I sold my commons shares some time ago, putting the money into venture capitalist firm TINY which invests in nanotech companies.
I remember from my former LightPath Technologies investment where LPTH's warrants (LPTHW and LPTHZ) soared to over a hundred while the common share price achieved only the 70 mark. So warrants, if they work, can become a very profitable vehicle.
I didn't wanna sell my VNWC common shares, however, my want to get invested in nanotech was stronger. I feel the split in my investment gives me two strong possibilities at doing well. And until the IPO market gets hot again and position trading achieves better odds, pretty much all I'm doing is looking for a couple of good prospects. And I think TINY and VNWC well fit the bill.
By the way, I don't think MoneyLine, even with its cheap .60 per share issuance, has any intent on selling those shares cheaply. How come? Because it wouldn't have insisted on controlling VNWC's board of directors were it intending on selling those shares near-term. I think Moneyline's looking for long-term growth from VNWC and that both VNWC's management and the new investors want the company healthy and trading back onto Nasdaq.
Anyway, good luck on the mutual fund(s). Between the two, however, I think the VNWC investment is more exciting; that mutual funds are boring. And, of course, what good is making money if you're not having fun doing it--lol! |
