Replies to post #2280 on Vitro Diagnostics Inc. (fka VODG)

[JonesBur]

Always interesting to read posts from you, thank you for the insight.

Agree with most, but to say the 2018 results will be released soon is stretching the definition. In the past, they have provided a yearly update as soon as December, but as late as September. I also believe it will be the first half of the year, but we could both be proven wrong. By the time it does come out, it's possible all the new investors from the last year will have brought the pps back down to below .05.

AVOZ is interesting, however as you said, you can't really compare the two.

Lastly, 100% agree with the filing delinquency here. Without getting official, the pps won't see any sustained increase as nobody can believe any of their numbers.

[Potse]

Lack of filing urgency is alarming.....

One thing I definitely want to see in this press release is a detailed/positive update and commentary on the filing delinquency situation. I know this sounds like a broken record, but I can't stress enough how important this is. I'm sure I am not the only investor who will be making adjustments to my position size in the first half of 2019 if management doesn't convey a sense of urgency regarding the filing delinquency.

More than likely I will be looking to reduce my position if we see periods of strength in the stock during the coming months. The delinquency statement/commentary in the FY 2018 press release was basically just a repeat of what was said in the FY 2017 PR.

The SEC's unpredictable (and often ruthless) approach to delinquent filers poses a potential serious threat to VODG and its shareholders. All it takes is someone in the SEC to wake up in a foul mood some morning, throw a dart at a list of delinquent filers, and it could be "game over" for VODG if the company is not positioned to get all its filings done in a very limited period of time.

For whatever reason(s), management doesn't appear to be in any rush to eliminate the delinquency risk, and I find that somewhat alarming. Maybe they have a good reason not to be overly concerned about the suspension/revocation risk, but until they share that reason with the retail shareholders I'm not comfortable holding a large position deep into calendar 2019.