Umm .... the chart says they haven't let it breathe in a long time.

The stock has done 2 R/S in one year and may have a third coming.

If someone owned 20,000,000 shares on December 7, 2014, they own 1 share today that is worth less than $0.001 ....

In order for those people to break even, the stock has to go to $2,000 per share.

Yes, splits can be opportunities, but when the dilution never stops, this is what happens.

Seen the following in a couple of places recently:

1. Stock moves mysteriously up.
2. Company announces R/S
3. Share price plummets (50%+) after R/S Why? Some shorting, but usually some dilution as well.
4. Share price either:

a. bounces as shorts cover (they likely shorted the run in step 1)
b. continues slide as noteholders continue to convert and sell.

The fact that they have done at least 1 R/S a year since 2011 doesn't look good.

Not saying something good isn't happening, just that past history isn't the greatest.

Colorado SOS doesn't mention any R/S, but the company is delinquent.

Seems like margin calls triggered yesterday's fall and now that it's out of the way, it can rise. I say that because of the fall and then 3 days later they are generally cleaned up by brokerages. Whether by a trader's own doing or a forced liquidation.

Sucks to be margin called and then the stock goes up.

I think a good chunk of it is the market sentiment in general has soured recently.

Easy to look back and say you should have done things differently.

Obviously I may have become stuck on this and may have decided irrationally to continue holding.

If the significant short position still exists, it's a catalyst for the stock to rebound at some point.

Looks like the interest has disappeared for now.

That's kind of worrisome and may be what lets the boxing in happen.

No Volume and its hard for any stock to move out of the triple zeros.

That's from what I have seen at least.

Seems like someone is trying to box this in and get people to sell at 0.0001 ?

Thoughts?

Important mark to break would be $2.10 for resistance.

Stock has never been this low, but the stock did find strong support at the $1.50 area yesterday. That's kind of the must hold area.

I guess $1.70 is likely the closest support.

So, would like to see $1.70 area continue to be support and $2.10 is likely to be resistance.

Obviously I want $2.10 to be broken and be support on the way up.

Anyone know why VSTM doesn't show up on ihub's List of Nasdaq Top % Decliners?

I mean, it does sometimes, but sometimes not.

Seems strange. It's not Friday's data that shows up. It shows Fuwei Films (FFHL) and it's 30% decline but not the ones that are further down.

Maybe a number of people don't even know the stock is down 70% ?

Why not?

Shorts will cover, they aren't as irrational as longs.

If no shorts, I probably wouldn't touch this today.

Cash Less Debt is $3.38 per share.

I am here for the short-term bounce.

Good Luck to us both either way.

For what it's worth, looks like they may try something:

http://www.stockhouse.com/news/press-releases/2015/09/28/movie-themed-resort-developer-signed-as-second-client-american-security

Of course, it's down 80% so far today ....

Just letting you know.

When you trade stocks down 40%+, there is always the chance it may go down further.

A lot of bio stocks collapse 70% on bad news, so that might be where it's headed - regardless of what the financials say.

May just be a head fake that gets traders stopped out.

Other thing that's keeping me here is this:

http://www.nasdaq.com/symbol/vstm/short-interest

Shorts will likely take their profits at some point. So, I am holding and consider adding once it finds some bottom and strength.

Seems like this is now trading below cash value and there is little debt.

Cash Less Liabilities is about $125 Million with roughly 37 Million Shares outstanding, that's $3.38 per share.

Looks good to me at $2.10-2.20 ... obviously would like lower, but decent entry point for a quick trade.

It is an OTCBB stock.

They do filings with the SEC.

That's good in some ways.

Experience tells me that the difference between OTCBB and Pinksheet is not that much beyond filing with the SEC.

As an investor, you are still mostly in the dark and its more about the story than anything else.

I have seen OTCBB CEOs and Pinksheet CEOs spin stories.

I guess it's good that they are OTCBB because it means there isn't many trade limitations (can be traded easily online - no need to call in).

It's the pinksheets.

Stocks move on stories.

Lots of things point to a promotion.

We outsiders don't know the realities of a pinksheet company.

We can only see when it's likely that something is about to happen.

I am unsettled by the amount of posts that have come up since I mentioned that the big grant that was to be awarded October 1st is no longer in play (as per the recent 8-k).

But that's the nature of the beast. Ignore the bad, keep talking about the good.

All I know is that many things point to a possible promotion ... and that's what interests me.

Still, I will wait and watch.

Lots of things suggest a promotion and the price is at a decent price to get pumped from.

As per the latest 8-K (put out yesterday), their is no such agreement.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10927206

Could be they have ATM (At-the-market price) financing.

I have seen it quite a bit on pink sheets and smaller Nasdaq companies.

I don't have level 2 .... but you would need to see the market makers.

One of the market makers that does it is ASCM (Ascediant Capital Markets).

News was kind of vague.

They signed a master agreement which seems good.

But why not say who they signed with?

Seems like kind of an obvious thing to report.

Looks like the shorts may have the stock contained today.

With all the retail that got in 0.05-0.10 previously ... it will be easy to keep the stock range bound without news.

We shall see what happens.

Looks like the A/S has been raised from 75 Million to 750 Million and Preferred Share Class has been created.

Sept 21 (14C):
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10919986

Also note the Latest Financials:

Sept 14 (10Q)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10909424

Results of Operations:

NOTE 3 – Convertible Promissory Notes

LG Capital Funding Convertible Notes
Note 1: $55,125
Note 2: $55,125

JMJ Financial Convertible Note
Note 1: $35,000
Note 2: $25,000

Adar Bays Convertible Note
Note 1: $52,500
Note 2: $50,000

Vista Capital Investments Convertible Note
Note 1: $38,889

Typenex Financing (Convertible Note)
Note 1: $125,000
Also, they issued warrants to Typenex.

Vis Vires Group, Inc. Convertible Note
$69,000

It doesn't look that great.

Not sure if Convertible Note holders will attempt something.

I mean, there are 6 of them ....

From the financials, it looks like the company may have tried to sell restricted stock to individuals to raise funds.

However, it seems that the promotions didn't work.

Company has little in terms of assets and plenty of Convertible Notes.

The raise in the A/S tells me that it may spiral now. It looks like there was only 10,255,625 Shares issued prior.

I guess given what was written/suggested in the past about the CEO, this should be a shock.

At this point, I believe it's more of a question of whether the noteholders will organize a promo so they can get out.