II stumbled into this stock a few days ago. I did purchased some but I do have some questions. The answers to these will determine whether I would sell or buy more:
1. Why there is no movement / volume at all
2. Why the good news of the company not only could not stabilize its stock price but the price keep on slipping despise of the good news...
3. When I search the stock symbol, the search engine told me that VSPC no longer exit and now is called VSPC.BO. Had it been down grade to BO from the main board?
3. The company appears to have only 8 employees... (I could be wrong) how could they have so many focus and products?
4. I could only find things said about the company on what they say they had done and will do... but did anyone know of any real product of the company, its brand names, model #, etc... I also could not find much in terms of the their financial plans, break even and cash flow analyses, burning rate, official earning outlook/forecast, employee compensation/bonuses, marketing plans, customers, major investors, company own intellectual products (to be distinguished from acquired licenses), etc.
5. How long the investors have to wait for the fuel cell business to take off when there are still costs issues (cost too high to made) and legal restrictions on selling such a device (consumer safety reasons)? How soon will the first cartridge be distributed for general consumption and price points?
6. Since the company only makes the fuel cell cartridge, who are making the fuel cells that uses these cartridges and when they will be distributed for general consumption and price points?
7. Does the company's news and PR sounded too good to be the truth for at least in the near term basis? |
