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Sean Chipman

Role: Family Office CPA/CFO, Former Mining Company Partner Met Date: Prior to 2025 (through Hien Nguyen's business network) Last Interaction: Ongoing business relationship as of 2025-06-23

Contact Information​

  • Email: [Update if available]
  • Phone: [Update if available]
  • Based in: [Location unknown]

Professional Background​

  • Specialty: Family office CPA/CFO services
  • Expertise: Depot operations and financial management
  • Reputation: "Famous for" depot operations according to Hien

Business Relationship with Horizon Mining​

  • Previous Role: Former 1/3 equity partner in Horizon Mining Company
  • Current Status: Reduced to minority stake (approximately 15% based on Brent's 85% control)
  • Partnership Dissolution: Was "kicked out" along with Joel Weiner, allowing Brent to regain control

Performance Issues & Challenges​

  • Inactive Partnership: Described by Hien as not providing adequate support to CEO Brent during critical operational challenges
  • Part-time Availability: Maintains full-time job outside the mining company, limiting availability for urgent business matters
  • Inappropriate Requests: Asking for distributions while company faces hostile takeover threats and vendor payment issues
  • Lack of Support: Not helping with board-level decision making during Robert Wood crisis

Current Situation​

  • Operational Challenges: Company facing vendor payment crisis due to Robert Wood's financial mismanagement
  • Board Expectations: Should be providing strategic guidance and crisis management support but failing to do so
  • Distribution Requests: Continuing to request shareholder distributions despite company's precarious financial situation

Relationship Dynamics​

  • With Brent: Supposed to provide senior advisory support but not fulfilling obligations
  • With Hien: Hien views Sean as part of the problem rather than solution to current operational challenges
  • Professional Standards: Hien suggests Sean lacks understanding of proper board governance during crisis situations

Potential Role in Resolution​

  • Expected Actions: Should be actively involved in resolving Robert Wood situation and vendor payment crisis
  • Board Governance: Should be supporting weekly/bi-weekly board meetings to address operational challenges
  • Financial Expertise: Could contribute CPA/CFO expertise to resolve vendor payment and cash flow issues

Strategic Implications​

Sean represents the challenge of passive partners in high-growth, high-stress business environments. His reduced engagement during critical periods creates additional burden on active management (Brent) and highlights the importance of committed board participation during operational crises.

Recent Context​

  • 2025-06-23: Hien discussed Sean's inadequate support during conversation with Gary, emphasizing how Sean's part-time engagement and inappropriate distribution requests are creating additional stress for the company during a critical period.

Notes​

Sean's situation illustrates the common startup/growth company challenge where equity partners fail to provide proportional support during critical periods. His CPA/CFO background should make him valuable for financial crisis management, but his external commitments and approach to partnership obligations have made him part of the operational problem rather than the solution. This dynamic is contributing to Hien's reluctance to become deeply involved in the mining company's operations.