Joe Rubin of funding post.com contacted me via email and said I had 3 days left to place an advertisement in a magazine that was going to be distributed to 400 venture capital companies across the USA. I consulted with my partner and we spent $125.00. We also requested Joe to send us a copy of the advertisement and possibly a copy of the magazine. We never heard from him again.
We were looking for money for an oil company we had started. We had already raised almost $50,000.00 through private investors and performed a seismic study and paid Geophysicists to do the related geological reports. We at this point needed capital to launch the drilling phase of our oil business.
We have since run an advertisement in the Wall Street Journal and we received about 30 phone calls for the same advertisement. We didn't receive one call from Joe Rubin's company nor a copy of anything showing our advertisement had even been printed in his magazine.
Meanwhile, our debit card was debited and our bank statement verifyied the money was taken by his company.
I've called him and sent an email asking about this and have heard no response.
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