Replies to post #34356 on Viratech Corp. (VIRA)

[themuppitman]

I'm afraid nothing can help IMPN shareholders because IMO they are not a movie company, they are an ATM.

The ironic part is if they had done some simple smart decisions like pay shareholders promised dividends, kept people like Cindy and Hergott around who where actually involved with UFC they could have built this company and made more in the long run. The UFC is taking off right now. Cindy and Hergott had a deal with the UFC and obviously had all of the connections (which it appears Hergott still has). In my opinion they should have kept these types around and made a legitimate company. Instead they focused on reverse splits and using the company as a piggy back. Short term greed versus long term planning. The UFC is pulling in a couple of hundred million a year. TapouT is doing the same. Here is Hergott doing movies with these guys. Management are fools IMO.