VXL
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0.00% 11.5¢ valence industries limited

Ann: December 2015 Quarterly Activities Report and Appendix 5B, page-12

  1. m0ngy
    10,075 Posts.
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    11/02/16
    10:11
    Post #: 16992658
    They have a high interest debt, still growing rapidly, to Chimera. The loans were made when it was obvious that VXL was not going to be able to repay them. Chimera has aggressively positioned itself to be a major player in the future of the company, the future of VXL share holders is less clear.
    VXL Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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