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VeronicaFox

10/16/19 2:39 PM

#6843 RE: Brando1975 #6840

Excellent questions, Brando. Can’t wait to see those questions answered.

excelsiorvision

10/16/19 2:51 PM

#6844 RE: Brando1975 #6840

Because they have future plans for the company.

See this: https://www.shopversona.com/info/welcome-cache-customers

ShopVersona.com gets about 70K uniques daily.

See this: https://www.similarweb.com/website/shopversona.com

I'd imagine they're still restructuring the company and would be raising private funding to fuel growth. Keeping a clean shell here can help the company retain public status, raise funds through the stock, OR use the NOLs, the ecommerce site and their several brick and morter locations to reverse merger OR get acquired by a bigger retailer too.

Several options at play here. Updated filings, clean shell, no insider sells, and lots of NOLs makes this stock worth a lot as is with new direction, an RM, or acquisition.

They must be doing okay since they're hiring for a lot of positions too.

See this: http://info.shopversona.com/careers/

facts.