Complaint Review: 420Investor.com - Internet
- 420Investor.com Internet USA
- Phone:
- Web: http://www.420investor.com
- Category: Investment Brokers
420Investor.com 420investments 420 Investor Alan Brochstein, CFA Alan Brochstein @Invest420 420Investor.com GreenRushInvestor.com Cannabis Investing Stock Recommendations Medical Marijuana Stock Promotion Pump & Dump 420funders Scam Alert: I lost more than $800,000 in one year using the 420Investor analyst direction. Houston Internet
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In a nutshell MJNA was incorporated in 2009 and after President Obama was reelected in 2012 the cannabis community was buzzing about this confessed cannabis consumer repealing prohibition so naturally investors were voting with their wallets and because MJNA has the best business strategy folks were jumping in with both feet. Unfortunately what they didn't expect was for the transitioning War On Drugs to expand from Main Street to Wall Street. So after MJNA began to takeoff a network of financial terrorists mainly from Seekingalpha.com launched a campaign to exploit the complexities of doing business in a politically poisoned playing field where normal challenges of a startup are intensified by a factor of 10. Shortly after that Alan Brochstein arrived on the scene to poke holes and sensationalize the very same exploits that were raised originally. So after spending 3/4 of a year building a following with his entertaining Fox News Benghazi-esque interrogation of MJNA he decided to launch an investor service that directly competes with iHub, but is protected as if the two services are in bed with each other. I found this out firsthand when I decided to vet the only cannabis financial analyst in this industry who has built his following on the back of MJNA and his entertaining sensationalist style of writing. Without going too deep into the weeds I will show you what I was able to find and to date Mr. Brochstein has yet to provide proof that my findings are incorrect though I have asked him several times to put his blogging on hold and clear this issue up so that his paid subscribers can have the same confidence in their investment in 420investor.com that I am attempting to establish for MJNA investors.
- If you do a Bizapedia.com search for Alan Brochstein you will find this:
- If you google Brochstein and IRS you find this:
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- After noticing the $800k in losses from bad trades starting on page 21 that were on his watch as Director as of 11/13/11 as indicated on the image above I sent Mr. Brochstein an email and received this response:
- So after being handcuffed and paroled on iHub several times Mr. Brochstein and myself had this conversation before the current cannabis explosion:
So to close this out let it be resolved that I no longer read anything on Seekingalpha.com because every click pays the writer a penny and I won't support a network of financial terrorists who has admitted that they have written countless negative articles on MJNA under the guise of an analyst without even contacting the company. However, to a man or woman, I hold no malice in my heart for Mr. Brochstein infact it's quite to the contrary as my first buy was at .32 and I have bought many shares at a third of that thanks to the infamous, but effective work of the aforementioned analysts. Finally, as with everything do your due diligence and realize that folks will talk you out of your piece of chocolate cake just so they can have it all to themselves. Enjoy your day and stay focused.
This report was posted on Ripoff Report on 02/04/2015 02:29 PM and is a permanent record located here: https://www.ripoffreport.com/reports/420investorcom/internet/420investorcom-420investments-420-investor-alan-brochstein-cfa-alan-brochstein-invest4-1206745. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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