Yes the existing preferred holders and debt holders know what is coming another failure and they are not opening their purse strings as long as the stock is below .03 and it will be extremely difficult to get new investors in this stock also with the price in the sub penny level without massive dilution. So even if the spin meister can still spin a story that some believe the company is heading for difficult financial times. If Bruce believed in the company why didn't he covert his convertible debt into stock instead he and some relation withdrew about $518,,000 in cash from VLDI. Not a show of confidence for a CEO with less that 1% of the company's outstanding stock!
Just wait November 2nd will come and go just like the rest of Bruce's failures to execute.
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