Meissner Goodison Lee & Associates

Meissner Goodison Lee & Associates have been approaching shareholders in the Jade Dragon Group (SRPJ), offering to by seemingly worthless shares for $25 a share, under the guise of a take over. There is also the matter of the 10% up front fee which must be paid in order for the transaction to take place. The takeover does not exist of course, and the likelihood is that you will not see your up front payment again.

The Meissner Goodison Lee & Associates website was registered in Thailand, which is in itself suspicious for a firm that purports to be operating out of New York. Their telephone numbers, whilst registered in New York, are also portable, so could be used anywhere.

In addition, the site was registered for a period of only one year. This is common practice within firms of this kind, which do not anticipate being around in 12 months time. A serious organisation would invest in their own web site for a period longer than 2 years.

It is recommended that you exercise extreme caution if dealing with this firm and carry out a very thorough due diligence if you are considering doing business with them.

There is an ongoing discussion on Meissner Goodison Lee & Associates at the Boiler Rooms UK forum.

There is also a discussion on the merits of the Jade Dragon group at the Boiler Rooms UK forum.