• Report: #113214

Complaint Review: Richard P. Underwood , OTR Media, Allied Energy,

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  • Submitted: Sat, October 16, 2004
  • Updated: Tue, November 16, 2010

  • Reported By:Victor New York
Richard P. Underwood , OTR Media, Allied Energy,
2800 Griffin Drive Bowling Green, Kentucky U.S.A.

Richard P. Underwood, Ric OTR Media, Allied Energy, All American Investors Group Engaging in a Pattern of Corrupt Activity , Boiler Room Stock Sales, Misrepresentations Bowling Green & Houston Kentucky & Texas

*UPDATE EX-employee responds: Dan is wrong

*UPDATE EX-employee responds: Dan is wrong

*UPDATE EX-employee responds: Dan is wrong

*UPDATE EX-employee responds: Dan is wrong

*Author of original report: Is Ric Underwood a Psychopath?

*Author of original report: Bradley T. Lancaster caught in yet another lie........

*Consumer Comment: There was some good in OTR

*UPDATE EX-employee responds: Phoenix

*Consumer Comment: hmmmm

*UPDATE EX-employee responds: Daniel Victor doesn't know me!!

*Author of original report: Slick Ric does it again, sold out OTR Media Investors!

*UPDATE EX-employee responds: WATCH OUT HERE THEY COME

*UPDATE EX-employee responds: WATCH OUT HERE THEY COME

*UPDATE EX-employee responds: WATCH OUT HERE THEY COME

*UPDATE EX-employee responds: WATCH OUT HERE THEY COME

*Author of original report: Justin Edmund Crandall... Another "Boiler Room" Salesman

*Consumer Comment: the real justin e. crandall

*Author of original report: Ric Underwood ......Pathological Liar

*UPDATE EX-employee responds: It's Time the Truth was Told

*Author of original report: Give us the bottom line Ric Underwood.........

*REBUTTAL Individual responds: LAST RESPONSE

*Author of original report: Slick Ric... More misleading statements of fact.

*REBUTTAL Individual responds: Disgruntled Dan - NOT INTERESTED IN THE TRUTH

*REBUTTAL Individual responds: Disgruntled Dan - NOT INTERESTED IN THE TRUTH

*Author of original report: OTR Media, Bowling Green Kentucky, Private Placement Stock ..another instance of theft and fraud!

*Author of original report: OTR Media, Bowling Green Kentucky, Private Placement Stock ..another instance of theft and fraud!

*Author of original report: OTR Media, Bowling Green Kentucky, Private Placement Stock ..another instance of theft and fraud!

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Bradley T. Lancaster and Richard P. Underwood of 2800 Griffin Drive, Bowling Green Kentucky regarding a Private Placement offering called OTR MEDIA initially solicited me during the month of September of 2002. This was the very first time that I had any contact with either of these individuals. Since I wasn't an accredited investor I really wasn't looking to incur the risks associated with private placements.

I purchased 5000 shares at $1.00 per share after I was assured by both individuals that OTR Media would start paying dividends by January of 2003 and at the latest June of 2002 then again in January 2004; I would never have invested otherwise. Richard Underwood even claimed that that OTR Media would be a 600 million-dollar company within 3 years and claimed publicly traded on the NASDAQ by December of 2003.

To this day October 2004, I have yet to see one dime of the initial money that was invested and the company is still not publicly traded even after this was promised a year ago. Every time I call and ask about the company for the past 2 years for( Financial Statements etc. ) all I ever get are excuses and delays. Terrence McCaffrey even told me that OTR was now worth 3 dollars a share and Bradley T. Lancaster was telling other prospective clients that OTR was paying dividends! What lies.

I was told that the former President of OTR embezzeled much of the money ( 4.1 million ) raised for development of OTR Media.

What I have discovered is that Richard P. Underwood has been involved in the sale of Unregistered Oil and Gas limited partnerships with a con man named David Rose(Robo Enterprises and Sunclear Energy) since before the year 2000 both of which have went bankrupt with investors losing mulit-millions of dollars. In fact Richard P. Underwood has been named in a lawsuit by a former client of SunClear Energy.


Now in addition to OTR Media, his unlicensed unregistered sales force is now selling shares of Allied Energy Group. www.alliedenergy.com

RED ALERT !WARNING! Do not trust your hard earned money with these scammers.

Richard Underwood manages approximately 30 unregistered salesmen( Pitchmen / Con Men ) at the Bowling Green / Houston addresses who are using boiler room sales tactics to sell unregistered securities that have in my opinion, no promise of ever making a profit for anyone who invests, except for those salesmen and management who sell shares to suckers.

It is also my opinion that since these people have never made any kind of return for investors, other unsuspecting individuals in the future will lose millions more.

The Texas State Security Board has recently issued a Cease and Desist Order ( ENF-04-CDO-1562/1555) March 2004, against Allied Energy Group, Allied Syndications, Richard P. Underwood, Terrence McCaffrey, H. Ray Spagnuolo and Mark DeForest Beck of 510 Bering Drive Suite 300 Houston Texas 77057 and at 2800 Griffin Drive Bowling Green Kentucky 42101, for materially misleading conduct and likely to deceive the public.

In addition to the above Richard P. Underwood of All American Investors Group, was issued a Cease and Desist Order by the Kentucky Department of Financial Institutions on or about May 2003.

Daniel
Victor, New York
U.S.A.

This report was posted on Ripoff Report on 10/16/2004 08:24 AM and is a permanent record located here: http://www.ripoffreport.com/r/Richard-P-Underwood-OTR-Media-Allied-Energy/Bowling-Green-Kentucky-42101/Richard-P-Underwood-Ric-OTR-Media-Allied-Energy-All-American-Investors-Group-Engaging-113214. 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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Updates & Rebuttals

#1 UPDATE EX-employee responds

Dan is wrong

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

dan,

you keep blaming me ...all I did was what i was told ....I believed in otr blindly maybe but sincerely oh well Iam honest I tried to help others with this why dont we all sue impart media of seattle and see where that leads btw I had 60000 shares my self Ric promised that they would belong to my son if anything happened to me ...so there you go
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#2 UPDATE EX-employee responds

Dan is wrong

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

dan,

you keep blaming me ...all I did was what i was told ....I believed in otr blindly maybe but sincerely oh well Iam honest I tried to help others with this why dont we all sue impart media of seattle and see where that leads btw I had 60000 shares my self Ric promised that they would belong to my son if anything happened to me ...so there you go
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#3 UPDATE EX-employee responds

Dan is wrong

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

dan,

you keep blaming me ...all I did was what i was told ....I believed in otr blindly maybe but sincerely oh well Iam honest I tried to help others with this why dont we all sue impart media of seattle and see where that leads btw I had 60000 shares my self Ric promised that they would belong to my son if anything happened to me ...so there you go
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#4 UPDATE EX-employee responds

Dan is wrong

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

dan,

you keep blaming me ...all I did was what i was told ....I believed in otr blindly maybe but sincerely oh well Iam honest I tried to help others with this why dont we all sue impart media of seattle and see where that leads btw I had 60000 shares my self Ric promised that they would belong to my son if anything happened to me ...so there you go
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#5 Author of original report

Is Ric Underwood a Psychopath?

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

Background:

Psychopaths succeed in conventional society in large measure because few of us grasp that they are fundamentally different from ourselves. We assume that they, too, care about other people's feelings. This makes it easier for them to "play" us. Although they lack empathy, they develop an actor's expertise in evoking ours and a psychopath is playing a short-term parasitic game.

Psychopaths are typically very likable. They make us believe that they reciprocate our loyalty and friendship. When we realize that they were conning us all along, we feel betrayed and foolish.


For each question, score 2 points for "yes," 1 point for "somewhat" or "maybe," and 0 points for "no."


1.) Is Ric Underwood glib and superficially charming?

Is Ric Underwood a likable personality and a terrific talker -- entertaining, persuasive, but maybe a bit too smooth and slick? Can he pass himself off as a supposed expert in a business meeting even though he really doesn't know much about the topic? Is he a flatterer? Seductive, but insincere? Does he tell amusing but unlikely anecdotes celebrating his own past? Can he persuade his colleagues to support a certain position this week -- and then argue with equal conviction and persuasiveness for the opposite position next week? Can he somehow get away without answering the interviewer's direct questions or saying anything truly substantive?


2.) Does Ric Underwood have a grandiose sense of self-worth?

Does he brag? Is he arrogant? Superior? Domineering? Does he feel he's above the rules that apply to "little people"? Does he act as though everything revolves around him? Does he downplay his legal, financial, or personal problems, say they're just temporary, or blame them on others?


3.) Is Ric Underwood a pathological liar?

Has he reinvented his own past in a more positive light -- for example, claiming that he rose from a tough, poor background even though he really grew up middle class? Does he lie habitually even though he can easily be found out? When he's exposed, does he still act unconcerned because he thinks he can weasel out of it? Does he enjoy lying? Is he proud of his knack for deceit? Is it hard to tell whether he knows he's a liar or whether he deceives himself and believes his own bull?


4.) Is he a con artist or master manipulator?

Does he use his skill at lying to cheat or manipulate other people in his quest for money, power, status, and sex? Does he "use" people brilliantly? Does he engage in dishonest schemes such as cooking the books?


5.) When Ric Underwood harms other people, does he feel a lack of remorse or guilt?

Is he concerned about himself rather than the wreckage he inflicts on others or society at large? Does he say he feels bad but act as though he really doesn't? Even if he has been indicted of a white-collar crimes, such as tax evasion, does he not accept blame for what he did? Does he blame others for the trouble he causes?


6.) Does he have a shallow affect?

Is Ric Underwood cold and detached, even when someone near him dies, suffers, or falls seriously ill -- for example, does he visit the hospital or attend the funeral? Does he make brief, dramatic displays of emotion that are nothing more than putting on a theatrical mask and playacting for effect? Does he claim to be your friend but rarely or never ask about the details of your life or your emotional state? Is he one of those tough-guy executives who brag about how emotions are for whiners and losers?


7.) Is Ric Underwood callous and lacking in empathy?

Does he not give a damn about the feelings or well-being of other people? Is he profoundly selfish? Does he cruelly mock others? Is he emotionally or verbally abusive toward employees, "friends," and family members? Can he fire employees or withhold paychecks without concern for how they'll get by without the job? Can he profit from embezzlement or stock fraud without concern for the harm he's doing to shareholders?


8.)Does Ric Underwood fail to accept responsibility for his own actions?

Does he always cook up some excuse? Does he blame others for what he's done? If he's under investigation or on trial for a corporate crime, like deceitful accounting or tax fraud, does he refuse to acknowledge wrongdoing even when the hard evidence is stacked against him?


Score:

1 to 4 points.......hmmm maybe.

5 to 7 points....... ahhh suggestive.

8 to 12 points...... highly likely.

13 to 16 points.....most definately.
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#6 Author of original report

Bradley T. Lancaster caught in yet another lie........

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

Dear Bradley,

I know you all to well. Below is the email you sent me back in April of 2004 where you jumped up and down singing praises about how OTR Media would soon go public and make us investors all rich.

The truth is OTR Media NEVER did go public by way of a reverse merger and in fact was practically given away for nothing to Limelight Media. A bankrupt company (OTR Media) merging with another bankrupt company(Limelight Media)trading at 5 cents a share, carefully crafted by none other than Slick Ric Underwood.

By the way Bradley, OTR Media shareholders were cut completely out of the merger deal and ended up with NO trading stock in Limelight Media. Of course not like they would have made anything anyway with Limelight Media trading at 5 cents per share when investors paid 1 to 3 dollars per share for OTR Media.

Your buddy Ric Underwood is a real hero. LOL

It seems that Slick Ric Underwood found a way to get rid of all his problems with OTR Media after everyone in the Bowling Green Office fleeced OTR Media's treasury coffers of every dime. You used this reverse merger lie bradley to sell more stock in OTR Media. Just another sales trick to dupe new investors. LOL

Bradley you can't fool the public any longer. Now they can see for themselves below who is telling the truth here and it's not YOU.


Subj: about to go public
Date: 4/1/04
From:


Dan,
Whoa there guy hold on Iam in Washington State this very minute and we are about to go public by way of a reverse merger. before you pass judgment on me and my company just wait till you see what we have done OBERON is done and it is ours ...Shell Oil is our national missing children ad's sponser we are moving
so fast and all is in perfect order all pieces of the puzzle are now in place.
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#7 Consumer Comment

There was some good in OTR

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

I never actually invested, but I did get to know some of the guys pretty well. I'm in Bowling Green and was in the office every day or so visiting friends. I noticed how hard these guys worked and sometimes I wondered if they were like robots being told what to say and not actually knowing the truth. I did see investors money go into the wells and even into OTR funds. Not all of it was given to the employees and blown on things like most people think.

One close friend of mine worked there and he made money. GOOD money. He deserved it working all the time. Some of the guys there however, drive cars that I could never dream of having. Others spend what they earn on illegal substances and bribe their way into the hearts of innocent investors. I did notice one thing. It seems that Allied Energy/OTR media was doing so well with the money coming in that Ric was able to provide his "caring" employees a workout room at one end of the building. HOW SWEET IS THAT!!!!

So much for those large returns?! I guess I figured out some of the crookedness when The Courier Journal out of Louisville, Kentucky printed on March 19, 2006 ran the article about Robo and its owner David Rose. Ric has his position at OTR Media because of Mr. David Rose, the biggest con artist Kentucky has ever seen. So, Ric when were you planning on buying YOUR 140-acre farm like David did? Or were you just going to burn your house for insurance too? Oh well...you give a bad name to people trying to make an honest living. Live and learn.
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#8 UPDATE EX-employee responds

Phoenix

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

To all Ric bashers,

For the two or three years that I worked for Ric Undewrwood he never told me to do anything other then what was right. If I ever embelished a fact or detail nhe called me on it right away and set me straight. When my personal life was broke Ric helped me pick up the pieces. As he often did with others. Ric trusted people to work independently and to do the right thing. Ric Underwood stood with me and Baptized me in the waters of our nearby Lake and state park. I've seen people chance after chance to the point of frustration because he sincerely cared. That is the only Ric I know.

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#9 Consumer Comment

hmmmm

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

an honest business rising from the ashes eh? possible, but i find it quite disturbing that the owner ric was indicted for failure to pay taxes on 3.6 million dollars. see bgdailynews.com, search archives for otr media. march 9,2006. perhaps daniel would like to attend the court hearing on this one!
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#10 UPDATE EX-employee responds

Daniel Victor doesn't know me!!

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

I recently stumbled upon this site and was well shocked to see my name in the orginal and in subsequent postings....in a s much has I have never been able to defend myself I feel a response is appropriate

First let me say that J.J. or Mr. Johnson knows nothing of my situation with Ric nor will he ever.

I have never been one to "tow the company line"
and I assure anyone who reads this that my personal integrity is not in any jepeordy at this time. I worked closely with Ric on OTR Media I still to this day believe in the concept and the idea. I never once told anyone that there would be a "certain" payoff or payout. Every new business is based on speculation. We find a niche and try to develope a market that makes sound business sense. In the case of OTR While Ric and I..(I say this only because we are named) ..while Ric and I did raise "seed" capital for the venture. The launch and over all operations of the company itself were put in what I'm sure Ric believed to be the most capable hands we could find at that time. It is most unfortunate that those "other" parties did not always act responsibly for the good of the company and its shareholders but in an organization of this size it was impossible for ric to micro manage every detail. All PPm's DPP's registered or unregistered securities invole a degree of risk there are simply no "sure things" So while Iam sorry Daniel lost his $5000.00 I think of others who put $500,000.00 in this....but hide and watch the finale chaper on OTR has not been written yet.
It may well become a pheonix of rising from the smoke to make money for us all...

Best Regards

Bradley T. Lancaster
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#11 Author of original report

Slick Ric does it again, sold out OTR Media Investors!

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

Ric Underwood king of scammers just sold OTR Media Investors down the proverbial river.

Form 8-K for LimeLight Media Group Inc.

2-Feb-2005

Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure.

On Feb 1, 2005 Limelight Media Group Inc. announced via a press release that it had entered a letter of intent to acquire OTR Media. Per the terms of the letter of intent, OTR Media shall distribute to LimeLight Media Group all authorized but unissued shares of the company in exchange for LimeLight Media Group assuming full operational and financial functions of the company. Per the agreement, certain OTR Media shareholders shall also return to OTR Media issued shares which will be redistributed to existing shareholders of OTR Media.

Upon conclusion of the share distribution, Limelight Media will HOLD a MAJORITY interest in OTR Media whose operations and ASSETS shall be POSTED to the BOOKS of Limelight Media as a partially owened subsidiary.

NO SHARES OF LIMELIGHT MEDIA WILL BE DISTRIBUTED TO THE SHAREHOLDERS OR OTR MEDIA, THEREFORE NO SHAREHOLDER ACTION IS REQUIRED OF LIMELIGHT MEDIA SHAREHOLDERS AT THIS TIME.
_______________________
Nice going Slick Ric Underwood......you just gave away the last remaining equity ( of what little was left after you fleeced the company dry of investors money) to Limelight Media. OTR Media shareholders are now at the mercy of Limelight with nothing to show for trusting that no good snake in the grass Ric Underwood.

What happened to the free trading stock you promised OTR shareholders after the reverse merger that you touted in your newsletter? More propaganda..... more lies...... just to induce people to send you money!
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#12 UPDATE EX-employee responds

WATCH OUT HERE THEY COME

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

AS FOR JUSTIN E CRANDALL YOU ARE THE BIGGEST CON OF THEM ALL. YOU BRAG ABOUT HOW YOU TOOK SOME POOR GUYS MONEY AND DONT CARE IF THEY SEE A RETURN JUST AS LONG AS YOU GET THE MONEY OWED TO YOU. OH AND LETS SEE LETS TAKE A WILD GUESS WHY YOU CHANGED YOUR REBUTTAL. WOULD IT BE BECAUSE RIC GAVE YOU $10,000 TO RETRACT THE STATEMENT. ACCORDING TO YOU WHEN I WAS OVER YOUR HOUSE THE OTHER NIGHT YOU SAID YOU WOULD BE HAPPY TO RETRACT IT ONLY IF RIC GAVE YOU THE MONEY OWED TO YOU. WELL IT MUST OF BEEN THE COCAINE TALKING. AND AS A FACT JUSTIN OR SHALL I SAY BALI SINCE THAT IS YOUR DJ STAGE NAME, YOU KNOW THE NAME YOU GO BY AT ALL THE RAVES YOU DJ AT. AS FOR YOUR REPUTATION JUSTIN YOU ALSO WERE AND ARE DAVID ROSES RIGHT HAND MAN. YOU WORKED AT ROBO, SUNCLEAR, HOMELAND, AND ALLIED ENERGY.


AS FOR RIC UNDERWOOD YOU MUST THINK YOUR CRAP DONT STINK. YOU HAVE A SIGHT CALLED UNDERLAND WHAT DO YOU THINK THAT YOU ARE ALICE. OR DO YOU JUST LIKE SPENDING ALL THE INVESTORS MONEY ON THE SECRETARY. ESPECIALLY WHEN SHES SUPPOSED TO GO TO CANCUN AND YOU ARE SUPPOSED TO GO TO EUROPE. FUNNY SHE DIDNT COME BACK WITH A SUNTAN LIKE MOST 22 YEAR OLD LADIES THAT ARE AS PRETTY AS SHE IS. LETS SEE RIC YOU SAY YOU ARE HONEST BUT WHEN IT COMES TO IT WHO TAKES THE BLAME YOUR MINIONS. I MEAN THAT IS WHY YOU SPENT INVESTORS MONEY ON GETTING DAN MOREL OUT OF JAIL WASN'T IT. OR BAILING BRADLY T LANCASTER OUT OF JAIL. OH AND ALSO FEELING GUILTY FOR GETTING BRADLY T LANCASTER HOOKED ON DRUGS SO YOU PAY FOR HIM TO GO TO REHAB 5 COUNT THEM F I V E TIMES. YET STILL THAT IS NOT GOOD ENOUGH YOU ALSO START SCRAMBLING WHEN YOU GET WIND OF SECURITIES AGENTS COMING DOWN. SO YOU GO TO GOOD OLD HUNTER DURHAM FOR ADVISE, WHICH MAY I ADD USED TO WORK FOR THE SECURITIES ADMINISTRATION, NOW INS'T THAT FUNNY HE KNOWS EVERY LOOP HOLE THERE IS AND MOST EVERY OIL AND GAS COMPANY IN THIS AREA USES HIM,HMMM I WONDER WHY, AND YOU ALWAYS WIGGLE YOUR WAY OUT OF TROUBLE. NOW THAT'S FUNNY.

RIC ALSO I WOULD LIKE TO ASK WHO PAID FOR THE GYM THAT IS WHERE ALLIED ENERGY'S OFFICE IS INSTEAD OF OFFICE SPACES LIKE YOU SAY ARE THERE. AND WHY THERE IS AN OPENING BETWEEN THEM THAT CONNECTS THEM OPENLY. AND WHY YOU HAVE THE ONLY OFFICE IN THAT SIDE OF THE BUILDING. ALONG WITH WEIGHT BENCHES SAUNAS SHOWERS YOU KNOW YOUR AVERAGE GYM...... DO TELL AND NO MORE LIES PLEASE SINCERELY J.J.
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#13 UPDATE EX-employee responds

WATCH OUT HERE THEY COME

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

AS FOR JUSTIN E CRANDALL YOU ARE THE BIGGEST CON OF THEM ALL. YOU BRAG ABOUT HOW YOU TOOK SOME POOR GUYS MONEY AND DONT CARE IF THEY SEE A RETURN JUST AS LONG AS YOU GET THE MONEY OWED TO YOU. OH AND LETS SEE LETS TAKE A WILD GUESS WHY YOU CHANGED YOUR REBUTTAL. WOULD IT BE BECAUSE RIC GAVE YOU $10,000 TO RETRACT THE STATEMENT. ACCORDING TO YOU WHEN I WAS OVER YOUR HOUSE THE OTHER NIGHT YOU SAID YOU WOULD BE HAPPY TO RETRACT IT ONLY IF RIC GAVE YOU THE MONEY OWED TO YOU. WELL IT MUST OF BEEN THE COCAINE TALKING. AND AS A FACT JUSTIN OR SHALL I SAY BALI SINCE THAT IS YOUR DJ STAGE NAME, YOU KNOW THE NAME YOU GO BY AT ALL THE RAVES YOU DJ AT. AS FOR YOUR REPUTATION JUSTIN YOU ALSO WERE AND ARE DAVID ROSES RIGHT HAND MAN. YOU WORKED AT ROBO, SUNCLEAR, HOMELAND, AND ALLIED ENERGY.


AS FOR RIC UNDERWOOD YOU MUST THINK YOUR CRAP DONT STINK. YOU HAVE A SIGHT CALLED UNDERLAND WHAT DO YOU THINK THAT YOU ARE ALICE. OR DO YOU JUST LIKE SPENDING ALL THE INVESTORS MONEY ON THE SECRETARY. ESPECIALLY WHEN SHES SUPPOSED TO GO TO CANCUN AND YOU ARE SUPPOSED TO GO TO EUROPE. FUNNY SHE DIDNT COME BACK WITH A SUNTAN LIKE MOST 22 YEAR OLD LADIES THAT ARE AS PRETTY AS SHE IS. LETS SEE RIC YOU SAY YOU ARE HONEST BUT WHEN IT COMES TO IT WHO TAKES THE BLAME YOUR MINIONS. I MEAN THAT IS WHY YOU SPENT INVESTORS MONEY ON GETTING DAN MOREL OUT OF JAIL WASN'T IT. OR BAILING BRADLY T LANCASTER OUT OF JAIL. OH AND ALSO FEELING GUILTY FOR GETTING BRADLY T LANCASTER HOOKED ON DRUGS SO YOU PAY FOR HIM TO GO TO REHAB 5 COUNT THEM F I V E TIMES. YET STILL THAT IS NOT GOOD ENOUGH YOU ALSO START SCRAMBLING WHEN YOU GET WIND OF SECURITIES AGENTS COMING DOWN. SO YOU GO TO GOOD OLD HUNTER DURHAM FOR ADVISE, WHICH MAY I ADD USED TO WORK FOR THE SECURITIES ADMINISTRATION, NOW INS'T THAT FUNNY HE KNOWS EVERY LOOP HOLE THERE IS AND MOST EVERY OIL AND GAS COMPANY IN THIS AREA USES HIM,HMMM I WONDER WHY, AND YOU ALWAYS WIGGLE YOUR WAY OUT OF TROUBLE. NOW THAT'S FUNNY.

RIC ALSO I WOULD LIKE TO ASK WHO PAID FOR THE GYM THAT IS WHERE ALLIED ENERGY'S OFFICE IS INSTEAD OF OFFICE SPACES LIKE YOU SAY ARE THERE. AND WHY THERE IS AN OPENING BETWEEN THEM THAT CONNECTS THEM OPENLY. AND WHY YOU HAVE THE ONLY OFFICE IN THAT SIDE OF THE BUILDING. ALONG WITH WEIGHT BENCHES SAUNAS SHOWERS YOU KNOW YOUR AVERAGE GYM...... DO TELL AND NO MORE LIES PLEASE SINCERELY J.J.
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#14 UPDATE EX-employee responds

WATCH OUT HERE THEY COME

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

AS FOR JUSTIN E CRANDALL YOU ARE THE BIGGEST CON OF THEM ALL. YOU BRAG ABOUT HOW YOU TOOK SOME POOR GUYS MONEY AND DONT CARE IF THEY SEE A RETURN JUST AS LONG AS YOU GET THE MONEY OWED TO YOU. OH AND LETS SEE LETS TAKE A WILD GUESS WHY YOU CHANGED YOUR REBUTTAL. WOULD IT BE BECAUSE RIC GAVE YOU $10,000 TO RETRACT THE STATEMENT. ACCORDING TO YOU WHEN I WAS OVER YOUR HOUSE THE OTHER NIGHT YOU SAID YOU WOULD BE HAPPY TO RETRACT IT ONLY IF RIC GAVE YOU THE MONEY OWED TO YOU. WELL IT MUST OF BEEN THE COCAINE TALKING. AND AS A FACT JUSTIN OR SHALL I SAY BALI SINCE THAT IS YOUR DJ STAGE NAME, YOU KNOW THE NAME YOU GO BY AT ALL THE RAVES YOU DJ AT. AS FOR YOUR REPUTATION JUSTIN YOU ALSO WERE AND ARE DAVID ROSES RIGHT HAND MAN. YOU WORKED AT ROBO, SUNCLEAR, HOMELAND, AND ALLIED ENERGY.


AS FOR RIC UNDERWOOD YOU MUST THINK YOUR CRAP DONT STINK. YOU HAVE A SIGHT CALLED UNDERLAND WHAT DO YOU THINK THAT YOU ARE ALICE. OR DO YOU JUST LIKE SPENDING ALL THE INVESTORS MONEY ON THE SECRETARY. ESPECIALLY WHEN SHES SUPPOSED TO GO TO CANCUN AND YOU ARE SUPPOSED TO GO TO EUROPE. FUNNY SHE DIDNT COME BACK WITH A SUNTAN LIKE MOST 22 YEAR OLD LADIES THAT ARE AS PRETTY AS SHE IS. LETS SEE RIC YOU SAY YOU ARE HONEST BUT WHEN IT COMES TO IT WHO TAKES THE BLAME YOUR MINIONS. I MEAN THAT IS WHY YOU SPENT INVESTORS MONEY ON GETTING DAN MOREL OUT OF JAIL WASN'T IT. OR BAILING BRADLY T LANCASTER OUT OF JAIL. OH AND ALSO FEELING GUILTY FOR GETTING BRADLY T LANCASTER HOOKED ON DRUGS SO YOU PAY FOR HIM TO GO TO REHAB 5 COUNT THEM F I V E TIMES. YET STILL THAT IS NOT GOOD ENOUGH YOU ALSO START SCRAMBLING WHEN YOU GET WIND OF SECURITIES AGENTS COMING DOWN. SO YOU GO TO GOOD OLD HUNTER DURHAM FOR ADVISE, WHICH MAY I ADD USED TO WORK FOR THE SECURITIES ADMINISTRATION, NOW INS'T THAT FUNNY HE KNOWS EVERY LOOP HOLE THERE IS AND MOST EVERY OIL AND GAS COMPANY IN THIS AREA USES HIM,HMMM I WONDER WHY, AND YOU ALWAYS WIGGLE YOUR WAY OUT OF TROUBLE. NOW THAT'S FUNNY.

RIC ALSO I WOULD LIKE TO ASK WHO PAID FOR THE GYM THAT IS WHERE ALLIED ENERGY'S OFFICE IS INSTEAD OF OFFICE SPACES LIKE YOU SAY ARE THERE. AND WHY THERE IS AN OPENING BETWEEN THEM THAT CONNECTS THEM OPENLY. AND WHY YOU HAVE THE ONLY OFFICE IN THAT SIDE OF THE BUILDING. ALONG WITH WEIGHT BENCHES SAUNAS SHOWERS YOU KNOW YOUR AVERAGE GYM...... DO TELL AND NO MORE LIES PLEASE SINCERELY J.J.
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#15 UPDATE EX-employee responds

WATCH OUT HERE THEY COME

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

AS FOR JUSTIN E CRANDALL YOU ARE THE BIGGEST CON OF THEM ALL. YOU BRAG ABOUT HOW YOU TOOK SOME POOR GUYS MONEY AND DONT CARE IF THEY SEE A RETURN JUST AS LONG AS YOU GET THE MONEY OWED TO YOU. OH AND LETS SEE LETS TAKE A WILD GUESS WHY YOU CHANGED YOUR REBUTTAL. WOULD IT BE BECAUSE RIC GAVE YOU $10,000 TO RETRACT THE STATEMENT. ACCORDING TO YOU WHEN I WAS OVER YOUR HOUSE THE OTHER NIGHT YOU SAID YOU WOULD BE HAPPY TO RETRACT IT ONLY IF RIC GAVE YOU THE MONEY OWED TO YOU. WELL IT MUST OF BEEN THE COCAINE TALKING. AND AS A FACT JUSTIN OR SHALL I SAY BALI SINCE THAT IS YOUR DJ STAGE NAME, YOU KNOW THE NAME YOU GO BY AT ALL THE RAVES YOU DJ AT. AS FOR YOUR REPUTATION JUSTIN YOU ALSO WERE AND ARE DAVID ROSES RIGHT HAND MAN. YOU WORKED AT ROBO, SUNCLEAR, HOMELAND, AND ALLIED ENERGY.


AS FOR RIC UNDERWOOD YOU MUST THINK YOUR CRAP DONT STINK. YOU HAVE A SIGHT CALLED UNDERLAND WHAT DO YOU THINK THAT YOU ARE ALICE. OR DO YOU JUST LIKE SPENDING ALL THE INVESTORS MONEY ON THE SECRETARY. ESPECIALLY WHEN SHES SUPPOSED TO GO TO CANCUN AND YOU ARE SUPPOSED TO GO TO EUROPE. FUNNY SHE DIDNT COME BACK WITH A SUNTAN LIKE MOST 22 YEAR OLD LADIES THAT ARE AS PRETTY AS SHE IS. LETS SEE RIC YOU SAY YOU ARE HONEST BUT WHEN IT COMES TO IT WHO TAKES THE BLAME YOUR MINIONS. I MEAN THAT IS WHY YOU SPENT INVESTORS MONEY ON GETTING DAN MOREL OUT OF JAIL WASN'T IT. OR BAILING BRADLY T LANCASTER OUT OF JAIL. OH AND ALSO FEELING GUILTY FOR GETTING BRADLY T LANCASTER HOOKED ON DRUGS SO YOU PAY FOR HIM TO GO TO REHAB 5 COUNT THEM F I V E TIMES. YET STILL THAT IS NOT GOOD ENOUGH YOU ALSO START SCRAMBLING WHEN YOU GET WIND OF SECURITIES AGENTS COMING DOWN. SO YOU GO TO GOOD OLD HUNTER DURHAM FOR ADVISE, WHICH MAY I ADD USED TO WORK FOR THE SECURITIES ADMINISTRATION, NOW INS'T THAT FUNNY HE KNOWS EVERY LOOP HOLE THERE IS AND MOST EVERY OIL AND GAS COMPANY IN THIS AREA USES HIM,HMMM I WONDER WHY, AND YOU ALWAYS WIGGLE YOUR WAY OUT OF TROUBLE. NOW THAT'S FUNNY.

RIC ALSO I WOULD LIKE TO ASK WHO PAID FOR THE GYM THAT IS WHERE ALLIED ENERGY'S OFFICE IS INSTEAD OF OFFICE SPACES LIKE YOU SAY ARE THERE. AND WHY THERE IS AN OPENING BETWEEN THEM THAT CONNECTS THEM OPENLY. AND WHY YOU HAVE THE ONLY OFFICE IN THAT SIDE OF THE BUILDING. ALONG WITH WEIGHT BENCHES SAUNAS SHOWERS YOU KNOW YOUR AVERAGE GYM...... DO TELL AND NO MORE LIES PLEASE SINCERELY J.J.
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#16 Author of original report

Justin Edmund Crandall... Another "Boiler Room" Salesman

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

Well it looks like one of Ric Underwood's lackeys has finally come out of the "chop shop" down there in Bowling Green Kentucky,to greet us on our website. Will the real Justin Edmund Crandall please stand up.

Before anyone believes his drivel about Allied Energy Group being a "good" company; I think everyone should know that the word on the street is that Allied Energy Group is funding good old Dave Rose and his NEXTEL NASCAR on the BUSH SERIES CIRCUIT
. Yes that's right folks the rumor is that Ric Underwood and Dave Rose are back in business together using investors to fund his race car.

Now for those of you who don't know Dave Rose he previously operated two Oil and Gas Deals; Sunclear Energy and Robo Enterprises to scam investors out of multi-millions with the help of Ric Underwood and his Salesmen in Bowling Green Kentucky.

Yes that's right folks, they used the money not to make investors money from Oil and Gas but to fund themselves and their NASCAR.

By the way Justin, who in their right mind would invest in Allied Energy Group after knowing this information? Besides which Allied's Chaucer "Fredricksburg" Project is just one well with only a 45% working interest. Now where does anyone out there suppose the rest of the 55% is going? In addition to that the Railroad Commission down there in Texas will only allow about 150 - 200 max; barrels of Oil to be pumped per day. By the time Allied Energy has paid all their expenses and overhead any payout to the investor will most likely be marginal at best.

Why invest with Allied Energy Group when there are Companies like Rockwell Resources in Lancaster Kentucky who give you a 100% Working Interest and an 87.5% Net Revenue on 800 barrels of Oil per day? I mean why settle for only a maximum of 200 or so set by the Texas Railroad Commission?

Yes Sir, Justin I'm sure that Allied Energy Group is a good company for those selling Private Placements down there in Bowling Green. I mean at a 15-20% chop it sounds pretty good. lol
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#17 Consumer Comment

the real justin e. crandall

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

Greetings to all who gullibly digest the vomit which spews from this web-site.

I would like to introduce myself, my name is Justin Edmund Crandall, in Bowling Green, Ky, and the absurd "its time the truth be told" piece that was written on 11/22/2004, which was within a 5 day period of which I have been moving and was with my family and had absolutely no internet access whatsoever, I was nowhere near a computer, oh - except the one that was packed in a box and in storage. The piece that was written was not written by me and the person that wrote it needs to go back to grade school and learn how to spell.

Allied is a good company who has nothing to hide and on any occassion if neccessary can overwhelm you with information to substantiate their legitimacy. They have all the resources they need to validate their company operations and I would encourage anyone who had an interest in getting into independent energy today to definitely check this company out on a personal basis and to not take the word of a "no life having" bitter becuase he himself has never been successful. He's what I call a "hater" becuase he always believes everything he reads!

If you choose to do the same thing, by all means go ahead and sell yourself short and miss an oppritunity with a good company or you too can end up "bitter" like the guy who runs this web-site.

I would be happy to talk to anyone at anytime.

-the real Justin E. Crandall
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#18 Author of original report

Ric Underwood ......Pathological Liar

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

Ric Underwood can not even admit to his past verbal statements. He hides behind selective amnesia when it comes to telling his version of the truth or with agreements and or promises made in the past.

I would highly recommend that if anyone absolutely must do business or deal with this man in any capacity to get any and all arrangements written in a formal legal statement and signed before a notary public. If he tells you something that requires to invest your money or time have him put everything in writing first but even then don't expect him to honor his arrangements.

I think that the truth will eventually come out but by that time I expect Ric Underwood will be long gone with the money he has swindled out of people. Ric says he has nothing to hide probably because all the money from these bogus private placements is well hidden someplace.

Justin if you're out there I would like to discuss your experience with Mr. Underwood.
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#19 UPDATE EX-employee responds

It's Time the Truth was Told

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

I was an employee of both allied energy group and otr media inc. Aside from selling these securities without a liscense, every employee was paid commissions ranging from 15-20% depending on the amount of investments....That is totally illegal. Also Ric Underwood and his wife Terra would go on flagrent spending sprees with what they called "OPM." Other peoples money.. Immediatley after I began to question the shady offerings they had me sell and their "Arthur-Anderson" acoounting practices I was fired..
If I could give any advice to their existing clients and potential ones, it would be to not invest.. Ask Ric to see the financials of the company, where the money has gone, where it is supposed to go.. This is classic boiler room sales and the investor never wins.
Justin
Bowilng Green KY
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#20 Author of original report

Give us the bottom line Ric Underwood.........

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

Ric .......how much money have you MADE for investors who trusted their money with you over the past several years selling these private placement deals???

Better yet Ric, why don't you tell those reading this how much money investors LOST buying your private placement deals.

Come on, lay it all out for us.
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#21 REBUTTAL Individual responds

LAST RESPONSE

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

NO HALF TRUTHS HERE..ONLY DANGEROUS DAN WHO HAS THE EXCEPTIONAL TALENT OF MANIPULATING THE FACTS ONLY WHEN HE CAN HIDE BEHIND SOMEONE'S SKIRTS ON THE INTERNET!!!

DAN COME OUT! COME OUT!... WHEREVER YOU ARE!

Dear Dan:

Once again, you display your exceptional skills of manipulating the facts in a manner which MAY EVEN APPEAR to substantiate your continued FALSE ACCUSATIONS made against myself, OTR Media Inc., and Allied Energy.

However, I would like to DIRECTLY address the following with respect to your most recent response:

OTR MEDIA, INC. INVESTOR CORRESPONDENCE

If you will read your correspondence from OTR to its shareholders, it clearly states the intentions of OTR Media, Inc. to go public in the future that is our very intention as of today. In these documents, the expectation of future dividends was reported to the investor. However, as you are aware, there were a number of unforseen challenges faced by OTR which we have worked through.

OTR MEDIA, INC. has a tremendous future- and there is lots of information available to Dan on the "investor area" of our website.


KENTUCKY DEPARTMENT OF FINANCIAL INSTITUTIONS

In May of 2003, the Kentucky Department of Financial Institutions issued AN ADMINISTRATIVE COMPLAINT AGAINST OTR MEDIA, INC. ITS OFFICERS AND DIRECTORS INCLUDING Ric Underwood for not appropriately filing offering information with the state regarding an OTR Media, Inc. common stock offering (selling unregistered securities as a result of failing to file appropriately there were no allegations of fraud. All subsequent offerings made by OTR Media, Inc. were appropriately filed with the state of Kentucky. Allied Energy Group requires all management personnel and company representatives to pass the NASD Series 63 Uniform State Securities Law Examination and register their license with the Kentucky Department of Financial Institutions pursuant to KRS.292.330 (The KDFI introduced this legislation in the summer of 2003.

AGAIN, DAN YELLS FIRE IN A CROWDED THEATERE..THERE WERE NO VIOLATIONS WITH THE STATE OF KENTUCKY OTHER THAN NOT APPROPRIATELY FILING FOR OTR MEDIA FOR SPECIFIC STOCK OFFERING. WE MAINTAIN A VERY CLEAR CHANNEL OF COMMUNICATION WITH THE KENTUCKY DEPARTMENT OF FINANCIAL INSTITUTIONS, RECOGNIZE THEIR REGULATORY AUTHORITY, AND COMPLY WITH EACH AND EVERY STATE REQUIREMENT.

DAN, I REVIEWED YOUR SUBSCRIPTION AGREEMENT PAPERWORK AND AS A 44 YEAR OLD ENGINEER WITH INCOME THAT YOU REPORTED OF $100,000 PER YEAR, YOU INVESTED 5% OF YOUR ANNUAL INCOME IN COMMON STOCK SHARES OF OTR MEDIA, INC. (This falls well within the suitability requirements as outlined by the SEC or any State Securities guidelines.) FURTHERMORE, YOU SIGNED AND EXECUTED A SUBSCRIPTION AGREEMENT (YOU SIGNED IN TWO DIFFERENT AREAS) ACKNOWLEDGING THAT YOU UNDERSTOOD THE PRIVATE PLACEMENT MEMORANDUM AND THE RISKS INVOLVED WITH THIS TYPE OF INVESTMENT.

AS FAR AS REGULATION D, RULE 506- THE OVERWHELMING MAJORITY OF OUR INVESTOR PARTNERS ARE ACCREDITED BY THE SEC. TYPICALLY, WE DO NOT ALLOW NONACCREDITED INVESTORS SUCH AS YOURSELF PARTICIPATE UNLESS THEY EXPRESS THAT THEY FULLY UNDERSTAND THE RISKS - WHICH YOU ATTESTED TO IN YOUR DOCUMENTS. IN ANY CASE EACH OF OUR INVESTOR PARTNERS ARE SUITABLE FOR THIS TYPE INVESTMENT.

ALLIED PROVIDES INVESTMENT OPPORTUNITIES IN THE FORM OF A PRIVATE PLACEMENT OFFERING EXEMPT FROM REGISTRATION WITH THE SEC (REGULATION 506 D).

DURHAM & ZORNES, LLC, ALLIED'S LEGAL COUNSEL, FILES EACH PRIVATE PLACEMENT OFFERING ON THE BEHALF OF AEG WITH THE APPROPRIATE JURISDICTIONS IN COMPLIANCE WITH STATE AND FEDERAL SECURITIES LAWS (AS REQUIRED PER REGULATION D).

ALLIED ONLY MAKES INVESTMENT OPPORTUNITIES AVAILABLE TO ACCREDITED INVESTORS AS DEFINED BY THE SEC AND/OR SOPHISTICATED INDIVIDUALS WHO ARE SUITABLE AND UNDERSTAND THE RISKS ASSOCIATED WITH THE OIL AND GAS INDUSTRY. ALLIED ESTABLISHES A RELATIONSHIP WITH PROSPECTIVE INVESTORS BY VERIFYING THEIR INTEREST, SOPHISTICATION, AND INVESTMENT SUITABILITY PRIOR TO MAKING AN INVESTMENT AVAILABLE.

EACH ALLIED REPRESENTATIVE IS REQUIRED TO PASS THE NASD SERIES 63 UNIFORM STATE LAW SECURITIES EXAM. ALLIED REGISTERS EACH AND EVERY COMPANY REPRESENTATIVE WITH THE KENTUCKY DEPARTMENT OF FINANCIAL INSTITUTION (SECURITIES DIVISION) FOR EACH INVESTMENT PROGRAM IN COMPLIANCE WITH STATE LAW KRS 292.330.


TEXAS SECURITIES BOARD (Chronological Schedule of Events) MUST READ!!!!!

Our Response to March 11, 2004: Cease and Desist Order (following)


Texas Securities Board Response dated March 12, 2004

RE: Allied Energy Group Order No. ENF-04-CD0-1555
Gentlemen:

I would like to provide you with the following information regarding the business operations for the Allied Energy Group (AEG) and specifically request an immediate rescission of the above captioned order:

COMPANY HISTORY
The Allied Energy Group (AEG) is an independent energy company engaged in the exploration, development, and production of oil and natural gas in the continental United States with its primary business office located at 2800 Griffin Drive, Bowling Green, Kentucky 42101.
Originally, AEG had considered developing a business office including geological, engineering, and administrative departments in Houston. This strategic move only makes sense in that AEG would remain in close proximity to its drilling/production operations and affiliated companies in the East Texas Basin and Houston area.
Unfortunately, after several months the development of a functional office at the 5075 Westheimer location did not prove to be economically viable. Thus, operations for this office and its employees were prematurely terminated earlier this year. I understand that this resulted in unanticipated and unfortunate loss of jobs for several employees. One former employee in particular is extremely upset has expressed his intent to disseminate false, misleading, damaging, and disparaging statements to certain regulatory agencies in an attempt to extort additional monies from the Allied Energy Group.
As you will see after reviewing all the pertinent information regarding this order, and on behalf of our management team, advisory board members, employees, shareholder, and investor partners, I would like to say that AEG was founded on the principles of honesty, integrity, and fair business practices in everything we do.
Regarding several nonfactual statements made by this order, I would like to make the following comments:
FINDING OF FACTS

Section 10: With respect to Terrence M. McCaffrey, Mr. McCaffrey previously served as the Sr. Vice President of AEG and Supervisor/Manager of the 5075 Westheimer office and its employees in Houston. Mr. McCaffrey holds a Series 63 License and is a registered agent with the Kentucky Department of Financial Institutions.

Section 9 & 13: The Chaucer Fredricksburg Prospect is a private placement general partnership exempt from registration under Regulation D. Moreover, there were no public advertisements made in connection with this offering, and there were no misleading statements and/or misrepresentations made in any capacity. Additionally, an accredited investor exemption already exist in Texas in any case.

Section 11: Ric Underwood is Chairman of the Board for OTR Media, Inc. However, he is not an officer, director, member of management, or present stockholder in the Allied Energy Group. Mr. Underwood is a subcontracted consultant secured by AEG to recruit and train management personnel, develop sales and marketing operations, and plan the future growth strategy for AEG. Therefore, I was advised by legal counsel, that there was no disclosure requirement. Furthermore, your statement regarding Mr. Underwood is inaccurate due to the fact he was not FOUND to be violating various securities in Kentucky, these were merely allegations made at that time. It is my understanding that since this time all of the necessary compliance measures were implemented as required by the Kentucky Department of Financial Institutions.

Section 12: AEG takes pride in the fact that we aggressively disclose the risks of oil and gas drilling programs both in verbal dialogue and in every item of material we provide to a prospective investor. The private placement memorandum discloses the experience, financial status, location, and everything about the Managing General Partner AEG. Moreover, our materials disclose every operational, geological, production, completion, pricing, technical, and engineering risks associated with an oil and gas drilling program. We even disclose that there might be risks that we are not aware. We understand that oil and gas investments are not for everyone. Probably 90% our investors are of the accredited nature as defined by the SEC. If they are not, there are numerous measures taken to make certain that an individual understands the risks and is suitable for the investment (i.e. suitability requirements at the state level, determine whether or not the individual is sophisticated). RISKS AND INVESTOR SUITABILITY ARE CLEARLY DISCLOSED IN OUR EXECUTIVE SUMMARY, PRIVATE PLACEMENT MEMORANDUM, SUBSCRIPTION AGREEMENT, AND EVEN OUR COMPANY VIDEO. MORE IMPORTANTLY, AEG REPRESENTATIVES ALWAYS VERBALLY DISCLOSE THESE ITEMS.

Section 14: Under a Regulation D exemption for a private placement offering, the appropriate form D filing procedures were performed for the Texas Securities Board for the Chaucer Fredricksburg Prospect. All blue sky filings are made on our behalf by Mr. Hunter Durham, our securities attorney located in Columbia, Kentucky.

Section 15: Once again, the fact that AEG would represent that there exist no liability with this or any project is just another complete false accusation on the part of your information source. Explaining further, the risk of unlimited liability is explained throughout our marketing materials, and more importantly, this specific risk is disclosed numerous times in the private placement memorandum. As a measure to address this kind of risk, AEG does enter into a turnkey arrangement with the driller / operator as a means of addressing financial risks in that AEG partners will participate at the specified prices in our materials. This turnkey arrangement simply gives the investor and AEG one more layer of protection against potential cost over-runs from drilling. Another layer of protection against unlimited liability involves the activation of a commercial / general liability insurance policy for $5,000,000 for the partnership. All of this information is clearly disclosed in our materials. AT NO TIME DOES AEG EVER TELL AN INVESTOR THAT THERE IS NO UNLIMITED LIABLITY!

Section 16: I DID NOT intentionally fail to disclose any regulatory action with respect to the OTR Media, Inc. In May of 2003, my title was Director of Operations and better defined by my duties as THE OFFICE MANAGER. I was not a controlling member of management or a member of the Board of Directors. Per our legal counsel's recommendations, there was no disclosure requirement. Once again, it is my understanding that since this time all of the necessary compliance measures were performed as required by the Kentucky Department of Financial Institutions.

CONCLUSIONS OF LAW (Sections 2, 3, 4, 5, 6, and 7)

AEG's most valued asset is its shareholders and investor partners. In no way, shape, form, or fashion has AEG intentionally made any misrepresentations or fraudulent statements to prospective or current investors.

In no way, shape, or form has or would AEG inflict harm to the public or engage in any fraudulent manner.


ORDER (Sections 1, 2, 3, and 4)

AEG does agree to immediately cease and desist in the sale of any securities in the state of Texas until which time permitted by the TSB.

AEG contends that no fraudulent actions have occurred and/or ever will occur in the state of Texas.

AEG has ceased business operations at the Houston office.

AEG contends that no misleading statements have been made and/or ever will be made in the state of Texas.


SUMMARY

I would first like to say that my staff and I are extremely disappointed with the fact that the Texas Securities Board (TSB) did not contact and/or request any information directly from AEG prior to issuing this order.

Additionally, I feel that much of the information in the TSB's order is nonfactual and reflects poorly on the TSB as to how quick you were to judge a company based on the statements from a potentially disgruntled employee(s).

However, we recognize your regulatory authority, the importance of your institution to our industry, and the rules and regulations set forth by the Texas Securities Act.

Therefore, AEG would like to work with you in any reasonable capacity to resolve this matter and specifically request of the Commissioner to rescind this order immediately and/or at a hearing in the immediate future.


FACT
IN OUR VIEW, THERE WAS NO JUSTIFICATION ON THE PART OF THE TSB TO ISSUE THIS ORDER. THERE WAS NO COMPLAINT FROM ANY INVESTOR. AEG PROPERLY DISCLOSED THE RISKS TO QUALIFIED INVESTORS. THERE WAS NO WRONGDOING. THIS ENTIRE ORDER WAS INITIATED BY A RECENTLY TERMINATED DISGRUNTLED EMPLOYEE WHO HAD BEEN ATTEMPTING TO EXTORT AEG FOR WEEKS IN ORDER TO GET ABOUT $1500 THAT WAS NOT OWED TO HIM. THERE WAS NOT AND HAD NEVER BEEN ANY FRAUDULENT ACTIVITY COMMITTED BY ANYONE. AND THE TEXAS SECURITIES BOARD WOULD EVENTUALLY COME TO KNOW THIS ALL TO WELL. THAT IS WHY THE TSB AMENDED THE MARCH ORDER AND REQUESTED THAT ALLIED TO PAY FOR THE TIME AND COSTS ASSOCIATED WITH THE INVESTIGATION.

Therefore, this agreement with the TSB is appropriately disclosed as follows in the private placement memorandum to each prospective and current investor client:
THERE IS NO PENDING OR THREATENED LITIGATION AGAINST AEG.

IN MARCH OF 2004, THE TEXAS SECURITIES BOARD (TSB) ISSUED A TEMPORARY CEASE AND DESIST ORDER AGAINST THE CHAUCER FREDRICKSBURG PROSPECT (PREVIOUS DRILLING PROGRAM SPONSORED BY THE MANAGING GENERAL PARTNER) DEFINING THE OFFERING AS A SECURITY AND CHALLENGING THE PROGRAM'S EXEMPTION FROM REGISTRATION AS SET FORTH BY STATE AND FEDERAL SECURITIES LAWS (REGULATION D).

ALLIED VIGOROUSLY RESPONDED TO THIS ORDER CLAIMING THE RIGHT TO AN EXEMPTION FROM REGISTRATION UNDER REGULATION D RULE 506.

IN APRIL 2004, ALLIED, HAVING A GOOD AND VALID DEFENSE, REACHED A SETTLEMENT AGREEMENT WITH THE TSB TO RESOLVE THIS MATTER.

AS A RESULT OF THIS ORDER AND SETTLEMENT AGREEMENT, THE TEXAS SECURITIES BOARD HAS REQUIRED ALLIED TO MAKE FUTURE CHAUCER FREDRICKSBURG PROSPECT OFFERS TO TEXAS RESIDENTS ONLY THROUGH LICENSED AGENTS. ADDITIONALLY, THE TSB HAS INSTRUCTED THE MANAGING GENERAL PARTNER TO DISCLOSE THE RELATED PARTIES AND THEIR INTERESTS IN THE GENERAL PARTNER, ALLIED ENERGY, INC. IN ALL FUTURE CHAUCER FREDRICKSBURG PROSPECT OFFERINGS TO TEXAS RESIDENTS.

AS OF MAY 2004, THE MANAGING GENERAL PARTNER (ALLIED) HAS SUCCESSFULLY FUNDED AND SCHEDULED DRILLING OPERATIONS FOR THE CHAUCER FREDRICKSBURG PROSPECT. AS OF AUGUST 18, 2004, THE CHAUCER FREDRICKSBURG PROSPECT TESTED AT A PRODUCTION RATE OF 188 BARRELS OF OIL AND 216,000 CUBIC FEET OF GAS PER DAY (FACT: THIS CAN BE VERIFIED WITH THE TEXAS RAILROAD COMMISSION).


ISSUE: PERSONAL ATTACKS ON "YOURS TRULY" AND OTHERS

RIPOFFREPORT.COM

I am mystified as to the overall purpose of this website. RIPOFFREPORT.COM claims that it is a NON-BIAS public forum website to help the public investor. Moreover, RIPOFFREPORT.COM issues a disclaimer on its website informing the public that the information on its website is the sole creation of consumers from the general public and that viewers must agree to not hold RIPPOFFREPORT, the Bad Business Bureau, or any of their owners, employees or entities responsible for any information contained herein. However, they go to great extreme to say things like don't let them get away and make sure they make the ripoffreport throughout their entire website. It is very clear that RIPOFFREPORT.COM likes to work under the Guilty Until Proven Innocent theorem, sounds good and sells great!!!!

By the way, if in fact the RIPOFFREPORT.COM is truly a public organization for the public investor, why don't they disclose names of their owners, employees, donators, etc. It would probably be beneficial (as a public service) to see financial statements as to how they manage their funds. The fact is that they DO NOT EVEN HAVE A PHYSICAL ADDRESS ON THIS SITE NOR DO THEY HAVE A TELEPHONE NUMBER WHERE A LIVE VOICE ANSWERS!!!!!!!!!

WHAT IS THE TRUE ECONOMIC BENEFIT TO THE PEOPLE BEHIND THE SCENE?????

IN RECENT RESEARCH INTO THEIR INDUSTRY, I HAVE BEEN INFORMED THAT THE MAJORITY OF THESE WEBSITES OPERATE IN A VERY PROFITABLE FASHION. MOREOVER, I HAVE BEEN INFORMED THAT THERE ARE CASES WHERE COMPANIES LIKE RIPOFFREPORT.COM EXTORT COMPANIES THAT ARE SLANDERED ON THEIR WEBSITE FOR MONEY, HUH!!!!!!!!!!!

This will be my final response to Daniel in this forum. If anybody else has any questions regarding the issues addressed here- you are invited to call me at 1-800-330-2535 extension #205. Or you can e-mail me at ric@underwoodland.com.

Dan, I will close by inviting you, once again, to visit me here in Bowling Green. Get all of the facts. We have nothing to hide. We are still working hard to make this company a success and as I've expressed to you before, maybe you will discover an opportunity to become part of the solution -instead of volunteering to be part of the problem.
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#22 Author of original report

Slick Ric... More misleading statements of fact.

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

It seems that Ric Underwood has done it again with misleading half truths.

First of all Ric, slander is defamation that is spoken and heard and nothing of this has been communicated verbally and even if it were everything said would be based on facts and truth not lies. Second of libel is written defamation and everything that has been written by me is true and can be backed up by facts. So in either case you lose.

Now for the real truth again.

Bradley T. Lancaster and Richard P. Underwood of 2800 Griffin Drive, Bowling Green Kentucky regarding a Private Placement offering called OTR MEDIA initially solicited me during the month of September of 2002. This was the very first time that I had any contact with either of these individuals. Since I was an unaccredited investor I really wasn't looking to incur the risks associated with private placements. Richard Underwood even claimed that that OTR Media would be a 600 million-dollar company within 3 years and publicly traded on the NASDAQ.

During ensuing conversations with both individuals and after reviewing the Executive Summary that showed a cumulative return on investment of 1000% after 3 years things looked promising.

However, I had reservations about investing after reading the official private placement memorandum, which detailed various risks involved and the prospects of the company. Bradley Lancaster assured me that this was just boiler plate legal stuff and that this was the real deal and better than anything he had ever seen.

I purchased 5000 shares at $1.00 per share after I was assured by both individuals that OTR Media would start paying dividends by January of 2003 and at the latest June of 2002. In fact Bradley T. Lancaster told me that I would get all my money back by June 2003 at the latest. I wasn't looking for a long term investment and the ONLY reason that I made the investment was because of the dividends that both these individuals assured me would be paid during the first year.

Ric Underwood states above: "He was NEVER promised when the company might go public, if at all."

Now when I called Ric Underwood after June of 2003 he assured me again that investors would get their investment back by January of 2004. In addition to this Bradley personnally sent me an e-mail saying OTR would be going public in 120 days.

OTR news letter August 5th, 2003.

"We have been approached by a group of independent investment bankers who have proposed to bring us (OTR Media) "public" by the end of the year."

I called Ric Underwood again in December and asked him if OTR would be going public by the end of December trading at 6 to 8 dollars per share this after he told me last year that OTR Media would trade at 80 dollars per share.

OTR news letter January 23rd, 2004.

"OTR Media will be completing a "reverse merger" in the 1st quarter and will be traded publicly thereafter. All of the current stock and options holders will receive notification and instruction regarding this event from our securities attorneys in the very near future."

I assume that Ric Underwood knew that OTR would never qualify to go public after the Audited Financial Statement was completed on January 23rd 2004 because most all the money from the proceeds of several previous offering had been spent , and yet he kept telling me that the company was still going public long after January of 2004. Is this not misrepresenting the facts???

Ric Underwood stated above that "As for David Rose, I worked for David Rose as his marketing manager but left his company after I realized his investors didn't have much of a chance of success." Then WHY didn't he leave after Dave Rose's first failed Oil and Gas business??? Why did he stick around for the second failed Oil and Gas deal??? Could it be all the money he was making???

Ric Underwood also stated above that "Everyone involved in the sale of securities at Allied Energy is licensed in accordance with the requirements of the SEC and Kentucky Department of Financial Institutions."

The SEC doesn't make requirements for securities licence registration, that is under the authority of each State and the NASD. Series 7, 4, and 63. Tell us exactly what kind of licence your contract salesmen have and with what authority are they registered.

"Our securities are EXEMPT FROM REGISTRATION pursuant to reg.D rule 506."

Yes that's is true Ric but each State requires that every security sold in that State be registered with that State before being sold to potential investors. In the case of a Reg 506 D. only Accredited Investors can invest and no more that 35 Non- Accredited Investors with which there was a PRIOR relationship may invest.

How many of these Non Accredited Investors did you have a prior relationship?? I never had any prior relationship with YOU or anyone working for you.

Ric Underwood states above, "Neither the Texas cease&desist or the Kentucky cease&desist alleged any fraud and Allied continues to do business in both States."

According to the Cease and Desist Order issued to you by the Texas State Securities Board ENF-04-CDO-1562 dated 27 May 2004.
For Violations of Section 7 & 12 of the Texas Securities Act.

Item #1. It is therefore ORDERED that RESPONDENTS immediately CEASE and DESIST from offering and sale of security in Texas until that security is registered with the securities commissioner or is offered for sale pursuant to an exemption from registration under the Texas Securities Act.

Item #2. It is further ORDERED that RESPONDENTS immediately CEASE and DESIST from acting as Securities Dealer or Agents in Texas until Respondents are registered with the Securities Commissioner or are acting pursuant to an exemption from registration under the Texas Securities Act.

Item #3. It is further ORDERED that RESPONDENTS immediately CEASE and DESIST from engaging in conduct that is materially misleading or is otherwise likely to deceive the public in connection with the offer for sale of any security in Texas.

On May 10th 2003 Ric Underwood was issued a STOP ORDER and an ORDER to CEASE and DESIST by the Kentucky Department of Financial Institutions for violations of various Kentucky Laws including sales of unregistered securities and sales of securities through unregistered agents.

According to the Independent Auditors Report of Malone and Bailey PLLC, Houston Texas. NOTE 10: From September 1, 2003 through January 23, 2004 OTR Media has financed its operations by selling preferred shares for $184,191.00 gross proceeds.

According to the LAW , FRAUD is a term describing all the ways that human ingenuity can devise to gain an advantage over another person by false suggestions or by concealing the truth and the person justifiably relies on the statements made. It has also been used interchangeably with the words "misrepresentation" and "deceit".

Ric Underwood states above: "By the way, both OTR Media and Allied Energy are two completely separate business entities - that share the same address - at opposite ends of the same building. Both have paid their own 'rent' and Daniel's presumption of commingling is another of his willfully ignorant fantasies."

Ric where did Allied Energy get the money to pay the rent when you just started offering shares for sale last year?? Let me guess a benefactor right??

Tell me this Ric, You're the CEO of OTR Media and a Principal Officer of Allied Energy?? Ray Spangnuolo is the new President of OTR Media and the President Allied Energy??

How can you two possibly manage two companies at the same time with equal attention?? How can both of you two possibly be at the opposite ends of the same building at the same time to service both companies??

Ric Underwood states above "No investor or prospective investor was ever told that the company was already paying dividends"

Ric......I have a witness that told me that Bradley Lancaster, one of you're sales reps called him on the phone about investing in Allied Energy and told him that OTR was already paying a dividend when in fact is was not. I even called YOU to complain about him deceiving others. Would you like me to have him call you to verify this? I gave you his name and phone number.

This isn't a transparent attempt to cause massive damage but to tell potential investors the truth about how you operate before making an investment decision, which every potential investor has a right to know.
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#23 REBUTTAL Individual responds

Disgruntled Dan - NOT INTERESTED IN THE TRUTH

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

I have been in constant contact with Dan via e-mail for the last year or so.

I have repeatedly invited him to come to Bowling Green and investigate for himself instead of hurling slanderous, libelous, and insulting innuendo at me and the good people who are doing everything in their power to make OTR Media a success for our shareholders. Yet, he refuses.

I have spent more time speaking and/or emailing with Daniel than any other stockholder in either of the two companies. Yet he refuses to be satisfied with any information supplied to him.

After a year of phone calls and e-mails with no success in communication with him, my lawyer suggested that I stop taking up my valuable time by interacting with him since it seemed obvious that he was not interested in the truth but in his own delusional fantasies.

WELL, NOW FOR THE TRUTH.

Daniel did invest into OTR Media stock. That much is true. But, he was NEVER promised that the company would pay dividends or when they might be paid. He was NEVER promised when the company might go public, if at all. No investor or prospective investor was ever told that the company was already paying dividends. OTR originally sold common stock for $1/share. And later on sold preferred stock at $3/share.

The former president of OTR Media was fired - and a Federal lawsuit is pending against him for recovery of damages to the company. His actions did, however severely handicap the company and delayed our successful execution of our business plan by over a year.

As for David Rose, I worked for David Rose as his marketing manager but left his company after I realized his investors didn't have much of a chance of success. Yes, I was named in a lawsuit by a former investor of Sunclear. This is an investor that I have never heard of and likely invested after my departure. As you know, anyone can sue anyone.

Everyone involved in the sale of securities at Allied Energy is licensed in accordance with the requirements of the SEC and Kentucky Department of Financial Institutions. Our securities are EXEMPT FROM REGISTRATION pursuant to reg.D rule 506. Hundreds of millions -if not billions of dollars are sold each year as "unregistered securities." Neither the Texas cease&desist or the Kentucky cease&desist alleged any fraud and Allied continues to do business in both States. This information is properly disclosed in detail to each and every prospective and current investor/partner.

Daniel's allegations about executive compensation are based upon his own misinterpretation of the audited financials that he received from me about two weeks ago. OTR had its financials audited for the purpose of enabling the company to be acquired or merge with a public company. Now, the very notion that someone would commit fraud or some other type of malfeasance and then document it and then provide that documentation to a victim of the wrongdoing is preposterous. Daniel has been invited to discuss his "questions" with those who can answer them but naturally... refused.

By the way, both OTR Media and Allied Energy are two completely separate business entities - that share the same address - at opposite ends of the same building. Both have paid their own 'rent' and Daniel's presumption of commingling is another of his willfully ignorant fantasies.

The OTR team has worked and continue to work long hard hours to make the company successful. I personally have worked 60-80 hours a week for over 2 1/2 years without any vacation time. I feel no pity for a fellow like Dan who apparently has nothing better to do with his time than to snipe at those who spend all of their time working in that fellow's best interest. Indeed, I am FURIOUS that he would stoop so low as to attempt to destroy all that we have been laboring for, plus jeopardizing the hard earned investment dollars of all of those wonderful partners who have trusted us to see this through.

Daniel has accused me of "robbing" "fraud" "commingling" "lying" "swindling" "misrepresentation" "corruption" etc. He has generally tried to paint a picture that any of our partners who have come to visit us know it to be totally untrue. I'm sorry for all of us that he ever became involved with our company.

If Dan doesn't back down from his transparent attempt to cause massive damage to either or both companies then I will recommend to the stockholders of both companies that they initiate a lawsuit against him for damage to the company and I personally will consider one for slander and libel.

I believe in free speech but what Daniel has done here is tantamount to yelling "FIRE!" in a crowded theatre. And the folks at "ripoffreport.com" might check with their lawyers as to their own potential liability for allowing these type of unfiltered attacks.

Information is available on each of the company websites:
www.alliedenergy.com
www.otrmedia.com

THANK YOU FOR READING THIS

Sincerely, Ric Underwood, Chairman
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#24 REBUTTAL Individual responds

Disgruntled Dan - NOT INTERESTED IN THE TRUTH

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

I have been in constant contact with Dan via e-mail for the last year or so.

I have repeatedly invited him to come to Bowling Green and investigate for himself instead of hurling slanderous, libelous, and insulting innuendo at me and the good people who are doing everything in their power to make OTR Media a success for our shareholders. Yet, he refuses.

I have spent more time speaking and/or emailing with Daniel than any other stockholder in either of the two companies. Yet he refuses to be satisfied with any information supplied to him.

After a year of phone calls and e-mails with no success in communication with him, my lawyer suggested that I stop taking up my valuable time by interacting with him since it seemed obvious that he was not interested in the truth but in his own delusional fantasies.

WELL, NOW FOR THE TRUTH.

Daniel did invest into OTR Media stock. That much is true. But, he was NEVER promised that the company would pay dividends or when they might be paid. He was NEVER promised when the company might go public, if at all. No investor or prospective investor was ever told that the company was already paying dividends. OTR originally sold common stock for $1/share. And later on sold preferred stock at $3/share.

The former president of OTR Media was fired - and a Federal lawsuit is pending against him for recovery of damages to the company. His actions did, however severely handicap the company and delayed our successful execution of our business plan by over a year.

As for David Rose, I worked for David Rose as his marketing manager but left his company after I realized his investors didn't have much of a chance of success. Yes, I was named in a lawsuit by a former investor of Sunclear. This is an investor that I have never heard of and likely invested after my departure. As you know, anyone can sue anyone.

Everyone involved in the sale of securities at Allied Energy is licensed in accordance with the requirements of the SEC and Kentucky Department of Financial Institutions. Our securities are EXEMPT FROM REGISTRATION pursuant to reg.D rule 506. Hundreds of millions -if not billions of dollars are sold each year as "unregistered securities." Neither the Texas cease&desist or the Kentucky cease&desist alleged any fraud and Allied continues to do business in both States. This information is properly disclosed in detail to each and every prospective and current investor/partner.

Daniel's allegations about executive compensation are based upon his own misinterpretation of the audited financials that he received from me about two weeks ago. OTR had its financials audited for the purpose of enabling the company to be acquired or merge with a public company. Now, the very notion that someone would commit fraud or some other type of malfeasance and then document it and then provide that documentation to a victim of the wrongdoing is preposterous. Daniel has been invited to discuss his "questions" with those who can answer them but naturally... refused.

By the way, both OTR Media and Allied Energy are two completely separate business entities - that share the same address - at opposite ends of the same building. Both have paid their own 'rent' and Daniel's presumption of commingling is another of his willfully ignorant fantasies.

The OTR team has worked and continue to work long hard hours to make the company successful. I personally have worked 60-80 hours a week for over 2 1/2 years without any vacation time. I feel no pity for a fellow like Dan who apparently has nothing better to do with his time than to snipe at those who spend all of their time working in that fellow's best interest. Indeed, I am FURIOUS that he would stoop so low as to attempt to destroy all that we have been laboring for, plus jeopardizing the hard earned investment dollars of all of those wonderful partners who have trusted us to see this through.

Daniel has accused me of "robbing" "fraud" "commingling" "lying" "swindling" "misrepresentation" "corruption" etc. He has generally tried to paint a picture that any of our partners who have come to visit us know it to be totally untrue. I'm sorry for all of us that he ever became involved with our company.

If Dan doesn't back down from his transparent attempt to cause massive damage to either or both companies then I will recommend to the stockholders of both companies that they initiate a lawsuit against him for damage to the company and I personally will consider one for slander and libel.

I believe in free speech but what Daniel has done here is tantamount to yelling "FIRE!" in a crowded theatre. And the folks at "ripoffreport.com" might check with their lawyers as to their own potential liability for allowing these type of unfiltered attacks.

Information is available on each of the company websites:
www.alliedenergy.com
www.otrmedia.com

THANK YOU FOR READING THIS

Sincerely, Ric Underwood, Chairman
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#25 Author of original report

OTR Media, Bowling Green Kentucky, Private Placement Stock ..another instance of theft and fraud!

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

Private Placement Memorandum States:

Page 31 : Subscriptions may be offered through the officers and certain representatives of the Company and by selected registered broker/dealers on a best efforts basis. On Subscriptions placed by participating broker/dealers, the Company may pay a commission of up to 10% of the aggregate amount placed.

Of the 3.85 million in cash raised by you and your questionable contract help from stock sales , $905,254.00 was paid in commissions and bonuses. By my calculations, 10% of $3.85 million is $384,674.00 , which means these salesmen were over compensated by the amount of $520,580.00. This is not what the Private Placement Memorandum authorized ! This is another instance of theft and fraud!

Page 38: Salaries anticipated for :

1.) CEO/ Interim President...........$66,000
2.) V.P. Engineering R&D ........... $60,000
3.) V.P. Operations & Manufacturing..$60,000
4.) CFO ............................$60,000

Total ...............................$246,000

I assume that salaries are on an annual basis but in any event the audited financial statement states that you the CEO and 3 other executives were paid a total of $696,000 for an over amount of $450,000 dollars plus you the CEO was paid $90,000 for renting office space for company operations which at the same time, was used by Allied Energy. Another instance of co-mingling funds and fraud.

In addition to that you the CEO was paid another $711,768 dollars; for a total of $1,407,768 dollars total compensation for management!. This is a whopping $1,161,768 more than what was stated in the Private Placement Memorandum!!

Now if this isn't fraud I don't know what is especially since the Company OTR Media wasn't making a dime in earnings. Yet you SOB"S took it upon yourselves to rob the shareholders money with exorbitant compensation, never authorized by the Private Placement Memorandum!

Fraud big time! Heck that's almost 36% of the money raised and all totaled 60% of the money raised went into the pockets of the salesmen and management and the company hasn't made a dime!!!

Hey Ric .........who do you think your fooling? Do you think you deserve the respect of shareholders? You keep telling me you have integrity.......... does this equate to integrity?

I won't mention the fact that you lost money in the market with some of the money you raised which was never authorized by the Private Placement Memorandum.

I hope you sleep good at night knowing full well you're swindling people out of their money to live the high life. Many investors placed their trust in you with money they probably can't afford to lose.
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#26 Author of original report

OTR Media, Bowling Green Kentucky, Private Placement Stock ..another instance of theft and fraud!

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

Private Placement Memorandum States:

Page 31 : Subscriptions may be offered through the officers and certain representatives of the Company and by selected registered broker/dealers on a best efforts basis. On Subscriptions placed by participating broker/dealers, the Company may pay a commission of up to 10% of the aggregate amount placed.

Of the 3.85 million in cash raised by you and your questionable contract help from stock sales , $905,254.00 was paid in commissions and bonuses. By my calculations, 10% of $3.85 million is $384,674.00 , which means these salesmen were over compensated by the amount of $520,580.00. This is not what the Private Placement Memorandum authorized ! This is another instance of theft and fraud!

Page 38: Salaries anticipated for :

1.) CEO/ Interim President...........$66,000
2.) V.P. Engineering R&D ........... $60,000
3.) V.P. Operations & Manufacturing..$60,000
4.) CFO ............................$60,000

Total ...............................$246,000

I assume that salaries are on an annual basis but in any event the audited financial statement states that you the CEO and 3 other executives were paid a total of $696,000 for an over amount of $450,000 dollars plus you the CEO was paid $90,000 for renting office space for company operations which at the same time, was used by Allied Energy. Another instance of co-mingling funds and fraud.

In addition to that you the CEO was paid another $711,768 dollars; for a total of $1,407,768 dollars total compensation for management!. This is a whopping $1,161,768 more than what was stated in the Private Placement Memorandum!!

Now if this isn't fraud I don't know what is especially since the Company OTR Media wasn't making a dime in earnings. Yet you SOB"S took it upon yourselves to rob the shareholders money with exorbitant compensation, never authorized by the Private Placement Memorandum!

Fraud big time! Heck that's almost 36% of the money raised and all totaled 60% of the money raised went into the pockets of the salesmen and management and the company hasn't made a dime!!!

Hey Ric .........who do you think your fooling? Do you think you deserve the respect of shareholders? You keep telling me you have integrity.......... does this equate to integrity?

I won't mention the fact that you lost money in the market with some of the money you raised which was never authorized by the Private Placement Memorandum.

I hope you sleep good at night knowing full well you're swindling people out of their money to live the high life. Many investors placed their trust in you with money they probably can't afford to lose.
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#27 Author of original report

OTR Media, Bowling Green Kentucky, Private Placement Stock ..another instance of theft and fraud!

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

Private Placement Memorandum States:

Page 31 : Subscriptions may be offered through the officers and certain representatives of the Company and by selected registered broker/dealers on a best efforts basis. On Subscriptions placed by participating broker/dealers, the Company may pay a commission of up to 10% of the aggregate amount placed.

Of the 3.85 million in cash raised by you and your questionable contract help from stock sales , $905,254.00 was paid in commissions and bonuses. By my calculations, 10% of $3.85 million is $384,674.00 , which means these salesmen were over compensated by the amount of $520,580.00. This is not what the Private Placement Memorandum authorized ! This is another instance of theft and fraud!

Page 38: Salaries anticipated for :

1.) CEO/ Interim President...........$66,000
2.) V.P. Engineering R&D ........... $60,000
3.) V.P. Operations & Manufacturing..$60,000
4.) CFO ............................$60,000

Total ...............................$246,000

I assume that salaries are on an annual basis but in any event the audited financial statement states that you the CEO and 3 other executives were paid a total of $696,000 for an over amount of $450,000 dollars plus you the CEO was paid $90,000 for renting office space for company operations which at the same time, was used by Allied Energy. Another instance of co-mingling funds and fraud.

In addition to that you the CEO was paid another $711,768 dollars; for a total of $1,407,768 dollars total compensation for management!. This is a whopping $1,161,768 more than what was stated in the Private Placement Memorandum!!

Now if this isn't fraud I don't know what is especially since the Company OTR Media wasn't making a dime in earnings. Yet you SOB"S took it upon yourselves to rob the shareholders money with exorbitant compensation, never authorized by the Private Placement Memorandum!

Fraud big time! Heck that's almost 36% of the money raised and all totaled 60% of the money raised went into the pockets of the salesmen and management and the company hasn't made a dime!!!

Hey Ric .........who do you think your fooling? Do you think you deserve the respect of shareholders? You keep telling me you have integrity.......... does this equate to integrity?

I won't mention the fact that you lost money in the market with some of the money you raised which was never authorized by the Private Placement Memorandum.

I hope you sleep good at night knowing full well you're swindling people out of their money to live the high life. Many investors placed their trust in you with money they probably can't afford to lose.
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