ztect,
The point I was trying to make, is that I do not agree that the majority of future shareholders are going to be speculators. Virtra is no longer a speculation unless their fundamentals go in the tank. The other point I was making is that the PPS doesn't influence a speculator to buy or sell, their bet is based on the likelihood for profit or loss from the point of entry, and PPS is irrelevant.
I think we probably agree on several other points, but I'm betting long and you appear to be short, but considering you can't short VTSI, I assume you are looking to go short post split? If that is your position, I wouldn't even bank on the RS passing the vote, so I don’t agree with your negative stance.
We are in agreement on lousy trading volume. It stinks today at .07 and it will stink just as bad at 7.00. The only way the volume picks up IMO, is with increased visibility amongst investors and traders, which will most likely not happen without an uplisting.
I think we agree the RS proxy was rolled out poorly and 100:1 is a bigger RS than what is needed. I also agree with you that a higher share price, followed by audit and then a RS with the intent to uplist would have been the best plan to execute. IMO, they made a mistake, just like they did when they bought the property for expansion. I anticipate more mistakes in the future... This a junior management team and they are learning as they go, but they aren’t making the kind of mistakes that are going to ruin this company.
What you and I seem to disagree on is short versus long. I believe they will not only survive this mistake, but continue to flourish, due to numerous positive fundamentals that will outweigh the sloppy attempt to reduce OS. I suspect in the end we may come to understand the pressures that lead to a hasty rollout of the RS proposal. But your intent appears to be to short this stock based on a possible RS. I'm not even convinced the RS is going to pass vote, but you seem to be convinced that this companies days are numbered regardless of proxy results. That is where we disagree. GLTY.
PS: Not sure what you are talking about when you say "no matter how many words you banter about"? With all due respect, the words you banter about are very confusing. I honestly can’t tell whether you are short or a long want-to- be. You could have made a compelling argument to go short on 21 March, but considering you can’t short the stock that is futile. If the RS is approved, and that is a very big if, you could short the stock, but IMO that is a bet you will likely lose. You appear to be a basher, but I don’t understand what your winning game plan is?
