Visium Technologies Inc (VISM): The Company paid off the toxic notes - t...

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Visium Technologies Inc (VISM)

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Re: elkonig post# 63930

Thursday, 10/29/2020 1:58:45 PM

Thursday, October 29, 2020 1:58:45 PM

The Company paid off the toxic notes - there are additional convertible notes that are NOT toxic and these are significantly out of the money and pose no risk of conversion/dilution - these notes are YEARS old - the management took out the recent toxic notes that were held by institutional investors (Auctus and FirstFire) who are SOB's at diluting the hell out of the companies they invest in....

The GOOD NEWS? They're GONE!! There is NO reason to be selling at these levels - the Company has turned a significant corner and is in the early stages of a huge success story. IMHO

The R/S was a needed step to get the O/S share count to a decent level and get the share price to a level that is more appealing to most investors - I would not be surprised if they uplist to the QB... they are NOT going to take on any new toxic debt -

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