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I don't really know what caused the slowdown of communication, but I feel there is probably a reason for it- perhaps something I haven't even been to guess. Nonetheless, I know this is a serious company and management is working on real things. The idle speculation about pump & dumps schemes and negative comments about what's been happening- has absolutely no positive consequences for any of us who use this board to discuss real things.
I am totally certain that management is being very cautious to release meaningful information and they do not want us to experience anything unsubstantial- for just the reason you mentioned.
I think that is fair. We are all human and things here have been frustrating. But the level of complaining here has been massive- and laced with insults and calumny and that is what I am concerned about. Also, once you have expressed an emotion, it is not necessary to repeat the same thing- literally, twenty time. I have expressed some frustration here and I am not ashamed of that. But on the whole, like you, the intention is to bring this place to a higher, more positive level. And to respect those in management who have taken their own risks and their own time and money to bring us this opportunity.
Thanks. I am looking forward to yours and other people's help- to change the nature of this daily experience I have- in preparation to what I believe will be a very positive and exciting time.
As I have mentioned before, I think that people using this Message Board should be aware that it is public. I notice that when people are posting, they somehow think that management is listening to them here. I have no idea how much attention management pays to Message Boards but they have ways provided to shareholders to communicate with them directly.
The people who are definitely interested and come to this Board are shareholders and people interested in investing in VMSI. Members who are using this Board as an outlet for their upsetness and uncertainty are actually working against the value of this stock and the shareholders on this Board.
Is it OK to state a complaint or a concern? I think so. Is it all right to debate and discuss such things, including challenges involving appropriate communication to us by management? Yes, I think so.
But to indulge in continual bantering about it, to actually speculate very negatively on motivations of specific individuals, to actually call individuals names- all this sort of thing- is injuring other members of this Board. We need clarity. Yes. But the way to get to that clarity needs to be as positive as possible in this venue.
Does anyone agree with me? Despite the clarity of our situation, shouldn't we make this Board a place for intelligent discussion and positive approaches to whatever we are up against?
A saying well worth pondering.
I truly believe that great things are coming. But I don’t want the future somewhat short-circuited by people who believe that by complaining and speculating negatively is going to help anyone- including themselves. I appreciate the voice of the silent majority speaking up. Thanks.
There are a variety of reasons to use this Board. Among the most important are to share and discuss meaningful concerns and interesting information about this stock. Information from this Board can be proliferated on Search engines. It can be visited by people wanting to know if they should become investors. In it, we all can be informed of developments in PR of vital concern to us all. And it is worth discussing these things.
Still, when you go on this Board to write something, you are actually visiting a public place- and what you say and how you act not only reflects on VMSI but on the quality of the people who are investors.
I would say, having spent months reading this Board, that there are very intelligent people here. But owing to a period of challenges- due partially to a lack of clear information, I suppose- the Board has become a kind of tabloid surrogate for negative comments, unwarranted speculation, continual whining and relentless condemnation of a situation that no one here clearly knows about, including me.
Even more seriously, It has lately become the repository of proven false information about VMSI,bers, citing a conversation with an early Investor that never happened. My own conversation with the investor, following that posting, not only demonstrated that the investor had nothing negative to say about management or the stock, but I learned certain things about the nature of VMSI's business direction that I did not understand formerly.. The investor in this case was talking about concepts- not about the current situation with the company, which he had contributed to positively but was now involved with other projects.
If we are to succeed as a group of investors, we need to clean up this Board and not use it as an excuse for trivial posting, ranting, making defamatory remarks when we have a distinct lack of true information. I have a large investment in this stock- and so do others- and I think we should go forward in a more positive, careful direction. Like a few others on this Board, I believe we are on the verge of something big.
Agreed. What was done was very dangerous to our mutual well-being. We are lucky that the event has ended.
IN REGARDS TO THE FOLLOWING:
Re: FF1967 post# 28453 Post # 28459 of 28482
It was all true FF..Nolen is fed up with Sean and he also said he wasted a lot of time, money and energy with this deal..They still don't even have beta testing going on..Believe what you want. I could care less..VMSI could of been something huge but SEAN screwed it all up.
i SPENT A CONSIDERABLE AMOUNT OF TIME TALKING TO NOLAN YESTERDAY- AND I AM QUITE SURE THAT HE DID NOT SAY ANYTHING WITH THOSE IMPLICATIONS TO ANYONE. HE DID NOT SAY THAT HE WASTED A LOT OF TIME, MONEY AND ENERGY WITH THE DEAL. HE DID NOT SAY THEY DIDN'T HAVE BETA GOING ON. HE DID NOT SAY THAT SEAN SCREWED IT UP.
I don't know why this was done- nor do I know the motive. I just know that the report was not true because I spoke to Nolen about it.
I just spoke to Nolen for a long time and what was reported was definitely not accurate and no reason to make any kind of judgment.
Not true. I just spoke with Nolen.
Text from Nolan. I called him and left a message. I wasn't completely explicit but I think sufficiently. I checked his phone number before I called.
This is the text:
"Sorry, I don't know who you are. I am unaware of any statements you are referring.:
I called him back and was specific. Perhaps he will call me back.
Well, since nobody thinks it's worth calling, I have called them back. Both of them. And if I don't get an answer from Sean, I will write him in a half or hour or so.
I think it is stupid to take anything for granted now- and we all should be on a fact-finding mission.
Unfortunately, Sean would prefer to do his own communication regarding the contents of the email. He wants to more definitive with you all than he was with me. And the time is not right. What he told me specifically was comforting, but no big dramatic deal. Nonetheless, I think he feels confident that ultimately we all will be very happy with their efforts. But it is his wish that he does the communicating when he is ready. And I am happy to comply.
Sean answered my last letter sent to me a few days ago. I am still in correspondence with him about it I will let you know more when I hear back. Perhaps it isn’t such a big deal but to me it was quite comforting and I think it will be to many people on this Board.
Very good to know. Thanks.
I just sent out another email to Sean. I asked him to please update us- that it would be good for all of us, including VMSI,
Just bought 50,500.
Hi Step-
Good deal. Relieving. Still-
I also received a number of weeks ago a personal email from Sean. I also was reluctant to cut and paste it in the Board and I didn't. The letter I received acknowledged that he wished to make certain things happen that I suggested to him- but somewhat in the future. He also emphasized the long-term value of what he was working towards. I then sent him another letter in response- but he didn't answer it.
So I fully understand your feeling about cut and pasting the letter. I wouldn't and won't either. But I did communicate, as you did, the essence of most of what he was saying on this Board- which were mostly generalities.
I also suggested, in my communications with him, that he clarify publicly what certain postings like the clerical issue one and the beta update had never happened. But he never did anything about it.
But since that letter- my shares of stock have gone down thousands and thousands of dollars and I think, if he is thinking of shareholders, he should think of the effect on people's attitudes and psychology when they have invested their hard-won dollars to invest in their company. He has a responsibility to realize that- and not think that because he is working on some proprietary projects which cannot speak about- somehow excuses his lack of communication. Some people have taken great risks- like myself- because they trusted him. He needs to make this right.
If you are a waiter in a high-level dining room and people have ordered a special for the evening, a surprise dish that the chef makes available every few weeks and will be ordered sight unseen- the waiter and the chef are responsible for letting the patrons know if they have to wait over an hour. Because they will start to feel hungry and agitated and perhaps that they are forgotten- if the waiter doesn't tell them that the rare ostrich gizzard he is going is taking slightly longer than he expected because of the low temperature he has to use to prepare it properly. Of course, he might say it more vaguely. But that extra special effort to create that delicacy won't matter if the guests decided to leave after an hour of waiting or, if they are so hungry while they're waiting that they start snatching extra rolls from the empty tables around them and then they are full when the damn ostrich gizzard gets to their table.
Sean should figure out a way to tell everyone what is happening in a way that avoids legal complexities and release of premature proprietary information. He needs to keep in touch- perhaps by a private letter to all shareholders instead of using Twitter which, by the way, has some rather ugly comments in it last time I looked.
Thanks.
Beetle, with all respect, you really don’t know that unless you have been taking a survey of all the companies on this planet. The fact is- none of us really know what has happened. It is purely unknown except for the fact that the price of the stock is collapsing faster than Antman on a shrinking spree. But Antman can also grow very large and faster than a speeding bullet- or a chrisanthynum growing at hyper speed, if you want a more positive metaphor. We have seen both. Socrates found out that he was the wisest man in Athens after the Oracle described him to a friend- because he knew that he didn’t know. There is a great power in knowing that you don’t know and being content with that knowledge. I have lobbied persistently for simply writing a letter to management collectively that asks specific questions without being negative or punitive in anyway. But people on this board, in general, would rather complain and speculate than act collectively in a positive way. I have tried throughout this participation in the board not to be negative and not to overly speculate. I am personally trying to get answers from management but without any success so far. Collective is better. It has more clout. I am going to continue to act alone if I have to. Right now I will need proof before I can trust management again. They have an obligation to respond to shareholders if they are approached politely and reasonably.
Up in till now, I gave them the benefit of the doubt. Now I need proof.
This was posted on Twitter:
MillionaireStockWisdom
?@Stockwisest
Sep 6
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Replying to @VitaMobileSys
Sept. 6th 2018.. share pps is .01 which is actually close to .01 minimum for QB price. If failure sec and finra will reject it and disclose no business for uplist.
Whatever is going please do it and fast and urgent stop wasting shareholders time and money. .10 to .01 not happy.
Now, I would say THAT POST is APPROPRIATE.
Since a number of you seem to be monitoring the board, I want to say there are things being publicly said here that are extremely against our interest and probably some against the rules of the Board. While it may be fun for some of you who have become friends, this is not a good place to discuss your recreational habits or print offensive language about ethnicities (a recent violation).
It is also not a place to paint the owners or management in sarcastic and abusive ways, making threats about litigation when no one has taken any real effort to legally address their objections collectively to management in a way that a non-reply by them would be a bad idea. No one here knows what's happening. No one truly knows if the stock is dead or if it is a "pump and dump" scheme (which I personally I don't believe at all) And if you haven't taken any intelligent collective action to truly ind out, then you are getting what you deserve!
To reiterate: I want this board monitored- and also not dominated by certain people who post many multiple times per day. If we have to discuss things unpleasant, let's do it professionally.
Since I believe this is an emergency, at least for me, I decided to call them and left 2 messages (because one of them was cut off before I finished). I told them that they needed to clarify why certain things they had said had not been accomplished. I told them to clarify things like the :"clerical issues" and the "beta update" and that this kind of information should be communicated to the shareholders. I told them I was not interested in any kind of proprietary or inside information (of course) but I thought they needed to do this immediately and do communicate frequently.
The most effective way is to send a registered letter signed by a lot of people who are shareholders. Believe it or not, shareholders do have rights but solitary emails and phone calls will not work as effectively as a collective letter that is polite, clear and asking real questions. This would count as proof that the shareholders are trying to communicate reasonably and have reasonable questions about specific items that the company has posted but not clarified. Obviously, there are a variety of reasons that a company that’s listed and regulated wants to be a little bit careful if there is a request from many shareholders that asked for clarification of certain claims that the company is made about what it is doing and what it is going to do within a reasonably short space of time. Since there is an ambiguity about some of the things that have been posted in PR’s and then their tweets we certainly have a right to understand these items.
No, what you are suggesting by tweeting in this way is no substitute for a polite collective registered letter that requests specific answers.
What you are doing publicly- as perhaps the main, most frequent, exponent of this type of messaging on this Board- is making a public record of your dissatisfactions in a very rude, immature and thoughtless way- because it can reflect on the value of the stock- since it is public. And that it effects all of us.
Yes, I am not against us collectively tweeting in a polite way- but not one person- who is then acting as a nuisance to get his way- at our collective expense. And this is absolutely no substitute for an appropriate professional response.
Many of us are puzzled- and the share price is at a very dangerous level for those of us who are heavily invested and can't profitably pull out- but that is no excuse to act like a nuisance- because truly professional people will be insulted, offended and disgusted and will probably not respond as they would to a serious group of shareholders who actually want to provide helpful feedback and see if we can get something better than the Sound of Silence.
But I am not going to push for it unless you and Porterhouse agree.
Beetle, you said: They should all be held accountable, but what can we do as shareholders?
In the not-too-long-ago past, I recommended that we collectively send them a letter with our questions. I wanted to present a supportive tone. Only six people were interested. I had asked for ten. So I declined to go forward.
But now with these shares dropping into negative infinity, I think we need a slightly different strategy. Before I was supportive. Now I simply want to ask questions. They need to prove that they deserve our support. Abandoning friendly and serious shareholders doesn't count for much in my book.
The questions have to do with the tweets you, Beetle, have so kindly reminded of, which embody much of their promises. I think we should ask them what promises have been changed and what are still ongoing.
Is the amazing day and updates problem still real? Does that day still promise something exciting?
What about the clerical adjustment PR? Why did that not go forward?
What about the Beta Testing PR? What happened to that?
ETC.
ETC.
MAKE IT CLEAR WE ARE NOT ASKING FOR PROPRIETARY INFORMATION. IF THEY MUST REMAIN SILENT FOR A REASON, THEN WE ARE COOL WITH THAT- FOR AWHILE. BUT WE NEED TO KNOW WHAT'S IN PLAY AND WHAT ISN'T. WE ARE JUST REQUESTING INFORMATION WHICH WE DESERVE.
I am still holding onto the thought that they are somehow ignorant of basic customer service, which has a direct application to shareholder communications. We are at least owed the knowledge of what is on-going and what isn't.
And if there are major changes afoot that they can't tell us, they need to at least tell us there are and something about realistic possibilities from those changes.
I SUGGEST WE FORMULATE THE QUESTIONS IN A CERTIFIED LETTER AND LET THEM KNOW IN VARIOUS WAYS THAT WE SENT IT.
It is ridiculous, at this point, to talk about litigation. But, if we don't start being sensibly collective, they probably will continue to ignore us. And, right now, we need answers- not complaining and fantasy. Lights! Camera! ACTION!
IN THIS CASE, I WANT TO SEE SOME KIND OF VERY LARGE EFFORT WITH A LOT OF US- OR I WILL FADE BACK INTO MY OWN PERSONAL SUNSET AGAIN.
And I won't proceed any further without Porterhouse and Beetle's support- and a whole bunch of other members of this Board.
I agree. I am probably as much inconvenienced as anyone- and am down a phenomenal amount- but I know I need to hold on to the stock now- for the most part. The fact is that no one here knows why management is being so quiet- and the continuous speculation, to me, is a futile exercise- as well as the toxic comments about the stock and management that are also based on speculation.
I think people here know the difference between discussing a problem and basically bashing the stock and condemning management in a very unpleasant and sarcastic way. Am I in some kind of penny stock lockerroom or am I dealing with investors, some of whom are very smart and sophisticated- and discussing real problems- and solutions?
I would very much to be in the latter.
I think this is a message for us. Yes, it is redundant- but it covers a lot of our concerns, maybe all of them.
“We believe uplisting to the OTCQB will provide our shareholders the level of transparency we have been working to achieve, better access to a larger and new investor base, improved liquidity and market valuation, and increased opportunity for media and analyst coverage,” stated Sean Guerrero,
Does anyone know if the current standing as OTC has some kind of explicit restrictions on transparency, access to a larger and new investor base, improved liquidity and market valuation, increased opportunity for media and analyst coverage?
I realize that some of this is kind of a logical upgrade in being in a stricter and more secure exchange for investors, but I would like someone to be explicit as possible about the reason for each of the above phrases.
I think expressing concerns and discussing them constructively can be ok- but all this anger, sarcasm and condemnation does not bring us anywhere useful.
Thanks for you answer. I certain hope what you are saying is true.
It just seems to be, if there are no solid legal reasons, they are causing a lot of shareholder grief- by avoiding three simple sentences to explain whether or not those specific tweets are still up to date. I believe this kind of discontent can certainly affect their business and it should be simple to prevent- because most of know that they have to be careful about current business they are conducting- and we would be patient if they just were a bit more upfront with what is happening.
What concerns me is in the latest tweet- is that they are talking about heading towards the company goals they spoke of before- but they do nothing to clarify the amazing day, clerical errors or beta test update claims. Would it be so hard for them to mention that these tweets are still in force or they have been cancelled or give some sort of update? Would there be a legal reason why they couldn't say something?
I signed up myself and suggested that the shareholders be allowed to participate. No answer.
HI STEP-
I think very sound advice and reflections. But I will add my two cents, undoubtedly not as well put as yours.
I have a lot invested here and I don't think it would be wise to sell. While I haven't lost faith in the company, I have lost faith in their understanding of communication protocol. You could say- elementary knowledge of customer service. The reason for that is that they could have cued us that something is up and various specific elements they have communicated (clerical items, amazing day, beta PR after clerical one, etc) have been changed. Most everyone here knows that certain things need to be secret.
In my last email to them, I told them they could create a certain bonding and trust by highly discreet social networking, etc.- but they said their legal team wanted them to stick with PRs and they didn't want to have them vet anything else. That could have been for financial reasons- or for something substantially more important- being careful not to disrupt legalities or regs in the case they are doing something special.
I would have understood that and so would everyone else- and there wouldn't be that "waiting room" anxiety here
Still, I think your attitude is much healthier than what I am seeing here. Speculation- and disparaging comments- which only feed anxiety and insecurity.
Socrates was told via a friend that the Oracle of Delphi had called him the Wisest Man in Athens. So, thinking that the Oracle was somewhat off-base, he interviewed a scientist, an artist and a politician (I believe) only to find out the "secret" behind his wisdom: ONLY SOCRATES KNEW THAT HE DIDN'T KNOW. All these other "experts" thought they did, but they didn't.
So this brings to mind another philosopher, Ludvig Wittgenstein, who said:
WHEREOF ONE CANNOT SPEAK, THEREOF ONE MUST BE SILENT.
85% this month
Nice assessment.
Nothing much to do. No real information.
WOW!!! That's a bit troubling.