Viscount Systems (VSYS)

[nynewbie]

Awesome. “2014 was a stabilizing year for Viscount,” said Dennis Raefield, President and CEO of Viscount (and no longer Chairman) Does anyone remember anything about a stabilization plan for 2014. wtf. That is the most absurd CEO statement ..ever.

Actually, Raefield "stabilized" the company to the tune of losing $4M smackaroos. omg lol. The same kind of story when he "stabilized" Mace.

They say they reported Q4 but had nothing to say about it. Possibly because sales for Q4 fell about 12% vs. 2013 and about 35% vs Q3.

What we now need is a good stabilization plan for 2015 that the doesn't include Dennis "the stabilizer" Raefield or we're toast.

PS. I posted awhile ago that he was talking with forked tongue during the Q3 call about cash. He also said during last year's agm that they would never have to raise cash again! They had $190 at year end and raised a bit more in January. Do the math ppl.