Vydrotech, Inc. (VYDR)

[Prien]

The 10Q is out and disappointing!! No news other than a report on how they are spending the Pipkin 300K (still have 190K left to spend meaning they have not built all of the units) and no other source of income.

If the newswire is correct, these guys actually took over when KPN left in early October last year.

That is six months: no new contracts or revenue from this team. I am surprised that Ronn has let them take over everything and dismiss him from his own company.

This report is very very disappointing as is the lack of news of anything substantive or positive.

Already having lost so much, I am in for the long haul but hope that new management or something comes in to knock this firm from this moribund state. Where are the shareholders?