Ann: Response to ASX Query, page-28

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bageo1

213 Posts.

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02/10/18

13:58

Post #: 35965410
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Originally posted by Scarpa ↑

Originally posted by xsol
https://www.copyright link/business/bankin...alls-from-the-microcap-frenzy-20180309-h0x9xa

Everblu was the company that put out a report that Vic would hit 6c! What a load of BS. They are all part of the same gang so beaware of Everblu reports too IMO!
Dyor.
It is pretty obvious why this is not trading. The latest CR and acquisition (and I presume the monies for the acquisition would be funded from the CR) is because of Everblu who was probably where the CR would have been arranged/come from. They are running for a plan B and I doubt they are finding it. A clean out of the Board is required. I have a small investment here - lucky - but have added these Directors to companies I will not invest in if I read these Directors are on those board. Will it relist again, I hope so, so I can claim these losses against future gains.

With a new Board this might turn around given the resource potertial - the only real hope here is that if they are able to secure a CR from another player - assuming it was Everblu who would have been involved in the initial CR - that the new funder demands a seat on the Board and new Board members.

The more likely outcome, if funding is attained is that it will be a convertible note and that will be problematic in itself or funding won't become available and this goes into administration. Hope I am wrong, but anyone wanting to give money to VIC under a CR would be highly cautious of certain members of this Board IMO given the ASX pursuit of companies they are also involved in outside VIC and VIC itself.

All IMO IMO IMO

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Pilot: “Tower this is VIC seeking an approach vector”

Tower: “VIC please hold your current altitude and vector, while we investigate a technical issue”

Pilot: “Recieved Tower, please be advised we are running low on fuel”

Tower: “Recieved VIC, understood. Please continue to hold and we will come back to you”

Pilot: “Pan-Pan”

We are all passengers now with no control, let’s juts hope they can land this thing and not drive it into the ground. Brace position everyone!!!

VIC Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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Ann: Response to ASX Query, page-28

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