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Alias Born | 05/03/2011 |
Friday, October 24, 2014 1:59:42 PM
CEO Carl Kukkonen has tried three other business ventures prior to his current Giant King Grass™ scheme. Ionfinity (failed), DMFCC (failed), Bomb sniffer machine (failed).
In 2010 CEO Carl Kukkonen said there would be $20,000,000 in revenues (that's twenty MILLION) from GKG sales for that year. They made $7,000. That's seven thousand dollars in revenue. Whoops. He also paid himself close to $1,000,000 (million) in stock options that year.
Since VSPC public offering in 2007, CEO Carl Kukkonen has gifted himself shares of stock & stock options every year as "bonuses". Bonuses for what? Failure? He has also gifted shares to many of his family members.
CEO Carl Kukkonen has never once held an investors conference call. Why?
VSPC doesn't have a corporate office. It's in Carl's living room of his house, 2 blocks from the ocean.
VSPC has no affiliation with VGREF anymore. Contrary to what others say (i.e. "affiliate" or "sister company") they are two separate, non-related companies.
CEO Carl Kukkonen has inked MOU's with several scam companies - General Biofuels and SynTawa. Which will be next exposed?
As of August 11, 2014, there are 1,522,788,215 shares outstanding. VSPC's total losses since inception total $49,846,000. Nothing has been earned for shareholders since inception. That's a lot of money spent for salaries, food, and travel/vacations paid for by shareholders.
Rule #1 is never lose money.
Rule #2 is never forget Rule #1.
My posts are my opinions only. Do you your own due diligence.
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