Visual Management Systems, Inc. (fka VMSYQ)

[lattitdude67]

of course the CEO doesnt plan on cancelling shares... they probably have shares that were given to them for satisfaction on work done for VMSYQ etc... unfortunately the minute you hit BK court your decision making days are over... now its all up to a judge to decide if A>L then unsecured creditors i.e. shareholders are in the money L>A secured creditors take a haircut sometimes big and sometimes not so big depending on the financial health of the company but in the second way L>A shareholders are toast...last i saw liabilities over 11 million assets 200,000... short term momentum play maybe... hanging around for a judge to decide the fate... deadly... since the economic meltdown of 2008 how many BK's have made it thru w/ shares intact you can count 'em on one hand and w/ such a disparaging gap between assets & liabilities i think we know who wins out here... dont get me wrong if i see money coming in to this thing i will ride it for an hour or a day whatever it takes to make some $$ but i certainly wont be here when the hammer drops... good nite all