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Pay Half Club review: Unethical behavior 4

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5:48 pm EDT
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September 15th to date, they have been trying to launch a tech company aimed at restaurants all over the country. They claim to have raised millions of dollars from investors. Sadly the CEO, Joshua Spivey, wrote nearly $8000 of bad checks while in the military AND was banned by the SEC for fraudulent securities violations. Would you trust your money with these folks? Check these out:

https://www.sec.gov/litigation/admin/2014/34-71943.pdf

http://www.stripes.com/news/airman-gets-10-months-reduction-in-rank-for-bouncing-checks-1.26186

4 comments
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Chris Maxson
, US
Aug 11, 2017 11:29 am EDT

Overall the company was a complete let down. I was an investor restaurant and I got absolutely hosed in this venture. No follow through and no future. Lost 100% of my initial investment. With no hope of collecting any of it back. I would venture to say that anyone connected to this business should be arrested and put in prison for fraud. I hope someday to run into Tommy Lambright or anyone form his team while out hunting... I just might bag a winner!

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Enahs siannog
, US
Jun 06, 2016 5:49 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

This company had potential, unfortunately they ran this concept like a lemon aid stand! Idiots!

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Shane1968
, US
Jan 21, 2016 9:32 am EST

I personally know Josh Spivey and he is as honest as they get. As an investor, I'm very confident in this program and the value that it provides to both the consumer and the establishments. Eventually this will surely be a great success!

Have a great day!
Shane

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EmilyInTheBiz
, US
Oct 16, 2015 6:05 am EDT

This is untrue. The Josh Spivey the writer is referring to is NOT the Josh Spivey from Pay Half Club. This was written by a person who worked with the company for less than two weeks and was very upset when she was caught lying and dismissed from her position. Truly unfortunate that someone has nothing better to do than cause problems where solutions are being found.