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Yeah, but what about the issues of credibility and being legit ? Doug's firm is not registered with FINRA. [B] You have proof of their charitable donations then ?

I hear you BUT.... I don't understand why, with all of that money, Doug's got to be renting UPS mail boxes and running a business as a sole proprietorship. I mean, wow, the guy should have an office in Pittsburgh at least something like this...

Well, at 20 million, IF THEY ARE GOOD, then they are at 1 million net per year. NOW THAT'S NICE ! But again, can someone tell me how Doug got that amount of money ? This is sounding like hedge-fund super-bubble stuff ...i.e. they were throwing around money like crazy ! Am I wrong ?

OK, well then I'll back down from the FINRA sanction. But two things: 1) Why did Doug drag this thing thru all of that irrelevant crap like the remote viewing consultant, etc ? 2) that 20% payout is far below that of many prop shops. It doesn't appear to be a great deal. Let's see, at a...

Anyone stepping up to the plate or is everyone chicken-sh*t ? Brach, brach, brach.....

Since Monday is the deadline, I've ascertained the filing fee is $1250....what a rip-off. Of course, what did you expect from a regulatory agency filled with lawyers LOL. However, there is a hardship exclusion which I think we'll claim....we're all hurting for more capital, right ? I think...

This is the address signature on one of his emails: ============================================================ 1151 Freeport Rd. Suite 111 Pittsburgh, PA 15237

Instead of being critical, why don't you do something constructive, like visiting Doug's Pittsburgh office ?

Don't second guess...let the authorities decide.

Complaints are not just for MONETARY issues: Non-Monetary Relief Categories: Specific Performance Requires that the respondents take some kind of action, such as turning over ownership of stock. Injunctive Relief Requires that the respondents refrain from certain actions. Expungement...

No, Doug has 3 days left to contract with one of the traders.

I don't "get it". Isn't Doug reviewing ACTUAL statements and then confirming the balances at least with the brokerage / prop firms ?

That's because the two are ONE IN THE SAME. Only the caption has changed.

One important issue: GET SPECIFICS. 1) how much capital per trader 2) what is the cut for the trader ? 3) what is the performance criteria that will end the relationship (down 20%, down 50%, etc, etc) 4) any monthly costs to be incurred for the trader ? 5) software trading platform ? 6)...

4 more days to go Doug.

Omigosh Surf - I had a friend with a townhouse in the exact same time-frame. He tried selling it from 1993 - 1998 - NO DICE. Couldn't get the price HE PAID originally ! He finally sold in 2000....for a tiny profit. Had he held till 2006, he would have doubled his money !

Something smells in this whole deal, doesn't it ? Hopefully, Surf's report will be the final say in this matter. 5 more days to go Doug.

2) Ask why his FINRA registration is not affiliated with his own Blue Lion Capital Management firm ? 3) Ask what business formation is Blue Lion Capital Management .. Sole Proprietorship, Partnership, ? Certainly does not appear to be an LLC or "C" corp.

Surf - are you sure ? What is the meeting all about ? Doug is lookin not-too-good at this point as you can see. I mean he still has a shot at redemption...albeit a small one.

Paysense - Sorry to say this, but you are delusional...time for a wake-up call in this economy and environment where hedge funds and private money are just dying. My best friends brother in law has just started looking for a job after his small hedge fund just imploded from investor...