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Verisante Technology Inc V.VER


Primary Symbol: V.VER.H Alternate Symbol(s):  VRSEF

Verisante Technology, Inc. is a Canada-based company. The Company does not operate any active business other than to identify and complete a reverse takeover (RTO) with a company in one of its target sectors that demonstrates significant growth potential and/or value creation opportunities for shareholders. The Company may pursue a target in any industry, it intends to focus its search on companies that meet its acquisition target characteristics within the life sciences sectors.


TSXV:VER.H - Post by User

Comment by Naamkaton Nov 24, 2010 11:46pm
164 Views
Post# 17755095

RE: RE: RE: RE: A Day, Maybe 2

RE: RE: RE: RE: A Day, Maybe 2

Fatbirds:

Typically, yes.  You tend to get your ducks in a row before going public.  But not always.  And the details are conspicuously absent.  Which, the longer the silence pertains, the more dangerous it gets for the speculators.  It is unheard of that agreements in principle cannot be finalized when they get the lawyers involved.

And I can't help but wonder why anyone would want to do business with Vecta.  They've got notta. Other than a public listing, which is probably the primary asset they are seeking - the ability to access the almost limitless risk capital coursing through Calgary.  But others with a bit more on the asset side and management elan offer the same opportunity.  So I'm a bit torn, which probably doesn't surprise you given my so far inclination towards caution (at least at this point).

Regards,

Naamkat

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