Victhom Human Bionics Inc V.VHB

Reduction of 1,609,000 common shares equal to 8,68

[lorang41]

[Timorron]

The main funds that are selling either are in the end of life cycle or are taking their losses for tax reasons.  But if  you do your math Victhom has 2,5 M$ plus another 1M$ net in february 2012 in cash no debts and a low burn rate (only 2 employees). On 20M shares that still give 0.18$)/share. Plus the patent on the power knee that brings royalties every month. I consider 0.02

[midas4]

Timorron:   Is  that mean that VHB will live on royalties only?   Which in this case is not so bad considering the slow burning rate. Is that mean, on the other end, no expension; no new patent; nothing??? Doing the maths reveal that book price is 0.18 cents at least?   Why not invest at these prices then???        

[Timorron]

They sold the last division Neurostream to Otto Bock FOR 10M$ and royalties on the patents that will be registered from that ex subsidiary. The consequence is that there is no ongoing operations at Victhom and only a President + accountant and 3,5M$ of cash / 20M shares. What will they do with the company, i do not know. One thing is sure the royalty on on the power knee is real than

[stockhousetoday]

Timoron posted this valuable information for us yesterday heres the link and post below and wonder if that's why we are at 4.5 pennies on 344,892 shares. https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30504388&l=0&r=0&s=vhb&t=LIST They sold the last division Neurostream to Otto Bock FOR 10M$ and royalties on the patents that will be registered from that ex