I’ve been watching VCPS for months and finally decided to hop in once it went to no bid. It’s a cheap lotto for major upside (minus the chance of a possible RS).
That one day we had with 200m+ volume could’ve possibly been some front loading in anticipation of something big coming IMO. With lotto plays, you don’t suddenly get big block buys of 60m and 20m! Those shares were quickly swallowed up and forgotten about as soon as the diluters and various MMs came in and stacked the ask up. Ever since then, it’s been the same games.. totally discouraging any buying. The company and note holders need to get paid, so there’s no reason why they should resort to these ask-stacking tactics. In the OTC the game is usually to release fluff news, dilute their stock to kingdom come, RS, etc., rinse and repeat.
Look up CH$T (replace $ with ‘i’), and you’ll see the same thing was happening. Of course, they didn’t wait as long at .0001 before raising up from the ashes. But CH$T had the same major drop in PPS, and was playing similar ask-stacking games while sitting at no bid.
Sorry about the long post. This is just my 2 cents. I think the lotto play here is worth finding out at least IMO. I wouldn’t blame anyone from staying far away from here since a lot of money has been lost in the past with this scam. GLTA and hoping for the best!
$VCPS
