TSXV:VER.H - Post by User
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