Jason Criddle with The Smartr App Company and Smartr Holdings is a fraud. He claims to be a business investor, tells people he is an accredited investor, and insinuates he's had a 7 figure exit, but it turns out he's never invested in anything!
Jason claims he had an exit wth Legacy Status Investments, but that was just an online portal to connect people with an application to borrow money from a lender. If approved, Jason would get a kickback...hardly an investor.
He claims to be an investor, yet he was trying to raise money for his own business. His investment pitch couldn't pass due diligence. Why? It was full of lies. Here is what he claims: He claimed to have over 150 businesses on his app platform, yet could never provide a full list, only gave a list of about 7. The business plan also suggests that the company profited over $100K within four month period, but could never produce the P&L reports to back this claim. Jason boasted about how Coolio was somehow connected with the business, yet could never show anything to prove it.
Jason accepted money for services not rendered. People have paid him money to be featured in a magazine called Work Smartr, which was supposed to be sent to investors all over the country. That magazine was never published. He also promised hopeful startups to connect them with investors and enterprise connections...that never happened either.
In January of 2017, Jason accepted an investment, which he ultimately blew on funding his lifestyle. He purchased furniture, rugs, home decor, a tv, a tv console, pictures, bar stools, a record player, records, books, $500 lego sets, personal rent, going out to eat, his daughter's tutor and dance lessons. Spent every last dime!
He accepted other investment dollars for Smartr Foundary, which was like a business incubator, yet there were no projects going on. It was just a business on paper. Also, he has not produced annual reports to investors on how the investment is going or what is happening financially with the funds.
Stay away from Jason Criddle!!