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Re: WIlsonWalker post# 121451

Thursday, 08/27/2015 11:25:36 AM

Thursday, August 27, 2015 11:25:36 AM

Post# of 167294
Heading back to no bid. Investors already know the CEO lies.
He claimed previously that VMGI would not raise the share authorization above 500 million.

What did the CEO then do? He raised the share authorization to 4 billion shares, without telling investors (until much, much later in financials)

So now that their share authorization is maxed-out again, there may not even be enough shares in reserve for conversion of the toxic financing debt.

A reverse split is likely soon, if FINRA will allow it.