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I know what you mean. I just don't think they have accomplished anything. I feel they are just treading water; selling stock to pay the officers and keep the lights on. But is there any point in complaining? It does make you feel better to vent your frustration, but wastes your energy.
Perhaps so. But greed got the better of me I think.
That fits the definition of cruel and unusual punishment. I also waited to sell for the same reason. Thought .05 -.10 was possible
Alas, I also held and didn't sell at .04. Regretting it now. Hoping for .05-.10. Greed gets you every time.
This is truly evil what is being done to us.
I think the market makers have to buy and sell shares so they have a ready market for it. This is truly a joke.
We have endured years of this nonsense with MSGI onward. It is exasperating, not just frustrating!
I saw that this morning. But look at it now. Selling like crazy on fairly high volume. Can't win with this stock.
Just got an e-mail from PHUB touting VNTH as a potential momentum play today. Don't know if this means much, but this is the first time in a while I have seen this stock being 'promoted'. I just hope it doesn't get hammered with convertible debt again. This stock has been so disappointing because the technology was originally so promising.
As was mentioned earlier, they may be short of money. Not looking forward to a cascade of convertible debt hitting this stock in the near future. Hope it runs a little.
Yes, I agree with your observation about volume and the price increase. In your opinion, if it is being 'manipulated' by structured buying, how high can it really go with no substantial news? Could it reach between .05 and .10 per share? Looking for the board's opinions.
Yes that is true. The target is/was unknown.
Shizl, in your opinion, what is really going on here? Per previous posts it has been speculated that 'friendly' forces are attempting to raise the price to some unknown higher level before they drop the hammer of convertible debt on it again. My gut feeling is that this theory may be correct. My gut further tells me that .10 may not be unrealistic. I would like some feedback on this, please.
That makes sense, actually. .10 sounds pretty good.
By trap do you mean the relief of this price rise causing everyone to sell? I am sure something is cooking, which is ok, as long as it is not us!
Looks suspicious all right, given the history.
I agree. If we get to 5 cents without more convertible debt being dumped and starting the dwindling spiral going again, then I will have a tiny bit of faith.
Like everything else with this company, only time will tell. The lack of news is deafening.
We can do better than slinging insults at each other. Lets save them for management!
Don't feel too bad. I tried to bottom fish 1,000,000 shares at .0002 and failed. I am not sure anyone was selling that quantity of shares at that price.
The cone of silence has been deafening and functioning fairly well so far, but I think you are right that our next opportunity for news is after the D comes off.
VNTH must be in Maxwell Smart's cone of silence.
Great post, especially the last single-spaced paragraph.
What a guessing game. Maybe they want to appear on the shareholders' side but secretly want the stock to head to the gray sheets where there may be fewer requirements. I think Shizl feels they will allow this shell to fade away so Nanobeak and Co. reap the rewards. If I am putting words in your mouth, Shizl, I apologize.
I felt the same way,but here we are.There may be no news forthcoming, for all we know. For sure I thought they would have issued a statement regarding their intentions, but shareholder comfort does not seem to be on their minds.
I thought they had news in the pipeline as well that would bolster the stock price. This pipe dream isn't even fun!
That's funny, my dad used to say almost exactly the same thing. except he substituted the word wish for hope. His scatological humor was amusing, but this situation with VNTH is really annoying. In the absence of news, I think the best we can hope for is around .03 or so, which would leave me below break even. Oh well.
Options Express seems to have their act together on this one. Share number is correct, pricing correct and no apparent charge for the RS. One small thing to be thankful for.
That is a great song by the Everley Brothers. I remember when it came out in my youth. Regrettably, the world has changed since then and situations like VNTH are the order of the day.Did people really buy at .03?
My account shows the correct number of shares, but at 0 value. Probably going to take awhile.
I just can't see the rationale for doing this RS now with the price below a level that would create a sustainable .01 or greater. Unless...they are cleaning up the share structure to announce news that would more easily move the shares up to .01+. and...possibly megadump more shares into the system.I just don't know what to think at this point. Maybe they just don't give a damn or are grossly incompetent.I guess I need to stop being frustrated and watch the show.
I understand. Even if you did win by being right, more power to you for being wiser than the rest. I still remain long and hope for the best, although I am not optimistic. I don't have a vast sum invested, so I will not be damaged too badly if it goes to zero.Time will tell.
I think you may be right. MSGI changed their focus several times in the history of the company, eg security systems to solar panels then NASA tech. Kept interest alive and the retail shareholders investing. Not this time though. I am done for sure with JB and company. We will see how this plays out. It will be interesting to see the last act of the play.
I think you are right. I believe they got an extension. It will be interesting to see what happens if they can't pump the price above .0015 or so and the note holders resume dumping. This whole thing does not pass the smell test to me for a variety of reasons, including and especially the convenient lack of dumping while the price is slowly rising. That stinks of collusion and coordination.
Sounds like something the government would do. Sorry for the political reference.
I'm not sure they will do a 1 for 10 reverse split if the share price is below .0015 or so. Because then there is likely to be dumping that drives the price into the cellar, then they still can't stay listed.
This has become hard to watch and sit by helplessly, that's for sure.I think you may be right about the price manipulations, pre RS.
You can definitely lead if you are angry and you feel something is important enough. This is one of those times, I think.
I think we are waiting for a cinder block to drop, not a shoe, even though we have already been beaten into submission. I third everything you said!
I fully agree. What a circus!!