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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

Verisante Technology Inc > whats the holdup!
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Comment by Mrmolyon Jan 18, 2011 5:21pm
322 Views
Post# 17992363

RE: whats the holdup!

RE: whats the holdup!Another cog in the wheel is finalizing land. This can take time and is very competitive down there right now...trust me. Won't be long now. In my opinion, Financing has been arranged just finalizing terms, most of the land is secured...waiting on a few smaller pieces and J/V is complete but holding back till they can announce the prior pieces to the puzzle. ----------Original Message Posted 1/18/2011 4:15:53 PM---------- What comes 1st...the JV or financing?  Is one contingent on the other?  Would VER not have better access to financing with a JV in hand?  How about a JV announcement complete with additional land...wouldn't that allow VER to finance at higher levels? Thoughts anyone?
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