History Repeats ItselfIt is certainly exciting to keep looking forward.
yet, when the same old story is replayed again and agan, and the "story" never gets traction, one starts to question if the buisness will ever show its able to make sales and show there is demand.
This becomes critical when the oxygen of a buisness, cash flow, runs dry. Yoiu either earn it, boroow it, or finance it and dilute.
Thus far its been the latter.
Here is a presser from 10 years ago, does history rhyme or repeat?
"By comparison, VMS takes mere minutes and is accessed via an imaging lab and the internet on a fee for service basis. The VMS Diagnostic system consists of commercial off-the-shelf computer and tracking system sensor, along with patented and proprietary methods and software. The VentriPoint Medical System (VMS) provides the cardiologist with critically important information regarding a patient’s RV volume in a manner that is inexpensive, easily accessible, and accurate. The technology uses video output from a basic 2D ultrasound system which could be purchased on the secondary market for as low as $20,000.00. The entire VMS procedure from acquiring the 2D images to a final report with a complete surface reconstruction of the right ventricle with volume and function information and historical data can be completed in less than 15 minutes.
According to Joseph Ashley, CEO of VentriPoint Diagnostics and its wholly owned subsidiary, VentriPoint, Inc (TSX: V.VPT, Stock Forum), "We are on the cusp of commercially entering a 5 billion dollar a year global market.""
Still on the cusp, or the precipice?
All IMO
Do your own DD
I did, and am delighted to watch on the sidelines and wait.