VSBLTY Groupe Technologies Corp C.VSBY

Incompetence or out right deception

[MakingSense]

Lipstick on a pig. 2nd quarter results again full of reasons for failure to deliver. This will be followed by Jay the hack blowing smoke up shareholder's rear ends for 3 more months to keep the BS flowing. Then of course by end of year they will be out of money. Dosen't seem to be one install in a beer store yet. 5000 installs in 4 months??? Not likely. Each install would most likely be in the area of 1200.00 bucks. That's 6 million, monthly burn of 1.2 million = 4.8 million. Looks like diluting is coming to shareholders. 28,000,000 and counting for total losses for a digital signage business. They couldn't clue in when News America decided to bail on instore digital for printed posters and coupons. Look up, those are vultures circling high above.

[dudu18]

Common Shares: 182,499,151 Warrants: 54,097,856 RSU: 133,500 Options: 12,030,000 Add all of these up and you are looking at almost 250 Million shares. Talk about dilution.. Even if the company grows into a 100 Million valuation (really really really hard to justify with negligible revenues, negative earnings, increasing costs and no demonstrated ability to translate partnerships into revenue

[dudu18]

Oh and prior billings (Energetika, UTI Global, Sensormatic, JCI, RadarAPP, 911inform, ABInBev etc) haven't translated into revenues (license fees). How could you have a massive active security deployment in Mexico city with around $50k in quarterly revenue for licenses only? Where is the revenue from any other installs? What is the possibility of current billings translating into future

[Jb2222]

price action says otherwise.