GREY:SCSZF - Post by User
Comment by
idleSpeculatoron May 31, 2006 8:29am
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Post# 10925466
RE: LOL
RE: LOLActualy it is a little more than a shell, Tech7 is still alive and kicking, and having cut all costs to the bone outside of Tech7, the whole business might even be profitable, certainly won't have much of a burn rate.
Only thing that is missing is any aspect of the business with the potential to grow and earn the profits to give shares any significant value. A company on the venture exchange that is playing 'nothing ventured nothing gained'. But that has been the posiition of most investors too, in no small part becuase of genuine reservations about management.
Whatever the reasons, excuses and justifications, Vivo was a missed opportunity, and of all opportunuities persued by this companay in the past, this one needed by far the least capital to make it.