AboutHarry Hayfield Expertise I`ve been interested in investing in the stock market since December 1990 and in recent months have been an avid viewer of Bloomberg and CNBC Television.
Expert: Harry Hayfield Date: 7/16/2007 Subject: AssociatesCapital.net
Question Hello,
I would like to know how can I find out if a banking and investment company is legitimate. I am concerned with www.associatescapital.net. It says they have assets of over $200 million, but I cannot seem to find anything anywhere about them other than two articles I have uncovered. They are based in the USA, but they may have affiliations elsewhere too. Here is an article you can take a look at. The name of the COO is mentioned in the article.
The CEO is someone named Jeff Gustafason (sp) who is a reverse merger expert.
I have certainly tried to get information and have tried to contact them via their website, but no responses.
Thanks.
Answer If you are unsure about a company's viability prior to market, the best people to contact would be the people who are overseeing the sale (usually Goldman or Merill). They should have to send you a prospectus which will lay out the profit forecasts for the next five years.