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Re: tommy 9 fingers post# 2881

Tuesday, 10/13/2009 11:30:22 AM

Tuesday, October 13, 2009 11:30:22 AM

Post# of 31561
Tommy, I think it would be a great thing in Chang accepted stock. Much better in my opinion than some other toxic financing or bank debt. Cnang is a long term partner. This has been proven by his willingness to lock in VSPC shares for many years. He owns over 200M shares and has agreed to sell no more than 35M a year. This is a 6 year commitment. This not typical OTCBB stuff.

I personally don't have any issue with the O/S ending up around 1B. At today's PPS that would put the total market cap at $30M. I believe based on my valuation model that VGE alone will have sales far in excess of that number in 2010. This does not factor in any of the other VSPC business units.

A contract with DO which I believe will be in excess of $100M will change the game here completely.

later
BigD