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The last time I called the company and I asked about the outstanding share count, Joe Forese asked me why I wanted to know and refused to confirm what it was. Several on the Raging Bulls board claim the count is presently 208,000,000 shares for VYON...but who really knows as of today? And keep in mind, Bay owns 61,000,000+ shares, making trading a bit tight if only a maximum of 147,000,000 shares are available to be freely traded...
Very interesting perspective ralph.
It makes sense that with over 1.6 billion outstanding shares for VELI that the stock price might well start under 0.01. Like I have said before thouugh, if I get 0.01 per share when I sell, I'll be happy - 1,084,000 * 0.01 = $10,084............
The company claimed that the Major League Baseball deal PR from May of 2006 had no dollar figures because of confidentiality...Makes me wonder if the product is very inexpensive and they don't want to disclose the dollar figures for that reason..They should know damn well that a contract worth at least $100,000 (and conaining the dollar figure) would boost the stock price. The vagueness continues...
288,000 shares seems like a very small short position for this company...What do others think? Is this good or bad for the average shareholder? To me, it almost seems completely insignificant...and yes, it definitely seems like the wrong time to be shorting this stock...
Keeping VYON shareholders happy has seldom been their concern.
Bay himself told me in February 2007 that delays in state government were responsible for the lack of certain state-level contracts they were expecting...
What about the NYC Fire Department or the NYC Police Department? John Bay supposedly wrote software for the NYPD years ago and likely still has connections with the organization...
Well put alopex.
I don't know if I'm in deep or not. My position is 271,000 shares at a total cost of $9835. This makes my average pps to be 0.036. I definitely believe that anyone who initially got in starting in June/July is sitting pretty.
Even if we slip under 0.02 (which I think is inevitable at this point, especially once the dividend is distributed), I don't belive we'll stay there for too long. Staying above 0.03 for two straight weeks is the challenge though...and like I say on Raging Bull, 0.05 seems like a dream at this point - which is pathetic since I can remember last Fall (2006) when 0.05 was a terrible new low...
Some folks say that "No news is good news." With Viyya, I'm not sure that the old adage is true. LOL.
Sadly, it looks like we failed the 3 test for today.
Yes. Given all of the hype in the PRs we are OVERDUE for contracts at this point. Period.
At this point, I'd be thrilled to see any contract - and as for one containing a dollar figure, well, that would be a real improvement and probably too much to hope for. LOL.
Yes I am Max. Thanks for understanding that. In February 2007 when I spoke with John Bay, he told me that the first Fire contract would be out "within 90 days." Well, May has come and gone...This never happened as we all know. It does seem like a million things are about to happen, but again, I'll believe when I see.
Up tick I am familiar with, the abbreviation u/t should have made sense to me - my mistake. My interpretation of my own calls, the posts by others, and the repetitive PRs is that VELI will have its own various PRs throughout December and beyond and that VYON should see some substantial Federal money in January/February 2008. Numerous ISP deals may also be happening in the near future, ranging in size from 10,000 users to millions of users...Is the sky the limit? Let us hope. GLTA.
What's a u/t?
They should have thought of that themselves...When I've called in then past, I've gotton long speaches about the potential and the products...FINE...You are absolutely right LBB, they need a brief interview style video for the Viyya site, similar to the video on the VELI site. Hope they take your suggestion seriously...I really like it. Thank you.
My concerns stated another way...
ONLY 17 TRADES ON THE DAY as of 12:34PM...Don't celebrate just yet...
Thanks surf...and keep losing money while you're at it...
Cry me a river, river. Do you like losing money? This POS is going no where...
I'll provide the flowers myself...simple flowers for a simple POS stock...
Guess not.
Anyone care to leave flowers?
Saying it another way...
I wonder if the next spinoff will be 10 for 1 or even 100 for 1. LOL. What a joke.
GREAT JOB JOHN BAY AND JOE FORESE! Can we slip under 0.02 on a PR day? I'm sure we'll all know be 4:00 today! WAY TO GO.
On the phone they always sound sincere and optimistic. For that reason alone, I more than doubled my position between June and August. Sometimes I think I can hear amazing promise in their voices, seriously...but as the months continue to pass by with no results, I'm thinking fraud, much like their former associate Richard Perrine...I'd still like to know more about the circumstances of his departure, and quite frankly, why would Viyya even mention his pending lawsuit in that July report unless they legally had to...
I don't think you were wrong at all...What does this BS PR really say? Viyya should be spending their money to get the stock pumped with IR firms and stock pumping sites, not meaningless empty promise containing PRs that lower the pps even more...
How's this for a bash? LOL.
Well put Deltablue. Don't you love it when new members try to step up and bash from the get go?
I was referring to an eventual reverse split of VELI, not VYON. Just a clarification...
Ok. The real question now is why was it so generous and will it equate to shareholder value in the end? If the pps is 0.01 or higher, I'll be thrilled. My dividend share count of VELI will be 1,084,000. Multiply that by 0.01 and I've got $10,084 (on a Viyya position itself that only cost me $9835). GREAT!
More likely though, is that the pps will be well under 0.01 like 0.0025 (or less) after everyone dumps their shares. Mark this message in your notes folks, hondadriver1973 also predicts a reverse split between now and 12/21/08 (whenever it suits Bay and company). Maybe that will work to our advantage when it happens...who knows...
WHO WILL WANT TO BUY VELI WHEN 832,000,000 SHARES WERE GIVEN AWAY TO VYON SHAREHOLDERS? AND WITH AN OUTSTANDINFG SHARE COUNT OF 1,664,000,000 THE PPS WILL BE DIFFICULT TO MOVE UPWARDS, PERIOD. GLTA.
Yes. 1 VYON gets 4 VELI. But what is the LOL point from your original message?
I sense that you diagree with my post in some way. Can you clarify what 1=1=3 means? I'm curious.
You may be right surfkast. Anyone who buys a huge block of Viyya and sells it anytime after 12/21 and breaks even or makes a profit, still has the dividend shares to sell a year from now...I'm looking for bargain priced VYON shares again diring the week of 12/24 when some dumping is very likely to happen...If VELI is trading at 0.01 a year from now, that will be a $16,000,000 market cap (and would mean that the total dollar value of the dividend shares that were given away was $8,000,000). The true value and power of the VELI product remains to be seen...How many schools have signed on already? It would be nice to know...GLTA.
I'm looking forward to the day when VYON is trading above 0.30 so that when I see a sunset like this one I photographed last week (11/10/07 at 3:54 PM), I have two things to enjoy...News of the first government PR, fire deal, or ISP will suffice. And I for one, sure hope that the best VYON PRs to come, come AFTER the date of record to receive the VELI shares...
Thanks for the chart twitchey01...
Nicely put.
A patient man would remind us that Rome wasn't built in a day. An impatient man (like myself) would ask WTF is going on.