Yes, I agree. No dilution has been a good sign for current holders of VCPS at least.
The main problem is that VCPS needs to get funding from somewhere though, and if nobody is diluting then it makes you wonder how they plan on paying off their current debt and also finding money for a new auditor. I can’t imagine management would let VCPS sit silent for that reason.
The best hope for VCPS would be that they change their direction and pursue something other than the wine app. Like you said. OR they find someone that’s interested in a RM, but they would also have to take all of VCPS’ current debt as well.
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