GREY:VDQSF - Post by User
Comment by
Griffin60on Apr 26, 2019 2:50pm
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Post# 29676248
RE:RE:Is there anything happenning here?
RE:RE:Is there anything happenning here?OK, if they sell the US facility, how much capital will that provide? I think it could easily net nothing, or even leave VODIS with more debt. As far as funding the Canadian operation to profitability, there is no possibility of profit without HC approval. Since the inception of the company any references to licencing have been wrong or deliberately misleading. The only real news will be HC approval, and I lose more confidence that the company will survive long enough with each passing week.
VODIS has mishandled the HC application from the outset. Where is any convincing evidence that they are on track now? I am down over 90% on this stock, and I am not really hopeful that I will recoup.
Voxman wrote: According to the website and the conversation I had with Earl.... they are selling the US facility and that capital will be used to fund the Canadian operation to profitability.