Vanteck (vrb-cdnx, vttcf) Message Board

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Technology Stocks : Vanteck (vrb-cdnx, vttcf)

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To: Joe Pincus who wrote (115)	8/16/2003 1:26:27 PM
From: Joe Pincus	Read Replies (1) of 413

Things have come a good deal further since my last post. VRB Power is now trading at $0.52 (C). In general the volume has been good and it seems as if the shares are going into stronger hands. I like the way the stock is gradually creeping up in price. The Federation block has long ago been taken out about $0.20(C). A group of investors has given VRB Power a letter of understanding for $20,000,000(US) to back their attempts to land some big contracts. This is non-dilutional to the stock. Soon a new management team will be in place that should be able to take the revolutionary technology to the commercialization phase. If some people are willing to fund this company to the tune of $20,000,000(US), the equivalent of the market cap of VRB, the they must be pretty sure of the outcome. I still believe that VRB is a buy even at current levels. When reviewing the recent performance, VRB is up 500% since the first of June. I feel it still has much more upside. Joe

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