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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 > Q3 Financials same same
View:
Post by GrahamB on Nov 29, 2023 9:09pm

Q3 Financials same same

Did anybody read the financials posted on SEDAR

 

The quarterly sales were  listed as -

That’s zero

 

For the 9 months ended Sept 30,2023 it is 7781 vs 40060 the same period last year 

 

1,184073 is the net  loss in the Quarter and 3.6 million for 9 months the cash remaining of 2.3 million vs 5.6 million in December 2022

 

Deferred sales of 71,984

These are the facts.

 

Same same to me-just dwindling cash and waiting, waiting,waiting
IMO

Comment by Yajne on Nov 29, 2023 10:23pm
GrahamB....you're still here despite not owning a single share in VPT? Interesting that you are the first to post after financials released. It's like a vulture circling their prey. True shareholders haven't even had any time to read and analyze the interim financials, and yet there you are, the non-shareholder vulture, making the first statement, right out of the gate. Yolou are worse ...more  
Comment by Pandora on Nov 29, 2023 10:59pm
Yanje, I will agree with you about Graham. It seems that is his soul purpose in life, It seems he does that on more than just VPT. But, at the same time I wish the Company would quit putting out this type of statement, "The Company recorded deferred sales for the nine months ended September 30, 2023, of $71,984. This will be recorded as revenue when the clients take ownership of the units ...more  
Comment by Yajne on Nov 29, 2023 11:12pm
Pandora, I think you and I are on the same page on all counts! Thanks for your comments. 
Comment by GrahamB on Nov 30, 2023 12:32am
I can see why you think the way you do. Logically, though, if you keep a open mind, you might see another side to the story. Where you see a sole purpose-others note I am persistent, and I folllow-up. Where you see me as the first to post on the financials , it is also true that I am one of the very few to present the facts, and dissect the financials or the actual business operations. After all ...more  
Comment by GrahamB on Nov 30, 2023 6:13am
Additional notes on financials 1,264,398 are the accounts payable due in 2024, and cash remaining is about 2 million, with a cash burn of 1.1 million quarter means that they are going to need to raise money very very soon or start to get sales.   The lack of sales are very very curious, considering all that we have heard about how much of a demand this product has and how they had ...more  
Comment by jopatclo on Nov 30, 2023 7:16am
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