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Re: fishersgal post# 12499

Thursday, 06/13/2019 7:28:21 PM

Thursday, June 13, 2019 7:28:21 PM

Post# of 23619
Thanks. I live in IL so I was happy when the Blackhawks won back then too when STL didn't make it that far. But I'm a bigger Blues fan because the STL area has been my stomping grounds most of my life.

But regarding VIBI, I'm glad we're both in it to win it! I'm off to a rocky start though, down a tad over 50% with my current positions. But I feel pretty confident I'll be ale to sell at a profit in the future, especially if I can get my average cost down closer to 0003. It's why I'm hoping to pick up some trip 2s.

This is my second attempt to sell VIBI at a profit. I bought my first position in VIBI at .0022 on 3/27/19 on sold it all 7 days later at .0049. Was hoping to repeat the good fortune (greed got the best of me) so I parlayed the proceeds of that sale and bought back in about 2 weeks later at 002. But since then the price has only gone south... WAY down south! That's usually my luck though after I go all in with a ticker. I've been averaging my cost down from 002 along the way but really sliced my fingers up trying to catch this falling knife!

So now instead of a "quick" profit, I'm just hoping for a profit regardless of the time it takes (but a long term hold was not my original intention). The rate of rapid dilution has slowed, but there will be another round of it when their next toxic note becomes due next month (or I believe it's next month, will need to double check that).

I still think Vilacto Bio is a real company with potential though. In my opinion, their patent alone is worth much more than VIBI's entire current market cap. Obviously the rest of the market doesn't agree with me. But I'm thinking outside of the box. My thesis is that if VIBI doesn't have the financial resources to capitalize on their patent, that a suitor of deeper pockets will. And any news of a buyout could send the share price up exponentially. With that in mind, I'm comfortable holding this longer than originally anticipated.

Best of luck to you and everyone else who holds shares of this company!

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