Guard you wallet folks, the rain maker is coming to town. After hearing about the proposed purchase of the Phillip Morris property by a company called Stargate World Wide, I spent a little time on the Internet trying to get some information on the company and its founder, Terry Keeney.
When I looked at the very nebulous website, I noticed several things that brought up red flags. First of all, in the third paragraph of the home page was this sentence: "Investors seeking a 10-30% or more return are encouraged to contact Stargate World wide." This sounds like one of those too good to be true offers that isn't. In addition, the entire website is vague about it's projects, and at the same time overblown in it's opinion of itself. I encourage everyone to go to the site and carefully read the literature.
I also looked up Terry Keeney on the Internet. For a man proposing a $750,000,000 project, there is remarkably little information on the Internet about him. He has a face book account with limited personal information, he is barely mentioned on a couple of other business networking sites, and there is some buzz about this Phillip Morris venture, which is not even off the ground, and a few mentions of a racetrack he owns in Georgia. When I Googled Georgia USA Speedway, there was no information I could discern. I'm not sure if it even exists.
It would be a shame if the Phillip Morris property and Cabarrus county became in tangled in a Heritage Village type boondoggle. I hope that everyone involved in this project proceeds very cautiously.
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Sounds very fishy, Mike. Lot of scam artists out there.
ReplyDeleteI think it would be a Major mistake to allow this deal to go through. The majority of the jobs they would create for the movie and music side would probably be minimum wage extras. The electric cars could be anything form matchbox car size to a golf cart designed to look like a car. Too much smoke and mirrors.
ReplyDeleteMickey