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Has anyone received confirmation about the cancelled shares?
Will "REAL" and verifiable news come out today? If so, this stock will gap up...
Come on VGPR, you're way overdue to release credible news.
ack: My first comment about your post is that you neglected to include the press release and here it is for those to make their own interpretation:
http://investing.businessweek.com/research/stocks/news/article.asp?docKey=600-201104180830PR_NEWS_USPRX____CL84442-1¶ms=timestamp||04/18/2011%208:30%20AM%20ET||headline||Vega%20Biofuels%20Moves%20to%20Top%20Tier%20with%20OTC%20Markets||docSource||PR%20Newswire||provider||ACQUIREMEDIA||realtedsyms||%7CUS%3BVGPR&symbol=VGPR:US
As for your tier argument; here is a definition of Current Information
JMurfk: Could you help me understand why you're unhappy with the increased float. There are 2 sides to everything, and my "glass half full side" is that increased float leads to price stability:
Here is a quote from Investopedia about Float:
one man's junk is another man's treasure....
Although I agree there is little evidence thus far that the latest "news" will come to fruition, I remain cautiously optimistic that something could finally be brewing here and for me that is enough to throw some "play" money at a few more shares!
GLTA
Don't waste your time Strongbuy. FB doesn't seem to either know the rules of trading or is betting that others do not and therefore believe his lies.
The people posting scam on here have a deep personal vendetta against Molen and blind with relentless anger. I could care less about Molen and just glad to see some action back with this one!
GLTA
Not that I don't believe you Brazil, but are you able to provide any shred of evidence to this statement??? Maybe an email...
You do have a history on this board of not being "completely honest" with your statements and therefore I think it is fair to ask for further evidence.
Vega is back! What happened to that supposed lawsuit? Guess it might not be a scam after all. Time will tell if this plays out.
GLTA
NFL, the people on this board are not interested in making money on pink sheets securities. They are all too busy posting hate about this supposed scam.
My humble opinion, selling shares for more than I paid is really all that matters. At the current share price, it seems worthy of a small investment...
GLTA
Molen is dumping...who is buying?!?
$5500 of trading today. What is going on??? If you want to dump, there appears to be buyers today.
GLTA!
av8, I am anxious to learn from you. Would you help me understand the below post (that I had replied to)? Does 168 really mean 168 or does it mean the million you mention. I thought it literally meant 168 shares were traded and I was sarcastically mentioning that this individual had placed a large wager on VGPR and that we were obviously (that is another sarcastic word) headed in the right direction....
Vega Biofuels (VGPR)
0.0002 ? 0.0001 (100.00%)
Volume: 168 @ 9:31:41 AM ET
Does this make (common) sense to you? :)
Guess you can't read into sarcasm av8? And it was only 168 shares traded.
With that said; where is the lawsuit? where is the list of fraud? What does 2011 and beyond hold for Vega?
That investor hasn't lost faith and he/she put their neck on the line with a big trade. Go VGPR ;)
Where is the list of 18 things? Should we claim fraud because it didn't come out on the day it was promised?
Aneela: This was a post of yours from 8/19/2010
Glad the proof has been submitted to authorities fb....then why can it never be submitted here?!? Its always accusations without any substance. Oh well, I'll continue to wait for some real news....
There has been no proven fraud on here! Please feel free to go through all the 18K posts. You'll find no proof, only accusations.
With that said, I would not be surprised to see VGPR or any other Pink Sheet security be a scam. Invest carefully! GLTA
My DD says this thing is going to run again because you don't have billions of volume over the last couple months for no reason. If you don't agree, don't buy shares of VGPR and get the heck off this board.
I'm not sure what to tell you lildaniel? I bought shares through my Scottrade account. It was called VGPM at the time and as I understood it (it was vague information) Bob the Butcher had just separated his relationship from the firm. The firm had just decided to enter the "Biofuel" market, etc.
I'll repeat again that I don't know Molen. BTW, 3x my investment in this one does not mean much money as I invested very little. Why would I throw a large amount of money at a company I honestly know little about?!?
GLTA
Thanks lildaniel and sorry to hear about your history. I have not been involved in "investing" in the company.
As I said before, if I come across evidence that can help your cause, I would be happy to share. I personally do not have that info.
Those are all great questions Aneela and you further proved my point...true fraud is very difficult to prove in Pinky Land! I hope you find what your looking for!
In the meantime; I am looking to buy shares for less than I sell them and I think VGPR will give me another chance at this trick. I am not pumping, just saying! Go VGPR!!
I don't have any proof of fraud spider. The proof many have said to be ironclad evidence is "hearsay" or lies.
I will reiterate that fraud may exist and it certainly seems plausable or even likely. Many people forget that pink sheet securities do not have the same reporting or trading rules as the big boards. Therefore people think fraud has occured when in reality one could not prove it to be true. How can the SEC police this???
For example, if I tell you I plan on creating a company to sell widgets, do a few things to start the process, create stock activity as a result, and then decide I don't want to run this business anymore. Have I done anything wrong? My business idea may of truly failed. You are asking the SEC to determine whether the business was created for the sole purpose of fake stock activity. A very difficult thing to prove! This is why Pink Sheets are the most speculative investments in the world. We have no idea of the truth behind 99% of the companies traded OTC.
I'm just trying to bring a little clarity. Sometimes we are all blinded by our anger, particularly when it comes to money anger. If fraud comes down as the final verdict, I am here to help with any evidence I can find. I just honestly do not have any yet.
Good Luck To All!
He has clearly "proven every accusation he has ever made." Gotta love when the accusation of lying (fraud) is made by someone who has been caught in repeated lies...
Hi Vince: I unfortunately do not know anything about this stock other than what has been released in PR's. The anger on this one is mainly due to large investment losses by people who threw more than they should have at this symbol.
I will give you the advice that I follow:
1. Invest amounts you can afford to lose (that means all of it)
2. Take you earnings off the table to avoid being a bag holder.
3. Repeat.
You'll note that there is a lot of fraud talk on here, but all of the accusations have yet to be proven. Brazil Ops in particular will make claims, but not back them up. See my post #18221. It was in response to his claim about a Skype conversation that didn't come close to saying what he had claimed in an earlier post.
People have a hard time making sense when they're so angry. I would probably be that way too if I invested my life savings, which is why I try to remember my rule #1 above.
These are all my humble opinions. Last year I made 5 figures off this one when it spiked, so I keep it on my radar. The IHUB chatroom makes it fun to watch too even if you don't throw in any money, but Good Luck.
Brazil: Thank you for proving the info to us all. I have a few questions. Below is your exact post about the Skype exchange from Chew and Molen:
Brazil: I quite simply asked you if you could provide the proof from the Skyped messages you claimed you had seen. Changing the subject by asking another question does not help your credibility.
By the way, I don't care about the vision of the company. I care about buying shares for less than I sell them, period.
Thanks Brazil. Are you able to share the actual messages? Sorry to not just "take your word" but facts are facts.
If you cannot, then your story is just another example of nothing proved or disproved. You could be exactly what you are claiming Molen to be...a liar.
Please know that I am not saying one way or the other as I mean no offense to you (if you're telling the truth).
GLTA
You're right FB, except of course for one big point. The biocoal mentioned in your article is not the same technology proposed by Vega in the articles you have reposted. Read the article closely before you come on here throwing around accusations at me. I have read and will continue to read. Both are different technologies! That is why I referred to it as biomass to try and show the differentiation for you.
My main point is that you cannot pull up a random article about anything biocoal, biomass, etc and post it as proof that Vega is or is not in the business. What does a British Columbia company have to do with Vega?
Anyone think this has any "pop" left in her? I would love to pick up a few more shares, but I am getting sick of no news. Why is there any volume without anything other than a few angry people?
A better question Aneela is: Why did you invest your life savings in a company that had those characteristics??
1. The plant did not exist. Nor did anyone say it did. They said there are plans for it to come.
2. The company could easily re-register when plans actually happen.
3. Losing big on an investment is not a reason for fraud. BTW, I am still not saying that fraud didn't exist. You just have not proved it yet.
4. A lot of talk in the past was surrounding Vega winning a grant and that being the catalyst to bring the necessary energy sector expertise. That has yet to happen so I guess we'll have to wait.
Are you able to follow any of this? I can't understand how you could look at this company and ever throw $54K at it? I can see why your mad, but you're further making a mockery of yourself. Hire a broker next time! Complete a risk tolerance report.
So let me get this straight?!? You proved that there was an attempt (which is essentially what the PR statement said) that Vega did in fact apply through the EPA and then cancelled. So they tried to follow through with their business plan.
You have once again succeeded to prove yourself wrong and report your findings.
FB: You cannot just go on Google and say you found a company that claims to be making the first ever bio-coal plant? First of all, Vega doesn't do bio-coal. They do biomass!
Now I have no idea about the probability of a plant existing in Georgia ever. I can tell you, after doing a quick google search of my own, that these plants are not as hard as you say to create.
Here are a few links to follow:
http://www.virginiabusiness.com/index.php/news/article/15-virginia-biomass-projects-receive-10-million/202814/
-> This link shows what Virginia did in 2010. (I thought your link proved these plants didn't exist???
http://www.masshightech.com/stories/2010/07/19/daily9-Clean-Power-Development-signs-deal-to-develop-biomass-projects.html
-> A new one in Massachusetts.
http://energy.sourceguides.com/businesses/byGeo/US/byS/GA/byP/biomass/biomass.shtml
-> This link shows all the players in the Georgia biomass market. Unfortunately Vega is not there and I hope the word yet means that it would someday, however I am not holding my breath.
Take some time to formulate your argument all the way through to the end next time. You're the same guy who didn't know Pink sheet companies didn't have to report financials. Your credibility is slightly questionable....
GLTA
Gatsby: You nailed it on the head! I don't know Molen at all. Maybe he is a scum bag and he stole my hard earned money too. I am certainly not going to believe people who are so angry they can't formulate a simple argument through to the end.
Or, the gamble in Pinkie land is that VGPR will present a nice trading opportunity. Do I think this will happen? Probably not, but for me I'll throw 1,000 bucks at her to see what happens. It's play money people. Don't invest your life savings in any Pink sheet security. EVER!
Go VGPR! Turn my grand in a 5 digit explosion.....
Aneela, it seems you are blinded by your anger. Your previous post about the Chamber said the following:
"I called the Tifty Chamber of Commerce, the lady clearly said that "there is no facility for VEGA as of now."
Again AS OF NOW is the key and you're admitting it. No facility has been reported by Vega as of today. Therefore, the Chamber is confirming NOTHING. You may have other evidence, but please stop talking about this dead issue until the facility either comes or does not come to fruition.
We have all lost money and of course we all want it back, but please try to bring rational thoughts to this board.
Thank you!
Aneela: I feel terrible for your lost dollars. I am not understanding your point? You just stated that the COC said their is no facility "as of now" No one said there is one now did they?
All the COC can do for you is state that they don't know of a facility. They also stated that a facility does not have to go through them. What are you expecting the SEC to do with this info?
I understand you say you have other info that is more serious, but this seems like a dead end if you're holding it up as your key evidence.
GLTA
Ack: This is very good DD and thanks for sharing. This further proves my statement that we can neither confirm or deny the Plant at this time. Your last FACT says it very clearly with "at this time" being the key phrase.
Hope news out soon, but not holding my breath.
Tifton County Chamber of Commerce Update:
I spoke personally with the COC today and confirmed a few things:
1. They cannot confirm or deny any development plans.
2. It is not a law that a company needs to go through their office in order to start a business.
3. Many do because of the additional benefits their office is able to supply.
Feel free to call yourself and ask for Tammy at 229-382-6200. Also feel free to ask if someone called her at 9AM to ask if she could confirm or deny these things(I really called). I am not associated with, nor do I know Molen. I am just trying to make some $ here in Pinky land.
Once again, we are being told by some on this board that this is fraud because of the COC. Not true, call yourself. I am also not here to say that there is a plant in development. All I am saying is that we are still waiting for the company to release news. It may never happen, but the COC should not be a reason this is considered fraud.
Anyone who argues this fact should be thought to have a potential disparaging agenda that has nothing to do with an investor or trader making buy / sell decisions.
Hope this helps and of course GLTA!
Next time, invest heavily in a blue chip stock. The potential isn't as great, but you'll get the following:
1. Audited Financials
2. Real companies
3. Active truthful discussions boards
4. Company history and physical evidence
Very little if any of that exists in pinkie land. Those are the facts. No ponzi, just a lot of hype created by people with $$$ in their eyes.
Lastly, I would be happy to share any evidence, but I am honestly unaware of any personally. I have read the PRs and that is it. I don't know Molen or care about him.
I care about buying the stock for less than when I sell it and that is it! This baby is going to run from these levels IMHO.
GLTA
Mike: You are missing an "s" in your website.
Well said Gatsby, however Mr Chew is very focused on his personal vendetta against Mr Molen. He is not concerned with any of the actual trading rules that exist in pinky land, but has decided to use the big board rules to claim fraud, manipulation, ponzi, or any other word he can google about securities.
He also has explained how he could never think of actually making money trading one of these POS companies. I recommend everyone follow his trading advice closely as they seem to be clear, concise, and coherent points.
I love logging in just to read his humor. You should do standup Brazil. I would pay money and you could invest more into VGPR. A true win/win for all....
FB: This is not a ponzi scheme...it's called pink sheet securities. They are also know as one of the most risky investments available. You cannot turn sour grapes of not selling when you should have into a ponzi claim.
And no one would come after your earnings unless of course you were involved in creating the so called "ponzi?" Don't feel bad, just take the $$ next time or why trade in the first place?? Did you really think VGPR was going to become the next GE??? Cmon? Really???
In all seriousness, if you don't have another agenda, get investment help before you trade again....