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Trevisiol, Rivera go to court Monday
Published Saturday, August 9, 2008
NATCHEZ — On Monday Mark Trevisiol will have his day in court.
Trevisiol, founder of Noront Recycling, reportedly financially backed John Rivera in a biofuels development facility that ultimately failed.
At the time Rivera received the funding he was acting as CEO of U.S. Sustainable Energy Corp.
The money was meant to back a Port Gibson-based plant that was supposed to turn shredded tires and other feedstock into biofuel.
Now the Port Gibson facility no longer exists and Trevisiol is seeking restitution.
He reportedly gave Rivera $37,000 in funding for the project.
In September 2007 an Adams County judge refused a motion from Rivera’s attorney to dismiss the case.
And Trevisiol’s attorney, Rick Bass, maintains his client has never seen any benefit from his investment.
“As set out in the complaint, he is simply looking to recover the benefit of the bargain he made with Rivera. In exchange for buying the facility Rivera was using in Port Gibson to develop and demonstrate his process and providing a specified amount of bridge financing, my client was supposed to receive certain rights in Rivera’s process and the sale of any by-products of the process, in addition to rent and other consideration. The complaint alleges that Rivera never intended to perform his side of the bargain,” Bass said.
Claude Pintard, Rivera’s attorney, could not be reached for comment.
The case is scheduled to be heard at 9 a.m. on Monday with Chancery Court Judge George Ward presiding.
Comments
Posted by stateofnatchez (anonymous) on August 9, 2008 at 12:47 a.m. (Suggest removal)
Shredded tires into a sustainable fuel? What an idiot. Claude Pintard? Another reason he`ll never see a dime.
Posted by fire39212 (anonymous) on August 9, 2008 at 4:57 a.m. (Suggest removal)
If this business would have got off the floor he wouldn't be wanting his money back...That's a risk you take....
Posted by Krogers (anonymous) on August 9, 2008 at 10:22 a.m. (Suggest removal)
Trevisol sure fell for that scam hook, line, and sinker!!
Hope he can recover some of his money, civil suit, and criminal suit also, hope Rivera winds up in jail as it seems to me he was scamming from the start
Posted by texasranger (anonymous) on August 9, 2008 at 4:45 p.m. (Suggest removal)
On Wednesday John Rivera was arrested on charges of grand theft above $20,000.
The warrant for Rivera’s arrest was filed in West Palm Beach, Fla., however Rivera was arrested in Baytown, Texas where he currently serves as CEO of Sustainable Power Corporation.
While Cutler said he did not know who filed the charges he said they were “in relation to a previous company he (Rivera) was a officer of in Palm Bach.”
Cutler said he was confident the matter would be rectified in a few days.
Rivera is the CEO of U.S. Sustainable Energy Corporation, a company that leased a warehouse near the Adams County Port in 2006.
At the time Rivera claimed his company would eventually make 1.5 million gallons of biofuel a day.
Posted by texasranger (anonymous) on August 9, 2008 at 4:46 p.m. (Suggest removal)
Might want to get Ole John to sign you a moneyback guarentee in case he skips the US.
Posted by texasranger (anonymous) on August 9, 2008 at 4:49 p.m. (Suggest removal)
Wonder what Trevisol says about rectifing all this stuff in a few days. I,m sure he already has his money since the ones that post the bad stuff are mindless idiots. Ole John just keeps stepping right on up there,course i,m sure the charges are just another misunderstanding or it,s confusion sorta like the mineral rights they dragged around for eva.
Posted by texasranger (anonymous) on August 9, 2008 at 4:51 p.m. (Suggest removal)
Sometimes if you keep quacking long enuff you might find a duck egg in your nest.
Posted by dynahog (anonymous) on August 10, 2008 at 7:53 p.m. (Suggest removal)
I certainly agree with the Quack Like A Duck theory. These whiny wimps that invest $43,000 [Trevisiol/Noront Recycling], or $100,000 [Florida arrest case] are beginning to sound like Me A Ducks.
It started in 2007 as USSE appeared to be possibly ready to introduce an oxygenated alternative diesel fuel (OD-66) that could generate income. Then these civil suits began raining down on them.
The Florida case appears misplaced. Someone invests $100,000 in a company that goes out of business and the CEO packs up and moves to Port Gibson to start a new company. So now he wants his money back.
Well let me tell you, the Duck Pond is full. There are a lot of USSE investors holding millions of stock since 2006, and they all want their investments totalling over $100,000 back in full plus some interest.
If it wasn't for the whiny people claiming first dibs, we'd all have a piece of The Rock.
Posted by dynahog (anonymous) on August 11, 2008 at 1 p.m. (Suggest removal)
OOPS, ok so it was:
The Florida case appears misplaced. Someone invests $100,000 for 10% of a company that goes out of business and the CEO packs up and moves to Natchez, MS to start a new USSE reverse-merger company. So now he wants his money back.
The return to Florida came after the Port Gibson GWE Systems went out of business: enter Noront and Trevisiol.
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