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hi hugh..
heard it from my buddies who said they love the potential of this little co. And they'll be taking a position.
But you know how friends are.. "i'll do it tomorrow"
just to get you to leave their place... :)
we'll see what happens
One step forward, two steps back
i know you weren't looking for this type of "Shake" :)
and obviously you didn't mean .02 - .025
still not seeing the volume that i heard was supposed to come
VMHIF - will bounce HARD!!! - not many shares out there, recent management change prompted by just a few investors showing that together they hold over 50mil shares in this co.. with around 90mil issued, 20mil or so restricted, and atleast 50-60mil held TIGHTLY there isn't much left.
Atleast watch what happens!
VMHIF - BID Building- New Management in place!!!
Watch it!!
good things coming
GLTA
ok finally we're seeing something above .03... who knows for how long though..
At this point LII is very weak when it comes to support, and the vol today is nothing to brag about, still around our 6000$/day mark for trading volume.. we need some 6 figure $vol days or better yet weeks, for this co to get noticed.
Lets hope this is the first sign of a bounce, i'd like to see it bounce like we did 7 months back then hold on to the gains, and move on up.
GLTA
i agree that is pretty damn disappointing.
No trader or investor for that matter, would want to get in without liquidity...
Novak, lets get the party started!!!
i don't mind actually
whats important to note is this
the Ask is very thin... and what we thought was a "WALL" at .03's is now pretty much gone, 75K moved the "WALL"
so imagine what happens when we get some real volume into this (when novak starts spreading the word - when is a good question)
GLTY
Looks like some trades..
and yay we printed an order at .033 :D
gwho13,
indeed it is painful to wait.
I'm sure management is running full steam.. just expecting things to finally really start coming down the pipe, and i'd rather it started YESTERDAY :D
as always GLTY
Every time i post something like right now
"Good thing is there don't seem to be any sellers there"
usually a few minutes after someone sells and makes me look like an ass.
but this time its different... and obviously other side of the coin is, there don't seem to be any buyers, but thats what Novak Is supposed to bring for us.. RIGHT?????
i was expecting to be in the mid .03s by now, and we're not really at .03 yet.. so i'll wait and see what happens over the next few days
GLTA
The Management changes and BOD is great, but lets see what they do before we pat ourselves and them on the back huh?
Lets give them some time...
i'd like to see some sort of a Management Update soon..
and geez people.. Give us some Revenue #'s!
I completely agree re: Klassen
I heard he's a very seasoned investor and enterpreneur. I'm sure he doesn't just agree to be on a Board unless he sees the potential of the company.
As for the Porn side of things, i HEAR its a big $$$ money making business, and it wouldn't be half bad to have a piece.. but, lets see what the new management does before we get into porn :)
GLTA
sure, but give me one company called something like XYZ Sales.com that is making it big on the market ?
we need a catchy name, even Dvdmarketplace was better...
either way here is what needs to be done
1) get investor exposure - so we can #2
2) use proceeds of stock sales + sales from the site for Advertising purposes.
3) watch our investment grow to dollars
all IMO!
indeed they have been..
But if you look.. actually no charts for all of last year and 2 years ago.. too bad
they were able to take this stock up to .28 the first time they were involved, and that is also with their contract being terminated - there was some disagreement with old management team.. or something.. i'm not sure of the details.
Either way, i wouldn't be surprised if they didn't do their job because of old CEO... maybe now that there is all new team leading this co. they will finally be proud to spread the word?
I too however think that another IR firm or other means alltogether could be used here as well to help spread the word.
Bottom line IMO oppion is that they should start spending some $$$ on ADVERTISING.. not on the "IR" side but advertise their site a bit more.. the name "VMHSales" isn't that great, and when you search for an item on the web, whatever it might be.. i doubt you look for "Sales + Item"
... so my first step would be to start putting in some of the revenue money into advertising.
We'll see what happens. - but yeah Novak Capital contract runs out in June? lets see if they will promt VMH to renew their contract, they have less then half a year to Prove to management that they have done their job!
GLTY
I'm sure his involvement is a good thing for the company.
Well whoever might have been sitting at .03 (or rather .. the fake wall) is almost gone, i'm sure we'll break .03's tomorrow and would like to believe we can close around .05 by the weekend ?
i'm sure buyers are now pressing the "BUY" buttons as we finally have a new BOD and management.. This is just the first step to make this company worth something again.
I'm looking forward to updates from new management and i welcome the trading more towards the ask side than the bid.
GLTA!
i'm sure the numbers will come back shortly, it might have been something new they put in, or maybe changed something on the Database level. Either way i'm sure the number of listings will come back up..
Lets see what the new management has in mind for expansion and increasing shareholder value..
I'd like to finally see some numbers.. revenue, projection etc..
Holding tight !
Finally a Seasoned Management and BOD!!!
What we didn't need is a family based BOD.. especially if the board member is a youngen...
With Mr. Klassen on board (just do a bit of research on him) i'm sure you will all find him to be a VERY STRONG addition to VMHIF!
I'm glad this is all now finally resolved and we can continue on very aggresively i hope!
Usually new management starts off with a BANG! and i'm sure we'll see some good things happening VERY SOON!! - looking forward to the future!
Cheers
GLTA!!!
VMHIF - Bounce coming - watch it!
we definitely are...
Just waiting for BOD announcement and possibly new CEO to be announced as well, and i'll be loading up even more...
Once the dark old management cloud is gone we can be on our way to new 52 week highs!
GLTA
lol - i guess i could have picked up my shares at .022 instead of .026...
oh well...
see what happens here tomorrow and early next week
Who else can afford to sell at these prices?
lets see how long this can go for
ahh finally got filled :)
lets see what happens rest of day and tomorrow i want to purchase another 100K shares atleast...
Trying to get more
Its strange, at the open the bid was .025 ask was .03
so i put in a buy order for 100K shares at .026 and so the bid went up right when i did that, but since then i only got 2 fills for 10K shares each...
it seems as soon as you're ready to get some and you up the price higher then bid, there are still buyers out there that seem to be "first in line"
Think about this, we're at the bottom i'm sure, and with new CEO in the Drivers Seat we're going to see something fairly soon
GLTA
Time to add to my position :D
i agree
I think a change in management in MANY companies is a great thing, especially where management has become bored of running the co. New Fresh people in charge usually start off with a BANG.. and if they're true enterpreneurs continue on with strenght and a smile on their face.
We definitely needed that, i'm sure New Management and i hope soon new BOD will get the good ole pulse back to normal levels for this co.
GLTA
I'm quite sure they'll get their filing in.
everything's being reviewed and redone - the old CEO hasn't done anything for some time.. so everyone involved now have some work to do..
give em around 2 more weeks - i'm sure we'll be updated soon
as for SLJB.. yes it was full of shizzo, BUT.. remember its all because of bad management... so now that we're on the way of replacing our mgmnt i'm just waiting for this seed to blossom.
Also, if you're looking at the OTC as an Investor.. u best re-evaluate your investment strategy... mainly because even though tonnes of $$ was lost on that stock, you have to admit that Tonnes of $$ was gained as well (and not just by ppl on the inside) stock went up, and lots of 'investors' made theirs.
greed kills
gwho13,
I am positive on the company, i know that people involved in the company are betting everything on the success of this co.
I will also give Jagman credit where credit is due, and to think this is going to be the next google or even amazon... is just not realistic... we might become a big company, but size of a co. doesn't really matter, as long as its run by individuals who really want to see it succeed - we will achieve it. I'm sure that with novakCapital (if they finally start doing their work) they will help spread the word like they did last time.. and we'll see old levels and i'm sure this time - with new management that is focused on success of the company we will surpass those old levels.
with volume (and we've seen lack of it lately) but once it kicks in, i'm sure we CAN end up in the .30 - .50 range at which time a company like this HAS to start spending time and money on advertising... a 1 pony show just CAN'T make any co. into a multi million dollar co. especially a public one.
thats my .025 - .03 cents
as always ... u MUST be right
oh.. then it must have not happened...
what do we know...
gwho13
your votes still matter, i believe the votes are still being tallied... maybe you should email brian and find out more?
i believe its brian@vmhsales.com (please correct me if i'm wrong ?)
Theoriginal7
That is so true, i think since the business model turned to 0 overhead and 0 inventory - Steve has practically been out of the picture - and responsible for the financial part in the co.. which is why we have filed the late reporting form ?
Thanks Steve........ NOT
we need people that take this project on a personal basis.
We need management that is hungry for success, managment that will not just answer calls when they come in, but actively MAKE THE CALLS to get new business rolling in, and new ideas developed...
Can't wait for this to be finalized so we can be on our way!
i was how you say.... "pro-active" and contacted the company, found out that i could vote for a new BOD and to have the current CEO resign.. and i voted with my shares for both to happen.
when you say "They" - you mean "he" ?
it became quite obvious to me that the CEO wasn't doing his job when we weren't updated with anything.. no financials, no update on how the business was going, nada.
To have this great idea just put in place and not pushed to the public that we exist and that we're alive and kicking is a waste of everyone's time.. So i have high hopes for new management - i'm still not sure who will be in what position and i'm not sure what the BOD will look like, but like i was told and i'm sure i was told correctly.. We'll see this very soon.
Brian so far has done an excellent job and we do have an IR group taking care of spreading the word on the company.. so give em a ring and find out what is going on - i'm sure u'll agree with me :)
www.novakcapital.com is their site.. i think they have some Ph#'s posted on there.
Oh yeah, those are some big blocks hitting the market!! YEAH!!
geez.... come on, why do they have to do these small trades?
as for whats happening, well Steven Gaspar, the old management has RESIGNED... which is GREAT NEWS as he didn't do squat over the past LONG while.
I'm surprised the stock and the site is where they are since The CEO was so incompetent its not even funny. He was never supposed to be inolved in a public company anyway. He came from small private sector.
Anyway, on top of CEO Resigning, there are going to be changes to the BOD - currently Steve's Son is on the Board of Directors, and this will change very soon, i'm sure the new Management will update the rest of us VERY SOON
And i'm sure we'll start moving in the right direction, as this management will actually put in time to make the company what it should have been 6 months ago!
Good luck to y'all....
Holding Long and Strong!
current CEO is incompetent.
Changes coming soon IMO
zoran,
i'm not surprised you sold.. i hope you make a few $ on the other stock.
i too would like to see some numbers, but more then anything i'd like to hear from the company... lets open communication channels ... can't just sit there and hope for a buyer to come in and take us up.
I want to see management and IR being a bit more pro-active
GLTY
unfortunately no fills
i think MM's are playing games...
i split my orders too, had one at .0255 and another at .026
I'll try again next week...
don't think there will be much more time for these kind of prices anyway.. no matter if good things happen or not, we're bound for a rebound... just because of the chart, if only we had more vol - maybe we should all do some flipping so we bring some vol in on a daily basis?
anyway.. happy holidays!
well...
what a week.
I'm sitting here bidding at .026 hoping to get a nice chunk of shares, hopefully support the price a bit. i'm looking to pick up around double today's volume.
The ask side is non existent till .04 so the MM's are going to keep it down, watch for more MM's moving in-between current ask and .04 to signal a possible reversal into positive territory.
As for lack of volume etc.. someone best get off their butts and start letting investors know about our little co.
Good luck to you all.. and to all happy holidays!
actually the other way around...
bigger blocks on the bid, and then small trades at ask to make it seem more expensive....
if i recall though, this is what happened when we first ran from .011 to .055+ so i welcome this chart setup.
GLTA
are we looking at the same stock?
i seen a trade of 200 shares at the ask.. and almost no volume
no sellers or buyers right now... we wait some more
and i'm not sure what all of a sudden made you believe we're going to "dollars" soon... unless you know something we don't know..
i'm loaded and ready, but until i see it .. i won't believe it
ahh always that small trade on ask just before close..
makes everyone's account look better...
oh well, atleast the bid moved up a bit too ..
see what happens before xmas - i think we might be done till then, but the new year.. OH THE NEW YEAR!!!!....
cheers everyone