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Thursday, August 14, 2008 11:58:10 AM
50M A/S, approx. 20M O/S, 54.5% of the O/S owned by BARRY K. FINGERHUT-leaving a float of only apprx. 10M!-http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5799341
VCMP-recently filed 15-12g(often a preliminary step for a reverse merger):http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5990877
how do we know they're working on a reverse merger?
VCMP entered into a definitive agreement for the services of ALTAMONT PARTNERS:http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5655611
who is altamont partners?
Catuity, Inc. named John Racine to President, Chief Executive Officer and Director. Racine has 14 years' experience in the financial services and payments industries. He founded Altamont Partners in 1997 and has advised many payments organizations in North America and Europe about strategic and merger related issues. Prior to Altamont Partners, he served as a principal at SNL Financial, a merger and financial analytics provider for the financial services industry.
VCMP was formerly traded on the NASDAQ. a fully reporting company with a current (.002) market cap of only $40k. a fully reporting shell stock is generally valued between (conservatively) $200k to upwards of $1m-that puts VCMP at a price of between .01-.05. 20M O/S X .01= $200K- can you say UNDERVALUED?????
ok, woop-de-doo-another shell stock-but wait, there's more:
who is BARRY K. FINGERHUT?
http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=288459
http://dev.g3ict.com/design/js/tinymce/filemanager/userfiles/File/Proceedings%20-%20PDFs/A_Barry_FingerhutNY.pdf
when you add up all the things going on,looks like a very interesting scenario here-imo
NOT A BUY OR SELL RECOMMENDATION
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