Investors Beware | Jeremy P. Feakins raises millions of dollars using bogus credentials listing numerous companies and entities, none of which have been successful. Most are out of business with virtually no postive revenue. One of these companies, Medical Technology Inc., after being unsuccessful in marketing its products, licensed its technology to Lenscrafters, a major eye glasses producer. When Lenscrafters failed in marketing the medical product, Feakins sued and, rather than distribute the settlement to its shareholders, kept the proceeds for himself ($9,000,000 after legal fees). | His latest venture, Ocean Thermal Energy Corp. has lost millions of dollars of investor money and is no longer a public company. He is using Ocean Thermal Technology, which is almost out of cash, to merge into Tetridyn Solutions, a public company to raise further funds from investors and caused a 1:250 share reverse split giving him 98% of the shares and virtually wiping out existing shareholders.
- Name: Ocean Thermal Energy Corporation
- Country: United States
- State: Pennsylvania
- City: Lancaster
- Address: 800 South Queen Street
- Phone: 717 299 1344
- Website: otecorporation.com/