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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

Post by redwoodjoleon May 03, 2011 5:57pm
299 Views
Post# 18525257

what can we expect!

what can we expect!"based on the feedback received to date, VER & VOG are working to amend the JV to address concerns expressed in the market in the course of securing the necessary capital"  What does this mean?  Seems to me VER had the best opportunity to raise money with a 50/50 JV on 100,000 plus acres and a SP in the 20's.  If they amend the JV, it's not likely to be amended in VER's favor and now the SP is about to hit single digits..how does that help secure necessary capital?
red
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