RE:Long until 2025MartyD wrote: So, is it a regulatory requirement that VPT tell you every time someone executes a PO, or completes a sale? I don't get a note from Ford Motors every time they sell a car, or from GE every time they sell a refrigerator. There may very well be sales you don't want competitors to know about until they're inked. Of course you can't keep it quiet when you make quarterly filings. No news generally means that ongoing, day to day operations are progressing as projected. I also don't expect more from the AGM than the general Conduct of annual business. But I'd sure hate to be short if Im wrong and if they mention solid sales. At this point, with all the springs loaded, you gotta make the call. In or Out. When the news of sales comes, it's too late to cover for the shorts, and too late buy to be a long. And if news comes that no one is buying, it's too late for all of us. Good luck everyone. Long until 2025.
Ge appliances has over 2 billion in sales and Ford sells over 4 million vehicles.
No of course not you dont need to post that-yet thats an odd comparison to Ventripoint on several levels.
But since you raise the analogy-there is something they have that VPT doesnt have:
Sales
Sales =revenue=demand for product.
There is no evidence, to date, that there is any significant demand for VPTs product. The product has been “placed” or given away, from what we can tell.
Was the German hospital a sale or a upgrade? What was the revenue recognized?
The other point is, that there is been talking to Sales for years, yet there has been no evidence yet on the finacials of meaningful sales.
They have isssued pressers when sales have been made.
Statements of 4000 leads, 100% conversions of demos-yet the facts dont suppport it
How does a company survive without sales?
Further financings and dilution.
So yes, its reasonable
All IMO
Do your own DD
I did when this was promoted by old dog and science first
Glad I didnt listen. I trust facts, data.
And the cold hard facts have been clear to me.