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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 grinder2on Oct 20, 2012 1:14pm
356 Views
Post# 20506380

RE: RE: .045 CENTS

RE: RE: .045 CENTS

this is called market making.....over the last three trading days...day1--50,000 shares up .045 cents                                                                                             day2--9000 shares up .06 cents                                                                                             day3--19000 shares up .03 cents....99% of all shares bought by a insider,probably Buchanan....this cannot be classified as arms length transactions...this pig is going back to sub .10 cents in a heart beat.....they would have done better if they had taken the 100,000 they are going to spend on the p.r. firm and bought back shares.....on day 2-- 9000 shares traded moving the price up .06 cents on a total investment of 1200 dollars......i say B.S. we have been led to the toilet by management with tunnel vision....gross revenue down....profit non existant...they could care less about he retail shareholder....look at the shares,debentures etc. etc. that they have issued over the last few weeks....poor timing and bad decision making in my book.....BUCHANAN HAS TO GO.....END OF STORY....  

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