Tuesday, June 06, 2017 3:50:52 PM
What I do know is investing. Slowjab you are looking at the purchase backwards. By buying the shares of VTPI, the private company - XCPCNL Business Services Corporation - is now a publicly traded company! A very smart inexpensive move to take a company public.
I owned many share of VTPI pre reverse split. I held them thru the split. Look at the charts for the last month. When every one was selling at 7 cents on the pre split surge, that was $7.00 per share post split! The stock in post split share price traded for months on end at $2.00 per share! I have owned shares of VTPI for 12 years. It was not a functioning company for the last 5 years or so.
The average price for the last 6 months has been more than $2.00. With the shares I've had for 12 years & the share I bought this morning at .70 cents; I now own 2% of VTPI :) That .70 cents a share was a bargain price. By next week the stock will be back to it's normal $2.00 + per share. Look at the real charts at one of the major online brokers. It peaked at more than $7.00 share just a week or 2 ago. The 52 week high listed on investors hub is incorrect. The math of the split proves it.
And yes, it was a sub penny stock for years before the split.
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