VASO - That's what I've been trying to figure out half the morning. After reading through the filings, I still don't understand what the VASO shareholders will receive (exchange rate) in this merger. The fact that the new company will be trading on Nasdaq is a big plus, though, for sure. Liberation from the pinksheets! I bought some this morning at 29 cents.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.