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Bullboard - Stock Discussion Forum VMS VENTURES INC. VMSTF

GREY:VMSTF - Post Discussion

VMS VENTURES INC. > a successful no vote?
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Post by nezcasse on Apr 01, 2016 12:34pm

a successful no vote?

considering the plight of the cash vms ... a negative vote will result in the dissolution of the company after delisting pure ... of course ...
 
so please govern accordingly ...!
Comment by colt45acp on Apr 01, 2016 2:54pm
Nezcasse where does it say a no vote means dissolution of the company. Who gave you that answer ? Please.
Comment by geolith on Apr 01, 2016 4:02pm
A more likely solution to dissolution would be to raise $100 to 200k (maybe sell NAN?), terminate any and all employees except for the president and CFO who would be paid poverty wages for continuing to do nothing. Terminate the office lease, cancel the phone line and use you lawyer's office for corporate purposes. You can out wait Hudbay, but it won't be fun.
Comment by colt45acp on Apr 01, 2016 4:50pm
Well VMS management has stated thier is a pending drill program in the Reed MINE area waitng for the special meeting vote to be concluded.  IF they are going to fold the company why is the drilling pending and not just canceled. Any body, got an answer. Read the News release.
Comment by sawtooth1 on Apr 02, 2016 10:59am
With an outstanding debt to HBM of some 20 million & Glen into the company for many millions no way could they fold the company someone would end up behind bars. As to selling NAN I think Sentent Group might weigh in on that one. Vote NO and you just might get a better deal down the road. We are still a producing mine do not forget. JMO GLTAL
Comment by colt45acp on Apr 02, 2016 12:44pm
I say a no vote is the only way with the info we are receiving or lak thereof. From what I have been reading from others more in the know than myself copper has bottom and this year will prove it out. It's too early in the game for this deal.  gOLD AND SILVER is just begining to head higher. Deal is no deal. But we need a big no vote from all the smaller shareholders. We might get that ...more  
Comment by colt45acp on Apr 02, 2016 12:49pm
Please read : Copper- It's Been a Bad Few Years. Think you will find it interesting. Go to www.321gold.com . jmo. 
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