VDTA Vertical Data Inc.

$VDTA Just announced today that VDTA has engaged Goldman Sachs as its exclusive capital markets advisor. Under the engagement, Goldman Sachs will provide financial advice and assistance regarding the company’s capital markets strategy, including financial analysis and guidance on related strategic and commercial considerations. BTW Goldman Sachs normally does not get involved with 81MM Market Cap companies unless they smell big money down the road

$VDTA The drop IMHO is do to the recent S1 filing on Oct 2 that allows for the shares that were bought in the PP at $3 a share to be eligible to be sold. The stock was around $5.50 to 5.80 when S1 was filed and all it took in a very low float thinly traded stock was for someone to put in a market order and collapse the share price. Nothing has changed as far as the fundamentals of the company, there are still planning on an uplist before end of the year with Goldman Sachs advising them. BTW one of the directors bought 85,000 shares in the PP and there was such a strong demand it was straight common shares with no warrants attached.