I am only allowed 3 posts a day on the vtpi board
The posters on the board are all excited about the float being maxed out. that fact is a result of the company issueing themselves 65 million shares as pay.
Their last filing states
"We believe we will need to raise capital of approximately $300,000 to $350,000 through either debt or equity instruments to fund our operations for the next 12 months. However, we may not be successful in raising the necessary capital to fund our operations. In addition to the amounts needed to fund our operations, we will need to generate an additional $500,000 to cover our current liabilities for the next 12 months."
They have used the 100 mill auth. shares already
As of December 3, 2009, the Issuer had 30,455,187 shares of common stock issued and outstanding
Capital stock; $0.0001 par value;
100,000,000 shares authorized,
That leaves 69,544,813
They registered 65,000,000
leaves them
4,544,813
What do you guess they are gonna do
