Replies to post #1732 on Viscount Systems (VSYS)

[stashocash]

I hope to get through during the phone-a-moron segment later today. I have a 100% sure fire way to save $175,000

[prn]

They need $1,500,000 but according to the Viscount Systems Reports Fourth Quarter and Full Year 2014 Results they spent that much on themselves. It appears that after the CEO change, there has been no attempt to control costs vs sales.


"Loss before other items for the year ended December 31, 2014 was $4,069,977 as compared to a loss before other items of $974,515 for the year ended December 31, 2013, an increased loss of $3,095,462. Included in the net loss for the year ended December 31, 2014 was a non-cash compensation expense of $1,519,950 for the issuance by Viscount of warrants and stock options to board members, management and staff."