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Bullboard - Stock Discussion Forum 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... see more

TSXV:VPT - Post Discussion

VentriPoint Diagnostics Ltd > Timing is everything!
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Post by canon12345 on Nov 12, 2020 6:02am

Timing is everything!

I understand the disillusionment of the shareholders here. It has been a long slog to get to this point. Derisked to me is showing that enough sales have taken place to justify a belief that there is a substantial market for this product. George believes that number is  80-100 site installs. The question becomes is the new 3.0 going to achieve the break through when past versions have not? The positives are existing fda approval and current site installs at major hospitals. The negatives are it has been 10 years and past versions have not been good enough. This version is the best yet and has many advantages over past versions. So where do we stand? The 3.0 has just recently been released and is in the "acceptance or not" stage by these hospitals. It looks promising but has this product been derisked? IMO not yet but it is getting there. When will it be derisked? There is no magic date or number of sales, risk however will lower with more sales/acceptance. It is at a critical point of make or break IMO. Timing is everything in these penny stocks, each investor needs to evaluate their risk tollerance and decide if this stock is right for them. For me the risk/reward ratio is, for others it won't be. Welcome to the world of penny stocks, again timing is everything!
Comment by OakTreeforest39 on Nov 12, 2020 7:11am
Skipping MRI is a great thing, they rewrote the whole thing so it's now more flexible and better...and thanks to covid!.... and in my mind, they have a dream team management officers! Glta!
Comment by SunsetGrill on Nov 12, 2020 10:14am
FINALLY - while I disagree with you - I respect your insights and well constructed post that get to the meat of the potato and dont simply call people whom have different opionons bashers etc. IF and that a BIG IF in my opinion this gets off the ground its a 10 bagger for sure. Myself I will sit and wait, watch and be patient - It is the companys track record and the CEO' promises (and not ...more  
Comment by Jakemastero on Nov 12, 2020 11:02am
Sunset grill fair enough but to be honest I can't judge ga on what he did in the past . I got on after the halt and the stocks been kinda slow for my licking but you just can't go wrong with the sp of this stock . Let's see how things go hope we get that jump before Xmas . cheers 
Comment by Retiremesouth on Nov 12, 2020 11:26am
One of the points I agree with is the lack of specific wording from George in relation to news releases. And that word is "SOLD" Any hospital placement (s) of the VMS+3.0 has been referred to as "Ventripoint is pleased to anounce that we have Installed the VMS+3.0 in whatever hospital" Installed and Sold have two very different meanings. Can anyone on this board actually back ...more  
Comment by Jakemastero on Nov 12, 2020 11:47am
Install means sold . Like I mentioned it's not charity . When you get wife installed through bell I am sure they don't come to your house and install the modem for free. There is a modem cost plus the usage fees. 
Comment by SunsetGrill on Nov 12, 2020 2:00pm
Oh Jake While I appreciate your previious post .Dont be so naive - a sale would be put in the "+" column of the balance sheet. correct??? Go look at the "+" columns in their financial statements. None if any were purchased. China gave them money once for manufacturing some units but that is about it. It is completely NORMAL for comapanies such as VPT to provide DEMO units ...more  
Comment by OakTreeforest39 on Nov 12, 2020 11:52am
Don't forget that this is a 7 millions market cap company.....a hair is bigger than that...so be patient....they are selling to hospitals....I work in a hospital and new technologies are hard adopt, but when they start to get in....like GA said....Doctors gonna spread the news......and it's a snowball effect! Be patient!
Comment by SunsetGrill on Nov 12, 2020 2:06pm
They are working with hospitals. This snowball is already 10 years old and has melted seveal times on the way down that hill while temps were below zero.
Comment by RichardSwings on Nov 12, 2020 2:01pm
For some of the recent installs he mentions in the latest Torrey Hill video at 26:40 to a question from the audience that they are sales. https://www.youtube.com/watch?v=e-K6HEzigws&t=1600s "They all paid for their machines..."
Comment by SunsetGrill on Nov 12, 2020 2:10pm
I agree -how much and by what means did they pay?? Did you also noticed he mentioned 3 or 4 and stumbled over names (thats OVER !0 FREAKIN YEARS
Comment by Jakemastero on Nov 12, 2020 2:21pm
Sunset grill forget about the past . Since the upgrade the company is over a month old . Let us all share holders ask ga to provide the nr with the sales details. the sp is cheap because if the company folds I lose half of what I would have invested in a .20c or above company like medmira or agn . Let's wait it out till end of November and see where we at . I wouldn't mind a detailed sales ...more  
Comment by SunsetGrill on Nov 12, 2020 4:50pm
quote=Jakemastero]Sunset grill forget about the past . Since the upgrade the company is over a month old . Let us all share holders ask ga to provide the nr with the sales details. the sp is cheap because if the company folds I lose half of what I would have invested in a .20c or above company like medmira or agn . Let's wait it out till end of November and see where we at . I wouldn't ...more  
Comment by Jakemastero on Nov 12, 2020 5:24pm
I mean buys on the ask.. sunset grill . Let's hope for the best . Am on this till end of nov atleast . If you find something better then this private message me . I am always open to suggestions and here to make money . Also I don't fall in love with one stock.
Comment by LiveStreamss on Nov 13, 2020 12:19am
This post has been removed in accordance with Community Policy
Comment by OakTreeforest39 on Nov 12, 2020 3:31pm
When I say it's just 7 millions market cap company, I mean you can just by 10000 shares and by the rest on the rise if you are still hesitating. You will still make a lot of money! Otherwise, you lose only 1k. And with such a small cap, you buy a bet in the management team! Nothing else! Cause a great product with a bad team is bad...Just check GA resume!
Comment by SirStocksalot97 on Nov 12, 2020 11:09am
It's 80-100 UNIT installs for the love of God! People can't you read. NOT site installs. Easily attainable within the next year.18-20 unit installs by Xmas. This company will be bought out.  SS
Comment by canon12345 on Nov 13, 2020 6:11am
George does go back and forth between saying unit sales and site sales. Go to 22:30 of the video and it clearly says 80-100 installed sites on the presentation slide.
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