VentriPoint Diagnostics Ltd V.VPT

Correcting GrahamB's inaccurate statement

[WalkOverTheStrt]

Graham

They have made this warning before (see below) so not sure why you are stating they haven't made this statement before... 

VENTRIPOINT DIAGNOSTICS LTD. Management’s Discussion & Analysis – Quarterly Highlights Three Months Ended March 31, 2023 Dated May 30, 2023

https://www.ventripoint.com/_files/ugd/8e5203_6163d327e7974cdcb5a6eff9495cb751.pdf

As a result, there is a material uncertainty which creates significant doubt regarding the Company's ability to continue as a going concern

There is no certainty whether the Company will generate significant revenues or attain profitable operations in the near future and there can be no assurance that it will achieve profitability in the future, as it incurred a loss of $3,768,472 and had a negative cash flow from operating activities of $3,091,712 for the nine months ended March 31, 2023, and has accumulated $47,516,684 of losses as at March 31, 2023 (December 31, 2021 - accumulated losses of $43,748,212). As a result, there is a material uncertainty which creates significant doubt regarding the Company's ability to continue as a going concern

[chry200030]

No worries. It's just a CYA statement. I see this a lot.on news releases.

[jopatclo]

This post has been removed in accordance with Community Policy

[GrahamB]

Where did I say they haven't made this statement before? I am fully aware they have made note of the going concern concerns of the company-in fact I have quoted this in previous finacials in earlier posts? Am I missing something, or did I confuse you? Having said that-I do feel like focusing on minute intentions is missing the point. The key points in they financials and implications haven