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Re: Rudy Gobert post# 21809

Monday, 01/25/2016 10:16:36 AM

Monday, January 25, 2016 10:16:36 AM

Post# of 51078
Can't say for sure but it had to have something to attract a CEO like Amilya Antonetti. If she exits VGTel then no, there's probably no business here worth saving. There was $0 revenue being generated for the last 9 months of 2014 according to the last 10-Q.
That's all anyone knows because VGTel is not saying or reporting anything yet. It may or may not have something to do with the investigation by the SEC although the SEC requires and usually encourages disclosure.

They might have discontinued the audit upon finding some insurmountable obstacle. But that was supposed to be completed by the end of October. They could have then probably filed a Form 15 to suspend filing but they didn't. So there probably is still something worth reporting.

There could also be some kind of company reorganization underway. They were all about 4K up until 2015 but it could be something different now.

Nobody knows so it's truly a gamble until we can get some news.