They took money for projects under contract and were unable to complete those contracts in a timely, professional manner because of grossly misappropriated funds. They use refurbished equipment in their datacenters and sell it as new equipment. None of their IT Service Technicians are certified. Tried backing customer into a corner by threatening to cut off services for services not paid. The services were not paid because the services WERE NOT rendered. Liens have attempted to be filed against Data Stream’s customers because of Data Stream’s failure to pay vendors. Hospitals and construction companies BEWARE! They demand immediate payment from customers but place subs and vendors on a 60-day pay, but still refuse to stick to that schedule. Once disgustingly deliquent and liens are threatened, they promise a pay schedule that they still refuse to abide by. They currently have 3 sizable liens against them, check on wysk.com. Owner and CEO, Ron Bailey, is an uneducated incompetent narcissist with no formal training in finances and does not know how to properly run a business. The COO, David Balaat, uses a PhD signature acquired from an entity that Texas does not recognize as an accredited school. Every time he signs his name in the State of Texas he is committing fraud. Investors, do your homework. Overall, Data Stream Technologies a theiving, dishonest company with failures on the most basic levels of customer service, customer management, business ethics and business operations.
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