Viq Solutions Inc T.VQS

No end in sight

[dundas]

Management finally acknowledged that the financial performance was disapointing.
But the two three main culprit still remain. Unless they bring in new management and fire the three this stock is going nowhere.

[SNgu8000]

VQS is in DIARRHEA Stage . Can it be cured or stopped ? 

[cananon]

What happened?

[dundas]

Why are insiders not buying? Do they think there is more downside to the share price.

[homer111]

i've increased my holding significantly. it's market cap is under USD$10m while annual sales are approx. USD$50m? significantly undervalued in my mind...

[Akariboto]

A bunch of investors made similar comments about Xebec. We know how that story went. Not saying the same thing will happen here but the balance sheet isn't pristine. My guess is the market is anticipating dilution.  Yet, Larry gets free shares. This unfortunately is not a shareholder friendly business.  All minority shareholders can do now is hope. Any other business would have

[pacer217]

Insiders are not buying because they already own several million shares, Most are underwater by at least $1.50 or more pershare. Last time I looked Mr. Taylor had close to 9 million by himself.

[dundas]

You think they would buy more if they believed in the future of the company. That would also help put confidence in the currrent shareholders that management think that the company is undervalued. How long does anyone think it would take for this management to turn this company around if they could?

[CDNMaple]

Hi team. Insiders arnt buying because they have non-public knowledge at this moment. They annoucned some magor new contracts that are to be annoucned during Q4 during the Q3 reporting. The CTO purchased some, but may not have that knowledge. They have gotten around this in the past by annoucning enough during the Q reporting with a more detailed follow up later.   As for turn around