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Victhom Human Bionics Inc V.VHB



TSXV:VHB - Post by User

Comment by pipeline101on Nov 23, 2009 3:06pm
402 Views
Post# 16515132

RE: this stock just slowly dropping... :(((((

RE: this stock just slowly dropping... :(((((No news because they don't have anything to report. Nothing wrong just some investors getting out, at a loss i would think.

A full commercial release of the second generation Powerknee is expected in 2010, by Ossur.

And from the quarter 2 results "

Mr. Normand Rivard, President and CEO of Victhom said: “The completion, during the second

quarter, of the partnership agreement with Otto Bock HealthCare, the world leader in the field of

mobility, will allow us, through our newly created Neurostream joint venture, to exploit the great

potential of our unique neuromodulation platform used in its first product, the Neurostep®. The

combination of our technology and know-how with Otto Bock’s worldwide market knowledge

will give us a tremendous edge in bringing this much needed solution to gait patients throughout

the world. With Otto Bock’s $30 million commitment to Neurostream and the conversion of the

convertible debentures into preferred shares, Victhom is now in a good position to bring its

neuromodulation technologies to the market.”

they are in partnership with an industry leader and I guess at this point all I can do is hope 2010 is a much better year for VHB than 2009

p

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