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I loved your post, JB2001. So much so I've taken the liberty of reposting it.
johnnyblades2001 Friday, 07/24/20 08:23:12 PM
Re: None 0
Post # of 2489
Let's get this clear. Just so I understand. The supposed college dropout, that Dan begged to invest in CVBT, to the point he guaranteed Calvin's investment with Dan's personal shares was successful in getting Dan voted out by a 95% - 5% margin?
The same supposed college dropout that later used Dan's own shares against him to vote him out?
The same Calvin Wallen that posseses Dan's shares that are currently valued at $420 million by independent valuation company and major institutional investors?
I just want t make sure because it's hard to understand because Dan has been CEO of soooooo many companies. He has such a prestigious degree. There is no way way he could let himself be stripped naked of everything by such a loser.
I just want to make sure I understand because after seeing the explosive video where he was PUT IN HIS PLACE by the Delaware attorney and reading the deposition where Dan said GOD spoke to him. I don't know how that could happen.
After reading the process server's deposition about how Dan sped through parks and fields where children were playing, it is difficult to believe such a STABLE individual could have been bested by an under educated person.
I guess it's a hard pill to swallow. Lolol
No, this is an infomercial.
Butterball, snr & Butterball, jnr's kid on biotech association
It lists all the major biotech companies in Nevada such as, emmmm, well there's, emmmmm, and of course, emmmmm.
Beyond funny!!!!!!!
I know. 2.5 years of failed predictions. Both sad & pathetic.
A couple of interesting posts from May 2018.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140890236
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140557914
2+ years later, the result?
NADA!!
VT with a $7 billion valuation & Mr. Wallen in mediation on his case.
YAWN!!
The more nonsense such as that he spews is good news for us. Remember Dan is not a well man mentally. Eventually he was going to go there. He simply can't help himself. I called Grant today & told him what was posted. All I can tell you is that he was delighted. Now that Butterball has bankrupted SHITTYA you can be assured that this is only the beginning of his diatribe against VT & Grant/Calvin personally. You only have to look at the video of Mrs. Montano's deposition to see just how unhinged he is. Grant has shared some of the stories of Dan's behavior over the years. He is certifiable.
VT is allowing investors in at $8. Why would anyone offer $20 at present?
Because it's valued at $20 doesn't mean that's where it'll trade.
The valuation was completed by CBIZ who themselves are a public entity. One of the largest investment banks in the world has analyzed the report & gave it the thumbs up. I hope this is helpful.
JohnnyMc is absolutely correct. Butterball Montano has been awarded a multi-million verdict against VT. He has been awarded 20m. 20m Iranian Rials or US$175
Great point, Slalom.
He's due a pittance in back pay but has a BKd SHITTYA on his hands (as well as his own personal BK)
Conman Dan is a pariah in the biotech/pharma business. The most elementary Google search turns up a plethora of destruction in his past going back over 25 years.
It's must be tough being one of his supporters trying to stay positive & slag off VT when you can see nothing but a trail of destruction behind Conman Dan.
Montano was one of the co-founders of CVBT along with Grant Gordon & Stegmann. We only found out he was a dud when the pressure was on & he folded like a cheap deck of cards.
If you had bought CVBT at $0.25 per share in 2012 when Montano managed to get the company delisted it would on paper be up 32-fold as of today. Because a company is private doesn't mean that it's worthless. Not long ago Lyft & Uber were private yet no one would have described them as worthless.
Now that a reputable company has valued VT at over $20 per share it's a race to the IPO. CHARGE!!!!!!
?? ?? ??
This is going to be delicious.
VT sitting with $100m plus in the bank, SHITTYA gone bust, 75 year old bankrupted loser aka FATMAN DAN getting measured for his orange jumpsuit. Beautiful
The "multi-million dollar adverse judgment" from my sources amounts to tens of thousands of dollars. It amounts to a few months wages for when he was busy trying to bankrupt CVBT as the deadbeat CEO.
Conman Dan yet again exaggerating; SHOCK, HORROR
2020 WILL BE BLOCKBUSTER YEAR FOR VT
By my reckoning that is 20 bankrupted companies in the past couple of decades. Shittya bankrupted. Dan Montano bankrupted.
I recently found out from Grant that Conman Dan is half Scottish!!
Somehow I don't think Scotland boasts about that one
He obviously doesn't have Grant's business/financial acumen. I have started an office pool to guess what his next snake oil venture will be. If only BS could cure COVID-19 Dan could actually have a winner on his hands.
SHITTYA - R.I.P.
It's a pity that Grant is now his clean living self otherwise he could have arranged a rip roaring wake for Dan/Shittya
You're right. Small potatoes
Every time I think about the post about how much of a negative VT's new peptide is I just burst out laughing. REALLY!!!!
From the VT website
"February 27, 2020
In the Interim Decision handed down on February 25th by the Arbitrator, Michael Zimmerman, the Arbitrator found
that Montano and/or Jacobs had plagiarized Venturis’ reports, made misleading statements to investors, infringed
on Venturis’ copyrights and contractually breached their agreements and duties to Venturis. Due to the delay in
Venturis bringing this action, complicated by the Montano Chapter 7 Bankruptcy Filing, and the ruling as to lack of
sufficient evidence of damages, Venturis was awarded only a nominal amount of attorney fees. The Arbitrator also
found that Montano and Jacobs were due some amount of the back salary from Venturis that they were claiming,
stemming from working at Venturis from early 2012 through the middle of 2013; however, the amount due to Montano
and Jacobs is less than the outstanding legal Judgment against Montano held by affiliates of Venturis."
Remember Johnny, you don't have any friends at VT. Can't wait to hear how much $$$$$$$ are levied against the Montano cronies in the frivolous involuntary bankruptcy case. Any day now.
There's proof of ex-CEO's malfeasance at both VT & other companies.
The video of the antics of Dan Montano is now public knowledge.
The assertions of certain posters comes with zero evidence. They just continually post the same things without backing up their comments with proof.
Montano is super pee'd off at having been kicked out of VT by the shareholders. The Narcissist-in-Chief believes the shareholders are in the wrong.
My friend at VT told me a hilarious joke.
A failed businessman & a failed Ph.D walk into a bar in Vegas. The failed businessman we’ll call him Conman Dan & the failed Ph.D we’ll call a name that sounds like Barry. The failed Ph.D had just been kicked out of a biotech company.
The failed businessman believes he’s the smartest businessman in the room & the failed Ph.D thinks he’s the smartest Ph.D in the room. The failed Ph.D whose name sounds like Barry talks a lot of Bu!! Cr@$ to the failed businessman. Failed businessman swallows it HOOK, LINE & SINKER because he’s the smartest businessman in the room.
Hilarious, isn’t it ?? ?? ??
I'm taking the liberty of reposting my reply of yesterday as some clearly didn't read NO EVIDENCE=FAKE NEWS comment.
"Clinical trials - you are 100% correct, there has been no patients treated since 2007. It's worth looking at why. By 2008 the deadbeat ex-CEO had brought the company to its knees due to his negligence. No one would invest into, as was CVBT, due to the CEO's "eccentricities". CVBT weren't paying salary for around 2 years & were effectively insolvent. The ex-CEO was kicked out & the new management raised money at 25c to $3 per share. The company was resurrected by the new team. For those who have signed the NDA, as I have, you can see the results for yourself. You obviously haven't taken the time to sign the NDA & obtain copies of the financials etc. Why would that be? I can't understand why you would post assertions without any first hand knowledge. Is there a reason that you can't sign an NDA?
Remember - NO EVIDENCE=FAKE NEWS.
Regarding your unsubstantiated comments.
1) Insolvency. Venturis is not insolvent. It has taken an upside down balance sheet & transformed it by reducing the debt from almost $40m to effectively zero, has money in the bank & are preparing for the imminent restart of the clinical trials. They have also done pre-clinical testing for some of the newer therapies which of course they have IP protection on. Those worthless patents again
2) If Judge Spraker said that & it's public record please post the court transcript. It is very strange that Judge Spraker is about to b!@# slap the Dan Montano cronies, most probably, next week with significant damages whilst at the same time stating that VT is insolvent. However the good news is that you will be providing said evidence, won't you?
Remember - NO EVIDENCE=FAKE NEWS.
3) "Alleged crook in charge". No Dan Montano is no longer in charge Same old, same old. Unfortunately you don't appear to understand bankruptcy rules/terminology which is extremely surprising in the circumstance The US Govt isn't pursuing Mr. Wallen for fraud. Fraudulent Conveyance isn't fraud as you imply. Mr. Wallen is negotiating out the case with the petitioners in Louisiana, Gloria's Ranch. That's why it keeps getting postponed. It's the equivalent of boys scuffling in the playground. Rich guys who each think they are in the right. For your BK education I have given you & our other friends on the board a definition of Fraudulent Conveyance.
4) "Leadership is a revolving door". No revolving door. This has been explained to you at least 30 times but for some inexplicable reason you appear to keep forgetting that fact. Perhaps you suffer from short term memory loss? Perhaps FGF-1 can help in that area. A bit of Good news for dear old Butterball Montano is that there is ample evidence that FGF-1 helps with DEMENTIA One person has left the company, a consultant who acted as the VP of R&D. Everyone else is still there including Mikael Flaa who you keep saying isn't with the company any longer. So, no revolving door.
5) As previously stated VT is kicking off the clinical trials in CAD & WH imminently & PAD following shortly thereafter. It is quite frankly miraculous that the company is in the great shape it is in bearing in mind the previous CEO, Dan Montano & his cronies all but destroyed it.
So can we expect to see you posting the above mentioned evidence today or will it be Manana?
I hope this is helpful for everyone.
Fraudulent conveyance
A fraudulent conveyance, or fraudulent transfer, is an attempt to avoid debt by transferring money to another person or company. It is generally a civil, not a criminal matter. It is generally treated as a civil cause of action that arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy trustees. "
I have taken the liberty of reposting Slalom's excellent post on the importance of patents. The quote from the acknowledged experts at building a patent estate, Novo Nordisk says it all. It's why they are a 100 year old company valued at $120bn
"A great article from U.N. agency, World International Patent Organisation - WIPO.
Patents at the Core: the Biotech Business
"“Life sciences and biotechnology are widely regarded as one of the most promising frontier technologies for the coming decades."
In the Shoes of Investors
“Anyone, I would imagine, who has tried to create a biotech company knows just how important patents are. You learn this when you’re studying, and again at your first job, and if you haven’t done so before, you realize it the first time you meet potential investors.” (Mads Øvlisen, Chairman of the Board of Directors, Novo Nordisk)."
Clinical trials - you are 100% correct, there has been no patients treated since 2007. It's worth looking at why. By 2008 the deadbeat ex-CEO had brought the company to its knees due to his negligence. No one would invest into, as was CVBT, due to the CEO's "eccentricities". CVBT weren't paying salary for around 2 years & were effectively insolvent. The ex-CEO was kicked out & the new management raised money at 25c to $3 per share. The company was resurrected by the new team. For those who have signed the NDA, as I have, you can see the results for yourself. You obviously haven't taken the time to sign the NDA & obtain copies of the financials etc. Why would that be? I can't understand why you would post assertions without any first hand knowledge. Is there a reason that you can't sign an NDA?
Remember - NO EVIDENCE=FAKE NEWS.
Regarding your unsubstantiated comments.
1) Insolvency. Venturis is not insolvent. It has taken an upside down balance sheet & transformed it by reducing the debt from almost $40m to effectively zero, has money in the bank & are preparing for the imminent restart of the clinical trials. They have also done pre-clinical testing for some of the newer therapies which of course they have IP protection on. Those worthless patents again
2) If Judge Spraker said that & it's public record please post the court transcript. It is very strange that Judge Spraker is about to b!@# slap the Dan Montano cronies, most probably, next week with significant damages whilst at the same time stating that VT is insolvent. However the good news is that you will be providing said evidence, won't you?
Remember - NO EVIDENCE=FAKE NEWS.
3) "Alleged crook in charge". No Dan Montano is no longer in charge Same old, same old. Unfortunately you don't appear to understand bankruptcy rules/terminology which is extremely surprising in the circumstance The US Govt isn't pursuing Mr. Wallen for fraud. Fraudulent Conveyance isn't fraud as you imply. Mr. Wallen is negotiating out the case with the petitioners in Louisiana, Gloria's Ranch. That's why it keeps getting postponed. It's the equivalent of boys scuffling in the playground. Rich guys who each think they are in the right. For your BK education I have given you & our other friends on the board a definition of Fraudulent Conveyance.
4) "Leadership is a revolving door". No revolving door. This has been explained to you at least 30 times but for some inexplicable reason you appear to keep forgetting that fact. Perhaps you suffer from short term memory loss? Perhaps FGF-1 can help in that area. A bit of Good news for dear old Butterball Montano is that there is ample evidence that FGF-1 helps with DEMENTIA One person has left the company, a consultant who acted as the VP of R&D. Everyone else is still there including Mikael Flaa who you keep saying isn't with the company any longer. So, no revolving door.
5) As previously stated VT is kicking off the clinical trials in CAD & WH imminently & PAD following shortly thereafter. It is quite frankly miraculous that the company is in the great shape it is in bearing in mind the previous CEO, Dan Montano & his cronies all but destroyed it.
So can we expect to see you posting the above mentioned evidence today or will it be Manana?
I hope this is helpful for everyone.
Fraudulent conveyance
A fraudulent conveyance, or fraudulent transfer, is an attempt to avoid debt by transferring money to another person or company. It is generally a civil, not a criminal matter. It is generally treated as a civil cause of action that arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy trustees.
p.s. you can also post a screenshot showing that Grant Gordon is the owner. Tick, Tock, Tick, Tock...……………..
My contact says the lawyer is David Finger of Finger & Slanina in Delaware.
No, it was some lawyer from Delaware.
His lawyer's reaction is priceless. When he gets up & walks out of video coverage. You can hear him thinking, "HOW THE HELL DID I GET THIS PSYCHO AS A CLIENT?????"
Also, Mrs. Butterball (who is anything but a Butterball) just sits there as if it perfectly natural her husband's behavior. Very telling...…….
I think when she puts the food on the table Butterball must scoff everyone's helpings.
Yep, I think CVBT's lawyer had a crystal ball.
Butterball is the classic bully. All bark & no bite.
Fantastic find, BrightIdeas. Bravo!!
He really is a psycho. I wish you had found it a few weeks ago, but no time like the present. Thank you.
The co-founder who kicked PSYCHO DAN out of the company told me of the time they were in Seoul, Korea addressing 200+ shareholders & someone in the audience dared to ask why the share price had fallen from $15 to $3 per share. It was a case of light the blue touch paper & step back! He went APE on this poor Korean shareholder, screaming & shouting for at least 5 minutes before drawing the meeting to a close. Apparently the corporate lawyer was there and looked ashen at the tirade. The most telling thing though was after the presentation was over Butterball told the CVBT people that it was a very positive meeting & that the Korean director actually saved face by his tirade!!!!!
His complete lack of introspection is mind boggling. His complete lack of self control is also mind boggling.
Incredible Johnny Boy.
Can you list these "denied patents" you keep bringing up?
I know what you mean by commercially unviable. VT's patents ONLY address a $139 billion annual marketplace. Chicken feed - LOL!!
Come on Johnny Boy, try a bit harder.
BTW, we're waiting on those "denied patents"
WOW!!!!!!!
No wonder Dan's nephew has carpal tunnel syndrome!!!!!!
Does anyone know if FGF can cure dementia. If it does Dan's may have a future. Dont worry Dan, Venturis' ED treatment will be available shortly to help with your other little issue.....LOL
100% accurate Johnnyblades
Poor Johnny Boy. Always on the wrong side. Uncle Dan is going down like he always does. 20 bankrupted companies in the last 20 years. Personally bankrupt & a closet alcoholic. Midnight drunken emails which end up bankrupting Phage Biotherapeutics. Yep, Dan Montano is a peach - LOL.
By the way Johnny Boy how come you're not a moderator any longer?
LOL²
You know why they had to resort to Mexico?
The FDA put a clinical hold on Shittya which is FDA speak for "NO WAY, NO HOW"
They will never get approved in USA with CONMAN DAN at the helm.
The final act is indeed here, Dan.
From my buddy at VT.
"Many of you have been asking about the legal cases against the Dan Montano cronies.
1. The bogus involuntary bankruptcy. Judge Spraker is due to announce during the last week in February how much damages is being awarded to Venturis Therapeutics. This will be made up of costs, actual damages & punitive damages. He is assessing the plaintiffs on an individual basis according to their culpability. Presumably Laub will be top of the judges list as he was caught perjuring himself in December & appears to have been the ring leader.
2. Arbitration against Montano & Jacobs. We also are due to hear the penalties imposed on them by Judge Zimmerman last week in February on 5 different counts including the civil RICO Act.
As soon as we know the damages against them I'll let everyone know."
It's like watching a Wile E. Coyote cartoon. Every time Dan thinks he's moving ahead "beep, beep" & he gets screwed yet again. Poor Ol' Butterball & Butterball, Jnr.
All you have to do is look at the YouTube video of his past exploits. He has bankrupted every company he has been involved with. He is a total failure in business & remember he is personally (& morally) bankrupt. He can't even manage his personal finances let alone a biotech company.
Any comment WalMac?
That's strange, Dan. I can see them on YouTube
" Bio CanuckRX
5 hours ago
I found a really interesting video about the CEO of Zhittya.
P.S. IS THIS THE SAME GRANT GORDON WHO RAISED $150M FOR VENTURIS THERAPEUTICS??
AMAZING FOR SOMEONE WHO IS CONSTANTLY DRUNK.
FANTASTIC POST, JOHNNY-BOY
THAT EVIDENCE WE KEEP ASKING FOR IS IT ON ITS WAY BY CARRIER PIGEON?
BY THE WAY WHEN I FIRST SAW YOUR VIDEO I THOUGHT IT WAS BUTTERBALL BK MONTANO GETTING PREPARED FOR ANOTHER DRUNKEN MIDNIGHT EMAIL TO A CREDITOR. REMEMBER, A BIT LIKE THE EMAIL RANTING THREATENING HIM WHICH LED TO THE PHAGE BK A SHORT TIME LATER. ANOTHER BUTTERBALL MONTANO SUCCESS STORY. THIS PORTION IS AT MINUTE 1.43
They are hiding behind the mountain, JB2001