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PRmaniac

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PRmaniac

Re: None

Tuesday, 05/31/2016 9:33:18 AM

Tuesday, May 31, 2016 9:33:18 AM

Post# of 167554
VMGI remains at no bid, for good reason.

We find that the CEO gave himself and another insider convertible preferred shares worth over 8 billion common shares.

Problem: VMGI already has approximately 4 billion shares issued, and share authorization is 4 billion shares. They would need well over 12 billion shares authorized just to have enough in reserve to allow conversion.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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