Complaint Review:
A Liquid Corporation
Do not INVEST in 'A Liquid Corporation.' It's a Ponzy Scheme!
'A Liquid Corporation' is a bottled water company that has been trying to get started for over 4 years and has defrauded millions of dollars from many investors.
John Silva, President - talks a big story about the Hawaiian Islands and the artesian water well that he has rights to on the island. He tells about the special license, documentations and relationships he has with the Hawaiian government. He shows pictures of to the wellhead, trucks, water bottling equipment and warehouse. He tells how the water can be shipped from Hawaii and then bottled in Las Vegas, NV.
The problem is that this 'big story' is all smoke and mirrors. John generally sells 1% stock in his company for $40,000. Some investors have over $250,000 - $500,000 as an investment in the company.
John has received close to $4 million dollars of investment money into the company over the years. Yet - he has no or limited accounting record of the expenditures. In fact, he claims his warehouse in Oregon burned down that has all of the accounting information. He surrounds himself with friends and family and can not account for the salaries he pays executives. He buys extravagant company items including trucks, trailers, water tubs, trade show trips, more trips to Hawaii, etc. When asked to account for money spent - he can not do it. Ultimately, when asked on completion or roll out dates of the Hawaiian Water product he has not been able to meet any of these deadlines. John always has an excuse or reason that the water has not been bottled. In fact, to this day - there is still no bottled water.
Yes - John Silva - is running a ponzy scheme to maintain his lifestyle. He is bringing new investors in on false promises. Then he uses the new money to pay off old investors (those who make the most noise) at a reduced rate and buy them out of the company. Dozen's of investors never receive any communication from John and will never see their money again.
If you are an attorney reading this - you've hit a gold mine. There is enough evidence and enough shares in the company to do a hostel takeover (if owners made that decision). John Silva does not have a leg to stand on. There are millions of investment dollars that are unaccounted for in A Liquid Corporation. John - is truly the Bernie Madoff of the bottle water industry... DO NOT INVEST!
3 Updates & Rebuttals
J. Edwards
Las Vegas,Nevada,
United States of America
The Truth
#4General Comment
Wed, August 25, 2010
I personally know John & Vic Silva and over the 4 years I have known them, because they are a tenant in a property that I oversee, I can guarantee that they do not live a lavish lifestyle, drive fancy cars, wear expensive clothes, eat out hardly ever, or have the intent to harm anyone of the investors who have invested with them in A Liquid Corporation. They are hard working Americans, an average joe like most of us, looking to build a Hawaiian Water Bottling Company from the ground up and go to investors who have the same vision as them for investment funds to grow and build their company.
BP
North Las Vegas,Nevada,
United States of America
Defamation
#4UPDATE Employee
Wed, July 28, 2010
To Whom It May Concern:
I am an investor/employee with a liquid corporation and have been so for a few years. I am surprised to find such libelous statements posted on the Internet and for that reason I have chosen to submit this response. To all those who read the negative postings about John Silva and A Liquid Corporation, remember what your parents taught you about not believing everything you hear. With that spoken I invite all potential investors and clients (yes I wrote clients because A Liquid Corporation is bottling and already has clients) to come see the great potential this company has.
Now to clear up the bogus statements posted by the anonymous water investor. A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. Interesting how this anonymous water investor accuses John Silva of running a Ponzi scheme yet there have been no returns paid out to any investor.
So, like I mentioned above, come on down and see A Liquid Corporation and all of its achievements. Come and see John Silva and his wonderful ideas of sharing a bit of Hawaii with everyone. Visit the warehouse and see its fully functioning bottling line and its great tasting water. Dont believe the disgruntled postings of a coward, stop on by and see for yourself and believe for yourself.
SRH
Vail,Arizona,
United States of America
I am using "A Liquid Corporation" bottled water
#4Consumer Comment
Wed, July 28, 2010
I have met John Silva at his bottling company, & drink his water exclusively. The water comes from Hawaii & is bottled in Las Vegas for distribution. In June of 2010 his company started shipping water to the Iolani Royal Palace (808-522-0833), & he has exclusive rights to their trademark for worldwide distribution. This is a very slanderous charge for a DB (dead beat) coward to send in & not identify him/herself. If the charges were true, this DB would have gone to a lawyer himself & Las Vegas would have shut John's company down by now. However he/her states "There is enough evidence and enough shares in the company to do a hostel (s/b hostile) takeover...". Now why would I want to takeover a PONZI SCHEME? John & his lovely spouse live right down the street, & their lifestyle is a small apartment they live in while they get the company profitable. To say that "John-is truly the Bernie Madoff of the bottle water industry" is the most stupid statement I have ever read. Being in the financial investment industry, a Ponzi scheme is a "fraudulent investment operation that pays returns to investors from their own money and/or money paid by subsequent investors, instead of paying them from actual profits." I have talked with some of the investors, as I was doing due diligence for possible investment into this company, & they have not received any returns yet & are not expecting any until 2011. John's company has a board of directors & they provide advice & direction for this company, to maintain oversight & support for all the investors, as well as customers. The company buys their equipment with cash, & as a result has very little debt. John & his wife Vickie are paid a salary, & all expenses are documented & available to investors & customers. I am proud to be a good friend & I appreciate what it takes to start a small business from a dream & make it work. I will invest in this company because it may replace Fiji Water as a major supplier of imported water. How often do you get to invest in a company with this much potential?