I've been watching VPRO from the sidelines for some time, and if it weren't for the blood red color next to its ticker in my portfolio, I'd be somewhat entertained by the intrigue.
Alias has been making all sorts of assertions, some of them of a serious nature, but they mostly add up to hyperbole. Maanwhile, when he was waving the pompoms for CT, most of us retail investors were left fumbling in the dark.
Whatever claims one may make about our Malaysian puppet-masters, I've seen more transparency from Cohen et al in the last few months than during the entirety of queen Cynthia's reign.
Whether or not the charges are true regarding the nation-building and arguably racist tactics of the Malaysians, split affinities between members of the board would, and very nearly did, sound the death knell for VPRO.
CT couldn't have made any headway regardless, so her ouster at the very least sets the stage for forward momentum, which is what I believe we are beginning to witness.
I'm not so certain that sovereign backing is such a bad thing. Sure, they may have non-monetary goals in mind as well, but I refuse to believe that they plan to operate VPRO as a public charity.
At the very least, they have deep pockets and political power to get this back on track. After the Malaysian Airlines double whammy, and all of the concomitant negative international attention, these guys are in dire need of positive developments. I'm not suggesting that VPRO matters much in the larger scheme, but it is part of a larger trend towards high tech development that they would do well to nurture.
