|VRSYF Chart Since May 25, 2016|
In spite of several claims of acquisitions and new international offices that were obviously spewed in support of the promotion effort, the company maintains a bare bones operation, if any. Within its recently released financials, the company reports nine month earnings at just over 38 grand in Canuck bucks. Tangible assets appear to be worth about $5K with no cash in the bank. However, the company is quiet adept at printing paper. The number of shares outstanding has increased 420% since October 31st and almost 500% since May.
Using the blueprint followed by so many penny stock scams like it, we expect VRSYF to pick up the pace at which it churns out stock certificates and the share price to drop into the subpennies in the not-so-distant future.