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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and cardiotoxicity in oncology patients. It provides application of artificial intelligence to echocardiography. Its flagship product, Ventripoint Medical System (VMS+), enhances echocardiography to deliver cMRI levels of accuracy for volumetric measurements and ejection fractions for all four chambers of the heart. It has developed a solution that transforms cardiac care through its 3D ECHO and MRI software. VMS products are powered by its proprietary Knowledge Based Reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI.


TSXV:VPT - Post by User

Comment by bluemoons20on Oct 31, 2021 9:04pm
180 Views
Post# 34071521

RE:RE:RE:volume

RE:RE:RE:volumeSorry I was not clear..   There are only so many hospitals and so the  market for sales of machines is the same whether we have 1,000  shares out or 1,000,000 shares out.  The buyout price will be based on potential sales  so the number of shares out will split  whatever the buyout number will be.  Therefore  by  diluting the  ownership  , existing shares will get less money per share as their percentage of the buy out.

If  we  had  enough money  for three years as had been stated  ,  why did we need the money.   Placing  'Toll' machines in  not a big deal  - downloading  sofware onto a  computer and installing it is not a billion dollar  operation.

That is the bueaty of this  product.  It is an add on  to an ultrasound.  The money is in the development of the software which  has been done for the most part.

I do not  understand the need to  defend the company on the boards. It does not do any good at all.

Investors want results  not good wishes.  I own and have for quite a while. I am not  in and  out on the swings, like  quite a few folks.  I  want this  to  succeed

Like I said  I like the story.  My fear is that the people that matter  might not like the story as well  as they need to.  Otherwise we would have had a bunch of sales.  Given some of the  comments on the 'Toll'  machine  where the hospital 'rents' it  and then charges the   customers (insurance companies)  for each use and pays for their 'rental'  in a few uses  resulting  in  a lot of profit for the hospital.  This seems like a 'no brainer'.  

But all these stories  and hopes  are not resulting in any  big wins for VPT.  We are still sitting at  .50  after 6 months.  If everyone believed   and went with the stories,  the stock would  be  3  or 4 times the price.  It is down here because a lot of people are dissappointed with the results and are selling.

There has to be more going on than  normal shareholders  know  or this thing  should be flying.

From what I see  I will have to give this another year  and assess it then.

GLTA
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