Close

    • Proof that Evosport is thousands in debt and soliciting customers for generation of capital

      Most of you saw that Benzboost broke the story last week on Evosport's debt and failure to deliver parts to customers. We quoted this debt as in the hundreds of thousands but now have exact up to date figures that were released by Evosport themselves. Where and why would they reveal these figures? They revealed the details in documents seeking investment from a select, hand picked group of customers in order to get money they need flowing in.

      Evosport has about $300,000 of debt with a quarter million of back orders that have not been fulfilled. They are cash strapped so they have hand picked a number of their customers to solicit for investment purposes. We have been able to get a hold of the proposal with all the details from more than one source. This investment group is being spearheaded by Jim Brady (James J. Brady of Ringler Associates) who is one of their customers. He is also a CLK63 Black Series owner and it is Black Series owners who are mostly being targeted for investment. Why Jim Brady is doing this for Evosport, we have no clue but will certainly try to find out.

      The investment documents are all detailed below. They verify that what was written previously is accurate. We now know the investment amount each customer is being asked to produce is $100k minimum. The documents are dated April 2011 so this information is as up to date as possible. Additionally, we do not know if Jim Brady has already invested as numerous sources have given us varying figures on his own commitment. It could be that he has already committed funds and that they have not been enough to pull Evosport out so other sources are being tapped.

      We feel this information is necessary to not only validate our investigative journalism, much of which was already confirmed by customers coming forward to say they had not received their parts as well as JRCART confirming his issues with Evosport, but also to warn potential investors and customers of the current situation. It is irresponsible to continue to collect money from customers who expect delivery of their parts when there are very real issues that affect if Evosport will even continue to be viable. Not to mention that Brad Otoupalik e-mailed BenzBoost with veiled threats about "slander" which this isn't, it is completely factual based on details Evosport has verified in its own documents sent out into the public. Attempting to silence this on MBworld and threaten us only caused more people to be willing to come forward in support of what BenzBoost had the courage to reveal. We will not be pushed around or intimidated by Evosport or anyone else for that matter for providing the community with the truth MBworld hides from them.

      You can verify all the information in the documents below. You can also see the questionnaire that attempts to assess just how much money the potential investor has. Evosport's fiscal information is all detailed as well as debt and pending litigation involving a damage claim to a Lamborghini. We have also been told of liens which if it becomes necessary we will look into in much further detail. Evosport is apparently in damage control mode attempting to pay off what they can which we have not been able to verify but have received some anonymous tips stating so. Additionally, one tip stated that Bob Otoupolik's credit cards have been locked but we do not know if this is true. If anyone has any information to verify this tip, do not hesitate to contact us.











      This article was originally published in forum thread: Warning to Mercedes Enthusiasts! Evosport hundreds of thousands in debt, not delivering parts started by Sticky View original post
      Comments 493 Comments
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Am waiting for my slk32 pulley set for 8months since Oct 2010

        Evosport staff start lie to me since December 2010 they told me that my pulley is ready to sent

        On Feb Simon told me that pullet set needed to be redesign and it take time about a month

        Today i still wait for my pulley set.
        Hi, I think you were the guy who complained about waiting since October of last year on 6speed only for the thread to get locked and for nothing to get resolved? Coincidence 6speed is an Internet Brands board where Evosport is a sponsor like MBworld? I don't think so.

        You have been waiting 7 months now... I think that borders on ridiculous. I doubt you are a USA customer (just a guess) and that is why they are playing with you. Taking care of US orders first, international is last priority and they feel they can do whatever they want with them.
      1. sofa's Avatar
        sofa -
        Am International Buyer
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Am International Buyer
        Yes, I figured. You are likely last on their list as they don't expect you to come on English boards and voice what happened.

        They are concentrating on taking care of US backorders right now and unfortunately, you are on the back burner.

        It isn't right, but from the looks of it they will come through likely sometime this year...
      1. Eirebenz's Avatar
        Eirebenz -
        This is a goddamn disgrace. Simon has been caught red-handed lying here. Sofa: did Simon e-mail his excuse to you?

        Just because Sofa is owed an SLK32 pulley kit doesn't make it any more acceptable priority-wise (in comparison to what jrcart and others were owed). To be waiting 8 months for a pulley is nothing short of criminal.

        Sofa: you need to pull out of that transaction sir. If Simon told you that the pulley needed to be 'redesigned', it will NOT take a month. That is absolutely impossible (technically and feasibly: by the time manufacturing and testing is performed). If Simon says 'one month', be prepared to wait >6 months.
        The fact of the matter is that Simon is lying through his teeth. Call him on it. Be vocal.

        I can tell you with 100% CERTAINTY that Simon is NOT redesigning a pulley designed for the M112K motor. I should know: I have the same motor as you.
        The fact of the matter is that no major tuner or manufacturer is redesigning ANY preexisting performance part for the M112K. The M112K is not a significant revenue-generator any longer and for Simon to tell you that they are 'redesigning' the M112K overdrive pulley is complete crap. As I alluded to above, call him on it. Sign up on MBW and post in the C32/C55 forum. Nobody reads the SLK32 AMG forum over there.

        Sticky is absolutely correct when he said that Simon is totally taking advantage of the fact that you are not U.S.-based.

        This is sickening.

        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Am waiting for my slk32 pulley set for 8months since Oct 2010

        Evosport staff start lie to me since December 2010 they told me that my pulley is ready to sent

        On Feb Simon told me that pullet set needed to be redesign and it take time about a month

        Today i still wait for my pulley set.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by Eirebenz Click here to enlarge
        This is a goddamn disgrace. Simon has been caught red-handed lying here. Sofa: did Simon e-mail his excuse to you?

        Just because Sofa is owed an SLK32 pulley kit doesn't make it any more acceptable priority-wise (in comparison to what jrcart and others were owed). To be waiting 8 months for a pulley is nothing short of criminal.

        Sofa: you need to pull out of that transaction sir. If Simon told you that the pulley needed to be 'redesigned', it will NOT take a month. That is absolutely impossible (technically and feasibly: by the time manufacturing and testing is performed). If Simon says 'one month', be prepared to wait >6 months.
        The fact of the matter is that Simon is lying through his teeth. Call him on it. Be vocal.

        I can tell you with 100% CERTAINTY that Simon is NOT redesigning a pulley designed for the M112K motor. I should know: I have the same motor as you.
        The fact of the matter is that no major tuner or manufacturer is redesigning ANY preexisting performance part for the M112K. The M112K is not a significant revenue-generator any longer and for Simon to tell you that they are 'redesigning' the M112K overdrive pulley is complete crap. As I alluded to above, call him on it. Sign up on MBW and post in the C32/C55 forum. Nobody reads the SLK32 AMG forum over there.

        Sticky is absolutely correct when he said that Simon is totally taking advantage of the fact that you are not U.S.-based.

        This is sickening.
        If they pulley is not being redesigned and you know that for a fact then that is a pathetic excuse and just a blatant lie to a customer.

        Agree 100%, they are taking advantage of an international customer.
      1. Eirebenz's Avatar
        Eirebenz -
        In fairness, I don't know it for a 'fact'. However, I know enough about product development for the M112K to make such a statement. There is really only 1 plausible scenario in Sofa's case:

        Importantly, the M112K overdrive pulley system wouldn't exactly be a hot item for Evosport (as of the past few years). Click here to enlarge
        As a result, they don't have a bunch lying around in stock (if any). As you may already know, Eurocharged, ASP, and others make vastly superior equivalent products as it pertains to the M112K overdrive pulley system.
        Back in the day, Evosport would have sold plenty of these; however, not any more. Hell, Kleemann has stopped making and selling them.

        So.... what has most likely happened here is that Evosport took Sofa's $$$$ for a product that they do NOT have in stock. As a result, they are now having to manufacture or otherwise procure a new overdrive pulley for him.

        In addition, if they are redesigning the pulley, is Evosport implying that their product is defective? If so, they best man up and inform those customers who already have their product. Click here to enlarge
        But ...... that's not the case. They are not 'redesigning' this pulley. There's no market incentive to do so for a 'dinosaur' motor and they sure as hell aren't doing it just for Sofa.

        If Evosport DO, in fact, end up redesigning their pulley (and satisfactorily prove they did so), I'll gladly make a public apology and stand corrected.

        Click here to enlarge Originally Posted by Sticky Click here to enlarge
        If they pulley is not being redesigned and you know that for a fact then that is a pathetic excuse and just a blatant lie to a customer.

        Agree 100%, they are taking advantage of an international customer.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by Eirebenz Click here to enlarge
        In fairness, I don't know it for a 'fact'. However, I know enough about product development for the M112K to make such a statement. There is really only 1 plausible scenario in Sofa's case:

        Importantly, the M112K overdrive pulley system wouldn't exactly be a hot item for Evosport (as of the past few years). Click here to enlarge
        As a result, they don't have a bunch lying around in stock (if any). As you may already know, Eurocharged, ASP, and others make vastly superior equivalent products as it pertains to the M112K overdrive pulley system.
        Back in the day, Evosport would have sold plenty of these; however, not any more. Hell, Kleemann has stopped making and selling them.

        So.... what has most likely happened here is that Evosport took Sofa's $$$$ for a product that they do NOT have in stock. As a result, they are now having to manufacture or otherwise procure a new overdrive pulley for him.

        In addition, if they are redesigning the pulley, is Evosport implying that their product is defective? If so, they best man up and inform those customers who already have their product. Click here to enlarge
        But ...... that's not the case. They are not 'redesigning' this pulley. There's no market incentive to do so for a 'dinosaur' motor and they sure as hell aren't doing it just for Sofa.

        If Evosport DO, in fact, end up redesigning their pulley (and satisfactorily prove they did so), I'll gladly make a public apology and stand corrected.
        Your points make sense, certainly regarding the market. Not like there is some sudden demand in 32 AMG supercharger pulleys, it's been a decade since this motor hit and it has been out of production for years.
      1. c32AMG-DTM's Avatar
        c32AMG-DTM -
        Click here to enlarge Originally Posted by Eirebenz Click here to enlarge
        Hell, Kleemann has stopped making and selling them.
        When did that happen?
      1. sofa's Avatar
        sofa -
        Now am runing EVO sport ECU Programing and wait for Evosport pulley set, if i go for kleemann pulley set is suitable or not.

        Now i feel my car is loosing power after tune ecu by evosport like running rich oil.

        When i WOT in 3gear or put hard acceleration my car can't idle rpm is always swing (1000 - 2000rpm)
      1. 0-60Motorsports's Avatar
        0-60Motorsports -
        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Now am runing EVO sport ECU Programing and wait for Evosport pulley set, if i go for kleemann pulley set is suitable or not.

        Now i feel my car is loosing power after tune ecu by evosport like running rich oil.

        When i WOT in 3gear or put hard acceleration my car can't idle rpm is always swing (1000 - 2000rpm)
        Scrap that tune and get an EVOLVE tune! You will love it!
      1. sofa's Avatar
        sofa -
        Here is some part of my conversation with Simon

        From: Simon Atik (Evosport) (simon@evosport.com)
        Sent: Thursday, January 27, 2011 8:51:48 AM
        To: project6@hotmail.com
        Hi Apiwat,

        Wanted to follow-up on your order. I will have everything ready to ship in a couple days with exception of the pulley kit. We are in the process of revising the C32 Damper pulley with some updates. That will not be ready for about 2-3 weeks. In the interim, I would be happy to send you all the other parts. Once the pulley kit is ready, we will ship that to you and we will take care of shipping.

        Please let me know your thoughts. Thanks.

        ---------------------------

        I receive my ECU after send it to Evosport from October on 6 February

        -----------------------

        From: Metayasit OP [mailto:project6@hotmail.com]
        Sent: Wednesday, March 09, 2011 8:36 AM
        To: simon@evosport.com
        Subject: RE: Follow-up

        Hi Simon,

        I wanted to know your revising pulley status update. Is about 1months ago i didn't receive any update for my order.
        Please kindly update some information to me how long it take to complete the pulley set.

        ------------------------------------------

        Hi Apiwat,

        Thanks for the email. We should be done fairly soon. We just had other pulleys (63, 55) in addition to the 32’s with similar issues so we had to work through those first as we had a lot more orders for those products. I will keep you posted and will send out the pulley as soon as it’s ready.

        -----------------------------------------


        From: Metayasit OP (project6@hotmail.com)
        Sent: Friday, March 25, 2011 1:09:19 AM
        To: simon@evosport.com
        Simon

        now i waiting the pulley from your company for 6months what's going on? I can't wait for a while.

        So you should do something to satisfy your customer needed am i right?

        if you can't delivery it you should refund my money back.

        --------------------------

        rom: Simon Atik (Evosport) (simon@evosport.com)
        Sent: Friday, March 25, 2011 5:38:12 AM
        To: 'Metayasit OP' (project6@hotmail.com)
        Apiwat,

        My apologies. We had a delay as I mentioned but within 2 weeks we will be on track. Please give me a couplr weeks to rectify this issue and I will have the pulley out to you ASAP! Of course my goal is to satisfy you as our customer.

        -------------------------------------


        From: Metayasit OP (project6@hotmail.com)
        Sent: Friday, April 22, 2011 11:54:52 PM
        To: simon@evosport.com
        Hi, Simon

        I placed an order is about seven month ago and it has not shipped yet. I chose your company over many others and I am very disappointed in how long this is taking.

        Please provide the order status and a shipping date. I would like you to speed the process. Other companies have done so by talking to suppliers about backorders or by providing complimentary expedited shipping, and I would like to know the ways your company can help me with my order.
        I look forward to your reply asap before seeking help from the Better Business Bureau and/or other consumer protection agencies.

        Regards,

        ---------------------------------------

        From: Simon Atik (Evosport) (simon@evosport.com)
        Sent: Sunday, April 24, 2011 11:22:25 PM
        To: 'Metayasit OP' (project6@hotmail.com)
        Hi Apiwat,

        Thanks for the email. Trust that I have not forgotten about your order. I am meeting WEEKLY with our machine ship to get you the parts soon. I will do whatever it takes to get the last piece to you asap. I am meeting with them again on Tuesday and should have a better idea on delivery date. I will email you again this week with more information, but we are 100% working on it.

        Regards,

        ---------------------------------------------

        From: simon@evosport.com
        To: project6@hotmail.com
        Subject: RE: Order Status Update?
        Date: Sun, 24 Apr 2011 09:24:36 -0700

        Hi Apiwat,

        Thanks for the email. Trust that I have not forgotten about your order. I am meeting WEEKLY with our machine ship to get you the parts soon. I will do whatever it takes to get the last piece to you asap. I am meeting with them again on Tuesday and should have a better idea on delivery date. I will email you again this week with more information, but we are 100% working on it.

        Regards,

        ---------------------------------

        From: Simon Atik (Evosport) (simon@evosport.com)
        Sent: Friday, May 06, 2011 10:26:45 PM
        To: 'Parakorn PI' (project6@hotmail.com)
        Hi Apiwat,

        Your order is scheduled to be shipped out to you next week. I will email you tracking info then. Thank you again for your patience!

        -------------------------------

        From: Parakorn PI (project6@hotmail.com)
        Sent: Friday, May 06, 2011 10:28:32 PM
        To: simon@evosport.com
        Hi, Simon

        Can you confirm that is will be shipped next week.

        Regard

        ------------------------------------

        From: simon@evosport.com
        To: project6@hotmail.com
        Subject: RE: Order Status Update?
        Date: Fri, 6 May 2011 08:57:18 -0700

        As of today, we are on schedule to have the 32K pulley ready next week and it will ship immediately to you.

        ------------------------------------

        rom: Parakorn PI (project6@hotmail.com)
        Sent: Saturday, May 14, 2011 1:07:47 AM
        To: simon@evosport.com
        I needed to know my shipment status because you told me that my pulley is ready this week and it will ship to me ASAP but I still don't know where is my pulley.

        If you can't ship to me is your duty to compensate me satisfactorily for your mistake.

        You need to learn from your mistake don't give a word that you can't do it.



        Regard.

        -------------------------------

        from: Simon Atik (Evosport) (simon@evosport.com)
        Sent: Sunday, May 15, 2011 1:13:47 AM
        To: 'Parakorn PI' (project6@hotmail.com)
        Apiwat,

        I am preparing your shipment to leave in a few days. I will email you next week with shipping information. Again, thank you for your patience.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Now am runing EVO sport ECU Programing and wait for Evosport pulley set, if i go for kleemann pulley set is suitable or not.

        Now i feel my car is loosing power after tune ecu by evosport like running rich oil.

        When i WOT in 3gear or put hard acceleration my car can't idle rpm is always swing (1000 - 2000rpm)
        Evosport doesn't do their own tuning, so not sure whose ECU programming you are running.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Here is some part of my conversation with Simon
        Wow man Click here to enlarge

        I feel for you, 2-3 weeks in January turned into late May... and you still don't have it.
      1. Yomama69's Avatar
        Yomama69 -
        That's $#@!ed up. 7 months and no pulley.
      1. sofa's Avatar
        sofa -
        If i have pulley spec for m112.

        In Thailand workshop might get it done by CNC Machine at lest 1-2day working time.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by Yomama69 Click here to enlarge
        That's $#@!ed up. 7 months and no pulley.
        It's pretty messed up how they just keep pushing this guy to the side with the same story.
      1. Eirebenz's Avatar
        Eirebenz -
        Click here to enlarge Originally Posted by c32AMG-DTM Click here to enlarge
        When did that happen?
        Quite some time ago I think. A few years ago, I was going to Kleemannize my car and I went to a dealer who informed me that they weren't making the pulleys for the M112K any more. Interestingly; however, there appear to be a few still left in stock on the Kleemann website. Everything else Kleemann sells has a green 'In Stock' icon and the M112K pulley doesn't.

        Click here to enlarge Originally Posted by sofa Click here to enlarge
        Here is some part of my conversation with Simon....

        From: Simon Atik (Evosport) (simon@evosport.com) .... We should be done fairly soon. We just had other pulleys (63, 55) in addition to the 32’s with similar issues so we had to work through those first as we had a lot more orders for those products....
        Oh yeah? What issues did your M113K and M156 pulleys have, Simon? Is there something wrong with your product?

        Click here to enlarge Originally Posted by sofa Click here to enlarge
        .... I look forward to your reply asap before seeking help from the Better Business Bureau and/or other consumer protection agencies....
        Do it man. I don't know how long you have to wait to make a complaint. I suggested it early in this thread - use BBB or any other resource available to you to resolve this. Simon's been stringing you along and you know it.

        Click here to enlarge Originally Posted by sofa Click here to enlarge
        .... From: Simon Atik (Evosport) (simon@evosport.com) .... I am meeting WEEKLY with our machine ship to get you the parts soon....
        I'm trying to figure out why I don't, in any way, believe this statement.

        Click here to enlarge Originally Posted by sofa Click here to enlarge
        .... From: Simon Atik (Evosport) (simon@evosport.com) .... I am preparing your shipment to leave in a few days. I will email you next week with shipping information. Again, thank you for your patience.
        Hopefully you don't have to hold your breath for too long. Sorry Sofa Click here to enlarge
      1. c32AMG-DTM's Avatar
        c32AMG-DTM -
        Click here to enlarge Originally Posted by Eirebenz Click here to enlarge
        Quite some time ago I think. A few years ago, I was going to Kleemannize my car and I went to a dealer who informed me that they weren't making the pulleys for the M112K any more. Interestingly; however, there appear to be a few still left in stock on the Kleemann website. Everything else Kleemann sells has a green 'In Stock' icon and the M112K pulley doesn't.
        I can confirm that, less than two years ago (June 2009), Kleemann USA still had M112K pulley kits available. I had one installed by my local Kleemann dealer (Fabspeed), along with an ECU tune, TCU tune, and headers at that time. Don't know how much longer they remained available, or if they are at present. Just FYI.
      1. sofa's Avatar
        sofa -
        Too bad nothing update from simon
      1. Exeenom's Avatar
        Exeenom -
        Click here to enlarge Originally Posted by Sticky Click here to enlarge
        Evosport doesn't do their own tuning, so not sure whose ECU programming you are running.
        Evosport only uses Powerchip software. Unfortunately, he is running Powerchip's ECU tune in his car right now.

        Sofa....... is the current ECU tune on your car meant for a car with a pulley or without? That could make a big difference. I recommend going with RENNtech, Kleemann, or MHP for your software and/or hardware upgrades.