No expense. He doesn't even spend money on PRs. He probably does the taxes himself because they are so simple (no business income). I speculate that the guy has given up on this venture, and he has turned his attention elsewhere. I only have 75K shares left in this POS.
First as of the last 10Q VLDI was only $59 cash on hand.
Second he has been surviving by not pay bills and issuing increasing amounts of promissory notes. In The last qtr. alone they issued over $130K in promissory notes.
Third he can't survive without some kind of financial restructuring either an increase in authorized shares or a R/S in the long run.
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