Paul Nash, identified by affiliates as the owner of cycler scheme SpinDing, was a 20% part-owner of the failed revenue-sharing program Go Fun Rewards. Nash is currently a defendant in an ongoing lawsuit filed by Go Fun Rewards' former president, Randal Williams. SpinDing's website, registered September 22, 2013, lists "Peter Nelson" with a British Virgin Islands PO Box.
The SpinDing website offers no information about its ownership or management. Peter Nelson's relationship to SpinDing is not clear. But Paul Nash signs emails to SpinDing affiliates and voices official marketing videos for the company.
Nash is officially credited as a "software architect" through his company, Opus Solutions. He held a 20% stake in Go Fun Rewards, which ultimately collapsed. The lawsuit from Randal Williams specifically cites an email Nash sent to Williams' wife, alleging Williams was frequently suicidal and stealing from the company.
Nash addressed his history with Go Fun Rewards in a January 12 email to SpinDing affiliates. He stated his involvement was as "the key technical partner, responsible for building and operating the systems aspect of the business." He claimed eAdgear Inc., based in California and Hong Kong, were the owners, describing them as a "predominantly Chinese run operation."
Nash characterized his experience with eAdgear as unfortunate. He wrote they made a "unilateral decision" to shut down US operations and move offshore. This left him "picking up the pieces both financially and with my relationships." He claimed he only took a "modest salary" for programming and a bonus, earning nothing else from the venture.
He further claimed eAdgear "never even called me to tell me I was fired and that my insurance was cancelled." This was particularly difficult, he noted, because his wife was undergoing chemotherapy at the time. Nash estimated eAdgear took over $16 million offshore, failing to pay commissions to him, other employees, or affiliates.
Nash explained his motivation for starting SpinDing alone: "I am sick of getting screwed by partners and bad business deals in the MLM space." He described himself as an "accomplished entrepreneur" who no longer needed a "front man." And he concluded by stating, "It's my name this time," promising to "work my tail off to make this successful."
The lawsuit filed by Randal Williams against Paul Nash and others remains ongoing.