VentriPoint Diagnostics Ltd V.VPT

volume

[bluemoons20]

We have some  volume  to provide some liquidity for those that want out.  However, if the past is any indicator,  we need  1 million  +days  to see the price increase.  There is still a lot of overhang  from the  financing shares  as well.

As far as set to go next week  ,  have a good holiday.  For sure the stock is going no where soon given the  current set-up  and recent events.

We have money  but we do a financing  then appoint someone who worked for GE  to the Board?  This seems to indicate we are in this for the long term.   I was hoping  for  way better short term results from the GE arrangements  but that and a buy-out  is still a long way away.   Now with the dilution of shares  , any buyout price is likely going to be lower on a per share basis.   I would hope to be wrong  but  the number of units  that we can sell  is not likely a function of the number of shares outstanding.

So the longer this drags out  , the lower the  buy-out price per share.
I am in this to try to make money  ,but things  are not going too well.  Even though  someone may be getting lubed  and ready to go.  IMHO  it is not the share price.

GLTA

[jopatclo]

This post has been removed in accordance with Community Policy

[bluemoons20]

If you are happy  , that is good.  Looking at the chart,  it was  .50  in  March  and it is  .50  now.  Think  high was in April. To  me  ,   being at  .50  for   6  months  is not doing good.  especially  since  they  got  the  deal everyone  wanted and the price

[Yajne]

trading a bit thin on TSX-V today but still healthy volume 574 k if you include all exchanges

[WalkOverTheStrt]

Focousing on your two statements as are strange...  Your statement: "Now with the dilution of shares, any buyout price is likely going to be lower on a per share basis." My response:  That's how financing by adding shares works...but if the funding helps get to 4D and / or jump shares then the buyout price will likely be higher than without this funding being put to work..

[Yajne]

If I might add one angle...IMO the financing also gives VPT the ability to install some 'pay-for-use' units.... VPT would still own these units. 'Tolling' has potential to be a HUGE cash generation machine for VPT. There are MANY reasons why the financing was a good thing and approx 70% of the financing taken up by institutions, they obviously see VPT's potential as well.

[bluemoons20]

Sorry I was not clear..   There are only so many hospitals and so the  market for sales of machines is the same whether we have 1,000  shares out or 1,000,000 shares out.  The buyout price will be based on potential sales  so the number of shares out will split  whatever the buyout number will be.  Therefore  by  diluting the  ownership  

[Bihicellow]

Very good post ! No bashing or pumping !!! I wasn’t happy with more financing after we were told about enough cash for three years , we were told 80-100 units sold by year end off 2020 , sales to date one year later , zero , none , zilch , only managed to giveaway 17 to 20 units , the last one went to Skinner as a replacement , The buyout talk !! Is just that , TALK , how about talking about one