GREY:VMSTF - Post by User
Comment by
soccer57on Oct 20, 2005 6:48pm
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Post# 9743062
RE: AGM questions
RE: AGM questions
Why don't you ask him where the money is going to come from to Pay the people who sold PO to VMS. $4,200,000 due next spring since they will want--- $$$$$all cash ---------because the stock price is at 15 cents and their purchase price for buying stock is .425 cents. Why would they buy stock from VMS at .425? They don't want any stock. They want cash.
ask him that.
If part of your business strategy is to make acquisitions with the stock of a public company the stock needs to be viewed as having value. You make acquisitions with expensive stock. (it takes less shares to acquire assets, less dilution to existing shareholders)