Quarterly announcement from Virtex CEO Joseph David

There will be no dividend payout this quarter for the following reasons:

1) New banking relationships recently secured demand large capital reserves in order for them to work with us.

2) VirtEx is re-investing all revenues to grow our company and maintain our team of 15 employees, as well as investing in marketing and legal counsel.

I do intend on paying a dividend once the company shows sustained growth and profitability, and will be providing the next dividend update as well as financials by Q1 2014.

Posted in Virtex Blog

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