The fall of Qbase?

Willard Pardue, CEO of Qbase, has been building a house of cards much like Bernie Madoff, the only problem was his deck was filled with jokers. He chose to scam local politicians and development agencies into handing him cash for the promise of “high tech” jobs. The jobs never materialized, and he left a wake of x-employees all ready to throw a party when the handcuffs click around his wrists.

Heralded as a hero by the clueless politicians who bought into his song and dance, but, what was even more insipid was that while he was taking tax dollars into Qbase, he was turning right around and forcing employees to give campaign contributions to his benefactors, often under the threat of being fired. I’ve heard from so many of these former employees that it makes my head spin.

Several have told me they were asked to file false tax returns to claim they worked in Clark county when they in fact worked in Greene. They refused, and had the company execs sign off on the admission that they in fact did not work in Clark. The company is closely tied to their landlords, Mills Morgan Development with offices on Pentagon Parkway in Beavercreek, and the Nextedge Applied Research and Technology Park where folding tables were set up and interns sent over to pretend to meet hiring requirements.

The post “Bad investments by Government” pretty much sums up what went on. Since then, trouble has arisen when Pardue borrowed several million dollars from Mills Morgan Development, with a note that came due on the 15th of October. Qbase was in negotiations with a DC firm, “Diamondback,” but that deal fell apart Friday.

There are rumors that some company officials are about to skip the country for Dubai to avoid prosecution on tax issues.

This is the same company that the Montgomery County Democratic Party touts on their slate card that is being distributed around the city- even though Qbase offices aren’t in Montgomery County.

If any Qbase employees want to add to this post- don’t worry, your information will be protected.

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7 Responses

  1. FormerIntern October 26, 2009 / 11:15 am
    For the sake of Diamondback and all things good in business, thank GOD Qbase’s [inevitably evil] deal with them fell apart.

    Qbase-turned-Intern-mill-turned-Qbust (yay!) is out of control. I hope everyone now sees what’s going on. If there were any doubters before, I hope the constant bad news about Qbase leaves no doubt in their minds. 

    It would not surprise me at ALL if Pardue (and who knows who else) scampers off to Dubai with their tails between their legs to avoid prosecution. Typical Pardue move. Scam’em and leave’em. If you DO leave, Willard, enjoy the middle east for the rest of your life, starting from the ground up.

    Ahh, this really is a victorious moment. I feel a greater sense of accomplishment everytime I drive by the QBase building in Beavercreek.

    As one ex-Qbase employee said recently, “We got out while the gettin’ was good!”

    I love my new job. Suck it, Pardue.

  2. withheld 78 October 26, 2009 / 5:14 pm
    Tick..Tock.Tick..Tock…..I bet this is Willards most annoying sound as he lays in bed trying to figure out how to cover payroll each week.    Oh wait, that would require a conscience of some sort.   And we all know that’s  not the case with slick Willy.
    Speaking of payroll, I have to call out the rest of Qbase emplyees.  Earlier in the year, many of you agreed to take pay cuts or work without pay in exchange for worthless shares of the company, or promise to be paid back later in the year.   Now this past pay period, you get week long e-mails prepping you about trouble with getting paid by your largest client – the government.   I wonder why?  Low and behold, payday arrives and there is no money to pay you.
    For everyone reading and/or posting on this site…join me in unison when I say, WAKE UP AND MOVE ON!!  If the Diamondback deal had gone through, Willard would have had to get the company down to less than 40 emplyees.   Do you think he’d think twice about cutting everyone in order to save his own ass?
     
     
  3. In the 'burg October 26, 2009 / 8:53 pm
    We have a contract with them. If they don’t deliver, I’ll be unemployed. Fun.
  4. Willard Iglesias October 26, 2009 / 9:41 pm
    Please come buy my greatest hits album…  And not just because I need the money!
    1) To all the Employees I’ve Loved Before
    2) Prosecution – Always on My Mind
    3) Can’t Help Falling in Love – with Myself
    4) Cryin’ Time
    5) Everybody’s Talking
    6) Forbidden Games
    7) How Can You Mend a Broken Bank Account?
    8) I’ve been Waiting for an “Intern” Like You
    9) Smoke Gets in Your Eyes
    And last but not least…
    10) I know its Over (and so does everyone else…)
    You were noticeably absent at InfoTech you D-bag…
  5. Cautiously Optimistic November 4, 2009 / 6:36 pm
    Where does the Dayton Development Coalition fit into all of this?  For historians, it was the DDC who courted Pardue and hooked Hobson up with him.  I believe it was the DDC who personally set up the sweet tax dollar incentives also.  Former DDC CEO Nauseef and Pardue were best buds.  Wonder if the DDC still loves QBase now.  Pardue was an unscrupulous bully at LexisNexis and continued that at QBase. 
  6. BestServedCold November 5, 2009 / 7:30 pm
    Willy the Grifter – how’s things these days, pal??

    They rode you out of LN on a rail, you lasted less than a year at Gartner (8 months as I recall), and now QBust.

    Quite a dance card there. So much to be proud of…hell, for your family to be proud of.

    Karma, buddy – always remember about Karma.

    I’m watching – as so many of the honest, committed, talented people you intentionally screwed are watching – and will rejoice at the ultimate implosion of this so-called business you nefariously built on a foundation of outright lies and greed.

    Good night and good luck – you are gonna need it.

  7. David Esrati November 15, 2009 / 11:57 pm

    I’m still getting detailed info from former QBusters on forced political donations-

    Give me the details- including dates, check numbers, how it was pushed and by whom, and for how much.

    Write a statement outlining how you felt about the process- and if you thought your job depended on it.

    Also- if you have knowledge of any direct earmarks- that came back from politicians you had donated to- need that too. Thanks.

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