and here is from the ripoff report: William Veve and his fellow croney Daniel Burgess who represents himself as "Will's biggest fan" and "Will's first investor" are basically running a ponzi scheme where as they must bring in new money to pay back old investors or anyone that requires payment to keep their scam in Verde Media Group (OTC: VMGI) going.
Desperate for marketing and new investors, Will Veve and Daniel Burgess of "Tucker Financial" came up with a scheme in which they would post date a check for services provided by our company and promised the check for $20,000 would clear. The check was deposited 10 days after the already postdated date, after services were rendered, and after over $15,000 in fees were paid out by my firm on behalf of Verde Media.
So, somehow the new CEO "Sprung" got involved and got the special preferred supervoting shares and named himself CEO? Sure wouldn't trust VMGI after the scandal where Veve and cronie gave himself special preferred shares that can be converted to around 8.25 billion common shares.
So, now Sprung now owns those questionable preferred shares. Funny, I see nothing in the financials that shows how much the previous owners of the special shares were paid by Sprung. Must be trying to hide his involvement in those scandalous shares?
I would like to invest, but would like a link showing Nicholas Sprung in the same article as VMGI. Just being careful. Your quote is from 2005 and some of the articles are from the 90s:
“We are very pleased that Nicholas has agreed to join our board,” said Prime Rate Investors President Dan Burgess. “He has driven Stockli USA's growth over the past decade and remains paramount to its continued expansion and the overall vision of Prime Rate Investors,” he concluded.”
I'm guessing Sprung may not even have know that the crook Burgess was a crook when accepting the board position. Hopefully CEO Sprung no longer is a boardmember or associated with Burgess.
I did see a ripoff report that showed both Veve and Burgess as actors in other schemes. Did Sprung even do any DD on Veve/Burgess before being given all those special voting shares in VMGI, that also are convertible to 8.25 billion common shares of VMGI?
Awesome we have got almost all of the 30M shares at .0005 to come to .0004 so when the .0004s get taken out here shortly we should have almost nothing at .0005. Cheers!