Corporate Acquisition Group Issues Valuation Refund

Over the past two months I have made some posts talking about Ty Tymkovich and Corporate Acquisitions Group. Corporate Acquisitions Group finds investors for businesses and I listed one of my companies with him just over a year ago.

Corporate Acquisitions Group has a simple service guarantee: If they don’t introduce you to a qualified investor within one year, you get the cost of your valuation back. My valuation was about $7,500 and I am happy to report that Ty and his company stand behind their guarantee. My valuation refund will be mailed Monday morning and I should have it no later than Wednesday.

UPDATE 7/16/09:  Ty only sent me 1/2 of what he owed me.  Two subsequent deadlines for the second half payment were missed.  I have been contacted by two individuals who won binding arbitration agreements against Ty, but still have not received their money.  I also received a copy of a document that revoked Ty’s brokers license and requires the payment of a $6,500 fine to have it reinstated.  Given the past history of failure to pay myself as well as others, as well as the fact that Ty is no longer licensed as a broker, I removed my business listings with Corporate Acquisitions Group as of 7/14/2009.

I am leaving my listing with Corporate Acquisitions Group because I believe that as the economy improves, Ty and his team are the people I want brokering my business.

You should know that I have contacted every single person who has posted a comment on my blog with something nasty to say about Ty or his company.  I asked all of them to provide me a copy of a letter, an email, even notes from a phone call to document their claims.  Not a single person did.

It has also been popular to try and associate Ty with a group of people who are under an investigation by the Secret Service for perpetrating some kind of fraud with a service guarantee that is similar to the one Ty offers.  I can now report to you from PERSONAL EXPERIENCE that Ty is an honest businessman and there is no credible connection between him and these other people that always seem to come up in the comments section.

If anything more develops, I will keep you posted.  Also from this point I *will be comment scrubbing on this post*