The shareprice would be a lot higher if those vends weren't done, for those worthless tenements.
I would love to hear the justification in front of a judge behind those acquisitions, totalling 10's of millions $$!!!!!
Some reasons to prove those vends were duds and a disfavour to shareholders:
1. No valuations done
2. No deals following their acquisitions (although it was urgent, lol)
3. Terrible Uranium counts reported
4. The YRR Shareprice tumbled on each vend, lol.
5. Professor Chan came and went - don't blink an eye! lol.
6. All vends were Related Party transactions
7. NO other Co. has shown an interest to date.
The "big picture", Vautex, now only boils down to be one
thing: A YRR Secutities Vending Machine.
Us poor sucker holders just keep topping the machine up with our hard earned moolah so the vend recipients can cash in.
We have been keeping the co. alfoat so management can do their hard work - problem is that this work has clearly revolved around nothing more than all these vends and acquisitions, quarterly reporting, annual meetings, special meetings to pass the vends. They are not interested in getting the price up by reporting results, but are happy to go ballistic when it comes to completing related party transactions by prostituting an asset which we should have done a deal on by now.
Goodluck to management, whoever that might be..?? Maybe, just maybe we'll be fortunate enough to benefit from one more tenement acquisition, to work more magic for the SP.
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