Velatel has a venture debt to iron ridge. Your buy price is way low right now that is your problem. For the last two weeks we have been paying .0005 to .0007 for shares. The price has been increasing slowly some believe the MMs are shorting others believe there is a pump coming. If you are a serious buyer and like risk you should have them put in for a bid at .0006 to .0007 right now. The MMs will not let you get a steal at .0004. Some of us have been in communication with George (CEO) who shares the company is still running but he has been radio silent on news for two years now. Many feel he is waiting for a verdict on IRONRIDGES laws suit which has been pending for a while. Once the verdict is released then he will release the data. At that point it will be a sink or swim moment for velatel.
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