Molen will NEVER and has Never reported up to date accurate numbers in share counts.
It is one of the major parts of his Scam. Just like last years report on A/S on 1st quarter only to have A/S increased by 1 billion shares the next day after the report. But, as history has clearly shown, VGPR is not a company, it is share selling scam so under reporting of A/S goes with the territory. Based on sale volume, I would guess that A/S is well above 3 Billion as of today, but the next Reverse Split is just a few months away.
Molen addiction to toxic debt is inexhaustible and VNDM and others will always be gutting the carcass of this company. Even when the endless list of bogus PR's came out the last 2 years, there was VNDM killing any PPS increase, every time.
It was great seeing that Molen sent in his reports, late as usual. I would like to know why it costs $10,000 a month for General and administrative expenses. It was my understanding that there is no company office, no assets like a computers or desks or even a Bio-coal plant. If there were assets why are they not in the balance sheet?
Also, if the deal with the Now Corporation is not going to happen, why didn't the deposit he gave for machinery show back up in the Balance sheet. I guess it is just another $25K that went straight into Moles pockets….again. It could be a bonus to the CEO for not making a single penny in revenue for yet another quarter.
Good luck to all of those buying this stock now, it is pretty much a year in -98.97% looser of value every year. Jump in and see for yourself!
MOLEN: The lies need to stop, the total lack of any measurable progress in years needs to end. Please sell the shell to someone that might do something with it. This company is just a black hole that investors money goes in and excuses come out. Been that way for years.
