VXL 0.00% 11.5¢ valence industries limited

Ann: Corporate Update, page-21

  1. 10,075 Posts.
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    raider you demanded my evidence that the company was likely unprofitable and i gave it to you, cost of production $700 and asked you to find any other company worldwide with such a high COP. I'm still waiting for your response. And I reiterate that no one will buy from them no matter what the price, relationships are essential to get continuity of supply, impossible with insolvency hanging over them. It's lights out VXL, just a share price collapse to 1 cent away. I'd put this as risky as SER with the Ionic IPO, both basket cases in my opinion.

    DYOR my opinion only but i am usually right.
 
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