The Defendant’s statements were to the SECURITIES and EXCHANGE COMMISSION (SEC) and the FEDERAL BUREAU of INVESTIGATION (FBI). The statements to these federal authorities were as follows, and certainly not defamatory to Victory Energy Corporation, but specifically to activities of CEO Jon Fullenkamp. a. Statements to the SECURITIES and EXCHANGE COMMISSION, by document and verbal conversations, with the Division of Enforcement: i. Jon Fullenkamp, CEO of Victory Energy Corporation, has created at least three corporations established for the purpose of various in-field well contracts that are kept hidden from Victory Energy Corporation shareholders. In addition, these corporations are used as “consultants” to Victory Energy Corporation, specifically as an avenue for Jon Fullenkamp to pay Victory Energy Corporation shares, for services, and then sell these company shares which is not allowed by SEC rules.
ii. Jon Fullenkamp, CEO of Victory Energy Corporation, created Trust Accounts and family bank accounts which have been established to protect Victory Energy Corporation shares that Jon Fullenkamp issued himself; the intention is to create a shield to keep outside investigators from attaching these shares as ill-gotten goods. iii. Jon Fullenkamp, CEO of Victory Energy Corporation, has used Tim Pinchin as a close friend and advisor in the day to day activities of Victory Energy Corporation operations, and specifically share activities and gas field contract arrangements. Tim Pinchin is banned from these activities by the governments of the United States and Canada.