• Report: #381276

Complaint Review: Growthink

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  • Submitted: Tue, October 14, 2008
  • Updated: Mon, February 23, 2009

  • Reported By:Los Angeles California
Growthink
6033 West Century Blvd Los Angeles, California U.S.A.

Growthink - Jeff Jones - Private Placement Memorandums Are Not Worth The Paper It Is Written On. Growthink, Jeff Jones growthink private placement memorandums are not worth the paper it is written on. Los Angeles California

*Author of original report: Watch out for this firm

*Author of original report: i wouldnt use them, go tot someoene sle

*REBUTTAL Individual responds: Response to the "Unhappy Client"

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Growthink.com private placement?

growthink's private placement memorandum 'division' is not good. There is no attorneys that review the documents. I showed the PPM to my securities attorney and he literally tore it up and said i would be sued if i gave it to investors. My attorney likes to charge $30k for a PPM, but growthink's fee was half this, thats why i went with them. There business plans are good, but i feel that they overcharge for the PPM, espeically since no lawyers review it. Jeff Jones is in charge of the PPM writing but he is not familiar with securities laws, just generic law. I am not one to complain on the internet about poor work, but i feel i have no choice but to report this.

growthink's PPM is not worth it. Great company, but they are pretty much new at PPMs and now i have to pay my overpriced attorney to fix the whole thing.

Ben
Los Angeles, California

Unhappy client
Los Angeles, California
U.S.A.

This report was posted on Ripoff Report on 10/14/2008 07:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/Growthink/Los-Angeles-California-90045/Growthink-Jeff-Jones-Private-Placement-Memorandums-Are-Not-Worth-The-Paper-It-Is-Writt-381276. 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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REBUTTALS & REPLIES:
0Author 2Consumer 1Employee/Owner
Updates & Rebuttals

#1 Author of original report

Watch out for this firm

AUTHOR: Unhappy client - (U.S.A.)

They suck and are not trustworthy.
Update.
arlene
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#2 Author of original report

i wouldnt use them, go tot someoene sle

AUTHOR: Unhappy client - (U.S.A.)

very few people ar eintrested.
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#3 REBUTTAL Individual responds

Response to the "Unhappy Client"

AUTHOR: Growthink Management - (U.S.A.)

In response to the reported complaint, we do not have a client in Los Angeles with that name. Unfortunately, we believe this is a hoax or possibly a person that may have inquired about our services and was not able to engage our firm's resources.

For nearly 10 years, Growthink has provided our clients with outstanding service and work. We have completed more than 1,600 successfull client engagements ranging from strategic business planning and consulting projects to market research assignments to fund raising campaigns.

We are a registered broker/dealer investment bank with FINRA (formerly NASD) in every state and have been developing private placement memorandums for years. While we always encourage our clients to have their documents reviewed by legal counsel, our process and work product is extremely professional and effective. Our client satisfaction rate is high and can provide references to prove it. Our track record is strong.

We feel these statements are libelous and, in no way, accurately depict our methodology and request their immediate removal.

Thank you for your cooporation.

Growthink Management
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