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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 > News government grants and subsidy
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Post by snuff133 on Dec 10, 2020 9:37am

News government grants and subsidy

Ventripoint Diagnostics Receives Wage Subsidy

V.VPT 

(TheNewswire) 

 

Toronto, Ontario – The Newswire – December 10, 2020 - Ventripoint Diagnostics Ltd. (" Ventripoint " or the " Company "), (TSXV:VPT OTC:VPTDF) announces that it is receiving an additional temporary wage subsidy of up to $115,408 as part of the National Research Council of Canada Industrial Research Assistance Program’s (NRC IRAP) Innovation Assistance Program (IRAP IAP). 

This funding follows on support of $73,093 through IRAP IAP, which was part of approximately $150,000 in government grants, loans and subsidies received at that time (see NR Sept 15, 2020). The Company has continued to receive other loans and subsidies and so the total amount of government support has been approximately $300,000 to date in 2020.

Comment by Pandora on Dec 10, 2020 10:02am
Wage subsidy?  First phrase that ran through my mind was "life support" being that we are just after the first anniversary of last year's Xmas present. I hope we do hear something about sales that will help survival as opposed to welfare. Is that too harsh for this start of the day? It's just the terminolgy that got me I guess.
Comment by old_dog on Dec 10, 2020 11:31am
Two ways of looking at it, The desparate and needy and the desparate and needy....question is though which one is VPT.... When the economy is running full tilt and companies are flush with cash because they are going concerns then you don't want to be the first one. When every company is screaming they need money (airlines, resturants, gyms, every small business impacted by the shut downs ...more  
Comment by old_dog on Dec 10, 2020 11:34am
Desperate...not des parate....old age, just woke up, and only a sip of coffee...but it looked strange when I was typing it...OH WELL!!!!
Comment by Pandora on Dec 10, 2020 12:42pm
Toronto, Ontario – The Newswire – December 10, 2020 - Ventripoint Diagnostics Ltd. (" Ventripoint " or the " Company "), (TSXV:VPT ) ; ( OTC:VPTDF) announces that it is receiving an additional temporary wage subsidy of up to $115,408 as part of the National Research Council of Canada Industrial Research Assistance Program’s (NRC IRAP) Innovation Assistance Program ...more  
Comment by old_dog on Dec 10, 2020 1:18pm
It's all good, money is money and every dollar has a place to go. As I stated in a previous post I'm not too concerned with any News announcements for the rest of this year. Mid January I expect to get some sort of News drip on a regular basis. Covid is hitting the world hard and when you hear that Cancer patients are being told that treatment is being delayed for 8 moths it makes you ...more  
Comment by Gdangit on Dec 10, 2020 1:39pm
old dog I'm new to SH but one thing I can tell you is my research on VPT was informative. I bought 20 000 shares in this dying stock and I'm going to unload them all. This stock is a wash. China has recovered and life is back to normal. If there isnt any sales they would have happened. They are in desperate measures and everything this George has predicted is a wash. If you hold long on ...more  
Comment by old_dog on Dec 10, 2020 7:13pm
Well a couple of things come to my mind. 1) You say you did research and it was imformative and then you bought 20,000 shares??????? 2) Is China back to normal???????? 3) Investing is what the name says....INVESTING....and that comes with strings like waiting for a stock to move. Yes there is the other side of the equation that waiting my be futile, that is a risk I am willing to take as the down ...more  
Comment by Pandora on Dec 10, 2020 7:58pm
And if he's talking about Miss Piggy she became rich & famous!
Comment by invest2profit on Jan 31, 2021 9:23am
For context, Gdangit's post December 10th when the SP was 8 cents:
Comment by invest2profit on Feb 11, 2021 7:56pm
Gdangit's post history shows an account that exists only to troll VPT board. Case in point, this post from December 10th, 2020: Look at the SP then and now LOL nice advice telling someone to "get out while you can"
Comment by invest2profit on Feb 11, 2021 8:01pm
Share price was 8 cents on December 10th. Gdangit was telling someone to "get out while you can" and miss out on a 5 bagger? And at 40 now, it is probably a 5 bagger from here. Keep blabbing you novice and watch us make money.
Comment by Sunvalley on Feb 12, 2021 6:30am
When little boy basher Gdangit was bashing , I was buying LOL. When Bashers appear it usually means that you are on to something that has real potential. Rounded out my holdings in the 0.10 to 0.12 cent range when the little guy was advising us to sell. Thanks little guy.!
Comment by snuff133 on Dec 10, 2020 10:04am
Attached is a news release stating that we have been approved for a second round of government grants from the IRAP-IAP fund.  Here is some background: 1.      We obtained a first round of a non-repayble grant (wage subsidy) from IRAP-IAP fund in to cover the March 15 to June 23, 2020 period and received $73,093 from them in the summer. 2.     ...more  
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