Tuesday, April 26, 2011

David Feuerborn, Thomas Jennings, Larry Shultz and the Ultimate Scam

Hello Blog World.  I want to thank all my followers and tipsters for your continued efforts to help stop the chemical fraud still being perpetrated by David Feuerborn, Thomas Jennings and Larry ShultzYour detailed information has been paramount to this Blog’s success.  Unfortunately, even the criminal convictions and the imminent prison sentences have yet to deter them.     

When I started this Blog I had no idea what type of responses to expect, but it has been overwhelming.  Feuerborn, Jennings and Shultz have deceived a lot of investors, and ruined many lives with this scam.  They have raised more than $20,000,000 since 1992, and they have not earned one cent of profit to date.  Instead they have used our investment to purchase houses, condos, sports cars, motorcycles, ATVs, and many other luxury items to support their scam artist lifestyles.

I will acknowledge that some of the investor money has gone towards “machines”, but I have learned that they use only a small portion of their funds to engineer and build these non-functional machines to look impressive in order to scam a new crop of investors.  For instance, ESS shareholders were issued a press release in 2007 stating that ESS/Can (now Elemax) was building a machine.  Feuerborn, Jennings and Shultz have even posted a letter from Paul Sicotte, where Mr. Sicotte touts the chemical’s abilities.  Personally I think this letter could be fake, but then again Mr. Sicotte was on the witness list on behalf of Feuerborn and Jennings in the Criminal Case.  Now, the Elemax machine is the same machine Larry Shultz is showing to potential investors.  This machine is non-functioning as well, and I am told it has never worked.  I am also told Shultz does not bring Feuerborn and Jennings to the meetings in order to conceal their involvement.

Let’s think about this--if Mr. Sicotte and Elemax are so confident in the chemical and the machine, then why is Shultz trying to raise money for its completion?  Why doesn’t Elemax fork out the money to complete the machine?  A tipster that visited the machine with Shultz stated that Shultz claimed they only need $250,000 to complete it.  If the Canadian group has spent millions of dollars on this technology then $250,000 should be a drop in the bucket.  If this chemical is the next best thing since sliced bread and it works in this machine, then why have the Canadians not paid for its completion to prove that it works as represented?  If you could spend $250,000 to save your multi-million dollar investment, wouldn’t you do it?  If you believed in the technology then you would, but if you realized it’s a scam then you wouldn’t.  In my humble opinion the facts do not add up, and if it smells like a skunk then it probably is one.

Jennings   

Also, I have to ask WTH is going through the mind of Thomas Jennings!?!?!  How is he willing to sacrifice his marriage and his relationship with his kid(s) for David Feuerborn and Larry Shultz?  I have received information from tipsters that tell me Thomas Jennings is actually a fairly decent guy with a skill set that would allow him to get another job away from this scam.  Personally, I think anyone that involves themselves with this scam is unethical, but through the years I have seen how greed can corrupt, and I have also witnessed how deceivingly convincing Feuerborn is.  It’s hard to pass up easy money, but there is a point when you have to walk away to protect your relationship with the ones you love.  But who knows, maybe there is more to Feuerborn’s and Jennings’ relationship than we know.

-ESS Investor

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