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That is not correct. They are not naming these companies. They changed their name.
letter of intent
A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized. A letter of intent is not a contract and cannot be legally enforced;
That's correct, They have signed the LOI's. That does not mean that they acquired these companies. That is just the very beginning, which may or may not happen.
Now two months later they are naming the companies because they are about to finalize to acquisition.
Wrong, You need to read that over again. That's not what it says
I agree with you 100 percent, it could very well happen. I'm Just saying that just because there is a LOI, does not mean it is a done deal. I know what I'm talking about
letter of intent
A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized. A letter of intent is not a contract and cannot be legally enforced
An LOI is a non-binding document, meaning there is not a legal requirement for things to play out exactly as the document states.
Not achance, A letter of intent is a non binding document. That won't happen until an acquisition happens. A LOI is nothing but a letter stating they are interested parties
with news next week, this should move to around .025-.03 IMO
What are you talking about? All I said was management should wait to put out PR, until they actually acquire said companies. Don't put out again that they have LOI's. WE already know that.
That's what this board is for, dude. If you don't want to listen to it, you go the beach or go get a job. Lets be real here, this will not move without financials, no matter what PR's they put out. The PR's they are planning to put out next week (LOI) will not move this up at all. This is news we already know. Poor management decision again. They need to wait until they acquire these companies.
I think we see another green day today. Looking for FINRA approval of symbol change. Could this be the day?
There is no proof that shares were sold to friends and family. One more thing management screwed up. Good news today and this can't get past .02
everyone already knows they have 3 other LOI's. Then they are going to put it out next week sometime, and everyones going to wonder why it not moving up. That's not news , my friends. Sometimes this feels very shady.
Its coming..... better get ready.LOL All because of a linkedin page and a facebook page? We all have them. So funny, dude. LMAO
870K on the ask at .0205 LOL
Waiting for ticker change
This is taking way to long for finra to approve ticker change, something has to be wrong. I wouldn't be surprised if paperwork was never submitted for change. All management said was that they contacted Finra about ticker change. Poor management for not putting some info out about what is going on here. Just another typical pinky stock. I am losing faith in management.
launching Pad? LOL
Is that what you call this? That's just so funny.
I'm loading some more today
Where do you get your information from? LOL That just makes no sense. Unless you have facts, please don't post.
Wher are you guys getting 7MM to 10MM revs I'm seeing nearly 3MM. Stop putting out things that aren't facts please.
, "We are extremely excited to add Velocity to our family of companies. With 2018 revenue of nearly $3MM and approximately $400K monthly average run rate in the first half of 2019
funny how you know everything and nothing. LOL You are too much
It wont move much, nothing was put out that we already didn't know.poor management choices
I don't think we were short changed on the news. I believe that the news that came out this week was something that all investors already knew and the PPS already reflected that news. The same will happen when news come about velocity and the name change/ticker news. This is not news if investors already know . Management, in my opinion, screwed that up. We need details on revenue, etc.
This could be sub penny by end of week. I hope they know what they are doing. Sure doesn't seem like it.
All management said was that they contacted FINRA about a name change. They never said that they put paperwork in for name change. This is taking way to long. Now they have me wondering.
This will be back down to .015 by EOD. This is just pitiful. There is just no interest in this company now. They need to deliver what they promised,not what they put out yesterday. Everyone already knew that, that was not news to anyone. Put out some details. This is just so sad that they would do this.
This is your typical stinky pinky. This is exactly what they want to do. Try to make themselves into an awesome company, and take your money every week so they can go on nice weekend vacations. This is just so sad.
LOL What a joke. I cant wait for the next piece of info to come out. we will do this all over again. So sad here
They did this without FINRA approving the name change.
FINRA will deny use of unacceptable names. Proposed names are reviewed for compliance with federal law and for similarities in appearance, sound, connotation and commercial impression with the names of other FINRA member firms. Note that although services offered by two or more firms may differ in nature, scope or geographic location, these criteria, alone or in combination, do not provide a sufficient basis for approving a proposed name if it is too similar to that of an existing member.
Applicants or member firms should not prematurely order stationery and other materials printed with a firm name until a name approval is received. Printing expenses will not justify acceptance of an unacceptable name.
Moreover, although a name may be accepted by a state, regional or other agency or jurisdiction, this will not justify approval of an unacceptable name by FINRA if the name conflicts with any one of FINRA's international network of members.
How can they change their name with Nevada before FINRA approves the name change?
Blue skies after .0276 Good luck to all here
stock little boy. LOL I already have him on ignore, that's the best button on this site. It keeps me from hearing annoying comments.
WE need news for this to move. any thoughts? are we going to see news today or this week?
I believe when VSHC announces its ticker/name change this will see .03-.04.I don't believe we see .10-.20 until news of merger is announced. I think management has lost many interested shareholders with the way they are doing business. A lot of talk for awhile about ticker/name change and upcoming mergers, with no update to either. That's not a good way to keep shareholders interests. I have been with other companies who have changed name/ ticker, and have not taken this long. I guess I will just have to wait and see what happens here, but not looking too good now.
The interest in this company is so bad that I believe even when the name and ticker change comes out , it wont do nothing to the PPS. People are losing what little faith they had in VSHC management. Even when news hits
(if that happens anytime soon)it may not move the PPS much at all. When you drag your feet like they are, shareholders start to wonder what the heck is going on, and are leary of investing.
That's not really a true statement. I have been with other penny stocks that changed their name and ticker, and was completed very quickly. This is really dragging along.
Not real sure whats happening here. No volume today and no interest here. All my other positions have heavy volume, so it not because of the holiday week like others have said on this board. There is no reason for the long wait on the name change and new ticker, management is dragging their a--es
IMO. I want to believe in VSHC, but lately it is getting harder to do so. It seems like management are saying many things are ready to happen, but I have seen nothing. Hoping this isn't another average penny stock, just sucking us dry.
Anyone have any thoughts on when the name change and new ticker symbol will take effect? I would of thought it would be this week. Looking forward to a nice PR announcing this.
Hey koi, why can't you trade in Canada? whats going on?
Just bought a few more shares at these great prices. Won't be long before this moves up. yesterday we saw how fast this can move in a instant.