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Victhom Human Bionics Inc V.VHB



TSXV:VHB - Post by User

Post by modulexon Feb 26, 2013 6:28pm
367 Views
Post# 21045635

VICTHOM IS SLOWLY FOLDING DOWN

VICTHOM IS SLOWLY FOLDING DOWN

VICTHOM IS SLOWLY FOLDING DOWN

 

On January 22, 2013 the company announced that it failed to meet the TSX-Venture listing requirements.  It has been declassified from tier-1 to tier-2.

 

It's website WWW.VICTHOM.COM no longer has the contact reference of Mr. Normand Rivard, supposedly President/Chief Executive Officer nor the names of the people sitting doing nothing at $30,000.00/year on the Board of directors.

 

Press Releases from 2012 onwards have been removed.

 

The last Press Release showing on the website is:

VICTHOM DISCLOSES THIRD QUARTER 2011 FINANCIAL RESULTS

Quebec (Canada), November 29, 2011

______________________________________________________________________________

 

The latest Press Release - November 23, 2012 states that:

 

Shareholders' equity amounted to $1,635,581 on September 30, 2012, compared with a shareholders' equity of $4,982,964 on December 31, 2011. Total assets amounted to $3,473,346 on September 30, 2012, compared with total assets of $8,174,026 on December 31, 2011.

 

As of November 23, 2012, the Company has $2,770,731 in cash and cash equivalents.

______________________________________________________________________ 

 

The stock is still trading: Bid (263 lots) at $0.03 - Ask (37 lots) at $0.035

 

The only company contact information currently on the website is:

Contact

Victhom Human Bionics Inc.
5365, Jean-Talon East, suite 204
Montreal, Quebec, Canada
H1S 3G2

 

 

Tel.:  (438) 380-5244
Fax:  (438) 381-1530

 

Corporate Matters

Karine Tendland
karine.tendland@victhom.com
(438) 380-5244

 

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