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Verisante Technology Inc V.VER


Primary Symbol: V.VER.H Alternate Symbol(s):  VRSEF

Verisante Technology, Inc. is a Canada-based company. The Company does not operate any active business other than to identify and complete a reverse takeover (RTO) with a company in one of its target sectors that demonstrates significant growth potential and/or value creation opportunities for shareholders. The Company may pursue a target in any industry, it intends to focus its search on companies that meet its acquisition target characteristics within the life sciences sectors.


TSXV:VER.H - Post by User

Comment by Mrmolyon Jan 08, 2011 11:18am
148 Views
Post# 17943300

RE: Structure

RE: StructureYour on the right page Operator. Land aquisitions are just being completed and is crucial to a massive shift for this company. Lot's of competition (like staking a gold rush). ----------Original Message Posted 1/8/2011 10:35:05 AM---------- I don't see any reason for Vecta O&G to provide acreage AND financing to this deal.  If you have 100% of something, why would you give half of it to a group you have 20% of?  I have always thought that Vecta O&G is using Vecta Energy's ability as a public company to use some of that flexibility to get project financing.  The fact that O&G is an owner of Energy is just added gravy for it, and a fact that we get to take advantage of.  Am I seeing this wrong?  Off base?  How do the rest of you see this from a deal structure perspective?  
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