Witch School Sale Update
Witch School, the largest online training center for would-be Witches, which went on the eBay auction block a week ago has pulled the listing and ended the auction. While school CEO Ed Hubbard claimed that the school and its assets would be “auctioned off to the highest bidder”, it seems that other plans were in the making.
“I read the letter that was sent out to registered Witchschool students, and I got the impression that the entire idea of the auction was to set the dollar value of the “assets.” Since the school is a registered llc, to legally dissolve it, the owner/members must set price and pay each other off.”
Now Hubbard is looking for private buyers, and in a letter to Witch School members makes clear what his fiscal and organizational preferences are.
“I am still selling it, and I will work with a coalition. I have a simple price of $50,000. cash, and at $200,000 will give a 10 year promissory note at 2%. Anyone or any coalition that meets that will get it … Don Lewis should be part of any coalition if you are smart. His royalties drive the company. Virginia Powell is really cool, and would be amazing help. Michael Ferrell should not be ignored, He is crucial. He controls the site….he knows it so well. Raven is Don’s personal Computer and programmer. Debbe runs the daily spell reanna marie is a exceptional crafter and she makes the wand Krystel is perfect. and Lisa Tuit would be helpful if she is interested.”
It seems Hubbard is looking for someone to take Witch School away from him but keep things running generally the way they were running. That doesn’t seem to line up with potential buyer A.C. Aldag’s view of how things would go.
“My husband David and I are forming a holding company with the intent of purchasing Witch School … We would no longer offer initiations, dedications, degrees, or ordinations in the Correllian tradition or any other religious or magical system. We believe that this matter is between seekers and their spiritual leaders … Ed and Don have an incredible vision and an amazing plan. They are both very creative and dedicated; however, they are not really business-minded people … We will employ business people to ensure that Witch School can continue, pay its bills, produce quality products, educate students, and give service to the Pagan community … I’m going to ask other buyers, partners, and the general community the hard questions so that I know the truth before I spend my partners’ money!”
Aldag and her husband are meeting with Hubbard to discuss a potential sale next week. Meanwhile it seems that WS students are discussing the buying the school and the ramifications of a non-Correllian tradition taking over. At this point many seem to want the school to stay in Correllian hands. But it remains to be seen if the students can bring together a large enough coalition to meet Hubbard’s fiscal needs.
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