OTCPK:VGIPF - Post by User
Post by
tinman8on May 29, 2013 6:43pm
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Post# 21459114
Long time - no announcement
Long time - no announcementSince I don't believe it takes this long for a team of experts to come up with recommendations I conclude the emphasis has been on finding a buyer all the while continuing to fund the dividend. Apparently no one has stepped up to the plate. The recent 10 million credit increase may simply reflect that in the absence of a buyer they need to concentrate on plan B - a new business plan, and since they are starting from scratch again and have forked out over 10 million in recent dividends they needed to shore up the balance sheet with the extra line of credit by about that same amount.>