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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
Post by gocallon Jul 16, 2013 2:47pm
666 Views
Post# 21610970

Why I believe VRS is a steal right now

Why I believe VRS is a steal right nowWhy I believe VRS is undervalued...
  • Distribution networks in place in;
    • Canada
    • Germany (Largest Market in Europe)
    • Switzerland
    • Austria & Lich
    • Benelux
    • UK
    • Ireland
    • France
    • Denmark
    • Finland
    • Iceland
  • Recognition from
    • Popular Science
    • Edison Awards
    • Prism
  • FDA filing in progress (Mela reached $11 with inferior product and no sales)
  • I estimate another 40-50 units will be produced by end of August.
  • 100 units sold by end of year for approximately 4 million in revenue
What I expect to see in the coming months to bring the price back up;
  • Update on FDA filing
  • Sales updates
  • Manufacturing updates
  • Financing updates - This is the big one.
I remain confident in the management team and look forward to hearing from them regarding AGM date.  I feel assured that the low volume right now counts for a few scared shareholders dumping while alot sit on the sidelines waiting.
I expect a pop back to the .60's in the next 8 weeks and wish I had more cash to pickup some more.

Good luck to the longs
Bullboard Posts