- Report: #874288
Report - Rebuttal - Arbitrate
Complaint Review: Trademark Capital Group LLC
Trademark Capital Group LLC509 S. Chickasaw Trail, #187 Orlando, Florida United States of America
Trademark Capital Group LLC Brent Howells Seed and Growth Capital Scam and Fraud!!! Orlando, Florida
*Author of original report: Still Unresolved - Formal Complaint To Be Filed
*Author of original report: Unresolved
*Author of original report: Deletion in Progress. This matter has been resolved.
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Upon the conclusion of the phone call, TCG then sends out several documents containing requirements:
Corporate Relationship Requirements
Business Plan Needs
These respective documents consume a tremendous amount of time to complete, particularly the Financial Requirements. TCG requests that you produce your own Pro Forma and 10 Year Projection statements with minimal input and assistance. This action is designed to overwhelm you and consume your time beyond the normal amount of time it would take a professional company to produce these same documents.
Upon completing and all TCG requirements and submissions, TCG will send draft documents of the Business Plan, Due Diligence Report, Industry Analysis and Market Analysis Reports (all generic) for your respective edits and feedback. After providing and submitting your respective edits, communication will be significantly reduced.
You will then receive an email informing you that TCG has begun a review of the transaction and assessment of its viability.
You will then wait approximately 90 days to receive a letter stating:
"TCG has also gone through our obligations to date, and the agreed overall expectation that Company placed upon TCG, and determined that with all delays in payment up front and continued non-compliance with agreed dates for requested information to be delivered, that TCG has performed above and beyond the scope of our original agreements. TCG has performed its services in the professional and timely manner expected of us and worked through extensions which resulted in the financial obligations and costs on our end of this agreement to become exponentially higher than agreed upon and without consideration on the part of Company".
"With that decision confirmed and the results of our internal review understood, Trademark Capital Group, LLC does not feel confident, and has no desire to continue, and sees no obligation to continue in, the relationship between our two companies in regard to the further performance on the original agreements between us".
With that said, for approximately $42,000, you are left with nothing concrete. No finalized documents or Private Placement Memo, absolutely nothing but TCG's blatant failure to perform the services outlined in the Agreement.
Therefore, I strongly discourage any business seeking capital, to attempt to utilize the services of either Trademark Capital Group LLC or any of its Managing Members, Brent J. Howells or Beau J. Howells. This is a fraudulent business without positive business intentions. There are far more credible and legitimate companies who will provide the services they indicate from the onset.
This report was posted on Ripoff Report on 04/26/2012 12:34 PM and is a permanent record located here: http://www.ripoffreport.com/r/Trademark-Capital-Group-LLC/Orlando-Florida-32825/Trademark-Capital-Group-LLC-Brent-Howells-Seed-and-Growth-Capital-Scam-and-Fraud-Orland-874288. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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