John P.
Buffalo Grove,#2Author of original report
Thu, April 19, 2007
First and foremost they offered me a contract in writing. I accepted the contract and submitted the required deposit under the contract. After submitting the deposit, they changed the terms and refused to honor original agreement. I rejected the new contract and they failed to return my deposit. They stated that I tried to change the company from Custom Built Systems (CBS) to CBS Cyber Cafe. I did no such thing. The paperwork was always for Custom Built Systems and they never gave me any paperwork for CBS Cyber Cafe to sign. I am the sole owner and only stock holder in both companies anyway. The full name of the company is Custom Built Systems Cyber Cafe. The parent being Custom Built Systems. The bottom line is that Preferred Lease - Capitalwerks did not honor a signed loan agreement and stole $2,949.24 from me.
Rob
Santa Ana,#3REBUTTAL Individual responds
Tue, April 17, 2007
What John failed to tell you is that he chaged the transcaction from a company that had been in business for 10 years to a brand new start up company and claimed they were the same company which they were not. He submitted an app under Custom Built Systems, but then wanted the deal done under his new venture CBS Cyber Cafe. The deal was still approved but since he was changing it to a new comapny the bank wanted to see his tax returns, which is standard in financing situation and he was information that more finanical information may be required. He refused to provide the financial information the bank requried, so they would not proceed. So we got him another approval at another bank, and he walked on that approval too. Preferred Lease did the job they were hired to do, he failed to provide the information required, and he walked away from two open approvals.