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Re: stockautonomy post# 34982

Wednesday, 02/19/2014 12:16:13 AM

Wednesday, February 19, 2014 12:16:13 AM

Post# of 37364
Versalign has had on-going winning bids for the University of Delaware for a few years running now. They've also supplied the police force with work inside of police cruisers a couple of years ago..... if I remember correctly... it was 2011 where they had 1+ million in revenue (the last yearly revenue totals I was able to find)....if you search hard enough you can find month by month revenue for Versalign for the U of Delaware and track their income for the past few years (online excel spreadsheet/database).

Between 2-5 years previous there was different attempts to spread into different markets via rental buildings in New Jersey, takeover of another IT company, new hotel building, etc....(must look into the RELM structure as there are multiple arms from the main branch).

As of last publicly known info, yes RELM owned 76% shares of Versalign.

Also of note, look into Marc Greenberg's history as a CEO/Startup guy....impressive.

There is also a link to another penny stock which I'm sure some will be posting about here shortly....it seems RELM management is/was revamping that company.....old company execs in the other company, etc, etc....I'm sure we'll hear some negativity on that shortly....but the numbers don't lie for Versalign (search multiple branches too)...if you can find them lol....info here is only by extensive DD, as the company has remained relatively silent for quite some time.

On a personal note, from trading this for 4+ years now, my opinion is that the float may be partially held by insiders (previous CEO was paid in shares at one point)....hence the easy movement in PPS.

This one has flew under the radar for a long time.

Cheers,

Nate