https://vocodia.com/

$VCIG .14 Rocket mode ON!

Nobody cares and not enough volume to cover the cost issue of the news.

Good Morning ZHUDSTERS.

I don’t believe they’ll let the stock drop below $0.10, and I don’t think they’ll resort to a reverse split or face delisting. This is relatively straightforward because the company only has one class of shares common stock and the CEO and his wife control over 50% of them. A reverse split would be more damaging to them than to us, which is one reason I decided to invest.

However, dilution remains a concern. They’re selling 30 million shares from May 2024. Prospectus through the equity line, which was issued by Alumni Capital LP. I honestly thought dilution had ended. I didn’t expect new shares to be issued. Right now, I’m holding as I believe this phase should end or will end within days. Patience is often the toughest part of investing.

Starting in October, with our AI project and other ventures kicking off, I’m optimistic that things will improve, and the results will be favorable.

The company's leading scientist Arnold Lippa published a research article yesterday.
https://www.mdpi.com/2673-9879/4/3/28

Arnold S. Lippa, Ph.D. – Chief Scientific Officer, Executive Chairman of Board of Directors

https://respirerx.com/arnold-s-lippa-phd/

https://www.globenewswire.com/news-release/2024/05/29/2889855/0/en/RespireRx-Pharmaceuticals-Inc-Announces-a-Department-of-Defense-Award-to-Fund-a-Phase-2-Clinical-Study-to-Determine-the-Safety-and-Efficacy-of-CX1739-its-Lead-AMPAkine-to-Improve-B.html


https://www.lifescienceleader.com/doc/life-science-leadership-in-action-respirerx-0001

Agreed! To earn money, it often requires patience, effort, and sometimes a bit of luck.

#2 breakout boards. Super thin only 204k to .022

Looking good!

If the company were a scam, they wouldn't bother updating us about the buyback program. The delay seems to be an unexpected issue for them. Unfortunately, this postponement triggered an unnecessary panic selloff.

I believe the company initially intended to go through with the buyback but may have temporarily encountered a delay in collecting a $30.1M receivable. As a result, they were forced to borrow $1 million to fund the launch of GPU servers for the AI industry by October 2024. With AI cybersecurity and large language model (LLM) solutions being in high demand, new contracts and revenue could potentially improve the stock price.

Thank you, I like the video.

Agree, I wish the company could do more...this situation is incredibly frustrating, but if making money were easy, patience wouldn’t be required. The challenges we face now are part of the process, and staying patient is key to seeing it through.

The current price is unjustifiably low and seems to be the result of manipulation by short sellers and with the help of market makers. Common sense. If the company decides to issue more shares, we should see a significant increase in trading volume. Furthermore, until there’s an official announcement of a new offering, I don’t believe dilution is imminent.
The short-selling pressure here is intense; they seem to short every time the company releases news, and they’re quite adept at it. However, there’s a positive side: shares are shifting from weak hands to strong hands. The business is expanding, revenue and net profit are increasing, and funding for AI is secured, so dilution is off the table. The next two quarters look promising. Besides stock is manipulated by the short, I don’t see any threats to the stock at this moment.
I’m down significantly on paper, but I’m not afraid to buy more. I’m committed to holding strong and waiting it out. This situation is incredibly frustrating, but if making money were easy, patience wouldn’t be required. Imho:))

Yes, it's restricted, they also have the option to either repay one million dollars or issue shares. With 30.1 million dollars in receivables upcoming, this amount is more than sufficient for working capital, buybacks, and repaying the amount by the deadline. Imho:))

This news highlights that they were able to secure a loan with an exceptionally low interest rate of just 6%, which is quite rare in the commercial sector. It also suggests that they have presented a solid and credible business opportunity to investors, convincing them to offer such favorable lending terms. Additionally, they are taking steps to protect the investor's interests and prevent stock dilution. Previously, they had to raise working capital through acquisition offers and growth initiatives, but those days are now behind them. The 10M buyback and insider buyer indicated their focus is on boosting the stock price and building trust with their loyal shareholders. IMHO:))

This is excellent news and might not require conversion. Here are the details:

VCI Global Limited (the “Company”) entered into a securities purchase agreement with Advanced Opportunities Fund I (“AOF”) whereby it issued a Senior Convertible Note in an amount of up to $1,000,000.

In my view, this is GREAT NEWS because (“AOF”) is providing them with a million dollars upfront at just 6% interest.

A Senior Convertible Note is a type of debt instrument that allows the holder to convert the debt into equity (typically common stock) at a LATER DATE, usually at a predetermined price.

Companies issue senior convertible notes to raise capital without IMMEDIATELY DILUTING THEIR EQUITY. It’s often an attractive option for companies needing funds but not wanting to issue more shares right away.

Senior convertible notes typically have lower interest rates than regular debt, making it cheaper for the company to borrow. In this case, they pay only 6% of the Original Principal Amount calculated from the Original Issue Date until the Maturity Date.

A Senior Convertible Note typically has specific terms and conditions that dictate when and how it can be converted into shares, and these terms usually include a time frame or vesting period before the noteholder can convert their debt into equity. This prevents immediate dilution on the open market.

Conversion Period: The note usually cannot be converted immediately after issuance. There is often a "lock-up" period or a specified date in the future when conversion is allowed. The conversion price is typically set at the time the note is issued, often at a premium to the current stock price. This ensures the company gets some benefit from the conversion as the stock must perform well for noteholders to gain significantly.

In my view, here are the key points of the purchase agreement with Advanced Opportunities Fund I (“AOF”):
The Company agrees to pay Advanced Opportunities Fund I (the "Holder") $1,000,000 by March 2, 2025, or earlier if required or agreed upon in writing by both parties. Interest will be paid on any remaining balance of the loan according to the terms.

Under this Note, the difference between (a) 6% of the Original Principal Amount calculated from the Original Issue Date until the Maturity Date and (b) any payment of interest made prior to such date with respect to such principal amount.

The company will pay interest on the outstanding principal of the Note as follows:

First 3 months: 4% of the principal will be paid immediately after the Note is issued.
4th, 5th, and 6th months: 4% will be paid on the first of each month (Dec 1, 2024; Jan 1, 2025; Feb 1, 2025).

Interest can be paid in cash or in shares of Common Stock at 90% of the average price from the last 5 trading days before each payment date. If paid in shares, the Holder must notify the company, and the shares will be delivered to the Holder’s account.
Any early repayment of the principal will include the remaining interest to compensate for the Holder’s potential loss of profit. This agreement doesn’t cover any additional fees or costs for actions taken if the company defaults. IMHO:)))

Bottom line: A Senior Convertible Note is not an offering or toxic dilution. It’s essentially borrowing money from an investor at low interest, with the option to repay by March 2, 2025.

This indicated they couldn’t issue new shares during the buyback. Legally, a company cannot mislead investors by claiming to buy back shares while secretly selling them, as this would be considered fraud and is prohibited by securities laws.

Additionally, would you lend one million dollars at low interest if you believed the company wasn’t performing well?

When people don't fully understand the filings, they tend to panic unnecessarily. This is actually great news for the company. IMHO:)))

https://www.otcmarkets.com/filing/html?id=17822625&guid=uwL-kpJ1tsVpVBh#ea021375901ex4-1_vciglobal_htm

$VCIG .14 net profit per share is 16 cents stock trade below net profit per share. Low float. The Insider holds over 50% O/S. two weeks ago they announced a 10M buyback. Last week, the CEO Increased Shareholding by 15.27% of the company’s total outstanding shares. On top of that, they just announced US $18M contracts. Furthermore, the company reported a 44% year-over-year increase in revenue, a 57% rise in gross profit, and Net income surged to $5.4M reflecting a remarkable growth of 25%. These results are aligned with our full-year guidance of a 65% increase in revenue and 68% rise in gross profit for the financial year 2024.

$VCIG .14 net profit per share is 16 cents stock trade below net profit per share. Low float. The Insider holds over 50% O/S. two weeks ago they announced a 10M buyback. Last week, the CEO Increased Shareholding by 15.27% of the company’s total outstanding shares. On top of that, they just announced US $18M contracts. Furthermore, the company reported a 44% year-over-year increase in revenue, a 57% rise in gross profit, and Net income surged to $5.4M reflecting a remarkable growth of 25%. These results are aligned with our full-year guidance of a 65% increase in revenue and 68% rise in gross profit for the financial year 2024.

$VCIG .14 net profit per share is 16 cents stock trade below net profit per share. Low float. The Insider holds over 50% O/S. two weeks ago they announced a 10M buyback. Last week, the CEO Increased Shareholding by 15.27% of the company’s total outstanding shares. On top of that, they just announced US $18M contracts. Furthermore, the company reported a 44% year-over-year increase in revenue, a 57% rise in gross profit, and Net income surged to $5.4M reflecting a remarkable growth of 25%. These results are aligned with our full-year guidance of a 65% increase in revenue and 68% rise in gross profit for the financial year 2024.

Paulie I caught you lying that is so embarrassing therefore, you trying to distract people with your normal stupid pathetic idiot nonsense calling me names and endlessly posting stupid dumb questions that don't relate to the NEW company. You are SICK, YOU NEED HELP. You are wasting your time here that is beyond mentally ill. Jokers need to get a life.

10-K in ten days. Everybody is stuck. Freight rates have surged to unexpected highs in the first half of 2024 due to the Red Sea crisis.
What is their solution now?

At the same rate growth net earning profit for 12 months is 13.5M divide that by 86M O/S = .1569

EPS= $15.3 ÷86M = 0.15697 or approximately 0.16

Since the company is involved in consulting and AI business. The typical P/E ratio for consulting/AI companies is 20 giving 10 that is extremely low which is more practical.

Value per Share=EPS×P/E ratio

Value per share = 0.16X10=1.6
Value per share = 0.16X20=3.2

LOL:))) When insiders control preferred shares, they typically have control over voting rights, so a reverse split (R/S) wouldn’t significantly affect them. However, in our case, it's entirely different. The insiders hold more than 50% of the common ordinary shares. A reverse split would hurt them more than anyone else. Moreover, a reverse split would also leave a negative mark on the company’s history.

With the reduction in the ATM offering size, a $10M buyback, and the CEO increasing his shareholding by 15.27%, it's clear the company is taking serious steps to stop the bleeding, as the shorts currently have full control over the stock price. But nothing goes straight down forever eventually, it will rebound. In our case, with strong fundamentals, very little debt, massive revenue growth, and solid net profits, the stock is poised to rise and sustain higher levels.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175031525

$VCIG any joker can see that just by looking at the chart. The real problem is they’re clueless blind to the bigger picture and unable to see beyond the surface.

The challenge with this company is its ongoing practice of borrowing against its stock to fund acquisitions and investments, even at the risk of delisting. The CEO and management team are even willing to sacrifice their "accrued" compensation because they see a greater opportunity on the horizon. They have demonstrated a clear ability to use the capital they've raised to acquire businesses and turn those investments into net profits quickly. Just two weeks ago, they announced a $10M share buyback. A few days ago, the CEO Increased Shareholding by 15.27% of the company’s outstanding shares. If they manage to repurchase those shares at a lower price, it could be a brilliant move essentially securing capital at zero percent interest, which would drive further investment and expansion.

Lately, they have not issued new offerings. The last offer with H.C. Wainwright occurred in May 2024 Under this agreement, the company had the option to raise up to $14,205,937 On July 23, 2024, the company filed a document called a "prospectus supplement" to update the terms of the ATM agreement. This document amends the original terms by reducing the maximum amount the company can raise from $14,205,937 to $3,500,000. This change is referred to as the "ATM Offering Size Reduction.

As of the filing date, the company had already sold 2,147,230 ordinary shares under the amended ATM agreement. These sales generated a total gross revenue of $1,456,009. So, the company has $2,043,991 remaining to be raised under the reduced ATM offering limit. By now, the announcement of a $10 million buyback and the CEO increasing his holdings strongly indicate that the dilution phase is over.

According to their latest report, the company currently holds $1.244,958 in cash but also has a significant amount of around $30 million in accounts receivable. The management has announced plans to improve collection by $30 million in accounts receivable. which could potentially increase cash flow and increase net profit. On top of that, the company reported a 44% year-over-year increase in revenue, a 57% rise in gross profit, and Net income surged to $5.4M reflecting a remarkable growth of 25%.

Let's make it CLEAR: A company cannot legally mislead investors by claiming to buy back shares while actually dumping stock. This would be considered fraudulent activity and is strictly prohibited by securities laws and regulations.

This stock is currently trading at a level where the net profit is nearly aligned with the price. Savvy investors have done their homework and recognized the opportunity well ahead of the game. They don't blindly just rely on charts or make investment decisions based on short-term fluctuations.

No preferred share is one of the reasons I feel very confident about this investment. Since the insiders hold over 50% of the outstanding shares, they have a strong incentive to avoid a reverse split. While they might dilute shares to acquire companies or for working capital, my research indicates that the current offer has ended, which is why they’ve announced a $10 million buyback.
Keep in mind A company cannot legally mislead investors by claiming to buy back shares while dumping stock. This would be considered fraudulent activity and is strictly prohibited by securities laws and regulations.
In the past, they released news and then diluted shares, which created a pattern that allowed short sellers to target the stock whenever news was announced. Now, even with the buyback announcement and the CEO acquiring over 15% of the company's shares, no one takes them seriously. It's sad to see such manipulation, especially when the stock is trading near its net profit value.

$VCIG No red flag here, It's manipulation. Read the filings no new offers. A company cannot legally mislead investors by claiming to buy back shares while dumping stock. This would be considered fraudulent activity and is strictly prohibited by securities laws and regulations.
In the past, they released news and then diluted shares, which created a pattern that allowed short sellers to target the stock whenever news was announced. Now, even with the buyback announcement and the CEO acquiring over 15% of the company's shares, no one takes them seriously. It's sad to see such manipulation, especially when the stock is trading near its net profit value.

$VCIG .14 The stock is undervalued and significantly oversold. The decision to prioritize the company through "accrued" but not yet paid expenses goes beyond mere deferred payments. It demonstrates a deep commitment and dedication from the leadership. Their willingness to make this sacrifice highlights their strong belief in our growth and confidence in the promising future ahead. This commitment is a powerful testament to their dedication to our collective success.

Read page 43 under B Compensation link below:

$VCIG .14 Yesterday they secured a US$18 million contract. Low SS. The Insider holds more than 50%. Only common no preferred share issue. Last week they announced a 10M buyback. A few days ago, the CEO Increased Shareholding by 15.27% of the company’s total outstanding shares. On top of that, the company reported a 44% year-over-year increase in revenue, a 57% rise in gross profit, and Net income surged to $5.4M reflecting a remarkable growth of 25%.

VCI Global Ltd (VCIG) does not appear to have preferred shares, as the company primarily offers ordinary shares traded on the Nasdaq exchange. This also explains why they don’t have a history of reverse splits. The company’s investment of up to $30 million in Talking Data is significant, worth more than twice the company's current market cap. If Talking Data successful IPO that could lead to a dividend of up to $0.50 or potentially even higher.

This is all the company’s fault. In the past, they would release news and then dilute shares, which created a pattern that allowed short sellers to target the stock whenever news was announced. Now, even with the buyback announcement and the CEO acquiring over 15% of the company's shares, no one takes them seriously. It's sad to see such manipulation, especially when the stock is trading near its net profit value.

Right now, the market cap is $12M That is a joke.

Agreed! FCK dumbest Chihuahua endlessly barking stupid nonsense. This stock will have its day; it's only a matter of time.

The Frankfurt Stock Exchange (FRA) is one of the largest and most prominent stock exchanges globally and does experience significant short-selling activity. However, that doesn’t imply insiders are shorting their own stock. Short selling is a common practice on major exchanges worldwide.

In case you're still uncertain, just two weeks ago the company announced a 10M share buyback, and the CEO, Victor, increased his stake by 15.27%. So, the idea of insider shorting is simply unfounded and nonsense.

$VCIG I agree with your point of view. Today, I decided to double down on my holdings and won’t be selling at these rock-bottom levels. The company has minimal debt—practically none—and is experiencing significant revenue growth and strong net profits. Additionally, they recently announced a $10 million buyback two weeks ago. On top of that the CEO, Victor, increased his stake by 15.27% With major catalysts on the horizon, it's astonishing to see the stock trading near its net profit. In my view, it’s severely undervalued and a rare opportunity.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175025818

Thank you.

Yes, the S1 are needed. They need to expedite this process as it should have been completed by now. It's getting very close, and I'll wait for the outcome. There are too many things they need to tell us. I anticipate a significant amount of news to be announced following the S-1 IMHO:))

$VCIG Here are eight key factors indicating strong company performance, suggesting that the ATM Offering Size Reduction may signal the end or near the end of dilution.

1 - ATM Offering Size Reduction $14,205,937 to $3,500,000.

3 - CEO Increases Shareholding by 15.27%, Expresses Strong Confidence in Company’s Growth

2 - Announces US$10 Million Share Repurchase Program.

3 - An investment in TalkingData Group Holding Limited (“TGHL”) of up to $30,000,000.

4 - Achieved an impressive total revenue of $13.7 million for the six months ended June 30, 2024, marking a 44% YoY growth.

5 - Gross profit experienced growth of 57% YoY reaching $12.9M for the six months ended June 30, 2024.

6 - Consultancy revenue experienced a remarkable 151% YoY surge, reaching $11.2 million for the six months ended June 30, 2024.

7 - VCIG’s fintech segment revenue experienced an impressive 183% YoY growth.

8 - Net income surged to $5.4 million for the six months ended June 30, 2024, reflecting a remarkable growth of 25%.

People are either overlooking or unaware of the massive development opportunities ahead. Building a 35-megawatt bitcoin and the construction of AI computing data centers is a game-changer, and the value of these projects alone should easily push us above the $1 mark.

1 - VCI Global anticipates securing a 30% share of the mined Bitcoin. The project aims to mine over 2,000 Bitcoins within five years, which, at the current market price of over $65,000 per Bitcoin, would value the total mined Bitcoin at around $130 million.

2 - In phase one of this partnership, with Emerging Hub Limited. Developed a 35-megawatt Bitcoin mining farm projected to yield over 500 Bitcoins by the end of the first year.

3 - Plan to build artificial intelligence (AI) computing data centers.

4 - Groundbreaking AI Computing Alliance (“AICA”). a collaborative initiative led by Enlight Corporation and Super Micro Computer, Inc. (NASDAQ: SMCI) and other alliance partners including Fortinet, Inc., UNIC Technology Corp., Bingo Group Holdings Limited, J&V Energy Technology Co., Ltd., Red Building Capital, ZoobeTek, iSpan International Inc., and Bulky Animation Studio. This alliance will jointly establish AI Computing Centers (AICCs) and advance the AI ecosystem.
Bullish

Read the news from June 10, 2024: the company announced plans to develop next-generation AI computing data centers for the upcoming industrial revolution. Read the news by July, they had made the decision and taken action to execute the plan. This clearly shows they're serious about building and expanding the business.
https://v-capital.co/newsfeed/

$VCIG VCI Global Secures Approximately US$18 Million Contract for IPO Deals
https://finance.yahoo.com/news/vci-global-secures-approximately-us-123900994.html

It's at the final stage all we are waiting for now is the announcement of the share exchange.

Do you know how high stock trades at PM?

People are either overlooking or unaware of the massive development opportunities ahead. Building a 35-megawatt bitcoin and the construction of AI computing data centers is a game-changer, and the value of these projects alone should easily push us above the $1 mark.

1 - VCI Global anticipates securing a 30% share of the mined Bitcoin. The project aims to mine over 2,000 Bitcoins within five years, which, at the current market price of over $65,000 per Bitcoin, would value the total mined Bitcoin at around $130 million.

2 - In phase one of this partnership, with Emerging Hub Limited. Developed a 35-megawatt Bitcoin mining farm projected to yield over 500 Bitcoins by the end of the first year.

3 - Plan to build artificial intelligence (AI) computing data centers.

4 - Groundbreaking AI Computing Alliance (“AICA”). a collaborative initiative led by Enlight Corporation and Super Micro Computer, Inc. (NASDAQ: SMCI) and other alliance partners including Fortinet, Inc., UNIC Technology Corp., Bingo Group Holdings Limited, J&V Energy Technology Co., Ltd., Red Building Capital, ZoobeTek, iSpan International Inc., and Bulky Animation Studio. This alliance will jointly establish AI Computing Centers (AICCs) and advance the AI ecosystem.
Bullish

Read the news from June 10, 2024: the company announced plans to develop next-generation AI computing data centers for the upcoming industrial revolution. Read the news by July, they had made the decision and taken action to execute the plan. This clearly shows they're serious about building and expanding the business.
https://v-capital.co/newsfeed/