InvestorsHub Logo
Followers 5
Posts 826
Boards Moderated 0
Alias Born 12/10/2009

Re: HighYieldInvestments post# 40205

Thursday, 09/05/2013 11:09:03 AM

Thursday, September 05, 2013 11:09:03 AM

Post# of 41931
When you consider that the share purchase agreement was for $ 36 million dollars and the timing was amended to later dates and then could not make those dates, the mere fact that $ 25k worth of stock was sold is not relevant.

The amount of cash does not help VSTA in rolling out their capital intensive plans.

Further, the deferred and nominal investment by BGMO makes us look incredibly weak. This situation is compounded by the representations made by HH that we have oodles of cash sitting around and yet can't complete the VSTA as agreed or even hire a CPA to complete an audit.