Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Verisante Technology Inc V.VER.H

Alternate Symbol(s):  VRSEF

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 > Back to the gravel
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(1178)
•••
Comment by Pandoraon Jun 14, 2022 6:42pm
138 Views
Post# 34756592

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Back to the gravel

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Back to the gravel
Pandora wrote:
Share consolidation -- might have known that was coming! Standard procedure it seem for 90% of these venture companies. After you build up a few they then cut your feet out from under you. Once it started trading again I guess all of the action was previous buyers finally selling out for tax loss purposes once they had the opportunity.

Now those of us that are left (if there are any) will have 1/10th of the worthless shares that we currently have and no idea what the company might attempt to do to try and add some kind of value.

So do you sell 10,000 for a penny or 1000 for a dime? You can be reasonably sure that the dime value will start to work it's way back down to a penny.


Currently 98M shares, which in todays terms is not a large number. The consolidation will take it down to 9.8M and open the door for the next expected move which will likely be a financing offer at 5 to 7 cents to raise capital to do what??
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities