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MSNBC The Rachel Maddow Show February 11, 2022 09:03:00 - Vimarsana News

MSNBC The Rachel Maddow Show February 11, 2022 09:03:00

More cash. but guess what? and i bet you can probably guess where this is going. yeah, there was no new processor, or second plant. there were no million dollar contracts. in fact, there was barely even any gelatin. it was a whole lot of cat fish waste. from court documents they were quote never able to manufacture a sellable product, often pouring the results of they're tempts in a ditch behind the plant. in fact, they were only able to make viable batches of the product a couple of times, as a result the company had no customers, and never made any sales. end quote. the investor testified th...

MSNBC The Rachel Maddow Show February 11, 2022 05:03:00 - Vimarsana News

MSNBC The Rachel Maddow Show February 11, 2022 05:03:00

Of that. so if you all could chip in $25,000 more apiece, or more, if you're feeling generous, that would be great. and so the investors kicked in. they gave more cash. but guess what? and i bet you can probably guess where this is going. yeah, there was no new processor or second plant. there were no million dollar contract. in fact, there was barely even any gelatin. there was a whole lot of catfish waste. from court documents, they were, quote, never able to manufacture a syllable product, often pouring the results of third attempts in a ditch behind the plant. in fact, they were only able ...

MSNBC The Rachel Maddow Show February 11, 2022 02:04:00 - Vimarsana News

MSNBC The Rachel Maddow Show February 11, 2022 02:04:00

Customers and never made any sales. and quote. an investor testified said that he has the guy running the company why he didn't tell investors the truth in the letters he was sending out to which the guy replied, quote, they can't handle the truth. i thought these were court documents because ultimately federal prosecutors brought up multiple felony charges to this guy and his can finish to gelatin scheme that's -- he also -- always maintained his innocence but he was convicted on man fraud and bank fraud charges. was ordered to pay $2 million and sentenced to 17 months in prison. he was relea...