Looking for entry into VDSC. RM DD courtesy of Rigatoni
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Monday, November 07, 2011 10:47:06 AM
Re: RIGATONI post# 194325
Post # of 194377
Spoke with Edwin Salmon...
Here's the quick DD,
1) new web site coming
2) 100% focused on shipping and cruise industry
3) name change
4) steady news flow
5)90% of shares accounted for as friendly
6) Float about 9 million
7)Previous debt conversion increased float from old pnk sheets number
8)Average shareholder cost is in between .10 - .12
9)No other debt conversions , no debentures or current dilution into the float
10) filings being completed and uplist to otcq
11) Previous financing in press, is in the form of a loan, hopeful to be completed in the near term. This is a straight loan with no stock tied into it.
12)8k in the works detailing the deal annonced today
13)Other contracts could very well be done and announced shortly