Alterras Systems Inc (fka ASIUQ)

[Memdicht]

Three key personnel at Valcent EU RESIGNED mid 2010. They were not fired by Valcent. Recent redundancies were initiated by Valcent for reasons only known by the Valcent management and the individuals concerned.

People close to the vertical growing industry know exactly why these events happened so there is no need for speculation.

This is a small industry worldwide and people freely exchange information about systems and the key players all know each other.

Serious questions need to be asked to the Valcent management to confirm the real status of the business to concerned shareholders. What is happening with the project for the "major UK food producer"? Or any progress with the sale of a system? Surely there must be something to report that could give confidence? Or maybe not.

Perhaps it is now game over at the Valcent ballpark and time to cut losses and move on?