Quiet please.Speaking about the fact of the persistent silence of Versatile, I really don't know what to conclude today. I wrote them many times asking at least for a short up-date. Sorry to have to say nothing has came out...always nothing, nothing, nothing !!! This is why, with all of you, shareholders of Versatile, I have to admit that those last two years have been very inconfortable, incomprehensible and non souhaitable to anybody. May be this is why it brings "profitinvestor" to say a month ago on this forum: Either they are trying to hiden how succesful their recovery is or they they've ran it to the ground and will bring it to bankruptcy. I understand his tough opinion after this kind of expropriation of all our rights without explications. We have even lost our power to buy or sell our shares since more than a year.
However, in front of this singular conduct and this lack of transparence, I still prefer to believe they have an important project on the table which has taken much more time than expected with respect to his realisation. As I said it before, may be I am right, may be I am wrong, but for now I have not a lot more on hand, except my own faith and hope to confirm this conclusion.
At the time of an interview our CEO Mr. Bertrand des Paillires has said something pretty near that: Many millionnaires like to spend their money differently than me. Many buy a big yacht or become the owner of a great sporting club. I am much more likely to spend a lot of money on an invesment . What is he doing in Versatile? Certainly not to bring it to bankruptcy.
If for Versatile they have a project and if to say anything about it now, should not be appropriated or favorable, I suggest to stay quiet...we have no other option as long as we don't know all about this story or if you prefer this mystery.
Don't forget, they own half the company and it is not logical neither advisable for us to think they are driving it to nothing. In doing so, they ruin their reputation and also dishonour their name. I cannot go for that.
After all, in spite of this pitiable situation, as much for you as for me, I hope for a good and favorable ending. To be continued GLTA.