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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
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Post by operator5on Jan 27, 2011 3:21pm
365 Views
Post# 18036459

I see your point.

I see your point.It entered into a letter agreement to a deal in early November.  It needs to finalize the deal.  How long does that take? In order to do so, it has to do due diligence on what they are buying.  How long does that take?  It has to run through lawyers on both the US and Canada side.  How long does that take?  It has to get approval from a BOD.  How long does that take?  It has to get permission from the other party on wording of a press release.  How long doe that take?  It has to vet the press release through its attorneys.  How long does that take?  I guess I am not knowledgeable about how long it takes to do these things.  According to Fatbids, these guys should be much faster at it than they are.  How much faster should they be?  What kind of press release do you want if they don't have anything to new to say?  If Fatbids was the CEO, how would HE do it?  Just in case I wake up confused in a Bangkok whorehouse someday with several mysterious new tattoos and a job as a TVX CEO and having to make shareholders happy?
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