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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd is a Canada-based medical device company. The Company is engaged in the development and commercialization of diagnostic tools that monitor patients with heart disease. It is developing a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, imaging, and cardiotoxicity in oncology patients. The Company’s Ventripoint Medical System (VMS+) is a diagnostic aid that was developed to provide a point-of-care solution to better communicate the heart’s structure and function without the need for magnetic resonance imaging (MRI). VMS+ enhances ultrasound, providing three-dimensional (3D) technology that allows for visualization of all four chambers of the heart. The system’s proprietary Knowledge Based Reconstruction (KBR) technology creates 3D models of the heart and calculates volumes and ejection fractions equivalent to the gold-standard Magnetic resonance imaging (MRI).


TSXV:VPT - Post by User

Post by Enoughon May 26, 2024 7:35am
154 Views
Post# 36057790

Collaboration or Collective Misery

Collaboration or Collective Misery

 

I don’t know about collaboration, more like a whining board of bag holders, or perhaps a collusion, via a Cabal of pumpers 

I mean, seriously let’s look at what’s happened with this company :

Sales

Over the history of this company, they have not made $1 million in sales not even close  -yet have spent over 200x to generate massive losses to what point?
 

Most years there is minimal sales $50,000, or no sales. It’s hard to track out whether they’re selling a complete unit or people are getting discounts or most likely "placements( a euphemism for here a fee is -please is it and hope others are impressed-doesn't work when MD Anderson puts the machine on eBay at a steep discount and doesn't even dust it off)
 

This board, and management been talking  Sales for years,  yet there has been no evidence yet on the financials of meaningful sales and no sustained sales.
 

They have isssued pressers when sales have been made.

Statements of 4000 leads, 100% conversions of demos-

All sorts of new distributors signed on ascend, some charity hospital in the US, over 30 sales people across Europe, including the Director, who resigned last year and we heard nothing about it 

 

Yet  the facts dont suppport sales are happening

How does a company survive without sales?

Further financings and dilution.

Problem is the "need more time"
why? Asking if people in this board will invest jeeeezzz common people 

 

 

Remember 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 give it away, from what we can tell.

yes I know just wait for 4.0
like 1.0,3.0. 3. Whatever -

 

So many other promises, and false starts. China, GEHC-what happened to the elephant, did he go off to another reservation? 

 

There’s a rotating cast of CEOs, each of which are touted , as being the next greatest thing, only to be thrown away, how many IR firms have been through??? They keep changing why?

can't beat a dead horse-well you can but do t blame the PR guys -if the horse is dead

 

The only thing changing more than the IR firms or the accounting firms. Why?

 

I don’t know, this story of Sales, waiting for people to accept it, it seems to take years. There’s something obviously a mess with the product that’s arriving, at least my little brain sees it that way. But I simple, keeps me safe, keeps me from losing Over 60, and seems sophisticated listening in comparison to the pumping going on here. You guys don’t need a bash on this board, you’ve got all in one, Joe, would scare away any legitimate investor, with his ramblings, repeated patched together statements that make no sense?

 

Anyone reading this jumble is going to say this company is a gong show. Which in my opinion it is.

wake me up when they make 25 -40 sales as said years ago
thwn I wil sniff around
meantkme
maybe those bag holders can keep up the story and suck in a few newbies
better quiet That Jo clip and pastie guy-he is desperate and I do t think the elevator goes to the top floor
ha ha 
just for fun 
all my opinion 
which is mine
thanks for that
i still got me money 

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