Versa Tech USA (fka VRST)

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HopelessDude Free

09/30/14 3:07 PM

Post #358

Hi,

Is this the end of VRST? Can anybody please tell me what should I do with all those shares I have? Is it time to declare it worthless and take the loss or is there a still little hope?

That Steve Krakonchuk made me ruin my life savings into this worthless company of his. Anyone knows his whereabouts?

Who is Joseph Arcaro? He seems to have the VRST reinstated last year?

Any help/comments are appreciated.

Renee

06/07/13 9:36 AM

Post #357

Re: #327: @Renee - VRST: SEC Suspension:

VRST revoked:

http://www.sec.gov/litigation/admin/2013/34-69714.pdf

ash111

06/07/13 9:35 AM

Post #356

Re: #355: @lucky, mydog - that didn't take long.

YEP

lucky, mydog Grandfathered

06/07/13 9:34 AM

Post #355

Re: #354: @ash111 - Jun 7, 2013

that didn't take long.

http://www.sec.gov/litigation/admin/2013/34-69714.pdf

ash111

06/07/13 9:28 AM

Post #354

Re: #353: @lucky, mydog - suspension is now over. vrst is on the

Jun 7, 2013
VRST
VersaTech USA Common Stock Grey Market Revoked

lucky, mydog Grandfathered

06/06/13 12:44 PM

Post #353

Re: #351: @ORCA - UPDATE:READ WHAT HAS TO BE DONE FOR VRST:THIS

suspension is now over. vrst is on the grey market today.

ash111

06/06/13 5:38 AM

Post #352

Re: #351: @ORCA - UPDATE:READ WHAT HAS TO BE DONE FOR VRST:THIS

thanks.do u think VRST will go forward?

ORCA

06/05/13 9:09 PM

Post #351

Re: #350: @ash111 - Thanks for your info.

UPDATE:READ WHAT HAS TO BE DONE FOR VRST:THIS POST BELOW IS FROM THE MAIN INSIDER OF RDXM.READ THE UPDATE THAT WAS POSTED TODAY ON RDXM BOARD.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88685609
bb72mo
Wednesday, June 05, 2013 6:32:25 PM
Re: swampyankee post# 4468

Post # of 4471

Ben,

Thanks for keeping in touch and the support you always give.

It has taken several days to sift through the information provided to me and a proposed settlement agreement with the SEC.

No matter what we do, it is in the best interest of the shareholders, you can be sure of that.

As it sits they have suspended trading for not getting the filings current. What really exasperated the problem, is the fact they sent mail the Silverdale address and none of it was returned to the SEC as undeliverable, addressee unknown etc. This would have probably ended with a different short term result, but a still more costly and time consuming result for the shareholders.

I have been trying to bring the filings current, with little or no support or co operation from the old management. This in turn has forced me to re construct the financials for the last 8 years, but specifically 2005 and 2006. These records were under the old management control and despite repeated attempts to get them, they never provided them.

When the litigation ensued, everyone plays games and sometimes it is better to attempt to throw others under the bus when it comes to defending your actions. Human nature is what human nature is.

After carefully consulting with the SEC, it will probably be in the best interest of the shareholders to enter into a settlement agreement with no admission of right or wrong and specifically barred from either party calling or referring to it as a victory.

If we enter into the agreement, we take what is called a “time out” for layman terms. We then file the past 2 years financials and refile the registration and once we do this, we are back trading after 60 days.

It does not take a rocket scientist to see the cost benefit of doing something like this. I have been provided a list of other companies that were in this position and they were back trading in 5-12 months depending on how complex their finances were.

Nothing changes from a day to day point of moving the business forward. It takes a huge workload off my back and I have everything I need in my possession to bring the filings current and no longer depend on legal action to recover it.

I will finish review the paperwork provided to me just yesterday and will make a final decision and will be posting an update on the website.

I really do not give shit about some of the posters. One is a pedophile, one a drunk and the other a ghost writer for a worthless lawyer that could not hit his ass if it was in front of his nose.

I am sorry for the revocation, but will move heaven and earth to get it resolved. The nay Sayers can banter about, but I am coming after them one by one and will make their lives a financial hellhole.

Brad Goodspeed and i approve this message

ash111

06/01/13 3:34 PM

Post #350

Re: #349: @ORCA - VRST,JUST AS I HAD CALLED RDXM THAT IT

Thanks for your info.

ORCA

06/01/13 12:56 PM

Post #349

Re: #348: @ash111 - the good news- stil trading on the grey market

VRST,JUST AS I HAD CALLED RDXM THAT IT COULD GET HALTED,FOR NOT FILING REPORTS,I HAD CALLED IDCN,AND PIPI.THEY ALL GOT HALTED WITHIN TIME AFTER MY CALLS.NOW WHY I POST THIS???BECAUSE
REVOCATION ON VRST DEPENDS.IT COULD TRADE IN THE GREY FOR A LONG TIME.
TO GIVE AN EXAMPLE AS TO WHY.BOTH IDCN AND PIPI STILL TRADING IN THE GREYS.FOR YOUR INFO PIPI IS TRADING IN THE GRAYS AFTER SUSPENSION FOR TWO YEARS NOW.AND THE IDCN FOR OVER A YEAR STILL TRADING IN THE GREYS,AFTER SUPSENSION.AND RDXM IS NOT A SCAM AS THESE TWO WERE.RDXM GOT HALTED THE SAME TIME VRST DID.SO ALL DEPENDS.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64040083
TAKI
Wednesday, June 08, 2011 5:02:12 PM
Re: greedy__malone post# 57982

Post # of 66987

Is this next one for SEC to Halt???Way overdue if you ask me.The other got halted.But this one with the Pos Scambag CEO, that keeps scamming investors with misleading PRs for so many years??
Unreal how this Scammer CEO keeps on going

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64025981

TAKI

Wednesday, June 08, 2011 1:10:30 PM
Re: None

Post # of 22481

I WARNED HERE SEVERAL TIMES.THAT THIS COULD BE NEXT WAY BACK IN OCTOBER.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55706143
TAKI Share Tuesday, October 19, 2010 1:42:22 PM Re: None Post # of 13811

Boys,the SEC is Halting Companies,and ones that you never think of.Becareful this is Not next.

ash111

05/28/13 8:33 AM

Post #348

Re: #347: @lucky, mydog - maybe, maybe not. if it doesn't have the

the good news- stil trading on the grey market

lucky, mydog Grandfathered

05/26/13 6:58 PM

Post #347

Re: #344: @ash111 - will trade again,imo

maybe, maybe not. if it doesn't have the registration revoked upon suspension end, it will trade on the grey market. no mm's making a market. no bid or ask.

ash111

05/26/13 12:02 PM

Post #346

Re: #345: @Renee - And a howdy-do to you as well, Ash.

Thanks Renee.

Renee

05/26/13 9:48 AM

Post #345

Re: #343: @ash111 - hi Renee, i see 3 new filings http://www.otcmarkets.com/stock/VRST/filings

And a howdy-do to you as well, Ash. Very recently another stock that was suspended for Financials delinquencies filed all delinquent Financials, but the Admin Law Judge has made an Initial Decision to revoke the stocks registration anyway.

Integral (I-Hubber) posted that the SEC seems to prefer that a suspended delinquent filer apply for a new registration if / when they do file all delinquent Financials. That means that the current stock registration gets revoked wherein current shareholders of the revoked stock lose their entire investment.

Please read the following linked post to see the gravity of VRST's situation even though the company has attempted to become current with their Financials.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88233381

ash111

05/26/13 7:18 AM

Post #344

Re: #336: @lucky, mydog - i just don't understand why.

will trade again,imo

ash111

05/26/13 7:16 AM

Post #343

Re: #339: @Renee - I was offline for a few hours, Willforeall.

hi Renee, i see 3 new filings http://www.otcmarkets.com/stock/VRST/filings

and SOS reinstatament from jan 2013:
https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=GqYrYTwibPU9AuHCSKocaw%253d%253d&CorpName=VERSATECH+USA

ash111

05/26/13 7:14 AM

Post #342

Re: #340: @WillForeall - Ok thank you Renee! Guess this company will

we had 3 filings since May 13, 2013:

SEC Filings
Form Type
Received
Period Ending
Size
Report
10-K/A May 20, 2013 Dec 31, 2012 577.0 KB PDF RTF HTML XLS
10-K/A May 13, 2013 Dec 31, 2012 217.1 KB PDF RTF HTML XLS
10-K May 13, 2013 Dec 31, 2012 217.0 KB PDF RTF HTML XLS

lucky, mydog Grandfathered

05/25/13 12:58 PM

Post #341

vrst now on grey market.

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

WillForeall Free

05/22/13 12:30 PM

Post #340

Re: #339: @Renee - I was offline for a few hours, Willforeall.

Ok thank you Renee! Guess this company will have to hurry themselves up if they want to continue

Renee

05/22/13 12:24 PM

Post #339

Re: #330: @WillForeall - Renee what is your take in this? Thank you

I was offline for a few hours, Willforeall. As Lucky Mydog posted Versa Tech hasn't posted Financials since 2005. The SEC Admin Law Judge has quickly revoked over 774 Suspended stocks in the last 3 years when those SEC Filers were extremely delinquent in filing Financials.

Versa Tech USA has about 2-4 weeks to file all delinquent Fins or VRST will be a revoked stock. Readers may refer to the following I-Hub board post for corollary evidence:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86425208

Excerpt from the Admin Proceeding, red hilites mine.

8. VersaTech, Inc. (n/k/a VersaTech USA) (“VRST”) (CIK No. 933954) is a Nevada corporation located in Malibu, California with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). VRST is delinquent in its periodic filings with the Commission, having filed only one periodic report since it filed a Form 10-QSB for the period ended September 30, 2005, which reported a net loss of $108,631 for the perior nine months. As of May 20, 2013, the common stock of VRST was quoted on OTC Link, had four market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-
11(f)(3).

WillForeall Free

05/22/13 12:03 PM

Post #338

Re: #337: @lucky, mydog - the best that you can hope for is

Thank you lucky,mydog for letting me know this.

lucky, mydog Grandfathered

05/22/13 12:01 PM

Post #337

Re: #334: @WillForeall - Oh ok, will let's hope for the best here.

the best that you can hope for is that before the suspension ends vrst either reaches an agreement with the sec or files all delinquent filings. that would avoid revocation of the registration. it would then at least continue trading even though it would be on the grey market.

lucky, mydog Grandfathered

05/22/13 11:57 AM

Post #336

Re: #333: @ash111 - no question,i just don't understand why.

i just don't understand why.

It appears to the Securities and Exchange Commission that there is a lack of current and
accurate information concerning the securities of VersaTech, Inc. (n/k/a VersaTech USA)
because it has filed only one periodic report since the period ended September 30, 2005.

http://www.sec.gov/litigation/suspensions/2013/34-69617-o.pdf