Long time since we looked at this one- but it came across my radar today with a jump in volume. Perhaps a positve - the company buying back shares.
Up today 3.5 cents to .28 on over 400,000 traded.
Versatile Systems Inc
Shares Issued 120,377,943
Close 2007-11-15 C$ 0.245
Recent Sedar Documents
Versatile Systems to buy back up to six million shares
2007-11-16 16:31 ET - Normal Course Issuer Bid
The TSX Venture Exchange has been advised by Versatile Systems Inc. that, pursuant to a notice of intention to make a normal course issuer bid dated Nov. 13, 2007, it may repurchase for cancellation up to six million shares in its own capital stock. The purchases are to be made through the facilities of the TSX-V during the period from November, 2007, to November, 2008. Purchases pursuant to the bid will be made by Canaccord Capital Corp. on behalf of the company.