With so much varying information out there, and just short of calling the SEC or FBI myself and asking these questions maybe someone of integrity and with some sort of authority can assist on this board. I have to following questions and any clarification or insight would be appreciated.

1. Has anyone dealt with Ross Pacific Trade Corp or Walter Ross offering alternative project funding who charges 80K for an outside "auidt" which is done by a company called WBI out of Utah? Also attached in that transaction is Edmund Wilson with the Fountain Group of Companies of Utah. I know several clients have sent these men audit packages and 80K for the audit and this procedure has been going on since May of 2007, although they have "approvals" in hand for several projects they have not tranched one penny to clients, any insight?

2. Has anyone dealt with AFS (Anointed Financial Services) who is offering the same structure of alternative project finance as the above mentioned but with an internal audit of the project for 5K. The reason I am concerned about this is because they have said they will be funding projects using money they are to receive from a "trading program" that they have been involved in...also have not seen money move and they have been saying they are just "days from being liquid" for over 2 months now.

3. Speaking of PPP, trading programs, or HYIP, I have seen several reports and official gov't docs saying these really don't exist so should I pretty much assume that companies saying they can do project finance with funds they have received from a "buy/sell platform" are a fraud? Are certain forms of this legit?

contact me via email; i will relate experiences with these guys from a third party standpoint

email rtsquared@gmail.com

number 1 is all negative from my side
number 2 the same
number 3 some or legit but not the ones touted through brokerage

thats my opinion, make up your mind yourself

I know the principals in #1 and can state they have refunded accordingly: several projects were not qualifiable following WBI's level of validating.
Some others were refunded for asking.

Also, projects were originally being funded from assets used as "substitution of collateral", since none of the project holders either could or had to qualify credit wise. However, in November 2007, the original asset providers could not sustain their backing any longer and Fountain had their own collateral backing constructed. This collateral is the basis for securing and guaranteeing loan funds from which the project owners can receive funding for their projects.

Process is called a "financial platform" and it appears perfectly legitimate, as the "audit" fees and other related expenses are not "trade based". Nor, does it appear there is any trade or "HYIP" trading conmnected.

Knowitall has some insight in the topic of substitution of collateral platforms. I never entered one, but I have a mortgage banker friend that did. He said the only programs of this type that are successful are ones whereby the platform relies upon collateralization and not trading programs.

Knowitall should make contact. I'd like to know more. Email me at oligarchic454@yahoo.com.