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Re: icarus6700 post# 1071

Tuesday, 02/12/2013 11:01:34 AM

Tuesday, February 12, 2013 11:01:34 AM

Post# of 1302
According to VRS public filings,PLEASE DO NOT TAKE ANYONE'S WORD FOR IT AND CHECK FOR YOURSELF, VRS has spent exactly ZERO dollars on R&D in the last 6 quarters and the quarter before that the number was around $6,000.00. In the same period they spent $700,000 on promotion to artificially inflate their shre price. They have hired two more promo firms in the last month wihich will bring the total spenf on promo close to a million. All other money is spent on inflated salaries, stock based compensation, travel, office etc. NO R&D, NO PRODUCT MARKETING.