Go to read Molen history his father has helped him out of indebtness and his son is the mastermind behind his web presence. His brother is a lawyer with whose help Molen can avoid prosecution for the scams he is running. Molen has duped retired people to mortgage their houses in order to buy preferred shares of Vega or to provide loan and these deals always involve a NDA and obligation to post positively on forums.

He needs nothing but another reputed professional like Gaspard, James etc. in any other sector to start issuing PRs of new projects that Vega is planning. He usually makes the news without the mentioned person's consent.

Please understand, you cannot ship 3000 mt to EU without having certificates of its quality. Bio-coal is hazardous material, read other producers' required procedures before they are allowed to ship in EU. They call it a laborous process to receive the approval by EU authorities.

Do you understand how high energy content bio-coal has? It is not nearly same as wood log, dude. Once ignited a pile of bio-coal would burn like gasoline. Think how dangerous it is to store. Are you saying that anybody can pile a thousand tons of bio-coal in forest without permits? Crazy.

Think of the danger hundreds of tons of fuel cause to the environment. Storaging bio-coal must have environmental permit as it is hazardous material, easy to ignite. And what about transporting hazardous material, do you think tens of trucks can start carrying fuel just from any location without noting authorities? Sense of reality is needed here to stop the fraudster sucking your money.

They must have permits to produce 'anything' 5 tons per hour and 120 tons per day. Do you think it is jungle in VA?

Why are you not contacting authorities to find out, if they have environmental permits to run a plant. Do you really think that anybody can build bio-coal plants to any place without regulatory bodies knowing? Sure, they must provide location of the facility as well before construction.

DD is certainly more than reading press releases and googling general ideas of a company's business plans. Look at the man in the charge of the company. Is he a person who can manage other people? Would a responsible managing director post a reversed photo of a bucket of bio-coal from another company's web site on the official Twitter account of his company? This single stupid move tells 'everything' about the nature of Molen: use other people's reputation to mislead investors, make fake news, manipulate good believing investors to write positively on forums, never physically show up to investors, secure an escape route from all the lies by writing 'forward looking statements' on company releases with the help of a lawyer brother etc.

Do file with SEC about a massive securities fraud Mr Molen has been running for the past 7-8 years at least. They will not jail him, but then you know you did the right thing. Submit all evidences you have of Molen's misleading of investors, PRs, emails etc.

The first LOI Molen made with ECEM was not signed by Molen. Yet he made news about a huge 'contract' Vega had signed with ECEM. This was in early 2010. We checked with Philip Marktl, managing director of ECEM.

As for the 'contract' being any more than a LOI, how could Molen make a contract for a product he does not have? LOI is the most he can have, it means nothing in the industry.

Have you checked what the so called 'contract' actually is with ECEM and Vega? I doubt you have seen any contract. It is a Letter of Intent (LOI) to buy bio-coal, meaning nothing in business. There is not really a 'Vega' needed to sell bio-coal of another company. And where are the certificates allowing the exportation of bio-coal to European market. Did you do this DD too? Checking with other bio-coal companies in Europe you can see that there is an extensive regulative process before a company's bio-coal product can enter the market.

Producers of bio-coal can easily make contracts directly with power companies without Molen being a middleman. But, show me one bio-coal maker having enough capacity to supply to power companies. Is there any? Too many issues with bio-coal being a feasible fuel, I am afraid. Coal power plants are closing doors and will be replaced by smaller local plants using other sources of fuel. Need to replace coal is getting less important.

No power company will rely on Molen for their fuel supply. Think a bit. Sorry.

Molen does nothing but exploits reputable people for his own benefit. Total psychopath.

See the man's history. Why would he make you rich, when he already pocketed millions of dollars with no real work. Have you ever seen Molen? What about his employees? Where are they? Hey, Vega is a web site, Twitter account, Facebook, Conference call, and most of all press releases. Never accomplished real work.

I was in it late 2009, when Molen issued press releases about Vega building ten torrefaction plants throughout China with a Hong Kong company financing. But the Hong Kong financier only existed on Molen's PRs, no evidence of a real company was found. Definitely, it was a pump and dump then.

I have not seen a person on this board who would mind to check whether the 'company' has applied for environmental permit at the sites where they have claimed to build a bio-coal plant. The very basics is to receive the required permits before anything can be constructed. And Molen has not even submitted an application. Still he may have made millions of dollars during the last pump and dump alone. Unbelievable. Only in America.

Do you know what it requires to export fuel to Europe? Molen boasts he has a $57 million contract, yet he has not been able to prove that his product has been approved by EU authorities. The quality of bio-coal is not the same by every producer, the product may even self-ignite, according to research. There are already many manufacturers in Europe who have received approval for their bio-coal, but where is Molen's certificate? To transport thousands of tons of fuel in Europe requires permits.

Wood pellets are much easier fuel to handle, yet there are often fires at the power plants who use wood pellets. Bio-coal will make the storaging even more hazardous.

And Molen the one man shell pumper will solve all the issues just by a few PRs, here we come Europe.

Can you provide public documents like environmental permits of the proposed plant then to base your claims, it is really childish that somebody insists on a discussion board that he was told on phone and others should trust that.

And of what scale would the plant be? Is it a pilot plant? And how would they produce bio-coal for power plant consumption with a pilot plant? Please check the capacity and compare it to the figures given in the press releases. How much fuel do power plants need? It is hundreds of thousands of tons.

No doubt soon there will be couple of hundred pump posts to get my message away from showing.

Please check Vega's track record there is nothing real during the past 10 years. Molen rides on Mr James' experience and promises to finance the JV through his shell company thus he can issue PRs and pump and dump. Mr James has the credibiliy in the JV, not Vega or Molen. Vega is a one man pump and dump scheme. He will never deliver anything but PRs. Just wait and see, soon the JV will expire, because Molen is not honoring the finance commitments.

See you at 0.0001, bye.

Can you see a trick here? Molen has a JV with Mr James, which is based on Vega providing finance and James building the plant. Once Vega do not honor the financial commitment the JV will expire.

How simple for Molen to collect money with the pump and dump. No need to continue the JV after raising millions through mask companies (preferred shares, debt conversions, shares for services etc.). All his financials are cooked, whatever you see on the balance sheet, never trust they would be real figures.

Molen can quit the bio-coal project any time he likes. He just uses reputable people to run his pump and dump schemes and never aims to invest in real business. See at what price the 'exclusive selling right of marijuana biochar' was purchased, couple of thousand dollars. This tells you the scale he is willing put money in any project.

Just amazing that there are still good believers of this fraudster. Molen can make you sign a NDA and oblige to write positively on the forums.

Bobbypicks = Molen

Mike, cheers.

I am afraid you are victim of a massive dilution scheme, the same pattern has continued since 2007 at least (although Sanswire blimb story was run much earlier). Molen can make huge promises without ever delivering. His scheme is based on exploiting reputable people by giving them shares and offering finance through his shell company. He never aims to run a real company, just use your common sense, why would he, if he can raise millions of dollars without executing anything.

This time's pump and dump round is at the stage where investors are made to sell off after accumulating huge losses, via continuous dilution. Then R/S follows, and after 1-2 years new stories will be promoted.

Molen has made millions of dollars this year alone, he has time to burn all the believers out his stock and continue the fraud later.

Even YOU have the right to sell these products. It does not mean there will be sales though. Waiting for the bottom line...

Letter of Intent (LOI) is not a sales contract. It means nothing, actually. Mr Marktl testified, when we contacted him in 2010 that Molen never even signed the LOI, still he made news about orders of biocoal to Europe. This was very misleading. We filed with SEC of a massive securities fraud (there were many other fake news). But the guy is still free to run these schemes and collect millions of dollars from unaware investors (or flippers?). Is it the right of the US citizens?

ECEM is not a power company that would burn biocoal. Why not mention the end buyer as well? The PR does not make sense.

But here are several poster on this board who can validate the news Molen put out already in 2010. Now he recycles the same story. He also promised to build ten biocoal plants in China late 2009. The only problem was, his announced JV partner never existed except on Molen's PRs. Also, we confirmed with ECEM in 2010, that Molen had not signed the LOI, still he made news about having orders to ship biocoal to Europe, although he had no plant, no licences, no EU certificate, no employees, no assets, nothing. Still he announces these same news without having a production line to deliver the biocoal.

Have you seen revenue on their (only one man Molen) financials? How can a one man shell company have products in stores? Show me the employees who take care of the sales. Show me one deal Vega has finalized and generated revenue.

No boys, Molen has sucked millions of dollars of your money into his pockets by dilution in the recent weeks and will do very well without delivering anything real products.

How can an established biochar manufacturer's marketing rights belong to a non-operating company, which was sold for $3000? This whole scheme stinks. Only Molen can claim such fairy tales.

The only reason for the acquisition is that Molen can issue 200 million shares and dilute them. It is all cooked. Molen has done this many times before with all kind of mask entities. Would you just believe he is a total crook. Never trust his emails. He does nothing but sends them to unaware investors.

I am so glad you understand Molen's tricks. He is really bad person.

These shell company hero CEOs have no other source of income but dumping shares to the public. Check the financials, were there revenues to pay salaries? They use mask companies to which the new shares are transferred based on some made up transaction like payment for consulting services, acquisitions etc. These newly issued shares always end up dumped on the market. That way they pay themselves. These guyes will never sell anything real products, they only issue press releases, and dump shares through the mask companies.

Many guyes have been brought to picture by Molen since 2009. Read the press releases. But some people need their lesson, before they believe.

Your concern should be Michael K. Molen, certainly as notorious as Gerald Pitts, warnings are enough available on the web.

See the man's track record, the PRs since 2009 about building bio-coal plants with no assets or revenue booked in financial statements, no employees, only one man posting pump and dump announcements.

Perhaps I did not listen to the interviews, but when I see something on documents and officially filed with the SEC, that would have some impact.

Can you show that the Vega's biochar deal is anything more than a right to market Biochar Now's product for growers? That does not mean Vega has any product, why would Biochar Now hand over their superior soil enhancement to a pennyless scam artist?

What I wonder is how can people be so childish that they believe that established companies would do anything with a one man shell company, which has no track record of revenue for the last 10 years at least.

And what about real world? Do you think Molen survives there? PUMP AND DUMP for eight years with NO RESULTS.

Please check the background of the CEO. No track record of ever generating revenue, pump and dump over the past eight years at least. Do you think this is the kind of person who takes responsibility of some serious business? After sucking your money from the stock market he will go to spend it, when the money has been burnt, a new PR campaign will commence again.

I am just surprised why people cannot see this during the internet era, when everything should be so visible. Check the man and think about his deeds.