VentriPoint Diagnostics Ltd V.VPT

News out!!!!!!!!!!!

[Topper00]

This news release should make for a interesting trading day. Good job Ventripoint!!! The tech was always there!

[woundedknee]

No mention of money involved. China has a history of stealing technology. How much is this worth to VPT? This is really a nothing NR as the generalality of this has been known. Show us the bucks.

[Retiremesouth]

woundedknee Let me remind you of a past post of yours! Cocky bast!rd...but he backs it up with success. gl

[woundedknee]

No problem and I stand by that. All I said is that this NR is nothing we don't know already and how much is it worth to us? Do we make money off of the product? it was stated that Chinese sources were being used, so I guess not or very little. But that's an assumption on my part. Again, it's too bad these facillities are not on Canada, made in Canada and sold from Canada. But I remain

[woundedknee]

Again, if money is made on licensing fees that's great.

[Retiremesouth]

My guess is that we may not make anything on the initial sales of these units, however I would think that we would collect a royalty of sorts on the individual ongoing usage of the machines. Much like the US pay per use plan, and if this is the case VPT is far better off in the long run taking into account the population of the various provinces in China and the amount of heart disease prevalent.

[invest2profit]

Big expansion into the largest market in the world. Already sold 10 machines in China. They must have liked what they saw to want to scale this up.

[wanttoretireearly]

I don't think so since we knew about this since George's webinar about a week ago when he accidentally mentioned about China.