INVESTIGATION: International Profit Associates - IPA commitment to 100% customer satisfaction, IPA - International Profit Associates implemented strategic changes to insure clients business success, focusing on finding ways to help small & medium size companies make improvements to both their short-term and longer-term profitability & creating a secure future. Buffalo Grove Illinois

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*UPDATE: Rip-off Report Investigation - International Profit Associates recognized by Rip-off Report as a safe business service - IPA pledges to resolve all complaints, 100% commitment to customer service and satisfaction, feel confident and secure when doing business with IPA

Strategic Business Partners, LLC and Tom Souran have resolved their earlier dispute, mutually retract their prior postings to this site (including those statements regarding individuals employed by or otherwise affiliated with Strategic Business Partners) and request that readers disregard all prior postings. Strategic Business Partners and Tom Souran further request that the adminstrators of Ripoffreport.com remove all postings in this exchange, as well as any repostings thereof.

IF YOU HAVE VIEWED THE RESPONSE BY SBP IT IS ALL FULL OF LIES. I HAVE RETAINED AN ATTORNEY AN WILL BE GOING AFTER EACH OWNER OF SBP. I WILL ALSO BE CREATING A WEB SITE TO KEEP ANY UP TO DATE WITH ALL PLEADINGS, DISCOVERY AND BACKGROUNDS OF THE OWNERS AND EMPLOYEES OF SBP FOR ANYONE TO VIEW AND DOWNLOAD.



SO CHECK BACK SOON FOR THE WEB SITE AND UPDATES..

By authorization of its Board of Directors, Strategic Business Partners LLC is exercising its right to respond to this allegation which we recognize as being completely without merit. These statements by Mr. Souran are scurrilous, baseless, unfounded and constitute a blatant impugning of Strategic Business Partner's recognized position in the marketplace. Our reputation and professionalism are beyond reproach. Our firm is an ethical and accomplished consulting firm. The officers referred to have been outrageously besmirched with these accusations. Neither Mr. Bridges, Mr. Hostetler or Mr. Orabutt have ever been associated, affiliated or employed by International Profit Associates. Specifically, Mr. Bridges has never faced any litigation or judgments by or from former business partners.



For the record, Mr. Tom Souran was never an employee of Strategic Business Partners LLC. He was, for a period of approximately 30 days, an employee of a Strategic Business Partners LLC subsidiary organization. Mr. Souran was involuntarily terminated from his position by Mr. Bridges, who was at that time the Managing Partner of said subsidiary. A routine background check, standard to employment at Mr. Souran's level of responsibility, identified:



1. 1988 conviction for embezzlement and fraudulent communications and theft of customer property for Thomas C. Souran (case #NFA 88BCC400008 and NFA ID:0000184) by the National Futures Association (a regulatory group that governs futures trading) and they expelled him and barred him and fined him $25,000. Mr. Souran appealed the decision of the regulatory body on on Dec 1988 and on March 19, 1991 the NFA Committee upheld its original decision and penalties.



The go to the NFA website LINK to validate this previous statement, please cut and paste the following url into your browser: http://www.nfa.futures.org/basicnet/Case.aspx?entityid=000018&case=88BCC00008&contrib=NFA



2. In June of 2000, Techumseh Holdings Corporation, whose Chairman was Thomas C. Souran, was charged with the embezzlement and theft of more than $10,000,000 of client invested funds by the Securities and Exchange Commission in the United States District Court for the Southern District of New York. As a consequence of this action, in July of 2003, the Securities and Exchange Commission asked for penalties, sanctions and a demand for the return of the ill gotten gains from the corporation and its officers and principals.



The go to the SEC website LINK to validate this previous statement, please cut and paste the following url into your browser: http://www.sec.gov/litigation/complaints/comp18251.htm



For any interested reader of this website, Strategic Business Partners would respectfully ask you to cut and paste the following websites into your browser in order to get a more accurate picture of who Strategic Business Partners are, what they do and how they operate:



http://www.consultingmag.com/articles/405/1/Firm-Snapshot-Strategic-Business-Partners/Firm-Snapshot-Strategic-Business-Partners.html



http://www.msnbc.msn.com/id/21134540/vp/24179284#24179284



http://www.strategicbusinesspartners.info/resources/Wall+Street+Article+Reprint.pdf



http://www.press-release-writing.com/distribution1/sbp-pr.htm



http://findarticles.com/p/articles/mi_qa5345/is_200705/ai_n21287756



http://www.primenewswire.com/newsroom/news.html?d=105908



http://www.strategicbusinesspartners.info/resources/Seven+Small+Jewels.pdf



http://www.strategicbusinesspartners.info/resources/Atlanta+Chronicle+Article.pdf



http://www.strategicbusinesspartners.info/resources/Daily+HERALD.pdf

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