Mar. 6 at 6:36 PM
$VGLS cost of audits :
$10,000 (for a very small private company) -
$25,000 (for a more complex OTC ticker).
And that’s per year.
Multiply by 4 years :
$40,000-
$100,000.
Add the annual pink current fee of roughly
$10,000 and compliance costs (financial reporting, filings, regulatory filings, legal fees etc) which can be anywhere between
$30,000 (extreme lower end) to
$150,000 (extreme higher end for this ticker) you have like :
A. Shit. Load. Of. Money. Total.
Paying all this money per year for a ticker that can’t dilute and hasn’t diluted in like a good 2-3 years, now…and has been under scrutiny by the sec and a federal judge.
Even though this shit is taking forever, there’s no amount of bearishness that can convince me that there’s not money to be made over here.
They say mercury is in retrograde till March 20th. That means everything kind of stays still. No movements, no nothing.
Hope we get some god damn movement before the end of March.