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Victhom Human Bionics Inc V.VHB



TSXV:VHB - Post by User

Comment by Timorronon Dec 19, 2011 1:56pm
287 Views
Post# 19335136

RE: Reduction of 1,609,000 common shares equal to

RE: Reduction of 1,609,000 common shares equal to
The main funds that are selling either are in the end of life cycle or are taking their losses for tax reasons.  But if  you do your math Victhom has 2,5 M$ plus another 1M$ net in february 2012 in cash no debts and a low burn rate (only 2 employees). On 20M shares that still give 0.18$)/share. Plus the patent on the power knee that brings royalties every month. I consider 0.02$ a bargain.
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