Venzee Technologies Inc V.VENZ

john have fail , 2 choices lefts

[Cgbuddy]

1. another dark placement on a day where venzee hit it low of the year or a buyout at a riduculous price. john is good in what he build with venzee but he is a fking clown that got no respect his balance sheet if he dont resign we will fail on the next step.

[summitking]

You're right on that, either a financing at around 5 cents or try to sell to a competitor.  All this is on John and the management as it was their incompetence that allowed this to happen.  There was someone on this blog a while ago saying the stock would go to this price.  He/She was unfortunately right but the reasoning was completely avoidable.  Perhaps that blogger knew

[Yeppers12]

"I don't want the share price to get ahead of the results because if they don't deliver, that's the death of this company.  I mean that.  If this stock reflexes back under the strike prices of the warrants/options and they don't have the cash flow to maintain (which they don't at the moment), they'll raise more equity and dilute further." FYI. Also