Currently $4 31/32 x $5. This miniscule(spelling?) spread combined with absolutely paltry volume signifies to me that buying(and selling) have dried up. Clearly those interested have either bought all they want(me for instance), and at their buy target's, too, OR are on the sidelines waiting on VLNC to adhere to their publicly committed to statement of June 30th limited mass production.
So I can understand L.D.s need to focus on meeting this commitment. However, he's also on record committing to more timely "warm & fuzzy's," too. This he has not done. Indeed, I STILL haven't received so much as a return voicemail from David Archibald. Now perhaps all of this is because they're coming down the home stretch and don't want to be distracted with extraneous(to them) phone calls. But their inability to adhere to prior public pronouncements(LD's "more communications" comment as the most recent example) and DA ignoring my callback requests doesn't indicate, to me, an efficient managerial structure. Indeed, if anyone in my corporate hierarchy ignored calls from clients(and yes, shareholders are clients) I'd have their rear-end on a plate. Ahem.
The bottom line is we'll know soon enough, eh? After all, June 30th ain't that far away, is it?
John~ |
