VistaGen Therapeutics Inc (VTGN)

[RealWorld1]

VSTA has mixed compliance with deadlines

So I agree expect an 8-K at the last minute delaying the 10-Q. They have a lot to explain, like why are they still in business at this point in time and how are they handling BGMO's default?

Also, I wonder what their lawyer's will advise them to say about BGMO now that it is suspended.

Barring an angel descending on them they are effectively a dead company. Maybe there is some IP buried in their but I just don't see them raising any fresh capital given the lack of any result for the millions they have already spent. You know your prospects are declining when you are reduced to having a poster at a major industry convention.

I wonder if they even have any actual employees as they haven't had the money to pay bills for most of this year.

Also, when your chat room is reduced to tangential posts from the BGMO chat room and repeatedly posting the same boilerplate from the company's website and there are no shareholders arguing in favor of the stock and haven't been for weeks its a pretty bad sign.

This stock seems way overdue for a major price correction downwards.