RE:What was the story with VANC in 2015?I posted this a while ago when it started to move. Little bit of history.
This stock once had hope, then management started to get selfish. Arun was a disaster and absolutely destroyed any shareholder value. Silence from management for months and months. Bad news release after bad news release. This led to a price decrease in the stock from $0.50+ down to $0.08. It was at ~$0.27 when a reverse split was announced, and when it finally happened, the stock price had lost 80% of its value. The down trend continued to $0.15 where quite a few PPs were offered. There are a lot of people who were left major bag holders from its previous highs.
Now Bob Rai has returned some interest here. He managed to bring in EHT, which has created interest from the hot pot sector. The Healthtab by itself is a disaster - guess who owned Healthtab prior to Vanc purchasing rights to it? For those who actually want to do some DD, look at the news releases since Q2/Q3 releases last year. Also, I can't remember who the stock promoter guy was (Jason Donville?), he hyped Vanc to his followers, and after a disappointing Q2/Q3 and silence from management, he told his followers to dump any Vanc stock, which caused a big dip. Arun failed to address the poor numbers and his company being called out. Bob Rai was there for all of this. Now he's in control.
If they can somehow tie marijuana into this company, we might be back on track. I'm encouraged by the current interest, but there needs to be a nice news release for any of this to stick and take this stock for a run. EHT bought in for a reason - we'll just have to wait and see whether that is revealed in a timely manner or if it's nothing to get excited over.
Read more at https://www.stockhouse.com/companies/bullboard/v.nph/vanc-pharmaceuticals-inc?postid=27106524#3bKI346M7pdWeT4x.99