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Prudent Capitalist

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Prudent Capitalist

Re: rshops post# 29958

Friday, 03/11/2016 11:00:10 AM

Friday, March 11, 2016 11:00:10 AM

Post# of 30974
According to the filings, it appears that when Mr. Spader stepped aside as CEO the first time several years ago, there were very high accounts payable that had to have been inherited by Richard K, as well as a totally unacceptable level of uncollected aged accounts receivable.

Not to mention, VRTY shares were trading in the .30+ range when Richard K was ousted, and the stock has performed quite poorly ever since Richard K left.
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