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jmodified

05/25/16 10:43 PM

#38289 RE: ztect #38288

"Not sure anyone really wanting to be liquid currently has a hard time selling his or her shares."

Sure they do. Suppose I want to sell a million shares tomorrow. How low will I have to go? Suppose I want to buy a million tomorrow. How high will I have to go? The difference may be 10, 20, 30, or 40% in price depending on the day. That is one reason why we always have a ton of dumping on good news - people can finally sell without waiting for days or weeks, or feeling like they got ripped off. Most companies with similar market cap don't have this problem to nearly the same extent. It's not a problem of stock price or structure, but a lack of investor/trader interest.
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fishhunter

05/25/16 10:54 PM

#38290 RE: ztect #38288

I think we are all simply going to have to wait until July to hear the plan that will be proposed. All we do know is that within the last month the CEO has mentioned improving shareholder value and improving market liquidity several times. That is truly a great thing and shows an understanding that the company is worth far more than current market cap. I think it also shows the CEO is concerned that such a low market cap (relative to company performance)leaves the company vulnerable to a hostile tender or takeover.

I do agree with you that the current share price has not seemed to be an impediment to winning contracts, orders, sales. Although none of us even know that for sure either.

Liquidity is a real issue. Look at today, less than 1/10th of 1% of outstanding shares were traded. Total dollar value of less than $30,000. That is a problem for MANY potential buyers of the stock and is reason enough not to buy shares for some investors.

I personally think talk of a RS is premature as their are many other ways to improve shareholder value and improve liquidity. Perhaps the biggest clue is the timing of the meeting. Maybe VTSI will not even exist by about November 1st? Maybe we will be voting on a takeover or merger at a valuation of $100million or so?