GHS Investments, LLC and GS Capital Partners is the new Fairhills Capital Illegal Toxic Death Spiral Fund that illegally sold shares and Killed companies share price and was shut down by the SEC afte

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
GHS Investments, LLC and GS Capital Partners is the new Fairhills Capital Illegal Toxic Death Spiral Fund that illegally sold shares and Killed companies share price and was shut down by the SEC after multiple litigations for destroying companies.*-201*-165htm*****-165.pdf******** Mark Grober AKA GHS CAPITAL LLC & GHS INVESTMENT LLC (essentially a one man financing "firm" along with Sarfraz Hajee. Only two names I could find tied to this "Death-Spiraled" financing company as they are referred to on iHub message boards. Link to that iHub member**** Mark Grober Portfolio Manager Fairhills Capital LLC (Grober had a court case with Fairhills in NY, Court papers in link below, good read of what Mark Grober has been involved with in the past) "Fairhills Capital was a MAJOR toxic financier (a "toxican"... love that name!) that even had its own board on IHub devoted to the companies they "death-spiraled.": Here is a link from iHub of Fairhills Capital's Clients that have "DEATH-SPIRALED", EVERY COMPANY IS TRADING AT $0.0001 OR DEAD; Feburary 2009 - April 2011 ( 2 years 3 months ) Analyst The NIR Group, LLC February 2007 - February 2011 ( 2 years 1 month) Mark Grober linkedin page is blank with his name only and no history or mention of GHS CAPITAL OR INVESTMENT OR PANACHE CAPITAL.****.pdf Sarfraz Hajee Private Equity (only other name associated to GHS Capital LLC & GHS Investment LLC & Mark Grober) But doesn't list GHS Investment LLC on his linkedin page only lists "Panache Capital" WHICH Mark Grober was a Managing Member for. Sarfraz Hajee name is on GHS signature paperwork AS FOUND BY iHub member. Link to that is below as well.**** WeWork rental,110 Wall Street, 3rd Floor, Suite 5-070 Fairhills Capital's Office Raided by FBI, Hedge Fund Alerts Says By Bill Meagher November 28, 2012 8:13 PM ET The White Plains, N.Y., office of Fairhills Capital and E-Lionheart Associates was raided by the FBI a few days before Thanksgiving, the newsletter Hedge Fund Alert reported. A receptionist for Fairhills said that Principal Edward Bronson wasn't taking calls from the press and declined to comment. Representatives of the FBI didn't return calls seeking comment. The reported FBI raid comes after the Securities and Exchange Commission filed civil charges against Bronson and E-Lionheart in August, accusing them of buying and selling billions of shares of more than 100 penny stocks without registration, resulting in alleged profits of more than $10 million. It appears that Fairhills Capital has recently changed its name to Exelerate Group. Fairhills and Exelerate share the same phone number and White Plains address. Links on Fairhills' website are now broken, while Exelerate's site says the firm provides financing for small public companies. The SEC's lawsuit, filed in U.S. District Court in Manhattan, claims that Bronson and E-Lionheart purchased stock by cold calling penny stock companies and asking if they needed cash. If the company said it did need funds, then E-Lionheart (which also operated under the name Fairhills Capital) would offer to buy shares at a deep discount. Typically, E-Lionheart would sell the shares within days, with no registration of the shares. Instead, Bronson and E-Lionheart relied upon an exemption from stock registration requirement under Delaware securities law. The SEC lawsuit said that the Delaware exemption didn't apply since E-Lionheart and Fairhills weren't registered in that state, and none of the companies in which they invested operated in Delaware. Among the more than 100 penny stocks that E-Lionheart and Bronson bought and sold were Sierra Gold (SGCP), Cannon Exploration (CNEX), LIGATT Security International (LGTT), International Power Group (IPWG), Russell Industries, GoIP Global (GOIG), Hall of Fame Beverages (HFBG), Green Globe International (GGII), Lecere Corp. (LCRE), and Imagexpres Corp. (IMJX). E-Lionheart allegedly engaged in 30 transactions with Sierra Gold, buying 1.1 billion shares for $1.7 million and realizing net profits of $836,000 from the sale of unregistered shares. Sierra, Cannon, LIGATT, International Power, GoIP, Hall of Fame, Green Globe, Lecere, and Imagexpres were all the subjects of stock promotions. And with the exception of Sierra and Russell, listings for all of the companies carry a stop sign symbol on the OTC Markets website. The stop sign indicates that a company may not be making material information available to the public and investors. The SEC is seeking an order for Bronson and E-Lionheart to disgorge more than $10 million in profits. The commission is also asking the court to bar Bronson and E-Lionheart from participating in future penny stock offerings.************
View full review

Why Trust Reviews on PissedConsumer?

  • Professional auto and live moderation
  • 100% user-generated content
  • Equal opportunity and protection
  • Zero tolerance for fake reviews
  • Verified content
  • PissedConsumer is on the Inc. 5000 list

For more information read Blog article