Virtual Ed Link Inc (VRED)

[marks37]

According to the company's filing with pinksheets.com towards the end of June, the company had no assets as at December 31, 2007 and liabilities of approximately a quarter of a million dollars. The burn rate is stated at approximately $75,000. per month and the source of funds is anticipated to be the sale of company stock until such time as the company becomes profitable. Sales of stock to raise $75,000 per month would cause significant dilution at current prices.

The financial statements posted are NOT AUDITED and are NOT IN COMPLIANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES and accordingly cannot be relied upon.


Bulls and Bears prosper, Pigs get slaughtered.