Complaint Review: Alliance Acquisitions Associates

AAFE....I'm wondering how you got fired in February 2005 but started working in March 2005. What is wrong with this picture? You know what I'd think about cutting down on the weed just a little bit, it certainly is destroying some of your brain cells! So you say AAA has been around for almost 100 years?....Wrong animal AAFE this flea bag outfit won't see their 2 year anniversary! You need to get out more often and smell the roses bud! That stuff your smokin' is it Kona Gold?

AAFE....I'm wondering how you got fired in February 2005 but started working in March 2005. What is wrong with this picture? You know what I'd think about cutting down on the weed just a little bit, it certainly is destroying some of your brain cells! So you say AAA has been around for almost 100 years?....Wrong animal AAFE this flea bag outfit won't see their 2 year anniversary! You need to get out more often and smell the roses bud! That stuff your smokin' is it Kona Gold?

AAFE....I'm wondering how you got fired in February 2005 but started working in March 2005. What is wrong with this picture? You know what I'd think about cutting down on the weed just a little bit, it certainly is destroying some of your brain cells! So you say AAA has been around for almost 100 years?....Wrong animal AAFE this flea bag outfit won't see their 2 year anniversary! You need to get out more often and smell the roses bud! That stuff your smokin' is it Kona Gold?

AAFE....I'm wondering how you got fired in February 2005 but started working in March 2005. What is wrong with this picture? You know what I'd think about cutting down on the weed just a little bit, it certainly is destroying some of your brain cells! So you say AAA has been around for almost 100 years?....Wrong animal AAFE this flea bag outfit won't see their 2 year anniversary! You need to get out more often and smell the roses bud! That stuff your smokin' is it Kona Gold?

I loved the OP's work history:

"I worked for the company from its inception in 3/05 (contrary to what consumers are being told) until I was terminated in 2/05."

So, either the OP was terminated before beginning work or worked for Alliance for 100 years.

HEY MONROE.....Your response to AAA is rally good, you used the word rude about 4-5 times responding about Lesli B. Got a suggestion for you TED(curly)or RANDY(moe) since YOU are in such "close contact" with AAA why don't you give me some OTHER names of satisfied AAA clients? I mean if you know about the 1999 you are really in tight with the thieves! Are you on the AAA payroll? And IF not why not? These scumbags are making MILLIONS Monroe and all of us WANT you to get some money for all the time and effort you ahve put in to defending AAA. Tell you what Monroe I'd be getting my money real soon because it won't be long till lots of funds at AAA will be returned to their rightful owners, know what I mean Vern? Get yours NOW Monroe while you can OK! Tell everyone at AAA I said hello and continue to think about you and them VERY OFTEN, as a matter of fact tell AAA that LOTS of people have them in their thought on a dily basis OK!!

HEY MONROE.....Your response to AAA is rally good, you used the word rude about 4-5 times responding about Lesli B. Got a suggestion for you TED(curly)or RANDY(moe) since YOU are in such "close contact" with AAA why don't you give me some OTHER names of satisfied AAA clients? I mean if you know about the 1999 you are really in tight with the thieves! Are you on the AAA payroll? And IF not why not? These scumbags are making MILLIONS Monroe and all of us WANT you to get some money for all the time and effort you ahve put in to defending AAA. Tell you what Monroe I'd be getting my money real soon because it won't be long till lots of funds at AAA will be returned to their rightful owners, know what I mean Vern? Get yours NOW Monroe while you can OK! Tell everyone at AAA I said hello and continue to think about you and them VERY OFTEN, as a matter of fact tell AAA that LOTS of people have them in their thought on a dily basis OK!!

HEY MONROE.....Your response to AAA is rally good, you used the word rude about 4-5 times responding about Lesli B. Got a suggestion for you TED(curly)or RANDY(moe) since YOU are in such "close contact" with AAA why don't you give me some OTHER names of satisfied AAA clients? I mean if you know about the 1999 you are really in tight with the thieves! Are you on the AAA payroll? And IF not why not? These scumbags are making MILLIONS Monroe and all of us WANT you to get some money for all the time and effort you ahve put in to defending AAA. Tell you what Monroe I'd be getting my money real soon because it won't be long till lots of funds at AAA will be returned to their rightful owners, know what I mean Vern? Get yours NOW Monroe while you can OK! Tell everyone at AAA I said hello and continue to think about you and them VERY OFTEN, as a matter of fact tell AAA that LOTS of people have them in their thought on a dily basis OK!!

HEY MONROE.....Your response to AAA is rally good, you used the word rude about 4-5 times responding about Lesli B. Got a suggestion for you TED(curly)or RANDY(moe) since YOU are in such "close contact" with AAA why don't you give me some OTHER names of satisfied AAA clients? I mean if you know about the 1999 you are really in tight with the thieves! Are you on the AAA payroll? And IF not why not? These scumbags are making MILLIONS Monroe and all of us WANT you to get some money for all the time and effort you ahve put in to defending AAA. Tell you what Monroe I'd be getting my money real soon because it won't be long till lots of funds at AAA will be returned to their rightful owners, know what I mean Vern? Get yours NOW Monroe while you can OK! Tell everyone at AAA I said hello and continue to think about you and them VERY OFTEN, as a matter of fact tell AAA that LOTS of people have them in their thought on a dily basis OK!!

Again - I don't know why these clients think I am Randy or Ted - I AM A CLIENT of AAA - a satisfied one!!

Since all of these people simply don't know how to read thir contracts, they feel like they were scammed - not so. The client spells out the entire process, including the fact that the client sets the selling price and are introduced to buyers, investors or funding sources (even all 3). The upfront payment is for an evaluation done by an outside valuation company (AAA does not have a valuation department - they pay the OUTSIDE valuation company to prepare the valuation).

Lesli was a rude, incompetant employee. I called her many times to get a status of my process, but she never had time to talk to me, was rude or said she would call back - NOT! I have since then been very happy with the communication I have had with the office.

I even asked about car purchases and such - the Jaguar in question is a 1999 and was purchased in 2003.

Again - I am NOT Randy or Ted. But I do keep in constasnt communication with AAA, so I DO know what is going on.

Again - I don't know why these clients think I am Randy or Ted - I AM A CLIENT of AAA - a satisfied one!!

Since all of these people simply don't know how to read thir contracts, they feel like they were scammed - not so. The client spells out the entire process, including the fact that the client sets the selling price and are introduced to buyers, investors or funding sources (even all 3). The upfront payment is for an evaluation done by an outside valuation company (AAA does not have a valuation department - they pay the OUTSIDE valuation company to prepare the valuation).

Lesli was a rude, incompetant employee. I called her many times to get a status of my process, but she never had time to talk to me, was rude or said she would call back - NOT! I have since then been very happy with the communication I have had with the office.

I even asked about car purchases and such - the Jaguar in question is a 1999 and was purchased in 2003.

Again - I am NOT Randy or Ted. But I do keep in constasnt communication with AAA, so I DO know what is going on.

Again - I don't know why these clients think I am Randy or Ted - I AM A CLIENT of AAA - a satisfied one!!

Since all of these people simply don't know how to read thir contracts, they feel like they were scammed - not so. The client spells out the entire process, including the fact that the client sets the selling price and are introduced to buyers, investors or funding sources (even all 3). The upfront payment is for an evaluation done by an outside valuation company (AAA does not have a valuation department - they pay the OUTSIDE valuation company to prepare the valuation).

Lesli was a rude, incompetant employee. I called her many times to get a status of my process, but she never had time to talk to me, was rude or said she would call back - NOT! I have since then been very happy with the communication I have had with the office.

I even asked about car purchases and such - the Jaguar in question is a 1999 and was purchased in 2003.

Again - I am NOT Randy or Ted. But I do keep in constasnt communication with AAA, so I DO know what is going on.

To "John" and "Monroe".....Congratulations fellas you two FICTIONAL people are the only people on the planet that have ANYTHING positive to say about Alliance Acquisitions period. I publicly challenge each of you two jokers to prove to me that there are really people that support this company that continues to RIPOFF small business owners on a daily basis while reeling in literally MILLIONS of dollars. Lesli hit the nail on the head in her article, AA has only sucessfully CLOSED ONE business involving a buyer and seller out of the 1000's that they have swindled!

IF you had that kind of performance with your employment you would be FIRED immediately EXCEPT if you owned a business, had no morals, no integrity, no scruples and the only things in life that mattered were big boats, expensive cars, cash at hand, and long trips around the world and were laughing all the way to the bank because your scheme was working like a charm.

How long will Alliance Acquisitions continue to do this? Well let's look at what is coming IN on a weekly basis: 35 accounts x $ 5000(minimum charge for a "business analysis" can be as much as $19,000) = $ 175,000 PER WEEK x 52 WEEKS in a year = $ 9,100,000 CHA-CHING! Trust me 35 is a VERY CONSERVATIVE number when AA does their weekly "Welcome Calls" for their new clients!

What could you do with that kind of money? You could buy a $400K home like Randy and a huge boat like Randy, or a BMW like Randy or a $6k playset for your backyard OR you could buy your wife (who is a CFO) a new Jaguar like Ted or line up a nice luxury cruise which they have done multiple times!

Hey "Monroe" which one are you Ted or Randy? We know it's one of you just give it up ok!!! You too "John"!

I signed up with Alliance Acquisitions in December 2005. Like the other comments I have read about this company, I too was told there was an interested buyer of some sort. I did pay for a professionally done bound, certified valuation from a major firm. This company who did mine, had nothing to do with Alliance. They were independant, and national in scope. In fact, the valuation company did valuations for the World Bank among other. After reading this, I decided to anonomously call the same company and determine if I had overpaid. I was quoted retail rate on the same valuation I received of 40% higher. So it was less through Alliance. Second, I have read that there is either no qualification of buyers or there are fake buyers outright designed to fulfill contractual obligations. My question is whats in it for Alliance if they dont do these valuations? The only other charge was when they sell a business, there is a commission. That commission in my case was 3.9%! I called 10 brokers this week asking them to list my business, and 5 said they too needed some kind of proof of value, the others said later. Of the 10, the least expensive was 7%, and the most expensive was 12%. That sounds really high, so ultimately Alliance has better commission structure. Lastly, and in my case most importantly, is I am in negotiation with a real buyer with real money and financing, and the valuation is being used for what it is...a forecast of what my business is worth based off of past performance. Just like the stock market. I have a letter of intent with my buyer, and am in the process of reviewing a buy sell agreement. Escrow funds have been deposited. The price is somethihg I am happy with. In conclusion, I am sure there are situations where companies like this do not sell business, and perhaps there are even loopholes, but I have not had that experience. Service recommended, and the ex-employee comment I have one thing to suggest...how many of you who own businesses and are reading this have had to fire an employee and have them call OSHA or some other organization just to stick it to you to get even. I surely have. I am not saying she is lying, but why go to the trouble of doing this? Why didnt she do it during her employment if she was so bothered? There are lots of ways to whistle blow legally and do it through the proper channels. Truth is in the eye of the beholder. Hope this helps out. John

They diligently match sellers with interested buyers - of course we are not promised that our business will sell and what we have paid for is the valuation that we receive. In my opinion this company is NOT a scam, but a very much needed service to business owners who are trying to sell their businesses confidentially.

This "ex employee" sounds like a very disgruntled employee who obviously was terminated due to their incompetence and inability to work ethically. What a rediculous way to punish the company that evidently paid their bills for a year!