OTCPK:VGLIF - Post by User
Post by
IChingon Jun 25, 2008 9:29am
1578 Views
Post# 15226077
Greg Peet
Greg PeetUsually guys with deep pockets don't buy into loosing propositions...that's how their pockets became deep. LOL
Multi-year losses become an additional attraction for a large taker over company, since those losses offset their taxable income. Yeah...
As for the final sale price of Vigil (not a matter of if, but when)...it does not really matter if it is 20cents, 50 cents or $1...Peet and other investors buying at the bottom will make money. The sale price will be dictated by market conditions in the M&A business, and the specifics of Vigil's spreadsheet at the time. Business is growing. Good. Keep patenting and keep growing. One big medical/health equipment company will eventually take over Vigil.
Cheers