VODG(.135)...corporate activity expected to increase.....
I'm expecting to see a significant increase in corporate activity and a more robust approach to investor relations at VODG following a successful closing on the proposed $1.7 million financing. As per the recent press release and 8-K filing, the company should regain SEC compliance and there will be changes/additions to management and the Board of Directors.
The person/entity that is providing the $1.7M financing is prepared (if necessary) to loan/invest an additional $6.6M in VODG. But with a new CFO expected to officially come on board, I wouldn't be surprised if VODG starts attracting additional financing(s) from third parties.
It appears the proposed activity/transactions outlined in the release/filing have been under development for at least 8+ months, since the VODG CEO registered the website for the company's new subsidiary (Halo Cell Sciences) back in August 2016. The website came online last week with the "Website Coming Soon" sign.....
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