AdvisoryCloud Review

When I first wrote an AdviosryCloud review, the company had recently changed its name from ExecRanks to AdvisoryCloud. Why would a company that had spent time and money building a brand, change that name and run away from that brand? Because according to every legitimate advisory cloud review I ever read, the company is a dumpster fire. When I wrote this my first post on these Bozos, there were only reviews available under the ExecRanks name. Now the AdvisoryCloud reviews are in. AdvisoryCloud Review on Trust Pilot Thomas Stewart 2 reviews (a 1 Star review for AdvisoryCloud and a 5 Star review for Protection Inc) Updated Apr 24, 2019 Title: Do not sign up! Applied to over 25 "open" board positions. Only heard back from one. Otherwise, not even a "no thanks" from any of the others - just stuck in "pending" for six months. Sales team promised me they were communicating with the companies, but I think I talked to a real person twice after the initial screening. I was told I'd be given weekly recommendations for my specific skill set. Never happened. They told me it would be like a concierge service with national reach, but after they started receiving my money and the initial "intake" (which...

Communiclique’s Andy Powers Thinks He’s Tinkerbell

Communiclique (AKA Clique, CliqueAPI) is dead. A judge declared it so (see post). Like the story of Peter Pan, Communiclique was always a fantasy story. Now, that the story has ended, Andy Powers keeps putting out press releases in an attempt to convince potential investors that Communiclique exists and Andy is a businessman instead of a common criminal. Remember that part of Peter Pan where Peter implores anyone who will listen to declare their belief in fairies? That was the only way to bring Tinkerbell to come back to life. Andy Powers thinks he's Tinkerbell and if he keeps asking for applause his company will not die and he will not find himself in Prison. Andy thinks he's a Fairy and he needs an audience to show they believe in fairies. Now before I go on, I want to give a message to Andy Powers children's classmates. I hear that you are teasing his kids mercilessly because of the crimes of the father. I know you kids are reading this. Please lay off. The Powers kids are not guilty of the crimes of the father. In fact, they are innocent victims. Help them don't hurt them. Show that you have compassion. Now...

Communiclique Data Details

Before Communiclique was exposed as a giant Ponzi scheme, the company Andy Powers and Ram Reddy were telling anyone who would listen that it was a Billion Dollar Unicorn. Now we know it is practically worthless. A group of investors recently won a judgment to put the company in receivership. The Bankruptcy lawsuit shed light on the murky details of this company (first story on this dumpster fire company and Andy Powers here) Here are just a few facts recently made public thanks to the bankruptcy proceedings. The Cap Table and how much each investor would have realized if the company exited at a billion dollar valuation. Shareholder Shares Percentage Value Empower LLC/Andy Powers 6,389,000 27.61% $ 276,149,974 Srin Reddy 5,000,000 21.61% $ 216,113,612 Devasena Reddy Irrev Trust 1 2,042,687 8.83% $ 88,290,493 Parva Reddy Family Trust 2 2,042,666 8.83% $ 88,289,586 Parva Reddy Family Trust 1 1,242,750 5.37% $ 53,715,038 Ram Reddy 720,000 3.11% $ 31,120,360 Jason Donahue Trust 526,000 2.27% $ 22,735,152 Kamakshi Radha Reddy 500,000 2.16% $ 21,611,361 Jai Gupta 476,191 2.06% $ 20,582,271 Jason Donahue IRA 400,000 1.73% $ 17,289,089 New Angel Capital LLC 333,334 1.44% $ 14,407,603 Diwakar Nagula 272,728 1.18% $ 11,788,047 Sam Medile 260,000 1.12% $ 11,237,908 Tim Gentry 250,000 1.08% $ 10,805,681 Federal Express Investments 238,096 1.03% $ 10,291,157 Barique Holdings 173,612 0.75% $ 7,503,983 Most Holdings 152,000 0.66% $ 6,569,854 Justin Connor 120,000 0.52% $ 5,186,727 Janardhan Nukalapati 100,000 0.43% $ 4,322,272 Ram Gupta 100,000 0.43% $ 4,322,272 Tim Lee 90,000 0.39% $ 3,890,045 Seetaramayya Nagula 90,000 0.39% $ 3,890,045 Andrew Schwartzman 89,960 0.39% $ 3,888,316 Gemma Medile 80,000 0.35% $ 3,457,818 Stephen Clune 80,000 0.35% $ 3,457,818 Satish Nagula 68,183 0.29% $ 2,947,055 Kishor Nagula 68,183 0.29% $ 2,947,055 Chuckie Reddy 60,000 0.26% $ 2,593,363 John Carleton 55,753 0.24% $ 2,409,796 Shapur Bashar 53,334 0.23% $ 2,305,241 Shankar Ram 50,000 0.22% $ 2,161,136 Robert and Carole Donahue Family Trust 50,000 0.22% $ 2,161,136 Dean Catino 45,000 0.19% $ 1,945,023 Carolyn Lee IRA 43,333 0.19% $ 1,872,970 Ashok Patel 43,000 0.19% $...

Morally Bankrupt Communiclique Declared Financially Bankrupt

This Morning, in a Deleware Court, Communiclique declared financially bankrupt by a judge. Communiclique (AKA Clique & CliqueAPI) CEO, Founder and Board Member, Andy Powers did not show up in court as the judge had ordered. Based on the fraudulent evidence, the judge referred Andy Powers to the US Attorney's office on criminal charges. Game On! Or Game Off! Or where the hell was Andy Powers? Let the Games Begin! In addition, the judge declared Andy Powers, big shot, big-time business guy, master of the universe, financially bankrupt...

DCTech Startup Crime Update

It's that time again for the DCTech Startup Crime Update. Lots of little movement with the Crooks and Criminals of DCTech but not enough to warrant a single subject blog and therefore I'm going to provide a general DCTech Startup Crime Update on multiple happenings around DCTech. DCTech Startup Crime Update -Existing Projects Andy Powers and Communiclique (Clique, CliqueAPI) - Every month that Andy doesn't live rent-free on the federally funded 3 hots and a cot program, costs his investors a ton of evaporating capital including the $35 thousand per month rent on his home (see home and court details).  On Monday 4/29, Andy Power's lawyer showed up just prior to the 4 PM deadline with the data to prove that the company was a legitimate business. The invoices submitted were obviously fraudulent...

Retail Tectonic Shifts and a few Yuks

Retail Tectonic Shifts? Is Mr. Cranky going to talk about what's happening in Germany? No that's Teutonic Shifts.  This is the kind of shirt that takes place when the earth's floating tectonic plates mash together and shake the world. Shit is happening in retail. Some of it good. Most of it bad. In this post, true to form, Mr. Cranky briefly touches on the good but will hammer home the bad effects of retail tectonic shifts. Amazon - Retail Tectonic Shifts Amazon - The Good: Have a stupid idea in your head and search it on Amazon and there it is...

Scam Alert: ExecMagic

Warning! Warning! Warning! ExecMagic is another company, much like AdvisoryCloud, which use to be ExecRanks, prays on people's desire to sit on boards (see AdvisoryCloud post here). It seems like AdvisoryCloud/ExecRanks, ExecMagic monetizes executives hopes and dreams of becoming a board member without much success of that exec obtaining a board seat. A couple of weeks ago, this cockwaffle, Tom Cook from ExecMagic Thomas A Cook II ( Tom) from ExecMagic - Best practices Tuesday, April 16⋅5:00 – 6:00 pm email: cooktom411@gmail.com Description: Attendee: Thomas A Cook II ( Tom) Subject: Best practices‌ Phone: 530 693 4155 Information entered by the customer: I am looking for some coaching on how to do my job better and more efficient. June 6, 2019 Update: I just found out that Tom Cook is a fake name used by multiple salespeople at ExecMagic. Abra Cadabra, Poof, your name is now Thomas A Cook II...

Buckley Law wins Legal Judgement Against Trustify

Another legal judgment against Trustify is added to the pile. The once high-flying, never high-achieving, always unethical DC area startup has crumbled under the weight of hubris and debt. Buckley's award is just another loss in court. This latest judgment is for $245,945 awarded to Trustify's former law firm Buckley LLP.  It sucks for Danny Boice, Jennifer Mellon, and Trustify because no one with the possible exception of El Chapo needs a lawyer more than these crooks and yet most good attornies like to get paid. Legal Judgment Against Trustify $245,945 - Buckley LLP: Trustify's former law firm was awarded a legal judgment against Trustify for 2 years of legal bills. How the hell do you let a shady client rack up $250 thousand in fees and keep servicing them? In someway I want lawyers this stupid that they don't care if you pay them a quarter of million dollars or not and in other ways when I need an attorney, I'd rather hire one with common sense. $263,478 - JBG Smith: Trustify's former landlord awarded a legal judgment against Trustify for back rent $34,708 - Eight Former Employees:  Eight employees sued and won back wages. Here's hoping they can find...

Exec Cranky Rants On AdvisoryCloud Scam (Formerly ExecRanks)

Can we talk about the AdvisoryCloud Scam? Mind if I get Exec Cranky about the AdvisoryCloud Scam? First off what is AdviosryCloud and what is the AdvisoryCloud Scam (There ya go, I think I made enough AdvisoryCloud Scam references to get a good SEO ranking when people google  AdvisoryCloud Scam)? Advisory Cloud is a company that charges people who want a board seat but don't have the reputation, network, and/or credential to qualify to sit on a board, thousands of dollars to sit on their butts, twiddling their non-board advisory thumbs while waiting an eternity to become board members to non-existent companies (That should be their elevator pitch). Their clients are put on a list that is most likely longer than the waiting list of people who signed up five years ago for the LifeFuels Connected IoT Kool-Aid bottle from Jonathon Perrelli. People on either list have a better chance of getting rich by investing in Danny Boice and Jennnifer Mellon's Trustify than they do of ever being interviewed for a board seat or holding a LifeFuels bottle. They would have a better chance of being funded by Jason Feimster. They would have better odds of finding a thoughtful blog post on the...

Anchorage Capital Committed Fiduciary Malfeasance

A private equity company called Anchorage Capital is suing Trustify. They think they were cheated. To my eye, it appears that Anchorage CEO, Lance Ulrich, and junior, master of the universe wannabe, Adam Besvinick cheated Anchorage's limited partners. Anchorage Capital Committed Fiduciary Malfeasance when they invested in a steaming turd called Trustify. If you are a limited partner invested in Anchorage Capital, this tale might just give you pause. In May 2017, Anchorage Capital invested slightly over $4.7 million in the A-round of a little DC-based company called Trustify. Trustify raised just under $7 million in their prior two seed rounds, $1.9 million on October 30, 2015, and $5 million in a second seed round on October 30, 2015. The terms of the A-round bogle the mind. Sources say that a rookie VC, Adam Besnivick, shepherded the deal for Anchorage. Rookie-hood can be the only excuse for the unforced errors of that investment. Let us take stock of all the mistakes made by Anchorage and all the red flags they ignored. Lead Investor Malfeasance - At $4.7 million of a $7 million round. You would think that anyone making such a relative sizeable investment in the first institutional round of a company would...