Rinse and repeat is an idiom that simply means doing the same thing over and over again. It can be applied to various situations but in the life cycle of a penny stock it means when one reaches the end of the road and they can't sucker in any new investors, it is time to start over again with either or a new company, a name change, symbol change, and/or new management.
In VLDI's case it has been amazing that in over 20 years they haven't had at least one rinse and repeat. VLDI appears to have avoid it via all the convertibles, which if all were exercised would take the common share count way over the authorized amount. VLDI is approaching the end of its road unless it miraculously finds some cash flow from either a customer, client, financing, or any other viable means to survive, which I believe is highly doubtful.
"Sarcasm is the last refuge of the weak mind". (Dostoyevsky) and "The important thing is not to stop questioning. Question everything" (Albert Einstein)
