Unfortunately, we can't really divide everything in half now, because he somehow sees most everything as "his."
I will of course consider just taking as much money as I can now, signing over my shares, etc... but..
most of this business was my idea. I found our fleet vehicles, which happen to run on natural gas which is readily available in our area
-- providing an efficiency advantage over our competition..
as well as the logo, the contract books we use for door to door sales, our employee, all of our legal paperwork and bookkeeping, software, customer communication (I exclusively answered the company phone until 1 week ago, or so). I have never worked so hard on anything in my life...
I don't see how I can just give it away. Even if I were to compete with him directly now, he has destroyed my capital, he has taken my labor without paying for it, and now he has my ideas (nat gas trucks, text communication with customers is very popular, well I put that on the contract books 4 months ago, I made the business phone number and internet number so we could send text with a keyboard, I anticipated its popularity, it didn't just happen overnight).
Can you estimate how much it would cost to litigate a breach of fiduciary trust lawsuit?
Also, are there any technical details that could derail my position? We issued stock in the articles of incorporation and we filed the directors with the secretary of the state. But we have not recorded an official "meeting." We just got to work right away. The company issued 1,000 shares and we both bought 500 for $500. We have only recorded this in the original articles of incorporation.
If I agree to dissolve the company, can he still do his own pest control businesses in this area?
Finally, does the fact that I am secretary and treasurer allow me to outvote him in any way? Frankly he is draining capital from the business faster than he is earning it, unlike me. He could rejoin the company when it can support him.