Value Microcaps Zip Code Changers

[Potse]

VKIN(.42)...investor relations firm hired.....

Added a few shares to my position today and Friday, just in case both an anticipated management change and private placement (at a nearly 100% premium) are completed and confirmed sometime in the near future (hopefully within the next week or two). High risk situation because the company allowed Asher Enterprise to convert much of its debt, but there have been periods of very unusual/strong buying interest in this stock ever since a change-in-control agreement was announced back in March.

The quarterly report filed last week mentioned that the change-in-control was expected to be completed on May 15 (Thursday). The last press release issued by VKIN stated that the private placement was expected to be completed sometime around May 23 (this Friday)......

I picked up a few more shares of VKIN today. It looks like Renmark Financial Communications (Canada-based IR firm) added VKIN to its client list sometime around Wednesday (2 days ago).

So I figure there is probably a decent chance that the corporate activity/events I mentioned in the above post will occur. Now that Renmark has been hired, I would assume there will be an increased level of news flow, corporate presentations, etc going forward. All things considered, the risk/reward at prices under the 50-cent private placement looks reasonably intriguing to me.

http://www.renmarkfinancial.com/en/Clients/IR?quicktabs_2=6#quicktabs-2