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Mesquite, TX. September, 10, 2014. Colt Ledger & Associates, Inc. has just completed an exhaustive investigation into the oil and gas drilling programs of AmeraTex Energy, Inc. of Mesquite, Texas. The results of that investigation have been compiled into a “Research Report” backed by apparently irrefutable facts that will lay the foundation for the complaints being filed with the SEC, FBI, USPS, IRS, USSS multiple State Securities, and prosecutorial agencies.
AmeraTex has over 70 separate allegations filed against them, including but not limited to selling unregistered securities, general solicitation, elder fraud, wire fraud, money laundering, mail fraud, and interstate commerce fraud.
Colt Ledger’s reports found that AmeraTex Energy, Inc. appeared to have knowingly taken in investments through deception for project(s) they allegedly grossly overcharged for and failed to refund the overpayment, thus unjustly enriching their company.
The investigation revealed that AmeraTex Energy, Inc. appears, according to the authorities, to have violated U.S. Codes §1341: Frauds and Swindles and §2326: Enhanced Penalties for targeting a person over the age of 55, leaving them also open to §2327: Mandatory Restitution. By definition, elder fraud is an act targeting older adults in which attempts are made to deceive with promises of goods, services, or financial benefits that do not exist, were never intended to be provided, or were misrepresented. Financial exploitation is the illegal or improper use of an older adult's funds or property.
AmeraTex appears to have knowingly and willfully violated basic securities regulations that possibly led to criminal activity. Clients have provided Colt Ledger and Associates, Inc. with sworn affidavits stating that they were made promises by AmeraTex, and in turn, invested their money only to see little or no money in return. AmeraTex appears to have fraudulently taken almost $450, 000 combined from five of Colt Ledger & Associates Inc. clients. AmeraTex also contributed heavily to the investigation by providing their offering materials and documents.
Colt Ledger & Associates has filed the complaints with the proper authorities, in which they will now handle the cases accordingly. The public is reminded that a complaint only contains allegations and is not evidence of guilt. Everyone is presumed innocent unless and until proven guilty.
Anyone having experience with AmeraTex, pro or con, is urged to contact Colt Ledger & Associates, Inc.
The complaint has been investigated and resolved to the customer’s satisfaction.
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I invested $250, 000 in Bluegrass JV with Tom Lewis as general Partner. He is, in my opinion, totally corrupt, and made little effort to make Bluegrass successful. Does anyone know where to sue him?
I also invested smaller amounts in Ameritex's Mid South and South Fork II and again Tom Lewis, Billy Cooper, and others, in my opinion, were totally corrupt from day one after they received my money. Where can I sue Ameritex and the State of Texas for allowing them to sell oil & gas partnerships.
Jim Wilson
Filing a civil lawsuit in Texas may be a bigger scam than the oil and gas scams that Texas Securities and the Texas Legislature provide a safe haven from which to operate. Between the Homestead Exemption Act and the most incredible "asset protection laws" in the country, a judgment is nothing but legal toilet paper. Sounds like you were involved in Tom Lewis' "alleged" Kentucky oil scams. It appears he took his expertise, of never drilling a successful well in Texas and duplicated it in Kentucky. Contact me for more details regarding Tom Lewis. Colt Ledger
Dr. H.C. “Blue” Hill, Executive VP/Senior Partner, of M. R. Cox, Inc., is a graduate of Kirby High School, Woodville, Texas; Southeastern Louisiana University with a B.S. in Agribusiness: Louisiana State University with a M.S. in Soil Chemistry, a M.S. in Phytopathology and a PhD in Entomology. He also holds numerous other advanced degrees in various fields. Blue’s work ethic and tenacity to see things through are a result of his parents’ influence and being reared in rural Southeast Texas. He served his country during the Vietnam War and returned home to attend college on the GI Bill. He finished his degreed programs through academic scholarships in record time while maintaining a 3.7 GPA.
He has traveled, worked, and lived all over the world as a Project coordinator, Manager and Consultant to individual mega-farmers, commercial farmers and foreign governments on agribusiness enterprises. He has served as an expert witness in agriculturally related deaths. He has written many published articles on a wide range of subjects. He and his wife, Dr. Patricia Hill, have also traveled extensively, conducting seminars on Family and Life Skills. Blue’s Sales Training Seminars and his Motivational and Life Skills Workshops have always been well attended.
Blue has recently completed 20+ years of managing single and multiple franchised automobile dealerships. Overseeing and directing the day-to-day operations of multi-million dollar inventories and customer driven service facilities has given Blue a tremendous insight into what it takes to build a successful business. He has been the consummate professional, attending several hundred hours of business, sales, management, creative thinking and writing, business and employment law, and negotiating seminars presented by the top experts in the field, at his own expense.
Blue’s exposure to the oil and gas industry dates back to January 10, 1901 on a knoll outside Beaumont, Texas. His Grandfather, Ezra Estes Bellar, a Cajun, was a young roughneck, working with Anthony Lucas drilling the well that would create Gulf Oil, Amoco, and Exxon. That knoll was called Spindletop. Blue’s Grandfather and uncles went on to become involved in every aspect of the emerging oil and gas industry of Southeast Texas an Southwest Louisiana. All male members of the immediate and extended family worked in these oil and gas fields. The down turns and the wildcat nature of the business took its toll. The “bust” of the 1980’s ended the family’s endeavor. Their last well stopped pumping in the mid 1990’s.
Blue and Patricia moved from Atlanta, Georgia to a 200+ acre farm in South Central Kentucky in 2004. They met Marty Lile that year and the oil and gas flame was reignited. Blue became heavily involved in working with investors on drilling projects in the Appalachian Basin. He also pursued and increased his personal investments in lease plays in Texas.
By early 2006, through his own personal success, it became apparent that the oil and gas lease plays in Texas, Louisiana and Oklahoma offered his clients better opportunities for profit. He and Marty Lile joined forces and launched M.R. Cox, Inc. with a common goal of offering investors more lucrative investment options, maximum tax advantages and an open door policy. Thus the Mission Statement: “M.R. Cox, Inc. offering investors the advantages of a Direct Participation investment with the transparency of a public held company.”
Blue is an avid gardener and family man who spends his leisure time with his wife on their farm with their menagerie of rescued animals. They do have an extensive collection of photos which they will readily share of their two daughters, tow son-in-laws and five grandchildren that they visit often.
Agree. My experience with Tom Lewis and Billy Cooper of Ameratex is a carbon copy of everyone else's. I invested $151, 000 in 2013 on the SMYTH & Aaron projects. Have not seen one cent back on my investment let alone any profit. I'm quite certain I've been scammed as they no longer answer their phones or contact me.