It was interesting for me to try to weave a cohesive picture out of several pieces of information that we've recently learned about VHUB:
1. First we learned that the company did not have a strong third financial quarter, measured by flat sales and the footnote regarding how the Typenex financing will not be sufficient to meet the full extent of their cash needs going forward.
2. Then we learned that the company is seeking up to $5 million in EQUITY financing.
3. Then (thank you, Hostastock) we learned that the company now has an Indonesian sales presence.
4. Shortly thereafter this morning, we learned that, as expected based upon last month's experience and the rapid growth of sales in Q4 as claimed by the company, the June Typenex payment was made in cash rather than in shares. Further, the company expects to be out of the Typenex loan within eight months.
5. In the midst of all this, the stock performance has been flat this morning, at least when I began typing this post.
So this is what I am guessing is happening:
1. Despite my skepticism (which was allayed to a large extent by Sgreg's response to me a few days ago), Q4 sales may actually be showing up as double the quarterly average for the first nine months of the fiscal year. ...and that's why the Typenex payment could be made with cash instead of with shares.
2. The reason why the Typenex loan won't remain too much longer is that it will be replaced by the equity financing the company is seeking.
3. The reason why so much equity financing is being sought is that this financing will furnish the seed money to really ramp up the marketing effort outside of the USA.
4. Finally, a plausible reason why the stock price hasn't fully responded to all this good news is that potential investors are waiting to see at what price the new shares will be issued in order to reach their own conclusions as to the dilution involved (or even not)in the issuance.
I wonder what other conclusions could be drawn from the recent inputs, so thanks to any of you for taking a look at this and sharing your own conclusions. Good day, fellow posters (and Marchio, I know you've become the resident bear here, so I hope to learn your viewpoint with your reasoning for it as a discussion board with just one outlook on a stock will not be as beneficial to the posting community as a more robust setting).
