Newport Oil Corp
Misuse of funds for Research & Development

The organization was displayed in my experience by among the investing companions as a means for my spouse and that I to get. After studying and reveiwing the Recomplletion Task statement and examining to verify it had been an running comapny, we offered cash towards the consultant, Daniel Gleichowski, to purchase the corporation. We asked why we obtained no confirmation the resources were committed to R&N simply to be informed he (Daniel) had that lined. After two inspections on results in the expense shipped from Danielis individual checking account and never Newport Gas consideration, we started to issue Daniel on why these werenot arriving our titles. Today after some "side-stepping" from Daniel and calling Newport Gas - we discover Daniel employed our cash, with approval of who owns Newport (from what Daniel stated), to pay for his individual expenses and individual tax responsibilities. We've approached Daniel to come back all our cash and he is informing us that he cannot since itis all removed. Your cash was utilized to pay for forward on his individual home and individual costs without actually allowing us understand.

Company: Newport Oil Corp
Country: USA
State: Florida
City: Clearwater

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