Jim Van Blaricum answers questions concerning Lightning Burgers.
Haltom City, April 11, 2008: James Van Blaricum, CEO of Signal Oil and Gas, has been an entrepreneur in several industries. After becoming a medical doctor in the early seventies, Van Blaricum found that his passions were more towards pioneering and running businesses. He started in the oil and gas business in Texas near San Antonio and eventually ran a successful chain of car care facilities before moving back to the oil and gas industry.
At the end of the nineties, Van Blaricum decided to pursue building a fast food chain and towards that end hired several people away from a prominent west coast fast food chain.
“I was intrigued by the fast food business in the late 90s and started a hamburger chain,” states Van Blaricum. “I had hired some other people from another chain that I highly respected. In the course of developing our chain we wanted to make sure we weren’t copying them and made the appropriate efforts to make the business changes that we needed to protect ourselves from a legal point of view. In spite of that, the other chain, which I respect highly to this day, took us to task, and we got caught in the downturn of 9/11 and lost all of our financing and subsequently ended up having to close the business down. In the course of this, one of the local newspapers got a hold of some information that was pretty much one-sided and published a report that had a lot of information in it that I thought was incorrect.”
Van Blaricum invited the local journal to hear his side but they never came out or put forth an effort to interview Van Blaricum.
“They never did contact me. I called them afterwards, and said in all fairness of hearing both sides of the story, why didn’t you contact me? They said that they did, but I suspect that there wasn’t a lot of effort put forth. They said that they were going to publish my side of the story so to speak but they never called back. We never had any opportunity to correct what I saw as erroneous information.”
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