Complaint Review: Texas State Securities - Austin Texas
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- Author Confirmed
- Texas State Securities 208 E. 10th Street, 5th Floor Austin, Texas USA
- Phone: 512-305-8300
- Web: http://www.ssb.state.tx.us/
- Category: State Government
Texas State Securities Texas Securities THE TEXAS SECURITIES BOARD, OBSTRUCTING JUSTICE OR APATHETIC? Austin Texas
*General Comment: Texas State Securities
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THE TEXAS SECURITIES BOARD, OBSTRUCTING JUSTICE OR APATHETIC?
Here are the current members of the current Texas Securities Board all appointed by Governor Rick Perry, 2016 Presidential hopeful. Three of these people are attorneys so they know the law. One is a CPA so he can do the math. And the last one is a businessman. These individuals are appointed to staggered term positions, primarily, as with all appointed positions, as payback for their support in getting a politician elected. These folks are not appointed because they are intelligent or civic minded or a patriot or qualified to hold the position, they are given a titled position as a prize for being on the right side, last election! However, they do carry the title, ability and the responsibility of the office they have been appointed to, so they decide how effective they will be in upholding the mission of position they hold.
The most accurate comparison for most political appointees and their ability or willingness to actual do something appears to align with men’s nipples! This comparison appears to be especially accurate when describing the accomplishments of the Texas Securities Board members. They meet every now and then for lunch with an accompanying, standard, feel good “everything is great” report from the Commissioner, John Morgan, then it’s back to their BMWs, Mercedes and/or private planes and their real jobs, until the next luncheon.
| Beth Ann Blackwood, Chair | Dallas, TX |
| Derrick M. Mitchell | Houston, TX |
| E. Wally Kinney | Dripping Springs, TX |
| David Appleby | El Paso, TX |
| Alan Waldrop | Austin, TX |
P.O. Box 13167, Austin, Texas 78711-3167
208 E. 10th Street, 5th Floor, Austin, Texas 78701
(512) 305-8300
In all fairness to the board members they are just doing what they think is their responsibility as a political appointee. These positions are not created for the board members to actual do something. Quite the contrary, they are created for them to APPEAR to be doing something very important; much like the illusion of men’s nipples!
I think of political appointees much like celebrity “hawkers”. These celebrities are all over the TV begging for money after every natural disaster. The organization they are “Hawking” money for turns out to be a fraud and they disavow all responsibility for “aiding and abetting” the fraud and creating hundreds of thousands of “victims”. It is not their fault! When in reality it is their fault! They chose not to ask questions, check facts and/or demand an accounting for what they were ‘pitching”! They, in fact did, “aid and abet” the defrauding of every single victim because they should have known! Their name and reputation were on the line and they decided to plead “ignorant victim”.
This is apparently the current plea of the Texas Securities Board members, “ignorant victims”, they did not know!
However, they do know! They have, via John Morgan, all the initial facts of the Dallas Field Office’s alleged complicity. They have in their possession all of the Colt Ledger - Ronak Patel correspondence that clearly demonstrates Patel’s complete lack of interest in the growing body of evidence against Texas Securities’ integrity. They are in possession of our unanswered correspondence to Joe Rotunda, Director of the Enforcement Division of Texas securities, asking for an explanation of why the Texas Securities Board is apparently holding victim’s complaints until the statute of limitations have expired, thus, indirectly, providing a “safe harbor” for alleged criminals!.
We take Rotunda’s silence as an admission of guilt and believe he is currently scurrying around attempting to cover his incompetence, ineptness and his inability to get a major Texas oil and gas swindler indicted! In fact, based on his published and documented track record, he is having difficulty getting anyone indicted!
The Texas Securities Board has been apprised, via certified mail, of the situation but apparently, their luncheon does not afford them time for the victims they are responsible for protecting. They appear, by their lack of action, to be” aiding and abetting” Texas swindlers in stealing millions of dollars and ignoring the thousands upon thousands of victims they are responsible for protecting!
So to answer our opening question, “Is the Texas Securities Board obstructing justice or are they just apathetic?” The answer to that question is, unfortunately, unknown at this time.
Politically appointed Board members may not be intelligent enough to comprehend the situation, even after it is explained to them. Do they actually care that there are victims? Do they feel the least bit embarrassed or responsible that they are refusing to act? Who knows what level, if any, Mary Ann Blackwood, Chairperson of the Board, cares about what she accomplishes during her tenure? She may very well prefer a legacy of half a*s mediocrity, free lunches and validated parking tickets to stepping on toes, calling for accountability and addressing the truth.
What do you call a person who is scammed by Texas oil and gas swindlers and who is then ignored by Beth Ann Blackwood? Answer: “SCREWED”!
What do you call an oil and gas swindler living in Texas? Answer: “Political contributor”!
If you have information, regarding complaints filed with Texas Securities contact (((REDACTED)))
This report was posted on Ripoff Report on 03/17/2015 10:51 AM and is a permanent record located here: https://www.ripoffreport.com/reports/texas-state-securities/austin-texas-78701/texas-state-securities-texas-securities-the-texas-securities-board-obstructing-justice-o-1216315. 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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#1 General Comment
Texas State Securities
AUTHOR: Anonymous - (USA)
SUBMITTED: Friday, August 28, 2015
Dr. H.C. “Blue” Hill, Executive VP/Senior Partner, of M. R. Cox, Inc., is a graduate of Kirby High School, Woodville, Texas; Southeastern Louisiana University with a B.S. in Agribusiness: Louisiana State University with a M.S. in Soil Chemistry, a M.S. in Phytopathology and a PhD in Entomology. He also holds numerous other advanced degrees in various fields. Blue’s work ethic and tenacity to see things through are a result of his parents’ influence and being reared in rural Southeast Texas. He served his country during the Vietnam War and returned home to attend college on the GI Bill. He finished his degreed programs through academic scholarships in record time while maintaining a 3.7 GPA. He has traveled, worked, and lived all over the world as a Project coordinator, Manager and Consultant to individual mega-farmers, commercial farmers and foreign governments on agribusiness enterprises. He has served as an expert witness in agriculturally related deaths. He has written many published articles on a wide range of subjects. He and his wife, Dr. Patricia Hill, have also traveled extensively, conducting seminars on Family and Life Skills. Blue’s Sales Training Seminars and his Motivational and Life Skills Workshops have always been well attended. Blue has recently completed 20+ years of managing single and multiple franchised automobile dealerships. Overseeing and directing the day-to-day operations of multi-million dollar inventories and customer driven service facilities has given Blue a tremendous insight into what it takes to build a successful business. He has been the consummate professional, attending several hundred hours of business, sales, management, creative thinking and writing, business and employment law, and negotiating seminars presented by the top experts in the field, at his own expense. Blue’s exposure to the oil and gas industry dates back to January 10, 1901 on a knoll outside Beaumont, Texas. His Grandfather, Ezra Estes Bellar, a Cajun, was a young roughneck, working with Anthony Lucas drilling the well that would create Gulf Oil, Amoco, and Exxon. That knoll was called Spindletop. Blue’s Grandfather and uncles went on to become involved in every aspect of the emerging oil and gas industry of Southeast Texas an Southwest Louisiana. All male members of the immediate and extended family worked in these oil and gas fields. The down turns and the wildcat nature of the business took its toll. The “bust” of the 1980’s ended the family’s endeavor. Their last well stopped pumping in the mid 1990’s. Blue and Patricia moved from Atlanta, Georgia to a 200+ acre farm in South Central Kentucky in 2004. They met Marty Lile that year and the oil and gas flame was reignited. Blue became heavily involved in working with investors on drilling projects in the Appalachian Basin. He also pursued and increased his personal investments in lease plays in Texas. By early 2006, through his own personal success, it became apparent that the oil and gas lease plays in Texas, Louisiana and Oklahoma offered his clients better opportunities for profit. He and Marty Lile joined forces and launched M.R. Cox, Inc. with a common goal of offering investors more lucrative investment options, maximum tax advantages and an open door policy. Thus the Mission Statement: “M.R. Cox, Inc. offering investors the advantages of a Direct Participation investment with the transparency of a public held company.” Blue is an avid gardener and family man who spends his leisure time with his wife on their farm with their menagerie of rescued animals. They do have an extensive collection of photos which they will readily share of their two daughters, tow son-in-laws and five grandchildren that they visit often.
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