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Bullboard - Stock Discussion Forum Versatile Systems Inc VVVFF

"Versatile Systems Inc and its subsidiaries are engaged in software development and sales of computer software, hardware and system integration services related to wired and wireless mobile business solutions. The company's products and services include field sales system, android dex, management console, service depots, single repairs etc. It has Eastern US, Western US, and VMS-UK geographic... see more

GREY:VVVFF - Post Discussion

Versatile Systems Inc > Strange Corporate Behaviour
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Post by Psalm9012 on Apr 11, 2017 11:41am

Strange Corporate Behaviour

It's highly unethical for a company to tell shareholders essentially nothing for almost a year, ignore all shareholder inquiries, and fail to do their financials for the same period. You have to wonder how long this can go on before the Venture decides to delist it - albeit I think they are quite tolerant here. My only hope is with management owning over half the shares, it is in their own best interest to work something out. IMO. Greg
Comment by LeKooz on Apr 18, 2017 5:30am
I had the misfortune of being in this stock a while back. It was mismanaged badly under previous management, the CEO John Hardy displaying an astounding level of incompetence. When the current management came on board there was some hope that things would markedly improve but ultimately they did not. On thing I could never understand was why these two guys bought the stock they did. I has served ...more  
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