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Re: moola26 post# 18906

Tuesday, 11/03/2015 12:08:22 PM

Tuesday, November 03, 2015 12:08:22 PM

Post# of 51078
We all need to be realistic about VGTL. With the audit complete either last week or this week, management will have to take the time to analyze the report. The financial condition of VGTL was in question prompting the hiring of business giant Amilya Antonetti in the first place. VGTel had a great product but no effective business plan to successfully exploit it. Now they do. And Ms. Antonetti had to figure out before accepting the job as interim CEO whether it was a viable business that could be saved and become successful, or whether it was not worth risking getting involved in. More than VGTL is involved here. Ms. Antonetti is known for her ability as an entrepreneur and business turn-around guru and it is her reputation, her name, that she values more than anything else.

We know that VGTel had been mismanaged and had no real income with the filing of the last 10Q back in February. The latest 8K that Ms. Antonetti filed at the end of September confirmed the financial challenges they faced. However, it also stated that they now had a firm business plan and they were in the process of acquiring the financing to restart the company.

Now, if you're a successful financier and investor in the business world and Amilya Antonetti came to you for financing (and maybe your initials just happen to be O.W., a personal friend and fellow businesswoman) with a company with a proven blockbuster 4K conversion technology for converting 35 and 70mm films and video to 4K AND WITH A FRESHLY AUDITED 10Q SEC FILING, and a concrete business plan, what would you do?

You'd do what all of you who post on this site have already done and are trying to do. You invest in it. The longs already have their shares, the bashers want more for the same reason, they just use a negative tack to get them. This cake mix has all of the right ingredients and has just been put into the oven.

Look at the direction the stock went on the other businesses that Amilya Antonetti has been involved with and look at her highly successful startups (read VGTel "restart") and you'll be glad thet you're here.