Start by researching the past 13 companies that Mr. Douglas Femrite was either in charge of, or had high affiliation with. In all 13 companies listed, not one company has held a success record. All 13 are listed as total failures. I will list all 13 companies so each interested investor can take thier time and research the material on those 13. I do hope that you were not one of those investors that ended up losing thier lifes savings!
1. Polytek Rubber Recycling, Inc. 2. Landstar Rubbger, Inc. 3. United Trans Western, Inc. 4. Rebound Rubber Corp. 5. Kentucky Financial, Inc. 6. Trellis Technology, Inc. 7. Swift Energy Corp. 8. SNRG 9. Texen Oil 10. Port Assets, LLC 11. Bay City Partners, LLC 12. Texen Holdings, LLC 13. Pan American Oil Company,LLC
I’m not sure links work on this board so you can copy and paste if needed. The first link below will give you all the information regarding the ties between Texen Oil and Mathon. Everything I know regarding these companies was found on Google. Investors should always do their research before trusting others with their money. If you’ve been scammed by any of the people mentioned in this thread, I’d contact the Arizona ACC, the FBI in Phoenix (working the case), or Mathonconservatorship.com. I don’t know what will become of the FBI probe, my guess is that they are hoping to someday find the millions of missing investor dollars stashed in offshore accounts. But, with folks like Madoff and our top banking and insurance institutions ripping off to the tune of billions, the little guys may ride off into the sunset untouched.
There’s a new AZ court case no: CV2007-005734, gearing up to begin that will attempt to recover money from the insider salesmen of Mathon. If you visit mathonconservatorship.com you’ll find everything you need to know about this case.