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Centennial Technologies Inc
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Centennial Technologies Inc Complaints 1

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Centennial Technologies Inc Scam

Emanuel Pinez, the CEO of Centennial Technologies, and his management recorded that the company made $2 million in revenue from PC memory cards - the company was really shipping fruit baskets to customers. But the employees then created fake documents to appear as though they were recording sales. Centennial's stock rose 451% to $55.50 per share on the New York Stock Exchange (NYSE). According to the Securities and Exchange Commission (SEC), between April 1994 and December 1996, Centennial overstated its earnings by about $40 million. Amazingly, the company reported profits of $12 million when it really lost about $28 million! The stock plunged to less than $3. Over 20, 000 investors lost almost all of their investment in a company that was once considered a Wall Street darling.

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Overview of Centennial Technologies Inc complaint handling

Centennial Technologies Inc reviews first appeared on Complaints Board on Feb 28, 2011. The latest review Scam was posted on Feb 28, 2011. Centennial Technologies Inc has an average consumer rating of 1 stars from 1 reviews. Centennial Technologies Inc has resolved 0 complaints.
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  1. Centennial Technologies Inc Contacts

  2. Centennial Technologies Inc phone numbers
    +1 (989) 752-6167
    +1 (989) 752-6167
    Click up if you have successfully reached Centennial Technologies Inc by calling +1 (989) 752-6167 phone number 0 0 users reported that they have successfully reached Centennial Technologies Inc by calling +1 (989) 752-6167 phone number Click down if you have unsuccessfully reached Centennial Technologies Inc by calling +1 (989) 752-6167 phone number 0 0 users reported that they have UNsuccessfully reached Centennial Technologies Inc by calling +1 (989) 752-6167 phone number
  3. Centennial Technologies Inc address
    1335 Agricola Dr, Saginaw, Michigan, 48604, United States
  4. Centennial Technologies Inc social media
  5. Janet
    Checked and verified by Janet This contact information is personally checked and verified by the ComplaintsBoard representative. Learn more
    May 24, 2024
Centennial Technologies Inc Category
Centennial Technologies Inc is ranked 414 among 432 companies in the Computer Hardware category

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