Value of the enterprise. There's been much talk about how valuable of a company this is and that it's unbelievable that it's selling for such a "low" value in light of the "progress" that is being made. Everyone is an adult on this forum, at least physically, and should be experienced in life's basic lessons. Particularly, market always finds its equilibrium. Generally, it is not possible to get something that is REALLY undervalued for a very long time. People are smart, and especially investors, (most investors). If something's of worth, value is bid up to it's true worth. When something is not worth a whole lot, those holding interest in the venture will do everything possible to liquidate their positions with the least amount of damage. As such, VGID's IPO price was $1.50 per share or so as of March 1, 2014. Today the price is $0.0013 per share. Effectively, the enterprise is worthless and bankrupt. The fact that the doors haven't closed yet, is the fact that for a while it is subsidized by the majority stakeholder's sale of the initial proceeds. Real investors don't have faith in it, and only "believers" try to get their $0.0001 so call swing profit out of it. Value in the enterprise fell 99.99999% from the perceived or advertised value at IPO. In the real world all the management would have been fired if not put to jail for misleading investors. The only thing that saves current management is the fact that regulating bodies do not have neither time, interest, nor resources to deal with petty, though nonetheless, fraudulent operators.
