OTCPK:VGIPF - Post by User
Post by
tinman8on May 10, 2013 10:10am
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Post# 21362521
A drip
A dripI sincerely hope not.It would not begin to address the debt level - but it would dilute the shares still further.The Q1 release adds nothing new - just what was already known.We will have to wait and see how they prpose to deal with a debt level of almost $1.50 per outstanding share.Bottom line it will take serious measures - so I hope they come up with a credible solution that the market believes in - and certainly not a drip.GLA>