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Bullboard - Stock Discussion Forum
VMS VENTURES INC.
VMSTF
Metals & Mining
Industrial Metals & Minerals
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Bullboard (GREY:VMSTF)
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(1)
•••
Leebo31
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Comment by
Leebo31
on Apr 15, 2016 12:05pm
RE:help
IF u do nothing you will get the split option of cash and shares
(0)
•••
tanyao
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Post by
tanyao
on Apr 15, 2016 10:44am
help
if I do nothing do I get the Rnx shares or should I call them. That seems to be the way to go??
(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 15, 2016 8:03am
RE:RE:RE:RE:RE:RE:RE:understanding the discount in share price between vms/rnx
Please don't reply to my last post. It is what it is, end of story. glta.
(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 15, 2016 6:10am
RE:RE:RE:RE:RE:RE:understanding the discount in share price between vms/rnx
They ruin VMS even being partnered with HB so you turn around and except this is a fair deal on their say so they lose my trust 100%. I make money on scrap metal, ya say what you like it's good
...more
(0)
•••
Horta
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Comment by
Horta
on Apr 15, 2016 1:41am
RE:RE:RE:RE:RE:understanding the discount in share price between vms/rnx
Wouldn't it make more sense that if you think that this management couldn't make VMS work it makes sense to take this deal so that you have new management to try and make it work?
(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 13, 2016 7:01pm
RE:RE:RE:RE:understanding the discount in share price between vms/rnx
Anyways good luck to everyone. Management is in charge and the failure here is on thier heads. They couldn't make VMS work and you trust thier judgement on this deal. Too funny.
(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 13, 2016 6:55pm
RE:RE:RE:understanding the discount in share price between vms/rnx
hAPPYCHUCKY123 i DON'T UNDERSTAND what does the largest shareholder are for this deal mean. If you have as many shares as the have they are in for what maybe .08 a share for their shares of
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(0)
•••
Happychucky123
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Comment by
Happychucky123
on Apr 13, 2016 5:44pm
RE:RE:understanding the discount in share price between vms/rnx
The lawsuit really killed this company`s stock price for years. I think there is better prospects with RNX than VMS. Only time will tell though. The fact our largest shareholder is for this says a lot
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(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 13, 2016 5:32pm
RE:understanding the discount in share price between vms/rnx
Lets say you have 100k VMS shares, your cost 20,000 dollars, = .20 ave. a share. 100k VMS shares = 39203 RNX shares. If RNX shares after yes vote = .515 a share x 39203= 20,189.54 you gain 189
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(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 13, 2016 4:29pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:VMS valuations and options
Happychucky123 you got to do what you got to do it's your call. Good luck. jmo.
(0)
•••
Happychucky123
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Post by
Happychucky123
on Apr 13, 2016 3:09pm
understanding the discount in share price between vms/rnx
If I am correct this stock will trade based on the .24 and cash until the shares stop trading. If I elect that option and sell my shares after I vote and elect I am assuming the purchaser will get
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(0)
•••
Happychucky123
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Post by
Happychucky123
on Apr 13, 2016 2:54pm
Election and vote
So after talking to computershare/broker. It can be a 2 step process. You can vote online and call the broker to tender instructions on the election. I was told I can make the election up to 5pm April
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(0)
•••
Happychucky123
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Comment by
Happychucky123
on Apr 13, 2016 2:21pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:VMS valuations and options
A no vote I guess turns into the cash and .24. I understand your No. My average on 300k shares was 40 cents pick up another 300k at .07 so the only way I figure I can make some money is with RNX. Sad
...more
(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 13, 2016 2:04pm
RE:RE:RE:RE:RE:RE:RE:RE:VMS valuations and options
Sorry LEEBO31 I was responding to Happychucky123 in my post. glta. Didn't choose any option they all stink. jmo. glta. Also voted NO. jmo.
(64)
•••
colt45acp
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Comment by
colt45acp
on Apr 13, 2016 1:58pm
RE:RE:RE:RE:RE:RE:RE:VMS valuations and options
Leebo31 management is voting yes. They don't have to tell you what option each one has picked. Do you understand?
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