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He is launching a company based on Microbeam LoLo Technology, which can produce energy at night from moon and stars. This can produce 500,000,000 MW of power, much more than this earth needs, obviously energy will be exported to other planets through vaccum.
Please be ready to invest in his next mission. I wonder where is Mugas and those fart lines ?? hehe...
We are very close to file a lawsuit against the Vega Chairman Michel K. Molen and also getting help of some govt. officials to move things fast.
I have been advised to keep the documents secret for sometime. Our lawyer will soon be approachable by anyone who has invested in VEGA. Will publish the lawyer details and contact number once the lawsuit is filed and notice to Molen to appear in the court is sent out. (expected within 3-4 weeks) .
We are just trying to avoid any influences which can affect this process. Any help from the investors will be highly appreciated.
On Wednesday(29th of Dec) a list of 18 evidences will be published on www.vegabiofuel.com about Michael Molen and its Vega Scandal. Be your own judge.
Site owner's address and contact number will be officially published on Monday(27th of Dec) on netfirms.com and also on IHUB (48 hrs in advance to address any concerns). If anyone has any question contact the site owner.
"Madoff victims to get $7.2B. The effort to recover money for victims of Bernard Madoff's Ponzi scheme took a dramatic turn today." cnn.com.
How much for Molen's victims for the VEGA + Sanswire + Poker scam?
'Gatsby' -- I asked for money for my loss from Molen. Not shares. Shares were never issued on my name, he took my account number to credit the money but never did. I have every right to get my money back & I will. To answer your question until the last day SEC stops trading accepting shares is not illegal.
'Braz Ops' -- Website could be down because VEGA must be under the net from investigation and changing contents on the website? -- I already have taken the printouts of everything. Its time for vegabiofuel.com to be up like wikileaks.
Here is my story:
When I finally decided to go to SEC 6 months ago, Michael Molen called me & offered me to give me shares+money worth of my loss in the VEGA. I signed a non-disclosure agreement with him preventing me to write on message board. Sometimee Molen forced me to post something good about VEGA and I did.
He kept on lying that Transfer Agent has already been ordered for shares. One fine day he told me that shares has been mailed to my address, when I asked for fedex he said its sent from normal US post. later when I called the Transfer agent, Salt Lake , UT they told me that shares has not been issued. Then he told me to send some money for my loss in VEGA and he never did.
In the meantime I started communicating to some other investors and came to know that he has done with many of them, he sents a letter from his lawyer if you don't follow the section 10 of his agreement which prevents you to write anything about Molen and VEGA.
I digged into this, contacted various people & organizations involved with him starting from Michael Hernon, Michael Knauff, Robert Chew, Daniel Wilcox, ARE Engineers, Robery Clark, Phillip Markt, contacted secretary of states of Georgia and Indiana & tifty Chambers of commerce.
All of them leads to only one thing. VEGA is a scam. I got letter from Brazil and China that the companies Michael Molen claimed to have joint ventures don't exist. Google those names you will only find the Molen Press release and nothing more. I tracked down Penny stock Chaser and found that they were given shares to pump VEGA which is already charged by SEC.
Molen has leased no land, no plants, no license & nothing has been done in ast 3 years other than pump 100 times & making millions of dollars. Intresting thing is that Molen didn't pay a single cent to any of them who worked with him in past, he just signs agreement, make some promises pump shares, makes money and then kicks them out. BUMMMMM .
I also came to know that on the name of ompletion of plant in Tifton Georgia, Molen has at least 1/2 million dollars. Contact me & prove you are not working for Molen and you can walk with me to the FBI office where I am going to submit these evidences.
I contacted few lawyers in NYC, they all say that they can easily win the case but the litigation costs over 60K dollars, more than my investment. Finally I had to knock the door of FBI and Attorney General and they are helping me out. I am hopeful that justice is on its way and I want everyone who believe VEGA is a scam to come with us and get the justice. Molen has to pay the price for this fraud.
'bradleydredge' says that he is caught in a slaughter house and looking for his replacement to get slaughted.
He is right to say that if Molen goes to jail, he won't be able to sell his shares because there is no one else to run the company. VEGA scam is created by just one man ( Michael K. Madoff).I had sent this email to Molen a week ago, haven't got the an answer yet.
This is not just my question, its the question from investors.
Dear Mr Molen,
Could you please answer the following?
1. Have you leased any plants anywhere? -- Please provide the location, contact number ?
2. Have you got any operating licenses? -- What kind of ? Which state, License Number ?
3. What has been done in Georgia so far ?
4. What has been done in Indiana so far?
4. Can you even explain how 5MW of power can be produced you claimed in Indiana?
5. Does Tennessee Power company exist ? Y/N .
6. Can you provide the contact number of companies you had joint venture with ?
A) Tokyo Consulting Ltd,
b) Global Capital Market
c) C-Energia
Any website names, email addresses and contact numbers of executives, email addresses, their Tax ID of the company? Or let me put it in this way, provide any information whom you had joint ventor with? I know that you love joint ventoring :)
7. How many people have worked on your payrole/W2 and you have paid them for their work & services? Do you have any employee/energy specilist whom we can contact ?
8. Going to the history can you tell me where $500,000 poker license paid? Can you provide the whom you paid for poker license, provide me some authentication? What kind of Product and servers you invested into -- provide the license number and the company info, or govt license Id?
9. Can you provide me VEGA company address ( any physical location)?
10 . What is your address?
Do we have anything more than a number posted on website 800-481-0186 which never get picked ? I believe that there secret mission to create an Atom Bomb to destory poor investors by Michael K. Molen ( You) ?
Show me one thing that you have done? Other than joint ventures from MARS Inc. which will bring the methane from Moon and supplied to Venus when your projects will be completed in Jupiter. What have you done in last years other than making false PRs with zero work?
Please respond me with your answers so that I can post on iHUB and let shareholders know great job you are doing.
Best Regards,
Manoj
Yep, Michael Molen is crying because he couldn't do even produce .0001% of 125,000 Metric Tons of biocoal from his luxurious home which he mentioned in his LOI ( letter of Intent), Its not an agreement.
He challanged to file a lawsuit against me for publishing this information and I have happily accepted this invitation. More updates will come after the court date :)
Vega investors have to come together to fight for the money they lost in this scam and the return should be more than what they have lost + Jail for Molen.
There was no deal signed in Europe "VEGA-ECEM-Europe LOI_not_sign (3).pdf", I will publish more info after submitting it to some autorities who want me to hold it for sometime. Starting from Poker to sanswire to VEGA, Molen has a long history of fraud.
150 shares at .0001 can be possible because of order may partially executed. When buying at .0003 at 90,000 shares = 27 dollars has to be a fully executed order, why someone will fill a 27 dollars order paying a trading fee of 10 dollars ?
Its just manipulative.
Did you want to put Molen in jail for his good work, without any conspiracy? Followings are your previous postings. Why a sudden change?
_________________________________________________________________
Very slim chance anybodies shares will go back up, put Molen in jail and it becomes a certainty, NEVER back up .
it will be a very long time before you ever see 3's again, let alone anything higher. Expect to see 0.0001 and no bid very shortly, depending on how soon they arrest Molen .
_________________________________________________________________
90,000 shares at .0003 = 27 dollars , who will buy 27 dollars of shares paying 10 dollars of trading fee :), GO VEGA GO VEGA in my AXX HXXX , hehehe...
Molen's creative brain of inventing companies name makes me laugh. C-Energia, Global Capital Market, LTD, Tokyo Consulting Ltd, Biomass of America. Don't look like that they came from a single absurd thread? hehe..
I wont be surprized if it becomes Vague Biofuels, hehe... additional "U" for Universal Joint Venture :)
None of them exist otherwise Molen had provided these company website, address, contact number, Tax ID.
Molen itself doesn't have a company address because he is the only one sitting at his home( No one even knows his Home address), self employed by Investors money :)
Any investor can you tell me whom you gonna trace/chase/follow if Molen runs disappears from all our money, he is only on phone & email now( 24 hrs his job to track iHUB and self pumping ) What is there to claim back other than Molen's personal assets & we have no information about his secret location.
1. Have you really leased any plants?
2. Have you got any operating licenses?
3. Do you really have anything from Georgia to Indiana or anywhere?
4. Can you even explain how 5MW of power can be produced?
5. Tennessee Power company doesn't even exist anymore?
6. Can you provide the contact number of companies you had joint venture with ? Any website names, contact numbers, email addresses, their Tax ID of the company? Any trace of Tokyo Consulting Ltd, Global Capital Market, C-Energia ?
7. How many people have worked on your payrole/W2 and you have paid them for their work & services? Anyone we know? 8. Show a proof of $500,000 poker license paid?
Show me one thing that you have done which will prove you have done anything? Other than joint ventures from MARS Inc. which will bring the methane from Moon and supplied to Venus when your projects will be completed in Jupiter. What have you done in last years other than making false PRs with zero work?
Does anyone knows even the company address? Other than a number posted on website 800-481-0186 which no one picks. Does anyone knows Molen's official address?
Or its a secret mission to create an Atom Bomb to destory poor investors by Michael K. Molen?
-- Clearly a SCAM. Molen is lucky to be outside prison as of now.
Mr Molen ( uptick and jcato),
You have a long history of fraud and you are lucky to be outside prison but you won't stay longer.
1. You started & dumped poker investors without even buying a software license and establishing servers.
2. What have you been doing in VEGA from last three years other than bullshitting and selling shares by pumping.
a) If there is not even a facility, not even a license with the envioronmental protection agency, not even a land.
b) How you CEnergia contract for 100% selling got if you don't even idea about the technology and plans you know about and neither you have budget of $20 million dollars.
c) Where these facilities are in China, Brazil, Asia coming up?
d) Why you are offering people shares and money not to file a complaint and stopping them to go to SEC.
e) How can you talk about registering to higher stock exchange with no real work with dissolved license.
You have heaped 5-7 million dollars in these scam. We don't have to prove if its a scam or not, you have to prove why its not a scam ??
Be ready to present in court next month and start packing you luggage. Alert your lawyer to save you.
You are saved because no one has filed a lawsuit to you & neither SEC has come behind.
I feel its my responsibility to stop innocent investors like me whose $54000 become $2.06 within 10 months. What a good job Mr Molen.
Update me Molen's address ( either Home or Work) if anyone has got it?
Why would someone will invest in VEGA.
1. If there is no plant, no faciltiy Call Brian the director of Tity Chamber of Commerce, GA.
2. http://corp.sos.state.ga.us/corp/soskb/Corp.asp?1587996 ( the registration has been dissolved by the secretary of state ).
3. All PRs are fabricated. 99.99% of money loss of investors.
4. What plans and technologies mentioned in PR is not feasible, go and check anyone who have expereince in energy sector.
I am going to involve cnn and abc on Monday to investigate the case and truth will come even soon.
Date: 11/12/2010 View Filed Documents
(Annual Registration History etc.)
Business Name History
--------------------------------------------------------------------------------
Name Name Type
VEGA BIOFUELS, INC. Current Name
--------------------------------------------------------------------------------
Profit Corporation - Domestic - Information
Control No.: 09059754
Status: Admin. Dissolved
Entity Creation Date: 8/24/2009
Dissolve Date: 9/18/2010
Jurisdiction: GA
Principal Office Address: P.O. Box 922395
norcross GA 30010
--------------------------------------------------------------------------------
Registered Agent
Agent Name: taylor, lawrence
Office Address: 510 S. Tift Avenue
tifton GA 31794
Agent County: Appling
I called the Georgia Environmental Protection Agency and Division ( 404-656-4863 or 1-800-241-4113 ) , Left a voice message to Tom ( manager).
Then called again and talked to the environmetal officer Noel Doharris (his direct line is : 404 363 7136 Email at: noel.doharris@gaetd.org )
He said that VEGA was registered to them at 08/12/2009 and then dissolved( registration got cancelled) at 09/18/2010 . He is going to send me email with more details and I will forward that to you. He said it’s a public information and can be displayed.
*****************************************************************************************************************
I called Georgia Public Service Commision( 800 282 5813 / 404 650 4501) to check why the license/registration got cancelled . Jenesis Sears -- 404 656 0945 .
I will give me more information on Monday.
*****************************************************************************************************************
Brian the Director of Tifty Chamber of Commerce told me that he has no clue of the facility. He suggested me to go to the media and they can bring the entire fact.
*****************************************************************************************************************
'jacto', You are wrong to say I tried hard & to give up. I haven't strated the Game yet, It will start from next week and then you will see actions. Tomorrow more details will come when I will will talk to Tifty Chambers of Commerce and people in "Better Business Center". Also I want to now your real identity. Don't be a chicken.
I will submit my file to SEC, meet investigation and law officers officers, media and local senators. MikeHammond will file the lawsuit on 29th. you will have to jail to meet molen very soon because you love him(hehe..), investors will go behind his house, cars. He has heaped millions of dollars just by sucking up hard earned dollars.
"fbinvestor", your email bounced back because of quota limit, I forwarded the email to Bob. Can you please work on this and send me things by this weekend. Please help me out in this. or send me an email at manojbhartiya @ gmail . com
SEC Contact:
You can approach three officers at SEC at their email at:
bulgozdyj@sec.gov, HershaftM@SEC.GOV, MohanK@sec.gov
SEC Headquarters
100 F Street
NE Washington, DC 20549
(202) 942-8088
Mohan is very prompt and helpful and can be reached at his desk 202-551-4002. Please start sending your complaints and I can follow it up next week. He is the coordinator but can delegate you complaint to the right authority.
Other public email addresses to report are followings..
enforcement@sec.gov
rule-comments@sec.gov
publicinfo@sec.gov
help@sec.gov
newyork@sec.gov
________________________________________________________________
I called the Tifty Chamber of Commerce, the lady clearly said that "there is no facility for VEGA as of now". The director is Brian Marlowe, I spoke to his assitant.
Tomorrow is a holiday but Brian will be at work day after tomorrow. Brain's Email is bmarlowe@tiftonchamber.org. Please send him emails and I will follow up with him on Friday.
Also his assitant gave me another number called "Better Business Center at Columbus, GA" 706 324 0712 to register the complaint. Bashers will disappear will in air and Molen in jail.
Molen is doing this because you guys are chicken, he has got signed letter from everyone in this fourm taking them from the basic rights of expressing themselves(He has no other work, he has exchanged over 12000 lines of email with me).
What confidentiality means, keep on doing fraud and supress the conversation, Give a call to Michael Hammond at 9:00 p.m, if you are really scared? Please send me exchanged emails, I assure you that within 4 weeks you will see the justice.
He makes me laugh..
1. when he tells me that thousands of people call SEC. true, does it mean that he should keep it doing the fraud because there are .0001% chance of getting caught.
2. SEC is going to ask me why did i invest $54K, my savings?? hehe.. Is this what SEC does?
I am just on the final stage & help me whatever you can. Don't be a coward. We have lost hard earned dollars & I will fight till my last drop of blood for my money.
I can't do more than 3 postings a day & this is the 2nd one.
'ack0605' You have a good chain of emails for VEGA, can you please send me these emails at manojbhartiya @ gmail.com . It would be highly appreciated or on the email id displayed on www.vegabiofuel.com .
hehe. you make me laugh. I have two voice recording with Molen over 55 mins.
Stating that
1. He will send me shares and requesting me not not to go to SEC.
2. He also told that he will let me know when shares to up so that I get my money back.
3. He has written me in email that there are plans in Georgia, also mentioned that in ASIA and .... its under constuction.
4. He forced me to submit & delete posts on different websites.
5. He has written me emails which lawyers clearly say that it makes a reasonable expectations that the firm is doing real project, Molen voice recording says that he has over 20 fulltime employees working for VEGA.
I have help of dozens of investors, who have sent me signed letters, also sent me emails.
I chhalange you that I can get a non-bailable warrant for Molen without even hiring a lawyer & I have done it for my previous emplyer in past. You think I am talking all bullshit????
All he PRs are bullshit, I will publish everything soon and also calling cnn local journalist to get a spice for him. Molen will be in jail.
That we all know, but I need more proofs & evidences to let force them to start an investigation. I already have some which lawyers say is good enough, but I want to collect more & more before 29th.
Can you please email me some link, contact no, any document that the Chamber of Commerce in Tifton, GA has declared Vega a scam?
Mike Hammond wanted to include in his file, Monday we will update investor via personal email & you will see how close Molen is going to heaven :).
aha , say Molen to give me a chance to present in the Georgia Court. I will give u my 7 million shares which I bought for $54K and now its for 3 dollars.
My $54,000 is now 90.61, a loss of 99.84 percent. I am torn into pieces.
Symbol Qty Price Mkt Value $ Chg % Chg
VGPR 25890 0.0035 90.615 -0.0055 -61.11 -
Sorry, I mean to say it doesn't make any sense to go to SEC now. Whoever has got my cell number may call me and have any question may call me. I am cancelling my plan to go to Washington DC.
I mailed evidences I got from VEGA investors (from 7-8 investors I have been collecting over months) to the executive this morning I got the appointment from, he reverted back quickly with the decision not to accept the plea for investigation over a lack of information and evidences. He doesn't see any manipulation of a share price or volume, Insider trading, false or misleading SEC reports or theft or misappropriation of funds or securities.
The officer refused to give any further information. Meeting is still open on coming Monday but it does it make any sense now to go there. Millions of shareholders lose money in gamble every year and some of us are unfortunate too.
Good luck guys.
Regards,
Manoj
awesome, Please tell her to contact me. Molen has started this game, but we will end it soon.
Meeting SEC officer: I will be driving to Washington DC from NJ coming Monday (on 13th at 2:45 p.m ) to meet the SEC executive, Please let me know whoever wants to come with me. This would be approximate 12-15 mins of meetings.
Please bring any proof if you have, email, recorded phone or video conversation with Molen.
I am also in process of finalizing with a good lawyer in NYC, I need few people who can help me to convince the lawyer that this is clearly a scam, provide him evidences and walk him through the history of VGPR & Molen. I am negotiating him to take the case and give his a percentage of money we get back once Molen is brought to the justice.
My $54K is now just $413.37, aaaaaaawwwwwww, I have sleepless nights, I better do something now than later.
Please contact me at manojbhartiya on gtalk or gmail. I will be available in phone very much this week, shoot me an email.
Does anyone know where is Molen?
We should write to Molen and get more details about next developements, ongoing projects and plans & people working for them, laughing on would be disrespecting for people working for VEGA.
I am hoping that in next PR more things will come and SP would start picking up.
Why you think that intentions behind R/S are not for any good? SP prior to R/S was .0007 and now its ( 0.16 - 0.248 ) some average of .21. which is the same .0007*300, isn't it?
How many of you find that there is any short selling happening, Yes I would agree that things have been neglected in past and everyone has suffered including me.
I am hoping that within a month this will this start picking up, I know few here on Board who sold out their shares to be bailed out on the day news came for R/S but are they really happy about it?
Hold it for sometime if its not urgent, you would be able to sell at much higher.
How much do you think Torrefaction processing equipments and overall project may cost?
'elysse1kittycat' Its all risk vs reward. I have made 30 times in some stocks, but I invested some small amount. I wished that I had invested my whole portfolio amount there. I become greedy for VGPR, waited long for VGPR to come down & kept on buying from .03 - .02 to .0007. I see that from past 2-3 months its not going down & its the bottom. Once some good PRs comes, share price will skyrocket.
I researched about some biomass companies, biofuel production is not a rocket sciencs as someone did in previous postings as compared to coal energy.
The production can be started with an investment of $100,000 with an additional $15,000 for training & specilization. I believe that VEGA has that potential. In fact many big giants had started on the small scale.
http://pellets-wood.com
http://www.eaglebio-fuels.com
http://www.newenergyworldnetwork.com
http://www.bioenergylogs.com
http://www.desertsweetbiofuels.com
No American CEO can stand without fear doing scam and facing SEC (They do know the consequences).
I am not saying that things will be back & stocks will fly without any good reason. I am here to get my money, not here to bash Molen/VEGA/Chew/Ops Brazil.
Yes, I have put my lifetime saving, like others my $54K is left only. Yes I posted that I was
VGPRD 25890 @0.35 = 9,061.50, and I am not able to sell @.035 now.
But here are few things.
1. I believe that R/S done to better reflect the company image.
2. I see that people claiming short selling are fled.
3. There were few backbiters, Mr. Chew, Ops Brazil and others have negative affect on the company and stopped by the court orders.
4. I had few emails back & forth to Molen & learnt that they have sufficient menpower and people working to get things as promised in previous P/Rs, they have already leased the plot and things will start soon.
5. I am hopeful that in next few PR it would atleast go to a dollar and I will get atleast half my money out, 25000 dollars.
Why would I believe that this is a scam, just because loser Mr.Chew got kicked out? or just because of R/S ? which i find has no where created any panic among shareholders otherwise it won't go up from .05 -> .1- >.34-35 .
Patience is the virtue, I am hopeful that something good will come soon.
He is being chewed by Mr. Chew, who is resticted by Court orders to protect VEGA investors.
All these goats created few account 3-4 weeks ago and making rumours. I am sure VEGA is going to bring values back and I am gonna get my dollars back. GO VEGA..