Warning Investors Cambridge Commodities International – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Introduction:
Cambridge Commodities International (CCI) presents itself as a one-stop shop for nutritional ingredients and product solutions across a range of industries, from sports nutrition to animal nutrition. However, before considering any business dealings with this company, it’s crucial to understand the various concerns surrounding its legitimacy, reputation, product quality, and customer service. In this comprehensive review, we’ll delve into the key aspects of CCI that raise alarm bells.
Regulation and Compliance:
One of the most significant red flags concerning CCI is its inclusion in the Investment Caution List by the Alberta Securities Commission (ASC) in Canada. The ASC’s warning is crystal clear: CCI is actively soliciting investments in Alberta without being registered or authorized to do so. This is a classic hallmark of fraudulent activities. Investors are strongly advised to exercise the utmost caution when contemplating any engagement with CCI. For more details on this issue, you can refer to the ASC’s official website.
Reputation:
Uncovering the true location of CCI is akin to navigating through a labyrinth of inconsistencies. While their website boasts offices in the UK, Europe, and the US, a closer inspection reveals that their UK office address differs from the one registered with Companies House, the UK’s official registrar of companies. Even more perplexing is the fact that the address listed for their US office corresponds to Earth Circle Ingredients, a company that CCI acquired in 2020. This web of conflicting information suggests a lack of a genuine physical presence or valid licensing in any of these locations.
Customer Support and Customer Reviews:
A noteworthy scarcity of reviews about CCI is especially peculiar for a company that claims to have been in operation since 1998. Regrettably, the few reviews available are predominantly negative, painting a grim picture of CCI’s services. Dissatisfied customers have lamented over subpar product quality, delayed or missing deliveries, deceptive advertising, and unresponsive customer service. Even more alarming are reports of customers falling ill or experiencing allergic reactions after consuming CCI products.
Services:
CCI asserts a comprehensive range of over 2,500 nutritional ingredients catering to a broad spectrum of industries. From superfoods and plant extracts to vitamins and minerals, they seem to have it all. However, the fundamental concern lies in the assurance of the safety, effectiveness, and authenticity of these ingredients. CCI conspicuously lacks certificates of analysis, third-party testing results, or quality assurance standards for its products. Furthermore, they remain tight-lipped about the origins and suppliers of their ingredients, casting doubt on their traceability and sustainability.
Customer Service:
The manner in which CCI handles customer service raises further doubts about their professionalism and reliability. Numerous customers have reported CCI’s blatant disregard for their emails, phone calls, and social media messages. Some have even found themselves blocked or ignored after raising complaints or seeking refunds. To make matters worse, CCI fails to establish a clear refund policy or provide a customer satisfaction guarantee on its website.
Conclusion:
Considering the multitude of red flags and associated risks, it is our unequivocal recommendation to exercise extreme caution when dealing with Cambridge Commodities International. The ASC’s warning against their unregistered investment solicitation, the opacity surrounding their location, the paucity of mostly negative reviews, the absence of product quality and safety information, and their unprofessional customer service collectively raise insurmountable concerns. To mitigate potential risks, it would be prudent to explore alternative sources for nutritional ingredients that exhibit transparency, a reputable track record, and a strong commitment to accountability. In the realm of Cambridge Commodities International, the prevailing message is clear: buyer beware.