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Tuesday, December 22, 2015 1:34:21 PM
They are maintaining "strict radio silence" until whatever gag order has been placed on them has been lifted. Happens all the time in legal proceedings. Amilya Anotonetti had mentioned in her video blog that she was doing things "by the book" concerning what was obviously a company that she is involved with. Another possibility on the lack of a response to the SEC filing is that it would be more advantageous to the company if news were withheld until 2016.
VGTL is settling down from the weekend speculation and yesterday's drop and pop. Most who were commenting on a stock halt or suspension have piped down for the most part today. Obviously, the stock is still trading and a trip to the SEC webpage and a search of Vgtel reveals no action against Vgtel, only a litigation filed against the former controlling interest in Vgtel, Mr. Durante.
So, once whatever legal restriction on reporting company information is lifted, which will more than likely be in January, we'll be in a better postion to see what, if any progress has been made in restarting the company as per Ms. Antonetti's statements in the last 8-K.
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