Aug. 21 at 6:12 PM
$VS Rule of thumb, with weak volume p&d's like we saw yesterday (weak as in not close to what respectable p&d's generate), the pps usually falls below the pps from where the p&d started. VS' started at
$2.15, so as I write this, at
$2.08, VS continues to follow all the normal occcuraences after a p&d. The question is, for many of us long time VS p&d players, is will it go sub
$2.00?
Technically, it should be zero. It's a shell company being propped up for a reverse merger with the owner's other company. So, its main product is its ticker itself. Fancy that.
The problem is, if that company, iCaro Media, along with VS' owner Paul Feller, lose their SEC securities fraud case, they will be banned from participating in the public markets.
Then what?
The amount if money those guys have tied upon this is crazy. The reverse merger would likely then fall to Paul Feller's other company Aspis Cyber.
This is the best soap opera stock around. There will be a Grand P&D here. When is the ?
