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  • Report:  #109525

Complaint Review: SynerTrade LLC - Brookfield Wisconsin

Reported By:
- Bangkok, Asia,
Submitted:
Updated:

SynerTrade LLC
21710 Lancelot Drive Brookfield, 53045 Wisconsin, U.S.A.
Phone:
262-7844934
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
I am trading in raw materials.

It is in my industry very bad style to step away from a written proposal. This casued me a lot of dammage, and I lost over USD $ 200,000 due to his mistake. I was about to buy 110,000 Metric Tons od Brazil Iron Ore from SynerTrade.

> Dear Mr. Weber,

>

> I have just been informed by Mrs. Lila that your offer

> is not CIF ASWP, but actually FOB Brazil. This would

> make a price increase of 20$ / MT Iron Ore.

> Below is a snapshot of the relevant part of the chat.

>

> Can you confirm your affirmative pricing,

> as I am in need of an explanation for my buyer.

>

>Best regards,

>

>Michael H

Here a yahoo chat with SynerTrade's processing department, Mrs. Lila. She said her boss (Mr. Weber is the CEO! is a new associate ... I am confused!) The promised answer did not come.

>cashmoneybros: he gave you fob pricing correct?

>michaelh: In the same fashion would I appreciate if you can deliver the other documents

>michaelh: No, CIF ASWP

>cashmoneybros: he mistaked

>cashmoneybros: we do fob

>cashmoneybros: i have the cif pricing

>michaelh: Shall I resent all related files in 1 mail ?

>michaelh: I accept your CIF ASWP price

>cashmoneybros: if the price is 48 it is fob

>michaelh: ?

>cashmoneybros: i am looking at mr webers offer

>cashmoneybros: now

>michaelh: Quantity Requested & Pricing: 48 usd per mt 60-70,000 MT (65%) CIF ASWP

41 usd per mt 60-70,000 MT (63%) CIF ASWP

>cashmoneybros: incorrect sorry

>cashmoneybros: i have talked to a few people today on behalf of mr weber

>cashmoneybros: who is a new associate of our company

>cashmoneybros: that price that was given to him was foc

>cashmoneybros: fob

>michaelh: That mistake would make 20 - 22$ /MT in difference and is not longer acceptable

>cashmoneybros: ok i understand sir

michaelh: I was reading CIF ASWP

>cashmoneybros: understood sir

>michaelh: Can I have an email from Mr. Weber that there was a mistake in his offer and what is the new CIF price?

>michaelh: I have to apologize to my buyers for my incomplete offer

>cashmoneybros: sure i will inform him to do such

>cashmoneybros: today

>michaelh: Thank you Mrs. Lila

Michael

Bangkok
Thailand


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