The short version
Group linked by William Ray Stroud is a sponsor group of 13 issuers that PartnerFacts links to one sponsor (shared people, same business address, similar issuer names; automatic match from the filings), filing 14 Form D filings between Jul 2009 and Sep 2026.
What this means One team, 13 deal companies, about 17 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.
Combined reported sold: $21.3M to 72 investors (latest filing per issuer). Industries as reported: Commercial (12), Pooled Investment Fund (1). Issuers are based in AL (13).
What this means $21.3M raised across the group, about $295K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: William Ray Stroud (12 issuers, executive officer, director, and promoter), Gerry E Shannon (9 issuers, executive officer and director), Joseph Moseley (4 issuers, executive officer and director), Gerald Eugene Shannon (3 issuers, executive officer, director, and promoter), Hugh Fuller McClendon (3 issuers, executive officer) and 3 more.
What this means The person on the most companies is usually the one running the show; their page lists every deal.
Activity: 1 new offering in the last 12 months; latest filing Sep 22, 2026.
What this means still raising money this year.
Public records searched: federal courts (CourtListener / RECAP), state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — 3 bankruptcy cases matching the name listed in Key records below. Not yet searched: SEC enforcement releases.
What this means 3 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.