Moneytax has come up with an answer to our problems.
Why would the board look to sell the company before at least attempting another raising.
VCR still only has about 300 million shares on issue.
Vijay Kakani obviously thinks he has the companies best interests at heart by canvassing support for his ideas, but whether his ideas are realistic or not, well, the jury's still out on that.
We really know nothing about the proposed directors nominated or their expertise.
I mean who are these people? What are their qualifications? Are they capable of running a sophisticated company?
Its one thing sending out bits of paper to shareholders with mimimal information and another thing voting these same people to run a company.
VCR Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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