Corporate Acquisitions Group Valuation Refund Letter Mails Today
- Comments: 12
- Written on: March 18th, 2009
UPDATE 8-8-09: Ty did respond to my letter ad he did send me a refund check for 1/2 of the amount he owed to me. After two additional missed deadlines, he has yet to mail me the second half of the refund that was due in 2008. There are multiple others who are owed refunds as well – some of which have supplied me with recorded phone calls with Ty. In these recordings Ty agrees that he will pay the refund (as he did in email messages to me) and then fails to do so because, as he freely admits, he does not have the money.
The main reason I signed with CAG was because Ty said he was regulated by the State of Colorado Board of Real Estate and at the time his story checked out. Recently I learned that Ty is a convicted felon who lied on his broker’s application to obtain his brokers license. His license has since been revoked. I have no reason to believe I will ever see the rest of my money from Ty Tymkovich.
Some of you might remember that I wrote a post about a business I was trying to find an investor for through Corporate Acquisitions Group. The one year anniversary of that business listing is coming up on the 25th of March, and my agreement with Corporate Acquisitions Group states that if they can not find an investor for me, they will refund the $7,500 cost of the initial business valuation that was performed.
The agreement states:
Corporate Acquisitions Group will introduce a qualified buyer or investor that is interested in purchasing the above named company at a fair market value or Corporate Acquisitions Group will refund the dollar amount listed above.
My initial post generated a little controversy, as well as some strange phone calls and emails from people who claim that Corporate Acquisitions Group never paid them a refund, and some truly negative comments from readers about the company’s owner, Ty Tymkovich himself.
It is important to note that I have asked those who contacted me to provide copies of letters they claim to have received,
but they will not. I have asked to see copies of the Service Agreement they signed, as I did, and they can’t produce one. This is the Internet and anyone can write ANYTHING. I have made the decision to find the reality in this situation myself and promise to share it with all of my readers.
With that said, I am not just being a hopeful fool.
I believe that Ty Tymkovich and Corporate Acquisitions Group will refund the $7,500 business valuation in accordance with our agreement because I have taken the time to actually call Ty and speak to him about what is being said.
I have actually taken the time to call the regulatory board that grants Ty a broker’s license in Colorado.
Every FACTUAL thing I check tells me Corporate Acquisitions Group is on the up-and-up. (Real Estate brokers need to be bonded, and you don’t get bonded if you break your contracts)
As I promised in the first post, I am sending a letter today to Corporate Acquisitions Group requesting a valuation refund in accordance with our agreement. I will keep a careful record of what happens and will report the outcome here as well.
There are a lot of very negative things bouncing around on blogs online about this company and its owner,
and I have not been able to confirm a single one of them despite DILIGENT efforts.
What a company does is much more influential than what they SAY they will do, so hang tight for a month and I will let all of you know how it comes out.
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- Comments: 12