Ken Alston - Significant amounts of cash have been unlawfully diverted from the business, with no records of these funds being deposited into official accounts. Newport Beach California

his letter serves as a formal warning to all current and potential investors regarding the business practices of Ken Alston and Justin Pierce, both of Newport Beach, CA, and their associated company, Alston & Co.

In 2018, Ken Alston and Justin Pierce raised capital from multiple investors to purchase Hydroponics Inc., operating under the corporate entity Route Four LLC. Despite significant investor contributions, their management of Route Four LLC (also known as Hydroponics Inc.) has been marred by unethical and unlawful practices, including the embezzlement of over $1 million.

Mismanagement of Funds and Cash Diversion
Hydroponics Inc., being a cash-heavy business, fell victim to significant amounts of cash being diverted from its cash registers. These funds were never deposited into the company’s bank accounts, and records reveal unreliable accounting practices, concealed payments, and unrecorded cash transactions. From 2018 to 2021, Ken Alston and Justin Pierce misused company funds for personal expenses.

Insolvency and Financial Mismanagement
The financial practices of Alston and Pierce directly caused Route Four LLC’s insolvency and its inability to meet financial obligations. This behavior demonstrates a consistent pattern of prioritizing personal gain over the financial health of the company, its stakeholders, and its investors.

Advisory to Investors
We strongly urge you to exercise extreme caution when considering any investments or business partnerships with Ken Alston, Justin Pierce, or their associated entities. Based on a thorough review of their actions and financial mismanagement, we provide the following recommendations:

1. Avoid Investments: Engaging with Ken Alston or Justin Pierce presents a significant risk to your financial assets.
2. Conduct Due Diligence: If you are considering any business opportunities with these individuals, thoroughly review all financial records, agreements, and operational practices.
3. Seek Legal Counsel: To safeguard your interests, engage professional legal and financial advisors.

The findings outlined above serve as a clear warning. Proceed with caution, prioritize transparency and accountability, and carefully evaluate the integrity of potential investment opportunities.