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  • Report:  #381276

Complaint Review: Growthink - Los Angeles California

Reported By:
- Los Angeles, California,
Submitted:
Updated:

Growthink
6033 West Century Blvd Los Angeles, 90045 California, U.S.A.
Phone:
310-823-6505
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
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

#2Author 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

#3Author 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

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