Investors beware! I invested several years ago ten of thousands of dollars into a company known as Vector and Aquajet Corporation. The owner Gerald Wiegert has not built a product of any kind with his company (s) since the mid to late 90s. Every time I call over the years, Wiegert has a song and dance about the bad economy or a deal about to go through to keep all of his investors off his back. Not one investment firm will touch Wiegert's deal. The investment community is fully aware of his track record.
Why someone hasn't stepped in to close Vector and Aquajet Corporation down is beyond me. Wiegert takes what ever money he can get his hands on to go towards his lavish lifestyle instead of building a product he can sell. He is selfish, only thinks of himself and many of his employees over the years have been left empty handed. This has been going on for almost two decades. He is running a scam to collect "seed level funding", but the seed is never planted in order for his company to grow. Wiegert has resorted to finding those individuals that don't do their due diligence on him to give him 10k-100k plus.
I will most likely never get my investment back. It is now a matter of principle. There are hundreds of investors like myself out there that feel the same way about Gerald Wiegert. I just don't want someone out there to give their last dollars away during this tough economic downturn, only to be left with empty promises and no return on their investment!
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