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The ones who have passed judgement that MOLEN IS A FRAUD know the facts very well.
In general biofuels is a scam. It takes a long time to put contracts in place and the technology for biocoal is not proven I know of firms that have invested tens of millions of dollars in a biocoal plant and have not achieved their desired results,
I doubt that Molen can do better. Yes, VEGA IS A STOCK SCAM!
Where is Molen? Has he recovered from his near death experience when he visited a real biomass plant? Doe Molen know what biocoal looks like? I doubt it!
It is clear that you do absolutely no due dilligence!
Instead of just repeating Molen's crap to us, provide real proof that Vega is not a fraud
You forgot BrazilOps, one of the biggest bashers for Vega. VEGA IS A BIG FRAUD,
Molen has made no effort to make money for the investors. It is about time the investors has a coup and throw Molen out of the company. A 5-year boy would be a better CEO than Molen. Where is the value Mike? Mike is Molen's first name.
Where is Molen the great leader of VGPR who promised that the company will achieve great things soon? Could he be in GA at a PO Box? Overseas living off the investor's money? Could be in in Europe evaluating with no skills torrefaction technology for his fake plant?
News already happened. Molen got crushed when viisting a real biofuels plant
NEWS! VEGA's great leader gets crushed by a biomass pellet truck visiting plant in MS in order to take pictures of a real biomass operation to place on VEGA's website to fool investors. The next person in the chain of command for Vega is trying to be located. Does anybody know the person,s name. Perhaps it is SETH MOLEN
Molen cannot call himself a CEO. He has no organization and no leadership capability except for scamming investors with misleading Public Releases.
It really is a scam. Vega is a scam and will always be a scam
provide one name of somebody who works for Vega as either a consultant or as an executive. I guess nobody works for Vega. Where is the brain trust?
Vega has no serious plan. Just look at the self proclaimed CEO running Vega with absolutely no understanding of biofuels other than setting up a website to entice foolish investors.
Vega fiancial statements issued on November 2, 2011 demonstrate fraud in the inducement. Fist, look at the assets which are nothing more than a bogus license. Second, the statement that the firm will be buying equipment for a biocoal plant is just plain not true. How can you buy equipment with no cash and with an ENVIRONMEMTAL LICENSE? IT TAKES AT LEAST 1 year to obtain an environmental license.
he is not bashing Vega. he is telling the truth so that outsiders do not invest in a worthless stock with a CEO that is less than credible.
V63's picture makes him look like Mike Molen. Molen's appearance is very similar to V63's appearance. I am certain that investors just by going on looks would never give Molen a dime to invest in a business that he knows nothing.
You are correct. Molen cannot compare to any other CEO in energy except for the CEO of MANTRIA which was a ponzi scheme out of Colorado
Molen does not look like a professional in the energy sector. Just look at his hair and compare it to other energy sector professionals. My colleague worked for him for 5 months and met him twice. There was nothing professional about Molen and he never provided any meaningful data and information for my partner to do his job. The Green Valley Power Project that was hyped in 2009 was a complete joke. It appears that a biocoal plant in GA when nobody has built a viable commercial scale biocoal plant is another big joke being promoted by Molen.
Do not forget Brazilops who is absolutely convinced that VEGA IS A COMPLETE SCAM WITH ABSOLUTELY NO MANAGEMENT TALENT
You forgot BrazilOps who is against this scam promoted by Molen. There company has nothing real. Molen has no idea what biomass is!
what a scam? where are the picturs of the plant?
please include me as a big negative. VEGA IS A FRAUD. DO NOT BUY THIS WORTHLESS STOCK. MOLEN NEEDS TO GET A REAL JOB
The verifiable facts are that there is no meaningful and verifiable information on Vega
Do you know how to write in English?
ACH is living up to his responsibilities. Please detail exactly what you want updated on Vega which is nothing more than a scam. Google "Mantria" to understand what Vega really is.
They probably know that VEGA is a fraud with no intention in building a plant. First, VEGa would need to spend money to permit the plant. There are no commercial scale biocoal plants in the world with an operating record. I doubt that Molen who knows absolutely nothing in process engineering will be able to manage a biocoal plant. He should consider bundling firewood for export.
Mantria Corp sued for fraud and being a ponzi sceme has a lot of similarities to Vega. Mantria promoted biocoal and Vega promoted biocoal with no intentions of building a plant.
Vega and its great chairman is a fraud and should be avoided at all cost by investors who want to build a real firm with assets and products. The CEO just sells hot air and his lavish lifestyle.
You are right. Molen is not CEO material and knows absolutely nothing about running an energy business. My firend Bob Chew did a brief consulting job for Vega Biofuels. He quit after realizing that Molen was promoting a stock scam. VEGA IS A SCAM. Legitimate investors who want to invets in the biomass energy sector should stay away from Vega.
Vega has shown abosultely no real and credible progress in building a biocoal plant. Where is the permit and the energy balance. I doubt that Molen knows what an environmental study and energy balance is.
Dear Uptick, you have no idea what is behind the combustion process. All Molen has to do is hire and pay an engineering firm around $200,000 to do the energy balance on the proposed biocoal plant. Molen stated that his investors (who are they?) provided $500,000 to move the project forward. Where is the work?
This just shows that Vega is just a scam. There is nothing real in what Molen annouces except for the hope that some investor who does not know the complete story will buy his stock
Vega will never take off since there are no real projects, no executive talent and no real groups in the sector willing to become associated with Vega Biofuels. The company is just a pump and dump operation
You are right about Molen. Just do not want new investors to spend good money on a fake stock
This is exactly what Molen said when he was pumping the Green Valley Project which turned out to be completely a farse after Molen stated that 5 MW would be restarted at the site when gas flow would not support a kitchen stove.
Good post. Molen is clearly not a professional CEO and that Vega Biofuels is a fake. Do not invest in Vega when there is no crdible managment team
Until Molen proves that he actually paid a reL ENGINEERING FIRM TO ACTUALLY DESIGN A PLANT SO THAT IT CAN OBTAIN THE REQUIRED PERMITS, YOU NEED TO CONCLUDE THAT VEGA IS NOTHING MORE THAN A BIG SCAM THAT SHOULD HAVE BEEN SHUT DOWN BY THE SEC.
It is clear that Strongbuy is living in an ilusion about the acomplishments of Vega led by a CEO who only makes dubious press releases about nothing and then refuses to meet with investors to answer haed questions since he has misused investors money. By the way, BrazilOps is not Mr. Chew. BrazilOps is a partner with Mr. Chew in a Brazilian energy company. It is clear that the so called court order is worthless
The CEO of Vega has absolutely no skills to be in the enrgy sector. This is just a pump and dump operation