Fair enough question. Since it started trading again we have seen a sea of shares traded. The manipulation is pretty strong but it is being done for a reason. Companies with share counts under 100 million and in the 10-35 cent range can be controlled for a few million dollars.
6.5 million shares at 12 cents is $780,000.00......so you can play with VPT and be under the insider radar for under 3/4 million dollars......now you could swing the stock up or down with that kind of clout....as you can see below we now have a small short position that will have to be addressed at some time......So where do you want the stock to go....up...or down.......during the trading today there was a extended period of time when the stock might as well have been halted because all buying and selling halted.....it was a blink session (who will blink first).
As it stands I'll hold it for as long as it takes to get multiple bags....how many will depend on how fast they're coming....but 2 bags isn't enough 3 bags isn't enough....6 bags and I'll tender a small percentage out... again this is only 13....yes 13 trading days since it started trading again....a lot of people that got caught up in the halt have bailed out...and alot of them have stayed...I was one of the ones that got caught in the halt...but I'm also one of the ones that took a larger position once it started trading again.....So I do believe in the company and I believe in it more because they keep refining and refining the equipment and it's accessories.....When you can take the set-up crew out of the equation for the set up of your equipment...you have saved your company hundreds of thousands a year in wages...
Case in Point....many years ago there was a guest on THE LATE SHOW with Johnny Carson. One of his guest was a guy that used to keep putting himself out of work but collected a years wages for doing so...then he'd go get another job and do the same thing so an any given time he actually had two wages coming in...one from the company he just left and his new employer. What he used to do was get a mid level job and study the job below him and the job above him and see if his duties could be split between those folks.....he'd work out th details then go to the boss and get a contract drawn up and then show the boss how to do it.....So anytime you can save money you actually make money....
We get back to another part of this equation. George Adams...George has done this before ..creating companies and then selling them so I suspect that he is more interested in selling the company in the near future than he is at running it for forty years....He's no puppy either so loading up on 10 or 12 million shares and then bringing the price up into the $3.00-$4.00 range and selling it isn't out of the question. Again what is the tech worth when you factor in the cost saving's to a hospital. We only think North America...but think globally..China...serious heart issues over there.....India..... just to name a few. These are big population countries and your not going to be able to buy MRI machines for all these hospitals with mega populations....even European countries have limits on healthcare spending and renting one or 6 of these units and ordering it on-line and having it shipped to your facility to service your patients and having your IT department set it up...what more can you say...and better results than other euipment......
In my life time I have seen the electric car from a joke by every major car producer out there to "We will no longer produce internal combustion engined cars in X years....and X years is 3-6 years for some companies. The reality is everything is changing and medicine and the tools used to derive better outcomes are changing as well. Doctors /specialist are always seeking better tools and when your a teaching doctor it also helps to train the up and coming.
So where are we going.....up the hill...and I'll hold until we get to the top...now here is the short report from Oct 6th.
13 trading days.......go grab a bottle of RELAX..(NOT.... Exlax).....and sit on those fingers....
old_dog
| Symbol | Issue Name | Shares | Net Change | Date |
| $VPT.V | VENTRIPOINT DIAGNOSTICS LTD. | 602,327 | 585,590 | 6 Oct 2020 |
| $VPT.V | VENTRIPOINT DIAGNOSTICS LTD. | 16,737 | 0 | 21 Sep 2020 |