RE: RE: RE: Forbes.com Great article in Forbes. Hopefully there are many investors who will read the comments portion. We applaude electricsockets for his contibution. But frustrating is an understatement for the share price. For all that Verisante has accomplished to date, this stock is way undervalued. It is a little unnerving to me because the stock price has gone nowhere in two years. We have no recognition from large institutional investors and one would have to ask why. Our largest competitor now is obviously Mela and we must be careful that they don't start to take a greater leep forward.
Mela is being backed by some very large institutions, JP Morgan, Wells Fargo, Barclays Global, Goldman Sacs, just to name a few. Even the Royal Bank of Canada has taken a new position in Mela [8000+] shares. So what gives? Verisante, it is time to "get crackin", or we just may find ourselves being taken over on a buyout from Mela. https://www.nasdaq.com/symbol/mela/institutional-holdings
Not sure if that is a good thing or bad thing at this point. It would depend on how much value is placed on the technology and accomplishments to date. This is not intended to be a negative post, but reality is where we need to open our dialogue at this point. It is time the investment world woke up to this Great Canadian story.
We've made history before we will do it again. Don't forget it was a Canadian who invented the telephone. IMHO Gaser