• Report: #405207

Complaint Review: National Business Capital Services, NBCS, Sherman Ted Solomon, Strick Hullender, Jason Hullender

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  • Submitted: Sat, December 27, 2008
  • Updated: Tue, December 01, 2009

  • Reported By:dallas Texas
National Business Capital Services, NBCS, Sherman Ted Solomon, Strick Hullender, Jason Hullender
1755 Wittington Place Suite 150 Dallas, Texas U.S.A.

National Business Capital Services, NBCS, Sherman Ted Solomon, Strick Hullender, Jason Hullender Stole my Money through deception and false promises Dallas Texas

*Consumer Suggestion: I am so very grateful not to have duped as a client.

*UPDATE Employee: THE TRANSITION COMPANIES & GENE SARTIN ARE COMMITTED TO EXCELLENCE

*REBUTTAL Owner of company: The Transition Companies & Gene Sartin

*REBUTTAL Owner of company: The Transition Companies & Gene Sartin

*Consumer Comment: NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

*Consumer Comment: NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

*Consumer Comment: NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

*Consumer Comment: NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

*Consumer Comment: NBCS is as good as advertised

*Consumer Comment: NBCS is as good as advertised

*Consumer Comment: NBCS is as good as advertised

*UPDATE Employee: National Business Capital Services LLC victim of false reporting

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National Business Capital Services, NBCS, Sherman Ted Solomon, Strick Hullender, Jason Hullender

www.nbcsllc.com

NBCS sells and markets For Sale by Owner (FSBO) business seller / business buyer introduction services. The true objective of NBCS is to sell business valuation and Confidential Business Reviews (Books) to an unsuspecting business owner community who is led to believe there might actually be a buyer match for their business opportunity. Through an Independent Consultant (analyst) sales group, who are paid very high sales commissions, business owners of main street companies are promised matching services through internet and media postings, professional care, and consistent and routine communications, but are not told there is a 1 3 % chance there business will sell to a buyer brought forth by NBCS.

The sales force which experiences extremely high turnover as a result of disappointment when learning NBCS does not perform as they were trained and mentored to believe by a Ted Solomon who has recently pled guilty to conspiracy and money laundering charges (see below), and Strick Hullender, who bought Great Western Business Services after serving as its sales manager and recruiter for some 15 years, changing the company name to National Business Capital Services, NBCS , and continuing to operate the company in a recruiting and poor business practices manner. NBCS has in excess of a dozen (12) consumer complaints with the BBB.

National Business Capital Services, NBCS, pays a few hundred dollars to subcontractors to produce the books they market while charging the business owner community $3,000 to $30,000 for the books and actually performing a buyer / seller deal to the aforementioned 1 3 %.
Buyer Beware !!!

U.S. Department of Justice
United States Attorney Richard B. Roper
Northern District of Texas

FOR IMMEDIATE RELEASE CONTACT: KATHY COLVIN
WEDNESDAY, APRIL 2, 2008
WWW.USDOJ.GOV/USAO/TXN PHONE: (214)659-8600
FAX: (214) 767-2898

MAN PLEADS GUILTY TO CONSPIRACY AND MONEY LAUNDERING
CHARGES IN INTERNET PHARMACY CASE
Sherman Ted Solomon Agrees to Forfeit Nearly $5.7 Million in Cash and Funds
Plus Millions of Dollars of Exclusive Properties in Orange County, Florida

DALLAS In federal court yesterday, Sherman Ted Solomon, 64, currently of Plano, Texas, pled guilty before U.S. District Judge Jorge A. Solis to one count of conspiracy to distribute Schedule III and IV controlled substances and one count of conspiracy to launder the illegally obtained proceeds, in relation to his operation of an Internet Facilitation Center (IFC) website, announced U.S. Attorney Richard B. Roper of the Northern District of Texas. An IFC operates store front websites to facilitate the distribution of controlled substances to Internet customers. The maximum penalties the Court can impose on Solomon are a 25-year sentence, a $750,000 fine and restitution. Sentencing has been set for June 25, 2008.

In documents filed in Court today, Solomon also agreed to forfeit nearly $5.7 million in funds, a vehicle and two pieces of real property in Orange County, Florida. In addition, as part of the plea agreement, the government and Solomon have agreed that a sentence of not longer than 84 months is an appropriate disposition of the case. In the event the Court imposes a longer sentence, Solomon will be given the option of withdrawing his guilty plea.

In 2003, Solomon began discussing with others selling controlled substances over the Internet through an IFC. Two of these individuals operated MS Network as a call center that telephonically conducted medical consults with the Internet customers of IFCs. By March 2004, Solomon's company, Solandra Group, L.L.C. operated and IFC, using discountrx.com; e-discountrx.com; and legitimatesources.com. Initially, Solomon operated Solandra Group/IFC from his residence in Kissimmee, Florida, but from April 2004 until May 2005, he operated it from his residence in Orlando, Florida. From May 2005 until September 21, 2005, Solomon operated it from his residence in Windermere, Florida.

In addition to the sites mentioned above, Solomon also distributed controlled substances through affiliated websites, such as oneworldpharmacy.com; medstomail.com; 1medweb.com; rxhomedelivery.com; and privacyfirst.com. Each of the affiliated websites were owned by other individuals who agreed to offer controlled substances for sale through the Internet, and then redirect the customers to Solomon's IFC.

In the late summer or fall of 2003, Dr. Bill McArthur and others created a call center in Cleveland, Mississippi called Delta Network, Inc. McArthur was the Medical Director; his father, Frank McArthur, was the operations manager. In Spring 2004, Delta became known as Managing Associates Co. and Frank McArthur became its sole proprietor and ran its daily business operations until September 2005.

Solomon admitted that from May 2004 through September 2005, he conspired with the McArthurs, the affiliate owners, the pharmacy owners, and others to distribute controlled substances over the Internet trough Solandra Group/IFC without the issuance of legitimate prescriptions, that is, outside the scope of professional practice and not for a legitimate medical purpose. Solomon also admitted that during the same time period, he conspired with them and would wire transfer the proceeds from and related to the sale of the controlled substances to the participants in the conspiracy for their part in facilitating the distribution of controlled substances. From October 2004 through September 21, 2005, Solomon's IFC and affiliates received approximately $13,139,535 from Internet customers fro the distribution of controlled substances.

From at least November 2004 through September 2005, Solomon conspired with Rakesh Johar Saran, the owner/operator of more than 20 pharmacies in the Northern District of Texas, to fill the drug orders from the e-discountrx.com (and affiliated websites) internet customers. Saran handled the pharmacies' finances through his companies Carrington Health Care Services and/or Infiniti Services Group. Between October 21, 2004, until September 15, 2005, Solomon wire transferred approximately $901,527 to Rakesh Johar Saran's bank as payment to Saran's pharmacies for filling the e-discountrx.com customers' drug orders.

Rakesh Johar Saran pled guilty in November 2006 to several charges related to his role in the conspiracy. He has not yet been sentenced. Dr. Bill McArthur pled guilty to a drug conspiracy charge pursuant to a Rule 20 transfer to the Southern District of Georgia and is to be sentenced next week. Frank McArthur pled guilty to a drug conspiracy and a money laundering conspiracy in December 2007 and is scheduled to be sentenced on May 9, 2008.

Solomon admitted that during the conspiracy, 90% or more of the controlled substances sold by e-discountrx.com was hydrocodone; the remaining 10% included alprazolam and phentermine. Hydrocodone is a Schedule III controlled substance; alprazolam and phentermine are Schedule IV controlled substances.

Solomon also admitted that the physicians didn't conduct telephone consultations with Internet customers nor did they review the medical records or online questionnaires of the internet customers. The physicians didn't verify the identities of the Internet customers; they didn't establish a diagnosis; didn't discuss risks and benefits and didn't attempt to provide appropriate follow-up care.

According to the documents filed in Court, during the pendency of the conspiracy and while Solomon was a participant in the conspiracy, the government can readily prove that Solomon could reasonably foresee the possession with intent to distribute or the distribution in excess of two million hydrocodone pills.

U.S. Attorney Roper praised the investigative efforts of the Drug Enforcement Administration, the Internal Revenue Service - Criminal Investigation, the Federal Bureau of Investigation and the Food and Drug Administration. The case is being prosecuted by Assistant U.S. Attorneys Candy Heath, Mark Penley and John DeLaGarza.

Duped business owner
dallas, Texas
U.S.A.

This report was posted on Ripoff Report on 12/27/2008 05:52 AM and is a permanent record located here: http://www.ripoffreport.com/r/National-Business-Capital-Services-NBCS-Sherman-Ted-Solomon-Strick-Hullender-Jason-Hullender/Dallas-Texas-75234/National-Business-Capital-Services-NBCS-Sherman-Ted-Solomon-Strick-Hullender-Jason-Hul-405207. 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.

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#1 Consumer Suggestion

I am so very grateful not to have duped as a client.

AUTHOR: Business Broker - Member Ibba - (U.S.A.)

I am a veteran member of the International Business Brokers Association and Merger & Acquisition association. Through the years, I have completed a wide range and dozens of sale transactions.

There are businesses that go on the market and never get a nibble. And then there are businesses that receive an offer and fail to close. According to industry experts, Sellers are the primary reason why a business fails to sell. Reasons for Seller failure include lack of flexibility in the sale price and or sale terms and conditions.

Prior to engaging a business, it is standard industry practice to charge for offering documents, valuation / appraisal reports and in some instances, consulting fees.

It is also standard practice to offer a business owner an opportunity to have skin in the game in paying for a portion of the advertising in return for a significant concession on broker commission. This strategy creates a win-win as it increases the sellers net at closing and reduces the selling costs for the broker.

More importantly, the seller is much more committed to the selling process when there is shared risk.

My company's criteria in accepting a listing is to make sure the seller(s) are committed to selling the business. If a seller is unwilling to invest in an appraisal and or business valuation, and necessary offering documents to maximize value and defend the asking price, then I am highly disinclined to represent the seller.

Furthermore, brokers and intermediaries advertise business listings for sale in many of the same places including online business for sale web sites, newspapers, trade publications and journals.

In a number of instances, my experience includes a business owner rejecting offer after offer only to finally accept an offer $150,000 LESS than the previous offers. Then, 10 days prior to close, the buyer cancels the deal. The business eventually closed their doors having missed several major opportunities to sell and the owner missing out on their retirement years.

Throwing rocks at your agent, or claiming ignorance (duped) to your contractual agreement is hardly flattering to your business sense.

As I read the rant by "duped", I am so very grateful not to have duped as a client.
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#2 UPDATE Employee

THE TRANSITION COMPANIES & GENE SARTIN ARE COMMITTED TO EXCELLENCE

AUTHOR: Gene Sartin - (U.S.A.)

Freedom of the press and free expression are truly one of the many foundations that make America a great country. Often, when something is published, the public takes the information as fact without any verification. Moreover, websites like this one, which may have some benefit to the public, do not verify or make any attempt to verify, the factual accuracy of what they publish.

It's truly disheartening to see these freedoms abused with incorrect information, published and posted, without any attempt to verify the truth by the publisher; written by an anonymous source and posted from Shadow, Hills, California.

We believe this report was probably written by a competitor or a former employee that was not up to The Transition Companies LLC (TTC or The Transition Companies) professional, ethical or performance standards.

TTC was forced to part ways with underperforming employee from the east coast. This former employee is attempting to extort an undeserved legal settlement from TTC. He has made many threats and, in fact, mentioned the exact threat of posting erroneous information on this very site. This former employee from the east coast has a son / daughter in Southern California where the anonymous posting claims to be made.

Let's set the record straight. The information on The Transition Companies LLC on our website www.transitioncompanies.com is true and accurate. Neither of TTC's preceding entities ever had any negative claims made in the media, public or published anywhere.

The Transition Companies LLC is not related in anyway to any of the entities or individuals mentioned in the Anonymous, Shadow Hills, California report. The Anonymous, Shadow Hills, California report is simply not factually accurate.

TTC's business model is built on integrity and delivering value to our clients. If we feel we cannot deliver value to a client, we will not accept that client.

In a market where our competitors are suffering badly, The Transition Companies is growing and thriving based on our unique business model that adds value for our clients.

If anyone has any doubts or would like more information, please accept my personal invitation to visit our corporate headquarters in Addison, Texas or call me personally at 972.450.3100.

Gene Sartin
President & CEO
The Transition Companies
5080 Spectrum Drive
Suite 310 W
Addison, Texas 75001
972-450-3100
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#3 REBUTTAL Owner of company

The Transition Companies & Gene Sartin

AUTHOR: Gene Sartin - (U.S.A.)

It is truly unfortunate that people, who are allowed to hide from their true identity, are allowed to make innuendo, false statements, misleading, and untrue comments, such as those posted by Anonymous, Shadow Hills, California, regarding Gene Sartin and The Transition Companies. Gene Sartin nor The Transition Companies has no direct or indirect involvement with any of the individuals nor the companies suggested by the Anonymous poster. Gene Sartin and The Transition Companies represent, in a fair and honest manner, the middle market privately held business owner who seeks to sell or improve the profitability of their business. The services offered by Gene Sartin and The Transition Companies are of the highest quality as attested by its client testimonials and public press releases posted below.

Gene Sartin and The Transition Companies welcome each and every inquiry and commit to serve each of its clients in a highly client centric manner and with performance based criteria.

Gene Sartin
President & CEO
THE TRANSITION COMPANIES
5080 Spectrum Drive
Suite 310 W
Addison, Texas 75001
972-450-3100

--------------------------------------------------------------------------------


U.S.A.

FIRST POST
Small Business Services

The Transition Companies & Gene Sartin

The Transition Companies (TTC") is a leading Mergers and Acquisition ('M&A') firm specializing in confidentially opening the market to maximize the value realized by business owners when selling their privately-held companies. We also provide consulting services, where appropriate, for companies that want to increase earnings now or increase market value for a future sale of their business.

We are available for any and all inquiries.
Gene Sartin
President and CEO
gsartin@transitioncompanies.com
469-774-9894 Direct Line
http://www.transitioncompanies.com

-------------------------------------------------------------------------------


SECOND POST
Small Business Services

The Transition Companies, Transition Companies, Gene Sartin

The Transition Companies, Transition Companies, Gene Sartin History of The Transition Companies

The Transition Companies was founded in 1988 as a consulting and M&A firm called Succel Inc. ('Succel'). Succel originally provided turnaround consulting expertise to increase the value of private-held companies. In the mid 1990's, Succel expanded into a full service M&A and consulting professional services firm that maximized the value of privately-held companies through an M&A sale or consulting services.

In mid 2008, The Transition Companies was formed through the merger of Succel with InterPrise M&A LLC ('InterPrise'). InterPrise, founded in 1994 with 3 US offices and 1 European office, was a leading nationwide middle market M&A firm that specialized in the sale of privately-held companies. The Transition Companies is the pre-eminent professional services firm providing complete exit and transition strategies for owners of privately held companies seeking to maximize the proceeds from the sale of their companies or increase value prior to going to market.

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.com

--------------------------------------------------------------------------------


THIRD POST
Small Business Services

T T C, Transition Companies, Transition Company, Companies In Transition, Gene Sartin

Transition Companies, Gene Sartin, Transition Companies Advises Windo-Shade, Assisting Companies In Transition. Transition Companies, Advised Windo-Shade Distributors, Inc. on Sale to Innovus Investment Holding of Galveston Texas, The Transition Companies is in Dallas Texas, Assisting Companies in Transition. Mendham New Jersey.

Newswire:
http://www.newswiretoday.com/news/43933/ /newswire/ - Dallas, TX, United States, 12/11/2008. The Transition Companies, LLC (TTC") is pleased to announce the sale of Windo-Shade Distributors Inc. (Windo-Shade") of Galveston, Texas to Innovus Investment Holdings LLC (Innovus"). TTC acted as Windo-Shade's exclusive M&A advisor for this transaction.??Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 318 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists". The shareholders of Windo-Shade were able to choose the transaction with the buyer that best met their personal objectives".

The middle markets are still vibrant for profitable, well managed companies" said Gene Sartin, CEO of The Transition Companies.??

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ('M&A') firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.??The Transition Companies (transitioncompanies.com), originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide.??The sale of an entrepreneur's business is frequently the largest and most important financial event of his or her life - for most, it is an opportunity that will be presented only once. The successful sale of a business requires a carefully planned and methodically structured process in which each step is done right - the first time - when seeking to maximize the financial reward. These goals were accomplished in this transaction.

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.biz

--------------------------------------------------------------------------------

FOURTH POST
Small Business Services

TTC, For Companies In Transition, For The Transition Companies, And Gene Sartin, With Offices in Dallas Texas. And Offices in New Jersey.

For The Transition Companies, And Gene Sartin, I would recommend your company to whoever asks. Please feel free to use this letter of recommendation with any potential client you may have. The Transition Companies is in Dallas Texas, Assisting Companies in Transition. Also Offices in Mendham New Jersey.

To: The Transition Companies and Gene Sartin
From: Flow Products International Management, Inc.
Reference : Project 0725

Dear Mr. Sartin,
I have been requested to write a letter to basically review the reason for requesting your help and I am doing so gladly.
Upon meeting you in Houston, I listened intently as I am a newcomer being in business for myself. I had thought I was very successful until I listened to you and your associates. Soon I saw that I needed to do several things to get my company ready to sell knowing that the process might take some time. I knew that I would make a grave mistake if I did not get the help that I needed.
During our initial meeting, it became very clear that I was facing challenges. Your representative and I had a very candid conversation and both agreed that I needed to get deeper into the organization structure and daily operation of my business. The suggestions all made sense, were extremely enlightening and I felt that I was going to get the help I needed. When I say help, I really mean guidance as I was not getting it from those whom I was relying on at that time.
Upon your analyst arrival, the project as explained to me, was to get me moving in the correct direction while maximizing my current abilities and give me the instructions that I needed to move forward in a most positive manner. Issues we covered in detail, some more that others were :

Structuring the functional organization Very Helpful
Financial organization/reorganization Desperately needed
Responsibility and accountability Very Helpful
Employee handbook development A Work in Process
Goal setting and Planning Cleared the path to glory
Delegation of Authority A work in Process
Labor Burden determination Basic
Setting Policy and Written Procedures A Work in Process
Job Costing and Pricing Basic
Determining Overhead Rate Very Helpful
Breakeven Point Very Helpful
Employee Incentive Programs A Work in Process
Develop comprehensive company policies A Work in Process
Profit and Expense Controls Very Helpful
Company Safety Policy Will have ISO certification next month
Cash Flow/Cash Management Very Helpful
Company Drug & Alcohol Policy Already doing
Financial Forecasting and Analysis Extremely Helpful
Job Descriptions I like Randy's better than mine
Profit Planning and Engineering A work in Process
Employee Training & Development A work in Process
Purchasing Controls Very Helpful

All of the above became very clear to your analyst once he heard my history. This is when I studied the 80-20" rule and realized I was 99-1". After the first week I started to really take a look at what had happened and then started to understand what needed to happen. Every day it became clearer and clearer once I understood that I should not take my challenges out on myself. The summary pages and the documents given to me were easy to read and easy to understand. Any question that I had was answered directly or with an analogy which is the way I understand the best.
Having stated all of this, I believe that staying on the plan laid out to me, my company will operate much more efficiently as well as more profitable. I have the guidelines to refer to, and with time will be able to teach my subordinates as well. This will make my life much easier.
Gene, as we discussed on the phone, I was in shock with regard to the investment I was about to make; however after time spent with your analyst, I would recommend your services to anyone who gave me the opportunity. Further, I would recommend your company to whoever asks. Please feel free to use this letter of recommendation with any potential client you may have. I do not think it is the size of the business or the type of business, we all have our own goals and dreams. Most companies I am sure just need a little tweaking and proper planning to get to where they want to go quicker and with fewer problems.
Again, anything I can do to assist you in achieving your goals, please contact me.

Very truly yours.
Ronald E. Veatch, President

Client and Public Relations
The Transition Companies

(Contact information can be obtained by phoning the The Transition Companies offices.)
--------------------------------------------------------------------------------

FIFTH POST
Small Business Services

The Transition Companies, Transition Solutions, Main Street Transition Solutions, LLC, Gene Sartin

The Transition Companies LLC (TTC") announces the sale of King Oil Company of Hagerstown, Maryland to a Private Investor.

PRLog (Press Releases)
http://pressroom.prlog.org/Transition_Companies/ /Dec 19, 2008 The Transition Companies LLC (TTC") is pleased to announce the sale of King Oil Company of Hagerstown, Maryland to a Private Investor. TTC acted as King Oil's M&A Advisor for this transaction.

TTC's transactional team included Charles Boyer who advised King Oil in opening the process, Gary Brown who worked thru the final closing and Brandon Fitzgerald who directed the various marketing activities that produced the successful sale of the company.

Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 157 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists". The owners of King Oil Company were able to choose the transaction with the buyer that best met their personal objectives"

While the high end, mega M&A market is at an effective halt, demand still exists for profitable, well managed middle market companies" said Gene Sartin, CEO of The Transition Companies.

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ('M&A') firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.

The Transition Companies, originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.com
--------------------------------------------------------------------------------

SIXTH POST
Small Business Services

The Transition Companies, LLC & Gene Sartin

To: The Transition Companies
From Kitmund Electric

Dear Mr. Sartin,
I am very happy that we held this two week session. I saw the value of what we accomplished. I am hopeful this will translate into more value for my company's sale price. It went well and I have enjoyed having your analyst as part of our team. He told me your company will be available for further questions and support as we need it. I appreciate that. Therefore, thank you for your work and I am sure the changes made will make a difference. This will at least free me up to not have to do everything I did before.

Sincerely,
Jim Johnson, President

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.com

--------------------------------------------------------------------------------

SEVENTH POST:

The Transition Companies Moves Corporate Headquarters


The Transitions Companies announces its move to a larger headquarters facility and offices needed to accommodate the company's growing and expanding business base.


Dallas, TX, February 04, 2009 --(PR.com)-- The Transition Companies (TTC) is pleased to announce the relocation of its Dallas headquarters to new corporate offices at 5080 Spectrum Drive, Suite 310W in Addison, Texas 75001. The new and larger facility and corporate offices will support the growth and expansion of The Transition Companies in the near future and well into the out years. The new corporate office is approximately four times the size of the previous office and will house Executive staff, business development and information technology functions.

Gene Sartin, President of TTC said The owners of privately-held companies receive value from our unique business model. Regardless of current market conditions, there's no substitute for delivering value to our clients.

TTC is growing our business base. While many financial services companies, banks and M&A firms are contracting, TTC's controlled growth requires we expand our corporate headquarters facility, said Mike Ryan, Executive Vice President of TTC.

The Transition Companies ("TTC"), headquartered in Dallas, Texas with offices in California, Florida and New Jersey, is a leading nationwide Mergers and Acquisitions ("M&A") firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. The Transition Companies also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.

Contact:
The Transition Companies
Client Services
5080 Spectrum Drive, Suite 310W
Addison, Texas 75001
United States

Founded in 1988
Phone: 800.704.6201
Fax: 972.450.3101

http://www.TransitionCompanies.com
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#4 REBUTTAL Owner of company

The Transition Companies & Gene Sartin

AUTHOR: Gene Sartin - (U.S.A.)

It is truly unfortunate that people, who are allowed to hide from their true identity, are allowed to make innuendo, false statements, misleading, and untrue comments, such as those posted by Anonymous, Shadow Hills, California, regarding Gene Sartin and The Transition Companies. Gene Sartin nor The Transition Companies has no direct or indirect involvement with any of the individuals nor the companies suggested by the Anonymous poster. Gene Sartin and The Transition Companies represent, in a fair and honest manner, the middle market privately held business owner who seeks to sell or improve the profitability of their business. The services offered by Gene Sartin and The Transition Companies are of the highest quality as attested by its client testimonials and public press releases posted below.

Gene Sartin and The Transition Companies welcome each and every inquiry and commit to serve each of its clients in a highly client centric manner and with performance based criteria.

Gene Sartin
President & CEO
THE TRANSITION COMPANIES
5080 Spectrum Drive
Suite 310 W
Addison, Texas 75001
972-450-3100

--------------------------------------------------------------------------------


U.S.A.

FIRST POST
Small Business Services

The Transition Companies & Gene Sartin

The Transition Companies (TTC") is a leading Mergers and Acquisition ('M&A') firm specializing in confidentially opening the market to maximize the value realized by business owners when selling their privately-held companies. We also provide consulting services, where appropriate, for companies that want to increase earnings now or increase market value for a future sale of their business.

We are available for any and all inquiries.
Gene Sartin
President and CEO
gsartin@transitioncompanies.com
469-774-9894 Direct Line
http://www.transitioncompanies.com

-------------------------------------------------------------------------------


SECOND POST
Small Business Services

The Transition Companies, Transition Companies, Gene Sartin

The Transition Companies, Transition Companies, Gene Sartin History of The Transition Companies

The Transition Companies was founded in 1988 as a consulting and M&A firm called Succel Inc. ('Succel'). Succel originally provided turnaround consulting expertise to increase the value of private-held companies. In the mid 1990's, Succel expanded into a full service M&A and consulting professional services firm that maximized the value of privately-held companies through an M&A sale or consulting services.

In mid 2008, The Transition Companies was formed through the merger of Succel with InterPrise M&A LLC ('InterPrise'). InterPrise, founded in 1994 with 3 US offices and 1 European office, was a leading nationwide middle market M&A firm that specialized in the sale of privately-held companies. The Transition Companies is the pre-eminent professional services firm providing complete exit and transition strategies for owners of privately held companies seeking to maximize the proceeds from the sale of their companies or increase value prior to going to market.

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.com

--------------------------------------------------------------------------------


THIRD POST
Small Business Services

T T C, Transition Companies, Transition Company, Companies In Transition, Gene Sartin

Transition Companies, Gene Sartin, Transition Companies Advises Windo-Shade, Assisting Companies In Transition. Transition Companies, Advised Windo-Shade Distributors, Inc. on Sale to Innovus Investment Holding of Galveston Texas, The Transition Companies is in Dallas Texas, Assisting Companies in Transition. Mendham New Jersey.

Newswire:
http://www.newswiretoday.com/news/43933/ /newswire/ - Dallas, TX, United States, 12/11/2008. The Transition Companies, LLC (TTC") is pleased to announce the sale of Windo-Shade Distributors Inc. (Windo-Shade") of Galveston, Texas to Innovus Investment Holdings LLC (Innovus"). TTC acted as Windo-Shade's exclusive M&A advisor for this transaction.??Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 318 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists". The shareholders of Windo-Shade were able to choose the transaction with the buyer that best met their personal objectives".

The middle markets are still vibrant for profitable, well managed companies" said Gene Sartin, CEO of The Transition Companies.??

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ('M&A') firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.??The Transition Companies (transitioncompanies.com), originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide.??The sale of an entrepreneur's business is frequently the largest and most important financial event of his or her life - for most, it is an opportunity that will be presented only once. The successful sale of a business requires a carefully planned and methodically structured process in which each step is done right - the first time - when seeking to maximize the financial reward. These goals were accomplished in this transaction.

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.biz

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FOURTH POST
Small Business Services

TTC, For Companies In Transition, For The Transition Companies, And Gene Sartin, With Offices in Dallas Texas. And Offices in New Jersey.

For The Transition Companies, And Gene Sartin, I would recommend your company to whoever asks. Please feel free to use this letter of recommendation with any potential client you may have. The Transition Companies is in Dallas Texas, Assisting Companies in Transition. Also Offices in Mendham New Jersey.

To: The Transition Companies and Gene Sartin
From: Flow Products International Management, Inc.
Reference : Project 0725

Dear Mr. Sartin,
I have been requested to write a letter to basically review the reason for requesting your help and I am doing so gladly.
Upon meeting you in Houston, I listened intently as I am a newcomer being in business for myself. I had thought I was very successful until I listened to you and your associates. Soon I saw that I needed to do several things to get my company ready to sell knowing that the process might take some time. I knew that I would make a grave mistake if I did not get the help that I needed.
During our initial meeting, it became very clear that I was facing challenges. Your representative and I had a very candid conversation and both agreed that I needed to get deeper into the organization structure and daily operation of my business. The suggestions all made sense, were extremely enlightening and I felt that I was going to get the help I needed. When I say help, I really mean guidance as I was not getting it from those whom I was relying on at that time.
Upon your analyst arrival, the project as explained to me, was to get me moving in the correct direction while maximizing my current abilities and give me the instructions that I needed to move forward in a most positive manner. Issues we covered in detail, some more that others were :

Structuring the functional organization Very Helpful
Financial organization/reorganization Desperately needed
Responsibility and accountability Very Helpful
Employee handbook development A Work in Process
Goal setting and Planning Cleared the path to glory
Delegation of Authority A work in Process
Labor Burden determination Basic
Setting Policy and Written Procedures A Work in Process
Job Costing and Pricing Basic
Determining Overhead Rate Very Helpful
Breakeven Point Very Helpful
Employee Incentive Programs A Work in Process
Develop comprehensive company policies A Work in Process
Profit and Expense Controls Very Helpful
Company Safety Policy Will have ISO certification next month
Cash Flow/Cash Management Very Helpful
Company Drug & Alcohol Policy Already doing
Financial Forecasting and Analysis Extremely Helpful
Job Descriptions I like Randy's better than mine
Profit Planning and Engineering A work in Process
Employee Training & Development A work in Process
Purchasing Controls Very Helpful

All of the above became very clear to your analyst once he heard my history. This is when I studied the 80-20" rule and realized I was 99-1". After the first week I started to really take a look at what had happened and then started to understand what needed to happen. Every day it became clearer and clearer once I understood that I should not take my challenges out on myself. The summary pages and the documents given to me were easy to read and easy to understand. Any question that I had was answered directly or with an analogy which is the way I understand the best.
Having stated all of this, I believe that staying on the plan laid out to me, my company will operate much more efficiently as well as more profitable. I have the guidelines to refer to, and with time will be able to teach my subordinates as well. This will make my life much easier.
Gene, as we discussed on the phone, I was in shock with regard to the investment I was about to make; however after time spent with your analyst, I would recommend your services to anyone who gave me the opportunity. Further, I would recommend your company to whoever asks. Please feel free to use this letter of recommendation with any potential client you may have. I do not think it is the size of the business or the type of business, we all have our own goals and dreams. Most companies I am sure just need a little tweaking and proper planning to get to where they want to go quicker and with fewer problems.
Again, anything I can do to assist you in achieving your goals, please contact me.

Very truly yours.
Ronald E. Veatch, President

Client and Public Relations
The Transition Companies

(Contact information can be obtained by phoning the The Transition Companies offices.)
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FIFTH POST
Small Business Services

The Transition Companies, Transition Solutions, Main Street Transition Solutions, LLC, Gene Sartin

The Transition Companies LLC (TTC") announces the sale of King Oil Company of Hagerstown, Maryland to a Private Investor.

PRLog (Press Releases)
http://pressroom.prlog.org/Transition_Companies/ /Dec 19, 2008 The Transition Companies LLC (TTC") is pleased to announce the sale of King Oil Company of Hagerstown, Maryland to a Private Investor. TTC acted as King Oil's M&A Advisor for this transaction.

TTC's transactional team included Charles Boyer who advised King Oil in opening the process, Gary Brown who worked thru the final closing and Brandon Fitzgerald who directed the various marketing activities that produced the successful sale of the company.

Michael Ryan, Executive Director of Transactions at TTC said we opened the market using our proprietary buyer list consisting of 157 prospective buyers. These resources resulted in numerous interested parties finishing with several finalists". The owners of King Oil Company were able to choose the transaction with the buyer that best met their personal objectives"

While the high end, mega M&A market is at an effective halt, demand still exists for profitable, well managed middle market companies" said Gene Sartin, CEO of The Transition Companies.

The Transition Companies, headquartered in Dallas, Texas is a leading Mergers and Acquisition ('M&A') firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. TTC also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.

The Transition Companies, originally founded in 1988, has 4 offices nationwide and a dedicated professional team of 105 Associates. TTC's team of professionals has provided valuation, consulting and executed M&A sale transactions for hundreds of companies across all industry sectors nationwide

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.com
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SIXTH POST
Small Business Services

The Transition Companies, LLC & Gene Sartin

To: The Transition Companies
From Kitmund Electric

Dear Mr. Sartin,
I am very happy that we held this two week session. I saw the value of what we accomplished. I am hopeful this will translate into more value for my company's sale price. It went well and I have enjoyed having your analyst as part of our team. He told me your company will be available for further questions and support as we need it. I appreciate that. Therefore, thank you for your work and I am sure the changes made will make a difference. This will at least free me up to not have to do everything I did before.

Sincerely,
Jim Johnson, President

Client and Public Relations
The Transition Companies
Phone 800-704-6201
http://www.transitioncompanies.com

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SEVENTH POST:

The Transition Companies Moves Corporate Headquarters


The Transitions Companies announces its move to a larger headquarters facility and offices needed to accommodate the company's growing and expanding business base.


Dallas, TX, February 04, 2009 --(PR.com)-- The Transition Companies (TTC) is pleased to announce the relocation of its Dallas headquarters to new corporate offices at 5080 Spectrum Drive, Suite 310W in Addison, Texas 75001. The new and larger facility and corporate offices will support the growth and expansion of The Transition Companies in the near future and well into the out years. The new corporate office is approximately four times the size of the previous office and will house Executive staff, business development and information technology functions.

Gene Sartin, President of TTC said The owners of privately-held companies receive value from our unique business model. Regardless of current market conditions, there's no substitute for delivering value to our clients.

TTC is growing our business base. While many financial services companies, banks and M&A firms are contracting, TTC's controlled growth requires we expand our corporate headquarters facility, said Mike Ryan, Executive Vice President of TTC.

The Transition Companies ("TTC"), headquartered in Dallas, Texas with offices in California, Florida and New Jersey, is a leading nationwide Mergers and Acquisitions ("M&A") firm specializing in confidentially opening the market to maximize the value realized by the owners when selling their privately-held companies. The Transition Companies also provides consulting services for companies that want to increase earnings now or increase market value for a future sale.

Contact:
The Transition Companies
Client Services
5080 Spectrum Drive, Suite 310W
Addison, Texas 75001
United States

Founded in 1988
Phone: 800.704.6201
Fax: 972.450.3101

http://www.TransitionCompanies.com
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#5 Consumer Comment

NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

AUTHOR: Anonymous - (U.S.A.)

As you have no doubt already read in this referenced article, the US Department of Justice has recognized that business owners do not seem to get what they have bargained for when they contract for services with a company associated with Ted Solomon, Strick Hullender, and company. The Dallas Companies of Great Western, GW Equity, NBCS and now Transition Companies have too much in common, namely, the same cast of characters have been involved in all of them. Hullender bought Great Western, Gene Sartin worked for Great Western and was an executive at GW Equity. Ted Solomon has been involved in all of them. He trained most of the NBCS independent representatives and is listed on the company organizational chart for Transition Companies. These guys look smooth, dress smooth and talk smooth. Make sure if you are approached to do business with NBCS, GW Equities or the Transition Companies, that you look very, very, did I say very long and hard at their list of promises. Make sure that the time line of their existence makes sense. Carefully check the references for exactly their involvement in any transaction. Transition Companies seems to be the latest and greatest addition to list list of Dallas Companies who are experts in the sale of privately held small to medium companies. Their website and collateral materials indicate that they have been around for many years. The BBB in greater Dallas represents that Transition Companies has been a member since October of 08, WHEN THEY WERE FORMED. Further investigation has connected, Succel, Inc. and a Mergers and Acquisition company as combining to form The Transition Companies. The time line on this places Gene Sartin who is the listed principal of Succel, in a position of being Sales Manager of GW Equity, while at the same time actively running Succel. If they seem too smooth, if it sounds too good to be true, and they want you to write a check on the spot- be extra, extra did I say extra careful.
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#6 Consumer Comment

NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

AUTHOR: Anonymous - (U.S.A.)

As you have no doubt already read in this referenced article, the US Department of Justice has recognized that business owners do not seem to get what they have bargained for when they contract for services with a company associated with Ted Solomon, Strick Hullender, and company. The Dallas Companies of Great Western, GW Equity, NBCS and now Transition Companies have too much in common, namely, the same cast of characters have been involved in all of them. Hullender bought Great Western, Gene Sartin worked for Great Western and was an executive at GW Equity. Ted Solomon has been involved in all of them. He trained most of the NBCS independent representatives and is listed on the company organizational chart for Transition Companies. These guys look smooth, dress smooth and talk smooth. Make sure if you are approached to do business with NBCS, GW Equities or the Transition Companies, that you look very, very, did I say very long and hard at their list of promises. Make sure that the time line of their existence makes sense. Carefully check the references for exactly their involvement in any transaction. Transition Companies seems to be the latest and greatest addition to list list of Dallas Companies who are experts in the sale of privately held small to medium companies. Their website and collateral materials indicate that they have been around for many years. The BBB in greater Dallas represents that Transition Companies has been a member since October of 08, WHEN THEY WERE FORMED. Further investigation has connected, Succel, Inc. and a Mergers and Acquisition company as combining to form The Transition Companies. The time line on this places Gene Sartin who is the listed principal of Succel, in a position of being Sales Manager of GW Equity, while at the same time actively running Succel. If they seem too smooth, if it sounds too good to be true, and they want you to write a check on the spot- be extra, extra did I say extra careful.
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#7 Consumer Comment

NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

AUTHOR: Anonymous - (U.S.A.)

As you have no doubt already read in this referenced article, the US Department of Justice has recognized that business owners do not seem to get what they have bargained for when they contract for services with a company associated with Ted Solomon, Strick Hullender, and company. The Dallas Companies of Great Western, GW Equity, NBCS and now Transition Companies have too much in common, namely, the same cast of characters have been involved in all of them. Hullender bought Great Western, Gene Sartin worked for Great Western and was an executive at GW Equity. Ted Solomon has been involved in all of them. He trained most of the NBCS independent representatives and is listed on the company organizational chart for Transition Companies. These guys look smooth, dress smooth and talk smooth. Make sure if you are approached to do business with NBCS, GW Equities or the Transition Companies, that you look very, very, did I say very long and hard at their list of promises. Make sure that the time line of their existence makes sense. Carefully check the references for exactly their involvement in any transaction. Transition Companies seems to be the latest and greatest addition to list list of Dallas Companies who are experts in the sale of privately held small to medium companies. Their website and collateral materials indicate that they have been around for many years. The BBB in greater Dallas represents that Transition Companies has been a member since October of 08, WHEN THEY WERE FORMED. Further investigation has connected, Succel, Inc. and a Mergers and Acquisition company as combining to form The Transition Companies. The time line on this places Gene Sartin who is the listed principal of Succel, in a position of being Sales Manager of GW Equity, while at the same time actively running Succel. If they seem too smooth, if it sounds too good to be true, and they want you to write a check on the spot- be extra, extra did I say extra careful.
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#8 Consumer Comment

NBCS, Transition Companies, Ted Solomon, Strick Hullender, Gene Sartin, Great Western, GW Equity are all involved in the same antics

AUTHOR: Anonymous - (U.S.A.)

As you have no doubt already read in this referenced article, the US Department of Justice has recognized that business owners do not seem to get what they have bargained for when they contract for services with a company associated with Ted Solomon, Strick Hullender, and company. The Dallas Companies of Great Western, GW Equity, NBCS and now Transition Companies have too much in common, namely, the same cast of characters have been involved in all of them. Hullender bought Great Western, Gene Sartin worked for Great Western and was an executive at GW Equity. Ted Solomon has been involved in all of them. He trained most of the NBCS independent representatives and is listed on the company organizational chart for Transition Companies. These guys look smooth, dress smooth and talk smooth. Make sure if you are approached to do business with NBCS, GW Equities or the Transition Companies, that you look very, very, did I say very long and hard at their list of promises. Make sure that the time line of their existence makes sense. Carefully check the references for exactly their involvement in any transaction. Transition Companies seems to be the latest and greatest addition to list list of Dallas Companies who are experts in the sale of privately held small to medium companies. Their website and collateral materials indicate that they have been around for many years. The BBB in greater Dallas represents that Transition Companies has been a member since October of 08, WHEN THEY WERE FORMED. Further investigation has connected, Succel, Inc. and a Mergers and Acquisition company as combining to form The Transition Companies. The time line on this places Gene Sartin who is the listed principal of Succel, in a position of being Sales Manager of GW Equity, while at the same time actively running Succel. If they seem too smooth, if it sounds too good to be true, and they want you to write a check on the spot- be extra, extra did I say extra careful.
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#9 Consumer Comment

NBCS is as good as advertised

AUTHOR: Business Intermediary - (U.S.A.)

I am not an employee of National Business Capital Services, and I never have been an employee of the company. I am a successful independent business intermediary with 15 years experience. For the last 3 years I have enjoyed a working referral relationship with the company. They have referred hundreds of well-qualified prospective business buyers who are serious about locating and acquiring the right business.
NBCS has referred individuals, companies and private equity firms as prospective buyers on my business listings. They always refer multiple buyers for my listings. I have completed transactions with these buyers, and I have transactions working now on several projects in several states. In my opinion NBCS is even better than advertised.
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#10 Consumer Comment

NBCS is as good as advertised

AUTHOR: Business Intermediary - (U.S.A.)

I am not an employee of National Business Capital Services, and I never have been an employee of the company. I am a successful independent business intermediary with 15 years experience. For the last 3 years I have enjoyed a working referral relationship with the company. They have referred hundreds of well-qualified prospective business buyers who are serious about locating and acquiring the right business.
NBCS has referred individuals, companies and private equity firms as prospective buyers on my business listings. They always refer multiple buyers for my listings. I have completed transactions with these buyers, and I have transactions working now on several projects in several states. In my opinion NBCS is even better than advertised.
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#11 Consumer Comment

NBCS is as good as advertised

AUTHOR: Business Intermediary - (U.S.A.)

I am not an employee of National Business Capital Services, and I never have been an employee of the company. I am a successful independent business intermediary with 15 years experience. For the last 3 years I have enjoyed a working referral relationship with the company. They have referred hundreds of well-qualified prospective business buyers who are serious about locating and acquiring the right business.
NBCS has referred individuals, companies and private equity firms as prospective buyers on my business listings. They always refer multiple buyers for my listings. I have completed transactions with these buyers, and I have transactions working now on several projects in several states. In my opinion NBCS is even better than advertised.
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#12 UPDATE Employee

National Business Capital Services LLC victim of false reporting

AUTHOR: Anonymous - (U.S.A.)

Reference: National Business Capital Services, NBCS
Sherman Ted Solomon, Stick Hullender and Jason Hullender

The True objective of NBCS according to CEO Strick Hullender is to confidentially locate buyers of businesses through internet ads, printed media, trade journals and newspapers. In turn, an NBCS consultant is dispatched to a business whose owner has indicated a desire to sell to perform an on site inspection and discuss various options in selling and or exiting the business. NBCS creates a confidential listing of businesses that hire NBCS to assist them in finding buyers through an ongoing matching of buyers and sellers. NBCS agrees with the business and its owner to market and advertise the business for up to three (3) years or until the business owner indicates he/she is no longer interested in selling or sells to a buyer not found by NBCS.

It is part of the service, at the discretion of the business owner, to have prepared documentation to help the business understand its value and thus be able to justify the price the owner's want.
NBCS does not project or in any way state (as stated in its advertising agreement) that the business will sell or for how much money.

It is imperative that the business owner be made aware that NBCS is not acting as a broker to sell but acts in an advertising and marketing capacity. NBCS does not know if or when a business may sell, but acts to assist the business owner sell the business in the following way:

NBCS is providing advertising services as described herein and is not performing any real estate brokerage services and will only receive a Satisfaction Fee arising out of the Business selling to or receiving capital funding through a source introduced through NBCS' efforts.

NBCS has experienced only two complaints since purchasing the GWBS company, both having being resolved. The accredited business valuations, business reviews and Art of the Deal booklet are only a small part of the services performed, if selected by the business owner.

Mr. Hullender asserted the information provided by Rip-off is inaccurate at best and is an outright malicious intent to hurt NBCS. It is unfortunate that individuals, who themselves have no need to disclose their identity or their motives, are free to malign others, whether individuals or businesses, through either outright misinformation or inaccurate or incomplete information.
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