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Versatile Systems Inc VVVFF

Technology Software - Application
"Versatile Systems Inc and its subsidiaries are engaged in software development and sales of computer software, hardware and system integration services related to wired and wireless mobile business solutions. The company's products and services include field sales system, android dex, management console, service depots, single repairs etc. It has Eastern US, Western US, and VMS-UK geographic segments. The firm derives the majority of its revenues from Eastern US segment."


GREY:VVVFF - Post by User

Versatile Systems Inc
Bullboard Posts
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(3)
•••
Comment by profitinvestoron Feb 27, 2011 4:54pm
261 Views
Post# 18202066

RE: RE: RE: RE: RE: games are played

RE: RE: RE: RE: RE: games are playedThe two European directors started buying in June of 2009. Having  invested about $4 million each, i would think that at some point in time they would want to see a return on their money.
Two years later they are still underwater (i am estimating that their average price is
.16 to
.18).
I would think that two years of waiting for a return is a reasonable timeframe to wait. They are probably ready to start moving this thing up. And i still think this guys are not in it for a double, a ten bagger wil be more like it. As unlikely as it seems right now, i think it is headed there. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities