Jalin Realty Capital Advisors, LLC / False hope funding and possibly Fraudulent You Decide
The below is information, as the NCND allows, on the strange and possibly Fraudulent business practices of;
1) Jalin Realty Capital Advisors, LLC (registered by Rythm Stone Media Group LLC)
2) C David Manns of Jalin Realty Capital Advisors, LLC
3) Anthony Bryd Vice President/General Manager of WWRD-TV Dayton Ohio, Owner of Rythm Stone Media Group LLC, Owner of Jalin Realty Capital Advisors LLC
This will include the connections to other companies and Broker/Dealers that vouched for them. Such as Richard Cooper of Cooper Consulting Group and Danielle Vareltzis of Danrik Group.
To verify the above information go to the link, search for both Company names, and view the documents to see the registrant.
The link below will provide the number to call and verify Anthony Bryd’s position with WWRD-TV. Also included is the contact page for Rythm Stone Media Group.
On 07-29-2010, A Better Wireless, NISP, LLC (ABW) executed a loan commitment with Jalin Realty Capital Advisors, LLC (JRCA). Our funding was to begin no later than 08-30-2010. This was to begin tranches, totaling over $50, 000, 000.00, and completing the total funding within 60 days of the closing date.
On 07-30-2010, the required “Commitment Fee” (in excess of $36, 000.00) was wired to JRCA on ABW’s behalf from a third party and verified that JRCA received these funds. ABW has legal obligation to repay these funds to the third party.
On 08-05-2010, a Non Circumvention/Non Disclosure (NCND) was executed between ABW and JRCA.
On or about 10-15-2010, ABW began to demand documents from C David Manns to prove the performance, by JRCA, on the executed loan commitment (Allowed in the NCND section II paragraph 2). This was after confirming, through a third party, that an escrow account was never opened nor funded on behalf of ABW for the amount identified in the loan commitment. This amount identified as a “Collateral Fee”is in excess of $1, 500, 000.00 ($1.5 mil).
On or about 10-23-2010, ABW contacted Anthony Bryd (Vice President of WWRD TV) at WWRD TV in Dayton Ohio. The listed registrant of JRCA to try and find out from a principal what was happening with our funding. ABW resorted to the TV Station after trying all numbers listed for JRCA and C David Manns. Mr. Bryd stated he would have someone contact ABW.
On 10-25-2010, ABW received an email from C David Manns of his intention to rescind our verbal agreement and legal counsel will follow up with the official Notice to Rescind.
On 10-26-2010, ABW received an email, from C David Manns with a PDF attachment identified as Notice of Non Renewal. Later in the day ABW received another email from Danielle Vareltzis (DanRik Group), a portion copied below regarding the “Commitment Fee”, that stated
The attorney's our taking care of the paper work and will
get it out to Better Wireless when completed.
11-01-2010, To date ABW has received no documents nor disposition of the “Commitment Fee”
11-16-2010, To Date ABW has received no documents nor what has happened to our “Commitment Fee”.
11-16-2010, Email Demand Notice
Mr. Manns and Mr. Bryd,
JRCA has 72 hours, by end of business 11-19-2010 CST, (NCND notification time) to;
A) Issue binding loan documents and fund ABW, as per current
executed loan commitment.
B) Refund the “Commitment Fee” to ABW’s account
If this is not completed within that time frame we will release ALL
documents and information we have received to the authorities.
Beginning with the SEC (for MN, OH, PA, and TX), FBI, FCC, MN State Police,
MN Attorney General, and Ferguson Law Group (the escrow group).
I have contacted Bank A Fraud and Bank B Fraud and have begun the
complaints against JRCA and Brightway and shall complete the complaints
upon the expiration of the 72 hours by providing all documents
I await your response