Sander
Hicks Responds to the Recent Assassination Attempt on
His Character
With
the publication of Henry Fleshs, "Boning
Up: The Resurrection of Soft Skull Press" I have
been maligned. Not only by the writer, but by his subject,
my ex-best friend, Richard Nash, current Publisher of
Soft Skull Press. Their loose allegations have blown
up into exaggerated talk elsewhere, online and on the
street. Its getting out of hand. Id rather
not resort to lawyers immediately. I just want to give
my side of the story.
Flesh
writes, "
there are the independent book publishers
who didnt pay their authors a dime.
[paragraph
break]
This happened to many authors at Soft Skull
Press under former publisher Sander Hicks."
Thats
just not true. Soft Skull Press, Inc (SSPI) under my
leadership paid modest advances and then fair royalties
under good contracts. SSPI has accounting records to
prove it. Yes, sometimes we were late. Yes, the legal
bills with Fortunate Son ($15,000 in 2001 alone) did
slow down our payment schedule. But notice that of the
65 authors I published in my time at Soft Skull (1996-2001)
not one is quoted in Henry Fleshs article.
Why? And why is this article appearing now, in October
of 2003, a full two years and a month after I took a
leave of absence from Soft Skull, and handed over the
reins to my (former) best friend Richard Nash? Who,
if not Nash and Soft Skull, were Flesh's sources?
The
time has come to let the public in on a few secrets
inside the cryptic world of Richard Nash and his dilletante
henchmen. Since filling a power vacuum in my absence,
and stepping into an (un-elected) position as Publisher/President,
Nash made it a point to alienate yours truly. Right
away, he claimed for vague reasons that I could not
come back to the company. So, I lived for about two
years out on Long Island, licking my wounds, and working
other jobs. I didnt understand Nash. Angering
me and pushing me away couldnt be in the SSPI
shareholders larger interest. I was the one who
acquired the best-sellers, Fortunate Son (about Bush),
and two other books, a Lennon bio and a history of DC
Punk, which made the LA Times and Washington
Post Best-Seller lists, respectively. At SSPI, I
developed an revenue-generating e-commerce engine (softskull.com)
and had gotten us national distribution.
Things
became clearer one day last April. A special Emergency
Shareholders Meeting was urgently called for April
30th, announced about a week prior. Nash told everyone
that due to a bureaucratic snafu our NY State corporate
status had been dissolved (due either to an accountants
mis-filing of (S) Corp status, or due to SSPI falling
behind on State income tax, its still not clear
to me which). Under the advice of business consultant
Neil Reshen, Nash proposed that the company re-incorporate
in Delaware, and that he be given 51% of that new company.
His two right-hand men, Tom Hopkins and Don Goede, were
also to be given sizable chunks of the new deal. I communicated
quickly with a majority of the shareholders, and we
rapidly formed a majority that said No.
It
was an easy argument to win: for the current management
to gain that much equity, someone had to lose. The Nash
Plan called for all current shareholders to have their
share sizes CUT down to 33% of what they had paid cash
for. I had sold friends and family $115,000 worth of
stock in the Soft Skull vision. Nash was about to cut
their dream down by two thirds.
April
30th came. I could not attend the meeting, and didnt
need to. I let Richard Nash know that I had the majority
of shares on my side. We would not vote in favor of
his proposal. Richard Nash opened up the meeting by
issuing stock to his yes-men, Tom Hopkins and Don Goede,
just enough so that they would gain a majority of votes
to approve their rapacious plan. In any other country,
thats called stuffing the ballot box.
I
decided to move on. I got a Honda Silverwing off Ebay
for $650 and headed out West for a while, instead of
filing a lawsuit (at the time). I decided to try to
let Nash attempt to resuscitate the beleagured Soft
Skull Press, Inc. without further input from me. (The
company was in debt but it's never been proven exactly
how much, despite Nash's undocumented exaggerations
to the media.)
A
few other shareholders werent opposed to Nashs
proposal, they felt that the debts were fearsome, and
that Nash was doing an OK job. But the April 30th massacre
of the equity that I had worked hard for showed that
Nash was developing an incredibly pragmatic set of ethics.
What happened to the brilliant, non-linear, poetic,
Foreman and Yeatsean, experimental theater director
we all knew? Is this what Enron and crony capitalism
have taught us?
As
a professional courtesy, I recently let Richard Nash
know that I was incorporating a new publishing company,
the Drench Kiss Media Corporation. I meant that to give
us some closure, but now regret such a chivalrous move.
Shortly after, this piece by Henry Flesh appeared in
the New York Press. Nash deals in vague complaints
(here in the NY Press, and earlier in the Brooklyn
Rail) but the Shareholders have NEVER received any
serious documentation of his case: what exactly does
the company owe, whats in the bank, what have
we paid off, what have we made? Henry Flesh praises
Nash and Tennessee Jones for their "interest-bearing
bonds" to creditors but Nash was actually seriously
late on the June 2003 payment to the bond company. When
I asked him about this, he said something like, its
OK, they wont default on us, its easier
for them to just wait.
I
have attempted to communicate with Nash several times
about the Fleshs defamatory piece. He did not
return emails about this story. While in NYC for the
launch of DKMC, I got him on his cell phone. He laughed
in a high-pitched giggle and was defensive about the
slander in NY Press, claiming he wasn't responsible
for the tack Flesh took. But it seems that Nash was
the only possible source for that piece. Flesh never
contacted me for my side of things.
So,
we have a piece now online and in print where Nash claims
that accounting was "a disaster" when he took over Soft
Skull Press, Inc. OK, now, we know it wasnt perfect,
but I was working with a good accountant, OSB, at the
time. Funny. OSB are now suing Nash and his version
of SSPI. Why? Well, they want to get paid. And maybe
theyre also tired of Nashs bombastic, undiplomatic
style.