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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

Post by GrahamBon Aug 30, 2024 8:53pm
470 Views
Post# 36203664

Financials and Financing

Financials and Financing

Financials are out, and it's more of the same, which isn't pretty


305,615 Left in cash, and with 2.6 million cash burn, the need for LIFe financing makes sense.

They need cash , and right quick -as the liquidity is drying up

With the prior financing still not closed, and it looks like the interest from the street is not there-now retail is being tapped.

Oh, and the sales that have been coming -every quarter , same thing
30,000 revenue in 3 months.'

deja Vu all again
(I hear the resident pumper Jopatchie and G 19xx - sales are coming , soapbox yada yada-bottom line
 o evidence this product will sell

Glad to watch on the sidelines

Still no traction with millions spent-there is no evidence that there is demand for product

all IMO
fwiw
entertainment on;y 

 

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