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VTSI - big news just announced - sale to DOD, US marshalls and more.
+ 5 straight profitable quarters, small float, 4 recent orders to Lockheed martin with a big one anticipated and an order last week to Oil giant Saudi Aramco who's building a 5 billion dollar security force.
Currently 9 cents, going to 50 cents by year end in my opinion.
Exactly, the 8k makes it clear the reduction of 900M was to take place today. Then they changed it to 300M. Then yesterday they changed it to 3B as they'll need room to sell more stock.
Right, had the r/s taken place the o/s would have been 25 million (not 7 million) and the a/s would have been 300 million, plenty of room to sell more stock.
Current O/S is 2.5 billion. SPNG had to raise the a/s YESTERDAY to 3B to allow them to sell more shares. They were planning on selling more shares after the r/s as they would have had tons of room to do so. Clear as day...
It says they filed yesterday to change to 3B.
Ok, so I misread. I guess Delaware is saying they filed yesterday to change it to 3B. Incredible.
GVBP bouncing hard!
Are you liberal? If the Post was pure trash CNBC wouldn't have JUST mentioned it, like 1 minute ago. They use sensational headlines. They're often conservative biased. But they report the news, they don't make it up.
And if anything, people would accuse them of being pro big business like Spongetech.
CNBC just mentioned the NY POST regarding an exclusive article about a stock, didn't get the name. Sure someone else here just heard it.
So Fox and the Post are against big business apparently.
Show me a NY post article that is enquirer-esque. It's a legit paper.
Thanks for the clandestine VTSI info. Sounds extremely promising and near term. If it comes to fruition this PPS will skyrocket. Throw in Lockheed and Saudi Aramco and who knows what else and the PPS could be higher than I imagined. I had been thinking about 50 cents as a good time to sell but I can't help but wonder what the PPS will be if I have just a little more patience.
Comments from direct sources as opposed to anonymous bashers is new material. I assure you the Post didn't make those quotes up.
There's a lot of new info in the NY post article. Also, the NY times is just as biased as the Post. Only in the opposite direction. The Post is a legit news source, despite what some liberals and SPNG lovers say.
Iamswami, I don't have PM. Can you email me the juicy info:
321dogs at gmail.com
Thanks!
VTSI - moving up all day based on recent orders to Lockheed Martin and oil giant Saudi Aramco - speculation that large orders are due soon to these 2 giant companies. Up 17.5%, tiny float and market cap.
VTSI - slowly moving up all day = close at HOD? Up 17.5% now.
VTSI- pressure building - up 12% - Looking for big contracts based on previous contracts
This hits mid 10 cents and I see green in my portfolio for VTSI for the first time in 10 years!
VTSI looking strong again. Contracts to Lockheed martin and oil giant Saudi aramco generating huge buzz and many new longs with a tight float.
VTSI - 6 straight profitable quarters, 130M o/s. Just announced 4 small sales to Lockheed Martin. Speculation is that Lockheed is going to place a very large order soon. That alone will make this a 5 bagger easy. But then this past week they announced a simulator sale to oil giant Saudi Aramco whose putting together a 5 billion dollar security force.
Currently 8 cents, 50 cents is totally possible when the big news hits.
VTSI - recent sales to Lockheed martin and oil giant Saudi Aramco. Big volume increase the last few weeks.
10 days for an audit? Not possible.
EXPH getting back to where it should be. Was waaaay oversold.
You can do last sale SPNGE
Exposure is always good though. I think everyday we pick up more longs.
VTSI looking really strong again. Profitable company and small float with sales to Lockheed martin and oil giant Saudi aramco the last few weeks.
Their license was revoked MONTHS ago. Anyone of the 3 accounting firms could have, and maybe did, tell them that they would need to have their 08 reaudited. Deloite had a month to tell them before the SEC did.
Sorry, but anyone that bought the last 2 days needs to stop trading money and start papertrading for a few years. This was sooooo predictable. You still like SPNG? Great, buy in AFTER the bloodbath. AFTER, not before. E + R/S = BLOODBATH.
Why didn't one of their THREE accounting firms apprise them of the fact that they would need their 08 statements reaudited?
D&T gives SPNG credibility. The problem is that a D&T audit is one year away! We'll see if that audit ever takes place. D&T is NOT auditing their last 2 years.
I think this could hit 11 cents and close at 10 cents. Float is getting tighter and more and more people are discovering this company. Just off the top of my head I'd say volume yesterday was probably in the top 4 for recents years.
VTSI - slow openings, nice opportunity to get in. Momentum is building big time based on Lockheed martin sales and oil giant Saudi Aramco sale. Still under the radar but not for much longer.
I think Obama wants to change it from 15% to 20%, not eliminate it. You know there's a ton of countries that have a 0% long term capital gains tax?!?!
Anyone find it odd that SPNG had 3 accountants in the last few months and not one of them told them they would need to have their 08 books reaudited? Hard to believe.
VTSI ready to bust.
Buy real companies when everyone else is selling. A week or so from now this price will be a dream.
I see a lot of people saying they're buying at 10 cents. Why? I mean, I know, you believe in the company. But an r/s is just a few days away. I think the stock could run AFTER the r/s but Monday (and maybe today and tomorrow too from the looks of it) is going to be ugly. Why not just buy in after the r/s? I can't see a stock price of $10 on Tuesday morning. I just can't.
VTSI might run here. Huge contract news the last few weeks building lots of momentum.
i don't think a 10 year chart is remotely relevant for a penny stock like this.