After building a sales empire, mostly on wealth-building seminars and software, Winter Park entrepreneur Laurence J. After building a $256 million sales empire, mostly on wealth-building seminars and software, Winter Park entrepreneur Laurence J. He spoke recently with Sentinel staff writer Richard Burnett about the events that led to the Chapter 11 bankruptcy reorganization of his primary company, Orlando-based Dynetech Corp. The training-and-development side [seminars] represented 47 percent of sales; the technology side [Web sites and online-subscription services] was about 30 percent; and the rest of our businesses — media, marketing, advertising, which includes informercial services — totaled 23 percent of revenue. We sent all our stuff to Texas and didn’t hear a thing until we were slapped with not only the litigation but with a levy that cut off access to our funds, at a time when we were very financially extended. From the time I filed Chapter 11, I haven’t gotten a dime and I am not planning to get anything until I get myself out of Chapter 11. read more

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