Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is absolutely true that VEga is a SCAM. When Mr. Chew worked on the Green Valley Project, He saw that Vega was nothing more than a stock scam which is why he quit. After quiting Molen made more misleading press releases on Brazil and on Biocoal in general. Ask Molen what is the biggest issue to having a viable torrfaction plant and I bet he does not know the answer since he is not in the industry other than doing PR announcements to sucker investors.
I was never fired since I never worked for Vega. Mr Chew my partner worked briefly for Vega and he quit when he saw the company as nothing more than a stock scam. THIS IS A STOCK SCAM.
Fernando Santos my partner called Hunt, Guillot and Associates and talked to Public Relations. They are aware of Molen's press release and basically told him that the agreement really does not mean anything since Vega has not paid or hired the company for any specific work that requires payment for services. In short, this appears to be nothing more than an attempt by Molen to pump the stock knowing that he has no money to pay engineering firms to design a biocoal plant. This is a deceptive PR.
Investors should contact Hunt Guillot & Associates to verify contract with Vega Biofuels. Their number is 318-255-6825. Ask to speak with the Chief Compliance Officer or with the CFO. Jorge Santos in Brazil is trying to contact the firm to verify the truth behind Molen's press release. Investors who suffered from fraud should inform the company of Vega's past record.
You are absolutely right. VEGA IS A STOCK SCAM WITH NO TALENT OTHER THAN FOOLING STUPID INVESTORS.
I witnessed Molen using Robert Chew,s name in press releases in order to pump the stock without Mr. Chew,s permission. THIS IS A FRAUD
VEGA IS A FRAUD> DO NOT BUY THIS STOCK
The is nothing real about Vega. Being in the energy business, I can assure you that Molen has absolutely no reputation or knowledge of the energy sector. Ask him what type of torrefction technology will be deployed and why it is financiable. THIS IS A STOCK SCAM
Vega is nothing more than a massive stock fraud with absolutely no vaible busiens smodel except to fool invetsors who do not research the companies being invested in.
INVESTORS BEWARE! VEGA IS JUST A PUMP AND DUMP FRAUD MANIPULATED BY MIKE MOLEN. ASK MOLEN HOW HE SAFE GUARDS INVESTOR'S MONEY
VEGA IS JUST A STOCK SCAM. I PRAY EVERDAY THAT MOLEN IS ARRESTED BY THE SEC FOR SECURITIES FRAUD
Vega is just a stock scam. Molen cannot even define technically the type of torrefaction technology and its cost for the investors since he has not hired one engineering firm to produce an energy balance, estimated capex and O&M costs to even know if a torrefaction plant makes sense. The SEC should put this company out of business.
Vega is just a SCAM Buyer beware. There is no prospects with this company. When Molen announces that he was to repower Green Valley with 5 MW after being told that there was not even enough gas flow for a kitchen stove, you need to wonder about the seriousness of this company to create value other than putting money into insiders.
Mr Chew told me that having worked for Vega for one month, it became clear that Vega used his business plan for biocoal and for distributive generation in Brazil to commit securities fraud by pumping the stock. Vega has absolutely no managerial talent to produce any wealth for investors. Stay away from this stock
Vega has absolutely no real products that are marketed and appear to have no plan to produce a amrketable product within the next 2-years
Molen has commited financial fraud through Vega Biofuels. Nobody in the energy business will do business with him. Mr. Chew who did very little work for Vega clearly saw the fraud when Molen would talk to perspective JV partners in Brazil and in China and it was clear that Molen had absolutely no intentions to spend money on building a real business. Where is the engineering from a legitimate engineering firm that will prove that Molen has a biomass plant site?
Vega is a fraud and has absolutely no chance of qualifying for NASDAQ. Keep dreaming
Molen will never raise capital for his plant since he does not have the track record to instill confidence with investors. Why would anybody invest in a firm with cooked books?
Unless Molen can prove that he has hired and paid an engineering firm to scope, design and budget a biomass mill, one should assume that Vega is just a pump and dump stock with nothing behind it.
Molen refuses to prove that Timber \group LLC is nothing more than a shell company with no business and no revenues to fool the investors of Vega Biofuels. Just another fake company to be used for a PR announcement
Timber Group LLC according to Molen is a new firm formed in mid 2010 in GA. There is no information on the company and no information on the owners of the Timber Group LLC. It could just be a shell company that copied the name of a legitimate timber company out of NYC to fool investors. Molen could be a shareholder of Timber Group in GA. With no information on the owners of a shell company used in a PR by Molen should be viewed with great suspicion. I still believe that he commited securities fraus via a pump and dump strategy
Dear Uptick, how can you even mention that the GA plant is legitimate when there was no site ever contracted, no environmental permiting done or even budgeted and no engineering done. Surely, Molen could have spent $200,000 to do the engineering work required from the money already received from investors to cost the invetsment and to obtain the energy balance for an environmental license. You really need to have some common sense when it comes to Pump and Dump.
Vega is clearly a PUMP and DUMP penny stock fraud. I hope that you are promoting this fraud.
Molen and Vega continue to refuse to comfirm who is Timber Group LLC. The legitimate Timber Group LLC has made it clear that they have no agreement with Molen. Molen would never pass their background check for a business deal. Molen used their name to deceave the investors. He has done this with all of his press releases such as Green Valley, Brazil deal, China Deal etc. THIS IS A SCAM and invetsors should stay away from this stock
molen and vega combined is a fraudulent enterprise. there is nothing real in molen,s press releases other than he takes months to plan them. molen has no talent nor reputation in the energy sector to accomplish something or to bring in an industry player. Molen should back to promoting his blimp idea for the internet. I feel sorry for your inability to see a scam. Go invest your money in Vega.
Strongbuy, why don,t you buy all the shares that the investors want to sell to you. You seem to have money to burn on a fraud. You must be part of the Molen team
Molen refuses to identify Timber Group LLC in order to prove that it is not the firm in NYC that Molen did not use their name to commit securities fraud. Investors want to verify all PR statements by Molen in order to prevent fraud. Molen refuses to provide any information on his proposed plant site and company willing to supply Vega with biomass at terms we do not know. This is just another false PR by Molen to trick investors.
Just call Timber Group LLC in NYC. Their contact information can be obtained on the WEB. At least you can talk to somebody to learn about Molen,s fraud.
Molen has committed fraud with Timber Group LLC. There is only one company and it is in NYC.
Molen has committed fraud with Timber Group LLC. There is only one company and it is in NYC.
Go Vega and Molen to Jail
What are you trying to state? Go Vega a company based on false PR statements. This isn,t a company. Molen used the name of a respected timber management company in NY and in Brazil without their knowledge. This is fraud in the inducement.
The Timber Group LLC was contacted and they confirmed that they are not associated in any way with MOLEN.
The Timber Group LLC out of NYC and Sao Paulo Brazil do not have any knowledge as to why their company appeared in Molen,s press release. They perhaps will take legal action against Molen using their company,s good name to commit investor fraud. THIS IS VERY SERIOUS!
VEGA and Molen are one BIG SCAM. This is not a real company worthy of invetsor attention. The stock should be delisted. Ask Molen for the address of his new site so that we can visit it. It must become public knowledge in order to obtain an environmental permit.
THis is a SCAM. What is the name of the timber company willing to give a long-term supply contract to VEGA? This is nothing but hot iar. Molen needs to produce some bankable contracts to win credibility. It is a safe bet to assume that Molen is lying.
THis is a SCAM. What is the name of the timber company willing to give a long-term supply contract to VEGA? This is nothing but hot iar. Molen needs to produce some bankable contracts to win credibility. It is a safe bet to assume that Molen is lying.
Lets get frauded and buy the Vega stock! Hot air has been the foundation of Vega similar to Molen,s blimp idea to bring the internet to the world. This turned out to be a SCAM
Buy as much of vega as possible since you are waisting your money. The company has no value in it.
VegaScam comments that were removed are correct. Molen never answers his investors or provide any real proof that he is telling the trueth.