Centennial Technologies Inc’s earns a 1.0-star rating from 1 reviews, showing that the majority of clients are dissatisfied with tech solutions.
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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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Centennial Technologies Inc Contacts
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Centennial Technologies Inc phone numbers+1 (989) 752-6167+1 (989) 752-6167Click 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
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Centennial Technologies Inc address1335 Agricola Dr, Saginaw, Michigan, 48604, United States
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Checked and verified by Janet This contact information is personally checked and verified by the ComplaintsBoard representative. Learn moreMay 24, 2024
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