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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

Bullboard - Stock Discussion Forum 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... see more

TSXV:VPT - Post Discussion

VentriPoint Diagnostics Ltd > The question becomes?
View:
Post by canon12345 on Oct 29, 2020 9:46am

The question becomes?

Do you believe George is going to do what he says and get 80-100 installs in the next year and sell out or not? There are 18 installs at the moment and it doesn't seem a big stretch to get to 80-100. Would be nice if they did a news release giving us an update but really the video is better then an update in my opinion. Don't understand the selling myself unless people don't think George will get this done. He has done it multiple times before why not again?
Comment by SirStocksalot97 on Oct 29, 2020 10:01am
Those were my thoughts exactly after watching the vid and having been invested in this company since early 2018. Seems like a great time to average down and wait until this pans out, however these are still uncertain times as an investor in general. The question becomes, what truly is your risk tolerance? 
Comment by snuff133 on Oct 29, 2020 10:02am
The people who are selling this stock have no idea what's actually going on here , there here to make a quick buck and move onto the next one . They have been playing this stock for years. Until we get actual news which I thought would be this week the stock will slowly creep back as those investors get impatient and sell of . Only positive is the shares are going to stronger hands and when we ...more  
Comment by Jakemastero on Oct 29, 2020 10:03am
How do u know there are 18 installs ? He has only reported 2 installs in his past 2 nr . Why we sitting at 0.95 c with 18 installs ?
Comment by canon12345 on Oct 29, 2020 10:05am
Watch the video
Comment by Jakemastero on Oct 29, 2020 10:08am
Don't have time busy watching sona crash lol
Comment by old_dog on Oct 29, 2020 10:30am
Lets work some math....80 units...it's a huge megalithic number...NOT. As George alluded to in his most recent Promo video he did with the company they hired to do PR work south of the border some of the hospitals they are working with have 6 different locations and I'm sure there must be at least 6 of those situations. Europe is another area where a single unit per hospital will be bumped ...more  
Comment by B4TheRush on Oct 29, 2020 10:31am
This post has been removed in accordance with Community Policy
Comment by bcman79 on Oct 29, 2020 10:40am
Well said sir. Thank you again for you valuable insight. I spent the last of my play money on topping up my VPT float. Just trying to stay patient. Reading your posts certainly do calm my nerves. From a new investor to a seasoned investor THANK YOU.
Comment by KILOFINAL on Oct 29, 2020 11:03am
I'm interested in the recurring revenue potential as VPT could generate $ from each procedure, $50 I believe was a number mentioned related to leasing/renting the equipment
Comment by KILOFINAL on Oct 29, 2020 11:09am
If 1 machine can theoretically do 100 patients a week at roughly 15 minutes per procedure, that's potentially $240,000 in revenue per year from just 1 machine
Comment by old_dog on Oct 29, 2020 11:36am
I'd be  more inclined to run it like this...7 hour day....1 patient every 30 minutes...14 patients a day, 4 days a week....$145,600.00...still a decent rate of return...the reason for a 4 day week, holidays, vacations, training, other things going on.....But lets face it...if you have 100 machines bring in this kind of revenue your looking at 14.5 million a year in revenue and the problem ...more  
Comment by canon12345 on Oct 29, 2020 2:12pm
Like the $.50 dividend per share concept! There are 10's of thousands of hospitals in the countries that have already recieved FDA or similiar approval for this product. China has something like 30,000 hospitals alone. There may even be multiple machines in some hospitals. The numbers are staggering if you look at the potential revenue this could generate. 80-100 would only be a tiny fraction ...more  
Comment by old_dog on Oct 29, 2020 2:28pm
Here's the killer on the 50 cent dividend concept if it ever came about.... you buy 300,000 shares at 15 cents...so a $45,000.00 buy in....you wait for three to 5 years....5 years from now a new CEO....and they are sending out a 50 cent dividend......your shares are in your TFSA....so all the dividend income is TAX FREE....$150,000.00 per annum tax free....you don't even have to record ...more  
Comment by B4TheRush on Oct 29, 2020 2:52pm
This post has been removed in accordance with Community Policy
Comment by Jakemastero on Oct 29, 2020 3:04pm
Hey b4therush let me make it clear . You pumping Vpt on our board we will tolerate it but if your going to pump other stocks and specially Hlth I will get you kicked out form stockhouse consider this a warning . Also just a heads up I won't even buy Hlth even I had to use your money tu buy it. Please consider this my final warning .
Comment by Jakemastero on Oct 29, 2020 3:07pm
Hey old dog what's your avg for vpt . Mine is .12c will buy some more eod and make it .11c today 
Comment by SirStocksalot97 on Oct 29, 2020 5:30pm
As a CPA for 10+ years in public practice, I confirm that you are on the ball about this :). Although positive speculation helps us sleep at night, this is a bit of a long-shot tbh. One step at a time my old friend! Looking forward to a future NR with 20+ units and growing progress in new hospitals before year end. 
Comment by old_dog on Oct 29, 2020 10:52am
This should have been higher 52 states at 2 units per state 10 provinces at 2 per province 6 European hospitals at 2 per hospital 104+2+12= 118 units.......and there is nothing stating that these numbers wouldn't get higher based on the two methods of aquiring the machines. Not to mention the billing aspect for the american hospitals.  104+20+12= 136 units..... So hitting the mark ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities