VMS shares

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What do you think about this shares

http://www.otcmarkets.com/stock/VRSYF/quote

I can buy these shares for 1,3-1,4

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  1. Ray Silvester
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    2nd June 2016 at 12:34 pm
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    It’s OTC (un-listed, private company) making orthopedic seat cushions (very sexy!).

    Look on Yahoo Finance.

    Look at mkt cap (S1m), revenue, profit etc.
    Also historical prices (lots of zero volume days and a few large ones indicating possible pump & dump?
    Unless you know something about the company I would leave well alone.
    What do you think of them?
    Further to this subject (OTC stocks) it is worth having a look at the OTC website: http://www.otcmarkets.com/home
    Most brokers will not deal in OTC stocks with prices less than 1c or assigned to the bottom three US OTC Market Tiers.
    This is sort of interesting but search for OTC Tiers for more info.
    The top tiers are OTC QX, OTC QB, US Registered (FINRA) and Pink Sheets (Current Info). Below these are another four tiers (sometimes called OTC Other, I think.
    Now bear in mind that OTC is a lot worse than listed so the top four tiers are only, at best, the best of the rubbish.
    Prices may be indicative (no market makers) and therefore vulnerable to manipulation.
    Liquidity may be a problem. You may be able to buy as many as you like, but will you be able to sell them?
    Only for the brave!

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