Now read it closely
Business
Vega was formed to pursue the production and sale of biofuel products
thrlughout the world (LOLOLOL). With the growing need for clean energY, and the uncertain
costs of fossil fuels, power generating plants around the world are looking at more
useful and economical methods to run their power systems. The Company
currently markets two products; a renewable energy product called Bio-coal and a
soil enhancement called Biochar, both made from timber waste. (see the revenues over the last 4 years)
Revenue for 2015 - (and please review all the vencor 'news' and the european 'deal' etc....was $61,555
Cost of rev was half that. So 30k was total revenue.
HOWEVER - look closely at the money raised through shares....and the one officer...and the expenses....and the fact (yes Mr Molin) ...fact) that there has not been a closed hard transparent revenue producing deal for the entire year.
So where does this money come from...it comes from thise who buy the shares...and give to the company....to spend on the company and its 1 officer.
SUMMARY PAST revenue
2012 - NO revenue
2013 - NO revenue
2014 - $159,543 / 85374 net > $74,169
2015 - $61,555 / 32,665 net > $28890
so the total the company has made over the last 4 years has been about 100k
Now look at the company 'expenses' and the share history with 2 reverse splits and more share classes than one could ever understand..ALL FOR 100K WITH LITTLE TO NO SUSTAINING BUSINESS
THE ONLY CONCLUSION IS THIS COMPANY IS ABOUT THE SHARES....IT IS THE ONLY MONEY RAISED AND THE PRIMARY BENEFICIARY HAS BEEN THE ONLY PRINCIPAL OFFICER OF THE COMPANY
But dont take my word for it - review the last 3 year end reports....amazing what one can squeeze out of trusting investors
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