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Ripoff Report | Michael burritt Review - Denver, Colorado
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Report: #784582

Complaint Review: michael burritt - denver Colorado

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  • Updated:
  • Reported By: tomm — san jose California United States of America
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  • michael burritt 1700 Bassett Street, Suite 2115 denver, Colorado United States of America

michael burritt thunderheart financial partners $7500 rip off denver, Colorado

*REBUTTAL Owner of company: Not enough money but yet...........

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Michael Burritt took a $7500 fee to finalize financing.  This was after lengthy discussion and emails back and forth, as well as a lot of apparent effort on his part to make the deal seem real.  Once he received the money he disappeared, not answering any phone calls or emails. He spoke convincingly about providing the finance and that his company had the available funds ready. He is an outright liar and scam artist. Do not give this person any money no matter how convincing he sounds.

This report was posted on Ripoff Report on 10/04/2011 11:47 AM and is a permanent record located here: https://www.ripoffreport.com/reports/michael-burritt/denver-colorado-80202/michael-burritt-thunderheart-financial-partners-7500-rip-off-denver-colorado-784582. 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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REBUTTALS & REPLIES:
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0Consumer
1Employee/Owner

#1 REBUTTAL Owner of company

Not enough money but yet...........

AUTHOR: thunderheart - (United States of America)

POSTED: Thursday, January 12, 2012

Mr. Taylor came to us looking for financing to acquire an alluvial gold mine in Alaska.  We took a retainer fee to address the lack of information provided to us by Mr. Taylor as well as his lack of capital to leverage the transaction.  We were asked to provide a debt only solution on a project that cleary would require both debt and equity to complete the transaction.  We were williing to offer this in exchange for a JV arrangement that would allow for an equity position. 

Once we got well into our due diligence phase we were informed by Mr. Taylor that he only wanted to borrow the money for a maximum of three months as his partners from Australia would be able to payoff the loan that we would be providing.  Clearly he misunderstood our financing solution and the term of the financing.

We were also not provided with a 43-101 for this project which is a requirement when soliciting money for any precious metals mining project.

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