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Re: mike71394 post# 6444

Saturday, 04/24/2010 11:59:19 PM

Saturday, April 24, 2010 11:59:19 PM

Post# of 11598
I don't think the restricted shares of VRED will become tradable in 2010, if at all. VRED is indeed sinking toward worthlessness and seems to be headed below .001. Seems like bankruptcy is looming large for Virtual Ed. Link. Viyya seems to be doing better and we should know something in May one way or another. Where is the Empire Report John promised in early April? More delays, more delays.

There was a lot of discussion about a 100 to 1 reverse split and the desire to make VRED a $5 stock so that institutions could buy it. Ha! Looks like that reverse split is not going to happen. Too bad, as the idea sounded goof to me to increase shareholder value by greatly reducing the number of shares. As it is though, the only thing being reduced is the value of my freetrading shares that no one is buying.

John has to begin looking outside of the school markets as budgets for schools are in crisis all over the country. Maybe he's just too busy signing Viyya deals to do anything with VRED right now. Yeah, that must be it. LOL.