Replies to post #34294 on Viratech Corp. (VIRA)

[undervalue]

Again, with the yesterdays PR interesting here is...

1. OS share count is 20m! Fixed for 5years (from April 2008 until April 2013) because of statement in REG-D offering filed with the SEC in April 2008.

2. SIIR production company has to pay the first 1,7m USD in revenues of the feature film 'Say it in Russian' to Imperia. This is because Imperia financed most of the film costs. Also filed in the April 2008 REG-D offering.

3. IFLM is new listed on the OTC-QB since summer 2010. It will reanimate business of IMPN. Most likely it will be the trigger for IMPN.

At 20m shares outstanding the market cap is 20,000,000 * 0,001 (current bid) = 20,000 USD!!!

I can wait. This thing will wake up... and can easily fly to 2m USD market cap only with normal speculation. This would be 10cUSD or 10000% from current bid. It is only a matter of time when it will be detected by the market. Some times a company needs a deep sleep because of a bad past. And this company has a bad past (reverse splits!). But look carefully at point 1.

[themuppitman]

This news sucks.

First off after 3 (almost 4 years) the only distribution for this movie is some sales to China and Middle East. These are the two territories with the most piracy of any country and once a movie is released there it will be free online within days (as if anyone cares to see it)

Possible sales to Germany and Russia... after 3 years!

Most movies have distribution BEFORE the movie is filmed. This one couldn't get North American release.. and the releases it are getting are in the worst, most pirated countries. In short, the movie is a dog.

That is one movie. How long do you think it will take them to release another movie? Here is a PR for Say It in Russia from 2003!: http://www.highbeam.com/doc/1G1-111374795.html

Another one: http://www.allbusiness.com/legal/securities-law-us-securities-act-1933/5766987-1.html

So from first "acquiring" the screenplay Oct 2003 till October 2010, it took them 7 YEARS! to get SOME sales. If they start now, maybe they can start a new movie and get some sales in 2017.

This is not a movie company. Its a company that casts the guy's wife in vanity flicks that no one wants. And doing that takes 7 years per movie.