CardioVascular BioTherapeutics (fka CVBT)

[walhall]

Question 7: What promises to CVBT/Venturis shareholders have been made by Calvin Wallen III and Grant Gordon over the years which have NOT been broken:

A) We were told $8.5 million in new money would come in once Calvin Wallen III took over CVBT, and this would get the clinical trials back on track.

B) We were told that Calvin Wallen and Grant Gordon would go back to school in the evenings and finally earn their undergraduate college degree (Wallen) and high school diploma (Gordon) by 2018, so that the company's CEO and one of its Directors could both at least say they had high school diplomas, and the CEO would at least have a college degree.

C) We were told that the clinical trials would resume in 2019.

D) We were told the company would hold annual shareholders meetings every year and communicate regularly with shareholders, unlike the previous leadership team.

E) We were told that moving the company to Dallas and integrating itself into the Dallas biotechnology ecosystem (there is one?) would jumpstart the company's progress.

(The correct answer is at the bottom of this posting)

This is part of our new Venturis Therapeutics educational trivia series. Unlike the cheap imitators here who lack a single original thought in their minimally-educated brains, ours is an educational and fun exercise for the whole family while we're mostly not social distancing anymore (but are going to be sorry we didn't).

For more information:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155716827

The correct answer is: (B), these are not promises that were broken, because unlike all the other choices, (B) containts promises that were never made. Sadly, we were never told by the company's leadership that they would address their own educational deficits. Instead, the company continues to be led by dropouts who lack even a college degree. No wonder the results have been so dismal and the company's bankruptcy and shutdown is close at hand. Oh well...this just goes to show you that in order to succeed in a knowledge-based industry, you need one key thing--knowledge. These people are laughingstocks! And even among this pathetic group of laughingstocks, rumor has it that one in particular--the one with the Irish or Scottish accent (I can't place it)--is routinely ridiculed behind his back by even them! Reportedly the rest of the leadership team laugh at this poor tosser for his complete lack of education and because he's reportedly thought of as a moron as well (when sober).

Sneak preview: Next week's question is going to be a really good one!!