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My feeling is that the co might be on bid at the low levels.
Think idea may be to limit micro trading until they grow a little more.
My approach is to look a co cap value... Right now maybe 200k... I think if even the small biz works out we should be at 500-750k or .06-.10 as base - and then grow from there.
They won't want too many shares in PS traders hands till stronger. Float is very tight.
They may also want cap and price up for market exchange step up
My feeling is they will hold till the business catches up. At .005 they give the company away.... Even @.02 the company cap value is only $140k.
This is not a trading vehicle .... But those taking a risk even at .02 may be very well rewarded
I'll try this evening
i was banned for what i thought was civil discourse in the old vcor.
For all - all assumptions but
from all contacts and signs a real co , with a real meat and potatoes type product
No flash and hype
regular sincere updates from ceo
updated the last share issue for marketing / so being transparent
and importantly
shares out now > about 6.5mm with half in active float
the math - 6.5mm x .006 (today) is $39,000 !! crazy low
the co should trade at a cap of 300-500k with any IR and market getting sense something can really happen / that means = .07!
Old OLD Vencor (prior to Molin and Biocoal - when just shell) traded at an RS adjusted .20 or so
New Mgt says VERY conservatively they sell 2mm in 18 mo or so.
1/2 that in cap = 1mm / (lets use some adjustment) 9mm shares = .11
if these guys execute and keep on the straight and narrow...we begin to see some money come back (old timers) and good returns (new buyers)
Mikko...not a wet blanket....but think the years of other mgt can make a cynical situation....very much 'show me'
That said the release was following to their commit to regular updates, and contained new but anticipated mundane info. The new new symbol, the marketing effort with the money raise and the assurance they are there and working.
At least they didn't come out with misleading info and false promises.
While I am not sure we get any progress unless and until they land some real $$ I grow in confidence they are a serious and ethical team...
BUT with this low share count out this should be muvh higher event now....and raises the questions of their ability to manage the IR, share side.
mikko....totally wrong
go to their web site....they are in business....they are selling....they have done all they claimed
my issues is whether the scale will generate enough inerest....but no reason to make false claims against them based on the past mgt
well we got our symbol....
but company silent...and down 50% on nothing....
This is a hard picture....what kind of market is this...does it have enough juice to attract attention?
Is this a co for insiders , or for common holders...all may be good...just not for public...
Jury is out...but would be nice to see some interest....clearly no news to move
Let the sellers walk away
paying attention to the co - they seem real - the current out is only 7mm!
Hope the co is taking this in...tighten it up and stop the penny trading.
The first real news and this goes to .05+++
and this is only 300-400k for the co!
heard ? lol
You mean you read it in he NYT? Or it came accross CNBC?
about 7mm shares out....
that means at .01 the company is valued at 70k.
Their min goal is about 2mm sales in about 18 mo or so.
They stated aggressive goals for (yes could be dilutive but likely more benefit to co)
IF they get attention and support think a level closer to .03-.05....or about 300k. if they score a aquisition then we could see cap at 1mm +/- or over .10
All depends on mgt
and...they need to work on the logo!!!!
feels like a tank !
does anyone know what the status of all the letered shares are?
Preferred A Authorized: 5,000,000 (as of 12/01/15)
Preferred A Outstanding: 4,200,000 (as of 12/01/15)
Par Value: $.01
Preferred B Authorized: 5,000,000 (as of 12/01/15)
Preferred B Outstanding: 164,000 (as of 12/01/15)
Par Value: $.01
Preferred C Authorized: 100,000,000 (as of 12/01/15)
Preferred C Outstanding: 0 (as of 12/01/1
It REALLY burns that James Gaspard was awarded 100mm shares for driving the co into the ground and standing by while shareholders reached out....many emails with in effect "not my job." !!!
What they have said is they will use shares to acquire but these will be restricted, and as a previous poster expressed if smart any acquisition via shares should be offset by real value.
Reread the last comments by CEO - very aggressive re growth and earlier emails about control of shares.
Be nice to see this break out and really build a company!
Oops hit send prematurely ....
Was going to say the one who consistently misrepresented was the CEO!
It is amazing the talk here is all about the 'other' co.... Guess because nothing going on with Vega.
Gator
You are wasting your breathe.... I remember clearly your comments as you say.... Don't waste effort on those you tried to help...
I lurk here waiting to see what develops....
The one
Not sure where that comes from....
Molin drove a co that was long trading at .003 into trips and then worhtless....the reverse still has to play out....my giess is once they get the symbol clear we will see news and steps forward...how far...jury's out
To be honest - i think there may be hope and prospect here
The communications from the CEO have been clear no dilution...(rs impact aside), and the need to grow through restrcited placements.
the float is so tight that IF they do secure a company or significant opportunity this may really run in a big way.
As frustrated as I am to see the shares RS - it is still in scope of communicaations and possible $
assuming 1.2 B shares out / reverse 200 = 6mm
650mm out / reverse 200 = 3,250,000 shares out
we need to see how much change there is from the last report of course
but looks very tight
Agreed
and the RS done in this way ...with little support out of the gate runs counter to all the CEO commentary about no dilution...
you can dilute several ways ....one is to simple hollow out the value as he did here.
200 to one and now back to trips....
Of course if there goal is to get this to .60 cents in our lifetimes then we can be made whole....but a long way to go.
The concern is the CEO speaking on one hand re common holders not being hurt or diluted....and then wiping out all value.
Be good for some statement from them ....and some $ support....today trading in .000's
It is simple
Doug is a good guy running his own business / and nothing said is really untrue....
But ALL this is is DV managing HIS company - and is of course happy to have anyone market or be a sales agent for HIS products.
What some seem to miss is that the 'news' amounts to nothing except that Mr Molin will try to sell something he doesn't own. The whole company is based on nothing... He could have a NON exclusive arrangement to sell cars and the dealer would say yes.
Some have been here years ... For me only witnessed a years worth releases that virtually ALL were untrue... And to a RS that he expressed verbally in his last cc wouldn't happen
Hope springs eternal... But unless news has a signed contract with actual companies with actual VGPR business then nothing is there
DV
i didnt post before on this - but I spoke to him when trying to get to the bottom of vcor/vgpr.....really good guy and seems solid with HIS biz plan.
I asked about role with vgor and mm (and vcor JG) at the time and he was clear he had nothing to do with him or either co.
Now maybe vgpr has gotten DV to agree to produce IF they bring business.....that is a no brainer....he would do that for anyone.
Nothing exclusive....just selling agent relationship. The measure is can MM sell and really bring biz.
You have to be kidding
Using technical indicators with a ps with this history ????
Has NO bearing here.... Let's see sustained volume over time and maybe a discussion
you are right....
if you can pick up at .0001 or even.0002/3 and hold tight likley to do very well IMHO.
I am speaking from one who holds the position...hoping we get a solid path forward sooner than later
Interesting....
Doug is a good guy and this is great for him. He has his own deals and so this is gravy. Just hope he is smart enough to keep an arms length - given past discussion I think he is.
For VGPR it means getting 50% of whatever deals VGPR can secure. So still back to what can Mr Molin sell.
Given the years long mega mm deal, given the inability to manage with not one but other claimed providers, given the unfufilled releases of action and potential from both vgpr and past vcor hard to see this as anything but another ride.
VCOR note - given that Mr Molin was central to the Vcor bio coal mission and company formation, that he was the CEO at its inception until a figured head was put in place, and the fact that he retained the position of COB during the entire time, it is not a little disingenuous that he seems to indicate vcors failures were anything other than his own.
He had a direct hand in all - and as COB did NOT communicate (nor did CEO) any of the later discosved non performance on claimed activities.
If this was a security trading on a larger exchange they would face charges and suits.
I still hold a few shares (now) ...who knows maybe lightening will strike...yup..thars gold in them thar hills....i 'll sell you that plot of land for .0001
Agree,,,
but apart from new mgts' explicit comments re shares and raises, a rs would not serve any one.
Clearly they do not seem a P&D co...not with the ultra cautious forecast and communication to date.
The only issue is will they have a plan with substance that makes it an interesting investment for new $.
Right now there is no rationale to invest....and troubling, there is not much reason to hold if there is no action to come in near to mid term.
Long term is fine for owners..but as an investor long term for a spec that only has 2.5mm in projections does not make a great case.
I am very long and holding - but look for mgt to make the investment case for action in near term and their ability to enlist new $ into picture.
My guess is they do in fact have plans ,,,and this was the reason for going public.
This is a good summary - and hope they keep news coming....
But we need a compelling story to kick start ,,,, revenues / earnings , market potential
Go vcor!
For my part there is no bad will or reason not to trust.
I was saying it is my feeling they DO have a plan, and would not be involved in the expense and challenges of going public if they didn't.
I also think their commitment to regular release speaks to the fact they plan to have such news.
I certainly don't feel simply because other pinks often dilute or RS is a point of issue to them specifically as this attends to the whole market - and take at word until reason not to.
If you don't trust, don't feel you like product or company direction then of course sell and take losses.
For my part positive and holding and awaiting their next moves
well if every 2 months we will not move much for a looooong time
hope they move at a faster pace.
As I read it thought it was every 2 weeks (which in fact to date aligns with what they have done) - we are going no where without agressive pace of action and news that finally sets sights higher then reported.
None of this is a knock on them....but they have to ask why would anyone invest for 2.5 revs in 2 years ...there are lots of places to lose money!
Yes odd... Likely some game....
The focus for me is the next releases or chair letters. The bi-monthly (2 a month) should begin to paint a picture of directions
The 2.5 mm rev goal seems only a part of picture to unfold.
No one invests 200k+ for all the filing and reporting costs unless they have more in store
Just my thought
thats good
why dont you become a mod?
All good...
seems like good mgt...transparent...committed
BUT...really with 2.5 mm in 2yrs as goal....we will not see interest....could be down here until and unless they have plan for much higher as part of real biz plan.
Correction to my last post
The statement by the new vencor company was clear - but with respect to which mgt was being referred to - the pre-MM mgt team or beyond - it is not stated or identified.
I did not mean to suggest MM inappropriately awarded himself or others shares.
Im sure given tenor of mgt they will report on time
I am assuming that the shares as reported in this last Q (the last gasp of past mgt) , should reflect the current structure.
I would assume they would report any material changes as part of the open communication.
We shall see.
RE VGPR MGT
VGPR sold vcor...or perhaps had it taken away, by the new mgt team.
In its refreshing release (refreshing for transparency) it stated (go to OTC filings for chairmans shareholder letter)
I thought it was to be updates every two weeks... Not mo's
I'm not a moderator
Totally happy with new direction....
and yes get new team...just frutrated for last mgts ruining the shares and wasting a year while paying themselves....and hope current mgt can rectify where it can the issued.
The last release indicated new products and companies (subdivisions) ... look forward to hearing the plans that drive this forward.
Only a year ago as a shell this sat at .002....OS dilution factor has been about 30% since...so apples to apples like to see us get to .0006 on clean mgt and prospect alone!
Last word on last mgt....
look at the details
no revenues / no news panned out true / not one result
In the Q it reveals mgt (someone) awarded C preffered shares to themselves without correct reporting (hope the current mgt can address as noted)
it looks like the last CEO was awarded 100mm shares for ...????? really what did he do of any value for company - i think he was probably misled by others as to real prospects for the co....but hes a big boy and in the end he walked away from shareholders and any obligation/effort to report the real status of the NON activity of the company
Sad all the way around. Certainly shareholders were short chaaed.
Housekeeping note -
in March there was a release by the CEO stating that the Issued shares were to be reduced by 2mm. This is NOT reflected in the current.
Hope the company explores
You are replying to a March post from Vaporman?
Some catching up to do!
but agree oil will be king!
I wouldnt go that far
i dont know what you are speaking about 1980's....Vencor has been around,,,,but this team (Plad) product looks like it came on just this last year or two. The guys seem fine, just not sure of their public mgt experience.
Their last release updated the first one - and indicated subsidiary and other products...so timely and on point. Tey said they would update every two weeks or so....so we should hear this week or next.
I think we want to cut some slack - but hope to get more info to show we have a faster path with larger revs for real....
for the life of me
i dont get the obsession with DV. He and his co has nothing to do with vgpr.
Keep eye on the ball....VGPR....the selling recenlty after past is telling.
I came on vcor...and saw him and JG ruin the co and waste a year of my time. Look at all vcor old releases....not ONE panned out...if you look at the filings for March you will see NOTHING.
I am sorry JG owed shareholders a report on the negative situation - so did MM. But the back story always was things to come. Clearly JG checked out long before his offical resignation. MM was in hiding.
VGPR is the same..
now maybe he will stumble onto an opportunity...but it is like a crazy panning for gold.
The likely stroy is IF any deal turns up he will reverse this first.
Just sad all round.
Happy DV is doing whatever he does...and any with him...but has nothing to do with VGPR