Joel
Hertzlia,#2Consumer Comment
Fri, March 30, 2007
I have invested in ICCR stock. Where is it possible to find objective information on Children of America?
Thank You.
John
Delray Beach,#3Consumer Comment
Wed, February 07, 2007
FYI: These people are linked to Franklin Michelin (Now in prison) of L.H. Ross & Co. Boca Raton, FL. Pryor's partner in Children of America etc. is Paul Michelin (Franklin Michelin's Father). Thad J. Pryor, associates and companies should be investigated.
John
Delray Beach,#4Consumer Comment
Tue, February 06, 2007
Thad Pryor, Jim Perretty and Associates are International Scam Artists. These people have swindled Europeans and Americans out of Millions and millions of Dollars. No one ever receives a dividend or return on their money invested. All stock certificates sold are restricted, "Regulation S" or Rule 144 of the SEC. Stock Certificates cannot be sold in the the US or to a US citizen under Regulation S and they make it very difficult for you to be able to get rid of them if you are a US Citizen under SEC Rule 144. Companies involved are as follows: Children of America, COA Development, Tren Properties, Visitel Enterprises, TJP Corporation, JC300 Corporation, Always Close By, Inc, ICCR, ICCMC, International Childcare Corporation, Childcare Corporation + More. All are Delaware and/or Florida Corporations. They have a corporation & sales force in Barcelona Spain but tell people they are in the Netherlands. Spain is one of the only countrys that does not regulate this type of behavior. Florida is the home of the Boiler Room. Spain is not far behind. All salespeople use alias's. DO NOT DO BUSINESS WITH THESE PEOPLE. Pryor uses proceeds collected from investors to benefit himself and his associates with no intention of ever going public. Homes, Cars, etc. have been purchased with these proceeds. Try to get your money out and see what happens. You will never see a dime!! These people MUST be stopped. I have quite a bit of information on these people. INTERNATIONAL SCAM ARTISTS.
Carolyn
Grand Prairie,#5Author of original report
Fri, December 01, 2006
Shareholder Meeting December 1, 2006
Liberty Transfer Company, 631-385-1619, for COA sent a proxy to sign for meeting. Understanding from proxy the following issues were being voted on.
To elect Thad Pryor as the sole director of the company. Against.
To confirm the Board of Directors' decision to increase the number of shares which the COA can issue pursuant to its Restricted Stock Plan by 1,500,000 shares, from 1,000,000 shares to 2,500,000 shares: Voted against so others would not be taken in.
To confirm the Restricted Stock Plan previously adopted by the Board of Directors for the Company's employees:
Alex I would like to be at the meeting tomorrow, however the time does not suit. I can be reached thru (( email redacted by ROR)). I have nothing to hide and another stockholder has contacted me.
Alex
Miami Beach,#6Consumer Comment
Thu, November 30, 2006
tomorrow friday at 10 am there is a shareholder meeting for a proposed merger beetwen COA and visitel, I think all of the shareholder with concerns should attend, I agree with the shareholder from texas and I have the same problem, please try to make it
Thad
Delray Beach,#7REBUTTAL Owner of company
Tue, November 14, 2006
CHILDREN OF AMERICA, INC.
5300 West Atlantic Avenue, Suite 700
Delray Beach, Florida 33484
November 8, 2006
Rip-Off Report.com
badbusinessbureau.com
P.O. Box 310
Tempe, AZ 85280
Re: Defamatory Statements Made Against Children of America, Inc.
To Whom It May Concern:
This is in response to the posting made by Carolyn of Grand Prairie, Texas, submitted on October 16, 2006. Carolyn is making statements against Children of America, Inc. (?COA?) which are libelous, and represent a misunderstanding of COA's interactions with her.
Carolyn purchased COA stock pursuant to a private placement memorandum (?PPM?) in 2000, and again in 2001. The PPM sets forth in detail the risks inherent in her investment, especially investing in companies that are not publicly traded. The PPM explicitly sets forth the risks of investing in COA, and the goals of COA. The PPM mentions nothing about the backing of Chuck Norris. In fact, Mr. Norris has nothing to do with COA, and COA has never represented to anyone that he was associated with COA in any manner. While the PPM does mention the possibility of a public offering at some point in the future, it does not suggest that COA would definitely go public at all, or that it would go public by any specific date. The only references to the company going public mentioned in the PPM state: ?[COA] shall be dependant on the following: . . . (iii) the availability of funds from public sources including, but not limited, an intended initial public offering of [COA]'s securities?, along with a warning to the investor stating that ?[a]lthough Management anticipates a public market for its shares in the future, there is no certainty with respect to if, and when, a public market will develop.?
The PPM also states that ?NO PERSON HAS BEEN AUTHORIZED TO MAKE ANY REPRESENTATION OR GIVE ANY INFORMATION WITH RESPECT TO THIS OFFERING WHICH IS INCONSISTENT WITH THE INFORMATION WHICH IS SET FORTH HEREIN.? Carolyn signed a subscription agreement, which states:
I further acknowledge that, except as set for in the Offering Document [the PPM], no representations or warranties have been made to me, or to my advisors by [COA], or by any person acting on behalf of [COA], with respect to the sale of the Shares . . . and/or as to the accuracy or completeness of the information contained in the Offering, written or oral, other than that contained in the Offering Document.
Evidently, Carolyn has since decided that she did in fact rely upon oral representations made by someone, presumably the ?solicitor?, Mr. Ricardo del Real, when investing in COA. It should be noted that neither Thad Pryor, nor anyone at COA, made any representations to Carolyn with respect to COA going public or the backing of Chuck Norris, nor was anyone authorized to make any such representations. Mr. Pryor was not involved in the solicitation of any COA investor, and made no representations regarding COA to Carolyn.
Referring to the fact that Mr. Pryor runs multiple corporations, Carolyn also makes the allegation that Mr. Pryor ?has the ability to place assets and liabilities into other corps when necessary to show a company not profitable and definitely not beneficial to stockholders.? That fact is that certain of these other corporations directly or indirectly have an interest in COA and have helped finance COA over the years since Carolyn purchased COA stock. While COA operated two childcare centers in Virginia at the time Carolyn purchased the stock, it now operates 11, and has leases to open 24 additional childcare centers which will be located in Virginia, Pennsylvania, Maryland, Delaware, and New Jersey. The companies that Carolyn seems to allege are part of some type of scam are actually what have financed the expansion of COA, which management believes has helped increase the value of COA. It is clear that Carolyn does not understand the nature of the relationships between these companies.
We regret that Carolyn has had second thoughts about the ownership of the COA stock she purchased in 2000 and 2001. However, this is no excuse for her irresponsible and baseless claims. The PMM provided to Carolyn before she purchased the stock contained full disclosure about any potential risks involved in a potential investment. Carolyn's allegations that COA has engaged in any action that constitutes fraud should be given no credence.
Carolyn
Grand Prairie,#8Author of original report
Wed, November 08, 2006
Received a letter today from Mr. Pryor's attorney in New York - the firm of Mintz & Fraade, P.C.- Mr. Alan P. Fraade stating that if I fail to immediately cease and desist making defamatory statements against CHILDREN OF AMERICA,INC its AFFILIATES or SUBSIDIARIES, then they would commence legal action to require me to cease and desist making such statements against COA, and recover all damages which it has suffered.
What I have stated is true. Investigation of records and movement of companies, centers and assets to keep from fulfilling obligations to stock holders is apparent. As I have stated, they have taken the investors money and not fullfill the obligations as represented upon sale.