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Founder Resignation and Company History

Jun 8, 2025

Summary

  • This meeting provided a detailed personal statement from the founder of T-Rex Arms, explaining the circumstances and rationale behind his resignation on May 28, 2025.
  • Key discussion points included the history of the company, ownership changes, internal disagreements, a recent incident involving employee misconduct, and the decision to resign for personal and ethical reasons.
  • The session also clarified intentions for future projects and addressed misunderstandings and speculation in the public sphere.
  • The founder and his wife expressed their desire to move on, hope for future reconciliation with family, and intent to start new ventures.

Action Items

  • No specific actionable follow-up items or owners were identified in the transcript.

Background and History of T-Rex Arms

  • The founder started T-Rex Arms in 2013 with personal funds and owned 100% of the company initially.
  • Over the years, ownership was diluted by bringing in his brother and a family friend, leading to loss of majority control due to lack of understanding of shareholder structures.
  • Additional ownership was given to another sibling, further reducing the founder's control.

Relationship Dynamics and Business Disagreements

  • The founder faced significant personal and professional challenges, especially after marrying his wife, who was not welcomed by his family or the company leadership.
  • His wife advocated for him during internal business disagreements and attempted to join the company in a professional capacity, but her application was ignored despite another owner's spouse being employed by T-Rex Arms.
  • Several incidents underscored inequality and strained relationships within the ownership group.

Attempted Buyout and Resignation Process

  • Early 2025: The founder proposed a buyout for clarity and alignment within the company, presenting a letter of intent to purchase the company from other owners, which was declined.
  • His increased offers were also rejected; an alternative buyout offer was received but not accepted by him.
  • During this period, a major incident involving the founder's wife receiving inappropriate content from an employee (who was also an executive’s son) was reported, but the company’s response was deemed inadequate.
  • The founder sought advice from a pastor with entrepreneurial background, who recommended resignation to restore clarity and integrity.
  • The founder ultimately resigned and began the process of equity sale, severing formal company ties.

Values, Integrity, and Future Plans

  • The founder cited the company's failure to live out stated values and persistent disrespect towards his wife as major reasons for his resignation.
  • He reflected on the challenge of publicly representing the company while disagreeing with its internal practices.
  • Both he and his wife have forgiven those involved and hope for eventual family reconciliation, though they acknowledge it cannot happen immediately.
  • The founder intends to move forward and is planning to start new businesses, aiming to share his journey and lessons learned with his audience.

Decisions

  • Founder Resigned from T-Rex Arms — The decision was based on upholding personal and family integrity, unresolved internal conflicts, and an organizational misalignment with stated values.
  • Forgiveness Extended to All Parties — Forgiveness was granted to those involved in recent conflicts, as part of the process of moving forward.

Open Questions / Follow-Ups

  • Unclear if or when reconciliation with family/business partners will take place.
  • Pending public response or further clarification from T-Rex Arms ownership regarding the events described.