Beware, this individual is claiming he has ownership of a "patent," "patent pending" or a "provisional patent." He did originally file for a patent, yet it was assigned to another party years ago, therefore he has no ownership of the product in question; at least from 2011 until this posting, as for the future, that may be different. Additionally, he is claiming his previous work as a "patent," which it was not.
He is withholding materially significant facts during due diligence and misleading individuals into becoming investors. Investor money is being routed through a non-profit organization.
If solicited by him for investment, be sure to research/google his ownership of any variation of a patent he is claiming ownership of. Be sure to ask for historical contracts to ensure he can legally raise money for anything he is claiming he is affiliated with; an attorney would have good advice in this situation. I would suggest you have an attorney or investment advisor review any documents he is asking you to contractually agree to.
If he claims any start up costs, request to see accounting records, bank statements, invoices, receipts and tax returns.
I did invest in the company he illustrated and unfortunately did not catch the patent assignment. He did not admit or mention word of his disconnect from the "patent" until he was approached with the information, which was well after he secured funding from me.
Please complete your due diligence to the fullest extent possible.
Ronald Beiber Reviews
Beware, this individual is claiming he has ownership of a "patent," "patent pending" or a "provisional patent." He did originally file for a patent, yet it was assigned to another party years ago, therefore he has no ownership of the product in question; at least from 2011 until this posting, as for the future, that may be different. Additionally, he is claiming his previous work as a "patent," which it was not.
He is withholding materially significant facts during due diligence and misleading individuals into becoming investors. Investor money is being routed through a non-profit organization.
If solicited by him for investment, be sure to research/google his ownership of any variation of a patent he is claiming ownership of. Be sure to ask for historical contracts to ensure he can legally raise money for anything he is claiming he is affiliated with; an attorney would have good advice in this situation. I would suggest you have an attorney or investment advisor review any documents he is asking you to contractually agree to.
If he claims any start up costs, request to see accounting records, bank statements, invoices, receipts and tax returns.
I did invest in the company he illustrated and unfortunately did not catch the patent assignment. He did not admit or mention word of his disconnect from the "patent" until he was approached with the information, which was well after he secured funding from me.
Please complete your due diligence to the fullest extent possible.