CardioVascular BioTherapeutics (fka CVBT)

[walhall]

The lies of Venturis Therapeutics leadership

Here we are at the end of November 2020, and Venturis not only hasn't held the annual shareholders meeting in 2020 in violation of the company's bylaws (which was supposed to take place in May 2020), but worse, Venturis has not publicly said a thing about this gross abdication of its responsibilities to its shareholders. While someone (in my opinion a member of the leadership team) anonymously indicated the meeting had been re-scheduled to sometime in the fall of 2020, obviously that never happened. There's 30 days left for this meeting to ever take place in 2020. Don't hold your breath.

In my opinion, Venturis has collapsed under the weight of years of its own lies. Lies that were used to gather support for the hostile takeover of Cardiovascular Biotherapeutics (CVBT), lies that were disseminated by leadership throughout its failed tenure since 2014 which I have documented, and lies anonymously shared that have suggested huge investment, investment bankers raising funding, etc., none of which has remotely happened. It's all been one giant pile of stinking lies.

But why should anyone have thought it would end differently? Anyone who did even a modicum of due diligence on Calvin Wallen III would have seen all sorts of red flags. And was anyone surprised when the U.S. government filed a lawsuit against Mr. Wallen to recover the $14 million he allegedly stole from his previous company, Tauren Exploration, before Tauren filed for bankruptcy as a consequence of Mr. Wallen's stellar leadership? To Mr. Wallen's credit, he has been able to delay, delay, delay judgment day in court by pursuing a scorched earth approach to his upcoming trial, and he got a huge assist from coronavirus adding to that delay. But the law is coming, and I would guess that in 2021 Mr. Wallen will finally have his day in court. It's clear to me it won't end well for him.

I've read the government's charges against Mr. Wallen and the preliminary evidence, where the government provide dates, amounts, and destination bank accounts of the monies Mr. Wallen allegedly stole from Tauren. This information was put together by a forensic accountant hired by Tauren's bankruptcy trustee, and he revealed the alleged fraud for all to see. I can't imagine there's any credible defense Mr. Wallen can mount. But one thing's for sure: If he was so sure he is innocent, why has Mr. Wallen done everything possible to put off the start of his own trial? We all know the answer to that question.

All that remains is the upcoming Venturis Therapeutics bankruptcy filing.

For more information about this failed company and the alleged crook who is its CEO and controlling shareholder, read here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156705047