Monday, September 02, 2019 12:13:03 PM
I work in investor relations for a private investment company (a different situation of course, but there are parallels), and I wouldn't want anyone taking on such initiatives on our behalf--since PR strategy is so carefully conceived and executed on a very specific timeline. It's great when there's a social media presence, which can show grassroots support, but paying for stock promotion is a different thing. I understand this would just be re-posting VRUS's own PR, but it's not like they can't scrape together $400 if they want to--the company has a $60MM market cap, excellent financing, and a lot of wiggle room in the AS if they ever need to pay for something. They're aware that the iHub wire exists and yet have decided not to pursue it at this time--I feel like they must have their reasons. If we trust the company to deliver on its forward looking statements/goals, I think we can trust the company to do its on PR and make its own PR-related business decisions.
All that said, I do appreciate the idea and I do understand the benefits as stated. I agree there's not *necessarily* a downside (unless you're still loading shares--I got my 250K shares already which I'm content with), but there might be unintended side-effects owning to VRUS's long-term PR strategy, of which we don't know anything, or due to guilt-by-association with the assorted riff-raff paying for PRs on the iHub wire.
IMO, it's nice and peaceful in the VRUS world, the stock is recovering very well from the recent dip, and there's endless great news ahead. Personally I'm content to let VRUS keep on truckin' at its own pace. I'm not strongly opposed to this plan for the iHub wire, but I think it's worth considering the above factors.
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