<< Would a takeover be in the offing. Beat the stock down, then make an offer usually 5 to 10% over the average of the last 20 trading days. >>

Anything is possible, but another private placement is more likely here... Every time it seems like VIT has enough money in the till, another PP pops up all of a sudden... The big boys have their ways to force cheap PP's on the promising juniors whose stock prices are appreciating too fast and they know something that we don't.