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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 Firetrainon Jan 07, 2011 1:00am
217 Views
Post# 17937053

RE: RE: Experience

RE: RE: Experience

I interpret the non-arms length as a bit less risky as opposed to a less cumbersome agreement.  The delay on the news is related to the accumulation of more land.  It's best to stay quiet until the land position is secure or one throws money out the window for advertising against themselves.


Some entertainment...
How about this for speculation - Pengrowth becomes a regular corporation on Monday.  Charles Selby is the VP of Pengrowth and a director of VER.  VER will give us the details on the JV Monday too.  Coincidence? Could be a weird twist of fate, even if it seems remote.  I give it a 5% chance.
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