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Friday, March 18, 2016 9:57:54 AM
The wild card at the moment is the 916,000 Typenex shares which have roughly doubled from their conversion price of just above 16 cents per share (plus the prospect of additional conversions down the road). That load of shares does constitute an overhang on the market.
...and as ever, the wait continues for the next reporting of actual quarterly gross revenues, as all the "process things" (new products, new distributors, etc.) need to translate into a resumption of the upward trend in sales as shown in a 10Q. With some increase in sales and a sharp reduction in interest expense via issuance of new common shares (hopefully at prices more than Typenex just paid), VHUB should do very well for its stockholders.
Have a great weekend!
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