Saturday, August 15, 2020 2:17:51 PM
To cut through the various inaccurate statements
A Venturis Therapeutics (VT) affiliate has an award approaching $2m against the ex-CEO, Daniel C. Montano which is set in stone by the courts.
In the arbitration Montano/Jacobs were slammed by the arbitrator for attempting to steal VT’s assets. He did award Montano a few months unpaid salary dating back to 2013 which amounts to much less than 7 figures and is nullified by the above judgement against Daniel C. Montano. In any event the arbitrator stated that any payments to Montano/Jacobs would only be paid at VT’s discretion AFTER VT pays for it’s clinical trials costs and General & Administrative expenses.
7 individuals were found guilty of bringing a nuisance case against VT. The wife of Daniel C. Montano is being pursued by Judge Spraker for champerty for financing the spurious case which may or may not result in Federal jail time.
One of Daniel C. Montano’s closest business partners, John Laub, is one of the 7 mentioned above. He was caught perjuring himself by Judge Spraker when he finally admitted that the spurious action was for the purpose of trying to put VT out of business. This is a very serious matter. It appears that the damages award against the 7 could well result in the personal bankruptcy of the “Spurious 7”.
It was stated that the VT CFO declared that at a previous Annual Meeting (2 years ago) that VT was insolvent. Clearly that statement is erroneous. Firstly, no CFO would make such a statement at a shareholder meeting. Insolvent companies don’t have Annual Meetings. In addition insolvent companies don’t expand their Patent Portfolio as dramatically as VT has whilst being “insolvent”.
It would be nice to see some evidence for remarks made by all posters.
Dan Montano’s puppies spout ad nauseum that Calvin Wallen is being pursued by the US govt. Much as I’m sure that is on the ex-CVBT CEO’s wish list it is again incorrect. As you can see from official court documents the action was being mediated at present at the request of Gloria’s Ranch. As Dan Montano found out the hard way, Calvin Wallen plays for keeps as the Gloria’s Ranch people also found out hence the mediation. Gloria’s Ranch failed to file on the papers in June so effectively the matter is now closed. Nothing about the Feds jsu another pair of rich guys fighting with each other Mediation in Tauren (Wallen) case
A Venturis Therapeutics (VT) affiliate has an award approaching $2m against the ex-CEO, Daniel C. Montano which is set in stone by the courts. In the arbitration Montano/Jacobs were slammed by the arbitrator for attempting to steal VT’s assets. He did award Montano a few months unpaid salary dating back to 2013 which amounts to much less than 7 figures and is nullified by the above judgement against Daniel C. Montano. In any event the arbitrator stated that any payments to Montano/Jacobs would only be paid at VT’s discretion AFTER VT pays for it’s clinical trials costs and General & Administrative expenses. 7 individuals were found guilty of bringing a nuisance case against VT. The wife of Daniel C. Montano is being pursued by Judge Spraker for champerty for financing the spurious case which may or may not result in Federal jail time. One of Daniel C. Montano’s closest business partners, John Laub, is one of the 7 mentioned above. He was caught perjuring himself by Judge Spraker when he finally admitted that the spurious action was for the purpose of trying to put VT out of business. This is a very serious matter. It appears that the damages award against the 7 could well result in the personal bankruptcy of the “Spurious 7”. It was stated that the VT CFO declared that at a previous Annual Meeting (2 years ago) that VT was insolvent. Clearly that statement is erroneous. Firstly, no CFO would make such a statement at a shareholder meeting. Insolvent companies don’t have Annual Meetings. In addition insolvent companies don’t expand their Patent Portfolio as dramatically as VT has whilst being “insolvent”. It would be nice to see some evidence for remarks made by all posters. Dan Montano’s puppies spout ad nauseum that Calvin Wallen is being pursued by the US govt. Much as I’m sure that is on the ex-CVBT CEO’s wish list it is again incorrect. As you can see from official court documents the action was being mediated at present at the request of Gloria’s Ranch. As Dan Montano found out the hard way, Calvin Wallen plays for keeps as the Gloria’s Ranch people also found out hence the mediation. Gloria’s Ranch failed to file on the papers in June so effectively the matter is now closed. Nothing about the Feds jsu another pair of rich guys fighting with each other Mediation in Tauren (Wallen) case 
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