TO: All B.O.B.S.A. Membership and Friends
FROM: Sam Ennon,
Founder and President of B.O.B.S.A.
As I stated in my letter dated September 2014 entitled “Be
Careful Who You Get Involved With,” at that time we did not name the principals
or the organization. However, in this letter we are naming the principals
and organizations (Devon Bell and Charisse Randolph with Black Wall Street Inc. and
Kemetic Pipeline International), and those of you that
have had experience with this organization or the principals please send me an
email at sam@bobsa.org please note and
protect yourself.
Black Wall Street led me to believe that
they had programs which would fund Black entrepreneur projects. To test
their validity, I put together a program called “Black Box Distribution Inc.”
brand-named “The Black Box Barber Caddy.” We joined their organization in
good faith, and paid a monthly fee of $9.99 a month with the first payment
being $19.99. Their funding program criteria was as follows: a) become a
member of their organization; b) be a member for a minimum of three months; c)
and submit your business plan or business model to them. We have been in this
program for the last nine months. We were approved for $1 million see attached approval letter in a PDF April 2014.
Over the last six months, we have been promised the funding on
numerous occasions. The last correspondence we received from was a letter
of conditions dated September 12, 2014. We signed and sent it back to the
organization. We continued to provide requested follow-up documents
needed to complete the deal. Each time we spoke with them about our
projects, they had another excuse for when the funding would be
available.
We are done dealing with them ¬¬-¬ we have to immediately seek
other resources to try and get funding for this project. I recommend NO
B.O.B.S.A. associates proceed in doing business with this organization in the
future. I will be writing future articles and comments about this
organization, going forward, B.O.B.S.A. has to be more careful about who we
trust and recommend to our membership. Each time this happens, it makes it very
difficult for us fulfill our responsibility to set the standard to “Connect The
Black Dots,” and put our trust in organizations that claim their mission is to
“help the Black Community.”
Let me again apologize to all my Members and Friends for letting
these sharks take advantage of us -- NEVER AGAIN!
Sam Ennon
BOBSA
650-863-3491
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