CardioVascular BioTherapeutics (fka CVBT)

[walhall]

Complete lack of accountability at Venturis Therapeutics (formerly Cardiovascular Biotherapeutics, or CVBT)

Those of us who are shareholders (and not management anonymously posting here) believe in facts, in truth, and in accountability. I believe all of those are absent at Venturis Therapeutics (or Cardiovascular Biotherapeutics as it was until the name changed very recently, in what I believe is an attempt to fool the unsuspecting in the hope they don't find the enormous CVBT baggage).

Everyone knows the saying: A fish rots from its head. Well, everyone also knows that the head of Venturis Therapeutics, Calvin Wallen III, is accused by the U.S. government of fraud and allegedly stealing $14 million from his previous now-bankrupt company. You'll find links below if you'd like to better understand what's going on. How the allegedly-independent Board of Directors allows someone who is accused of such serious transgressions to continue to run the company let alone be on the team, says everything that needs to be said about how derailed this company is.

I've attended every shareholders meeting and took great notes. Mr. Wallen has made promises in these meetings, and none of them have born out. For years we've been hearing dates for re-starting the clinical trials, and the dates ALWAYS come and go and all that happens is the dates are pushed out another year. Rinse and repeat. I'm sick of it! We're now in the 14th year since this company has run a single clinical trial. Leadership refuses to acknowledge any of this and explain what went wrong other than to blame Dan Montano, the former CEO and founder of the company who's been gone for almost 6 years now. Instead they just act as if everything is going according to plan and always has been. In my opinion, these people are either dishonest or grossly inept. I don't know which is worse. Or maybe they're both?

Here is more information about the upcoming trial of Venturis Therapeutics' leader, Calvin Wallen III:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153583412

And here is more information about why I believe Venturis Therapeutics will be shutting its doors for good in 2020:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153440003