Verisante Technology Inc. V.VRS

RE: RE: Bad Market not VRS

[gaserx2]

Well it is rather unfortunate how investors view this company and its potential. If this was a gold mining stock on the venture it too would be beaten up. However investors are rather quick to drive up a speculative junior miner when the price of gold rises, and they base the action on probable resource estimates in the ground. Sometimes proven estimates, but the inventory is still in the ground and the stocks trade at multiples much higher than what Verisante is trading at. Go figure.

But as far as Verisante is concerned I agree no major rises until announcement of sales. Sales will probably commence with Clarion in the month of August. I believe that more than just Derms are going to purchase. I think there are several MD's with their credit cards ready as well. Sales will be brisk from the outset and this is just a couple months away. This is why I don't understand how investors are viewing this stock, but in my opinion, the smart money is well positioned and they don't pay much attention to the day to day moves. Another milestone that will get this thing moving to it's true value is when they move to the TSX Big Board and the major Nasdaq. Recently a major stock analyst with Sprott Asset Mgmt stated that only approx. 10% of the companies listed on the Venture are trading at their true market value to date, due to all the turbulence.

Also, I would assume that Clarion themselves will be buyers of the product in order to facilitate their customers with an economical lease program. IMHO.