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

Bullboard Posts

Comment by modebt1caginon Apr 23, 2013 12:21pm

159 Views

Post# 21290155

RE: going for gold

Win or lose I honestly don't think it will have much impact on the share price.

It's a nice feather in the cap but that's about it. The company doesn't sell their trophies and other than the fairly limitted circle of people who know about the Edison Awards (it's the first time I've heard of them) it just doesn't have a lot of intrinsic value. Maybe 5 % at the upper limit.

What's going to drive this is putting up some good sales numbers (revenue) which will bring in more potential shareholders which will in turn garner more attention which will raise the price (supply/demand). It's share price exposure that matters, not trophies.

As Kevin O'Leary says, it's all about the sales and revenue (bottom line). I.E. What's in it for me?

Bullboard Posts

The top 10 Canadian medical stocks