BBB Reliability Report for
PointNet


This is not a BBB accredited business.


BBB issues Reliability Reports on all businesses, whether or not they are BBB accredited. If a business is a BBB Accredited Business, it is stated in this report.

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Reported on Tuesday, February 9, 2010 8:57 PM

BBB Accreditation

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This business has not been accredited by BBB.

Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.

To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB Rating

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Based on BBB files, this business has a BBB Rating of B+

Click here for an explanation of BBB Ratings.

    Reasons for this rating include:
  • Length of time business has been operating

Business Contact and Profile

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Name:
PointNet
Phone:
(301) 483-4140
Address:
14900 Sweitzer Lane, Laurel, MD 20707
      Google map  Mapquest map  Yahoo map
Business Category:
Marketing Programs & Services, Advertising Specialties
eMail:
BBB file opened:
May 17, 2006
Business started:
June 2005
Primary Contact:
Mr Robert Williams (President)
Complaint Contact:
Mr Robert Williams (President)

Customer Complaint History

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The BBB has processed no customer complaints on this company in its three-year reporting period.

Government Actions

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Maryland Securities Division - Summary Order to Cease and Desist

On August 15, 2007 the Securities Division of the Maryland Attorney General's Office issued a Summary Order to Cease and Desist against POS Dream Home, LLC, Metropolitan Grapevine, LLC, CEO Andrew H. Williams and agent Laveda Whitfield, and their officers and directors. The Order requires that the individuals and companies immediately cease violating Maryland's securities laws and halt the operation of an investment program involving promised payment of homeowner's mortgages in five years. The Order requires that operations cease in Maryland until a hearing can be held in this matter.

The Securities Division's Order alleged that POS Dream Home operated an unregistered promissory note investment program under the guise of a mortgage payment plan. The money for the mortgage payments allegedly was generated from investments in Point of Sale cafes, which included ATMs, credit card readers, and other revenue generating devices. As a result of a 2001 enforcement action by the Securities Division, Williams was enjoined and restrained from engaging in the securities business in Maryland. Neither company, its notes or its promoters is registered with the Securities Division as required by Maryland law.

Advertising Review

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The BBB has no information regarding Ad Reviews at this time.

Additional Information

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Pointnet, formerly known as Billboards4ATMs, is one of the Metropolitan Grapevine, LLC companies.

As a matter of policy, the BBB does not endorse any product, service or business.

BBB Reliability Reports are provided solely to assist you in exercising your own best judgment. Information in this BBB Reliability Report is believed reliable, but not guaranteed as to accuracy.

BBB Reliability Reports generally cover a three-year reporting period. BBB Reliability Reports are subject to change at any time.

If you choose to do business with this business, please let the business know that you contacted the BBB for a BBB Reliability Report.

ID: 124301930
Report as of: 2/9/2010 8:57 PM

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