Millennium Capital Quest Corporation / Beware and stay clear
Contracted Millennium Capital Quest Corporation who are financial consultants who specialize in raising capital for companies. Greg Nolan and C.J. Margelot run the company. We contracted them to raise $1, 000, 000.00 capital for our start-up air ambulance business. We paid them $1875.00 up front with the agreement for an additional $1875.00 upon them raising the first $50, 000.00 and then $11, 250.00 when they reached $250, 000.00. Once they got our money it was difficult to ever get them to return calls. They had us clear our schedules several times for conference calls with investors who were "ready to sign" investment agreements but the calls would never come. Millennium finally set us up with one of their 'accredited investment companies named "Comprehensive Business Solutions" aka "CBS" in Texas who issued to us a "Letter of Intent" stating our due diligence was approved and $1, 000, 000.00 would be released on X date after signing an investment contract. Approximately 2 hours before we were to meet and sign, they called backing out. After investigating the investment company, we learned they were scam artist. Millennium stated they were surprised and as an apology and a favour they had one of their partners George Norman offers us a $50, 000.00 loan due in 6 months. He would subtract almost $9, 000.00 off the $50, 000 for legal fees and closing costs. Then we would also have to pay him 3% of our GROSS income for the life of the company, and give him a position on our Board of Directors. What a favour! We refused! Millennium then set us up with another investor named Stuart Taylor of CA who issued us two letters of intent, advised us to use the letters and obtain bridge loans until we completed the investment process. After we did so, he led us along for almost a year with promises of funds being released 'any day now'! Over the past two years of dealing with Greg Nolan, CJ Margelot, and Millennium they have told us many, many times they had investors 'ready to sign' but every time we asked who they were or how to contact them, the deals would always fall through. We have never spoken to one single investor they had other than the two fraud cases mentioned. We have had nothing but lies! The few investment companies names we did manage to get out of them told us they had never spoken to Millennium, let alone heard of us! Do yourself a favour and stay clear! I have now spoken with three other victims who lost thousands of dollars as well.
They also go under a whole slue of other names: Digital IPO, Dag Dollars, E-24-7-365, Horizons International, and VIP Market Group. See all of their websites below.