Growthink - Jeff Jones - Private Placement Memorandums Are Not Worth The Paper It Is Written On. Growthink, Jeff Jones growthink private placement memorandums are not worth the paper it is written on. Los Angeles California
Growthink.com private placement?
growthink's private placement memorandum 'division' is not good. There is no attorneys that review the documents. I showed the PPM to my securities attorney and he literally tore it up and said i would be sued if i gave it to investors. My attorney likes to charge $30k for a PPM, but growthink's fee was half this, thats why i went with them. There business plans are good, but i feel that they overcharge for the PPM, espeically since no lawyers review it. Jeff Jones is in charge of the PPM writing but he is not familiar with securities laws, just generic law. I am not one to complain on the internet about poor work, but i feel i have no choice but to report this.
growthink's PPM is not worth it. Great company, but they are pretty much new at PPMs and now i have to pay my overpriced attorney to fix the whole thing.
Ben
Los Angeles, California
Unhappy client
Los Angeles, California
U.S.A.
3 Updates & Rebuttals
Unhappy client
Los Angeles,California,
U.S.A.
Watch out for this firm
#4Author of original report
Tue, February 24, 2009
They suck and are not trustworthy.
Update.
arlene
Unhappy client
Los Angeles,California,
U.S.A.
i wouldnt use them, go tot someoene sle
#4Author of original report
Fri, February 13, 2009
very few people ar eintrested.
Growthink Management
Los Angeles,California,
U.S.A.
Response to the "Unhappy Client"
#4REBUTTAL Individual responds
Fri, October 24, 2008
In response to the reported complaint, we do not have a client in Los Angeles with that name. Unfortunately, we believe this is a hoax or possibly a person that may have inquired about our services and was not able to engage our firm's resources.
For nearly 10 years, Growthink has provided our clients with outstanding service and work. We have completed more than 1,600 successfull client engagements ranging from strategic business planning and consulting projects to market research assignments to fund raising campaigns.
We are a registered broker/dealer investment bank with FINRA (formerly NASD) in every state and have been developing private placement memorandums for years. While we always encourage our clients to have their documents reviewed by legal counsel, our process and work product is extremely professional and effective. Our client satisfaction rate is high and can provide references to prove it. Our track record is strong.
We feel these statements are libelous and, in no way, accurately depict our methodology and request their immediate removal.
Thank you for your cooporation.
Growthink Management