TSXV:VRB - Post Discussion
Post by
Visthefuture on Feb 03, 2024 8:28pm
What's left of Vanadiumcorpse?
This stock used to have better liquidity before the arrival of new elderly executives. I earned some decent profits before the stock plummeted into a self-made sinkhole. Selling the remaining shares became difficult when the cease trade was lifted amidst a horde of sellers. Does anyone know why they turned on their shareholder base? The only plausible explanation seems to be in their recent actions. In just two years, new management appears to have eroded the most shareholder value in the company’s entire 44 year history. With the core mining assets potentially at risk due to low capitalization, While the company has opened two new offices, one of which appears to be Director Gilles Dupuis’s residence, is the third office also a director’s residence? Is there an undisclosed side venture involving the company or one of its directors funding these side quests or just paying their personal rent? It’s perplexing, and I am not the only one wondering how the company can generate any real value for its shareholders. How much of the company do the current management and consultants own between the 10:1 roll back and new "financings"? Did they offer any shares and warrants of these financing to any existing shareholder of the company? I still have a few shares and participated in financing and I didn't get a call or an email. Did anyone reading this billboard get a call or an email? did anyone else who previously participated in their financing, get the courtesy of an email or phone call? they have issued over 50 million new shares not counting new warrants and new options since the rollback in addition to the 32 million shares that resulted from the 10 to 1 share certicicate shedding. If management and cohorts hold most of the outstanding stock, it would explain the lack of liquidity and sharply declining price. Previously, there were frequent news updates and direct communication with shareholders, but now, the current team seems to be primarily motivated in discouraging genuine investors from investing. While it’s possible to profit from a company’s declining share price, the company needs to remain operational to do that doesnt it? Is there a way to access information on short positions for VanadiumCorpse? Any predictions on the next roll back? 100:1 consolidation and new management with an AI CEO might be able to do something. What is 100 X Zero? Can the company keep its mining claims until then? GLTA, VITF
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