- Report: #1041307
Complaint Review: Timothy Neher - Foster City California
-
Author Confirmed
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Timothy Neher
1840 Gateway Drive Suite 200 Foster City, 94404 California, United States of America
Phone:
650 283 2653
Web:
http://www.acceleratedventurepartners.com
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Timothy Neher Accelerated Venture Partners Tim Neher Defrauds Entrepreneurs with Merger Network Sale of Public Shells Foster City, California
On 16th November 2012, I acquired a SPAC (special purpose company)registered with the SEC by two people based in California, U.S.A. whohold out to be Investors on their website. I paid US$87,000 (eighty seventhousand dollars) via wire transfer.... yes, you guessed... it was good Ol' Boy Timothy Neher!!!
A "Consulting Agreement" was signed, but I actually admit that I did nothave any counsel review it and missed some important small-print details,such as the fact that it says that if I fail to pay filing fees within 10 daysbefore each quarter, these "advisors" have the right to take over the SPAC and I would forefeit all assets and payments made to them, including allassets that may have been assigned to the SPAC.
I pursued an authentic acquisition transaction and have all of thedocumentary evidence to prove that indeed we intend to form andbuild a valid and legitimate on-going business.
After 4 months of basically "feet dragging" and not filing the promised8-K submission of business plan by these two people, I became more andmore restless and asked for the Delaware Company corporate records along with the Shareholder Register, since I intend to take FULL controlof this SPAC and actually complete a valid funding transaction.
The California advisors have refused to send to me the Delaware Companyrecords and have stated in several telecoms (with my Associate on a threeway call, as I have most always addressed these two advisors). They have repeatedly stated in email and phone conversations, that "there are NO Delaware corporate records and that NO shares have been issued. Now I know why... TIMOTHY NEHER OWES US$167,292.69 IN DELIQUENT TAXES TO THE DELAWARE SECRETARY OF STATE !!! AHAHAHAH !!! THERE IS MORE, BUT I WILL NOT TELL YOU HERE, CAUSE I STILL AM WORKING ON A MORE POWERFUL PUNCH !!!!
On April 4th I was reviewing on Edgar Online Pro the filings and noticedthat the California advisor signed the 10-Q as CEO and President, whenthis same misrepresentation had already been corrected once in a previous8-K that they filed. I must say that I have never been able to review norauthorize, much less sign any filings. They simply enter my name on thesignature line, but I have NOT signed any filing documents.
Also, I now realize the reason they do not want to give me the the Delawarecorporate records and Shareholder Register, along with the stock certificates,is that on the date of formation (February 6th 2012) the advisors issued tothemselves 5,000,000 (five million) of Founder Shares.
BE CAREFUL OUT THERE WITH THIS ACCELERATED VENTURE PARTNERS AND THIS MR. TIMOTHY NEHER... BOY OH BOY... HE COMES ACROSS VERY WELL ON THE PHONE... NEVER DO BUSINESS WITH HIM, EVER!!! IF YOU DO NOT WANT TO LOSE YOUR SHIRT FOR SURE !!! LIKE, IT IS NOT LIKE HE IS NOT TALENTED AND EVEN CHARMING, CHARISMATIC... YEP, THAT IS WHY HE IS SO d**n DANGEROUS!!!
A "Consulting Agreement" was signed, but I actually admit that I did nothave any counsel review it and missed some important small-print details,such as the fact that it says that if I fail to pay filing fees within 10 daysbefore each quarter, these "advisors" have the right to take over the SPAC and I would forefeit all assets and payments made to them, including allassets that may have been assigned to the SPAC.
I pursued an authentic acquisition transaction and have all of thedocumentary evidence to prove that indeed we intend to form andbuild a valid and legitimate on-going business.
After 4 months of basically "feet dragging" and not filing the promised8-K submission of business plan by these two people, I became more andmore restless and asked for the Delaware Company corporate records along with the Shareholder Register, since I intend to take FULL controlof this SPAC and actually complete a valid funding transaction.
The California advisors have refused to send to me the Delaware Companyrecords and have stated in several telecoms (with my Associate on a threeway call, as I have most always addressed these two advisors). They have repeatedly stated in email and phone conversations, that "there are NO Delaware corporate records and that NO shares have been issued. Now I know why... TIMOTHY NEHER OWES US$167,292.69 IN DELIQUENT TAXES TO THE DELAWARE SECRETARY OF STATE !!! AHAHAHAH !!! THERE IS MORE, BUT I WILL NOT TELL YOU HERE, CAUSE I STILL AM WORKING ON A MORE POWERFUL PUNCH !!!!
On April 4th I was reviewing on Edgar Online Pro the filings and noticedthat the California advisor signed the 10-Q as CEO and President, whenthis same misrepresentation had already been corrected once in a previous8-K that they filed. I must say that I have never been able to review norauthorize, much less sign any filings. They simply enter my name on thesignature line, but I have NOT signed any filing documents.
Also, I now realize the reason they do not want to give me the the Delawarecorporate records and Shareholder Register, along with the stock certificates,is that on the date of formation (February 6th 2012) the advisors issued tothemselves 5,000,000 (five million) of Founder Shares.
BE CAREFUL OUT THERE WITH THIS ACCELERATED VENTURE PARTNERS AND THIS MR. TIMOTHY NEHER... BOY OH BOY... HE COMES ACROSS VERY WELL ON THE PHONE... NEVER DO BUSINESS WITH HIM, EVER!!! IF YOU DO NOT WANT TO LOSE YOUR SHIRT FOR SURE !!! LIKE, IT IS NOT LIKE HE IS NOT TALENTED AND EVEN CHARMING, CHARISMATIC... YEP, THAT IS WHY HE IS SO d**n DANGEROUS!!!
1 Updates & Rebuttals
HorrificRipOffVictim
London,Other,
Updated Information
#2Author of original report
Wed, April 17, 2013
I just want to set the record straight on the fact that what I initially understood in all good faith to be a delinquent tax for US$167,000 turned out to be possible to recalculate by the Division of Corporations at Delaware. So, in this regard, I want
to be fair and say that the total taxes outstanding were $539.25 after recalculation of the earlier posted $167,000 which on the Delaware website appeared to be solid delinquent taxes. However, overall, it was necessary to go to the SEC to get this
company acquisition under regulatory intervention, as the fact remains that the rest of this report still stands. In the event that I get a FREE AND CLEAR company for which I paid $87,000 and only $2,339 was actually the reported price of the
shares, means that a fee for $84,661 was the essence of the transaction. I am still awaiting full confirmation of the request to get full control and I am working on it. I have contacted Mr. Neher via email and he has been decent in his emails
and I have hope to at least get my company. No chance of getting my money back, since the investor representations have not turned out to be real. In addition, the fact remains that Mr. Neher did retain the option to forfeit all money paid and
reclaim control of my company if I ever not paid stiff fees. I believe that with the actions taken, it may be possible to at least obtain a FREE AND CLEAR company.
