- Report: #381276
Report - Rebuttal - Arbitrate
Complaint Review: Growthink
Growthink6033 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'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.
Los Angeles, California
Los Angeles, California
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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