Tuesday, June 21, 2016 8:45:02 AM
Yes of course the stock has been hammered, to the extent that, if there are now 90 million issued common shares (allowing for some recent dilution that we haven't even read about yet, given how we didn't read until June about the dilution in May), the company is being valued at something like only $540,000. To me, that sounds a lot like the end has actually arrived.
It wouldn't be too much longer until Typenex would own more shares than the Winther extended family circle - in other words, Typenex would have working control over VHUB. I'm assuming for the moment that it wouldn't make a lot of sense for Typenex just to be selling cheap shares into the market, as the company would actually be profitable, or damn near close, without the burden of interest costs. ...meaning that Typenex will recoup more of its loans to VHUB if VHUB either actually remains a functioning enterprise or alternatively if it can be sold in a bidding process, assuming that its products really are unique in the marketplace.
As another scenario, what's to keep the Winthers from substituting their own additional loans to the company to take the place of Typenex debt, presuming that they think that the company is actually a viable commercial enterprise?
I just think that there's more to the VHUB story than we know right now - not that I'm "arguing with the ticker," which is always a failing proposition.
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