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Ocean Thermal Energy Corporation


Country United States
State Pennsylvania
City Lancaster
Address 800 South Queen Street
Phone 717 299 1344
Website http://otecorporation.com/

Ocean Thermal Energy Corporation Reviews

Most Useful Comment
  • Jun 20, 2017

Investors Beware

Jeremy P. Feakins raises millions of dollars using bogus credentials listing numerous companies and entities, none of which have been successful. Most are out of business with virtually no postive revenue. One of these companies, Medical Technology Inc., after being unsuccessful in marketing its products, licensed its technology to Lenscrafters, a major eye glasses producer. When Lenscrafters failed in marketing the medical product, Feakins sued and, rather than distribute the settlement to its shareholders, kept the proceeds for himself ($9,000,000 after legal fees).

His latest venture, Ocean Thermal Energy Corp. has lost millions of dollars of investor money and is no longer a public company. He is using Ocean Thermal Technology, which is almost out of cash, to merge into Tetridyn Solutions, a public company to raise further funds from investors and caused a 1:250 share reverse split giving him 98% of the shares and virtually wiping out existing shareholders.

Mark as Useful [2 votes]
  • Nov 3, 2018

I was hired by Becky Cooper at OTEC to run paid advertising for Ocean Thermal Energy Corporation. I was hired in late May and worked with them through August. I billed at the end of each month, but never received payment for any of my work. I was continually promised I would, that they were just having "cash flow problems". Then my communications just went silent and I never heard anything again. My emails and phone calls were not returned.

They present themselves as a company trying to help the world, but they are ready to screw over people at a moment's notice. I would recommend all consultants/freelancers to avoid working with them. If you do work with them, get paid up front. In my 6 years as a consultant, this is the first time a client has not paid me anything I was owed. It's disgraceful and they wouldn't even own their behaviors.

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