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West Coast Ventures Group Corp WCVC

West Coast Ventures Group Corp is engaged in operating restaurants in Denver, Colorado metro area. It owns El Senor Sol, a Mexican cuisine restaurant and Illegal Burger restaurant located at different locations.


EXPM:WCVC - Post by User

Comment by east4weston Jan 02, 2020 9:17pm
95 Views
Post# 30513497

RE:RE:RE:DILUTION DILUTION DILUTION

RE:RE:RE:DILUTION DILUTION DILUTION
Hi Jarred, I agree that there is some super high volume trading the last number of days. Being that this company first started trading in 2011 one would suspect there are lots of shares in other peoples hands. The buiyers in 2011 purchased a gaming company that fell apart. The new owners have taken over the listing and have created a restaurant company that is planning to expand. Could we not assume that the change in ownership is driving the volume.

Old shareholders are finally accepting defeat and taking a loss. New believers in the restaurant model, 6 locations of proven sales and strong management.

I find it hard to believe that the operators of restaurants would take over the listing just 6 months ago and be dumping shares that they don't own. Can you explain why you think they are?
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