Viratech Corp. (VIRA)

[imants]

Sold all my 5175000 shares on Monday.Took loss 900 and move on somewhere else. Sentiment has much changed here from last week and negative items outweight positive ones. In nearest future PR on entering Deuville/Venice hardly will compensate PR on reverse split. Regarding SIIR it is question of some months and it is not clear in what way IPRE will sell it and what part of revenue will receive. Talks on 10-20 millions in revenue is not serious, there are huge amount of films produced , and many of them even do not reach breakeven point. Some clearance will be after festival references, but it is at least two weeks from here. I will consider to take new position if stock drop to 0.007-0.008. Anyway , good luck to current shareholders .