Verisante Technology Inc V.VER

RE: RE: RE: Who the fark is running this show

[Naamkat]

natureboy16:

I think it fair to say that I've been anything but a cheerleader.  Comments like "not having a pot to piss in" kind of speak for themselves.

So, hopefully my view gives you and some others a degree of hope.

While I have always felt it naive and patently foolish to assume that some third party would give VER shareholders something for virtually nothing (talk of $1/sh anytime soon was a pipe dream), and yes, these guys don't know their asses from a hole in the ground (telling the market $.20/sh was stupid), the number of extensions received suggests that there is no plan B outside of using VER as a financing vehicle.

So, there is probably some decent upside from here.  And while I prefer to see juniors with less than 50m shares o/s, the phenomenon of Columbian juniors with share counts approaching 500m-1b shares shows that our likely 100-150m shares won't offend the market overly.

So, at this point, I would advise patience (which I know isn't easy).  Look at it this way, what's the alternative?  There's insufficient liquidity to dispose of a large position anyways.

Regards,
Naamkat