Vaso Corporation (VASO)

[thesmalls]

I was about 25% of the volume today. Once the spread narrowed and the BID Increased I started picking off at the ASK.

I think Ma is completely genuine on the buying. The R&R around insider buying and company buybacks is simply insane and overwhelming. He referenced me thru their legal counsel to the documentation and I never made it all the way through. It is extremely more complicated then it was 15 years ago when I last really went throught it. The company buyback isnt going to happen unless volume substantially increases. However, once that happens - it probably wont be necessary at least not to the degree now.

The personal buying is not straoghtforward either. Even a salary deferral changes dramaticallyfor a small company an insiders. Every event they are waiting on is material to this stock. They cant start or end in between events without exposure. If you heard Ma answer that question on the online presentation - it was one of the few times his voice really changed. There was a natural inflection that showed real tension. I may be reading too much into it but it is consistent with what I have read and understand. So - I do take his word for it.

If you look at where most of the volume was prior to the run to $0.74 - it was considerably higher than where we are today which is a good sign.

I also feel we are on the verge of a reversal/run (or else I wouldnt be buying aggressively). I dont see $2-3 unless there is major, major CMS changes in preferential class for angina and CHF combined with a dedicated uptick in EECP sales domestically. I can see tbis running over $1 on a very strong quarter but dont see it holding. If the volume/price rises slowly and steadily and we continue to attract long term holders - than it might hold. However, I think we will likely see another spike and drop. Really will depend on what type of voluke we see leading up to earnings.