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I haven't posted in so long that I

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Muckrakin   Saturday, 11/28/09 12:53:24 PM
Re: iblong2 post# 1425
Post # of 30065 
I haven't posted in so long that I forgot the password to my muckracker account.

Don't believe the latest spin since Milton Todd Ault III has a very shady history with a lot of people owed money and several lawsuits from both former partners and clients.

Let’s get down the facts and history of the company starting with their successes and fails.

Broker/Dealer – Failed
Alternative Trading System – Failed
Real Estate – Failed (to be fair everyone in this area is getting killed)
IPEX – Failed
DGCO - Failed
Adult Entertainment Capital – Failed
Alternative trading system – Failed
Greektrader.com – Failed
Energy drink – Failed
Herbal pills – Failed
The Adult Spot show – Failed

That is a lot of failure so what makes anyone believe that a company with no office, no phone number (besides a private cell) and no email is capable of dong anything but taking your money and running. There has been no sign of anyone making any money off of any of Ault's ventures. I just don’t understand why some people choose to still believe anything from this guy, especially with the facts screaming for you to avoid this guy like the plague. A simple web search shows the below and this doesn’t even take into account the amount of debt he owes to several businesses (if he ever intends to pay them back).

Lawsuits by his former partner
http://dockets.justia.com/search?query=milton+ault&search=Search&stateorcourt=&lawsuittype=&documentfilter=allcases&cases=mostrecent&min-day=1&min-month=1&min-year=2004&max-day=28&max-month=11&max-year=2009

One of the reasons for the lawsuits by his former partner
http://www.courthousenews.com/2008/11/03/_center_The_Old_Switcheroo_center_.htm

Investors suing Todd for fraud
http://www.nydailynews.com/money/2009/08/12/2009-08-12_stiffed_for_porn_sez_hedge_funders_suit.html
http://greedybastardsclub.blogspot.com/2009_08_01_archive.html

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