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Monday, May 04, 2015 2:25:56 AM
Now they have no money after blowing another $2M and have to do a 3 cent financing and no IR money to get the thing up a bit first. I doubt they have much cash left after selling their receivables so whatever they come up with will be BAD for all of us.
As a somewhat sophisticated investor in OTC stocks I learned something a long time ago. Many more people read these boards than post but the health of a stock can be indicated by the number of posters and postings. Posters tend to be new investors (like Boogins last year), fans and foes, and for dead stocks the hangers on.
VSYS is not a dead company but it is a dead stock and basically has a few hangers on. I know of stocks that are trading at way better valuations that don't have half the story of Viscount and all of them average 20-30 postings/day and trading at dollar volumes of 5-10X vsys.
I've harped about this since last year but VSYS had an incredible opportunity to get the word out last year with their contracts, approvals, patents etc. and the CEO totally blew it.
It's all very pathetic.
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