How do I go about investigating this?

[NeetaT]

How do I go about investigating this?

I have attached the website and my e-mail correspondence.

http://www.thunderblaze.com/

Hello:
I would be glad to answer any questions that you have about our investment.
Are there any specific questions that you have?
You asked for “exhibits”, we have no specific exhibits to send out. Was there something in particular that you wanted?
We are located in North County, Carlsbad area.
If you would like me to call you and personally discuss our investment, I would be happy to do so. If so, please give me your telephone number.
Robert
For ThunderBlaze

Hello:
I would be glad to meet with you.
BUT: ThunderBlaze is investor support for Starfire. As such, ThunderBlaze does not have a formal office. Neither ThunderBlaze or Starfire have inventory or employees that work out of an office. Starfire’s 11 full time employees work from home tracking down ordered products.
As explained on the web site, Starfire receives orders from Fortune 500 companies/aerospace/military for products. Starfire then purchases the products or has the products made and has them shipped to the ordering company that then pays Starfire for the products. The investor money is utilized by Starfire to initially purchase the ordered products.
I would be happy to meet you for coffee and explain further the investment opportunities and answer any of your questions.
Let me know when you would like to meet.
Robert
For ThunderBlaze

Hello:
Attached hereto is a copy of the paperwork.
The paperwork is simple, direct and not complicated.
There are two items:
1. Investment agreement (2 pages).
2. Promissory note (2 pages).
If you have any questions, let me know.
When you’re ready to invest, let me know.
Robert
For ThunderBlaze

Personal Loan Agreement
1. You are making a personal loan to Steve V. Bartko, an individual, doing business as “Starfire Technology” and “Starfire Technology Co.” Starfire Technology is borrowing money from you (investor) to utilize as working capital.
2. ThunderBlaze, LLC. is Steve Bartko’s agent authorized to enter into investment agreements and receive and distribute funds for the benefit of Steve Bartko dba Starfire Technology. ThunderBlaze, LLC will be acting as agent for Starfire in receiving and distributing funds for the benefit of Starfire and ThunderBlaze shall provide investor relations.
3. Investment maturity dates are January 1, April 1, July 1 and October 1. Starfire Technology will pay the investor interest at the rate specified in the Promissory Note & Payment Schedule given to the investor at the time of each investment start but not less than 2% per month. Prior to the investment period you will know what the interest rate will be and Starfire Technology will give you a promissory note specifying the interest rate and the terms of the investment.
4. When the investment matures for the 2nd time; you can withdraw your principal and earned interest; withdraw your earned interest and continue your principal investment; or increase or decrease your investment. The Promissory Note & Payment Schedule will specify the start and end of the investment period and the interest rate. At the beginning of each new investment period that you are invested in, Starfire Technology will send you a Promissory Note and an itemization of your account. There is only one investment period at a time. If you want to withdraw your principal and/or interest, all we ask is that you give us 25 days notice prior to the end of the current investment period. You will receive your withdrawal within 25 days of maturity of the current investment period.

5. After you sign the initial Personal Loan Agreement and Promissory Note & Payment Schedule, all future Promissory Notes & Payment Schedules will only be signed by the borrower unless there are changes or modifications to this agreement or unless the interest rate or time period changes from that specified in this agreement. The lender will not need to sign any other documents unless there are changes or modifications to this agreement or to the original Promissory Note & Payment Schedule.

6. Legal Jargon: This is the entire agreement between the parties. It replaces and supersedes any and all oral agreements between the parties, as well as any prior writings. This agreement binds and benefits the heirs, successors and assignees of the parties. All notices must be in writing. A notice may be delivered to a party at the address that follows a party’s signature or to a new address that a party designates in writing. A notice may be delivered: • in person • by certified mail, or • by overnight courier • or in the case of the promissory note specified herein, by e-mail. This agreement will be governed by and construed in accordance with the laws of the State of California and all actions must be brought in California. This agreement may be modified only by a writing signed by the party against whom such modification is sought to be enforced. If one party waives any term or provision of this agreement at any time, that waiver will be effective only for the specific instance and specific purpose for which the waiver was given. If either party fails to exercise or delays exercising any of its rights or remedies under this agreement, that party retains the right to enforce that term or provision at a later time. Either party can cancel this agreement at any time but money will not be transmitted until the end of the current round that your investment is in and/or the terms as specified in the promissory note or herein. Starfire Technology can prepay all of any part of the principal without penalty. The Promissory Note is unsecured. Borrower further promises to pay interest on any principal amount owed after the specified payment due date in the promissory note, at the yearly rate of 7% simple interest. If any court determines that any provision of this agreement is invalid or unenforceable, any invalidity or unenforceability will affect only that provision and will not make any other provision of this agreement invalid or unenforceable and such provision shall be modified, amended or limited only to the extent necessary to render it valid and enforceable. This agreement will be construed to benefit the borrower. If a dispute arises, either party may take the matter to court. Borrower agrees that if any payment provided for in this Note is late, in default, or unpaid for at least 30 days, it would be impracticable or extremely difficult to fix the actual damages resulting to the Payee. Therefore, Borrower agrees to pay the Lender the sum of $500.00 on default, as liquidated damages and not as a penalty, to compensate the Lender for expenses of administering the default. Borrower and Lender agree that if any legal action is necessary to enforce or collect this Note for nonpayment at maturity, the prevailing party will be entitled to reasonable attorneys’ fees in addition to any other relief to which that party may be entitled. This Loan Agreement applies to all future Loan Agreements and Promissory Notes now and in the future unless modified in writing signed by all parties. This agreement is solely between the borrower and the Steve Bartko dba as Starfire Technology.
7. The money invested and loaned is utilized as operating capital by Starfire Technology.
8. If you want to become an investor with Starfire Technology please complete this document. You can invest money at any time. Your interest will be pro-rated and the investment will mature at the end of the investment period that you invest in.
Name: _____________________________________________________________________________

Address: ____________________________________________________________________________

Telephone: Home ______________ Cell ______________Work ______________ Fax ______________

Your E-mail: ___________________________________________

Social Security Number: _______________________________ for 1099 INT or K1.

Initial investment amount: $____________________________

Date: ____________________________________

*Lender (Investor) Signature: ____________________________________________

*Lender (Investor) Signature: ____________________________________________

Borrower:
Investment accepted as a personal loan to Steve Bartko dba Starfire Technology.

_________________________________________
By: Steve Bartko dba Starfire Technology
c/o ThunderBlaze, LLC.
P.O. Box 131061
Carlsbad, CA 92013-1061
(760)377-7015

Promissory Note & Payment Schedule

1. Names

BORROWER:
Steve V. Bartko, an individual, doing business as “Starfire Technology” and Starfire Technology Co.” , sole borrower and obligator.
c/o ThunderBlaze, LLC.
P.O. Box 131061
Carlsbad, CA 92013-1061
(760)377-7015

LENDER:
??????????????????????????

2. Promise to RePay

For value received as Starfire Technology working capital, Borrower promises to pay Lender the amount specified herein per guidelines described below. All repayment requests of principal and/or interest must be made by lender in writing or email no later than 25 days prior to the investment maturity (due date) and will be paid within 25 days after maturity. Borrower further promises to pay interest on any principal amount owed after this specified payment maturity due date at the yearly rate of 7%.
3. Payment Date

Borrower will pay the requested amount of principal and interest on the due dates as stipulated in paragraph #2 and page 3 of this document. Investment maturity dates are January 1, April 1, July 1 and October 1.
4. Prepayment

Borrower may prepay all or any part of the principal without penalty.
5. Security

This is an unsecured note.
6. Collection Costs

If this note is not paid in full when it becomes due, Borrower agrees to pay all collection costs.
7. Entire Agreement

This Promissory Note & Payment Schedule and the Personal Loan Agreement are the entire agreements between the parties. These documents replace and supersede any and all oral agreements between the parties, as well as any prior writings.
8. Successors and Assignees

This agreement binds and benefits the heirs, successors and assignees of the parties.
9. Non-Legal Notices

All non-legal notices must be in writing. A non-legal notice may be delivered to a party at the address that follows a party’s signature or to a new address that a party designates in writing. A non-legal notice may be delivered:
* in person * by certified mail * by overnight courier * By e-mail to [email protected]
* All legal notices must be delivered consistent with California rules and statutes
10. Governing Law

This agreement will be governed by and construed in accordance with the laws of the state of California.
11. Purpose of Loan
To provide working capital for Starfire Technology.
12. Modification

This agreement may be modified only by a writing signed by the party against whom such modification is sought to be enforced.
12. Waiver

If one party waives any term or provision of this agreement at any time, that waiver will be effective only for the specific instance and specific purpose for which the waiver was given. If either party fails to exercise or delays exercising any of its rights or remedies under this agreement, that party retains the right to enforce that term or provision at a later time.
13. Severability

If any court determines that any provision of this agreement is invalid or unenforceable, any invalidity or unenforceability will affect only that provision and will not make any other provision of this agreement invalid or unenforceable and such provision shall be modified, amended or limited only to the extent necessary to render it valid and enforceable.
14. Disputes

If a dispute arises, either party may take the matter to court.
15. Late Charge
Borrower agrees that if any payment provided for in this Note is late, in default, or unpaid for at least 30 days, it would be impracticable or extremely difficult to fix the actual damages resulting to the Payee. Therefore, Borrower agrees to pay the Lender the sum of $500.00 on default, as liquidated damages and not as a penalty, to compensate the Lender for expenses of administering the default.
16. Attorneys’ Fees
Borrower and Lender agree that if any legal action is necessary to enforce or collect this Note for nonpayment at maturity, the prevailing party will be entitled to reasonable attorneys’ fees in addition to any other relief to which that party may be entitled. This provision is applicable to the entire Note.

BORROWER LENDER
Dated: _________________________ Dated: _________________________

__________________________________ _______________________________________________
Steve V. Bartko for Starfire Technology ???????????????????????????????

SAMPLE – PAYMENT SCHEDULE

DUE
START DATE DAYS DEAL # INVEST ROI % PAY #
12-Jun-09 1-Oct-09 111 2009 $ 10,000.00 $ 729.86 7.3%

TOTAL DUE PER SCHEDULE $ 10,729.86

[Coronita]

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[Coronita]

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[Coronita]

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[Coronita]

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[Coronita]

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[Allan from Fallbrook]

So this is a completely unsecured note and the borrower doesn’t have any discernible assets you can encumber in case of a default.

I understand that this is a small amount ($10k), but you have virtually no recourse (that I can tell).

I would be extremely leery of someone borrowing money for a business, but the business has no physical address, no assets, and is working off of a “virtual” business model.

I would demand something in terms of security. If he bails on you, you’ll bear the initial costs of suing him to recover your money and, even after you prevail in court, you’ll have to track him down and enforce the judgment yourself. I’ve done that before and it’s a bitch, believe me.

[Allan from Fallbrook]

So this is a completely unsecured note and the borrower doesn’t have any discernible assets you can encumber in case of a default.

I understand that this is a small amount ($10k), but you have virtually no recourse (that I can tell).

I would be extremely leery of someone borrowing money for a business, but the business has no physical address, no assets, and is working off of a “virtual” business model.

I would demand something in terms of security. If he bails on you, you’ll bear the initial costs of suing him to recover your money and, even after you prevail in court, you’ll have to track him down and enforce the judgment yourself. I’ve done that before and it’s a bitch, believe me.

[Allan from Fallbrook]

So this is a completely unsecured note and the borrower doesn’t have any discernible assets you can encumber in case of a default.

I understand that this is a small amount ($10k), but you have virtually no recourse (that I can tell).

I would be extremely leery of someone borrowing money for a business, but the business has no physical address, no assets, and is working off of a “virtual” business model.

I would demand something in terms of security. If he bails on you, you’ll bear the initial costs of suing him to recover your money and, even after you prevail in court, you’ll have to track him down and enforce the judgment yourself. I’ve done that before and it’s a bitch, believe me.

[Allan from Fallbrook]

So this is a completely unsecured note and the borrower doesn’t have any discernible assets you can encumber in case of a default.

I understand that this is a small amount ($10k), but you have virtually no recourse (that I can tell).

I would be extremely leery of someone borrowing money for a business, but the business has no physical address, no assets, and is working off of a “virtual” business model.

I would demand something in terms of security. If he bails on you, you’ll bear the initial costs of suing him to recover your money and, even after you prevail in court, you’ll have to track him down and enforce the judgment yourself. I’ve done that before and it’s a bitch, believe me.

[Allan from Fallbrook]

So this is a completely unsecured note and the borrower doesn’t have any discernible assets you can encumber in case of a default.

I understand that this is a small amount ($10k), but you have virtually no recourse (that I can tell).

I would be extremely leery of someone borrowing money for a business, but the business has no physical address, no assets, and is working off of a “virtual” business model.

I would demand something in terms of security. If he bails on you, you’ll bear the initial costs of suing him to recover your money and, even after you prevail in court, you’ll have to track him down and enforce the judgment yourself. I’ve done that before and it’s a bitch, believe me.

[Allan from Fallbrook]

Okay, I went onto the website and looked this over. I’ve done a lot of work for the government and continue to do so. Everything is governed by FAR (Federal Acquisition Regulation) and CFR (Code of Federal Regulations), including the RFP process and how procurements are handled.

I find this whole process very suspicious, but I would start by asking if Starfire is registered with CCR.gov (Central Contractors Registry), which is where virtually every government contractor resides. My business is registered with CCR.gov and I have a DUNS number (Dun & Bradstreet) and a CAGE code (Commercial and Government Entity code). I would ask if they do as well.

If this company is legit and providing materials and services to either government agencies and/or contractors, then they will be registered on CCR.gov and have all the requisite certifications and codes.

They will also have a list of satisfied customers and testimonials (especially after all their years in business).

My business does blast engineering and Force Protection for anti-terrorism and we use all sorts of funky parts and materials systems, and this whole set up strikes me as just wrong. It doesn’t feel right and I know quite a few specialty suppliers working for the government and NONE of them operate this way.

[Allan from Fallbrook]

Okay, I went onto the website and looked this over. I’ve done a lot of work for the government and continue to do so. Everything is governed by FAR (Federal Acquisition Regulation) and CFR (Code of Federal Regulations), including the RFP process and how procurements are handled.

I find this whole process very suspicious, but I would start by asking if Starfire is registered with CCR.gov (Central Contractors Registry), which is where virtually every government contractor resides. My business is registered with CCR.gov and I have a DUNS number (Dun & Bradstreet) and a CAGE code (Commercial and Government Entity code). I would ask if they do as well.

If this company is legit and providing materials and services to either government agencies and/or contractors, then they will be registered on CCR.gov and have all the requisite certifications and codes.

They will also have a list of satisfied customers and testimonials (especially after all their years in business).

My business does blast engineering and Force Protection for anti-terrorism and we use all sorts of funky parts and materials systems, and this whole set up strikes me as just wrong. It doesn’t feel right and I know quite a few specialty suppliers working for the government and NONE of them operate this way.

[Allan from Fallbrook]

Okay, I went onto the website and looked this over. I’ve done a lot of work for the government and continue to do so. Everything is governed by FAR (Federal Acquisition Regulation) and CFR (Code of Federal Regulations), including the RFP process and how procurements are handled.

I find this whole process very suspicious, but I would start by asking if Starfire is registered with CCR.gov (Central Contractors Registry), which is where virtually every government contractor resides. My business is registered with CCR.gov and I have a DUNS number (Dun & Bradstreet) and a CAGE code (Commercial and Government Entity code). I would ask if they do as well.

If this company is legit and providing materials and services to either government agencies and/or contractors, then they will be registered on CCR.gov and have all the requisite certifications and codes.

They will also have a list of satisfied customers and testimonials (especially after all their years in business).

My business does blast engineering and Force Protection for anti-terrorism and we use all sorts of funky parts and materials systems, and this whole set up strikes me as just wrong. It doesn’t feel right and I know quite a few specialty suppliers working for the government and NONE of them operate this way.

[Allan from Fallbrook]

Okay, I went onto the website and looked this over. I’ve done a lot of work for the government and continue to do so. Everything is governed by FAR (Federal Acquisition Regulation) and CFR (Code of Federal Regulations), including the RFP process and how procurements are handled.

I find this whole process very suspicious, but I would start by asking if Starfire is registered with CCR.gov (Central Contractors Registry), which is where virtually every government contractor resides. My business is registered with CCR.gov and I have a DUNS number (Dun & Bradstreet) and a CAGE code (Commercial and Government Entity code). I would ask if they do as well.

If this company is legit and providing materials and services to either government agencies and/or contractors, then they will be registered on CCR.gov and have all the requisite certifications and codes.

They will also have a list of satisfied customers and testimonials (especially after all their years in business).

My business does blast engineering and Force Protection for anti-terrorism and we use all sorts of funky parts and materials systems, and this whole set up strikes me as just wrong. It doesn’t feel right and I know quite a few specialty suppliers working for the government and NONE of them operate this way.

[Author]

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