Saturday, December 22, 2012 8:45:48 AM
Who bought the other shares at much higher prices? Don't forget, VSPC bought millions of VGREF shares at $3 with VSPC shares. Now Chang owns both. GREAT JOB KARL!
There is far likely to be more interest in penny land, as I have previously posted. Of course Chang will need some good news and a good stock promoter.
Besides, VGREF is more of a biomass company than VSPC. The framed art revenues generated over the last few years were lied about by Karl to suggest they were a growing clean energy company.
My point wasn't to defend Chang. I simply asked what Karl was doing to make VSPC a success? Toxic financing is a huge red flag, yet VGREF is using funds to expand Grassland. Maybe Chang should fill out an application with Deloitte.
VSPC has a history of trading below the 50 day MA. Does this look like 2600% growth to you?
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