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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Comment by gaserx2on Apr 26, 2013 4:08pm
146 Views
Post# 21307389

RE: investors don't like uncertanity

RE: investors don't like uncertanity

I still feel confident with the management. TB has kept the company's progression on course and in a timely fashion. That is adhereing to regulatory approvals etc. due to his background as a securities lawyer. This has kept us from making securities missteps and avoiding irregularities that can happen with startups.

However in my opinion it is now painfully obvious that TB as CEO needs to hire an aggressive and intuitive marketing manager to set up a team to get this thing going. Just relying on Clarion and the disributors in Europe to get sales is not enough. They have no stake in the company. All the sales these distibutors receive is just gravy on top of what they already have.

Verisante needs someone with huge marketing skills that has accountability to the company. To that point I have to ask, what has Crescendo or Haszma Thindal done for us so far to date. And what is their true role and objective towards the company since their hiring?  Also there are two Board members  who have major marketing degrees, but I'm not sure how extensive a role they have played with the ongoing development and success of the company to date. This is all my opinion, but there is no way this stock should be trading at .50 cents.

Forget all the nonsense about PP's and expiring warrants. That should never hold back the price of a stock. Participants in PP's are financiars who make a profit on their efforts and contributions by receiving low priced stock and selling at much higher prices. IMHO.

Bullboard Posts