I have been SCAMMED by the Directors of SKYShades, a Brisbane, (Australia) and Orlando, Florida (USA) based business, headed by a leading Brisbane Broncos Rugby League identity and an Australian golfing legend, specialising in shade structures and a new OPV solar product, that was going to change the world forever.
I was introduced to a 'convertible note' investment opportunity (in early 2009) to the SKYShades SCAM with a 10% interest return that was never paid. There are doubts as to the authenticity of the 'prospectus' they issued with a proposed IPO in 2010, that never eventuated.
The USA based companies were placed in Chapter 7, US Bankruptcy in 2011, which included my 'convertible note' investment and those of many others, reported to be in excess of $40million.
The SKYShades Australia based companies were placed in the hands of the liquidators in 2012. All were $2 companies with no realisable assets. Directors never invested their own funds and relied on 'sucker' mums and dads investors, like me.
Corporate watchdogs have failed to act and stop the ongoing SCAM.
Surprise, surprise, now they have risen from the ashes of these failed companies at the expense of shareholders and investors and are seeking new investors to their latest SCAM and continue to trade from their Brisbane headquarters as SKYShades: www.skyshades.com.au
After my experience and substantial loss, I recommend you STAY WELL AWAY from this SCAM!!!