A few month in the past this was the standing of VPL Medical’s masks gross sales:
As of February 24, 2021, no new gross sales contracts have been executed.
As per a joint standing report filed on March twenty sixth, right here’s the most recent:
As of March 24, 2021, no gross sales contracts have been executed.
Oh my.
While VPL won’t have any patrons, manufacturing is definitely taking place.
As much as February 2, 2021, 130,800 masks have been manufactured. From February 3 by means of February 24 an extra 370,172 masks have been manufactured for a complete of 500,972 masks.
From February 25 to March 23 an extra 1,206,350 masks have been manufactured for a complete of 1,707,322 masks produced thus far.
Getting up to now has price $1.2 million, straight out of the Receivership’s coffers.
Regardless of nothing eventuating thus far, communications cited by Jason Cardiff embrace talks with
- FEMA to supply youngsters’s masks
- Protection Logistics Company Troop help to supply “ASTM degree 3 surgical masks and kids’s masks”
- Brigadier Common Sandford and his employees “relating to stockpile and kids’s masks”
- VPL’s Congressperson
- the Senator for Maryland and his employees to “arrange a gathering”
- Michigan Senator Stabenow’s workplace to rearrange a Zoom assembly
- VPL’s California Senator, ‘who has acknowledged she is going to “make it her mission to get California to purchase VPL”‘
- Ian Sugar to get VPL listed as a “Washington DC Accomplice”
- Liberty Companions to safe a 250 million HHS masks contract
- the Nationwide Schooling Affiliation and American Federation of Academics to arrange conferences relating to youngsters’s masks
- Cal-Trans ‘to debate sale of each Grownup and Kids’s masks’
The FTC nevertheless aren’t satisfied.
The one info now being supplied to the Fee or the Court docket is an unsworn electronic mail from Jason Cardiff itemizing conversations and potential conferences that supposedly current alternatives for future gross sales.
It is a far cry from the very detailed discussions with federal companies and different potential purchasers recounted by counsel on the final listening to.
The Court docket can appropriately conclude from the dearth of great written exchanges with potential patrons that VPL won’t succeed any time quickly in acquiring contracts for the sale of masks.
Pertaining to these “detailed discussions”, the FTC is kicking up a stink over Cardiff having thus far been unable to supply the FTC with proof of discussions predating March fifth.
After agreeing to supply proof of cited “detailed discussions” in court docket, none have so far been supplied.
Hooked up electronic mail correspondence exhibits repeated makes an attempt to acquire the proof by the FTC being disregarded by Cardiff’s lawyer.
With respect to the touted Amazon gross sales, VPL haven’t acknowledged it however the FTC is claiming the plan has “fallen by means of”.
The FTC notes “there may be now lower than $1,000,000 within the Receivership Property”, and that VPL is draining these funds at a fee of “greater than $200,000 monthly”.
Accordingly, the Fee respectfully requests that the Court docket order VPL to be shut down, with the intention to protect belongings for the patron victims of the Cardiffs’ fraud.
Within the occasion the court docket decides to maintain VPL open, the FTC is demanding Cardiff be held to producing proof of “efforts to promote masks” from February 1st, 2021.
The purpose of that is to push for the closure of VPL if “no contracts are obtained within the subsequent 30 days”.
Trying ahead the court docket has but to decide on the destiny of VPL.
We’re anticipating a call someday over the following thirty days, failing which the submitting of one other standing report.
Replace eleventh April 2021 – VPL Medical has been given till Might to get worthwhile, failing which entry to Receivership funds will probably be shut off.