Gene Steinberg's Financial Shenanigans @ Paracast forums

[pigfarmer]

the Paracast and it's forum is a big profit opportunity

Could have been but I can only assume that since the format is virtually unchanged it was kept that way because the owner, Gene, wanted it that way.

There are podcasts that eventually become profitable enough to employ their hosts. Naturally to do so those shows attract advertising that we must suffer but with a fraction of the frequency, duration and weird content that GCN adverts employ. They certainly don't double the length of the podcast. Comments about donations, Patreon and additional material for paid subscriptions are all part of it yet never rise to the level of daily begging emails and personal disclosure. Supporting free podcasts you like is part of the game. If this thing is finally fizzling out he isn't a victim of anything other than his own business acumen and ability to produce content.

As for Randall, my brief and few interactions with him have been polite. Speaking purely as a former listener I can point to an interview with Allen Greenfield that I was actually enjoying. Randall took exception to a statement regarding statistics and took it too far - and annoyed the guest, myself and probably other listeners in the process. So, intended as the constructive criticism he seeks I'd say buff up the interview skills. Hell, I'd be nervous stepping up to the plate to do that but might at least know when to let up a bit. I can't remember just which episode but he took exception to cranky DE about some point and I actually liked listening to that. Properly applied his approach might work. But from what I see in the forums it isn't in his nature to let go of anything no matter how minor for the sake of supposed intellectual honesty, debate or some other excuse. Some people just have to be right and let you know they're a step ahead of you.

 

[nivek]

JediJoe on Twitter

...

 

[GhostofBiedny]

If Gene does respond to this with a price (rather than just deletion or anger) you can bet it will be something utterly insane like $1 million dollars. Should be worth a laugh though. BTW in my opinion given the effect of Gene's shenanigans the Paracast brand has no value at all, indeed the value is likely negative now as anyone who takes it over will be spending all their time and resources trying to clean up it's heavily tarnished image. It would be far easier to just start a new show from scratch.

 

[David Biedny]

If Gene does respond to this with a price (rather than just deletion or anger) you can bet it will be something utterly insane like $1 million dollars. Should be worth a laugh though. BTW in my opinion given the effect of Gene's shenanigans the Paracast brand has no value at all, indeed the value is likely negative now as anyone who takes it over will be spending all their time and resources trying to clean up it's heavily tarnished image. It would be far easier to just start a new show from scratch.

View attachment 5451

There's nothing to sell, Gene has plowed the show into the ground. There is zero value to be found in the mess currently known as the Paracast. And that's not surprising, as it was never meant to be a commercial entity - that sad turn is entirely due to Steinberg using it as a cash vehicle and little more.

And as far as his claims about me, he's as honest as usual, as in not at all. He would literally piss himself in my presence were we to run into each other in person, one thing I can say about Steinberg is that he has no spine, he's a worm. At one point it was only me sounding the alarms, but his insanity and sleaziness are his own worst enemies, and everyone has figured out who and what he really is. Lowlife.

 

[goblin]

If Gene does respond to this with a price (rather than just deletion or anger) you can bet it will be something utterly insane like $1 million dollars. Should be worth a laugh though. BTW in my opinion given the effect of Gene's shenanigans the Paracast brand has no value at all, indeed the value is likely negative now as anyone who takes it over will be spending all their time and resources trying to clean up it's heavily tarnished image. It would be far easier to just start a new show from scratch.

View attachment 5451

Based on his 2016 bankruptcy filing it was arguably worth about $700 a month to him, right? I may be misremembering.

Without an audience to wheedle cash out of, Gene might have to live within his means. The Paracast is worth a good deal to him I'm sure. That said, Gene seems functionally innumerate so his valuation can't be expected to have any relationship with reality.

 

[GhostofBiedny]

Based on his 2016 bankruptcy filing it was arguably worth about $700 a month to him, right? I may be misremembering.

Without an audience to wheedle cash out of, Gene might have to live within his means. The Paracast is worth a good deal to him I'm sure.

Right but I can't imagine it brings that much in now. A lot of people either cancelled their subscriptions or Gene basically banned them so they couldn't renew them even if they were stupid enough to want to. The only reason I still have a subs is because I was stupid enough to buy a lifetime one because I wanted to help Gene out (more fool me). I can't imagine there are any real advertisers on there now either - Gene's prices were insane especially given the garbage GCN adverts you would end up getting put in with. I suspect the Paracast brings in next to nothing now. Won't stop Gene placing an unrealistic value on it though. I suspect he still has his hopes pinned on it making him as rich as his illustrious brother.

 

[nivek]

Well the title of that thread he started is a bit off in my opinion, the "paracast brand" he used, the brand is about worthless now, Gene has utterly destroyed 'the brand' in my opinion, its image will not recover, however there is one thing of value and I would purchase it and that is the forum database...Years of excellent posts by many of you who are here now, but also a great deal of information, knowledge, points of view and so forth, I would purchase that at a reasonable fair price and keep it active for everyone to access and as a part of this forum, but I would have to have absolute proof it was not copied by Gene or anyone else...

I read a lot of nostalgia in Guestron's words and I understand that completely, there were two forums I was involved with mainly in my past, one of them in the late 90s and the other almost 20 years ago, both forums died out...I really liked those times and love many of those people who were once there who became friends, some I still talk to now and some are here now on this forum with us, which is awesome, I do understand that...

...

 

[GhostofBiedny]

Well the title of that thread he started is a bit off in my opinion, the "paracast brand" he used, the brand is about worthless now, Gene has utterly destroyed 'the brand' in my opinion, its image will not recover, however there is one thing of value and I would purchase it and that is the forum database...Years of excellent posts by many of you who are here now, but also a great deal of information, knowledge, points of view and so forth, I would purchase that at a reasonable fair price and keep it active for everyone to access and as a part of this forum, but I would have to have absolute proof it was not copied by Gene or anyone else...

I read a lot of nostalgia in Guestron's words and I understand that completely, there were two forums I was involved with mainly in my past, one of them in the late 90s and the other almost 20 years ago, both forums died out...I really liked those times and love many of those people who were once there who became friends, some I still talk to now and some are here now on this forum with us, which is awesome, I do understand that...

...

Yes a lot of good discussions. So sad that Gene's behaviour has tainted it all.

 

[The shadow]

we are witnessing the final self destruction of the paracast fourms.

 

[Standingstones]

The Paracast would have to be totally scrubbed down if someone were to actually buy it. The first order of business would be to make sure Steinberg and Murphy had no part of the show. As Nivek stated, the database has worth but the new owner would need to make sure there are no copies.

I don’t see how you could get rid of the stench of Steinberg and Murphy but good luck to anyone trying to buy it. You have to believe Steinberg would attach some ridiculous price to the sale of the website.

 

[Standingstones]

Member Guestron is offering “$200” for the Paracast brand. That is one way to rub Steinberg’s nose into the cow pie!

 

[nivek]

Member Guestron is offering “$200” for the Paracast brand. That is one way to rub Steinberg’s nose into the cow pie!

And now that thread is gone...

...

 

[The shadow]

I expect
David Vincent
Ron Away
and
Guest Ron
to be banned
unless Gene has done so already

 

[erickson]

Based on his 2016 bankruptcy filing it was arguably worth about $700 a month to him, right? I may be misremembering.

Whatever the figure (which varied by month) - it's hard to say what Gene meant by that. As far as I know, the court did not audit him to breakdown the figures. The all inclusive term "Paracast LLC" would undoubtedly include the Tech Night Owl, which at one time might have been a better source of income than the Paracast end of things. It potentially could include any revenue Gene received from begging to the Paracast mailing list.

Without the Paracast Gene would have no sense of purpose to drive the solicitations, so it's hard to see Gene letting that one go. The Paracast list is probably a better source for him than begging from the Night Owl folks.

As an aside, does Gene actually have the "Paracast LLC" registered some place on or off-shore? Or is it part of the underlying scam that Randall denies - just to give him an aura of legitimacy? The address he used in the bankruptcy petition apparently belongs to David Childress, which I found interesting but was never sure what to make of it.

 

[goblin]

Whatever the figure (which varied by month) - it's hard to say what Gene meant by that. As far as I know, the court did not audit him to breakdown the figures. The all inclusive term "Paracast LLC" would undoubtedly include the Tech Night Owl, which at one time might have been a better source of income than the Paracast end of things. It potentially could include any revenue Gene received from begging to the Paracast mailing list.

Without the Paracast Gene would have no sense of purpose to drive the solicitations, so it's hard to see Gene letting that one go. The Paracast list is probably a better source for him than begging from the Night Owl folks.

As an aside, does Gene actually have the "Paracast LLC" registered some place on or off-shore? Or is it part of the underlying scam that Randall denies - just to give him an aura of legitimacy? The address he used in the bankruptcy petition apparently belongs to David Childress, which I found interesting but was never sure what to make of it.

Yeah...

I am convinced the Paracast exists at this point to support the begging, rather than the begging to support the podcast.

 

[erickson]

Yeah...

I am convinced the Paracast exists at this point to support the begging, rather than the begging to support the podcast.

I can't imagine that either are profitable. But both are tied to Gene's ego or self-identity in ways I can't understand without much more information.

In some way, Gene clings to the Paracast in the same way that he clings to the old outdated self-picture that he uses. He does not want to make age-appropriate decisions because he is something else - the host of the Paracast. He does not have to register an LLC in Arizona because identifying himself as an LLC is enough. That in turns allows him to beg and to cling to the hope that Anders will come to the rescue.

But maybe I am making it too complicated.

 

[humanoidlord]

some times while keeping track it is hard to pin public vs private. so I will keep track of public offerings to avoid any confusion.
public 10 just hit. at this point he has equaled his output of Jan 2018.
looks like 2019 will be a record breaking year.

if he doesn't get arrested before december 31, that is

 

[The shadow]

I looked at Gene's 11th post of the year
and found this gem.

I barely covered the motel for one more day and some food yesterday, and, before I hit the road today to generate some cash, I need to pay the motel.

so..did he pay the hotel?
or what I'm confused.

 

[GhostofBiedny]

So even though Gene locked that "Elephant in the Room" thread he can't help but keep spewing his own bullshit on it - someone who has nothing to hide does not need to lock a thread let alone keep posting on it afterwards so they have the last word.

That is just a demonstration of the fact that you know you are in the wrong.

He just posted this (screenshot below) at the end of it.

It contains the usual claims that he is the victim in all of this, the skewed perspective that all his problems are due to the online haters. The "haters" conduct is illegal whilst his perpetual fraud and stiffing people on money he owes them is fine and all perfectly legal.

I don't suppose a moron like Steinberg is familiar with projection and even if he is he is clearly incapable of the introspection that would be necessary for him to analyse his own actions.

What surprises me more is that he is deluded enough to believe that anyone will listen to these kind of lies anymore:

 

[goblin]

So even though Gene locked that "Elephant in the Room" thread he can't help but keep spewing his own bullshit on it - someone who has nothing to hide does not need to lock a thread let alone keep posting on it afterwards so they have the last word.

That is just a demonstration of the fact that you know you are in the wrong.

He just posted this (screenshot below) at the end of it.

It contains the usual claims that he is the victim in all of this, the skewed perspective that all his problems are due to the online haters. The "haters" conduct is illegal whilst his perpetual fraud and stiffing people on money he owes them is fine and all perfectly legal.

I don't suppose a moron like Steinberg is familiar with projection and even if he is he is clearly incapable of the introspection that would be necessary for him to analyse his own actions.

What surprises me more is that he is deluded enough to believe that anyone will listen to these kind of lies anymore:


View attachment 5464

Wow, there is a lot to unpack there.

First, Gene, this isn't and will not be a one-time statement. You've sung this sad song before many times and I'm certain you'll sing it again.

I know pretty much anyone who might read this is already on board with all of what I am about to say, but, Gene:

- No one is against you earning a living. That's crazy. People (other than J. Randall Murphy, of course) are against you getting money out of others through fraudulent pretenses. If you could earn a living I think everyone who's aware of you would be relieved. Shocked, but relieved. But you're so clearly addicted to donations here you talk about earning a living merely making it "easier to end the need for outside help."

- You tweeted your own bank account information. How many times do we need to go over this? And, the bank monitors social networks? Riiiight. Gene you left your account info up on Twitter for weeks and weeks, only deleting the tweet after I favorited it, tipping you off to the fact it was there.

- You did not lose your last lease for the reasons you cite here. You lost it because you didn't pay your rent. Apartment complexes could give a shit less about someone sending them flowers to apologize for your bad behavior, or someone calling and saying you're a bad risk (which you clearly are, by the way - not that I condone someone calling the apartment complex but, they weren't wrong). They care about you upholding the terms of the lease, chief among them being that you pay your rent. Do you know how many times I've had to 'negotiate' with an apartment complex rental office? ZERO. Because when I rented, I paid my rent! Again: how many times do we need to go over this?

- Yes, people have made phony offers of cash to you, and you've jumped at them. OK. This happens to legitimate journalists and other podcast hosts all the time. Has nothing to do with your freaky ways at all. Those guys at Mysterious Universe, I've heard they've driven to McDonald's all over Australia in hopes of being handed a bag of cash. Must just come with the territory. The Internet giveth and the Internet plays you for a fool sometimes too I guess.

- I think it's wrong to jerk you around with a fake offer to buy the Tech Night Owl.

- Hmmm. The thread is not open... because others have refused you the right to respond? OK....

- "Evil stunts". That you're going to stop in their tracks. Well nice work Supergirl. This from the guy who by his own words can't track of his own spending such that he put his PayPal account into the red multiple times in just the past couple weeks. Go to it, mastermind. "Well Officer, you see, I send out about six emails a week asking UFO enthusiasts for money to pay for a motel room, and some people just have hate in their hearts I guess...."

Gene Steinberg: stop lying. You are the source of all of your problems. Further, you exaggerate those problems wildly. You're living in a motel, not Hell itself. You still crank out your podcast! You have a car.