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Verisante Technology Inc V.VER.H

Alternate Symbol(s):  VRSEF

Technology Scientific & Technical Instruments
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 DrewMineron May 11, 2011 10:20am
248 Views
Post# 18559539

Financial Health

Financial HealthAs a fair skinned guy with fair skinned kids I love the technology.  I love that its Canadian.  I love that I have a nice position in the low 50's.

Can anyone tell me what the balance sheet looks like?  Do they have enough cash to get to commercialization assuming they get EU and CDN approvals later this year?

Do they have any idea how much money they'll have to raise (dilution) at that point?

Thanks.

GLTA

Drew
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities