Why hold an annual meeting? So they can ignore shareholder questions and concerns and accuse anyone that questions mgmt of being a daytrader...?
Email Ma and the BOD and ask them where the increased communication is and when the unlocking of shareholder value begins...
And NOTHING about ths on VASO blog, website, Twitter, etc.
Where is the increased communication to shareholders?
Where is the unlocking of shareholder value..?
Im sorry - which Clinton am I conversing with - Bill or Hillary...?
1MM shares is still $160K which is not peanuts based on amount or % of salary. The amount of shares just given to the group is over 1% of OS - not peanuts. It is all even more preposterous when you consider who is on the competition committee, lavk of oversight, and most importantly- lack of transparency on what tbose performance metrics are.
Still waiting for those Netwolves results to boost the PPS so you can unload that bag youre holding?
" It's Peanuts because this company that you keep defending doesn't know what it is doing"
Or worse - they know EXACTLY what they are doing and are counting on shareholders to allow themselves to be Grubered
Peanuts...?!? Its only 1.1-1.3% of the outstanding shares they just gave away for PERFORMANCE when the stock price is sitting at 4 year lows. What does mgmt have to do to raise your red flag?! 1MM shares for 4 year low stock price? Is that how he unlocks shareholder value? Apparently they are just unlocking the insider shareholder value.
2nd quarter is over and no communication. no preannouncement. no giving investors a nod in terms of how the quarter went and how that is shaping up full year 2016.
there has been NOTHING on twitter, blog, or PRs since the beginning of the year other than Lebree's hiring. nothing. dead. where is the increased communication Castle...? YOU specifically committed to it after 4Q15 results.
Ma - where is the unlocking of shareholder value...? you specifically committed to it during last CC. what does it entail? when does it begin? prove you are an advocate for shareholders instead of a puppet to Castle and Lieberman. you have put your money on the line with market purchases - now speak with your title/position.
how do the majority shareholders feel about this continued decline/disaster of a return?
guess the company isnt going to comment about their previous competitor getting purchased and heavy marketing/R&D dollars being funneled into it based on the belief that there is a large, domestic market for ECP. speaking of - how is that JV going?
Certainly is possible - but who and what is their long term intentions...? Anything hete is probably goof for a swing trade if you want to park your money up to several months or more but that is NOT what the company needs long term. I still think there are long term shareholders continually unloading and more than likely - a healthy dose of shares from the Syrbniks through some gifting loopholeloophole that isnt reportable.
There has been a never ending "bottom" that just never seems to exhaust the sellers.
51K shares from CDEL on the ASK at 0.16. Selling continues. Still dont understand someone hitting the ASK at 0.179 the other day for 100K when the sellers have been coming down to BID.
I have given Ma the benefit of the doubt for a long time based on some prevailing politics but he publicly and specifically committed to "unlocking shareholder value" and to date - there has been NOTHING from the company let alone Castle's prior commitment to increasing shareholder communication.
If it brraks $0.04-0.08 it will quickly go to $0.02. If it breaks that range - it would go between $0.008-0.01. That is subpenny.
With the continued selling that already exists in the market -20-30MM shares getting dumped from long term, non insiders would NOT get absorbed on the open market and would cause a panic spiral that could easily breaka penny before a swift rebound. In that spiral situation - there is no reason to buy big when everyone is waiting for the bottom.
You keep using platitudes and innuendo to support your argument ablut buying and selling. The company is doing NOTHING to support the share price and shareholders. NOTHING. Worse, now they are blatantly lying about doing nothingas they are on record last 2 CCs as syaing they were going to "increase communication" and transparency and "unlock shareholver value." Please provide ONE example of eithe of those happening.
I think your legitimacy went out the windown when i put the 500K up on the ASK when you suggested i didnt have the shares i claimed. Need to see them again...?
I was a staunch advocate for the company and will be again IF/WHEN they extend the same professional courtesy and fiduciary responsibility to shareholders. Until then-they will be called out.
Compensation has become farcical with bonuses
BOD is bloated and incestuous
Netwolves has not shown any profitability
Key/most insiders are NOT buying on open market when Ma CLEARLY established the open window (several times)
Worldwide trade shows have NOT produced results on equipment side nor can mgmt even effectively discuss pipeline/ROI from those shows
EECP JV still is not functional enough to provide real guidance
Where is communication?
When does the shareholder value become unlocked?
The stock is beyond depressed. It has seen several areas 9f capitulation. What i was referring to with a "final capitulation" is when the real long termers ( that bought before the drop to a penny and/or specifically.in the 0.04-0.08 channel) sell and move on. There will be no ability for demand to keep up with supply and it will be a race to the bottom. If that next level happens - the stock wouod lukepy go sub penny before rebounding. If the goal was t9 take the company private - it is advantageous for the insiders to let the stock sink as low as possible. They cant "purposely" drive it down but they can selectively neglect shareholders until they finally give up and move on. BOD and upper mgmt are making $500K/year in cash while still giving themselves free shares and a larger controlling interest. They can out wait most long termers if that is their ultimate goal. It has already been made crystal clear this BOD is NOT an advocate for outside shareholders and there hasnt been enough outside interest to remove them or to demand a seat.
So now the most positive thing that can be said about the company is that "they're not out of business "....?
I got a chuckle out of that but have to ask - how would one even know...?
"The people running this company are fully aware of reality and legality, and they're virtually immune to intimidation. "
They are so fully aware of reality that neither Castle nor Lieberman are willing to invest in the new entity. They will take the free shares and ridiculous BOD compensation (and why not when you are the competition committee) but refuse to show ANY confidence in the compang where it REALLY matters. That is the only "reality" the market is concerned with.
Brilliant. I replied to resellers absurd point and then replied to my own post as a folliw up and only the reply to the reply posts.
I never said nor implied VASO going bankrupt. Period. However I have said prior and then in the post that didnt post that they could wait for complete capitulation of the stock price and THEN take it private and either sell to a larger organization or take it back public in the future. It would have a similar effect of going bankrupt wrt to stock price but they are nowhere near bankruptcy. That being said - they were significantly better off on a balance sheet perspective with cash and debt prior to Netwolves. While they gained substantial revenues - there is nothing jn prior 2 Qs since to suggest they are/were profitable revenues. The couple hundred thousand change in net income could have been cost cutting or fractional gains in GM.
If Netwolves was such a greatgreat move - why have neither Castle nor Lieberman put ONE DIME into the new entity since the buyout...?!? They know better than anyone on the BOD what the new entity would be capable of.
You still have NO answer for that . And neither does the company.