OTCQB:VVCIF - Post by User
Comment by
rusty777on Apr 23, 2021 10:12am
237 Views
Post# 33054533
RE:RE:RE:With laughable MC of $53 Million Vivo will get Bought Out !!
RE:RE:RE:With laughable MC of $53 Million Vivo will get Bought Out !!Sadly, it may have a MC of 53 million, but in order to pay off all the golden parachutes that will need to be honoured I suspect the purchase price will be many times the MC - Management has so far demonstrated that to buy them off will take tens of millions each (just look at the past severence packages) so the question is....who is willing to buy this company with that kind of "hidden" debt hanging over their heads.....I suspect not many.... which is a shame - we really do need a Management team who are focussed on the company and not on their own private ATM machine.
That may (or may not - who knows) be why we are not seeing a lot of action on the M & E front with this one.
GLTA
Rusty