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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Post by AnalyticalTraderon Oct 11, 2011 2:58pm
408 Views
Post# 19138031

Adjustment to 0.70-0.75 expected

Adjustment to 0.70-0.75 expectedFor long-term shareholders, an adjustment of -0.05 isn't a big deal. It can be expected during the waiting period given the slowly recovering markets and the clouds still over the Euro-zone. Some investors opt for cover and cash, instead of stock. True, announcements of a series of licences are highly anticipated, but the Company will also have to file them for regulatory purposes before the press release. That adds to the wait-time. The slight climb since the most recent announcement suggests that the march to 2.6$ would not be overnight. This might be something that short-term investors need to consider.
Bullboard Posts