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| | The Let's Form a Startup! Network is not currently active and cannot accept new posts | | Anyone Encounter Equitex Venture Group? | Views: 12791 | | Jun 09, 2004 1:04 am | | Anyone Encounter Equitex Venture Group? | # |
Jonathan Marcus | | Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
Thanks to all for your time and here's to building successful ventures!
Private Reply to Jonathan Marcus | | Jun 09, 2004 2:40 pm | | re: Anyone Encounter Equitex Venture Group? | # |
Mukesh (http://www.devsquare.com) Hegde | | Hi Jonathan,
Thanks for your post. Can you elaborate on their con game? It will help us in being wary of similar con games from other VCs.
Cheers,
> Jonathan Marcus wrote:
> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>
>Thanks to all for your time and here's to building successful ventures!
>
> Private Reply to Mukesh (http://www.devsquare.com) Hegde | | Sep 21, 2004 3:15 pm | | re: Anyone Encounter Equitex Venture Group? | # |
martin arellano | | Yes I have, I took him to court. I tried contacting you Jonathan and I would like to dissus this with you and the other companies. I have friends in the New York State goverrnment who would like to hear your story and theirs.
> Jonathan Marcus wrote:
> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>
>Thanks to all for your time and here's to building successful ventures!
>
> Private Reply to martin arellano | | Sep 21, 2004 8:29 pm | | re: re: Anyone Encounter Equitex Venture Group? | # |
Jonathan Marcus | | Martin, I am unable to send you a private message due to blocking on your page. Would you please send me a PM on my page to let me know how to contact you... thank you!
JM
> martin arellano wrote:
> Yes I have, I took him to court. I tried contacting you Jonathan and I would like to dissus this with you and the other companies. I have friends in the New York State goverrnment who would like to hear your story and theirs.
>
>> Jonathan Marcus wrote:
>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>
>>Thanks to all for your time and here's to building successful ventures!
>>
>> Private Reply to Jonathan Marcus | | Oct 18, 2004 1:59 pm | | re: Equitex Venture Group | # |
harold morris | |
> Harold Morris wrote:
> I have been involved with Equitex and to date they have funded five growth type companies that were in the early stage. They are in the position to do additional business fundings but the criteria they are using has become more defined.
Should anyone have any questions about them it is wise to just contact them directly in New York before regarding any spurious information.
Harold>
> Private Reply to harold morris | | Dec 17, 2004 1:58 pm | | re: Anyone Encounter Equitex Venture Group? | # |
harold morris | |
> Mr. Marcus:
I have worked with Equitex Ventre Group, they have now funded five (5) companies. They are very aware of this slanderous actvity and I suggest you get your facts straight.
Harold Morris Private Reply to harold morris | | Dec 17, 2004 7:37 pm | | re: re: Anyone Encounter Equitex Venture Group? | # |
Travis Hughes Interactive | |
> harold morris wrote:
>
>
>Mr. Marcus:
>
>I have worked with Equitex Ventre Group, they have now funded five (5) companies. They are very aware of this slanderous actvity and I suggest you get your facts straight.
>
>Harold Morris
FYI. Slander is spoken. Libel is written.
- Travis Private Reply to Travis Hughes Interactive | | Dec 22, 2004 8:26 pm | | re: Anyone Encounter Equitex Venture Group? | # |
harold morris | |
> Harold Morris wrote:
To members who have read these postings. I have been involved with Philip Capolongo and his team for a period of seven years and have had both good experiences and financially profitable endings. HIs group just cannot fund certain transactions.
If anyone wishes any further information on the group they only need call Mr. Capolongo at his office.
HaroldPrivate Reply to harold morris | | Dec 22, 2004 10:10 pm | | re: re: Anyone Encounter Equitex Venture Group? | # | 
Robert Johnson | | Harold:
I am curious and have 2 questions.
1. What is your relationship to Equitex?
2. Why do you not allow private messages?
Robert Johnson
> harold morris wrote:
>
>
>> Harold Morris wrote:
>
>To members who have read these postings. I have been involved with Philip Capolongo and his team for a period of seven years and have had both good experiences and financially profitable endings. HIs group just cannot fund certain transactions.
>
>If anyone wishes any further information on the group they only need call Mr. Capolongo at his office.
>
>Harold Private Reply to Robert Johnson | | Dec 22, 2004 11:35 pm | | re: re: re: Anyone Encounter Equitex Venture Group? | # | 
>> Barry Caplan - Start Your Future Today | | I would add, foir the umpteenth time,
Why don't you actually describe the nature of the transactions?
The person you refer too has already said here that he is unhappy with Equitex. No need for you to hide by putting words in his mouth, that say, in effect, that he is a liar about that.
State your case!
Best,
Barry
> Robert Johnson wrote:
> Harold:
>
>I am curious and have 2 questions.
>
>1. What is your relationship to Equitex?
>
>2. Why do you not allow private messages?
>
>Robert Johnson
>
>> harold morris wrote:
>>
>>
>>> Harold Morris wrote:
>>
>>To members who have read these postings. I have been involved with Philip Capolongo and his team for a period of seven years and have had both good experiences and financially profitable endings. HIs group just cannot fund certain transactions.
>>
>>If anyone wishes any further information on the group they only need call Mr. Capolongo at his office.
>>
>>Harold Private Reply to >> Barry Caplan - Start Your Future Today | | Jan 03, 2005 3:32 am | | re: Anyone Encounter Equitex Venture Group? | # |
Gerry Rand | | Could you please expand? I have a software company thatis need of funds. Someone gave us the Equitex Venture Group name and when doing research I came up with your posting. BEFORE I get involved could you give me more information?
Gerry Rand
> Jonathan Marcus wrote:
> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>
>Thanks to all for your time and here's to building successful ventures!
>
> Private Reply to Gerry Rand | | Jan 03, 2005 4:31 pm | | re: Anyone Encounter Equitex Venture Group? | # |
Robert Johnson | | Gerry:
While I do not have any information about Equitex, I would like to communicate with you directly. However, you have set up your page to block private messages.
Robert JOhnson
> Gerry Rand wrote:
> Could you please expand? I have a software company thatis need of funds. Someone gave us the Equitex Venture Group name and when doing research I came up with your posting. BEFORE I get involved could you give me more information?
>
>Gerry Rand
>
>> Jonathan Marcus wrote:
>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>
>>Thanks to all for your time and here's to building successful ventures!
>>
>> Private Reply to Robert Johnson | | Mar 28, 2005 4:44 am | | re: Anyone Encounter Equitex Venture Group? | # |
Dale Kurschner | | Hi Marcus and others.
My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
Dale Kurschner
> Jonathan Marcus wrote:
> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>
>Thanks to all for your time and here's to building successful ventures!
>
> Private Reply to Dale Kurschner | | Apr 15, 2005 12:40 am | | re: re: Anyone Encounter Equitex Venture Group? | # |
Kevin Quinn | |
> Dale Kurschner wrote:
> Hi Marcus and others.
>
>My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
>
>Dale Kurschner
>
>
>> Jonathan Marcus wrote:
>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>
>>Thanks to all for your time and here's to building successful ventures!
>>
>> Private Reply to Kevin Quinn | | Apr 15, 2005 12:43 am | | re: re: Anyone Encounter Equitex Venture Group? | # |
Kevin Quinn | | Dale,
The great joy in my life was seeing Capolongo in handcuffs in front of a judge on 6/23/98 in Norwalk, CT charged with fraud
> Dale Kurschner wrote:
> Hi Marcus and others.
>
>My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
>
>Dale Kurschner
>
>
>> Jonathan Marcus wrote:
>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>
>>Thanks to all for your time and here's to building successful ventures!
>>
>> Private Reply to Kevin Quinn | | Apr 16, 2005 9:28 pm | | re: re: re: Anyone Encounter Equitex Venture Group? | # |
Jonathan Marcus | | Kevin,
Can you send me a PM and let me know how to get in touch with you? I'd never heard about any previous charges against Capolongo nor Equitex...this is a beautiful thing...
Apparently there is another individual who sued and won against him in civil court in Nassau Cty NY this past year..
> Kevin Quinn wrote:
> Dale,
>
>The great joy in my life was seeing Capolongo in handcuffs in front of a judge on 6/23/98 in Norwalk, CT charged with fraud
>
>> Dale Kurschner wrote:
>> Hi Marcus and others.
>>
>>My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
>>
>>Dale Kurschner
>>
>>
>>> Jonathan Marcus wrote:
>>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>>
>>>Thanks to all for your time and here's to building successful ventures!
>>>
>>> Private Reply to Jonathan Marcus | | Apr 16, 2005 10:31 pm | | re: re: re: re: Anyone Encounter Equitex Venture Group? | # | 
David Stewart - | | I am in the process of raising capital for a animated cartoon series. Lot of snakes out there. There are a couple of other names to avoid. Barrett Capital (see recent post on venture capital/Private Equity) - the best thing to do is do a google search for the company and the principles. I have learned that you will want to have a private placement memorandum prepared as most investors will want to see that.
If anyone is interested I am about to ramp up my internet project. I need either someone to merge with or venture capital. I own SurfTheWeb.com. Please PM me if interested on any level.
> Jonathan Marcus wrote:
> Kevin,
>
>Can you send me a PM and let me know how to get in touch with you? I'd never heard about any previous charges against Capolongo nor Equitex...this is a beautiful thing...
>
>Apparently there is another individual who sued and won against him in civil court in Nassau Cty NY this past year..
>
>
>> Kevin Quinn wrote:
>> Dale,
>>
>>The great joy in my life was seeing Capolongo in handcuffs in front of a judge on 6/23/98 in Norwalk, CT charged with fraud
>>
>>> Dale Kurschner wrote:
>>> Hi Marcus and others.
>>>
>>>My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
>>>
>>>Dale Kurschner
>>>
>>>
>>>> Jonathan Marcus wrote:
>>>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>>>
>>>>Thanks to all for your time and here's to building successful ventures!
>>>>
>>>> Private Reply to David Stewart - | | Apr 17, 2005 3:56 pm | | Anyone Encounter Equitex Venture Group? | # |
Kevin Quinn | | Jonathan,
You can reach me at scooterq513@comcast.net
> Jonathan Marcus wrote:
> Kevin,
>
>Can you send me a PM and let me know how to get in touch with you? I'd never heard about any previous charges against Capolongo nor Equitex...this is a beautiful thing...
>
>Apparently there is another individual who sued and won against him in civil court in Nassau Cty NY this past year..
>
>
>> Kevin Quinn wrote:
>> Dale,
>>
>>The great joy in my life was seeing Capolongo in handcuffs in front of a judge on 6/23/98 in Norwalk, CT charged with fraud
>>
>>> Dale Kurschner wrote:
>>> Hi Marcus and others.
>>>
>>>My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
>>>
>>>Dale Kurschner
>>>
>>>
>>>> Jonathan Marcus wrote:
>>>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>>>
>>>>Thanks to all for your time and here's to building successful ventures!
>>>>
>>>> Private Reply to Kevin Quinn | | May 02, 2005 5:54 pm | | Equitex Venture Group | # |
harold morris | |
Equitex Venture Group has successfully completed funding for seven companies out of its internal funds. The posting by anyone on this site with any information to the contrary is incorrect and has been addressed legally.
If anyone wishes any information on any of the companies funded or would like any references of such successful fundings, Equitex would be glad to provide such references. Please call the firm directly if you wish such information.
Harold Morris
> Private Reply to harold morris | | May 02, 2005 6:08 pm | | re: Equitex Venture Group | # |
Robert Johnson | | Harold:
I would normally send this as a private message - but I see you do not not accept them, so my question to you is:
"What is your relationship to Equitex"?
Robert Johnson
> harold morris wrote:
>
>
>Equitex Venture Group has successfully completed funding for seven companies out of its internal funds. The posting by anyone on this site with any information to the contrary is incorrect and has been addressed legally.
>
>If anyone wishes any information on any of the companies funded or would like any references of such successful fundings, Equitex would be glad to provide such references. Please call the firm directly if you wish such information.
>
>
>
>Harold Morris
>> Private Reply to Robert Johnson | | May 02, 2005 6:17 pm | | re: re: Equitex Venture Group | # |
harold morris | |
I am directly involved with them and in placing companies to them. I work with Mr. Capolongo directly and have known him for over eight years. I know for a fact that they did not fund Mr. Marcus' company because it was a start up that had absolutely nothing in assets.
Mr. Kirchner went to them for funding for a company he had called Profits Journal and received his entire due diligence fee back from Equitex. He has sent some slanderous documentation to the Equitex offices that was turned over to their attorneys.
Not every company that comes to them can and will be funded and as such they have severely narrowed the criteria for funding. Mr. Marcus has not contacted them directly in over a year. Mr. Quinn, who I understand went to college with Mr. Capolongo has not called him or the company for almost eight years.
Anyone wishing to contact the company or Mr. Capolongo can do so at any time to ask on any subject.
Harold
> Robert Johnson wrote:
> Harold:
>
>I would normally send this as a private message - but I see you do not not accept them, so my question to you is:
>
>"What is your relationship to Equitex"?
>
>Robert Johnson
>
>> harold morris wrote:
>>
>>
>>Equitex Venture Group has successfully completed funding for seven companies out of its internal funds. The posting by anyone on this site with any information to the contrary is incorrect and has been addressed legally.
>>
>>If anyone wishes any information on any of the companies funded or would like any references of such successful fundings, Equitex would be glad to provide such references. Please call the firm directly if you wish such information.
>>
>>
>>
>>Harold Morris
>>> Private Reply to harold morris | | Sep 11, 2005 8:06 am | | re: re: re: re: Anyone Encounter Equitex Venture Group? | # |
Chris Tierney | | We've had an encounter with Capolongo and it was not positive to say the least. I've spoken with another gentleman with a company unrelated to our own who stated that he won a civil case against Capolongo.
I've already done a D&B recording of his actions and we've turned it over to our corporate council. Our corporate attorney and I would both like to hear others experiences. Any information, please email: ctierney@deanzagroup.com.
Thank you!
> Jonathan Marcus wrote:
> Kevin,
>
>Can you send me a PM and let me know how to get in touch with you? I'd never heard about any previous charges against Capolongo nor Equitex...this is a beautiful thing...
>
>Apparently there is another individual who sued and won against him in civil court in Nassau Cty NY this past year..
>
>
>> Kevin Quinn wrote:
>> Dale,
>>
>>The great joy in my life was seeing Capolongo in handcuffs in front of a judge on 6/23/98 in Norwalk, CT charged with fraud
>>
>>> Dale Kurschner wrote:
>>> Hi Marcus and others.
>>>
>>>My company had, shall we say, a very, very bad experience with Phil. Along the way, I got to know where he lives, who some of his closest business friends are, etc. Lawyers and government officials say there is good cause to go after him. And I believe he, his family and his business associates have plenty of assets to go after. So, perhaps we should talk about forming a group effort to go after Phil for damages.
>>>
>>>Dale Kurschner
>>>
>>>
>>>> Jonathan Marcus wrote:
>>>> Hi Everyone! I'm seeking anyone who has had a "run-in" with a VC firm by the name of Equitex Venture Group in New York or the CEO/Managing Director by the name of Philip Capolongo. If you have, PLEASE contact me. If not, for all those in the market for investment capital, PLEASE stay clear of this organization -- they are con artists (unfortunately learned this the hard way) and have come across 6 other firms who went through the same.
>>>>
>>>>Thanks to all for your time and here's to building successful ventures!
>>>>
>>>> Private Reply to Chris Tierney | | Feb 21, 2006 11:01 pm | | re: TIRED OF THE BAD MOUTHING | # |
harold morris | | My name is Harold Morris. I have closed now nine deals with Mr. Capolongo and Equitex Venture Group. His number is on the internet he is very visible in New York, you need only call for a number of solid references.
His legal counsel is addressing these "pot shots" on this web site and may hold Ryze responsible. Ask Mr. Marcus if he works out of his home, or out of an office. Equitex has been in the same location in Manhattan on Madison Avenue for over six years and they will be there for the next ten.
THEY JUST CANNOT FUND START UPS WITH NO ASSETS OR NOTHING IN THEM. PLAIN AND SIMPLE.
If you people spent more time working to raise your money and less time on this web site maybe you would get somewhere. This is a joke and just a slamming den.
As for me, I will continue to work with Equitex and continue to advise them to stay away form the likes of you.
When any of you raise real money, contact me, if I am not dead of old age I will respond.
Harold Morris Private Reply to harold morris | | Feb 21, 2006 11:11 pm | | re: TIRED OF THE BAD MOUTHING | # |
Robert Johnson | | Harold:
I am curious and would like to know:
1. What is your relationship with Equitex?
2. Do you reside in New York?
3. Why respond to a message that is 5 months old?
Robert Johnson
Private Reply to Robert Johnson | | Feb 21, 2006 11:17 pm | | re: re: TIRED OF THE BAD MOUTHING | # |
>> Barry Caplan - Start Your Future Today | | Robert -
He posts these same legal threats periodically, I think I have seen them before. Nothing substantial is ever offered in reponse to routine questions, and nothing else ever becomes of the threats.
Harold - if there has ever been a court case as a result of your threats to sue, will you please give us the courtesy of providing the jurisdiction and case number so that we may decide hw seriously to take your fairly vague threats?
It shouldn't take you 5 months to respond, a day or two should be plenty, and so any readers here should take the lack of a response as evidence that there is nothing to back your threats up IMHO.
Best,
BarryPrivate Reply to >> Barry Caplan - Start Your Future Today | | Mar 15, 2006 4:43 pm | | re: re: TIRED OF THE BAD MOUTHING | # |
martin arellano | | He rents a closet in a rent-a-room from a company called HQ. All I have to say to you and his attorney, BRING IT ON! Private Reply to martin arellano | | May 02, 2006 1:53 pm | | Address for Equitex | # |
V Noel | | Can anyone tell me where Equitex is currently located. I have the old address at 590 Madison Ave., but it is no longer there. I am trying to collect on a lawsuit I won against him. You can contact me at deavor@sprynet.com.
Thank you,
VNJ
Private Reply to V Noel | | May 03, 2006 1:48 am | | re: Address for Equitex | # |
Jonathan Marcus | | I never met him in his offices. My understanding is that the 590 Madison address was just a ready-made office on a month-to-month lease and that he's been out of that location for quite some time. Private Reply to Jonathan Marcus | | May 12, 2006 9:15 pm | | re: Address for Equitex | # |
Kevin Quinn | | How about his home in Locust Valley, NY? Private Reply to Kevin Quinn | | May 15, 2006 1:17 pm | | re: re: Address for Equitex | # |
Jonathan Marcus | | rumor has it was sold in divorce Private Reply to Jonathan Marcus | | May 25, 2006 1:39 pm | | re: re: re: Address for Equitex | # |
Kevin Quinn | | He never owned the house, just rented. However, you may be able to track him down from there. Private Reply to Kevin Quinn | | May 26, 2006 3:52 am | | re: re: re: re: Address for Equitex | # |
Shreeparvati Taravath | | Hi Everyone:
I am looking for a medical transcription contract. Does anyone know how to go about it? Please help.
Thank you.
ShreePrivate Reply to Shreeparvati Taravath | | Jun 21, 2006 10:24 pm | | re: re: re: re: Address for Equitex answers to all these allegations | # |
harold morris | | 1. My relationship to Equitex is that I am a consultant and bring transactions to them. Successfully I might add.
2. I do not respond to a 5 month old meesage here because this is proibably the last site I go to. It is of that little importance to me and way too low on the totem pole.
3. Whatever response, legally or otherwise, to these things is private information.
4. For what it is worth, Equitex has all at once occupied several of the offices in the space they are located. I would classify none of them as a "closet". They have spent several years there, I would not call that a small period of time.
5. Mr. Quinn always had the option of calling Mr. Capolongo at any time. He never has. The option is still open. Mr. Quinn was a salesman for Deluxe Check Printers with a degree in Phys Ed, I guess that qualifies him as an investment banker. Mr. Quinn has never done any business with Equitex at any time.
6. Dale Kurshner was repaid the $7,500 due diligence fee he paid. He owns a small regional Private Equity magazine and the deal was unable to be done because the company did not fit the criteria of Equitex. He has no cause for any action.
7. Martin Arellano was also repaid almost all of his due diligence fee, there is a small amount remaining. He owns a company that makes a specialized beverage machine. It also did not fit the criteria. Period.
It is hard to fund start ups, you all know that. I have placed a number of them through EVG and if they hit the criteria marks, they got money. I have also spent a large number of years rasing capital for companies, it is never guaranteed and it is always a crap shoot. I suspect most of these companies are acting this way because they did not get the funding for their deal. I suspect Mr. Capolongo has become a veritable punching bag for companies that no one else would fund and that he tried to do something for. I have advised him to steer away from these things in the future, these type of companies are a no-win situation.
I have also seen companies pay a much larger amount of fees, front and back end, get back no effort and either not get the money or get terms so unreasonable that the deal was impossible. Anyone try those reverse mergers? Or the small IPO's in the 80's? I wish my only loss was $7,500 in those days, it was much much more.
Mr. Marcus, call Mr. Capolongo if you wish to just receive the settlement value of $7,500. Which is what your case is all about.
I will continue to bring deals to EVG. You all should take up tennis.
Harold Morris Private Reply to harold morris | | Jun 21, 2006 10:28 pm | | Philip Capolongo - Equitex Venture Group | # |
harold morris | | 1. My relationship to Equitex is that I am a consultant and bring transactions to them. Successfully I might add.
2. I do not respond to a 5 month old meesage here because this is proibably the last site I go to. It is of that little importance to me and way too low on the totem pole.
3. Whatever response, legally or otherwise, to these things is private information.
4. For what it is worth, Equitex has all at once occupied several of the offices in the space they are located. I would classify none of them as a "closet". They have spent several years there, I would not call that a small period of time.
5. Mr. Quinn always had the option of calling Mr. Capolongo at any time. He never has. The option is still open. Mr. Quinn was a salesman for Deluxe Check Printers with a degree in Phys Ed, I guess that qualifies him as an investment banker. Mr. Quinn has never done any business with Equitex at any time.
6. Dale Kurshner was repaid the $7,500 due diligence fee he paid. He owns a small regional Private Equity magazine and the deal was unable to be done because the company did not fit the criteria of Equitex. He has no cause for any action.
7. Martin Arellano was also repaid almost all of his due diligence fee, there is a small amount remaining. He owns a company that makes a specialized beverage machine. It also did not fit the criteria. Period.
It is hard to fund start ups, you all know that. I have placed a number of them through EVG and if they hit the criteria marks, they got money. I have also spent a large number of years rasing capital for companies, it is never guaranteed and it is always a crap shoot. I suspect most of these companies are acting this way because they did not get the funding for their deal. I suspect Mr. Capolongo has become a veritable punching bag for companies that no one else would fund and that he tried to do something for. I have advised him to steer away from these things in the future, these type of companies are a no-win situation.
I have also seen companies pay a much larger amount of fees, front and back end, get back no effort and either not get the money or get terms so unreasonable that the deal was impossible. Anyone try those reverse mergers? Or the small IPO's in the 80's? I wish my only loss was $7,500 in those days, it was much much more.
Mr. Marcus, call Mr. Capolongo if you wish to just receive the settlement value of $7,500. Which is what your case is all about.
I will continue to bring deals to EVG. You all should take up tennis.
Harold Morris Private Reply to harold morris | | Jun 21, 2006 10:30 pm | | Anyone Encounter Equitex Venture Group? - Philip Capolongo | # |
harold morris | | 1. My relationship to Equitex is that I am a consultant and bring transactions to them. Successfully I might add.
2. I do not respond to a 5 month old meesage here because this is proibably the last site I go to. It is of that little importance to me and way too low on the totem pole.
3. Whatever response, legally or otherwise, to these things is private information.
4. For what it is worth, Equitex has all at once occupied several of the offices in the space they are located. I would classify none of them as a "closet". They have spent several years there, I would not call that a small period of time.
5. Mr. Quinn always had the option of calling Mr. Capolongo at any time. He never has. The option is still open. Mr. Quinn was a salesman for Deluxe Check Printers with a degree in Phys Ed, I guess that qualifies him as an investment banker. Mr. Quinn has never done any business with Equitex at any time.
6. Dale Kurshner was repaid the $7,500 due diligence fee he paid. He owns a small regional Private Equity magazine and the deal was unable to be done because the company did not fit the criteria of Equitex. He has no cause for any action.
7. Martin Arellano was also repaid almost all of his due diligence fee, there is a small amount remaining. He owns a company that makes a specialized beverage machine. It also did not fit the criteria. Period.
It is hard to fund start ups, you all know that. I have placed a number of them through EVG and if they hit the criteria marks, they got money. I have also spent a large number of years rasing capital for companies, it is never guaranteed and it is always a crap shoot. I suspect most of these companies are acting this way because they did not get the funding for their deal. I suspect Mr. Capolongo has become a veritable punching bag for companies that no one else would fund and that he tried to do something for. I have advised him to steer away from these things in the future, these type of companies are a no-win situation.
I have also seen companies pay a much larger amount of fees, front and back end, get back no effort and either not get the money or get terms so unreasonable that the deal was impossible. Anyone try those reverse mergers? Or the small IPO's in the 80's? I wish my only loss was $7,500 in those days, it was much much more.
Mr. Marcus, call Mr. Capolongo if you wish to just receive the settlement value of $7,500. Which is what your case is all about.
I will continue to bring deals to EVG. You all should take up tennis.
Harold Morris Private Reply to harold morris | | Jun 21, 2006 10:50 pm | | re: re: re: re: re: Address for Equitex answers to all these allegations | # |
>> Barry Caplan - Start Your Future Today | | >Mr. Marcus, call Mr. Capolongo if you wish to just receive the settlement value of $7,500. Which is what your case is all about.
I will call - I have no dog in this fight. What is the contact info?
Best,
BarryPrivate Reply to >> Barry Caplan - Start Your Future Today | | Jun 22, 2006 12:11 am | | re: re: re: re: re: re: Address for Equitex answers to all these allegations | # |
Jonathan Marcus | | Mr. Capolongo "agreed" with my attorney to refund the full "diligence fee" of $10,000 as a result of no Kroll reports being run on myself or my business partner (a copy was promised to be provided to each of us as proof of expense being incurred by Equitex)and diligence consisting of a 1 hour conversation with my attorney. I do not in any way suggest that start up funding is easy to come by. But the emails I have from Capalongo suggest very clearly that his "Board of Directors" cleared my startup for funding. It was a scam from the start. And the refunded check he sent me the first time around (for the wrong amount, mind you), bounced.
Why should I have to call him to collect? He knows full well what he owes and where he can send a certified check.
Barry, if you are serious about calling him the last numbers I have for him are his office 212-521-4338 (this was at the service office which I understand he vacated a long while back) and mobile 516-633-3612. I'd be happy to share with you the details of my interaction with Equitex as backgrounder for you.
Best,
Jonathan Private Reply to Jonathan Marcus | | Jun 22, 2006 12:30 am | | re: re: re: re: re: re: re: Address for Equitex answers to all these allegations | # |
>> Barry Caplan - Start Your Future Today | | Jonathan -
Like I said, I have no dog in this fight - I'd prefer if Mr. Morris felt that way too...their seems to be enough of a disagreem ent that I'd liek to find out for myself regarding this funding source. If he is legit, I am sure I can send lots his way. If not, well, it won't affext him if I don't send people there because I am not doing so now.
Best,
BarryPrivate Reply to >> Barry Caplan - Start Your Future Today | | Jun 22, 2006 3:02 pm | | re: re: re: re: re: re: re: re: Address for Equitex answers to all these allegations | # |
harold morris | | Last notes to these responses.
I visited with Mr. Capolongo at his offices yesterday. He is very much alive and available and in the same place. With regard to Mr. Marcus. Payment to Mr. Marcus will go to Mr. Marcus attorney from Mr. Capolongo's attorney.
With regard to any other transactions, Equitex has a strict criteria, especially after all of this with these very early stage companies. Contact them directly, or email them if you wish. I know their plate is full.
Finally. I have no axe to grind no dog in the hunt or whatever. I have known Mr. Capolongo for a very long time and have come to understand his work ethic and his perserverance directly. It is not easy to establish a money source, go and try it if you think you can. He went through the tough early stages and battled to do some interesting and unique things. In this muddled financial world, that is all you need to count on and to see.
I will gladly endorse him and I will gladly remain his associate and friend for a long long time. He does not owe any excuses to anyone and has stood tall throughout the time I know him.
As I said yesterday you all should take up tennis, or knitting.
Harold Morris Private Reply to harold morris | | Jun 23, 2006 2:06 pm | | re: re: re: re: re: re: re: re: re: Address for Equitex answers to all these allegations | # |
Jonathan Marcus | | I'll check with my attorney in a week, but as it's already been well over 2 years, you'll understand why I'm not holding my breath.
Private Reply to Jonathan Marcus | | Jun 23, 2006 4:50 pm | | re: re: re: re: re: re: re: re: re: re: Address for Equitex answers to all these allegations | # |
boss | | wow 2004 June till date - its still active,,, let me add my inputs tom. Private Reply to boss | | Aug 03, 2006 4:16 pm | | re: re: re: re: re: re: re: re: re: re: re: Address for Equitex answers to all these allegationsI ha | # |
Mark Cullen | | I have had a ongoing issue wit Phil. Paid the fees paid for due dilligence. Waited waited lots of promises. Went to NY. Had checks sent from Equitex Bounce Suid in civil court won greater than 20 million and have seen nothing.
Wasted lots of time lost a business and he has no money apparently by the court. Free to look it up n New York Court. Also a fraud charge and a Ricko chargePrivate Reply to Mark Cullen | | Aug 03, 2006 6:54 pm | | re: re: re: re: re: re: re: re: re: re: re: re: Address for Equitex answers to all these allegations | # |
Jonathan Marcus | | You and I have had similar experiences. And there are many, many others. Thanks for the info. Can you PM me with the case details? Private Reply to Jonathan Marcus | | Aug 04, 2006 1:30 am | | Phil Capolongo Con Man | # |
Kevin Quinn | | Well, sorry to hear about your loss, Marc...and everyone for that matter. He'll be wearing his old orange State Issued jumpsuit again very soon.
By the way, I hope all of you realize who Harold Morris IS...I'll give you 3 guesses and the first 2 don't count. YUP, you've been emailing THE DEAMON himself. Just another example of his fraud and duplicity.
One of Capolongo's favorite expressions is "a leopard never changes his spots". I wish I had found this website earlier so that I could have prevented so many of you from losing money in his cons and deceipt. My apologies.
His entire family not only detests him but is totally embarassed by what has been unleashed on the world.
For the record...he's probably funding his 15th company! That's a number we haven't seen yet. LOL
Kevin Private Reply to Kevin Quinn | | |
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