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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 > Sales update soon?
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Post by GrahamB on Nov 13, 2023 10:00am

Sales update soon?

Touching base, as I understand, we will be receiving financials soon, for the third quarter, and there’s only about a month left in the fourth quarter.

I have not heard much news at all about sales, which I thought odd, as they did a press release with single sales in the last year-but its crickets

Sales are what I am waiting for before making an investment. There needs to be a demand for the product, that matches the enthusiasm posted on this board, and that I have read and seen on the YouTube videos.

To date, the sales have been negligible, or in 2021, zero.
 
There was talk about a flood of sales, but the most recent investor call transcript seemed to walk that back. Just for review and for context when the financials come out, here we are to date.
 
 
For the record ie. from Sedar:
 
Total revenue for year ending Dec. 31, 2018  = $60,177
Total revenue for year ending Dec. 31, 2019  = $81,023
Total revenue for year ending Dec. 31, 2020  = $36,017
 
Total revenue for year ending Dec. 31, 2021  = $Nil
Total revenue for year ending Dec. 31, 2022 68,167

We will see soon enough.
Every quarter I have heard, next quarter-for 2 years+
all imo
 
Comment by jopatclo on Nov 13, 2023 10:13am
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Comment by GrahamB on Nov 13, 2023 10:27am
Comment by jopatcloon Nov 13, 2023 10:13am 5 Views  Post# 35731782 RE:Sales update soon? "Touching base,shake..shake..game vultures FUD" My posts lists the factual, verified sales. Full stop. So, yes FUD=Facts Uncover Deceipt   
Comment by jopatclo on Nov 13, 2023 10:41am
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Comment by jopatclo on Nov 13, 2023 10:45am
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Comment by GrahamB on Nov 13, 2023 12:14pm
Comment by jopatcloon Nov 13, 2023 10:41am 23 Views  Post# 35731881 RE:RE:Sales update soon? Facts yes, Completion of VMS+ 4.0Granham Again, and lastly, verifiable facts of what is actually happening, Importntly sales(or almost lack therof here)  Not stories of what will be We have been down that road of what will happen for years Show ...more  
Comment by MartyD on Nov 13, 2023 1:37pm
I'd say that's pretty smart investing Grahm. They always say,, if you don't know or are uncomfortable you shouldn't invest. Scared money never lasts long.
Comment by GrahamB on Nov 13, 2023 5:34pm
I dont know, based on the data, if this company will be able to generate sales. As such, its a speculation. I have put money into many speculative stories in the past, and they rarely work out Once i invest in any company, its based on fundamentals and the story, and at that point it is what it it is-but its on me. So never "scared". its how I became financially independent at a ...more  
Comment by MartyD on Nov 13, 2023 6:12pm
Good for you.  Based on what your investment criteria is, you should not even be following this stock. 
Comment by GrahamB on Nov 13, 2023 7:42pm
Thanks for the advice_I am good figuring out how, when, and where to direct my energy and capital. It was promoted to me, and I did the work so its easy to follow now. You have to turn over a lot of stones with small caps, to find a winner, There are about 25 I follow. If things continue along and they continue to not make sales-so be it. If they suprise and actually get traction-I will be there ...more  
Comment by WalkOverTheStrt on Nov 16, 2023 8:55am
GrahamB, I personally do not expect any sales in Q3 aside from the two German sales announced in the summer.  There is a clear issue in getting decision makers )procurement/hopsital admin) after the clinicial evalution/demo (cardiac team/direct VMS users) to seeing this as a needed technology vs a nice to have (quote from Alvira two qtrs ago).  This comes down to sales strategy ...more  
Comment by jopatclo on Nov 16, 2023 9:28am
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Comment by jopatclo on Nov 16, 2023 12:29pm
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Comment by jopatclo on Nov 16, 2023 2:57pm
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Comment by jopatclo on Nov 16, 2023 10:38am
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Comment by GrahamB on Nov 16, 2023 2:17pm
Thanks for the response, and your detailed thoughts. I agree with almost all of what you have said, and there just seem to be a lot of questions at this point,   At first review, it's hard to believe that the product isn't selling, since it does offer a cost effective way to analyze the heart in 3-D, from 2D images, with potential cost savings.   Having said that, it ...more  
Comment by WalkOverTheStrt on Nov 17, 2023 2:30pm
GrahamB, I do not believe they have a competitor yet. TomTec is advancing but 4.0 seems to get them to a solid tech advantage but we will see. My biggest worry is GE HC builds this themselves but usually big tech/HC firms arent great at that, more buy vs build. I've spoken to a board member and also tried to connect to Alvira via a call (was scheduled and then cancelled last min), as well as ...more  
Comment by jopatclo on Nov 17, 2023 3:21pm
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Comment by jopatclo on Nov 18, 2023 4:26pm
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Comment by MartyD on Nov 17, 2023 11:36pm
Ah Boyz,  you think too much. What's going to be brutal is the realization for GEHC they missed the departure date and ASCEND took the prize.  It's ketchup for everyone else.  If the board weren't confident in the company, they'd be raising money already. If this is good enough to corroborate with ASCEND,  there's no need to raise cash from us blokes. We' ...more  
Comment by WalkOverTheStrt on Nov 18, 2023 12:39pm
Like the enthusiam but no company wants to take the chance of running out of capital even with a potential revenue stream going online in the near term (Ascend). I expect a raise as even if Ascend launched tomorrow it will take months minimum to build up adoption, it isnt a light switch. Even with VMS on Ascend's platform someone (Ascend/VMS) has to sell/educate the end users on VMS. That ...more  
Comment by MartyD on Nov 17, 2023 11:38pm
Ah Boyz,@ you think too much. What@s going to be brutal is the realization for GEHC they missed the departure date and ASCEND took the prize.@ It@s ketchup for everyone else.@ If the board weren@t confident in the company, they@d be raising money already. If this is good enough to corroborate with ASCEND,@ there@s no need to raise cash from us blokes. We@re here to catch a wave and get a good ride ...more  
Comment by GrahamB on Nov 20, 2023 9:11am
Really good DD here Walk OS. You clearly are doing a deep dive, by connecting directly with VPT. What brought me here was another poster from another stock I followed, but I will say I became interested in the technology and area because of my interest and background. To me, its in the too hard pile for now, because the AI/tech is being developed by several others and its not clear where they ...more  
Comment by jopatclo on Nov 20, 2023 9:35am
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Comment by WalkOverTheStrt on Nov 23, 2023 8:36am
GrahamB, I'm trying to help them where I can. Alvira has never responded to my questions / sales strategy recommendations and example pitch deck to describe makers.  IR has never rescheduled the call I had with her after multiple tries. I will continue to try   That said the board member I've spoken to and emailed has connected me to their new brand hire (may be working off ...more  
Comment by WalkOverTheStrt on Nov 23, 2023 8:36am
GrahamB, I@m trying to help them where I can. Alvira has never responded to my questions / sales strategy recommendations and example pitch deck to describe makers. @IR has never rescheduled the call I had with her after multiple tries. I will continue to try @ That said the board member I@ve spoken to and emailed has connected me to their new brand hire (may be working off stock) and he is sharp ...more  
Comment by jopatclo on Nov 24, 2023 9:34am
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Comment by jopatclo on Nov 24, 2023 10:06am
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Comment by Stanny1 on Nov 16, 2023 3:26pm
Nice to see a reasonable post on this board.  Sure beats that gibberish we see 10 times a day for a stock that is very close to a 1 year low
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