Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #1076428

Complaint Review: Apptech - Carlsbad California

  • Submitted:
  • Updated:
  • Reported By: Apptech — Stealing Groves California
  • Author Not Confirmed What's this?
  • Why?
  • Apptech 2011 Palomar Airport Rd Carlsbad, California USA

Apptech Transcendent OneTranstech OneT1 Apptech, Transcendent One, Transtech One, Marketing, Processing, Scam, T1 Carlsbad California

*REBUTTAL Owner of company: RE: Formal Statement to Online Complaints

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

 Ron Hill at Transcendent One contacted me on Linked in saying he was a bank and that they processes everything internally. Against my better judgement I decided to give Ron Hill my business. I am now over 300k in the hole. I have spoken with Virgil llapitan who does not seem to care about helping me locate my money. These people are liars and Thieves. It seems after looking on Ripoff Report that they have been doing this for a long time. Seems the don't pay employees, bail on leases (see Trancendent One) the company misspelled their name, and steal from merchants. I would think twice before deciding to process with company. Ive had the same experience with Virgil, Ron and Luke. These guys are criminals and need to be prosecuted. They begged like street panhandlers for my business and sat on my transactions and caused me to lose over 300k. Now I get one excuse after the other on where my money is located. It's pass the buck blame game for them. It's the banks fault, the bank won't give us any info. For those merchants needing processing, don't fall for their scam. And by the way, I confronted them about all their scam reports and they blame it on a disgruntled company they shut down for selling bath salts that kills children. Blah blah blah. I've got news for you, I sell a discount membership club. Please contact me at montygrowchem@yahoo.com for the truth about these liars and thieves. It's time their a*s gets handed to them. Just look over the Internet. Everything plus the fact they are investing in bogus capital venture groups with companies like Crossfire Marketing Group. Look up Crossfire Marketing Group. They refer Transcendent One. I think they are the ones behind all this. It's probably the same company. I think they started up an IT company (Transtech One- clever!) as well and tried for a moment to be legit. I think they actually used it as a cover. I think everyone quit working at Transtech One once they discovered what was going on. I believe even the owner resigned. Don't invest money in Crossfire Marketing Group, the masterminds behind this all. Just do your research. It looks like many peoples lives have been affected, negatively. A boiler room usually has an undisclosed relationship with the company being promoted or undisclosed profit from the sale of the house stock they are promoting. The managers of the boiler room usually have close ties to the same owners of the company whose stock is being promoted. After the sales force of the boiler room sells their clients on the idea of the IPO, they are not allowed to sell the shares that the customer invested. This is because there is no real "market" for the shares, so any shares sold before buyers are attracted would create a large loss in the price of the stock, due to it being thinly traded with no public support. Once the insider investors are in place, a boiler room promotes (via telephone calls to brokerage clients or spam email) these thinly traded stocks where there is no actual market. The brokers of the boiler room actually "create" a market by attracting buyers, whose demand for the stock drives up the price; this gives the owners of the company enough volume to sell their shares at a profit, a form of pump and dump operation where the original investors profit at the expense of the investors taken in by the boiler room operation. Check out APPTECH: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=109679

This report was posted on Ripoff Report on 08/16/2013 11:28 AM and is a permanent record located here: https://www.ripoffreport.com/reports/apptech/carlsbad-california-92011/apptech-transcendent-onetranstech-onet1-apptech-transcendent-one-transtech-one-marketi-1076428. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
0Consumer
1Employee/Owner

#1 REBUTTAL Owner of company

RE: Formal Statement to Online Complaints

AUTHOR: Company Management - (USA)

POSTED: Wednesday, June 10, 2015

As the company and its subsidiaries gain considerable interest from clients and investors, the management and sales department have had to address negative comments posted several years ago on various online complaint sites.

Although our company shares in the philosophy held by many corporations and financial institutions to ignore claims published anonymously and without merit, we understand the influence of the internet and sometimes negative effect such comments can have on businesses.

Please be advised the company denounces any allegations of committing fraud or scamming merchants.  Any legitimate client or employee matters of legal or financial nature have been and are always addressed by the company accordingly.  The company is in good standing with its auditor and legal representation and has completed its PCAOB (Public Company Accounting Oversight Board) audits in preparation for registration with the Securities and Exchange Commission.  We are committed to providing excellent service to all of our business clients and excited about the growth and direction of our company.

If you are a prospective client, investor, or interested party and are concerned about any of the past comments posted online, please contact the company directly and we will be happy to discuss any concerns.

Sincerely,

Management

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now