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.
"The major point is why does somebody on this BB have to tell us about such a bullish event. "
This has consistently been a major issue/gripe for shareholders. Limited to no exposure. The complete lack of attention to the stock price in light of tsome of these seemingly positive events has given credence to the ixea of taking the company private and then going public again. Castle has experience in that
What has mgmt communicated since Ma made that statement in reference to the direct question?
Where is executive alignment relative to that value with respect to insider buying?
Where is the confidence of Netwolves acquisition in respect to TRUE guidance with 2016 #s?
We've had one of the 0.5MM volume days. Probably going to take a couple more to get a true bottom. As far as the upside - i referenced that earlier. We are almost half way through the year and still NO CHANGES in mgmt compared to communication and transparency. Market is still waiting to see what NW acquisition has really brought to VASO. So far it has only been revenues and a depletion of cash. No real impact on bottom line. Since mgmt isnt actively discussing the impact or willing to instill any confidence into its impact through guidance or buying shares - why shoukd investors...?
over 50K shares available at 16.5 cents and under. none are mine. still plenty of shareholders unloading at firesale prices. reseller - why not hit that ASK and scoop those up before someone else does since you believe there is such value in the short term...?
still nothing from Ma/company about how they plan on unlocking shareholder value. is letting the price tank back down to Syrbnik takeover pricing the goal and then setting the measuring stick back at $0.04-0.08 and then patting themselves on the back when they get back to $0.16 for doubling/quadrupling the share price?
what about more communication that Castle promised in 3Q CC in 12/15? where has that taken place?
NW contributed little to bottom line again in 1Q16. when will company get some stones and put real conviction behind some guidance? if NW acquisition is so positive - why not pin some numbers to it? further and more obvious - why is there STILL no insider buying of anything appreciable?
Reseller and others act like it is a good thing that long term shareholders no longer see this as the best option for long term gains. THAT is simply what is wrong with mgmt attitude towards investors in general.
This stock could easily be over a buck by year end. However, it more than likely will struggle to get out of the 20s due to all of the overhang and loss of long term shareholders being replaced by short term investors all looking for the "big run".
Since I still havehave the majority of my shares - Im not concerned either way
It is stuoid cheap IF the model is sustainable and IF the company was able to articulately express HOW they are going to maintain them. So - far - that hasnt happened. Company severely discounted the importance of EECP to the long term shareholders and rather than addressing is specifically - they tried to soft sell/ignore it. They have lost the trust and benefit of doubt and that is why they are getting no multiple let alone a premium. I sold some today. I knew I was selling at the bottom. However - after the CC and volume - i feel i have plenty of time to get back in near current levels should i decide to buy those shares back. Bottom line - i can do much better elsewhere and have immediate opportunity. VASO mgmt has still shiwed no sense of urgency wrt stock price/shareholders. With their compensation and cash flow - they dont need to. I still holding the majority of my shares but how many other shareholders are in a similar position where the opportunity cost to hold and wait becomes restrictive...?
I wasnt on the cc due to a meeting. Bowever-one only needs to look at the trading action to understand it was another useless CC...
Tfitz - that 250K buy order at multi year lows is someone who will be dumping it right back at 17 or maybe 18 depending on volume when people like you think "this time it is getting ready to run". Thise are NOT long term buyers. If anyone wanted to accumulateright now they would eviscerate the ASK and take the cheap shares being offered before someone else came to the same realization. From that price to 17 or 18 is a 13-20% flip which is right in the wheelhouse for a short term trader (not a day trader).
Company is "on track" for 3rd consecutive year of profitability, on pace to do $70-80MM in revenues, and they cant convince the market they are worth more than their $25MM market cap?!? Ma should Start THERE with the CC and immediately address unlocking the capital.
Another "solid" quarter and down 7% on well above average volume.
Guess that channel range we have been trading in is getting deeper on the trough side.
I expect nothing different from the CC. Anyone listening should absolutely pepper these guys with questions on
Where is the increased transparency/communication
Where is the unlocking of value. Numbers above on the opening speak for itself
Tell them straight up the strategy is NOT working for shareholders or Wall Street