Complaint Review: James Vallo & Westbridge Entertainment
James Vallo & Westbridge Entertainment Christian Bryant Refuses to show investors how their investment money was spent on their film - possible fraud Internet, Internet
*REBUTTAL Owner of company: Erroneous Report
When some of the investors asked to audit the film's financial records, Vallo and Foreman refused to provide any financial records or information other than a final budget sheet that had massive discrepencies and inconsistencies when compared to the original budget investors had seen. Again, investors asked to see the financial records in order to compare it to the final budget, but were denied.
Investors asked for copies of signed distribution deals that Mr. Vallo and Mr. Foreman had apparently signed once the film was released, but were again refused when they asked for records of the said documents and contracts.
A number of investors also compared their own investor contracts with each other and found countless financial inaccuracies that made the contracts impossible to live up to on the producers' part. Investors were strongly discouraged by Mr. Foreman from contacting each other, but they did anyway since most of them had never heard of each other until some of them starting reaching out on different websites. On multiple occassions, Foreman and Vallo have threatened to sue the investors if they talk to anyone regarding these issues.
This report was posted on Ripoff Report on 01/29/2012 10:38 AM and is a permanent record located here: http://www.ripoffreport.com/reports/james-vallo-westbridge-entertainment/internet/james-vallo-westbridge-entertainment-christian-bryant-refuses-to-show-investors-how-thei-830629. 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. READ: Foreign websites steal our content
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