VentriPoint Diagnostics Ltd V.VPT

RE:RE:RE:Sales Update

[G1945V]

GrahamB wrote:

G1945V (270)

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December 10, 2022 - 06:31 AM

31 Reads

Post# 35163579 

 

“Graham, I see that you're still preaching to the choir with the same old same old. Kinda getting monotonous eh!

 

To remind you once again, we know how to read financials. “

 

True, so monotonous and boring.

So boring that the company didn’t even acknowledge with a PR(unless I missed it )
 

Since you are so good at reading financials help me here….

 

6,209,862 left in the bank(down about 3 million from 9,268,963 9 months ago)

Total current liabilities = 1,026,916
 

A same old same old as you say cash burn  (loss from operations ) of 1,404,688 e every 3 months and again boring old no/minimal sales 

 

I calculate insolvency (cant pay the bills-YAWN) inside of a year.

Yawn, I know-help me here
What am I missing-those sales and revenue still haven't happened-meh, boring


all imo
all for fun
do your own dd

Graham Ventripoint is far from becoming insolvent and you know it.

Why do you even go there? Your crystal ball has led you to that, has it?

VPT's short-term assets of $6.5M exceed its short-term liabilities of $1M and its long-term liabilities of $138K.

VPT is good to run for 1.5 years at the present burn rate.

Ventripoint runs a tight ship. Sales will come.


G1945V