ED Magedson – Founder
NL Walker Associates1610 Argyle Ave Los Angeles, California USA
NL Walker Associates, Norell Walker, Dustin Edwards Penny stock ripoff Los Angeles California
This is a scam operation. I was approached by Jay of NL Walker Associates with a stock offer for a company that had ostensibly hired NL Walker and Associates for publicity purposes. Subsequent to Jay, my contact was Dustin Edwards whom I believe resides at (((REDACTED))). They enticed me to invest with offers of additional restricted shares and postured as if they had a life line to company execs. They represented that they did not get paid until the stock reached $5.00 per share and indeed the stock had a brief impressive run, but the quid pro quo on the deal was for investors to stay in until a viral campaign in mid-February. Mid-February comes and - poof! - the phones are shut down and the company disappears. Clearly, the principals were shorting the stock while representing the opposite. My subsequent reserch indicates that Mr. Walker is also listed as CEO of the shell corp for the stock, so it would appear they simply acquired the rights to an existing ticker and initiated their scam. These guys are bottom feeders, the lowest of the low. Stay away from them.
This report was posted on Ripoff Report on 02/19/2014 12:27 PM and is a permanent record located here: http://www.ripoffreport.com/reports/nl-walker-associates/los-angeles-california-90028/nl-walker-associates-norell-walker-dustin-edwards-penny-stock-ripoff-los-angeles-califor-1124828. 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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