Friday, July 03, 2015 5:52:02 PM
Last 8-k statement, Vanis pontificated about adding shareholder value while he was diluting the common shares to almost maximum. It was double-talk, right out of the gov't playbook.
In this 8-k statement, the balance sheet is worse, the company has less cash, and Vanis now claims he's buying back shares that he diluted last quarter.
Okay,... How's he going to pay for those shares?
And why didn't he just release news after the fact? This 8-k looks like a political campaign platform, not forward looking statements.
Guys... This buyback scheme is a scam and it is rampant.
Read up boys...
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