Vanadiumcorp Resource Inc VRBFF

nice buying opportunity

[bingostar]

Price is half of it was before consolidation, financing of 2 M$ is secured and nice assets in strategic metals. It will bounce back to 0.28$

[Familywealth]

Bingostar??? You sure about them comments son?  "$2 million financing secured?" Really? Send us proof and whose financed the company asap please. Be careful about what you write son if you can't prove that funding news.   There ain't no financing secured and if there was, the shareholders have a right no know about it pronto in an immediate news relase like every

[bingostar]

I did not invent that , it was in the press release a month ago, just look at sedar: VANADIUMCORP ANNOUNCES FINANCING AND SHARE CONSOLIDATION VANCOUVER, BRITISH COLUMBIA, March 24th, 2022 - VanadiumCorp Resource Inc. (TSX VENTURE: "VRB") (OTCBB:"APAFF") (FRANKFURT:"NWN") (the "Company") plans to arrange a debenture financing to raise up to a maximum of $2

[explman]

But that is debt. And it is going to clear the monies owed to the current lenders, your rock star board and management. AND it has not been approved byt he TSX. So calm down big fella.

[bingostar]

I prefer debt than shares to avoid dilution , their bonus warrants  are exercisable at 0.50$ and the loan due to management is 188K$ and no other debt plus a positive working capital. So i have not been hammered by the decline of the stock as you probably was , but at this point it is not a disaster like other  try to picture the company.

[explman]

And how do you see that debt getting repaid?

[Familywealth]

Bingostar...please, not a disaster? Are you kidding us son? The market cap is under $4.7 million...90% of shareholder equity has been crushed, gone, vapourized with no plan, no money and a huge legal, BCSE and Class action scandal potentially brewing, and oh by the way, isn't the company insolvent? How is that not a disaster son? Please do not post gibberish like that on this board as it

[Familywealth]

Agree Explman. This "debenture/finance proposal" it seems was to obviously get the Board's huge amount of debt owed off the books by paying them out with it? And that is why it won't happen folks. Anything like that approved by the exchange should be investigated immediately.   FW 

[Familywealth]

" plans to arrange a debenture financing" - plans to - never did Bingostar.  FW