RE:RE:VPTs Financials WalkOverTheStrt wrote: Graham that is standard boiler plate verbiage most micro caps use in their filings....
We know sales are an issue but if you joined one of the investor calls Alvira has stated when they expect those POs/units to be accepted and the sales orders will ramp (Q4). I am not expecting anything of note until Q4. But if Q4 does not have a marketable (10-15+ sales) I will be concerned but again this was stated to occur two investor calls ago by Alvira. Do you join the investor calls?
I read the transcript.
the fact remains, sales are negligible and have been negligible for the history of the company.
this is a fact, verifiable.
The boiler plate, is a statement of going concern indicating that because there have been so little sold, and because sales are uncertain, the company very well could (and has ) become insolvent.
That is also a fact.Its also a legal requirement fo companies at risk of insolvency to protect investors, notwithstanding the reassurances of bagholders and those with a vested interest.
Now loooking forward, yes, sales MAY come, and the LONG sales cycle is well known.
Still, a cash raise and dilution is also likely, and I will believe that sales will happen when I see it.]So far its just doctors with free product, paid representatives, PR firms, and promoters talking about how great the product is.
Show me the money.