Wayne Nugent filed an Affidavit stating:
"Although WorldVentures has grown significantly since its formation in 2005, it has yet to generate a net profit for distribution to its owners. In fact, both Mike Aczue and I have personally contributed hundreds of thousands of dollars to WorldVentures to cover its losses over the years. Although WorldVentures is generating substantial revenue, its current liabilities exceed its assets."
In WorldVentures' Motion:
"..., since the date of its formation, WorldVentures has not generated any profits for distribution. In fact, both Nugent and Azcue have infused hundreds of thousands of dollars of their personal funds into WorldVentures to cover its losses throughout the years, ..."
This document was part of public record in the lawsuit titled "WorldVentures Marketing, LLC d/b/a WorldVentures and WorldVentures Holdings, LLC d/b/a WorldVentures vs Robert Oblon, Travopoly Travel, LLC, F. Alan Waters and Michael Conway" Cause Number DC-11-09451 in Disctrict Court Dallas County
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