RE:W/O some Earth shaking newsPetro67 wrote: shorters may erode this stock back to 12-13 cents.
Are there any parallels between DM and VST? They are both in versions of AI and they are both supplementing their revenue stream by distributing covid test kits.
I see VST just halted for another covid test kit sales announcement - Brazil again, I believe.
Victory Square portfolio co. gets ELISA kit sales OK
2020-09-08 14:27 ET - News Release
Mr. Shafin Tejani reports
VICTORY SQUARE TECHNOLOGIES PORTFOLIO COMPANY RECEIVES BRAZILIAN ANVISA APPROVAL FOR SALE & USE OF SAFETEST COVID-19 ANTIBODY TEST FOR THE COUNTRY OF BRAZIL
Victory Square Health Inc., a portfolio company of Victory Square Technologies Inc., was granted approval on Tuesday, Sept. 8, 2020, by the Brazilian Health Regulatory Agency (Anvisa) to commence marketing, sales and distribution for its Safetest ELISA COVID-19 assay for detecting antibodies IgG and IgM against SARS-CoV-2, until 2030.
Safetest Covid-19 IgG /IgM has demonstrated to the U.S. FDA & Brazilian authorities 93.3% sensitivity and 98.7% specificity.
With 4,500,000 confirmed cases and 127,000 deaths as of September 8, 2020, Brazil has the third highest number of cases in the world with a population of 210 million.
"Our mission is to help the global community curb the spread of Covid-19 by delivering the best tests in the market," said Felipe Peixoto, CEO of Victory Square Health. "This approval from Brazil now breaks down many barriers for the Company to export its Safetest Elisa products to Mercosur Countries (Argentina, Paraguay, Uruguay, and Venezuela)," said Peixoto. Approval from the government of Brazil allows for export to qualifying Mercosur countries.