, and then a month later decides he wants a chat board business model (in October), buys a domain around the beginning of Oct., and gets the software installed. Then he uses a model that can be used by established boards, by paying per post.
This attracts a slew of people from some mainstream pay to post boards (which I notice a bunch of the posters and mods came from - nothing to do with adult) and they start taking him for the ride of his life
I'm almost starting to believe this guy has been scammed and doesn't even realize it - and adding some other people into the mix as partners makes it even worse.
Based on every post I have ever read, I would say his business sense is on a very elementary level, but just has a huge stack of cash and figures he can make it with that. I would say that once all of the mods he has and the poster/referrals from the mainstream boards see the downward trend (which with his removal of the pay posts has already started) they will be scurrying like rats to get out.