Do not use this group! Mr Canaday has brokered several deals over the last few years where clients sent in funds to cover the cost of his issuing an instrument on their behalf. He has claimed to have funders lined up to fund these instruments or take them to a trade platform.
With an extensive background ranging from chemistry to finance, Mr Canaday appears to be more than capable. Until of course your instrument is ready to be funded by any funder or trader. At that time sudden problems come up with blocking codes not being provided and as always, it's not his fault but the other groups!
If you research this company in depth, you'll find he was dealing with Mr Sakli, his partner years ago. Mr Sakli has been indicted for Fraud and is not allowed to have any dealings with financial instruments of any type. At the same time you'll find Mr Canaday himself has multiple charges against him for fraud, some have been settled out of court and others are still pending further investigation.
In Mr Canaday provided a multimillion dollar instrument to us in exchange for 300k dollars. We paid the fee, and he would provide the instrument to the funder at time of funding. His funder flew all the way across the ocean from Europe to do a table top sit down with us. Unfortunately, Mr Canaday was late arriving to the meeting and wanted his agent Mr Bently to handle the transaction for him. We believe now, this was done so his signature would not be on any documentation.
The funder requested the codes be provided but Mr Canaday demanded a change to the contracts that would take several more days. After 30 days of constant delays and false codes being given, the funder dropped our deal and left the table.
Mr Canaday then informed us that we would need to pay more funds to him to continue to deal with the instrument. We paid the fee, found our own funder and during the vetting process, learned that the owner of the instrument was not Alliance Asset but instead another gentleman out of Spain who we were told was actually Mr Canaday's Father in Law... That Steven was merely the asset manager. We were promised the father would allow the instrument to be used and again same process... More delays and problems.
When the SEC became involved, it was determined this instrument was in a POOL of instruments and could not be removed. Further that Mr Canaday and Alliance Asset Management, Inc did not even have the proper authorization nor were they licensed with the SEC to even handle bank securities!
We were informed our money would be returned and that he and his group had a deal they were funding personally on their own instruments and would pay us our fees back from this deal. Years later it's never happened. Litgation is still pending as Mr Canaday keeps vanishing from court.
He also spent time in jail in Arkansas for Fraud. Also easily found on the internet via Google from 2006. Any Jail time immediately rejects your ability to deal with bank securities.
The others listed are his cohorts in his fraud. Mr Cason's name appeared on many documents as CFO and he was never able to perform on Canaday's behalf. Tonja and William are well aware of the fraud and perpetuate it as they receive portions of the funds clients unknowingly submit!
Now Mr Melvyn Williams... This is a friend of his that the name was altered on the company documentation to give Mr Canaday time to let his fraud charges die down over a year.in October, it was changed again to his name.
You can simply go to the Georgia Corporation Commission website and search for the company. Even though he's moved it to Delaware so as to hide the agents involved, he's still not smart enough to realize the old company docs still exist and he's required by law to make alterations as the company changes agents.
You CANNOT trust them! They just recently took over 3 Million from another client who did not vette them before sending it.
So do NOT use Alliance Asset Management, LLC (DE) or Alliance Asset Management Inc out of Georgia for ANY reason! The SEC has been made aware of the issues and the fraud still being committed and is investigating at this time to take action against the agents listed and the players involved.
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