Basically Doug Cole was a close associate of James Poe (the #1 key insider for FAGI). Cole fronted for Poe briefly as the CEO of China Chemical Inc (CHCC) after Poe acquired that shell from Thomas & Elizabeth Coldicutt in 2010 while it was still known as Bomps Mining Inc
Doug Cole was mentioned in the Jeff Thomas solicitation emails back in April of 2014 as a potential officer for the FAGI shell back when Jeff was circulating the bogus subscription agreement ($.25/share) and a special private placement agreement ($.125/share) as an unregistered broker pre-selling stock for James Poe that would be created later through debt conversions at $.0025/share using the convertible debt Note that Poe acquired using AE Group Investments Inc then later transferred to his Hong Kong entity named Global Force Trading Limited.
It turns out that David Riedel works with Doug Cole at Objective Equity LLC. Doug Cole has always listed himself as a managing partner in Objective Equity LLC.
David Riedel is the long time FINRA registered representative for Objective Equity LLC and its president and COO going back to 2004 just after he started Riedel Research Group.
Riedel and Cole can be found as shareholders together in several stocks between 2008 - 2013 through Objective Equity LLC including WMTM, SYRX, and AVTH (which was suspended then revoked in 2017). I even found one old reference to Riedel Research which named Doug Cole as a project head for the Global Team.
David Riedel and Doug Cole have been working together for over a dozen years.
So the simple answer is that the Riedel Research evaluation done for Grupo Richard/FAGI was nothing more than an inside job. It was most definitely not an independent 3rd party evaluation.
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