Viscount Systems (VSYS)

[tedpeele]

Raefield said 3 cos were interested in buying them, and he clearly made it sound like sales were easy to make - if I recall correctly he said he could get any project he goes after since they had a 'Mercedes product at a Volkswagon price'. He also predicted in an interview tremendous growth in the Immigration business for 2015. Then when things didn't pan out apparently insiders/debt holders were selling before the little guy was informed, so the price tanked without reprieve and the little guy was left with his deer in the headlights.

It's really hard to fathom why Raefield put shareholders at such risk by saying those things. At least he is out now, but so far that hasn't helped the stock price one bit.

.03 - .04 may seem like nothing to current management but at this point it would make a huge difference to me if the stock would do that because I bought shares upon all the glowing endorsements by the prior CEO and continued to buy as it went down. I don't own a lot by any means, but enough that it has affected me financially.

I wish the new management would at least TRY and prop the price up if for no other reason out of respect for the shareholders that got shafted by all the prior mismanagement.

As bad as things are, at least this company is real, with 36 employees, and is on the 'cutting edge', as opposed to the vast majority of OTC companies with such a low market cap. They have enough under the hood that with simple promotion they could get the price up to at least the 5 cent area.