VentriPoint Diagnostics Ltd V.VPT

Remote training and installation

[Jennifer2020]

I expect the "good news" alluded to in the mgmt email about the AGM is sales.  This is the email that got things rolling from the low of .295

In fact, the company has already gained early sales traction with 16 sites completed the placements and 11 sites in progress. The Hospital committed placements breakdown is as per follows:

• Canada – 5 sites completed/2 additional sites in process
• US – 1 site completed/4 additional sites in process
• UK – 1 site completed and 3 sites in process
• Europe – 1 site completed/2 sites in process
• China – 8 sites completed

Last but not least, it is anticipated that multiple units will be purchased regularly by each hospital that uses the VMS+3.0 system – further boosting the growth ahead.

https://www.smallcapasia.com/5-things-to-like-about-ventripoint/

[GrahamB]

Jennifer, I hear you, but to me - I will wait for factual evidence that such sales are hitting the bottoms line(esp re China where the terms of any such sales are difficult to understand for a simple guy like me) I have posted on the lack of evidence for meaningful sales and repost below.   Still, If there are sales they must be reported on the financials. Yet, as noted…. 

[leonenoel]

Hi Jennifer, The CEO said during the June 10 webinar that GE's revenue model is to place the machines for free and collect pay per use fees from insurance reimbursements.  He also specifically said that the buyout agreement is for 80-100 machines sold or placed. GE will send the Ventripoint equipment "ipad on a stick" as an upgrade to to their ultrasound machines already

[GrahamB]

  Jennifer you indicate that :"He also specifically said that the buyout agreement is for 80-100 machines sold or placed." You are stating that a buyout agreement has been established. This is material and would , to my understanding of securities regulations, warrant a SEDAR filing. I follow SEDAR filings closely and can not verify your statement. Can you clarify? G

[GrahamB]

Not Jeniffer -Leonenoel

[leonenoel]

during the June 10 webinar

[Pandora]

According to the VPT website this is the June 10 webinar -- over 1 hour -- I did not go through it. https://youtu.be/1-mJ0ctMZ0M

[GrahamB]

At about 52 minutes the possibility of a buyout is discussed if sales/revenue materializes, as I understand it. There is no mention of an agreement to sell the company as you have stated above. 'If anyone can provide proof of an agreement, please do so. Otherwise such statements are promotional and misleading. 'Promotional videos with speculative statements don't cut it.

[leonenoel]

There is plenty of mention in the many videos. If that's not enough for you, that's your decision but stop muddying the waters for everybody else. I should have listened to all the warnings about you on this board. for somebody who doesn't like this company you spend way too much time here trying to save everybody. if you want proof, that's proof the warnings about you are correct.

[GrahamB]

Sorry that you see it that way, but I stand firm and am unapologetic in being fact based, and objective Leone. 'That is, you have stated a buyout agreement exists, when reassuring a investor on this board. 'This is not verifiable. Stating that there is a possible buyout is an entirely different matter, and I would agree with you. 'That is not what you have said, however