VentriPoint Diagnostics Ltd V.VPT

so 40 mil in total losses as of DEC 2020

[chris579457]

The Company's ability to continue as a going concern is dependent on its raising of future required capital, bringing its products to market and achieving and maintaining profitable operations. The outcome of these matters cannot be predicted at this time.

[LandCruiser1983]

In the 1st 5 min . of latest podcast.George states that Co. is Debt free and has 2 yrs cash in Bank. Now how is this a Co. that is of "ongoing concern"..????   Give your heads a shake, That termology used in the Financial Statements is standard templated format.  NO NEED TO WORRY.  IMHO shares are a bargin now,I have been buying .,thank you for those cheapies.  

[LandCruiser1983]

Correction,with warrants exercised,they now have 3 yrs cash at current burn rate. Big volume daily so great liquidity when buying/,selling shares

[G1945V]

Keep in mind that the $40Mil of accumulated losses can be used to offset future taxable income/capital gains and afford big incentive capital tax write-offs to a third party that may end up owning VPT if sold should that be the case. jmo G1945V