Viscount Systems (VSYS)

[nynewbie]

It's possible to turn things around but that would require good management and vision, both of which seem to be gone.

My issue is that vsys seems to now lack the reason I invest in OTC stock.

1. Clean share structure - it's now a mess
2. Upside potential - sales fell in Q1
3. Access to financing - with a 1/2 cent share price and the Class A share overhang any financing will kill off any remaining equity for common shares
4. Great technology/vision - not so sure anymore since the new management seems clueless how to market it.
etc.

The market cap is now so low that if there was any upside you'd see insiders buying. The incompetent CEO actually owns NO shares. Won't even risk at .05. And he draws an absurd $250k salary.

My guess is that the board is looking at options that would save themselves and screw the rest of us.