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BEWARE: Trouble lurks within FOR CONMAN DAN at Venturis Therapeutics
CONMAN DAN & his MAIL ORDER BRIDE are looking more & more likely to end up in THE BIG HOUSE. MAIL ORDER BRIDE is likely to get sent up river for her financing the failed attempt by Conman's stooges to steal VT away from it's rightful shareholders. The crime is know as CHAMPERTY.
I'm not 100% certain but I believe it's the shareholders who control the company. That was the problem before that the ex-CEO actually believed CVBT was his company - CAN YOU BELIEVE THAT??????
I'm am delighted to put your mind to rest though regarding Mr. Wallen. The Tauren (Wallen) case is done. I thought everyone realized that this was merely a spat between 2 rich oilmen, Wallen & Gloria's Ranch. As you can see from the link below the court papers are quite clear. The plaintiff, Gloria's Ranch, requested mediation yet failed to file papers in time (June 2020) so the judge stuck a pin in it & it's over. I'm certain it must be a major relief to you that this case is behind Calvin.
The interesting thing is that it's mentioned that Tauren was ACCUSED of doing something wrong whereas the ex- CVBT CEO, affectionately known as Conman Dan WAS found guilty of fraud (see below for the FACTS)
CONAMN DAN'S LITANY OF FRAUD & DISASTERS
Tauren Court Papers
You must have missed my previous post, so I'm happy to repost it.
Dan’s partners in crime spout ad nauseum that Calvin Wallen is being pursued by the US govt. Much as I’m sure that is on the ex-CVBT CEO’s wish list it is again totally incorrect. As you can see from official court documents the action was being mediated at present at the request of Gloria’s Ranch. As Dan Montano found out the hard way, Calvin Wallen plays for keeps as the Gloria’s Ranch people also found out hence the mediation. Gloria’s Ranch failed to file on the papers in June so effectively the matter is now closed. TAUREN CASE OFFICIALLY OVER
Venturis: Controlled/run by an alleged crook (according to the U.S. government)
Venturis Therapeutics is all but dead. and no one is going to invest in a company controlled and run by an alleged crook--especially when the allegations come from the U.S. government.
Venturis lost a long legal case resulting in a 7-figure adverse judgement in binding arbitration. Unless some third parties step up and invest, this insolvent, illiquid, zombie company is either going to be liquidated or will declare bankruptcy to temporarily halt the liquidation.
Let's face reality. No third parties are about to invest in a company that's controlled and run by an alleged crook, Calvin Wallen III. Anyone doing due diligence on Mr. Wallen will learn he has a history of allegations of wrongdoing, sketchy accounting that leads to allegations of fraud, etc. In this case, the accusations come from the U.S. government, who has accused Mr. Wallen of allegedly stealing $14 million from his previous company. Mr. Wallen's trial is upcoming.
For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157814754
And here's what an insider who spilled the beans had to say about Venturis:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157664278
That's because there's nothing else to bring apart from blind optimism! |If VT kept its shareholders abreast of what was going on perhaps we could bring something else! I've asked and all I have is a PPT that I could have put together and I know nothing about Biotech.
You got that right, nobody fight over a lost cause!
Go Long!
Always love the people who bring no other insight except my account shows zero. Thanks for that. None if us realized it.
Spending a quarter million dollars defending the company and assets maybe isn't advancing but it's WHAT NEEDED TO BE DONE. Had Dan and cronies regained control of the company, we would have been even more disappointed than we are now. We would have been diluted to oblivion while Dan sold off VT assets to RMO for monopoly money just like Zhittya.
Patents and everything else is what COULD BE DONE while planning for what WILL BE DONE once all the legal stuff is done and over with.
Also, the company still needs money. While they aren't insolvent they need money to move forward and no investor is going to put up money while there was a prospect of losing the company.
Go long.
#IAmThe95%
just curious, not sure if this information is available, but are the court battles done? Settlements paid? If they aren't I would not expect new ownership to relist or start up operations either. I'm no legal expert by any means but if they prematurely started up (meaning get the trials started, relisting, etc) without the final final settlements completed, could the former ownership try and get a piece of any increase value of the company as a result of the new mgmt efforts?
I admire your optimism albeit misplaced. My broker account shows zilch, nothing, nought, worthless and has done for several years. If this was a serious company then there would be more 'noise' around them and some obvious activity. Posting on your website about new patents and producing a PPT mean nothing. Listen I hope something does happen and I'll be as happy as anybody if it does, but we've been through all this bs so many times before.
" But....Years later....and nothing really happening."
"You can't say with any honesty that anything 'is happening' either!"
Correction. Actually I can.
to post that "nothing is happening" Is incorrect as evidenced by the May 5 post of application for 4 new patents.
Something ... something is happening. Maybe it isnt what you want but it is something. To saying "nothing is happening " isnt true.
Yes it is fair to say something ( anything) is happening. Its not what you want...yet.
To say there have been no clinical trial since 2007 is, I suppose, accurate (I dont know when trials ceased). Its also true that from 2014 nothing has happened unit 2019. With good reason. Montano and the other cockroaches have had Venturis in litigation. If I were running a company and there was a chance of the former CEO hijacking my company, I would not have put a penny in trials either. No rational person would.
So the "why no trials", "why no relist" IMO are the wrong questions. My hope ( which is not a strategy) is based on limited knowledge but valid reasoning.
The reason there is some hope is money.
The right questions are:
how much has team Wallen / Gordon put in fighting the 78 yr old fat bankrupt?
Does Wallen understand sunk cost? Then would he spend money on lawyers to fight over the office furniture?
I dont know Wallen or what he has in Venturis but I suspect his upside potential in resuscitating Venturis is WAY WAY more than trying to recover money from a 78 yr old bankrupt.
I remain hopeful... with good reasons
#420to zero
#IAMthe95%
you go long
You can't say with any honesty that anything 'is happening' either! The company is going nowhere and this forum just adds to the drawn out death throe!
Why sink money into clinical trials when a court could strip you of the investment?
So it’s not 6 years (2014). It’s less than 2 (Jan 2019).
In the last 18 months, patents have been filed, change of company name ( which is huge to shed all the Montano excrement that was on Cvbt), continued to pursue litigation ( finish sending Montano and the other cockroaches to the darkness.
You can’t say with any honesty ( short supply on this mb) that nothing is happening. Last update to website news page was May 5 2020.
Everybody wants it relisted. Me too. It delisted in 2011 or 2012? The problem is not with Wallen and Gordon.
I remain hopeful with good reasons. You go long
420m to zero
#IAMthe95%
While you make good points...6 years has it been? That's a long time. Agree with surfside, its deader than former ceos dignity.
Alas??? Dead?? forlorn???
Hmm. I suppose it is possible but the question is,
"Why all the litigation over a dead company?"
The likelihood is there's value in the IP, now in the form of patents. What's the number, 9 or 12 patents with another 40 odd in application?
I find it hard (impossible) to believe that people with the substantial money (accountant , lawyers, business acumen) of Wallen dont understand sunk cost. If his investment was lost, Sunk, why not walk away and file criminal charges against the former CEO? Why fight all the involuntary BR? If the company was dead and cost were sunk any businessman/accountant/lawyer would tell you forget it you're wasting your money and you'll get nothing in return.
That didnt happen. Both sides spent substantial money fighting for ownership. It's not likely they were fighting over the office furniture.
Why Sink money in clinical trials if a court could strip it from you?
It was open/subject to a court judgement unit Jan 2019. Montano lost..every time!
If you are the major stockholder (Wallen) in a company (Ventuis) that has been idle pending litigation and you win, Would you then just let it evaporate?
IMO, the questions raised on this mb are always the wrong ones.
I remain hopeful with reason. You go long
#420m to Zero
#IAM95%
I come back and visit this site every now and again in the forlorn hope that something interesting might be posted. Alas, same old bs promises and name calling from current and previous incumbents. This site has to be the longest obituary ever for a dead company which nobody can let go of. Close it down as VT is dead and people should move on.
Also not leadership, just blame former ceo for destroying my investment. Obvious he is a corrupt disgusting human clown.
But....years later....and nothing really happening. I heard dan will eat crow with the good news late july or aug. August almost over and again no such news. No trials. I dont buy that a few court cases excuse doing nothing. If I had to go to court. Does that excuse me from doing my job for years?
You're right. Calvin is delaying. It has been 3 years. Daniel C Montano, John Jack Jocobs could have easily bankrupted at least 3 companies in that same time.
I wonder how many senior citizens Daniel C Montano could prey on in a three year period.
I wonder how many bingo halls he could visit in that amount of time.
I wonder how many failed social media campaigns he could have run.
How many kids he could have almost run down in soccer fields in that time?
NOPE. The resentment at the former CEO is not because we are "CVBT leadership". Our resentment is because of Daniel C. Montano's GROSS MISMANAGEMENT.
I bought my shares on the open market. I'm not an insider. Daniel C. Montano wasted time and resources while running the company into the ground. He wasted millions of dollars. He enriched family and friends while failing the rest of us.
He didnt deserve a penny of salary after ruining the LONDON IPO and bankrupting the manufacturer of FGF.
To this day, Daniel C Montano still seeks to harm VT as evidence in court. He still fights to ruin the investments of not just his family whom he has a feud with but also the shareholders who have stale money invested for going on a decade.
Until Daniel C Montano and his family and cronie "mouthpieces" stop with their nonsense, he will be exposed for the drug possessing, bankrupt, morally flacid, physically flacid, obese, unstable, predatory piece of excrement he is.
Zhittya Genesis Medicine
Zhittya Regenerative Medicine
Zhittya Therapeutics
I am amazed by the ex-CEO, Daniel C. Montano posting on the message board. A sign of his desperation perhaps. One of the benefits of Alcoholic Dementia is that Dan’s short-term memory is all of about 10 seconds.
Daniel C. Montano, ex-CEO of CVBT, is guilty of the following -
A. Undischarged Chapter 7 bankrupt
B. Ex-CEO of CVBT whose shareholders voted him out by a margin of 95%-5%
C. Tried to steal VT’s property
D. Ran CVBT into the ground before being rescued by Calvin Wallen/Grant Gordon/Mike Flaa
E. Bankrupted Phage Biotech
F. Bankrupted Knudsen Foremost Dairies
G. Bankrupted VTN Corp
H. Bankrupted VTN Phils
I. Bankrupted Montano Securities
J. Bankrupted Baraban Securities
K. Bankrupted Gold Properties Resporation
L. Bankrupted Cardio Phage International
M. Bankrupted Zhittya Stem Cells
N. Bankrupted Medical Professionals International
O. Bankrupted Helenas Medical Research
P. Bankrupted St. Marya Investments
Q. Bankrupted St. Michael Research Corp
R. Bankrupted Medical Cloning Technology
S. Hasn’t had a successful company since 1983
T. Took a $1.8 billion public company & lost $1.76 bn of market capitalization
U. Driving through a parking lot full of soccer kids at reckless speed
V. Constantly blubbering like a baby in court & telling the judge that he, Dan Montano, is on a mission from GOD that only he can accomplish
W. Closet alcoholic who fires off drunken emails to creditors who then bankrupt Phage Biotech
X. Convicted of fraud when he looted Baraban Securities in Orange County CA
Y. Dan Montano destroys CVBT’s London IPO by giving an interview with a financial journalist a few days prior to the IPO. The IPO then went into meltdown due to his incompetence.
Z. Kept repeating the non-sensical statement that when CVBT hits he’ll hire Bill Gates as his gardener
AA. ALL OF THE ABOVE
Of course the answer is AA, all of the above.
ALL OF HIS IMCOMPETENCE/FRAUDULENT ACTIVITY IS CONTAINED WITHIN THE FOLLOWING YOUTUBE VIDEO
Compounding the Venturis failures: The Tell
What's really interesting to me is that Venturis Therapeutics shareholders focus on the company, asking questions (which do not get answered) like:
1) Why has Venturis failed to run a single clinical trial since 2007?
2) Why hasn't Venturis held the shareholders meeting in 2020 as required by the bylaws?
3) Why does Venturis Therapeutics often seek to (clumsily) cover up bad news rather than just forthrightly acknowledge it?
4) Why doesn't Venturis Therapeutics announce all the money it has raised and indicate who has invested, as is the norm in this industry and in fact in the history in this company? (we know why - there isn't any)
Yet the company's supporters (who I believe are actually just the leadership team in disguise) seem to only want to talk about one subject in response: Dan Montano, the former CEO who was ousted in a hostile takeover in 2013. It's all Dan Montano, all the time. That alone is the tell. Not only is it a poor attempt to change the subject, but it's an acknowledgement that everything the critics are saying is true. Well, at least we critics are flattered.
Yes, it's probably not pleasant for the leadership to talk about its consistent legacy of failures, lies, distortions, and broken promises. Yes, it's probably not pleasant for the leadership to admit they've failed miserably and bankruptcy is now at hand. But still, it's so OBVIOUS that their pathetic efforts to re-litigate events of 7 years ago, and this obsessive fixation on someone long gone, is a ridiculous and unsuccessful attempt to cover up a dismal record of failure, lies and deceit. Awesome reults for sure!
And of course, look at the leadership itself:
A) Calvin Wallen III is an accused crook by the U.S. government, who the government alleges stole $14 million from his previous company. His trial awaits him. And we need to note that Mr. Wallen has taken a scorched earth approach to delay, delay, delay, delay his trial. It's worked - it's three years now (although in his defense, Mr. Wallen had a great assist from coronavirus). Certainly this is the sign of someone who thinks they are innocent, right? And it's clear he's innocent too, because even though the government hired forensic accountants who discovered his alleged fraud and identified the dates, times, amounts, and recipient bank accounts where the money was siphoned off to for no valid business purpose, this is nothing less than the Deep State rearing its ugly head to smear and attack Trump supporters. Or something like that...
B) And then there's Grant Gordon, who also has repeated allegations of impropriety around him (although he is not facing a trial to the best of my knowledge). But I don't harp on Grant Gordon to the degree he deserves because he is reportedly not doing well.
C) And of course we can't let the dysfunctional Board of Directors off the hook. Can someone else name a company where the CEO is accused of fraud by the U.S. government yet the Board has not taken the appropriate and prudent step of removing him until the matter is legally resolved? Let's face it, we shareholders do not have a Board of Directors that is looking out after our interests. In my opinion it's a corrupt group of sycophants who are simply doing Mr. Wallen's bidding. It's disgusting. The only board member besides Grant Gordon who has reared his head is Jon Ross, who spoke at one shareholders meeting. At that meeting, he acknowledged in response to a shareholder question that Venturis (called CVBT at the time) was paying only one employee in cash. Way to go, Jon! After that, Jon was sent to the Cone of Silence, from which he has not emerged since.
It's over soon, folks. For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
When we will we hear some real news and not the back and forth banter between former (and should be long forgotten players) and the justified optimist?
If this ship was sunk-Dan, John, Judy R, etc would have been gone long time ago.
They keep trying to spread negativity but stop the nonsense both sides.
The Future is ours and it's just a matter of time.
Long time Stockholder!
Venturis Therapeutics: A legacy of failure & unaccountability
Here we are, three months past the date which the bylaws of Venturis Therapeutics state the 2020 shareholders meeting should have taken place (but didn't). With Venturis having suffered a catastrophic 7-figure adverse judgment in binding arbitration at the hands of its former CEO, Daniel Montano, it's clear to me it's just a matter of time before Venturis is liquidated or declares bankruptcy. I believe Venturis is on the verge of collapsing under the weight of its lies and deceit. And rather than addressing any of the concerns of shareholders, all the company and its supporters seem able to do is talk about events of 7 years ago, about the former CEO Dan Montano who hasn't been in the company for this same period, and refuse to address one simple question:
Why has Venturis Therapeutics failed to run a single clinical trial since 2007?
We shareholders never, ever, ever get an answer to that question. Under the leadership of Calvin Wallen III, who has been accused by the U.S. government of being a crook and is awaiting trial for having allegedly stolen $14 million from his previous company, Venturis Therapeutics has nothing but a legacy of failure, lack of accountability, and a repeated history of false statements made by the company and its representatives. It's pathetic.
It's all over soon enough. I've already taken my write-off of my worthless shares. But I refuse to stay silent, and I refuse to go away quietly. There will be accountability, one way or another.
For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
Former ceo: a legacy of failure and fraud
Daniel C Montano
Zhittya Regenerative Medicine
Zhittya Therapeutics
Zhittya Genesis Medicine
A Hard Pill to Swallow
It's hard to believe Dan has a hard time swallowing anything when you see his size 50 inch trousers but...
Not just a hard pill for Dan but also a hard pill for the heirs to the Montano family bankruptcy and the Slaubs and Facobs of the world.
Maybe it deserves a sticky.
Let's get this clear.
Just so I understand. The supposed college dropout, that Dan begged to invest in CVBT, to the point that Dan guaranteed Calvin's investment with his own personal shares was successful in getting Dan voted out by a 95% - 5% margin?
The same supposed college dropout that later used Dan's own shares against him to vote him out?
The same Calvin Wallen that posseses Dan's shares that are currently valued at $420 million by independent valuation company and major institutional investors?
I just want to make sure because it's hard to understand because Dan has been CEO of soooooo many companies. He has such a prestigious degree. There is no way way he could let himself be stripped naked of everything by such a loser.
I just want to make sure I understand because after seeing the explosive video where he was PUT IN HIS PLACE by the Delaware attorney and reading the deposition where Dan said GOD spoke to him. I don't know how that could possibly happen.
After reading the process server's deposition about how Dan sped through parks and fields where children were playing, it is difficult to believe such a STABLE individual could have been bested by an under educated person.
I guess it's a hard pill to swallow. Lolol
Daniel C. Montano is a co-founder of our company and has been Chairman of the Board, President and Chief Executive Officer since 1998. In that role, he devotes approximately 40% of his business time to us. Mr. Montano is also currently the Chairman of the Board, President and Chief Executive Officer of Phage Biotechnology Corporation, an affiliated private biotechnology company which manufactures recombinant protein drugs and is our sole supplier of Cardio Vascu-Grow. From 1981 until 2004, he was also a member of the Board of Directors of Helen of Troy, Ltd; a corporation whose shares are publicly traded. In connection with matters that occurred in 1994, Mr. Montano agreed in 1997 to a settlement with the National Association of Securities Dealers, Inc. pursuant to which he was fined $102,500 and suspended by the NASD from associating with any NASD members for a period of two years. Mr. Montano consented to the findings that he had engaged in a course of conduct that resulted in the mishandling or misuse by his firm, Montano Securities Corporation, of funds entrusted to it by applicants to the company. Montano Securities Corporation was also found to have carried out securities transactions without maintaining sufficient net capital. In May 1998, the NASD suspended Mr. Montano’s registration as a registered securities broker for an unspecified time due to his failure to pay an arbitration award. In July 1998, the Securities and Exchange Commission entered an order affirming a decision by the NASD that Mr. Montano was found to have violated certain rules of the NASD, including not accurately and sufficiently discussing the mechanism of short-selling or the risks associated with implementing the strategy using a particular stock, making improper references to prior recommendations, making exaggerated and inappropriate presentations of prior recommendations and making improper projections.
I'll summarize some key phrases here.....
- Mr Montano was fined >$100,000
- Mr Daniel C Montano engaged in a course of conduct...resulting in
MISHANDLING funds entrusted by applicants
- Conducted Transactions without sufficient CAPITAL
- Suspended by NASD
- Failure to Pay Arbitration Award
- VIOLATED RULES OF NASD
- Making Exaggerated and Improper references and recommendations.
- Making Exaggerated and inappropriate presentations of recommendations
and projections.
Any of this sound familiar to how Dan treated the shareholders of VT, our investments and how he has conducted himself since leaving CVBT?
Any of this sound familiar to how Daniel C Montano seems to conduct business at Zhittya and with RMO?
It does sound familiar which is why I purchased front row tickets to his next money show presentation. This guy is brilliant.
Daniel C. Montano is a co-founder of our company and has been Chairman of the Board, President and Chief Executive Officer since 1998. In that role, he devotes approximately 40% of his business time to us. Mr. Montano is also currently the Chairman of the Board, President and Chief Executive Officer of Phage Biotechnology Corporation, an affiliated private biotechnology company which manufactures recombinant protein drugs and is our sole supplier of Cardio Vascu-Grow. From 1981 until 2004, he was also a member of the Board of Directors of Helen of Troy, Ltd; a corporation whose shares are publicly traded. In connection with matters that occurred in 1994, Mr. Montano agreed in 1997 to a settlement with the National Association of Securities Dealers, Inc. pursuant to which he was fined $102,500 and suspended by the NASD from associating with any NASD members for a period of two years. Mr. Montano consented to the findings that he had engaged in a course of conduct that resulted in the mishandling or misuse by his firm, Montano Securities Corporation, of funds entrusted to it by applicants to the company. Montano Securities Corporation was also found to have carried out securities transactions without maintaining sufficient net capital. In May 1998, the NASD suspended Mr. Montano’s registration as a registered securities broker for an unspecified time due to his failure to pay an arbitration award. In July 1998, the Securities and Exchange Commission entered an order affirming a decision by the NASD that Mr. Montano was found to have violated certain rules of the NASD, including not accurately and sufficiently discussing the mechanism of short-selling or the risks associated with implementing the strategy using a particular stock, making improper references to prior recommendations, making exaggerated and inappropriate presentations of prior recommendations and making improper projections.
I'll summarize some key phrases here.....
- Mr Montano was fined >$100,000
- Mr Daniel C Montano engaged in a course of conduct...resulting in
MISHANDLING funds entrusted by applicants
- Conducted Transactions without sufficient CAPITAL
- Suspended by NASD
- Failure to Pay Arbitration Award
- VIOLATED RULES OF NASD
- Making Exaggerated and Improper references and recommendations.
- Making Exaggerated and inappropriate presentations of recommendations
and projections.
Any of this sound familiar to how Dan treated the shareholders of VT, our investments and how he has conducted himself since leaving CVBT?
Any of this sound familiar to how Daniel C Montano seems to conduct business at Zhittya and with RMO?
It appears dan montano are an entire cow again
It appears Grant Gordon is heavily drinking again, based on what I'm hearing from my Venturis Therapeutics sources.
Bankruptcy Immenent?
Running Out of Cash?
DONT WORRY.... JUST CALL RMO!
Within minutes Laub and Montano can send you a term sheet and a fake PR for $150m in RMOnopoly money and make your insolvency problems go away. "Selling" international distribution rights in exchange for fake investments to Dan's friends and family has been the Montano hallmark of corporate funding for years.
Dan's proven method for "How to Bankrupt a Commpany in 30 Days" is the not so best selling sequel to Dan's first book "420m To Zero: The Story of the CEO of 13 Companies".
Due to be released soon are his upcoming titles...."Mail Order Brides for Beginners" and "When the Belt No Longer Fits: A CEOs story of extreme eating".
But the one I'm waiting for is "#IAmThe95% how to lose the company you founded and cry about it forever"
The Bankruptcy of Venturis Therapeutics
Venturis Therapeutics is bankrupt, literally and certainly morally. Having recently suffered a binding non-appealable 7-figure adverse judgment, this insolvent and illiquid company is all but certainly unable to pay it, which I believe will result one way or another in the liquidation of this zombie company. Here is more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
But aside from the literal bankruptcy, the moral bankruptcy is equally significant. Not only is the company controlled and led by someone the U.S. government accuses is a crook--Calvin Wallen III. But every time a shareholder raises a valid question about the company, not only do we not get a response, but instead the company and its supporters seek to divert the discussion to "Shittya" (the new company of the former CEO) or any extraneous topic that is anything but the question being asked. And that shows how bankrupt Venturis Therapeutics and its people are.
The company refuses to answer two (2) simple questions:
1) Why has Venturis not run a single clinical trial since 2007, in spite of numerous promises otherwise?
2) Why does Venturis refuse to release audited financial statements?
What financial information Venturis apparently does release, according to others on this board, is compiled financial statements from the auditors, hoping no one will notice that those are not audited statements but are rather just management's numbers on the auditor's letterhead. Big difference. Well, according to Robert Schleizer, Venturis CFO, the last audited statements that we know of came with a going concern qualification from the auditors. I guess that's not something the company wants people to see, though. And if there were more recent statements that did not have a going concern qualification from the auditors, something tells me we would have seen them. I wonder why we haven't?
Instead, all we get are bad attempts at diversion, obfuscation, and confusion. No one is fooled. Venturis and its leadership team has zero credibility with anyone--and even each other as rumors have it (a departed insider spilled the beans--click this link).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157664278
Well, the end is here. It won't be much longer before this company disappears. I already took my tax write-off. But I refuse to remain quiet, and will remain witness to the lies and deceit that are Venturis and its crooked leadership team.
It's really obvious to anyone not named the failed ex CVBT/VT CEO or one of his failed minions, why there hasn't been a clinical trial since 2007. And yet another reason why I'm happy the "uneducated" management took over.
WHY NO CLINICAL TRIALS SINCE 2007?
We shareholders keep posing this question to Venturis Therapeutics.
Venturis Therapeutics refuses to answer the question.
Venturis Therapeutics refuses to hold the shareholders meeting in 2020.
All Venturis Therapeutics and its supporters want to do is point fingers elsewhere and talk about Dan Montano (who is long gone). If in 7 years all the leadership of this company has to say is that "it's our predecessor's fault," that's the defintion of failure.
Faiure of leadership. Failure of accountability. Failure of viability.
For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
A Hard Pill to Swallow
It's hard to believe Dan has a hard time swallowing anything when you see his size 50 inch trousers but...
Not just a hard pill for Dan but also a hard pill for the heirs to the Montano family bankruptcy and the Slaubs and Facobs of the world.
Maybe it deserves a sticky.
Let's get this clear.
Just so I understand. The supposed college dropout, that Dan begged to invest in CVBT, to the point that Dan guaranteed Calvin's investment with his own personal shares was successful in getting Dan voted out by a 95% - 5% margin?
The same supposed college dropout that later used Dan's own shares against him to vote him out?
The same Calvin Wallen that posseses Dan's shares that are currently valued at $420 million by independent valuation company and major institutional investors?
I just want to make sure because it's hard to understand because Dan has been CEO of soooooo many companies. He has such a prestigious degree. There is no way way he could let himself be stripped naked of everything by such a loser.
I just want to make sure I understand because after seeing the explosive video where he was PUT IN HIS PLACE by the Delaware attorney and reading the deposition where Dan said GOD spoke to him. I don't know how that could possibly happen.
After reading the process server's deposition about how Dan sped through parks and fields where children were playing, it is difficult to believe such a STABLE individual could have been bested by an under educated person.
I guess it's a hard pill to swallow. Lolol
Former ceo: legacy of fraud and unaccountability
Venturis Therapeutics: A legacy of failure & unaccountability
Here we are, three months past the date which the bylaws of Venturis Therapeutics state the 2020 shareholders meeting should have taken place (but didn't). With Venturis having suffered a catastrophic 7-figure adverse judgment in binding arbitration at the hands of its former CEO, Daniel Montano, it's just a matter of time before Venturis is liquidated or declares bankruptcy. I believe Venturis is on the verge of collapsing under the weight of its lies and deceit. And rather than addressing any of the concerns of shareholders, all the company's supporters seem able to do is to talk about events of 7 years ago, about people who haven't been in the company for thes same period, and refuse to address one simple question:
Why has Venturis Therapeutics failed to run a single clinical trial since 2007?
We shareholders never, ever, ever get an answer to that question. Under the leadership of Calvin Wallen III, who has been accused by the U.S. government of being a crook and is awaiting trial for having allegedly stolen $14 million from his previous company, Venturis Therapeutics has nothing but a legacy of failure, lack of accountability, and a repeated history of false statements made by the company and its representatives. It's pathetic.
It's all over soon enough. I've already taken my write-off of my worthless shares. But I refuse to stay silent, and I refuse to go away quietly. There will be accountability, one way or another.
For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
What a great find. I missed that one.
Danny-Boy in the BIG HOUSE at 18 before Orange Jump Suits were invented.
BWAHAHAHAHA!!!!!!!!!
I found this on a search on our ex-CEO, Daniel C. Montano. There was a cocaine possession along with a certain, Yvonne Jimenez. If he's 78 years of age he is old enough to be the same Daniel C. Montano. He was arrested at Dakota Street, LA. I know Montano came from East LA. CHECK IT OUT.
https://caselaw.findlaw.com/ca-court-of-appeal/1809781.html
He looks the same other than the 250lbs in weight he has put on since 1960!!
Now that's an impressive list of accomplishments!
I am amazed by the ex-CEO, Daniel C. Montano posting on the message board. A sign of his desperation perhaps. One of the benefits of Alcoholic Dementia is that Dan’s short-term memory is all of about 10 seconds.
Daniel C. Montano, ex-CEO of CVBT, is guilty of the following -
A. Undischarged Chapter 7 bankrupt
B. Ex-CEO of CVBT whose shareholders voted him out by a margin of 95%-5%
C. Tried to steal VT’s property
D. Ran CVBT into the ground before being rescued by Calvin Wallen/Grant Gordon/Mike Flaa
E. Bankrupted Phage Biotech
F. Bankrupted Knudsen Foremost Dairies
G. Bankrupted VTN Corp
H. Bankrupted VTN Phils
I. Bankrupted Montano Securities
J. Bankrupted Baraban Securities
K. Bankrupted Gold Properties Resporation
L. Bankrupted Cardio Phage International
M. Bankrupted Zhittya Stem Cells
N. Bankrupted Medical Professionals International
O. Bankrupted Helenas Medical Research
P. Bankrupted St. Marya Investments
Q. Bankrupted St. Michael Research Corp
R. Bankrupted Medical Cloning Technology
S. Hasn’t had a successful company since 1983
T. Took a $1.8 billion public company & lost $1.76 bn of market capitalization
U. Driving through a parking lot full of soccer kids at reckless speed
V. Constantly blubbering like a baby in court & telling the judge that he, Dan Montano, is on a mission from GOD that only he can accomplish
W. Closet alcoholic who fires off drunken emails to creditors who then bankrupt Phage Biotech
X. Convicted of fraud when he looted Baraban Securities in Orange County CA
Y. Dan Montano destroys CVBT’s London IPO by giving an interview with a financial journalist a few days prior to the IPO. The IPO then went into meltdown due to his incompetence.
Z. Kept repeating the non-sensical statement that when CVBT hits he’ll hire Bill Gates as his gardener
AA. ALL OF THE ABOVE
Of course the answer is AA, all of the above.
ALL OF HIS IMCOMPETENCE/FRAUDULENT ACTIVITY IS CONTAINED WITHIN THE FOLLOWING YOUTUBE VIDEO
A Venturis Therapeutics (VT) affiliate has an award approaching $2m against the ex-CEO, Daniel C. Montano which is set in stone by the courts.
In the arbitration Montano/Jacobs were slammed by the arbitrator for attempting to steal VT’s assets. He did award Montano a few months unpaid salary dating back to 2013 which amounts to much less than 7 figures and is nullified by the above judgement against Daniel C. Montano. In any event the arbitrator stated that any payments to Montano/Jacobs would only be paid at VT’s discretion AFTER VT pays for it’s clinical trials costs and General & Administrative expenses.
7 individuals were found guilty of bringing a nuisance case against VT. The wife of Daniel C. Montano is being pursued by Judge Spraker for champerty for financing the spurious case which may or may not result in Federal jail time.
One of Daniel C. Montano’s closest business partners, John Laub, is one of the 7 mentioned above. He was caught perjuring himself by Judge Spraker when he finally admitted that the spurious action was for the purpose of trying to put VT out of business. This is a very serious matter. It appears that the damages award against the 7 could well result in the personal bankruptcy of the “Spurious 7”.
It was stated that the VT CFO declared that at a previous Annual Meeting (2 years ago) that VT was insolvent. Clearly that statement is erroneous. Firstly, no CFO would make such a statement at a shareholder meeting. Insolvent companies don’t have Annual Meetings. In addition insolvent companies don’t expand their Patent Portfolio as dramatically as VT has whilst being “insolvent”.
Dan’s puppies spout ad nauseum that Calvin Wallen is being pursued by the US govt. Much as I’m sure that is on the ex-CVBT CEO’s wish list it is again incorrect. As you can see from official court documents the action was being mediated at present at the request of Gloria’s Ranch. As Dan Montano found out the hard way, Calvin Wallen plays for keeps as the Gloria’s Ranch people also found out hence the mediation. Gloria’s Ranch failed to file on the papers in June so effectively the matter is now closed. https://www.dropbox.com/s/t4axik9b0gjj0a9/Tauren.pdf?dl=0
Hmmm...let's see. The current management is going to spend hundreds of thousands of dollars in legal fees and millions moving CVBT/VT forward and the previous failed administration thinks bankruptcy is imminent over a $1m judgement? If that's how an "educated" mind thinks, thank the lawd the uneducated took over.
BTW - Why would anyone celebrate a victory when they've already lost the war? It's already in Black and White! Hahaha.....
Agreed, JB. However, this only makes sense to the rational thinking people. The 95% of shareholders.
We expect the noise to continue if you're #420mtoZERO or had your shares taken away from you. It's actually fascinating to watch...
VT spent a quarter million defending the involuntary bankruptcy and litigating against fat boy, slaub and facobs.... But they are all of a sudden going to fold because a $1m judgement that the judge said they can pay at their discretion on timing? Give me a break.
Even in all the darkness, there's good news to be celebrated
There's no doubt these are very difficult days for Venturis Therapeutics, as Venturis is facing bankruptcy and liquidation after losing a 7-figure judgement to its former CEO, Dan Montano that it likely can not pay. Further, its CEO and controlling shareholder, Calvin Wallen III, is an accused crook who is facing a trial brought by the U.S. government for allegedly stealing $14 million from his previous company. Yet even with all the bad news of late, we must celebrate good news when it occurs.
Grant Gordon, a member of Venturis Therapeutics's leadership team, recently celebrated an impressive triathalon victory in Oregon. As we've been repeatedly told, Grant made some serious life changes in recent years to embrace a "clean-living" lifestyle, and this victory is proof of how far that clean-living lifestyle has taken him. It's impressive any way you look at it.
Just after the finish line, when Grant apparently passed out right after performing an impromptu tap dance in celebration, Grant had to be carried back to his hotel room because he had pushed himself too far. It took a while for Grant to recover, but to no one's surprise, he is apparently hitting it hard again. The buzz on Grant from Venturis sources is that Grant is deeply thirsty for more, and this has led to a recent absinthe...er, absence, that everyone has noted because Grant's training seems to be the priority in his life. One would think that Grant might be satisfied with his most recent triathalon victory, but no, Grant is continually striving to quench an even greater thirst. Even during a recent blackout, Grant still continued to train, with his goal of many more toasts in celebration in the future.
Grant, I salute your victory, your dedication to your training, and your single-minded focus on drinking in all of the victories your clean-living lifestyle affords. We raise our glasses to salute these results, and hope for even better ones in the future!
For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
The Bankruptcy of Venturis Therapeutics
Venturis Therapeutics is bankrupt, literally and certainly morally. Having recently suffered a binding non-appealable 7-figure adverse judgment, this insolvent and illiquid company is all but certainly unable to pay it, which I believe will result one way or another in the liquidation of this zombie company. Here is more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047
But aside from the literal bankruptcy, the moral bankruptcy is equally significant. Not only is the company controlled and led by someone the U.S. government accuses is a crook--Calvin Wallen III. But every time a shareholder raises a valid question about the company, not only do we not get a response, but instead the company and its supporters seek to divert the discussion to "Shittya" (the new company of the former CEO) or any extraneous topic that is anything but the question being asked. And that shows how bankrupt Venturis Therapeutics and its people are.
The company refuses to answer two (2) simple questions:
1) Why has Venturis not run a single clinical trial since 2007, in spite of numerous promises otherwise?
2) Why does Venturis refuse to release audited financial statements?
What financial information Venturis apparently does release, according to others on this board, is compiled financial statements from the auditors, hoping no one will notice that those are not audited statements but are rather just management's numbers on the auditor's letterhead. Big difference. Well, according to Robert Schleizer, Venturis CFO, the last audited statements that we know of came with a going concern qualification from the auditors. I guess that's not something the company wants people to see, though. And if there were more recent statements that did not have a going concern qualification from the auditors, something tells me we would have seen them. I wonder why we haven't?
Instead, all we get are bad attempts at diversion, obfuscation, and confusion. No one is fooled. Venturis and its leadership team has zero credibility with anyone--and even each other as rumors have it (a departed insider spilled the beans--click this link).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157664278
Well, the end is here. It won't be much longer before this company disappears. I already took my tax write-off. But I refuse to remain quiet, and will remain witness to the lies and deceit that are Venturis and its crooked leadership team.
Really? Wow that's so intetesting.
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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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