Allstocks.com's Bulletin Board: VRMD...Am I alone on this one?

This is topic VRMD...Am I alone on this one? in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by Az...Cats on :

What's goin on with this one? bought in at .018-.019. I'm in till the end of August. I'm going on the last PR that was put out. Will we see that .07 they say its worth?

Posted by gmoney on :

just pick up another 35K earlier

Posted by Az...Cats on :

quote:
Originally posted by gmoney:
just pick up another 35K earlier

I hope we see a little juice in the next couple weeks!! You get in at .013 or .0125? Good buy!! If I had some cash free, I would buy more in a heart beat. Good luck!

Posted by gmoney on :

quote:
Originally posted by Az...Cats:
I hope we see a little juice in the next couple weeks!! You get in at .013 or .0125? Good buy!! If I had some cash free, I would buy more in a heart beat. Good luck!

.013 --- why do you think it's down here?

Posted by Bigrod40 on :

What about us poor suckers that jumped in at .04?????

Posted by Az...Cats on :

quote:
Originally posted by Bigrod40:
What about us poor suckers that jumped in at .04?????

Ouch...you got to be kidding!! Well, when it pops to .05-.07 your portfolio will be looking better. It seems they are trying to rebound. .04 man!! TSBB hurt me as it hurt you here.

Posted by Garfield1981 on :

Why do you think it can bounce back to .05+?
When will this happen in your opinion?
Thanks.

Posted by gmoney on :

quote:
Originally posted by Garfield1981:
Why do you think it can bounce back to .05+?
When will this happen in your opinion?
Thanks.

Vision Real Estate Management and Development Announces $8 Million Sale of Assets and Dividend
6/28/2004 9:11:00 AM
ALBANY, N.Y., Jun 28, 2004 (BUSINESS WIRE) -- Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD - News) today announces it has closed on the sale of 90% of its three real estate subsidiaries (Visions One Management Group, Inc., Capital District Property Investors, Inc., Future Capital Investments LLC) and 90% of its trucking subsidiary, DJ Transport, Inc. for a purchase price of $8,000,000 in the form of a secured five year promissory note from Nieves Management, Inc. of Albany, NY.

In addition, the remaining 10% of both the combined real estate companies and DJ Transport will be passed on to the shareholders of record, as of August 15, 2004, in the form of a stock dividend. For every one share of VRMD owned, shareholders will receive 2 shares of the combined real estate companies and 3 shares of DJ Transport.

"The sale of the above assets gives Vision Real Estate Management and Development, Inc. a book value of over $.07 per share," states Daniel J. Duffy, Vice President of VRMD.

"The sale of these assets is one of the final steps needed in order to close on the pending acquisition of MEM Financial Solutions, Inc., a $45 million mortgage company," stated Donovan Rhoden, President and CEO of Vision Real Estate Management and Development. "In the upcoming weeks, our shareholders can expect to see a vast array of changes, including a name change, symbol change and a change in the management structure of our company."

Forward-Looking Statements the private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.

SOURCE: Vision Real Estate Management and Development Inc.

Vision Real Estate Management and Development
Daniel J. Duffy, 518-438-8100 ex 303
Fax: 518-862-9247
HTTP:/WWW.VRMDCORP.COM

Posted by Garfield1981 on :

Any comment why it tanked so much?
Sorry, I am new to this.

Posted by Az...Cats on :

Not sure why it has been heading downward lately. That PR is what sold me though. Guess I just bought in a bit too early.

Posted by Garfield1981 on :

Thanks. Good luck everyone.

Posted by WWJD-thru-me on :

Been in this a while. I also bought in higher. I think if it truly has long term value we will be fine. If it is a P & D we are the new bagholders. I am hoping they are good but the share price is totally tanked. That would be this stock and almost the whole OTC and pinks. I am not sure if Naked shorting is part of what is going on with this stock in particular but I would say I think there is a ton of it going on in general. GLTA-DD-IMO-Debi

Posted by gmoney on :

quote:
Originally posted by WWJD-thru-me:
Been in this a while. I also bought in higher. I think if it truly has long term value we will be fine. If it is a P & D we are the new bagholders. I am hoping they are good but the share price is totally tanked. That would be this stock and almost the whole OTC and pinks. I am not sure if Naked shorting is part of what is going on with this stock in particular but I would say I think there is a ton of it going on in general. GLTA-DD-IMO-Debi

This is a great stock and I agreee it seems everything is tanking nowadays. More people need to express their concerns with the SEC. I'm in VRMD @.02 and .013 and looking for at least 200%

Posted by Az...Cats on :

Lacks volume big time!!

Posted by FurrySound on :

And down it goes... any reason?

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

Posted by FurrySound on :

Sub penny... .009/.01

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

Posted by Az...Cats on :

Big ouch!! Just have to laugh now

Posted by gmoney on :

what sane person would sell at these prices? It's being shorted

Posted by gmoney on :

someone have L2 for this pinkie?

Posted by Az...Cats on :

I'll just put it on the crap side of my portfolio with QBID and TSBB. Adding VRMD to crap side as we speak. I guess I will be alone on this one after all. Arg!!!!

Posted by gmoney on :

great buy at this level ... dividend soon

Posted by Az...Cats on :

Any ideas to what the 10% dividend will amount to once thrown towards the shareholders. 1 share here one share there. Any ideas what the PPS will be on these shares. They say its worth .07. I don't see them throwing us .07. Everybody would be in if that were the case. Seems the PR was a bit shaky on the -to the point note- think I might just purchase a few more shares.

Posted by realperson on :

Look at the L2's on this thing
super big gap between the ask and Bid
thats allways keep me out

Posted by kbpkt on :

I'm along for the ride now. Just got in at .008.

Posted by L Cypher on :

I really don't understand. Supposedly VRMD recently reduced their A/S, sold a portion of their business for a good chunk of change and now they are giving shareholder's part of that in return. Now their stock is at the lowest level ever.

Can someone who is following this please explain tyhis to me ???

Thanx - Lou

Posted by Upside on :

Az,
This is pulled from the dividend p/r of 6/28/04:

"In addition, the remaining 10% of both the combined real estate companies and DJ Transport will be passed on to the shareholders of record, as of August 15, 2004, in the form of a stock dividend. For every one share of VRMD owned, shareholders will receive 2 shares of the combined real estate companies and 3 shares of DJ Transport."

Looks to me like for every share of VRMD you own you're going to wind up with 5 additional shares of two other companies, 2 of one and 3 of the other. No way of knowing what they'll trade at though if at all.

Posted by osubucks30 on :

I'm in!

Posted by osubucks30 on :

I think the MM's are glad people are selling. They are getting shares at .007! If there is a good PR with high volume I think they will let it go.

Posted by kbpkt on :

This is the main reason I bought this stock...
http://biz.yahoo.com/bw/040601/15791_1.html

After an announcement like that, I can't believe I got the opportunity to buy at the 52 week low. I can not find any reason why this stock is trading where its at.

Posted by FurrySound on :

quote:
Originally posted by kbpkt:
This is the main reason I bought this stock...
http://biz.yahoo.com/bw/040601/15791_1.html
After an announcement like that, I can't believe I got the opportunity to buy at the 52 week low. I can not find any reason why this stock is trading where its at.

Mid-August run LOL... good to get in while it's this low.

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

Posted by kbpkt on :

The volume on this is dead today. The volume on a lot of the stocks I watch is dead right now.

Posted by FurrySound on :

quote:
Originally posted by kbpkt:
The volume on this is dead today. The volume on a lot of the stocks I watch is dead right now.

Agreed.

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

Posted by osubucks30 on :

Volume is actually higher than normal. Look at the charts.

Posted by osubucks30 on :

seen .0085 for a while. Hopefully this will be back over a penny shortly.

Posted by Bigrod40 on :

Come on Duffy and Gang lets have one of those FAMOUS FRIDAY PRs.
Want to order Chinese tonight...

Posted by Upside on :

originally posted by Bigrod40:

quote:
Come on Duffy and Gang lets have one of those FAMOUS FRIDAY PRs.
Want to order Chinese tonight...

Pretty lofty goals there Bigrod! Gotta make enough to cover tonights Chinese food! LOL!

Posted by Bigrod40 on :

Oh well nothing yet Upside,
Looks like tomatoe soup and peanut butter sandwiches for the kids.
Maybe next Friday...
Have a good weekend everyone
Rod

Posted by lingo on :

UPSIDE is this going up?

Posted by booboo on :

Nice movement today. Up 25%. Folks are starting to cover for the divendend!

Posted by stockvapor on :

You're not alone AZ Cats.

I posted VRMD back around July 1.
I have alot of this. It just makes sense it can't stay low forever. The frickin book value is a 700 percent return. It's just a matter of when it starts climbing, not if. I think it's pretty unknown still, but that'll change soon. This is a very aggressive management team.
Good Luck.

Posted by stockvapor on :

I like this too...
___________________________

April 23, 2004--Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD - News), today announced, Vision Real Estate Management and Development will buy in the open market up to 50 million shares of its publicly traded common stock.

"Based on the revenue and earnings that the real estate, trucking and mortgage divisions are currently bringing into our company, we believe that our stock price is severely undervalued," stated Daniel J. Duffy, Vice President of VRMD. "Therefore, in order to enhance shareholder value, the smartest place to put the company's money is in its own stock."

The stock buy back program will commence immediately. The stock that is purchased in the open market will be cancelled and returned to treasury. Therefore every share purchased by the Company will result in a reduction in the number of outstanding shares.

"A large percentage of the profit from each real estate transaction, as well as the earnings from the Mortgage and Trucking divisions will go towards the buyback of the Company stock," stated Donovan Rhoden, President of Vision Real Estate Management and Development. "The stock buyback program will benefit all shareholders by decreasing the number of outstanding shares and increasing each shareholders percentage of ownership in the Company."

Vision Real Estate Management and Development
Daniel J. Duffy, 518-862-1676
Fax: 518-862-9247
WWW.VRMDCORP.COM

Posted by stockvapor on :

Anyone in doubt about this company's worth, just look at the shares outstanding ( 40 million ), and then look at their projected revenues next year ( 75 million ). Then ask yourself, "Self, if they onlt make 8 percent net profit on 75 million, isn't that about 6 million dollars or about 15 cents per share?"
Then smile....yes that's right. And if this stock traded at at least 5 x earnings that would be.....well? well?

Posted by osubucks30 on :

Up another 10%!!

[This message has been edited by osubucks30 (edited July 20, 2004).]

Posted by FurrySound on :

Quick drop to .008?

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

Posted by gmoney on :

cheap shares here

Posted by WinsumLosesum on :

Vision Real Estate Mgmt & De (OTHER OTC: VRMD) Last Update: 8:18:00 PM ET Jul 22, 2004

Vision Real Estate Management and Development Announces Structural Changes

ALBANY, N.Y., Jul 22, 2004 (BUSINESS WIRE) -- Vision Real Estate Management and Development, Inc. (Pink Sheets:VRMD) today announces a reverse stock split of its common stock. The 400-1 reverse stock split will be effective as of July 26, 2004.

"This is the final step in anticipation of the closing of the merger with MEM Financial Solutions," stated Mr. Donovan Rhoden, President and CEO of Vision Real Estate Management and Development, Inc. "The reverse split is a necessary step in meeting the company's objective of gaining a listing on the American Stock Exchange."

Forward-Looking Statements the private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factorspreviously listed, as well as other factors beyond control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.

SOURCE: Vision Real Estate Management and Development, Inc.

Vision Real Estate Management and DevelopmentDaniel J. Duffy, 518-438-8100 ex 303Fax: 518-862-9247

Posted by Upside on :

Wow, that one really came out of the blue. This company's been putting out all good news then wham, a 400-1 reverse. That sucks.

Posted by booboo on :

So much for holding on for the divedend. This may be a good stock in the future but not for a while.

Posted by Back~in on :

Vision Real Estate Management and Development Announces Structural Changes
Business Wire - July 22, 2004 20:18

SOURCE: Vision Real Estate Management and Development, Inc.

Vision Real Estate Management and Development
Daniel J. Duffy, 518-438-8100 ex 303
Fax: 518-862-9247

Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.

Posted by Back~in on :

This looks just like AFRR now AFRT!!! This stock just dissapointed me in a big way!

But you can still make money on it if you wait it out to .0002 or .0001 or somewhere around there.

Posted by Bigrod40 on :

All I can say is they dont give a **** about the so-called 250 shareholders, no dam news in a month, then this.
Lets all dump our shares, who gives a **** now, its our turn for payback
Drive that ****en price down to .0005 so the shareprice is only worth .20. Then let the AMEX say **** YOU DUFFY AND GANG. You guys are a joke, you dont deserve the prestiage of our stock exchange.
Paybacks a bitch you 3 PRICKS.
JMHO

Rod

Posted by hardboil on :

I don't know about this.

Posted by donb on :

.0035 already, looks like it's going to dump huge today.

A 400/1 reverse split. Hmm... The supply and demand of these types are stocks are not linear, and they shouldn't be treated as such. The stock price will not jump 400 fold just because they reduce the number of shares by 400. This is going to cost stock holders tons of money. After the split, I see the stock falling even farther when investors realize the split didn't equal out.

I might see this as a good buy in about 14 days. Until then, bye bye $$$$.

[This message has been edited by donb (edited July 23, 2004).]

Posted by Bigrod40 on :

Gonna buy 5 million when it hits .0001
AMEX???? BLOW ME DUFFY

Posted by kbpkt on :

quote:
Originally posted by Bigrod40:
Gonna buy 5 million when it hits .0001
AMEX???? BLOW ME DUFFY

I wouldn't if I were you, after the reverse split, you could loose a lot more.

Posted by roger7485 on :

The way I have heard people play reverse splits, is buy post reverse at about 10 am once the stock price has taken about a 95% hit. Then you usually see a mild bounce then dump it and run. I wouldnt recommend anyone ever buy this pos for any reason though. Lying *******s.

Posted by kbpkt on :

quote:
Originally posted by roger7485:
The way I have heard people play reverse splits, is buy post reverse at about 10 am once the stock price has taken about a 95% hit. Then you usually see a mild bounce then dump it and run. I wouldnt recommend anyone ever buy this pos for any reason though. Lying *******s.

That is usually a good way to play it, but this R/S goes into effect Monday. That only gives traders one day to play any bounce before this thing gets murdered. I would expect that this thing tanks even worse on Monday when the R/S goes into effect.

Posted by roger7485 on :

Right kb, thats what I mean, you buy post reverse Monday at about 10 am after the price falls out from under it. Then you sell for a double or triple. But I wouldnt touch it for awhile unless its with fun money.

Posted by Bigrod40 on :

I wonder if the 3 pricks bought a load when it hit .0007, it sure went back upto .005 in a hurry.

By the way Duffy, your boyfriend is UGLY

Posted by kbpkt on :

quote:
Originally posted by Bigrod40:
I wonder if the 3 pricks bought a load when it hit .0007, it sure went back upto .005 in a hurry.
By the way Duffy, your boyfriend is UGLY

Whoever got those buys at .0007 is laughing all the way to the bank. 700% in 5 minutes, not bad.

Posted by lilmama on :

I didn't read these posts until too late. With the reverse split the price is $3 and according to the posts the popular opinion is that the price is going to fall even more?

Posted by lilmama on :

the bid is .45 ask is $3 that is a huge gap

Posted by tic_toc on :

so let me get this right. I had 15,000 VRMD. I bought at around .019 Now I've just seen a new ticker and a 400/1 R/S.
I now have a grand total of 37.5 shares which I can sell for .45 per share.
So my $285 is now worth $16.86.
WOW! looks like somebody got a royal shafting in this deal.

Posted by gmoney on :

quote:
Originally posted by tic_toc:
so let me get this right. I had 15,000 VRMD. I bought at around .019 Now I've just seen a new ticker and a 400/1 R/S.
I now have a grand total of 37.5 shares which I can sell for .45 per share.
So my $285 is now worth $16.86.
WOW! looks like somebody got a royal shafting in this deal.

What a disappointment ... this is BS

Posted by Upside on :

Can anyone tell me what the new symbol is?

Posted by tic_toc on :

VRMV. priced at a lovely $3.00, with 100 traded today. I thought it was my lucky $45,000 break as I had not seen the R/S news. *******s!

Posted by Upside on :

Has anyone tried to sell at the 3.00 price today?

Posted by Love the Market on :

OT: Hi Roger! Hope you're having a good summer! How did your hiking trip go? Me and a whole bunch of the others are still STUCK in CDVJ, but almost everything I would have bought if that POS had gone to .02-.03 are in the toilet too. WHole market's going down, down, down. Wish I had $50,000 to buy a ton of Puts right now.

Good Luck!
Steve

Posted by stockvapor on :

Before the 400/1 reverse split, VRMD said their stock was worth .07 per share.

"The sale of the above assets gives Vision Real Estate Management and Development, Inc. a book value of over $.07 per share," states Daniel J. Duffy, Vice President of VRMD.

So if my math is correct that makes VRMV stock worth $ 28 per share....and it's selling at .51.

This is either the biggest bargain or the biggest scam of the year.

Any opinions?

Posted by kbpkt on :

quote:
Originally posted by stockvaper:
Before the 400/1 reverse split, VRMD said their stock was worth .07 per share.
"The sale of the above assets gives Vision Real Estate Management and Development, Inc. a book value of over $.07 per share," states Daniel J. Duffy, Vice President of VRMD.
So if my math is correct that makes VRMV stock worth $ 28 per share....and it's selling at .51.
This is either the biggest bargain or the biggest scam of the year.
Any opinions?

If I had to lean towards one or the other, I would say scam, but I don't really think it is. Maybe on paper they are worth .07 PPS pre reverse split, but without releasing the financials to show that, the investing public can't verify that. Most people, especially in pinks are not going to value a company at what the CEO believes they are worth. If he makes a comment like that, he must be saying that based on some numbers somewhere, and if that is the case, why not release them to the investing public so we can see it as well? Because they are a pink sheet company, they do not have to release those numbers (if they exist) which is why the PPS does not reflect that statement.