Valmie Resources: Two Guys, One Drone And A 150M Market Cap

Bart van Velzen   23/04/2015  

http://seekingalpha.com/article/3094096-valmie-resources-two-guys-one-drone-and-a-150m-market-cap

(for Seeking Alpha Pro subscribers only)

Summary

* Stock promoters have pumped VMRI to a 150 million market cap;

* Yet the company has only 2 workers, 5k in cash and 350k in liabilities;

* Major shareholder has ties to previous pump and dump;

* New shares being issued 96% below current share price;

* VMRI has almost unlimited downside;