Lets look at where we are here:
I am as frustrated as anybody here but lets not start arguing with each other, this board has always been a positive one but is beginning to get very negative. If we are to express anger with anyone than Joe Wade and Tom Olmstead are the culprits.
I am still reeling from Wades explanation that he was too busy to pay attention to VTXB because he was working on NATE'S issues. And Tom got time to post info on his finish in several tennis tournaments and not pay attention to business of getting VTXB off the ground and into the company it could be.
Here is what I think has gone on:
The company never got the $500000 it purported to get back in May and put the Company in the whole. Wade realizes that Tom has a great idea and wants to make the company a public reporting company. Due to the low float, investors jump in and the price of shares rises to .03. With limited sales, lack of pro endorsement, no real financial backing, the stock falls with no progress from the company and SEC questions. Any company wanting to go public needs to provide financials from previous quarters as well as up to date (remember in the form 10 they filed they mention the cost involved is preparing financials-why mention this if not concerns over the flow of capital)
Wade says he will meet with Tom and talk about pulling Form 10 and putting out updates. They pull form 10 and that is the only update. Lori is called and makes a comment that does not make sense or helps anybody. (I talked to her several months ago and she was very guarded about info but did say that she was in charge of sales and they were selling all over the US and sales were growing, but would not tell me if they opened stores/distributers in other states so no info could be discerned from her as to be inside information).
What we know/believe:
-Share structure is optimal for investors.
-Product is real and an excellent product
-Wade is a successful business man involved in many types of businesses as proven by NATE'
-Stock has and can move easily and with any news we could fly.
-the company is not a pump and dump.
-Company does not issue any news for unknown reasons
Other than Lori, I have had no communication with any other company rep and they have refused to answer my calls/e-mails.
I am still holding all my shares since May of 2014 will, at this point, hold till the end. I truly hope in a reversal but believe we can only rise with news. If everybody holds their shares then the price would either remain at current levels or go up. Some are selling due to frustration, which I feel also as do others, and I wish them the best.
This is just my diatribe on a frustration I have been harboring since I got into this stock and the company took the route it did.
Company recommendations:
Tom get off the court and on the phone to get into business issues/financing
Wade help time expand and get PR's out to investors to let us know what is going on and prospects
Decide if you guys are going to make a go of this company or let it flounder
Fix/enhance/modify your contact info and put info (other than tournament finishes, and update shareholders with Q and A's.
Get financials out timely with updated share structure
Since you pull the form 10 there is no excuse for not updating us
I am finished-thanks for listening
