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THE UNITED STATES FEDERAL COURT HAS CONFIRMED DAN MONTANO'S ONE MILLION DOLLAR CLAIM AGAINST CVBT/VENTURIS THERAPEUTICS
Furthermore, with Zhittya Genesis Medicine and Mrs. Montano being ENTIRELY DISMISSED from the lawsuits that Venturis brought fourth there is a clear path for Mr. Daniel Montano to forcibly collect on his 1 million dollar claim. Venturis is at the hands of Dan Montano! Why were we not made aware of this? Why is our administration so quick to announce when lawsuits are filed but not when we are miserably defeated and punished for our defeat?
I worry that Mr. Montano will wipe Venturis off the face of the map with his new ability to forcibly collect on his one million dollar award which has been confirmed by the United States Federal Court.
Daniel C. Montano wins a ONE MILLION DOLLAR JUDGEMENT against Venturis Therapeutics(fka CVBT)
In an unfortunate turn of events for our administration, the arbitration case initiated by Venturis Therapeutics against Mr. Daniel Montano has resulted in Dan Montano winning a one million dollar judgement against Venturis Therapeutics as well as attorneys' fees and costs; confirmed by the US Federal Court.
Mr. Montano is now pursuing the involuntary collections of his judgment against Venturis, which will include a judgment debtor discovery against Venturis Therapeutics so that Mr. Montano can seize the assets of the company and satisfy the terms of his judgement.
Even worse for Venturis: Other litigation initiated by Venturis against Mrs. Montano and Zhittya Genesis Medicine (commonly referred to as Zhittya) has been DISMISSED by the Nevada State courts.
THIS IS A CLEAR VICTORY FOR DAN MONTANO AND ZHITTYA. After this judgement I will be surprised if Venturis Therapeutics makes it through 2021.
Dan Montano's Clear Victory over CVBT
CardioVascular BioTherapeutics/Venturis Therapeutics has lost yet another court battle to Dan Montano. As a result of this miserable defeat, the US Federal Court has confirmed Dan Montano's $1 million dollar judgment against CVBT/Venturis Therapeutics despite bringing on the case themselves!
Despite what individuals say on this page, there is no right of offset to this matter! Dan Montano's $1 million dollar judgement has no offset. The Court Records clearly indicate the Dan Montano's $1 million dollar judgement. Those same Court Records DO NOT INDICATE THAT VENTURIS THERAPEUTICS IS OWED ANYTHING FROM DAN MONTANO. There is no right of offset. We can only hope that Dan Montano will not initiate a debtor's exam.
Conman Dan is on the hook for $1.7m for which VT has started collection proceedings
The arbitration awarded Montano $800,000 in back pay but the there was $2.5m outstanding that Montano owed VT so it nets out at $1.7m.
VT is now going after him now for the balance of $1.7m
CVBT/VT LAWYERS ADMIT CVBT/VT IS WORTHLESS IN FEDERAL COURT
The truth about Cardiovascular Biotherapeutics/Venturis Therapeutics is coming out as a result of the lawsuit they have filed against our former administration.
Our own lawyers were forced to withdraw themselves from the case as a result of Cardiovascular Biotherapeutics'/Venturis Therapeutics' inability to pay the company's lawyers.
As bad as that may sound, this is not all, the company's lawyer then went on to state: Upon investigation as to Venturis ability to pay legal fees in accordance with its agreement, it has become evident that there are currently no assets or revenue streams from which payments can be made.
Our own lawyers admitted in Federal District Court the incompetence of our administration. We are a worthless company. The United States Federal Court states it in their records, our own lawyers state it, our former administrative members say it.
Cardiovascular Biotherapeutics/Venturis Therapeutics is officially worthless.
"it has become evident that there are currently no assets or revenue streams from which payments can be made."
It gets worse. Not only did our company's lawyers withdraw themselves from Cardiovascular Biotherapeutics/Venturis Therapeutics' lawsuit in federal court, they have also emphasized how defunct Venturis Therapeutics/CVBT truly is in a statement to the United States Federal Court. I have posted another excerpt:
UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC., formerly known as CARDIOVASCULAR BIOTHERAPEUTICS, INC.
Claimant
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN THE ALTERNATIVE, MOTION TO WITHDRAW AS COUNSEL FOR VENTURIS THERAPEUTICS, INC.
Page 3 Lines 23-25 read as follows:
"Upon investigation as to Venturis ability to pay legal fees in accordance with its agreement, it has become evident that there are currently no assets or revenue streams from which payments can be made."
"...unpaid fees in excess of $200,000..."
I was able to get my hands on some court documents and was able to find more about why CVBT/VT's lawyers have withdrawn themselves from their suit in Federal District Court. It appears that we did not have enough money to pay them. I have posted an excerpt here:
UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC., formerly known as CARDIOVASCULAR BIOTHERAPEUTICS, INC.
Claimant
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN THE ALTERNATIVE, MOTION TO WITHDRAW AS COUNSEL FOR VENTURIS THERAPEUTICS, INC.
Page 3 Lines 15-17 are as follows:
Further, as of March 31, 2021, Venturis owed Mr. Cannaday’s law firm, Dentons US LLP (“Dentons”), unpaid fees in excess of $200,000 for representation in this Previously Closed Case and for representation in the underlying arbitration.
"Venturis has been rendered incapable of paying Mr. Cannaday’s law firm in accordance with the terms of its agreement."
I have managed to obtain some court documents further ellaborating why our company's lawyer has withdrawn himself from the case. I have posted an excerpt here:
UNITED STATES DISTRICT COURT
DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC.,
formerly known as CARDIOVASCULAR
BIOTHERAPEUTICS, INC.
Claimant,
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN
THE ALTERNATIVE, MOTION TO
WITHDRAW AS COUNSEL FOR
VENTURIS THERAPEUTICS, INC.
Page 3, Line 16 Reads as follows:
However, Venturis has been rendered incapable of paying Mr. Cannaday’s law firm in accordance with the terms of its agreement.
$1,100,000 awarded to Daniel C. Montano by the US Federal Court against CVBT/VT
The United States Federal court has confirmed Daniel C. Montano's $1.1 million dollar judgement against CVBT/VT as a result of their fraudulent and frivolous lawsuit claiming that Daniel C. Montano's IP was not his.
The US Federal Court not only confirmed that Daniel C. Montano has a $1 million dollar (non-off-settable) judgement against CVBT/VT, but that Daniel C. Montano and Zhittya Genesis Medicine own all of their IP.
Daniel C. Montano announces that the US Federal Court has confirmed his IP
The United States Federal Court has confirmed the ruling in favor of Daniel C. Montano citing that Dan Montano owns all of the IP that he and his company, Zhittya Genesis Medicine are developing.
The United States Federal Court's confirmation comes as a result of Cardiovascular Biotherapeutics/ Venturis Therapeutics' own management team testifying in favor of Daniel C. Montano, stating that the IP that Dan Montano and Zhittya Genesis Medicine have been developing are 100% theirs.
Daniel C Montano Announces His Victory over CVBT/VT
Despite years of fraudulent and frivolous lawsuits it appears that Daniel C Montano is now victorious over the crooks that run Cardiovascular Biotherapeutics/Venturis Therapeutics.
Daniel C. Montano has been awarded an over $1 million dollar judgment against CVBT/VT as a result of the frivolous lawsuit that they had originally filed.
Daniel C. Montano's more than $1,000,000 dollar judgement against Cardiovascular BioTherapeutics/Venturis Therapeutics has been confirmed by the United States Federal Court System.
Dan Montano's clear victory over CVBT/VT could result in a forced debtors exam against CVBT/VT in order for Montano to collect on his judgement.
Daniel C Montano has announced that he has won a $1 million dollar judgement against CVBT
Daniel C. Montano has announced that he has won a $1 million dollar judgement against Cardiovascular Biotherapeutics/Venturis Therapeutics confirmed by the US Federal Court. The judge dismissed all of CVBT/VT's claims against Dan Montano. Our current administration's takeover in 2014 has resulted in CVBT/VT suing Daniel C. Montano 10 different times to stop him from developing FGF-1. Each time CVBT/VT has lost to Daniel C. Montano, resulting in astounding victories for Dan Montano.
CVBT/VT's three biotech experts all independently testified that Dan Montano was innocent from the fraudulent claims made by CVBT/VT management.
The most recent court judgement has not only given Daniel C. Montano the ability to actively pursue the fraudulent claimants in order to satisfy his $1 million dollar judgement, but also has given Dan Montano the ability to actively focus on developing FGF-1 at Zhittya Genesis Medicine which has now initiated two Phase I Clinical Trials in Parkinson's Disease and ALS.
Daniel C Montano announces that he wins a ONE MILLION DOLLAR JUDGEMENT against Venturis Therapeutics(fka CVBT)
In an unfortunate turn of events for our administration, the arbitration case initiated by Venturis Therapeutics against Mr. Daniel Montano has resulted in Dan Montano winning a one million dollar judgement against Venturis Therapeutics as well as attorneys' fees and costs; confirmed by the US Federal Court.
Mr. Montano is now pursuing the involuntary collections of his judgment against Venturis, which will include a judgment debtor discovery against Venturis Therapeutics so that Mr. Montano can seize the assets of the company and satisfy the terms of his judgement.
Even worse for Venturis: Other litigation initiated by Venturis against Mrs. Montano and Zhittya Genesis Medicine (commonly referred to as Zhittya) has been DISMISSED by the Nevada State courts.
THIS IS A CLEAR VICTORY FOR DAN MONTANO AND ZHITTYA. After this judgement I will be surprised if Venturis Therapeutics makes it through 2021
Daniel C. Montano announced that he has won a judgement against CVBT/VT
Daniel C. Montano has announced that he has won a $1 million dollar judgement against Cardiovascular Biotherapeutics/Venturis Therapeutics confirmed by the US Federal Court. The judge dismissed all of CVBT/VT's claims against Dan Montano. Our current administration's takeover in 2014 has resulted in CVBT/VT suing Daniel C. Montano 10 different times to stop him from developing FGF-1. Each time CVBT/VT has lost to Daniel C. Montano, resulting in astounding victories for Dan Montano.
CVBT/VT's three biotech experts all independently testified that Dan Montano was innocent from the fraudulent claims made by CVBT/VT management.
The most recent court judgement has not only given Daniel C. Montano the ability to actively pursue the fraudulent claimants in order to satisfy his $1 million dollar judgement, but also has given Dan Montano the ability to actively focus on developing FGF-1 at Zhittya Genesis Medicine which has now initiated two Phase I Clinical Trials in Parkinson's Disease and ALS.
Daniel C. Montano has initiated a Debtor's Exam against CVBT/VT
Daniel C. Montano has initiated a Debtor's Exam against CVBT/VT, within the next 30 days the shareholders will know that CVBT/VT has no financial viability and is an empty shell of a company.
I fear that Dan Montano will seize all of the assets, including IP, that CVBT has and will sue the CVBT/VT directors for their actions.
DEBTORS EXAM FOR CARDIOVASCULAR BIOTHERAPEUTICS (CVBT)/VENTURIS THERAPEUTICS
Rumor has it that as a result of Dan Montano's court victory, which has given him a judgment of a $1 million dollar claim against Venturis Therapeutics, confirmed by the Federal Court, that Dan Montano will be seeking a debtors exam for CVBT in the month of May. I am worried that this debtors exam will reveal the true financial position of CVBT/Venturis Therapeutics and make the CVBT directors liable.
How will this debtor's exam affect the future of CVBT? Will there be a future for CVBT following this major legal victory for Daniel C. Montano? Where will CVBT get the $1 million dollars to pay Mr. Dan Montano?
THE UNITED STATES FEDERAL COURT HAS CONFIRMED DAN MONTANO'S ONE MILLION DOLLAR CLAIM AGAINST CVBT/VENTURIS THERAPEUTICS
Furthermore, with Zhittya Genesis Medicine and Mrs. Montano being ENTIRELY DISMISSED from the lawsuits that Venturis brought fourth there is a clear path for Mr. Daniel Montano to forcibly collect on his 1 million dollar claim. Venturis is at the hands of Dan Montano! Why were we not made aware of this? Why is our administration so quick to announce when lawsuits are filed but not when we are miserably defeated and punished for our defeat?
I worry that Mr. Montano will wipe Venturis off the face of the map with his new ability to forcibly collect on his one million dollar award which has been confirmed by the United States Federal Court.
Daniel C. Montano wins a ONE MILLION DOLLAR JUDGEMENT against Venturis Therapeutics(fka CVBT)
In an unfortunate turn of events for our administration, the arbitration case initiated by Venturis Therapeutics against Mr. Daniel Montano has resulted in Dan Montano winning a one million dollar judgement against Venturis Therapeutics as well as attorneys' fees and costs; confirmed by the US Federal Court.
Mr. Montano is now pursuing the involuntary collections of his judgment against Venturis, which will include a judgment debtor discovery against Venturis Therapeutics so that Mr. Montano can seize the assets of the company and satisfy the terms of his judgement.
Even worse for Venturis: Other litigation initiated by Venturis against Mrs. Montano and Zhittya Genesis Medicine (commonly referred to as Zhittya) has been DISMISSED by the Nevada State courts.
THIS IS A CLEAR VICTORY FOR DAN MONTANO AND ZHITTYA. After this judgement I will be surprised if Venturis Therapeutics makes it through 2021.
Dan Montano's Clear Victory over CVBT
CardioVascular BioTherapeutics/Venturis Therapeutics has lost yet another court battle to Dan Montano. As a result of this miserable defeat, the US Federal Court has confirmed Dan Montano's $1 million dollar judgment against CVBT/Venturis Therapeutics despite bringing on the case themselves!
Despite what individuals say on this page, there is no right of offset to this matter! Dan Montano's $1 million dollar judgement has no offset. The Court Records clearly indicate the Dan Montano's $1 million dollar judgement. Those same Court Records DO NOT INDICATE THAT VENTURIS THERAPEUTICS IS OWED ANYTHING FROM DAN MONTANO. There is no right of offset. We can only hope that Dan Montano will not initiate a debtor's exam.
How and when Daniel C Montano can emerge from personal bankruptcy. Long road ahead though for him as quite a few are lined up to start fresh litigation. As they say, what goes around comes around. Another thing they say - never start a fight you can’t finish. I feel for his children though.
When To Expect the Discharge:
If your bankruptcy chapter proceeds as planned—you satisfied all requirements and no one successfully objects to your filing—you'll receive the discharge at the end of your matter after you've done the following:
filed the official petition, schedules, and required local forms
provided the court with accurate documentation of your debts, assets, income, and financial dealings
attended the meeting of creditors (and the confirmation hearing in Chapter 13)
participated in a session with a credit counselor and taken a financial management course, and
if filing under Chapter 13, made all of your payments under your repayment plan.
The court will notify you by mailing out a document called an "order of discharge." The order won't close your case, however. The case will remain open until the bankruptcy trustee—the official who manages your matter—disperses available money to creditors, or until any outstanding bankruptcy litigation ends.
The UNITED STATES BANKRUPTCY COURT still has Daniel C Montano listed as a NON DISCHARGED Bankrupt. This means any money he makes will go to his creditors which includes CVBT/VT
Daniel C Montano Announces He still owes CVBT/VT $1.7m and VT is in the process of collecting. Let's just wait and see what happens next....
Daniel C Montano Announces that he is still in non discharged bankruptcy and will continue to do money shows and retirement presentations until he can pay off his debts to CVBT/VT.
Daniel C. Montano announces that the US Bankruptcy Court has ruled in his favor as a NON DISCHARGED bankrupt and he will still owe a lot of money to CVBT/VT
Daniel C. Montano Announces His Victory over CVBT/VT
But it's not really a victory because he still owes them $1.7m
Daniel C Montano Announces that he is still in non discharged bankruptcy and will continue to do money shows and retirement presentations until he can pay off his debts to CVBT/VT.
Daniel C Montano Announces He still owes CVBT/VT $1.7m and VT is in the process of collecting. Let's just wait and see what happens next....
CVBT/VT LAWYERS ADMIT CVBT/VT IS WORTHLESS IN FEDERAL COURT
The truth about Cardiovascular Biotherapeutics/Venturis Therapeutics is coming out as a result of the lawsuit they have filed against our former administration.
Our own lawyers were forced to withdraw themselves from the case as a result of Cardiovascular Biotherapeutics'/Venturis Therapeutics' inability to pay the company's lawyers.
As bad as that may sound, this is not all, the company's lawyer then went on to state: Upon investigation as to Venturis ability to pay legal fees in accordance with its agreement, it has become evident that there are currently no assets or revenue streams from which payments can be made.
Our own lawyers admitted in Federal District Court the incompetence of our administration. We are a worthless company. The United States Federal Court states it in their records, our own lawyers state it, our former administrative members say it.
Cardiovascular Biotherapeutics/Venturis Therapeutics is officially worthless.
"it has become evident that there are currently no assets or revenue streams from which payments can be made."
It gets worse. Not only did our company's lawyers withdraw themselves from Cardiovascular Biotherapeutics/Venturis Therapeutics' lawsuit in federal court, they have also emphasized how defunct Venturis Therapeutics/CVBT truly is in a statement to the United States Federal Court. I have posted another excerpt:
UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC., formerly known as CARDIOVASCULAR BIOTHERAPEUTICS, INC.
Claimant
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN THE ALTERNATIVE, MOTION TO WITHDRAW AS COUNSEL FOR VENTURIS THERAPEUTICS, INC.
Page 3 Lines 23-25 read as follows:
"Upon investigation as to Venturis ability to pay legal fees in accordance with its agreement, it has become evident that there are currently no assets or revenue streams from which payments can be made."
"...unpaid fees in excess of $200,000..."
I was able to get my hands on some court documents and was able to find more about why CVBT/VT's lawyers have withdrawn themselves from their suit in Federal District Court. It appears that we did not have enough money to pay them. I have posted an excerpt here:
UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC., formerly known as CARDIOVASCULAR BIOTHERAPEUTICS, INC.
Claimant
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN THE ALTERNATIVE, MOTION TO WITHDRAW AS COUNSEL FOR VENTURIS THERAPEUTICS, INC.
Page 3 Lines 15-17 are as follows:
Further, as of March 31, 2021, Venturis owed Mr. Cannaday’s law firm, Dentons US LLP (“Dentons”), unpaid fees in excess of $200,000 for representation in this Previously Closed Case and for representation in the underlying arbitration.
"Venturis has been rendered incapable of paying Mr. Cannaday’s law firm in accordance with the terms of its agreement."
I have managed to obtain some court documents further ellaborating why our company's lawyer has withdrawn himself from the case. I have posted an excerpt here:
UNITED STATES DISTRICT COURT
DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC.,
formerly known as CARDIOVASCULAR
BIOTHERAPEUTICS, INC.
Claimant,
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN
THE ALTERNATIVE, MOTION TO
WITHDRAW AS COUNSEL FOR
VENTURIS THERAPEUTICS, INC.
Page 3, Line 16 Reads as follows:
However, Venturis has been rendered incapable of paying Mr. Cannaday’s law firm in accordance with the terms of its agreement.
$1,100,000 awarded to Daniel C. Montano by the US Federal Court against CVBT/VT
The United States Federal court has confirmed Daniel C. Montano's $1.1 million dollar judgement against CVBT/VT as a result of their fraudulent and frivolous lawsuit claiming that Daniel C. Montano's IP was not his.
The US Federal Court not only confirmed that Daniel C. Montano has a $1 million dollar (non-off-settable) judgement against CVBT/VT, but that Daniel C. Montano and Zhittya Genesis Medicine own all of their IP.
Daniel C. Montano announces that the US Federal Court has confirmed his IP
The United States Federal Court has confirmed the ruling in favor of Daniel C. Montano citing that Dan Montano owns all of the IP that he and his company, Zhittya Genesis Medicine are developing.
The United States Federal Court's confirmation comes as a result of Cardiovascular Biotherapeutics/ Venturis Therapeutics' own management team testifying in favor of Daniel C. Montano, stating that the IP that Dan Montano and Zhittya Genesis Medicine have been developing are 100% theirs.
Daniel C. Montano Announces His Victory over CVBT/VT
Despite years of fraudulent and frivolous lawsuits it appears that Daniel C. Montano is now victorious over the crooks that run Cardiovascular Biotherapeutics/Venturis Therapeutics.
Daniel C. Montano has been awarded an over $1 million dollar judgment against CVBT/VT as a result of the frivolous lawsuit that they had originally filed.
Daniel C. Montano's more than $1,000,000 dollar judgement against Cardiovascular BioTherapeutics/Venturis Therapeutics has been confirmed by the United States Federal Court System.
Dan Montano's clear victory over CVBT/VT could result in a forced debtors exam against CVBT/VT in order for Montano to collect on his judgement.
Daniel C. Montano has announced that he has won a $1 million dollar judgement against CVBT
Daniel C. Montano has announced that he has won a $1 million dollar judgement against Cardiovascular Biotherapeutics/Venturis Therapeutics confirmed by the US Federal Court. The judge dismissed all of CVBT/VT's claims against Dan Montano. Our current administration's takeover in 2014 has resulted in CVBT/VT suing Daniel C. Montano 10 different times to stop him from developing FGF-1. Each time CVBT/VT has lost to Daniel C. Montano, resulting in astounding victories for Dan Montano.
CVBT/VT's three biotech experts all independently testified that Dan Montano was innocent from the fraudulent claims made by CVBT/VT management.
The most recent court judgement has not only given Daniel C. Montano the ability to actively pursue the fraudulent claimants in order to satisfy his $1 million dollar judgement, but also has given Dan Montano the ability to actively focus on developing FGF-1 at Zhittya Genesis Medicine which has now initiated two Phase I Clinical Trials in Parkinson's Disease and ALS.
Daniel C. Montano announces that he wins a ONE MILLION DOLLAR JUDGEMENT against Venturis Therapeutics(fka CVBT)
In an unfortunate turn of events for our administration, the arbitration case initiated by Venturis Therapeutics against Mr. Daniel Montano has resulted in Dan Montano winning a one million dollar judgement against Venturis Therapeutics as well as attorneys' fees and costs; confirmed by the US Federal Court.
Mr. Montano is now pursuing the involuntary collections of his judgment against Venturis, which will include a judgment debtor discovery against Venturis Therapeutics so that Mr. Montano can seize the assets of the company and satisfy the terms of his judgement.
Even worse for Venturis: Other litigation initiated by Venturis against Mrs. Montano and Zhittya Genesis Medicine (commonly referred to as Zhittya) has been DISMISSED by the Nevada State courts.
THIS IS A CLEAR VICTORY FOR DAN MONTANO AND ZHITTYA. After this judgement I will be surprised if Venturis Therapeutics makes it through 2021
Daniel C. Montano announced that he has won a judgement against CVBT/VT
Daniel C. Montano has announced that he has won a $1 million dollar judgement against Cardiovascular Biotherapeutics/Venturis Therapeutics confirmed by the US Federal Court. The judge dismissed all of CVBT/VT's claims against Dan Montano. Our current administration's takeover in 2014 has resulted in CVBT/VT suing Daniel C. Montano 10 different times to stop him from developing FGF-1. Each time CVBT/VT has lost to Daniel C. Montano, resulting in astounding victories for Dan Montano.
CVBT/VT's three biotech experts all independently testified that Dan Montano was innocent from the fraudulent claims made by CVBT/VT management.
The most recent court judgement has not only given Daniel C. Montano the ability to actively pursue the fraudulent claimants in order to satisfy his $1 million dollar judgement, but also has given Dan Montano the ability to actively focus on developing FGF-1 at Zhittya Genesis Medicine which has now initiated two Phase I Clinical Trials in Parkinson's Disease and ALS.
Daniel C. Montano has initiated a Debtor's Exam against CVBT/VT
Daniel C. Montano has initiated a Debtor's Exam against CVBT/VT, within the next 30 days the shareholders will know that CVBT/VT has no financial viability and is an empty shell of a company.
I fear that Dan Montano will seize all of the assets, including IP, that CVBT has and will sue the CVBT/VT directors for their actions.
DEBTORS EXAM FOR CARDIOVASCULAR BIOTHERAPEUTICS (CVBT)/VENTURIS THERAPEUTICS
Rumor has it that as a result of Dan Montano's court victory, which has given him a judgment of a $1 million dollar claim against Venturis Therapeutics, confirmed by the Federal Court, that Dan Montano will be seeking a debtors exam for CVBT in the month of May. I am worried that this debtors exam will reveal the true financial position of CVBT/Venturis Therapeutics and make the CVBT directors liable.
How will this debtor's exam affect the future of CVBT? Will there be a future for CVBT following this major legal victory for Daniel C. Montano? Where will CVBT get the $1 million dollars to pay Mr. Dan Montano?
THE UNITED STATES FEDERAL COURT HAS CONFIRMED DAN MONTANO'S ONE MILLION DOLLAR CLAIM AGAINST CVBT/VENTURIS THERAPEUTICS
Furthermore, with Zhittya Genesis Medicine and Mrs. Montano being ENTIRELY DISMISSED from the lawsuits that Venturis brought fourth there is a clear path for Mr. Daniel Montano to forcibly collect on his 1 million dollar claim. Venturis is at the hands of Dan Montano! Why were we not made aware of this? Why is our administration so quick to announce when lawsuits are filed but not when we are miserably defeated and punished for our defeat?
I worry that Mr. Montano will wipe Venturis off the face of the map with his new ability to forcibly collect on his one million dollar award which has been confirmed by the United States Federal Court.
Daniel C. Montano wins a ONE MILLION DOLLAR JUDGEMENT against Venturis Therapeutics(fka CVBT)
In an unfortunate turn of events for our administration, the arbitration case initiated by Venturis Therapeutics against Mr. Daniel Montano has resulted in Dan Montano winning a one million dollar judgement against Venturis Therapeutics as well as attorneys' fees and costs; confirmed by the US Federal Court.
Mr. Montano is now pursuing the involuntary collections of his judgment against Venturis, which will include a judgment debtor discovery against Venturis Therapeutics so that Mr. Montano can seize the assets of the company and satisfy the terms of his judgement.
Even worse for Venturis: Other litigation initiated by Venturis against Mrs. Montano and Zhittya Genesis Medicine (commonly referred to as Zhittya) has been DISMISSED by the Nevada State courts.
THIS IS A CLEAR VICTORY FOR DAN MONTANO AND ZHITTYA. After this judgement I will be surprised if Venturis Therapeutics makes it through 2021.
Dan Montano's Clear Victory over CVBT
CardioVascular BioTherapeutics/Venturis Therapeutics has lost yet another court battle to Dan Montano. As a result of this miserable defeat, the US Federal Court has confirmed Dan Montano's $1 million dollar judgment against CVBT/Venturis Therapeutics despite bringing on the case themselves!
Despite what individuals say on this page, there is no right of offset to this matter! Dan Montano's $1 million dollar judgement has no offset. The Court Records clearly indicate the Dan Montano's $1 million dollar judgement. Those same Court Records DO NOT INDICATE THAT VENTURIS THERAPEUTICS IS OWED ANYTHING FROM DAN MONTANO. There is no right of offset. We can only hope that Dan Montano will not initiate a debtor's exam.
It is actually $1.7m that Montano owes VT.
The arbitration awarded Montano $800,000 but the there was $2.5m outstanding that Montano owed VT so it nets out at $1.7m.
VT are going after him now for the $1.7m
I asked yesterday how does one invest in Zhittya, but that message seems to have been removed. Very strange. So how does one invest in Zhittya? I am already invested in CVBT/VT but since Montano is coming into money soon, it would be good to hedge my bets. Thanks in advance .
CVBT/VT LAWYERS ADMIT CVBT/VT IS WORTHLESS IN FEDERAL COURT
The truth about Cardiovascular Biotherapeutics/Venturis Therapeutics is coming out as a result of the lawsuit they have filed against our former administration.
Our own lawyers were forced to withdraw themselves from the case as a result of Cardiovascular Biotherapeutics'/Venturis Therapeutics' inability to pay the company's lawyers.
As bad as that may sound, this is not all, the company's lawyer then went on to state: Upon investigation as to Venturis ability to pay legal fees in accordance with its agreement, it has become evident that there are currently no assets or revenue streams from which payments can be made.
Our own lawyers admitted in Federal District Court the incompetence of our administration. We are a worthless company. The United States Federal Court states it in their records, our own lawyers state it, our former administrative members say it.
Cardiovascular Biotherapeutics/Venturis Therapeutics is officially worthless.
"it has become evident that there are currently no assets or revenue streams from which payments can be made."
It gets worse. Not only did our company's lawyers withdraw themselves from Cardiovascular Biotherapeutics/Venturis Therapeutics' lawsuit in federal court, they have also emphasized how defunct Venturis Therapeutics/CVBT truly is in a statement to the United States Federal Court. I have posted another excerpt:
UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC., formerly known as CARDIOVASCULAR BIOTHERAPEUTICS, INC.
Claimant
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN THE ALTERNATIVE, MOTION TO WITHDRAW AS COUNSEL FOR VENTURIS THERAPEUTICS, INC.
Page 3 Lines 23-25 read as follows:
"Upon investigation as to Venturis ability to pay legal fees in accordance with its agreement, it has become evident that there are currently no assets or revenue streams from which payments can be made."
"...unpaid fees in excess of $200,000..."
I was able to get my hands on some court documents and was able to find more about why CVBT/VT's lawyers have withdrawn themselves from their suit in Federal District Court. It appears that we did not have enough money to pay them. I have posted an excerpt here:
UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC., formerly known as CARDIOVASCULAR BIOTHERAPEUTICS, INC.
Claimant
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN THE ALTERNATIVE, MOTION TO WITHDRAW AS COUNSEL FOR VENTURIS THERAPEUTICS, INC.
Page 3 Lines 15-17 are as follows:
Further, as of March 31, 2021, Venturis owed Mr. Cannaday’s law firm, Dentons US LLP (“Dentons”), unpaid fees in excess of $200,000 for representation in this Previously Closed Case and for representation in the underlying arbitration.
"Venturis has been rendered incapable of paying Mr. Cannaday’s law firm in accordance with the terms of its agreement."
I have managed to obtain some court documents further ellaborating why our company's lawyer has withdrawn himself from the case. I have posted an excerpt here:
UNITED STATES DISTRICT COURT
DISTRICT OF NEVADA
Venturis THERAPEUTICS, INC.,
formerly known as CARDIOVASCULAR
BIOTHERAPEUTICS, INC.
Claimant,
Case No. 2:20-cv-01410-GMN-BNW
NOTICE OF WITHDRAWAL AND IN
THE ALTERNATIVE, MOTION TO
WITHDRAW AS COUNSEL FOR
VENTURIS THERAPEUTICS, INC.
Page 3, Line 16 Reads as follows:
However, Venturis has been rendered incapable of paying Mr. Cannaday’s law firm in accordance with the terms of its agreement.
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VENTURIS THERAPEUTICS (formerly Cardiovascular
Biotherapeutics or CVBT) is a dead, zombie company
that hasn't run a single clinical trial in nearly 15
years. Not even one patient (!) has been treated
since 2007. Venturis Therapeutics is insolvent,
illiquid, and is controlled and run by an individual
who was accused by the U.S government of
embezzling $14 million from his previous company.
Venturis' lawyer, Barry Cannaday of Dentons (one
of the largest law firms in the U.S.), withdrew from
representing Venturis in April 2021 because Dentons
is owed over $200,000 by Venturis, and Mr. Cannaday
attested that "there are currently no assets or
revenue streams" to pay Dentons. Yet anonymous
advocates for Venturis (who I personally believe are
the company's desperate leadership) lie about public
facts that are easily verifiable. One of the most
absurd false claims is that there are (allegedly) two
ongoing pivotal clinical trials (see that particular
false claim below). These "clinical trials" exist only
in cyberspace but not in the real world the rest of us
(including Dentons) live in. That said, enjoy the
entertainment that lies below. Hopefully it gives you
some good laughs - that's about all that's left from
this dead, zombie company. Enjoy!
VENTURIS THERAPEUTICS (VT) OVERVIEW
VT was almost bankrupted by the original
CEO, Daniel C. Montano, and was rescued by
Calvin Wallen, Grant Gordon and then CFO,
Mickael Flaa.
VT had almost $40,000,000 in debt & was
effectively insolvent. The board of directors
who replaced the Dan Montano cronies
rehabilitated VT so that today the company has
almost zero debt and an comprehensive patent
portfolio. Under the disasterous management
of Dan Montano, the company had zero
patents.
Our Approach in Science and Technology:
Venturis Therapeutics, Inc. is a clinical stage
biopharmaceutical company advancing novel
therapeutics to address diseases such as
diabetic wounds, severe ischemic heart disease
and
peripheral artery disease. Our pre-clinical
therapeutic programs include erectile
dysfunction,
infarct stroke, degenerative disk disease and
Parkinson’s Disease.
Venturis Therapeutics, Inc. is focused on
targeted delivery of next generation
molecules which will improve the quality of life
for those suffering from vascular dysfunction.
We employ human proteins from the Fibroblast
Growth Factor family. Our lead candidate
stimulates the growth of new blood vessels when
administered to ischemic organs and
tissues. These anatomical targets are shown in
our pipeline section of the website.
www.vt.care
VENTURIS THERAPEUTICS (VT) OVERVIEW
VT was almost bankrupted by the original
CEO, Daniel C. Montano, and was rescued by
Calvin Wallen, Grant Gordon and then CFO,
Mickael Flaa.
VT had almost $40,000,000 in debt & was
effectively insolvent. The board of directors
who replaced the Dan Montano cronies
rehabilitated VT so that today the company has
almost zero debt and an comprehensive patent
portfolio. Under the disasterous management
of Dan Montano, the company had zero
patents.
Our Approach in Science and Technology:
Venturis Therapeutics, Inc. is a clinical stage
biopharmaceutical company advancing novel
therapeutics to address diseases such as
diabetic wounds, severe ischemic heart disease
and
peripheral artery disease. Our pre-clinical
therapeutic programs include erectile
dysfunction,
infarct stroke, degenerative disk disease and
Parkinson’s Disease.
Venturis Therapeutics, Inc. is focused on
targeted delivery of next generation
molecules which will improve the quality of life
for those suffering from vascular dysfunction.
We employ human proteins from the Fibroblast
Growth Factor family. Our lead candidate
stimulates the growth of new blood vessels when
administered to ischemic organs and
tissues. These anatomical targets are shown in
our pipeline section of the website.
www.vt.care
VENTURIS THERAPEUTICS OVERVIEW
Our Approach in Science and Technology:
Venturis Therapeutics, Inc. is a clinical stage biopharmaceutical company advancing novel
therapeutics to address diseases such as diabetic wounds, severe ischemic heart disease and
peripheral artery disease. Our pre-clinical therapeutic programs include erectile dysfunction,
infarct stroke, degenerative disk disease and Parkinson’s Disease.
Venturis Therapeutics, Inc. is focused on targeted delivery of next generation
molecules which will improve the quality of life for those suffering from vascular dysfunction.
We employ human proteins from the Fibroblast Growth Factor family. Our lead candidate
stimulates the growth of new blood vessels when administered to ischemic organs and
tissues. These anatomical targets are shown in our pipeline section.
vt.care
Venturis Therapeutics (VT) is
a biotechnology company based
in Dallas, Texas. VT has pivotal trials
ongoing in Ischemic Heart Disease &
Diabetic Foot Ulcers.
VT has a comprehensive patent
portfolio protecting its therapeutic
programs.
Venturis Therapeutics (VT) is
a biotechnology company based
in Dallas, Texas. VT has pivotal trials
ongoing in Ischemic Heart Disease &
Diabetic Foot Ulcers.
VT has a comprehensive patent
portfolio protecting its therapeutic
programs.
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