OTCQB:VVCIF - Post by User
Comment by
dubiousoneon May 12, 2019 10:47am
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Post# 29739017
RE:FYI This was the reply by their IR company National
RE:FYI This was the reply by their IR company National They should buy him out or find an fund that will... and if they buy they should retire those shares like retiring his onery a$$.
I can’t say I understand his motivations but definitely baffled.
PreferGolf wrote: This is the truth - I sent an email and received this r
Hello Alain,
I can answer on Heidi’s behalf.
In what I understand is a semi-regular occurrence, the founding CEO of Vivo (no longer with the company) has been selling off shares. Some of his shares are held in escrow and when they come free, he sells them off. This of course has a negative impact on the share price.
In terms of the company, it is performing well having reported strong financials recently and recently completed a non-deal roadshow meeting with institutional investors and sell-side analysts.
Regards,