Vitesse Semiconductor (VTSS)

[KlausVT]

That is still a fallout from the stock options scandal. They had to re-state all their financial for several years back and could not do that in time so became delinquent in their filings hence de-listed.

But now they're back on the path to uplisting. All financials are filed correctly with the SEC, and they have cleaned up their act by focusing on their core business and minimizing cost and are on the verge to be profitable again (IMHO).

They cleared out/restructured a lot of their imminent debt and set up the share structure for a reverse split (but a good one where the A/S is scaled as well, so no more dilution) to get the share price where it needs to be for uplisting (and that reverse split option was approved in a special share holders mtg a little while ago but the company has not acted on it yet).

This should just be a matter of time to take off eventually.

Disclosure: Long and strong