I'm sorry, please help me understand, I don't see anything about a scam anywhere in this post stickied to demonstrate a past scam of Beatty's?
Are you implying that because a company failed it was a scam?
By that measure most companies are scams, since most companies fail!
As for Beatty, have you read post #19241 ???????
Here, I'll copy it below, with credit going to Keech63 (for what I consider a most substantial post):
Very Important Beatty's Back On Board Of Directors
This is Trinity Capital's Recent Client Work:
Carter Group, Inc.
Carter Group manufactures electronic components for the automotive industry. Carter commenced manufacturing in June 2002 flawlessly. The company has achieved a $20 million plus run rate and has drawn significant accolade from the auto market for their success
Trinity was the exclusive Agent in a $7 million private placement
Trinity subsequently acts as a financial advisor for future acquisitions
Trinity has observer status on the board
Genetic Diagnostics Inc.
Genetic Diagnostics Inc. has developed a revolutionary technology platform for conducting DNA diagnostic tests. GDI's technology is rapidly advancing towards commercial use and has been strongly received by the well-recognized clinical lab companies such as LABCORP and Qwest.
Trinity has acted as a lead agent in a second round of $1.25 and a subsequent $4.0 private placement
Trinity has two members on the Board and on the audit and compensation committee
ComnetiX Computer Systems Inc.
ComnetiX's principal business is the provision of advanced biometric-agnostic, hardware-independent, standards-based verification and identification software solutions. The Company also is a leader in the development of state of the art networked criminal intelligence systems. ComnetiX has seen revenues increase dramatically over the past 2 years with a commensurate improvement in the bottom line, from a loss of $3 million to a profit in 24 months.
Trinity provided partner capital in two rounds of purchase order financing
Trinity subsequently converted its partner capital and syndicated a $2 million private placement
Certicom
Certicom was a leading provider of information security software and services based upon elliptic curve cryptography. Elliptic curve cryptography enabled Certicom's software to be utilized in a high volume limited real estate environment
Trinity acted as an exclusive Agent initially providing partner and institutional capital on a $ 2. 06 million private placement
Trinity assumed a board seat and assisted in the recruitment of a new CEO
Trinity chaired the Audit Committee
Trinity shortly thereafter acted as lead manager on a $ 8 million IPO
Certicom utilized the initial capital to expand, then produced offerings, sized up their organization. including the establishment of a US executive office in California. Through their developer tools, they were able to license over 200 major clients worldwide
Changepoint
Changepoint is one of the pioneers that established the market for Professional Services Automation (PSA). The company originally sold a workgroup platform for managing projects and collaborative applications on the Internet. Changepoint's PSA software today is a mature, robust, fully integrated, and globalized product that is multi-currency and multi-tax enabled. Changepoint's software is used by over 350 leading professional service organizations around the world
Trinity was Principal and Agent on a $2.75 million private placement
Trinity assured two board seats, chaired the Audit Committee and sat on the Compensation Committee.
Trinity acted as the financial strategic advisor on a second round financing of $4 million
Eli Eco Logic Inc.
Eli Eco Logic has developed, patented and is marketing a hazardous waste destruction process that destroys toxic materials in a safe, permanent, and cost effective manner. The Eco Logic process remains the preferred choice of technologies in the chemical demilitarization market and the overall military waste market. The Eco Logic process has been used superbly for individual waste including PCB's
Trinity initially invested in a seed round financing, and organized a reverse take over
Trinity acted a co-deal manager on a $19.3 million rights offering
Trinity has a board seat, chairs the Audit Committee, and assisted in the recruitment of a new CEO in August 1997
Over $60 million has been spent in developing, testing, improving and commercializing the Eco Logic process and ancillary technologies
iMPath Networks
iMPath is a leading provider of video networking solutions for the surveillance and enterprise video markets. iMPath has now major installations of surveillance equipment throughout the world from JFK airport, the Millennium Dome in London, Jerusalem Town Centre in Israel, and even in New Zealand. The organization has grown through partnering and alliances worldwide and has expanded their product offering from the transportation systems market, to broad based video surveillance, including airports, hotels, casino's and correctional facilities markets.
Trinity was the exclusive Agent and advisor on a $6.25 million private placement
Trinity assumed a board seat, sat on the Compensation Committee and assisted in the evaluation of the sales and marketing departments, ultimately creating an improved organization
AI
