Ok I said I'd never post on this board again but this is just too interesting now seeing all of the violations of the law that may be happening. Seaam I hope you read this. Should Peter actually share details regarding termination of your employment he is in direct violation of US wage and labor laws. In fact it is illegal for an employer to share any details aside from employment verification and verification of dates one was employed to anyone outside of a courtroom or in a direct dispute over an unemployment claim. If this information about your employment is even discussed you need to immediately contact the Florida wage and labor board and mention the post I am replying to. They will be obligated to subpoena the said email and to prosecute on your behalf as a wage law violation. If this is carried through you also have rights to a private defamation suit with average judgement in Florida equalling 3 years income on salary while employed with employer in violation.
Lots of firey young lawyers with the wage and labor board that will be chomping at the bit to handle your case.
I'm glad I dumped my shares as this board alone has provided countless information based on their correspondence with a CEO who obviously is either ignorant to or thinks he is above the laws that govern his business actions. And sadly, those posting the information here are oblivious to the damage they are doing to their long positions and I feel awful for them in that perspective.
Make the phone calls Seaam as the evidence in your case keeps making itself more and more present.
Regardless of where people think this one is heading long term, this board alone is directing it to a halt. And the evidence begins to point more and more towards all the shady PRs telling us all that their lack of depth and detail yet brief mentions might actually end up becoming truth of a new symbol or merger whereas the new symbol could be VDSCQ or the merger could be a full take over where current shares held by longs become capital used to pay off pre acquisition debts. Don't think it cant happen as it happens all the time.
Mark my words Seaam, if this person truly has email correspondence to where Peter will be discussing your employment or has even already stated in the email you were terminated then you already have a case.
This is for sure my final post here as I can no longer be associate by anything more than reading this board. I've sold my position as you all saw the 5.4 million share dump through 5 bids last week. Luckily from the last buy added to a nice free share position my average was low enough that I still profited.
But if any of you were truly pulling for this stock to make you rich you would focus this board on not sharing information that implicates this company on both state and federal levels. And you wouldn't sound like a chorus of pump and dump emails screaming of situations that may never come to be. You scream for PRs knowing any PR released by Peter must be written in crayon and rarely reviewed by a proper advisor. Fluff PRs damage a stock with validity by means of financials don't come out to support the hype.
Those of you who believe in Peter and VDSC may wish to advise him to cease email contact with shareholders or maybe stop sharing them here. I don't want to see people lose money they don't deserve to lose. And I won't revel in your losses by any means.
A couple weeks ago I was one of you, a long who believed in the potential here. I respect people like SN who have done a lot to get answers for the many active longs here. But when you do your DD you can't only seek the good things. It's natural to believe in any position you are holding long. But don't let that cloud your ability to also seek out the negatives and weigh their possible effect as it pertains to risk.
Even if all of this blows over and nothing ever comes of these negative allegations, protect your capital while they are looming overhead. If you are green in your position maybe look to sell to free shares. Worst case scenario is that it runs after any of this is proven to be false and your free shares will grant you a much lower average as you buy later on.
For sure now my last post here as to make sure I am removing it from the boards I follow. Too much negative over our heads here for the smart investor to be risking in. The gambler may seek these opportunities but they typically don't last long in the trading business.
For the specific person who states regularly that they are holding a super huge position and will also cover losses for family and friends they've lead into the position, I feel for the stress you may feel daily.
I hope that for the sake of so many holding losing positions currently that you get a nice bounce and are able to profit from it. But the good things I once saw, and still do, are outweighed now by the cloud of detrimental negatives that loom on this one.
So lets keep this straight.. I'm not bashing any of you or your positions. I will be in high hopes you profit as I don't wish badly on any of you. Regardless of how badly I get flamed over this post I will continue to wish the best for all of your positions.
I'm also curious to see the results of the meeting SN will be doing Tuesday as before I sold I offered to join him.
The legal implications I've mentioned are factual based on the situations I've mentioned them for. And for the sake of all shareholders I hope your positions are not used to cover the debts.
And for Peter, who through my own correspondence with him in the past I've developed the opinion of him being a compassionate man, I simply hope he doesn't end up in prison if these allocations end up being prosecuted against him.