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Bullboard - Stock Discussion Forum Victhom Human Bionics Inc V.VHB

TSXV:VHB - Post Discussion

Victhom Human Bionics Inc > VICTHOM IS SLOWLY FOLDING DOWN
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Post by modulex on Feb 26, 2013 6:28pm

VICTHOM IS SLOWLY FOLDING DOWN

VICTHOM IS SLOWLY FOLDING DOWN

 

On January 22, 2013 the company announced that it failed to meet the TSX-Venture listing requirements.  It has been declassified from tier-1 to tier-2.

 

It's website WWW.VICTHOM.COM no longer has the contact reference of Mr. Normand Rivard, supposedly President/Chief Executive Officer nor the names of the people sitting doing nothing at $30,000.00/year on the Board of directors.

 

Press Releases from 2012 onwards have been removed.

 

The last Press Release showing on the website is:

VICTHOM DISCLOSES THIRD QUARTER 2011 FINANCIAL RESULTS

Quebec (Canada), November 29, 2011

______________________________________________________________________________

 

The latest Press Release - November 23, 2012 states that:

 

Shareholders' equity amounted to $1,635,581 on September 30, 2012, compared with a shareholders' equity of $4,982,964 on December 31, 2011. Total assets amounted to $3,473,346 on September 30, 2012, compared with total assets of $8,174,026 on December 31, 2011.

 

As of November 23, 2012, the Company has $2,770,731 in cash and cash equivalents.

______________________________________________________________________ 

 

The stock is still trading: Bid (263 lots) at $0.03 - Ask (37 lots) at $0.035

 

The only company contact information currently on the website is:

Contact

Victhom Human Bionics Inc.
5365, Jean-Talon East, suite 204
Montreal, Quebec, Canada
H1S 3G2

 

 

Tel.:  (438) 380-5244
Fax:  (438) 381-1530

 

Corporate Matters

Karine Tendland
karine.tendland@victhom.com
(438) 380-5244

Comment by ronz on Feb 26, 2013 11:10pm
I e-mailed Karine Tendland in Mid- January multiple times in a very civil letter requesting any info at all for a concerned shareholder. Never heard a word or anykind of reply....... Are the lghts still on, or are they just hanging around long enough to drain the remaining money in the company on their over priced wages.....
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