InvestorsHub Logo
Post# of 252525
Next 10
Followers 15
Posts 1749
Boards Moderated 0
Alias Born 08/12/2007

Re: None

Monday, 08/30/2010 5:38:29 PM

Monday, August 30, 2010 5:38:29 PM

Post# of 252525
VRUS $150,000,000 mixed shelf?????



The reasons behind this are open for speculation. I guess this is the third time in 6 months they are looking to raise money. As a bull I like to think it's a defensive move against a hostile takeover. They have $140,000,000 in cash on hand going into the offering so there are no immediate funding issues.



http://files.shareholder.com/downloads/VRUS/1001246220x0xS1193125-10-200593/1301081/1193125-10-200593.pdf


“I am a big believer in giving it all away and have always said that the best financial planning ends with bouncing the check to the undertaker.”


Mike Bloomberg

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.