RE:RE:Note 1
woundedknee wrote: Many fledgling or start up companies use the same terminology in their financial reports and as such one should be carefull not to take it bervatim. On the other hand, i don't believe you are an idiot, but would suggest that you not get your blood pressure up by trying to save people from a stock you don't own. VPT does have a medical device that can be ground breaking and the collaboration with GE didn't happen because GE felt sorry for this company. It happened because they saw potential acceptance of this device and wanted to be a part of lt. Now whether that happens or not we all can only speculate. jmo and cheers
Going concern is a statement made by companies that lack financial resources to meet expenses, or at risk of this
Its for the highly speculative ones that have financial stress
Problem is the financials still show hardly any revenue -for the entire year of 36,017 and loss from operations of 1849666
So they are reliant on financings amd this will cause dilutikn
So I take the going concern in that context
The GE "alliance" was VPT joining the Edison program that 1000s of other developers have as well
There are no further details so really hard to put much into that
Are they comarketing?(They aren't on the GE vivid webpage)
Not likely
In the end -we will see-if the sales dont materialize
if there aren't more financings -Going concern is appropriate
All IMO
Not trying to save anyone-I like doing a deep dive
Its fun and few do i