Friday, February 4, 2011

Ephren Taylor Issues Statement in Response to Eddie Long’s Youtube Appeal Alleging Financial Mismanagmeent

image

 

Bishop Eddie Long did a Youtube appeal to former Capital City Corp CEO Ephren Taylor about members of New Birth Missionary Baptist Church who allegedly lost money as a result of their investments.  Taylors reps have responded with this statement below:

FOR YOUR IMMEDIATE ATTENTION
January 31, 2011
MEDIA CONTACT:
Candace Reese J.
Envision Global
(678) 367-3117
C.Reese@EnviGlobal.com


STATEMENT FROM EPHREN W. TAYLOR ON BISHOP EDDIE L. LONG
YOUTUBE VIDEO APPEAL AND NEW BIRTH MISSIONARY BAPTIST
CHURCH WEALTH TOUR 2009


ATLANTA, GA (EnviGlobal.com) – Business Accelerator and entrepreneur, Ephren W. Taylor releases the following statement regarding the recent Youtube.com video appeal posted by New Birth Missionary Baptist Church pastor, Bishop Eddie L. Long:
Due to many inaccuracies, and based upon what I view as a direct character assassination and an attempt to paint a picture of an inability, on my part, to take responsibility for the actions of City Capital Corporation during my tenure as CEO, I am extending facts relative to the aftermath of the Wealth Tour at New Birth Missionary Baptist Church.

I visited with Bishop Eddie L. Long in late 2009 prior to bringing my Wealth Tour Live to New Birth, with hopes of inspiring and empowering the congregation in business through seminars, and to make my book, Creating Success from the Inside Out, available to all attendees. The church received a percentage of product sales, and stated their intent to sell videos from the presentations. I also operated on Bishop Long’s behalf to secure certain media opportunities for him. Members of the City Capital team were in attendance, and subsequently, members of the church elected to partner with the company on community service opportunities across the country that aid in creating jobs. Even after my departure last year as CEO of City Capital Corporation, there has been consistent communication between myself and Elder Maurice Waddell, Chief Operating Officer at New Birth, of which there is a significant amount of documented phone and e-mail correspondence.

City Capital’s legal team has connected via phone and e-mail with members of New Birth, per the list provided by the church. Paralegals confirmed that each member received a resolution package, and I personally reviewed an updated report on which clients were contacted, and when contact was initiated. Since last year, the legal team has been working with individuals to legally and privately resolve, refund, and restructure any potential issues. To protect the integrity of the process, resolutions are confidential.

A conference call, hosted by the attorneys representing City Capital, was held with all New Birth members involved as recently as this month, in which Elder Maurice Waddell participated. Since my transition from City Capital Corporation in 2010, I have operated completely independent of the company.

However, in good faith, I have chosen to honor my commitment to assist in the efforts to advance a swift and positive conclusion for all parties.

-Ephren W. Taylor

NEWS
For all media inquiries, please connect via email at C.Reese@EnviGlobal.com or phone at (678) 367-3117.

No comments: