I can understand Doug's frustration, but I think the company need to finish the forecasting tool before they go out on investor conferences to promote the company. Their presentation need to include a chart showing current backlog and timing of when they will turn into revenue, and expected profitability. Based on Eric's comments, they should have that by the Q3 conference call. In the mean time, I think this is a perfect time to accumulate on any dips.
YTD awards and bookings are pretty impressive at $23.5mm, which means Q3 will be quite impressive with almost $6mm already locked in half way through the quarter.
Eric made a comment about being a shareholder himself going forward. I hope he understands that it would mean much more if he buys in the open market instead of just holding shares from employee stock options / grants.
Is this company for sale? great technology, not big enough sales staff to generate profits. seems like vscp would be great addition to bigger enterprise that would generate more sales. Eric Converse dresses up companies then sells them.
I think Converse will be a competent CEO. I think the naming of a permanent CEO will
give some reassurance to Wall Street and help the analysts take this company more
seriously. Rather ridiculous that it was
running for 9 months with just a temporary CEO.....
Im guessing Converse got a sweet package.....more
power to him.
This is what I was suspecting and hoping since his interm-CEO contract was extended a while back to end of July and we hadn't heard anything. I don't think this will be a penny stock much longer. Load up if you haven't already. I am moving this one to strong buy (not that my opinion means much).
Sentiment: Strong Buy
As long as you are on the Yahoo website, read the press releases.....
I am glad I don't suffer fools gladly.....get some sense!
If you live in Rochester, why don't you stop by their headquarters: 500 Linden Oaks,
Rochester, NY 14625. They are not in the business where a common person would hear about them.
Max 9.2M revenue so lower. One new big study.
I've been an investor for a long time - nothing new here.
Sentiment: Strong Sell
I bet the interim applies for the job. Been about 9 months now. He's never done serious work in healthcare either - some board work for short stints.
Guess it doesn't matter when you are bleeding cash and have no sales.
Based on the bio, the new chairman has no clinical research experience... no pharmaceutical experience ... and HAS NEVER WORKED FOR A PRIVATE CORPORATION. He's also been on the VS board since 2005 while the stock has collapsed.
Still no new permanent CEO. Perhaps they are in buyout talks and therefore no point in getting a permanent CEO. A buyer should obviously consider the large and growing awards and bookings backlog instead of basing the purchase price on current revenue. A larger buyer with significantly larger sales and marketing teams and industry relationships can really take advantage of the tech / IP from VSCP and expand their market share rapidly.
Yags, Birds, Berry and all the old VSCP diehards: I think this article did even more than the annual meeting to spike the stock in the last few days, actually starting on Friday's session.....and Yags,I agree, it probably was an info leak....but, this time a good info leak!
I have never seen a more effective national VSCP news article in the nine years that I have been
a shareholder. Although,, it was somewhat simplistic and did not begin to really tell the essence of VSCP, it was still pretty powerful.
bay....this is the way it USE to be at one time prior to the split......there was always a run up before they released earnings......then, the dreaded collapse happened and it always tanked prior to earnings....so, you have called it consistently.....this thing usually runs up prior to earnings if there is good news.......obviously, the pattern is that there is some kind of leak within the system that allows info to get out to certain people so they can "do their thing"....LOL! : D
Hey Yags, with the spike up over the past 2 sessions along with today's heavy volume
(haven't seen this kind of volume since
the reverse split) I feel some good news is in the wind.