OTCQB:VVCIF - Post by User
Post by
Dime2dollaron Nov 13, 2020 11:28am
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Post# 31895173
It’s a Hold for me
It’s a Hold for meI dumped some shares today but still have a long position. I'm anticipating a pull back to .08-.10 on their next dilution. It's inevitable that this will happen. The company's tangible assets are valued at approximately $40mil. If they dilute, up to $50mil of their shelf prospectus, andthe market continues only giving them a value equivalent to their tangible assets, we very well might see this down to .08 cdn, or a 33% loss from this point.