Viratech Corp. (VIRA)

[nawsec]

Researched and not selling my stock!

All,

My stock is down as well and no point in selling now. I did some research today and feel the company may be looking for the stock to go down in the short-term. On Mar 19 Imperia announced a stock buyback plan on open market up to $500,000 of its stock. $500,000 of stock at current price would allow them to easily buyback all of their shares. A recent dilution of the stock makes no sense at all, especially after completing $10mil in financing, trying to sell a movie and film and promote the next movie. It’s just bad business and no way of supporting and continuing your career. Another reverse split would also sink the firm.

The stock going down as low as it has, especially with the help of hecklers on stock boards, has allowed Imperia to buy up shares, then announce soon that they reduced the amount of shares, followed with the a news of the contract/sale of their movie “Say it in Russian”. This would raise the stock price up quickly to at least several cents a share, making much more money for the firm then diluting the stock ever would. Just a scenario......