Friday, April 22, 2011 10:03:50 PM
Show me where I wrote one false statement
The PE with unaudited financials is not a fact. You are the one making a false statement. Moreover if the audit reveals that the value attributed to intellectual property is overstated (as some here suggest), then you're also making a false statement that the company is in the black.
Additionally comments from you regarding forward splits, uplisting, auditing, are all forward looking statements. None of those are "facts". None have occurred. None may occur. If an audit had already occurred, prior to an r/s proxy, than any forward looking statement alluding to a future uplisting would be more credible since the audit would be "fact" since it had already taken place.
You have faith, not facts.
Post RS, the company will also be better positioned to go private . That is not a false statement. Going private (via a buyout) is also another viable business option open to VTSI's management. During the CC, Ferris specifically didn't rule that option out. He noted, at the time of the call, that "at this time" the company is not in conversations with any one. Though other proxy items could be construed as being consistent with this objective since a reduction in majorities, and directors, makes any future proxies easier to pass.
So regarding my statements; I don't claim any to be a "fact" anyway whatsoever. There are a number of other possible scenario that may or may not occur. As an investor, you have to look at all possible scenarios. Personally, if a company states an objective like uplisting, I'd rather see a course of action consistent with that action before more drastic measures like a 1 to 100 r/s are pursued.
So are you 14 years old? Can you not engage in a conversation without calling others names? If some one doesn't accept your point of view, do they have to have ulterior motives? Guess you're not married, or then again, may be you are LOL
Signing off for tonight
The PE with unaudited financials is not a fact. You are the one making a false statement. Moreover if the audit reveals that the value attributed to intellectual property is overstated (as some here suggest), then you're also making a false statement that the company is in the black.
Additionally comments from you regarding forward splits, uplisting, auditing, are all forward looking statements. None of those are "facts". None have occurred. None may occur. If an audit had already occurred, prior to an r/s proxy, than any forward looking statement alluding to a future uplisting would be more credible since the audit would be "fact" since it had already taken place.
You have faith, not facts.
Post RS, the company will also be better positioned to go private . That is not a false statement. Going private (via a buyout) is also another viable business option open to VTSI's management. During the CC, Ferris specifically didn't rule that option out. He noted, at the time of the call, that "at this time" the company is not in conversations with any one. Though other proxy items could be construed as being consistent with this objective since a reduction in majorities, and directors, makes any future proxies easier to pass.
So regarding my statements; I don't claim any to be a "fact" anyway whatsoever. There are a number of other possible scenario that may or may not occur. As an investor, you have to look at all possible scenarios. Personally, if a company states an objective like uplisting, I'd rather see a course of action consistent with that action before more drastic measures like a 1 to 100 r/s are pursued.
So are you 14 years old? Can you not engage in a conversation without calling others names? If some one doesn't accept your point of view, do they have to have ulterior motives? Guess you're not married, or then again, may be you are LOL
Signing off for tonight
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