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Alias Born 09/30/2022

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Tuesday, 10/04/2022 1:19:27 AM

Tuesday, October 04, 2022 1:19:27 AM

Post# of 11950
As I recall, Now Solutions was bringing in around $4M in revenue when VCSY was delisted. I assume it's still an operating business. Where is that money going now? Why is it taking so long to get an audit done? They said last December 2nd that the stock could be re-listed after an audit.
"Settlement with the SEC. Under severe penalty which would have deregistered VCSY with the SEC and prevented VCSY from ever trading again, we filed the necessary interim SEC filings that were delinquent to keep VCSY trading through 2020. At the same time, the VCSY BOD/team utilized external legal counsel to negotiate settlement with the SEC that resulted in VCSY having the ability to return to trading once the necessary audits are in place by an outside auditor.

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