VMS VENTURES INC. VMSTF

Today's price movement

[werdnapk]

Something was up with today's price movement and then I noticed RNX has exploded due to a news release concerning hitting some nice gold drill results.  That explains things a bit better.  I guess if you think the takeover will be successful you can get a piece of RNX at a discount right now.

[werdnapk]

This also potentially changes my vote from a No to a Yes now that RNX's SP has moved up.  Hmmm.

[BagsBunny]

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[sawtooth1]

A lot of us are in the same position BagsBunny so if any one out there can throw some light on what is going on we would all be grateful. GLTL

[werdnapk]

The VMS SP is capped compared to the current RNX price.  NAN shares are also in the mix, but those are minor compared to the RNX shares you'd get for your VMS shares. There's no point buying VMS shares over a certain price.  For example, from my calcs, if you buy VMS at 11 cents and you get RNX shares at 30 cents, you'll just be a bit further ahead with the deal, but if you

[BagsBunny]

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[Rutiger851]

It is all just a big scam the vote is coming down soon and I think it is too close to call so RNX put out the news release to scoop up as many shares as they can to put them over the top. If they get them for under 20 cents they are still making out like bandits and stealing this company. Once they flush out enough shares just watch RNX will drift back to 20 cents. I have not been a shareholder

[werdnapk]

I'll admit the RNX NR sucked me in a bit and made me second guess my vote, but you're right in that the NR was timed a bit too conveniently with our timeline to vote. I find the whole thing a bit scammy as well and will likely just go with my original NO vote.

[Rutiger851]

RNX did the same thing to Donner got them for nothing. I'll do the old time VMS guys a favour and let you know if you dump your position you can get into MMV @ 4 cents and recoup your losses from VMS by Sep and you can take advantage of the multiplier effect. Do yourself a favour and do some DD on MMV and you will be happily surprised. News is supposed to be out in 2 - 3 weeks so you have some