VMS VENTURES INC. VMSTF

RE:RE:Why the Financing? In shareholders' best interest?

[yoda2]

you may be right, they may wish to pay off the 8% bridge loan,although they do not appear to have said why they raised the money and reduced our (the existing shareholders) interest in Reed and Nan.

It seems difficult to follow the logic of paying 12% in commissions and fees and of diluting the interest of current shareholders in order to pay-off an 8% loan earlier than required.

it will be interesting to see what happens