Savvy Trades and Investments

[rocketeer357]

VASO

CC takeaways for me:

1. Net Wolves was a timely acquisition as the equipment segment is stagnant at best. Without Net Wolves, VASO would be foundering.

2. IR and company updates continue to suck. The responses to the questions about more info from the company were weak. Really weak.

3. Backlog is decent at 18.4 million

4. NOLs strong as well at 38 million

5. No money spent on R&D, meaning what you see is what you get

I was surprised there were no questions about up-listing or a plan for growth in the international markets, specifically China.

While CEO Jun Ma did mumble something about a the company entering a relationship with an IR firm to unlock shareholder value, there were no details provided. Sort of like the last CC. You could definitely hear the frustration in the questions about the lack of action on the part of the company in that regard.

Considering the decent fins the company has built, sitting in a channel between .165 and .18 from Q to Q is a poor reflection of management.

See you in 3 months. Yawn.