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VENDTEK SYSTEMS INC V.VSI

"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."


TSXV:VSI - Post by User

Comment by trytomakeabuckon Apr 11, 2012 9:36pm
246 Views
Post# 19783610

RE: Response: Canadian Insider Update...CEO Buying

RE: Response: Canadian Insider Update...CEO Buying

 I agree we all want to see improved results but...... such is life when dealing with a micro cap company on the venture exchange....usually nothing goes as planned.....i continue to believe that Brazil will soon start to improve our top and bottom line numbers we shall see....as far as getting rid of management maybe a different team would have had better results or maybe not who knows......obviously the two large institutional shareholders who own almost 50% of the shares outstanding could easily have management removed if they saw fit but they must still believe in the team we have now or they would have done so imo......what surprises me is that Privinvest hasn't come in with a $.40 or $.50 cent offer and taken this company private....i would think if we remain at this depressed stock price level much longer something's going to happen....right now every single shareholder is under water and it sucks.....i was semi lucky i had a nice position built in the low 40's before the big run up to the 90's where i sold half my position on the doubling of the stock price then held on to the rest and started adding more shares when it dropped under 60 and bought all the way down to 25 cents so I'm feeling lot's of pain on this one as everyone is.....if within 6 months time i don't see a vast improvement i will take my lumps on move on and maybe look at it again in the new year....until then i will remain long and strong this company especially at these ridiculously oversold prices!!!!

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