Viratech Corp. (VIRA)

[themuppitman]

I agree. With the impending RS I think its time to piss or get off the pot for people. I will give even more detailed facts than you gave:

Positives

-Company is way undervalued compared to the value of SIIR alone (already paid for)
-Never Submit (will be paid for with convertible restricted shares).
-Management cant sell shares till May AND had no plans to do so. They plan to sell convertible restricted shares instead.
-Whiskers is being paid for by MLMD which is owned majority by IPRE
-Restrictions will be lifted after RS
-New people will be interested after RS
-Outstanding shares will be much smaller after RS
-The stock will be held by more longs after the RS
-The company has proven that it has finished a couple of projects and got them to market and we know that SIIR is a real project from multiple evidence including the trailer and all the pictures from the set.
-Never Submit could be a big hit and has been garnering a lot of attention.
-The stock was at an all time high when its first movie was released. With the press and attention given to releases when NS and SIIR are ready for market the stock could run

Negatives

-The RS is coming and little or no interest until then. The price could drop. It’s hard to tell how much has already been factored in by the market.
-Earliest sales from SIIR are probably next spring. Probably summer or later for NS
-Those who have been waiting a long time will be pulling their hair out for all of the time they have to wait.
-if you want out before the RS now is the time to go

Conclusion:

-If you were a flipper who got your nuts caught in the door, you are going to have to wait a LONG TIME before you could even think about recouping your money. If that is your plan you should keep your mouth shut for everyone else that wants to make money from this. If you cant wait till at least next spring to break even or profit you shouldn’t even think about holding this stock. If you do then you have no one to blame but yourselves. The company itself has said SIIR not being in the festivals to Sundance… It could sell then or it could take even more time. Don’t let the pumpers fool you into thinking this is going to run anytime soon.

I bet most of the people here are sick of all the bitching and daily pity party. If you think this is a scam SELL and save yourself the hassle of going through the RS. It’s not for the faint of heart. IF you want to hold on long then stop blaming everyone else and take responsibility for your own buying and selling decisions. Externalizing your failures is not going to fix the situation.

TMM