• Report: #387205

Complaint Review: Growthink.com

  • Submitted: Sun, November 02, 2008
  • Updated: Mon, February 23, 2009

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

Growthink.comHorrible Service, poor Private Placement Memorandums! Not good for funding! Las Angeles California

*Author of original report: Refund the money please

*Consumer Suggestion: YOU SHOULD USE PPMFAST.COM

*Author of original report: growthink yada yada

*Author of original report: growthink, watch out, not soooo good.

*Author of original report: Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

*Author of original report: Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

*Author of original report: Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

*Author of original report: Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

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Growthink as Business Planning Partner
Just the Fees Please
By Reva A published Jul 07, 2008

A few months ago a small emerging land development firm, R & A Development Group, LLC, engaged growthink to do business planning and to prepare and fund a private placement memorandum. The firm is new to land development, but has an interest in developing resorts in rural communities, and they are seeking business planning and equity funding for a pilot spa resort called Creekside in Missouri.

Upon approaching growthink, the principals were assured that their inexperience didn't matter and that growthink had a team of experts who would advise them during the business planning process. However, the principals only spoke with one person during the business planning process. As a result, the business plan added no particular advantage to the business development efforts of the principals to launch a pilot spa resort in rural Missouri.

During the initial conversations questions were rasied about the type of project the spa resort represented and its suitability for eventual equity funding through the investment banking division of growthink. Again, the principals were assured that the project fit well within the firm's funding scope.

After some effort, the business plan and the private placement memorandum were developed. Growthink was paid per agreement for the documents. However, following their completion no effort was made to carry on the capital raise portion of the relationship. Emails were sent, phone calls made, and messages left with no response from growthink. Eventually, a letter was written requesting a refund of the document fees since they were insufficient as instruments for growthink to use for capital raise equity or debt funding. The letter received no acknowledgement or response.

Reva a
Los Angeles, California
U.S.A.

This report was posted on Ripoff Report on 11/02/2008 12:17 PM and is a permanent record located here: http://www.ripoffreport.com/r/Growthinkcom/Las-Angeles-California-90045/GrowthinkcomHorrible-Service-poor-Private-Placement-Memorandums-Not-good-for-funding-L-387205. 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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Updates & Rebuttals

#1 Author of original report

Refund the money please

AUTHOR: Reva anderson - (U.S.A.)

I want money back. they didnt help me raise money!!! bastards!!!
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#2 Consumer Suggestion

YOU SHOULD USE PPMFAST.COM

AUTHOR: Angel Man - (U.S.A.)

This site will help you put together a correct PPM!

We have used them more than a dozen times and they're awesome at what they do.

They would probably review the PPM you had done by GrowThink and help pinpoint the problems.

They're at www.ppmfast.com and you can reach Eric or Mike at 1.866.225.6904.

Good luck, hope you get this taken care of.
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#3 Author of original report

growthink yada yada

AUTHOR: Reva anderson - (U.S.A.)

forget this, lts go to the game,.
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#4 Author of original report

growthink, watch out, not soooo good.

AUTHOR: Reva anderson - (U.S.A.)

ppm not so good. help.
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#5 Author of original report

Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

AUTHOR: Reva anderson - (U.S.A.)

Poor PPM. I wouldn't pay for this private placement service if I were you.

Growthink as Business Planning Partner Just the Fees Please By Reva Anderson, published Jul 07, 2008

A few months ago a small emerging land development firm, R & A Development Group, LLC, engaged growthink to do business planning and to prepare and fund a private placement memorandum. The firm is new to land development, but has an interest in developing resorts in rural communities, and they are seeking business planning and equity funding for a pilot spa resort called Creekside in Missouri. Upon approaching growthink, the principals were assured that their inexperience didn't matter and that growthink had a team of experts who would advise them during the business planning process. However, the principals only spoke with one person during the business planning process.

As a result, the business plan added no particular advantage to the business development efforts of the principals to launch a pilot spa resort in rural Missouri. During the initial conversations questions were rasied about the type of project the spa resort represented and its suitability for eventual equity funding through the investment banking division of growthink. Again, the principals were assured that the project fit well within the firm's funding scope. After some effort, the business plan and the private placement memorandum were developed. Growthink was paid per agreement for the documents. However, following their completion no effort was made to carry on the capital raise portion of the relationship. Emails were sent, phone calls made, and messages left with no response from growthink. Eventually, a letter was written requesting a refund of the document fees since they were insufficient as instruments for growthink to use for capital raise equity or debt funding. The letter received no acknowledgement or response.

Reva anderson Los Angeles, California
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#6 Author of original report

Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

AUTHOR: Reva anderson - (U.S.A.)

Poor PPM. I wouldn't pay for this private placement service if I were you.

Growthink as Business Planning Partner Just the Fees Please By Reva Anderson, published Jul 07, 2008

A few months ago a small emerging land development firm, R & A Development Group, LLC, engaged growthink to do business planning and to prepare and fund a private placement memorandum. The firm is new to land development, but has an interest in developing resorts in rural communities, and they are seeking business planning and equity funding for a pilot spa resort called Creekside in Missouri. Upon approaching growthink, the principals were assured that their inexperience didn't matter and that growthink had a team of experts who would advise them during the business planning process. However, the principals only spoke with one person during the business planning process.

As a result, the business plan added no particular advantage to the business development efforts of the principals to launch a pilot spa resort in rural Missouri. During the initial conversations questions were rasied about the type of project the spa resort represented and its suitability for eventual equity funding through the investment banking division of growthink. Again, the principals were assured that the project fit well within the firm's funding scope. After some effort, the business plan and the private placement memorandum were developed. Growthink was paid per agreement for the documents. However, following their completion no effort was made to carry on the capital raise portion of the relationship. Emails were sent, phone calls made, and messages left with no response from growthink. Eventually, a letter was written requesting a refund of the document fees since they were insufficient as instruments for growthink to use for capital raise equity or debt funding. The letter received no acknowledgement or response.

Reva anderson Los Angeles, California
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#7 Author of original report

Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

AUTHOR: Reva anderson - (U.S.A.)

Poor PPM. I wouldn't pay for this private placement service if I were you.

Growthink as Business Planning Partner Just the Fees Please By Reva Anderson, published Jul 07, 2008

A few months ago a small emerging land development firm, R & A Development Group, LLC, engaged growthink to do business planning and to prepare and fund a private placement memorandum. The firm is new to land development, but has an interest in developing resorts in rural communities, and they are seeking business planning and equity funding for a pilot spa resort called Creekside in Missouri. Upon approaching growthink, the principals were assured that their inexperience didn't matter and that growthink had a team of experts who would advise them during the business planning process. However, the principals only spoke with one person during the business planning process.

As a result, the business plan added no particular advantage to the business development efforts of the principals to launch a pilot spa resort in rural Missouri. During the initial conversations questions were rasied about the type of project the spa resort represented and its suitability for eventual equity funding through the investment banking division of growthink. Again, the principals were assured that the project fit well within the firm's funding scope. After some effort, the business plan and the private placement memorandum were developed. Growthink was paid per agreement for the documents. However, following their completion no effort was made to carry on the capital raise portion of the relationship. Emails were sent, phone calls made, and messages left with no response from growthink. Eventually, a letter was written requesting a refund of the document fees since they were insufficient as instruments for growthink to use for capital raise equity or debt funding. The letter received no acknowledgement or response.

Reva anderson Los Angeles, California
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#8 Author of original report

Growthink.com, Growthink Horrible Service, poor PPM Private Placement Memorandums! Not good for funding! Las Angeles California

AUTHOR: Reva anderson - (U.S.A.)

Poor PPM. I wouldn't pay for this private placement service if I were you.

Growthink as Business Planning Partner Just the Fees Please By Reva Anderson, published Jul 07, 2008

A few months ago a small emerging land development firm, R & A Development Group, LLC, engaged growthink to do business planning and to prepare and fund a private placement memorandum. The firm is new to land development, but has an interest in developing resorts in rural communities, and they are seeking business planning and equity funding for a pilot spa resort called Creekside in Missouri. Upon approaching growthink, the principals were assured that their inexperience didn't matter and that growthink had a team of experts who would advise them during the business planning process. However, the principals only spoke with one person during the business planning process.

As a result, the business plan added no particular advantage to the business development efforts of the principals to launch a pilot spa resort in rural Missouri. During the initial conversations questions were rasied about the type of project the spa resort represented and its suitability for eventual equity funding through the investment banking division of growthink. Again, the principals were assured that the project fit well within the firm's funding scope. After some effort, the business plan and the private placement memorandum were developed. Growthink was paid per agreement for the documents. However, following their completion no effort was made to carry on the capital raise portion of the relationship. Emails were sent, phone calls made, and messages left with no response from growthink. Eventually, a letter was written requesting a refund of the document fees since they were insufficient as instruments for growthink to use for capital raise equity or debt funding. The letter received no acknowledgement or response.

Reva anderson Los Angeles, California
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