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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
Comment by Canoutchieon May 01, 2013 7:27pm
79 Views
Post# 21326499

RE: RE: RE: Excellent article from an actual Aura

RE: RE: RE: Excellent article from an actual Aura

I have to agree with Kooter33:

"I was hoping to see the PP closed by now.  I am half in, and looking to accumulate more with these sub-PP prices. Not chasing it for now; I want to see the PP closed!"

 

I think Thomas Braun is doing most things right in terms of the product launch.  I've been involved in a few product launches at my own job, and as such I recognize the outline of a well-planned project launch life span.  What's needed now however is money to pay for the manufacturing of inventory to sell.  They've executed the first half of the project plan well (lining up distributors, testing the product with a few "friendlies", etc.).  Now it's just a wait and see game as to whether Verisante will be able to get the financing in place in order to manufacture basic inventory. 

 

I think the financing will fall in place eventually, but as I alluded to earlier, I think some investors have been waiting to get a better handle on the financials, price/profitability per unit, etc.

 

I'm half in, on speculation, but ready to move quicker once financing is in place, as that will provide Verisante with cash to pay for new inventory to generate more sales.

 

Cheers

 

 

Bullboard Posts