Patience This is defintely frustrating. However, I am going to trust the management team of VHI for a little while longer. I'm sure not to many of us on this bullboard have actually accomplished what Dan Matlow, Francis Shen and the rest of the team of VHI have accomplished in the past. They've literally built and sold companies for millions of dollars. I believe they can do it again. Shen isn't an idiot, he has continued to invest in this company, as well as other noteable insiders.
We need more new for sure. I work for the government. Even when there are great ideas, the government moves at a snails pace and it takes a long time for even great ideas to be implemented. Even if those ideas would save money, it takes time unfortunately. This is what VHI is up against.
I'm sure the next quarter will show positive numbers again. The company has a lot going for it. Blockchain is one during a day and age where security of confidential information is paramount. Also, they are a Canadian company, based in Ontario, if you don't think the ONtario government is looking at this you're fooling yourself. Especially at a time when other countries just screwed us for PPE during a pandamic. Ford said that will never happen to us again. You dont think he's thinking the same thing for managing our health care system. VHI has to be in play here.
VHI has made significant gains. The Nova Scotia contract will come into play soon. I am sure other health care providers will be looking to see how it works for Nova Scotia. They will hear it works great, less errors, saves money, more time for workers to provide care for patients, and they will want to use VHI services. But it will take some time to implement because the governmnet is slow.
I'm holding on for. a few more quarters to see what it does. This is the time for VHI to shine with the pandemic.