ED Magedson – Founder
Millennium Exploration Company400 North Loop 1604 E Suite 107 San Antonio, Texas United States of America
Complaint Review: Millennium Exploration Company | Notice: Ripoff Report VIP Arbitration Decision: A neutral and independent Arbitrator has determined that the following Report contained one or more false statements of facts. The false statements have been redacted as ((Statement REDACTED as false pursuant to Ripoff Report VIP Arbitration)) | Furthermore, the Arbitrator found that the Author of this Report was not a customer of the Complainant. | Millennium Exploration Company Richard Monroy Millennium Exploration Company Rips Off Investors San Antonio, Texas
RIPOFF REPORT VIP ARBITRATION
SUMMARY OF ARBITRATOR’S DECISION
Millennium Exploration Company, L.L.C., Complainant
Anonymous, Author of Report #723757,
Complainant Millennium Exploration Co. (the “Complainant”) has challenged the truthfulness of certain specific statements (each, a “Statement”) posted by Author “Tom” or Anonymous (the “Author”) on the Ripoff Report website at www.ripoffreport.com as Ripoff Report #723757 (the “Report”). The Author did not submit a response to the Complainant or any contact information. Therefore, in accordance with the Ripoff Report VIP Arbitration Rules (the “Rules), the Author waived their right to participate in this Arbitration. By submitting a Report and a Complaint on the Ripoff Report websites, both the Complainant and the Author have agreed to submit the dispute to the Ripoff Report VIP Arbitration Program.
In accordance with the Rules, the Arbitrator was asked to decide whether the challenged Statements were an opinion or a fact. If, and only if, the Statement was determined to be a statement of fact, the Arbitrator was asked to further decided if, by a preponderance of the evidence, to determine if the Statement was true or false. If the statement identified by the Complainant is determined to be an opinion, no determination will be made as to that particular Statement because an opinion cannot be determined to be true nor false.
In this case, the Arbitrator had only the evidence submitted by the Complainant to consider. The evidence submitted included Ripoff Report #723757, Complainant’s Arbitration Statement, Complainant’s Witness Statements, and supporting documentation.
Each Statement challenged by the Complainant has been considered, together with any Witness Statements and Documents provided by the Complainant for determination of the truth or falsity of the Statement. The Author did not provide a response to the Complaint.
The Arbitrator determined that the certain statements challenged in the Report were false. Therefore, according to the VIP Arbitration Rules, those statements have been redacted.
Decided April 11, 2014
Sandra J. Franklin, Arbitrator
* A copy of the full Arbitrator’s Decision is available upon request. Please e-mail email@example.com with the name of the Complainant and Report number.
Millennium is not a profitable investment.
I was contacted by telephone some time ago by Millennium. They told me that I could make money investing in their oil wells. ((Statement REDACTED as false pursuant to Ripoff Report VIP Arbitration)). They misrepresented the potential daily production figures and overall yields. They told me I could receive checks every month for thousands. ((Statement REDACTED as false pursuant to Ripoff Report VIP Arbitration)). ((Statement REDACTED as false pursuant to Ripoff Report VIP Arbitration)).
I talked to my attorney and he did an investigation and determined that Millennium does not have suficient assets to even justify suing them. Basically, he says that they are judgment proof. So I am not suing them, but I would just like to put the word out to others so that they know the whole story.
This report was posted on Ripoff Report on 04/29/2011 02:59 PM and is a permanent record located here: http://www.ripoffreport.com/r/Millennium-Exploration-Company/San-Antonio-Texas-78232/Complaint-Review-Millennium-Exploration-Company-Notice-Ripoff-Report-VIP-Arbitration-D-723757. 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.
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