Global Group of Investors Have Had Enough of Poor Treatment From Managing Partner
The photograph is of Justin Solomon (President of Seisma Energy Research A.V.V. of Aruba in the Lesser Antilles and Formerly of Seisma Oil Research L.L.C. of Boca Raton, Florida, USA). He is our Managing Partner.
I represent a global group of investors that have decided they have had enough of the poor way they have been treated by their Managing partners.
Seisma Energy Research AVV (formerly Seisma Oil Research LLC of Boca Raton, Florida, USA) who has a website called www.seismaresearch.com and their sister company Permian Asset Management AVV that have a website called www.permianco.com are both located on the small caribbean island of Aruba in the Lesser Antilles. They act as investment firms selling percentage interests in Texas oil and gas reserves. They are not selling securities or stocks they are selling a percentage interest in a reserve and you will enter into a partnership or joint venture agreement. The reasons why the group have had enough:-
Seisma and Permian have stopped communicating with most of the group. E-mails are no longer answered. Most of the group no longer telephoned as they now say this is a "complimentary service".
Many investors can no longer login to the Neofirma website as their usernames and passwords are no longer authorised.
The investors that are still in communication with these firms only receive threatening or abusive telephone calls from their Account Executives / Brokers who try to extort more money out of them.
Investors not receiving Owners Distribution Statements or their rightful dividends / revenue from production gas well.
Broken promises from the start of the partnerships.
No deadlines hit.
Poor relationship between Managing firm and its clients.
No proof provided that Seisma still have a manned office in Aruba.
No proof that brokers calling are who they say they are
No proof that a joint venture bank account exists.
If you have signed partnership agreements with either of these two companies and you are also worried about your investment (s) you should contact us. If you are looking to invest with either of these two firms I advise you to make contact with us first.
We are intending to take action against our managing partners to regain control of our investments
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release 21562 / June 18, 2010
Securities and Exchange Commission v. Seisma Oil Research, LLC (a/k/a Seisma Energy Research, LLC), Seisma Energy Research, AVV (a/k/a Seisma Oil Research, AVV), Permian Asset Management, AVV and Justin Solomon, Civil Action No. 5:10-CV-95 (NDTX)(June 16, 2010)
SEC Charges Fraud in International Sale of Texas Oil and Gas Investments
On June 16, 2010, the Securities and Exchange Commission filed suit in the U.S. District Court for the Northern District of Texas, Lubbock Division, alleging that Justin Solomon of Deerfield Beach, Florida, and three affiliated companies fraudulently sold investments in Texas oil and gas projects to overseas investors. The defendants have offered to consent to a preliminary injunction against further fraudulent sales, the repatriation of any remaining investor assets, and other relief.
According to the Commission's complaint, since 2007, three companies Solomon controls — Seisma Oil Research, LLC of Boca Raton, Florida and two Aruban affiliates, Seisma Energy Research, AVV and Permian Asset Management, AVV (collectively, "Seisma") — have used high-pressure sales tactics to raise at least $25 million from more than 400 non-U.S. investors through the offer of units in six joint ventures, of which Seisma is the managing venturer. The ventures were supposed to purchase undivided working interest in oil and gas projects owned and operated by two unrelated Texas companies. According to the complaint, however, Seisma never acquired any working interest for two of the six ventures and has expended only $9.5 million of the funds raised toward acquiring interests on behalf of the ventures. The complaint also alleges that Seisma misrepresented or omitted material facts about the profitability and prospects of the oil and gas opportunities.
The Commission's complaint alleges that Seisma and Solomon violated Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Commission's complaint seeks permanent injunctive relief, civil penalties and disgorgement of the proceeds of the fraud, as well as the agreed preliminary injunction, repatriation of all investor funds, an accounting and orders preserving documents.
The Commission acknowledges the assistance of the Financial Services Authority of the United Kingdom; the City of London Police; the Federal Financial Supervisory Authority of Germany; the Ontario Securities Commission; the Nova Scotia Securities Commission; and the Florida Office of Financial Regulation, Division of Securities.
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The rest is repeating, NICE SONG
Picture of Victor Hedley taken in the year 2000 whilst on vacation. Victor called himself a Senior Consultant for Seisma Energy Research A.V.V. and Permian Asset management A.V.V.
If you know the current whereabouts of Solomon or Hedley or any members of their boiler room that operated from 2007 to early 2010 from Costa Rica and Thailand then our group would be very interested to hear from you.