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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 > Financials and Financing
View:
Post by GrahamB on Aug 30, 2024 8:53pm

Financials and Financing

Financials are out, and it's more of the same, which isn't pretty


305,615 Left in cash, and with 2.6 million cash burn, the need for LIFe financing makes sense.

They need cash , and right quick -as the liquidity is drying up

With the prior financing still not closed, and it looks like the interest from the street is not there-now retail is being tapped.

Oh, and the sales that have been coming -every quarter , same thing
30,000 revenue in 3 months.'

deja Vu all again
(I hear the resident pumper Jopatchie and G 19xx - sales are coming , soapbox yada yada-bottom line
 o evidence this product will sell

Glad to watch on the sidelines

Still no traction with millions spent-there is no evidence that there is demand for product

all IMO
fwiw
entertainment on;y

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