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APDP its actually $1,700,000 that Conman owes VT.
A few years ago an adverse decision in the Nevada courts awarded Calvin Wallen $2,500,000 against Conman Dan. An arbiration case awarded Conman $800,000 of back pay. The balance of $1,700,000 is now being pursued by VT aggressively.
Poor Old Conman, he simply can't catch a break
Also, JohnnyM if you look at the old video that was compiled by shareholders in Singapore you'll see that the reason that Daniel C. Montano is affectionately known as Conman Dan is that he has actually been CONVICTED OF FRAUD. See the section at 4.32 titled "Dan Montano Loots Baraban Securities, Still Owes More Than $1.1m".
I hope you find this useful JM.
DAN MONTANO'S FRAUD CONVICTION
Now for the truth - REDUX
Conman Dan raised no cash for CVBT (as was). The seed capital & all other raises were done by Grant Gordon, the co-founder & present director of CVBT/VT. Grant Gordon also raised all the cash since 2014 when the shareholders kicked out Conman Dan. 95% of the votes were to the new management team who saved the company on behalf of the shareholders.
VT has lost zero lawsuits to Conman. The conman was awarded $800,000 in back wages via an arbitration case, not a lawsuit, which reduces the award Calvin Wallen won (he was awarded $2.5m against Conman) to a net $1.7m. Mr. Wallen very kindly assigned the award to VT. VT is now going after Conman for payment of the $1.7m.
Shittya was kicked in the teeth by the US FDA when they tried to seek permission to conduct trials in USA. Shittya were forced to go to Mexico to conduct a non-FDA Phase 1 trial. To date Conman's Shittya has treated ZERO patients. VT on the other hand has treated over 300 patients successfully with ZERO side effects. VT is also moving into a Phase 2b/3 trial under the auspices of the FDA. As per previous posts, VT is 5 laps ahead of Shittya in a 6 lap race.
p.s. & yes, Conman is still a bankrupt (BK) 8 years after declaring BK.
You're too funny, JohnnyM.
This is going from the sublime to the ridiculous. Apparently, each moderator can input their own "Edit Intro" section before the actual messages. So you have an "interesting" insert by YOU KNOW WHO which is libelous & a comment by me that is an accurate depiction of VT.
It's crazy stuff!!
It is interesting. As I understand it from my friend, Conman was offered $15,000 per month for 5 years, keep his stock (19m shares), & no legal case against him. However, due to his hubris & mental fragility he decided to fight it. This resulted in him having to file for bankruptcy* & ending up with no shares in CVBT. It's very sad that mental illness plunged him, his family & a few hangers on into the abyss.
*he still has not been discharged from the bankruptcy almost 8 years later.
Its the other way round. VT is about to go after Conman Dan for the balance of $1.7m he owes them.
Conman has a history of snatching defeat from the jaws of victory. Watch the 7 minute video of his history. It's frightening how many people/companies he's destroyed due to his hubris
Actually, I'm wondering how you could possibly know about the non-existent "debtor exam".
Ooops
That is so amusing. Thanks Walhall. Never a dull moment.
The interesting thing is that no one outside of the insiders have a clue what molecules VT has, especially the new molecule they now control.
Who will be appointed as the new CEO of Shittya before their upcoming IPO as bankrupts such as Snake Oil Dan can't be CEOs of public entities.
I believe it's the Kiev Tier 3 exchange. They were already turned down by the Lagos Secondary Market.
I agree it's good for Danny Boy that he now only owes VT $1.7 million. If he sold Shiitya to VT that would pay down another $500,000. Where do you think he'll get the other $1.2 million from?
Also, as far as I'm aware bankrupts can't be the CEO of a company going public.
I would love to hear your thoughts, JohnnyMc, on the good news on VT's new heart patent?
LOL!!!!!!
Some posters have a great sense of humor
I remember CVBT'S 2005 IPO when because of Bankrupt Man aka Dani C. Montano's "interesting past exploits" we ended up on the OTCBB. I'm not even sure OTCBB will have him on there nowadays.
I've got a sore stomach laughing so hard at the prospect.
Yet another patent granted by USPTO for VT's Ischemic Heart Disease therapy.
It is a comprehensive piece of IP which has 15 different claims to it.
Wow, VT is killing it. Their comprehensive patent portfolio sets it aside from the vast majority of biotech companies.
Venturis Therapeutics Inc. Announces Granting of US Patent for the Angiogenic Treatment of Ischemic Heart Disease, issued April 6, 2021, with 15 Patent Claims
As per VT's presentation & the UN WIPO:-
Patents at the Core: the Biotech Business
World Intellectual Property Organisation - WIPO
“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
LOL!!!
Dan Montano has obviously decided to amongst the top biotech companies in Vegas such as mmm, ahh, mmm,well,mmm.
Yep, seems appropriate.
Good Ol' Dan being in the "hotbed of Life Sciences in Las Vegas"
The 4 billion hits that Shittya has received don't count for diddly squat with the US FDA which of course is the same situations for Phase 1 trials in Mexico.
The VT Phase 2b/3 trials under US FDA auspices have a better ring to it than Phase 1 trials in Mexico.
But Shittya does have 5 billion hits on their YouTube channel. I guess it must be game over. LOL!!!
Let's keep it simple.
Dan Montano owes VT $1.7 million net.
Just to remind you.
In arbitration Danny Boy was awarded $800,000 in back wages. VT has an award c/o Calvin Wallen amounting to $2.5 million netting out to $1.7 million.
I wonder where Danny Boy will come up with that sort of money?
He needs to rip off a lot more senior citizens at the Money Shows to come up with $1.7 million.
I am absolutely delighted to report that this is not the case.
dan montano was awarded $800,000 in back salary. Unfortunately, for FAILED_CEO, VT via the largess of Calvin Wallen, III holds a $2.5 million damages case which nets out to dan montano owing $1,700,000 to VT. OUCH x $1.7m!!!!!
VERY INTERESTING!!
dan montano was awarded $800,000 in back salary. Unfortunately, VT via the largess of Calvin Wallen, III holds a $2.5 million damages case which nets out to dan montano owing $1,700,000 to VT. OUCH x $1.7m!!!!!
Let me help you, CVBT Fan.
Zhittya did NOT win a lawsuit. The failed CEO of Shittya was awarded past wages in an arbitration, not a lawsuit. Unfortunately for FailedCEO, VT has a $2.5 million lawsuit award by the courts in Nevada. FailedCEO's wage award amounted to $800,000. So, bottom line, FailedCEO owes Venturis Therapeutics $1,700,000. Should we have a whip round to see if we can help FailedCEO. I reckon we could raise $10.49 for him. Only $1,699,989.51 to go...........................
History of a FAILED CEO
p.s. Shittya has no IP. VT has a comprehensive Patent Portfolio. Poor ol' FAILED CEO!!
Apart from anything else he hasn't won any cases. He was awarded his back pay of $800,000 in arbitration. Back pay earned when he was destroying VT. Remember his record. 2005 VT (then CVBT) was capitalized at $1.8 billion. In 2012 it was delisted due to Dan Montano's ineptitude at a value of $40 million.
But hey, Shittya has 2 billion followers on YouTube..........LOL.
Talking of YT I found this hilarious video of Dan's "expertise".
Daniel C. Montano, CEO Extraordinaire - LOL
VT 5 laps ahead in a 6 lap race.
"Zhittya Genesis Medicine is CardioVascular Biotherapeutics (Venturis Therapeutics) only competitor in the development of FGF-1. Zhittya Genesis Medicine was founded by the former CEO and founder of CVBT, Dan Montano. Zhittya Genesis Medicine has since soared (into oblivion) to the top since he left CVBT in 2014."
Zhittya isn't a competitor of VT. Zhittya is what is referred to in Las Vegas as, SMOKE & MIRRORS.
"Under the Marketplace Exclusivity, the first company to obtain approval gets an effective monopoly for 10 years. With Zhittya Genesis Medicine (ZGM) indubitably ahead of Venturis Therapeutics by about six years, it is clear who will be the first to monopolize the FGF-1 industry."
Zhittya is stumbling around in a Phase 1 trial in Mexico. They have treated ZERO patients. VT have a Phase 2 CAD trial ongoing & a Phase 2b/3 pivotal trials. In other words VT is around 5 laps ahead in a 6 lap race.
"Zhittya Genesis Medicine and Venturis/CVBT are the only two companies in the race to commercialize FGF-1. Clearly Zhittya Genesis Medicine is far ahead of Venturis in the race as their announcements clearly state that they now have a large batch of FGF-1 at their disposal, have started numerous clinical trials such as in Parkinson's Disease and ALS, have had countless webinars whose social media campaign has touched tens of millions of people, with their subscriber list at tens of thousands."
Countless webinars mean diddly squat with the US FDA. To reiterate VT is around 5 laps ahead in a 6 lap race.
"CVBT/Venturis has now lost Myerson, CVBT has now lost yet another major court battle, Venturis has now lost the majority of their administration. What do we have? There are no experts running Venturis Therapeutics, those experts fled the company after they testified in court that CVBT was lying!"
Again, completely erroneous. Myerson was fired by VT years ago. Refer to the VT presentation where it lists the comprehensive nature of the CVBT team. Anyone who wants the presentation can contact Grant Gordon (my source) at ggordon@venturistherapeutics.com. Needless to say the naysayers have no up to date information on VT as VT has deliberately flown under the RADAR for years which is changing as I write this.
With Daniel C. Montano's $1 million dollar judgement against CVBT/Venturis Therapeutics (WHICH CVBT/VENTURIS HAS NO OFFSET) it is clear that Dan Montano will be coming after Cardiovascular Biotherapeutics.
VT has offset due to Calvin Wallen assigning his $2.5 million judgement against Dan Montano to VT. This means that Dan Montano now owes VT $1.7 million.
Every Cardiovascular Biotherapeutics/Venturis Therapeutics shareholder has to keep up with Zhittya Genesis Medicine because they are our only competition! Our competition is leaving us in the dust, without a doubt they are six years ahead of us!
To reiterate (yet again) VT is around 5 laps ahead in a 6 lap race.
Ultimately I must ask, Zhittya Genesis Medicine has proven that in 6 years a lot of progress can be made. Where is CVBT/Venturis Therapeutics progress? We have made no drug, we have had no shareholders meeting, we have done nothing but lose court battle after court battle in the last half decade. We are losing. When will our CVBT management respond?
VT has drug & are in pivotal trials with the US FDA. Zhittya is in a Phase 1 trial in Mexico, not under FDA auspices.
Every CVBT shareholder should care.
Every VT shareholder does care and are pleased to be on the equivalent of a super yacht as opposed to SS Titanic (Dan Montano/Zhittya).
The one area that Dan Montano is miles ahead of VT & VT management is the number of failed/bankrupted businesses he’s been involved in scuppering. Something in the order of 20 failed businesses over the past 30 years. In addition Dan Montano is in personal bankruptcy. A SERIAL FAILURE.
VT has a comprehensive IP portfolio. Zhittya have nada, not one patent to its name. The failed CEO, Dan Montano, actually believes that in biotechnology IP is worthless. That alone tells you all you need to know about the failed CEO.
DAN MONTANO OWES VT $1.7 MILLION
How can a bankrupt such as Dan possibly pay off this amount of award. VT must be happy as will the majority of VT shareholders.
Interesting. Please post the case details. I searched on PACER and there is no mention of any case brought by CVBT. Also, I'm interested in how you could you possibly know of any details on what CVBT people said??
Very strange!!
It was an award from a certain retired judge, Zimmerman. Nothing to do with Federal Courts.
My question is where the heck will Dan Montano get $1,700,000 to repay VT (the $2,500,000 award to Wallen, now VT, less the $800,000 awarded in back wages to DM)?
Also, as DM is still in bankruptcy will his creditors take action to get hold of the $800,000?
I've heard that the Shareholder Meeting has been slated for June 2021. As I understand it it'll be announced shortly together with some other very interesting and positive news. From my keyboard to GOD'S ears.
I believe this is a big deal for VT, particularly as it has the IP protection around it. In the most recent presentation from VT it has a statement from Chairman of the Board of Directors, Novo Nordisk as follows:-
Patents at the Core: the Biotech Business
World Intellectual Property Organisation - WIPO
“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
I would like to share the presentation with y'all but as I signed an NDA before they would send it to me, I need to check out whether I'd get into trouble for sending a link to it here.
I hope everyone has a great weekend.
Johnny & all other "VT supporters" you appear to have missed my post yesterday. I am happy to reiterate.
"I have excellent news for you Johnny & all other VT supporters. The judgement (which had nothing to do with Federal Court, it was arbitration), amounts to slightly over $800,000 of back wages. The problem for Dan is that the $2.5 million awarded to Calvin Wallen a few years ago has been assigned to VT so Dan now owes VT $1.7 million. I am sure that's a relief to all concerned. Where do you think that Dan Montano, who is still bankrupt, will be able to come up with that sort of cash?
I guess good old Dan is in a bit of a pickle.
A sad day all round for Zhittya & Dan Montano personally.
By the way, this information came from someone very closely involved in these matters."
I forgot the other bit of good news. The case between Gloria's Ranch & Tauren (Calvin Wallen) has been settled by the parties out of court. In fact I was just on the PACER website & it confirms the case is closed as per:
Filed & Entered: 04/12/2021
Docket Text Close adversary case
That must be a relief to all posters on the board.
I have excellent news for you Johnny & all other VT supporters. The judgement (which had nothing to do with Federal Court, it was arbitration), amounts to slightly over $800,000 of back wages. The problem for Dan is that the $2.5 million awarded to Calvin Wallen a few years ago has been assigned to VT so Dan now owes VT $1.7 million. I am sure that's a relief to all concerned. Where do you think that Dan Montano, who is still bankrupt, will be able to come up with that sort of cash?
I guess good old Dan is in a bit of a pickle.
A sad day all round for Zhittya & Dan Montano personally.
By the way, this information came from someone very closely involved in these matters.