One of the ways we can trace these companies is by looking at the companies they set up and how they are doing it. If they are trying to hide things and stay undercover then it’s normally a massive red flag not to deal with them.
Some of the products are now using Blackfire Global LLC to process the credit cards including the latest product out of the stable, Phytodren.
We took a quick look at Blackfire Global LLC to see what we could find.
First off we visited the Utah.gov website and did a company search:
It seems like Blackfire Global LLC are using the same Proxy lawyer to be the registered agent, BTJD Corporate Services LLC. This seems to be a pattern with all of these companies and is not unusual, but then you have got to ask yourself why? Gadd Formulas was set up in this way, is it the same people behind it all?
So we did a search on the better business bureau site to see what we could find:
No surprise that the guys have an “F” rating, which is the worst possible, and they have only been set up since October 2011!!
Rather interestingly the records at the BB show the following;
Ahha…..our old friend Mr Yoon Kim was the primary contact, now where have we come across him before?
Oh yes, he’s the one featured here on the Gadd Formulas page exposing his dealings with Mr Garrett Devore and friends.
This was a bit tricky as Mr Kim uses a variety of aliases, for whatever reason this may be.
Ok, so Blackfire Global LLC used to have Yoon Kim as the primary contact but they have changed this now:
Hmmm, we are starting to see a pattern here, isn’t this the same setup as Doakes Nutraceuticals?
Xtreme Business Solutions, Inc owns Fitness Prime Management, Inc.
Who Are Xtreme Business Solutions, Inc.?
A quick look on their website tells us all we need to know, they are a company based in Nevada that specialises in setting up Nevada companies for the following reasons:
It’s designed for tax efficiency as well as the following:
What Does All This Mean?
Just ask yourself these questions:
- Why would a diet pills site fail to display their address?
- Why would a diet pills site use Blackfire Global LLC as their payment processor?
- Why would Blackfire Global LLC use a lawyer as the registered agent
- Why would Blackfire Global LLC use Fitness Prime Management as the manager
- Why would Fitness Prime Management use Xtreme Business Solutions, Inc. as the registered agent
- Why would all this be traced back to Nevada where it is possible that:
A Nevada corporation may be formed for the sole purpose of limiting a person’s liability in any lawful business venture”
Officers and directors of a Nevada corporation can be protected from any personal liability for lawful acts of the corporation.
Piercing of the Corporate Veil does not happen in Nevada as it does other states
Question, questions, questions!
One final thought, what do Gadd Formulas LLC, Doakes Nutraceuticals LLC and Blackfire Global LLC all have in common?
Maybe there’s an innocent explanation to all this (answers on a postcard!), we would love to know if there is!