Here's the problem with this statement. What has all this money been spent on? We are talking millions and millions of dollars with nothing to show for it over a period of years and years.
If Volk had some basis to form a viable company, something should have been close to shovel ready. Without that, no one will loan a company money. He needed a good, workable business plan and a good, tested property. Without those basic items, there was no reason to form a company unless, your basic goal was to sell stock. When that's the goal, the toxic guys are the only ones to deal with. It's quick, easy money. No business plan, no problem.. No assets, no problem. Just give them shares at a huge discount to the market and the money flows into pockets.
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