GREY:VVVFF - Post by User
Comment by
profitinvestoron Nov 23, 2009 3:51pm
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Post# 16515391
RE: RE: RE: RE: RE: news
RE: RE: RE: RE: RE: newsWell for better or worse, we are witnessing the transformation of versatile.
There is several sub plots here, all valid but i am afraid none of us here know the end of the story.
1) Yes trader is correct, this is a huge dilution that on current financials it has the potential to kill the stock.
2) A point thats being missed, the same two directors that owned 10 million shares each, bought an additional 20 million shares each. WHY!!!!!!!!!!!!!!!!
3) Each of this directors has now pumped $4 million of their own money out of pocket into Versatile, WHY!!!!!!!!
4) These two directors now control 40% of the company (float) WHY!!!!!!!
5) Who is calling the shots at VV, is it still Hardy? or the two directors that own 40% of it?
6)Versatile already had a good size line of credit and is close to break even, so why raise more cash???
7) Why did Versatile invest heavily on a closed end fund?
8) That closed end fund has a huge bet on Infinia that just happens to have game breaker potential going forward
9) Is Versatile positioning itself to be a major supplier to Infinia with its Mobiquity suite of products???????
Versatile is no longer a play of the old 'VV' and its predictable set of financials its now a new play based on the answers and outcomes of the above items.
I firmly believe the shots are being called by the two new guys and they are changing the companys direction.
They could fail us again as VV has done for a long time, but i have an inkling some exciting times are ahead of us.
I am trying to put a lot of pieces of the puzzle together here but i think we will eventually see some link between VV and Infinia and that could be huge!