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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 > Question for VPT management
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Post by shawshank666 on Jul 05, 2023 2:12pm

Question for VPT management

Will this sale show up as second quarter revenue or third quarter revenue or Q4 revenue or as revenue for 2024? Since the equipment has been installed and is being used you would think the whole process is done and it is time to pay up.
Comment by ScienceFirst on Jul 05, 2023 2:56pm
If it's installed, it's because it will now appear as a sale in the Q3revenues, just like the CEO explained it very clearly in the latest conference call. But more importantly, it's the validation of this technology that matters the most as it confirms that usefulness of this technology and confirms that there's no other technology that can beat them.fulfill this need.  So we ...more  
Comment by jopatclo on Jul 05, 2023 3:26pm
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Comment by shawshank666 on Jul 05, 2023 4:00pm
Sciencefirst. I know as everybody else does that management doesn't manage this board. It was a question put out to see if anybody would know when the German sale would be recorded as revenue. And just because you say it will be recorded as Q3 revenue doesn't mean it will be. Unless you are doing the books for the company.
Comment by ScienceFirst on Jul 05, 2023 4:18pm
Then why are you asking the question if VPT management doesn't read the board and that you cannot accept answers from anyone else? The management has been clear;  when it's a sale, like we have here in the header ("Sale"), then it's because the cycle is completed.  They wouldn't pu out a news release with the name of their cardiologists if the sale cycle was ...more  
Comment by shawshank666 on Jul 05, 2023 5:41pm
If(I say if) it is a done deal then I agree it will be in the Q3 revenue hopefully along with some of the sales that supposedly happened in 2022. And who says the management doesn't read this board. I wouldn't be surprised if there aren't some members of management posting info on this board under strange names like Sciencefirst or G1945 or your friend Jopat!!! In the end we are all ...more  
Comment by ScienceFirst on Jul 05, 2023 6:31pm
Because you bought too high, you fall into plot theories now?   __________   shawshank666 - (7/5/2023 5:41:16 PM) RE:RE:RE:RE:RE:Question for VPT management If(I say if) it is a done deal then I agree it will be in the Q3 revenue hopefully along with some of the sales that supposedly happened in 2022. And who says the management doesn't read this board. I wouldn& ...more  
Comment by shawshank666 on Jul 05, 2023 9:50pm
When I first bought over 10 years ago  VPT's technology was supposed to replace MRIs. Now here we over 10 years later and maybe sales are just starting??? Will it ever replace the MRI? No but it will work along  side it. At the time I didn't think I was overpaying. Who knows, I may eventually average down and make some money. Let's have a few more sales first before I run out ...more  
Comment by jopatclo on Jul 06, 2023 9:33am
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Comment by jopatclo on Jul 06, 2023 10:38am
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Comment by WalkOverTheStrt on Jul 06, 2023 11:07pm
Science first is spot on. This sale will be recorded in revenue.  as sciencefirst stated how revenue is recorded has been covered and will likely again be so at the next investor call. 
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