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Saturday, December 3, 2022

The Real Story on VGTel Inc (OTCMKTS:VGTL)

VGTel Inc (OTCMKTS:VGTL) has briefly dipped below a penny on moderate volume in recent days. The stock recently made a highly explosive move up out of sub penny land to highs well over $0.03 a share.

VGTL also knows how to market itself and has been highly successful in attracting a massive shareholder base that has transformed VGTL into one of the top traded stocks on the entire exchange.

VGTel Inc (OTCMKTS:VGTL) operating as 360 Entertainment and Productions, a multi-platform company offering products and support in the entertainment industry and is focused on a strategy of growing and building business units through investments and acquisitions.

VGTL wholly owned subsidiary is Austin-based Motion Picture Scanning Services (MPSS) a world-wide resource for the scanning of films from original analogue formats — Big Screen 70/65mm, 35mm, or 16mm — to 8K/4K Ultra High Definition.

VGTL made a big move when they hired Amilya Antonetti (who hosts a radio show on 77WABC Saturdays at 1pm) as the new CEO back in June. According to the 8k Ms. Antonetti has more than 25 years of combined experience as founder, President, CEO/ CMO of several innovative and fast growth companies including SoapWorks, Herplex, and Lucky Napkin that were exited (M&A) to larger industry corporations between 2002 through 2009.

After the sale of Soapworks, Amilya went on to co-found Lucky Napkin, a launchpad for entrepreneurs, and has become a highly sought-after investor and retail consultant. She specializes in evaluating and securing IP for inventors, universities, and business owners, as well as strategically creating the right business models to roll out to mass markets. Amilya is also an expert in electronic retail (QVC, ShopNBC and HSN) and in infomercials as both a spokesperson and product creator.

Amilya’s life-changing story has been featured on “The Oprah Winfrey Show” as well as NBC, CNBC, CBS, ABC, and MSNBC, and in Jack Canfield’s You’ve Got to Read This Book!And the Chicken Soup for the Soul series. Amilya has been the “Small Business Voice” on Fox News and Fox Business. She has been highlighted in numerous magazines, including People, Time, Inc., Entrepreneur and Forbes. An accomplished author, she has published 3 books, including Why David Hated Tuesdays: One Mother’s Courageous Guide to Keeping Your Family Toxin and Allergen Free (Clarkson Potter) and numerous magazine articles.

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On October 15 VGTL announced the release of its first Letter to Shareholders from Interim CEO Amilya Antonetti. The letter provides updates on current business activities as well as insight into Management’s objectives and expectations for the remainder of 2015.

Fellow Shareholders, Since the start of our interim engagement with VGTel, we’ve made significant progress in assessing the current state of the Company as well as its obligations, challenges, and opportunities. It is my intention that this letter provides updates as well as answers to common questions and our take on the Company’s future growth potential.

New CEO Amilya Antonetti finished with ”Finally, I would like to personally thank everyone who has reached out to us through social media, email, and various other channels to inquire about the Company’s status or future plans. As a public company CEO, I must remind you that we are prohibited from answering these questions individually; instead, I ask that you look exclusively to our official press releases and regulatory filings for updates, or contact our Investor Relations firm (details below) with questions regarding the specifics of your investment in VGTel. I am committed to this being the first of many timely, informative news releases, and expect to issue our next update once the audit is complete.”

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Currently trading well just below a penny VGTL has the yield designation from OTCMarkets, one which will be removed once new CEO Amilya Antonetti submits the updated filings as promised in the 8k when she took the helm. VGTL is an exciting story developing in small caps; Amilya Antonetti has already made a name for herself in TV and rado and has a proven track record of building 100M Company valuations. The Company operates in a disruptive space and owns the distribution rights on over 20 4K films. We will be updating on VGTL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with VGTL.

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Disclosure: we hold no position in VGTL either long or short and we have not been compensated for this article.

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