Hello,
I am in the process of completing the due diligence of a firm with the prospect of purchasing their raw material. Thus far everything checks out as a legal, registered firm. They also possess the trapings of a "real business, such as a physical location, land line telephone, fax, etc. However, one red flag is their request taht I agree to pay for half of a "Certificate of Ownership rior to consumating a transaction, which I will not do.
My question, is, has anyone heard of such a thing?
Regards,
R. Phillips