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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 shawshank666on May 03, 2023 9:31pm
78 Views
Post# 35429031

RE:RE:questions for the webinar

RE:RE:questions for the webinarRelax. I'm not trying to teach management anything. I just want to know why there was only $185,000 in revenue over the last 4 years with 35 units sold. That is about $5000 a unit. If that's the price of the unit then we will have to sell way more than 200 units a year($ 1 million in revenue) to justify a stock price of more than 10 cents. Even at $50,000 a unit we would need to sell 20 units just to have revenue of $1 million. $1 million in revenue for a stock with over 150 million shares out does not justify a 10 cent stock price. That is just common sense. Shareholders want to see revenues built up first and then some profits eventually. I was only using $500,000 per unit as an example to make the calculation easy.
Maybe you could share with the public what the cost of a VMS unit is. 
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