Informal email equity promises diverge from capitalization realities over time, requiring systematic documentary auditing and formal legal conversion to resolve.
Detrimental reliance rests on the documented gap between actual sub-market cash draws and verified contemporaneous market earnings capacity over time.
Unratified oral equity promises convert judicially into quantum meruit restitution by substituting market labor salary rates for unenforceable stock expectations.
Indefinite equity promises across venture tiers are resolved by auditing dated contemporaneous records to convert verbal commitments into formal stock agreements.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.
