"Our January 31, 2019 cash position was not sufficient for 12 months of operations. Anticipated revenues associated with the Veneto acquisition are expected to dramatically alter the cash flow landscape"

How does goodwill and intangible assets pay the bills? By now you must realize that there are no real assets. There is no referral business. There is no income.

And why is Joe being so gracious in his negotiations with the Texas hucksters?

"In addition, pursuant to the Amendment, NuGenerex agreed to assume approximately $3.8 million in outstanding institutional debt of Veneto subsidiaries"

Joe did you know or did you get scammed? They are very convincing and charming after all. Don't feel too bad though, they have done this to lots of investors and businesses. Empty promises, bold lies, creative accounting and a great song and dance. I am sure they hoped you would pay up before you realized the house was built out of cards.

If you are still convinced, please visit my ebay store. I am selling intangibles and goodwill with free shipping.