I did not charge Ms Forson sign-on fee of $50,000 – Bullet
On the issue of signing on fee, CEO of Rufftown Records, Bullet said, he does not charge sign-on fees. According to him, when he signed on Ebony, Fantana, Wendy, and others he did not charge them any fees and that anyone who says Rough Town label charges any sign-on fees is not been truthful. He made these and other revelations on Happy FM in an interview monitored by Newsghana24.com
He revealed that, he did not ask Mrs. Forson to pay $50,000 as sign-on fees hence the public should ignore her claims.
“I have studied that, whenever someone or an artist wants to trend, he/she uses the name of bullet” He added.
According to Bullet of Rufftown Records, Ms Forson lied to him and never revealed that she was married.
He felt that there was the need to miss Forson to reveal important information such as that at the time of coming to Rough Time label.
This is so because, the work demands that the artists is present at shows, recording sessions at any time he or she is needed.
But when artists are married, they have extra commitments making it difficult to work with such persons.
To ensure the work he and his team do with Miss Forson as a married woman was that, her husband should sign the agreement with Rough Town that he will release her at any time, she is needed for work as an artist.
However, the husband refused to sign. Due to the huge investments are made by Bullet and Rought Town Lable, and the husband was unwilling to sign the agreement, it made it riskier for him as a businessman.
The unwillingness for the husband to sign the agreement meant he was entering into a risky business as he was to invest $100,000 into the project with Miss Forson.
This led to him asking the husband of Miss Forson to invest $50,000 out of the total $100,000 to be used to promote the works of his wife. This was to spread the risk between the two of them.
Bullet added that he went ahead to record her but he was also scared of losing his investment of $100,000 because the husband could ask her not to go for shoes, recording and other related activities.