How many times have we seen this on the ASX before? People get...

How many times have we seen this on the ASX before? People get caught up in buying such kind of shares only to watch it disintegrate over an extended period of time. Each time the share price goes down to a new level, then out of natural instinct some faithful and true believers (and some rampers who have interest) among us write hopeful and confidence boosting posts to keep the faith alive. That faith keeps us from selling out.

The slow death of a company like VIL (and many others) is designed to ensure two things;

1. To stretch the period of time as long as possible so directors are able to remain on a fine salary.

2. So mates and buddies make money by way of SI's.

And the people that make this scenerio possible are the rampers and naive share holders.

I hold a lot of shares in this company. The value has now become meaningless. With so many uncertainties, strings-attached situations in the last announcement - all I can say is that they have created an environment for the share price to hit real rock bottom. Two years ago when a lot of people bought VIL at 3cents + they would not have believed the price hitting 0.003 cents. It's now not hard to believe this can get even worse. Yet we will hold and not sell until they bury us.

Regardless of whatever you write and post now, either way it serves the manipulators.