Gravity Collections, Inc.

We bought Gravity stock from Mr. [redacted] and in 2007 was promised great rewards. As of this date, Feb. 14th 2014 we have not heard anything from them.This company is a scam, won't take phone calls and have only received 1 Annual report in 8 years. I invested $40,000 with this company and to date have not received a penny in divendents or any other information on the company. Mr. [redacted] is a scam artist with many police complaints against him. He changes location so nobody can locate him. In Denver, CO operating I hear from other investors. We have turned in to the FBI but they need much more information which I am putting together for a March meeting with them. Watch yourself around this thief.Desired SettlementMy $40,000 back or what he promised.

Gravity Collection collected $4,000.00 for shares and never paid us our profit promised. No contact. Other family involved also. He is a thief.They sold us shares collected $4000.00 bank check and then we were issued certificates.Time came for pay out and they had so many excuses. Never happened could not get in contact with them.Desired SettlementRefund my investment of $4000.00Business Response Gravity Collection Inc., is a privately held Company. As such, the Company does not have publically traded stock, nor the obligation to issue a dividend, stock bonus, redemption, or buy-back to its shareholders.In this matter, the Company never solicited these individuals to invest into the privately held stock of the Company. Moreover, any investment by these individuals was done freely, as they signed very detailed Subscription Agreements and Accredited Investor Statements, which in-fact detailed and outlined any risk involved. Specifically, Paragraph 7 outlines in the Subscription Agreement they are in-fact accredited investors, fully acknowledged the risk, had reviewed all materials and are/were freely and voluntarily investing, and were able to withstand any risk of loss, even though there has not been one, as will be detailed below.Regarding the other statement of non-communication, the Company has issued Annual Reports, the last one being over 78 pages and prepared by an outside 3rd party for accuracy. The Company also maintains an Investor Relations Department, which answer emails within 48 hours, not only to investors, but outside 3rd parties. A review of ALL incoming email from these individuals was not found in well over a year. The last emails received was an inquiry as to whether they could sell stock to buy a boat, and then a camper/motor-coach. This is NOT a decision for the Company to acknowledge as to whether they should. Their stock was unrestricted, giving them the capacity to do the same, if they wished. The Company, as outlined is NOT obligated to offer a redemption or buy-out.As to the Company and the allegation of a payout, the Company was in negotiations with a major media company, which was cancel by the other company, due to its merger and acquisition, and not due to Gravity. As for their stock, in-fact, the individuals above acknowledge receiving the stock subscribed for. The Company has had a recent independent 3rd party valuation, who valued the Company in excess of $268MM globally. At that valuation, their $4000.00, investment is now worth $68,000.00. Further, if they wanted to sell their shares, they are free to do so, as the shares are unrestricted.Lastly, all statements in any memorandum or its associated e-­mail communication may constitute forward-looking statements and are subject to numerous risks and uncertainties, including, but not limited to a lack of adequate capital to enable the Company to execute its business plan or make important business acquisitions in order to grow; the failure to successfully complete the development of new or enhanced products andservices; the lack of market demand for any of theCompany's existing or new products and services;failure to grow the Company's businesses, a decline in revenues and stock price; litigationadversely affecting the Company; failure tooperate profitability; operating losses that mayimpair the Company as a going concern; any actionsby the Company or its affiliates that may haveadverse effects on the Company's financialcondition, operating results or businessperformance; the success of competitive productsand services; other economic factors adverselyaffecting the Company and its markets; seasonalchanges; and other risks detailed from time to time in the Company's filings, or with the U.S. Securities and Exchange Commission. Actual resultsmay differ materially from those expressed in this, or any e-mail or statement. The Company disclaims any obligation to any statements by these individuals in this or any document.Consumer Response (The consumer indicated he/she DID NOT accept the response from the business.)iN THE BEGINING THEY HAD EVEN ISSUED CHECKS TO US BUT USED EXCUSES THAT THEIR INSURANC CO. RAN A WAY WITH THE MONEY. THEY NEVER MAILED US OUR RETURNS ON THE INVESTMENT THEY EMAILED US. SEEMS THEY ALWAYS HAVE SOME LEGAL EXCUSE WE ARE SUPPOSED TO ACCEPT. WHILE THEY HAVE KEPT OUR MONEY AND WE WOULD LIKE OUR RETURN VALUE $68,000.00 SO THEY SAY. [redacted] AND [redacted]