Monday, March 19, 2018 10:21:35 AM
I see VMGI lost its website for the company, and apparently could not afford to buy it back. That, in itself, shows how incompetent the CEO has been.
He also needs to find a way to increase the share authorization enough to allow conversion of the toxic notes and the over 8 billion additional common shares needed to convert the special preferred shares the CEO gave to himself and his cronie.
Investors should be concerned that he destroyed all shareholder value be giving away all those special preferred shares.
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