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VeriTeQ Corp. (VTEQ)

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Last Post: 8/13/2016 6:00:46 PM - Followers: 174 - Board type: Free - Posts Today: 0



On July 8, 2013, VeriTeQ completed a share exchange agreement with Digital Angel Corporation, which trades as DIGA. Digital Angel is changing its name change to VeriTeQ and will also change its stock symbol.
VeriTeQ develops innovative RFID technologies for implantable medical device identification and radiation dose measurement technologies.
VeriTeQ's FDA-cleared Unique Device Identifier (UDI) is used to identify implantable medical devices, on demand. VeriTeQ's dosimeters help ensure patient safety by measuring the dose of radiation delivered to a patient in real time.


                                                                                    New Mandate Will Help Sell Veriteq's FDA-Approved Microchip  (Seeking Alpha article)

Most companies are trying to sell products, but very few companies have the government mandating purchases in their product category. Veriteq (OTCQB:VTEQ) found itself in this enviable position just a few months ago and will continue to enjoy this luck for the near-term future. Because of an FDA ruling with an initial compliance deadline of October 2014, Veriteq will begin to enjoy mandated demand for its niche industry before October 2014 and has forecasted revenue of $239 million - many multiples of its current market capitalization - with 61% gross profit margins.

Management Team

Scott R. Silverman, Chairman and CEO
Mr. Silverman has been Chairman and CEO of VeriTeQ since its inception in December 2011. He served as Chairman and CEO of PositiveID Corporation (OTCBB:PSID) from 2008 to August 2011, and Chairman and CEO of VeriChip Corporation (NASDAQ:CHIP) from December 2006 to July 2008.  He was Chairman of Digital Angel Corporation from 2003 to 2007. From 2003 to 2006, Silverman served as Chairman and CEO of Applied Digital Solutions (NASDAQ:ADSX). Prior to his role as Chairman and CEO of Applied Digital he held other senior positions with the company. Silverman is an attorney licensed to practice in NJ and PA, and has more than 15 years of executive experience with technology companies. He is a graduate of the University of Pennsylvania and Villanova School of Law.

Randolph K. Geissler, President
Mr. Geissler has been President of VeriTeQ since July 2012 and is also currently the CEO of Geissler Corporation. He specializes in managing companies and technologies focused on RFID, optical imaging and artificial antibodies. His vision and implementation are directly responsible for bringing the implantable microchip from "just an idea" to its highly successful status of more than 80 million microchips implanted in animals worldwide for identification and tracking. He previously served as CEO of Geissler Technologies (2004 - 2008) when he sold the company's expansive product development pipeline. Prior to that, he served as CEO of Digital Angel Corporation (AMEX: DOC) (2000 - 2003) and Destron Fearing (Nasdaq: DFCO) (1993 - 1999), a company he founded. He took his company public (two times) and has broad experience in product development, electronic miniaturization, application of advanced technologies in new markets, and creating marketing alliances; plus extensive experience in establishing strategic intellectual property and patent portfolios.

Caryn Mills, Director of Strategic Alliances
Ms. Mills joined the VeriTeQ team in September 2013, bringing 15-plus years of extensive experience in pharmaceutical and medical device sales, marketing and business development. Prior to joining VeriTeQ, Ms. Mills held top producing sales, management, marketing and business development positions with medical device and pharmaceutical companies including Schering Plough Pharmaceuticals(December 1998-July 2005), King Hospital Surgical Division (July 2005- January 2011), and Covidien Surgical Solutions (January 2011-August 2013). Ms. Mills is responsible for identifying and advancing new partnerships with implantable medical device manufacturers to help them meet federal regulations requiring unique device identification ("UDI"), by using the Company's FDA cleared radio frequency identification microchip "Q inside" within their devices. Ms. Mills will also be responsible for bringing to market the Company's dosimeter technologies for use in radiation therapy treatment.

Allison Tomek, Sr. VP, Investor Relations & Corporate Communications
Ms. Tomek has served as Sr. VP, IR and Corporate Communications of VeriTeQ since its inception and has served as Sr. VP, Investor Relations & Corporate Communications of PositiveID since 2009. She joined PositiveID in January 2007 as VP. From January 2007 to June 2008 she was VP of Investor Relations at Applied Digital Solutions and Digital Angel. From 2003 to 2006, Tomek was Director of Investor Relations and Corporate Communications at Andrx Corporation (NASDAQ:ADRX), a pharmaceutical manufacturer and distributor, and held investor relations positions at RailAmerica (NYSE:RRA) from 2001 to 2003.  Tomek is the former President of the National Investor Relations Institute – South Florida chapter and a current member of the chapter’s Board.

Share Structure
Preferred Stock –    5M authorized 
                                411K outstanding
Common Shares – 50M authorized
                                    7M outstanding

  • 1D
  • 1M
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  • 3M
  • 6M
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Current Price
Bid Ask Day's Range
#9602   maybe here is why okwife 08/13/16 06:00:46 PM
#9601   Dropped .10 today. Nothing comes up under Hen 08/08/16 07:13:34 PM
#9600   ??? G_ 06/17/16 02:23:32 PM
#9599   Not waiting for an encore? tradeologist 04/21/16 10:16:09 PM
#9598   The scams over, we all took a hit, HMONNY 03/31/16 12:01:51 PM
#9597   Why no more updates from company? Where votrade 02/16/16 11:22:10 AM
#9596   DO NOT BUY THIS POS!! R2R 02/10/16 02:59:47 PM
#9595   These fools need to be arrested with that R/S! HMONNY 02/09/16 10:30:10 AM
#9594   They are gone to do the same en PSID. Robery 02/08/16 08:39:01 AM
#9592   Yeah these crooks need to be in jail MrMuney 12/31/15 11:34:48 AM
#9591   What to expect from a "company" out of malc stone 12/30/15 10:56:29 AM
#9590   Dead stock. Silverman u da man! tob999 12/22/15 07:02:29 AM
#9589   FBI will be looking it this stock because Super2013 12/21/15 09:54:11 AM
#9588   Huge day here! 2 Shares in Volume. onthegreen 12/02/15 12:51:42 PM
#9587   Will have to see if this goes thru onthegreen 12/02/15 09:15:34 AM
#9586   Brace Shop is real, Purchased from them before onthegreen 12/02/15 09:15:13 AM
#9585   VeriTeQ Corporation to Acquire The Brace Shop onthegreen 12/02/15 09:14:24 AM
#9584   News Out. Legitimate Acquisition. onthegreen 12/02/15 09:12:27 AM
#9583   yep, it appears shareholders have been had on lookng4winners 10/27/15 07:30:42 AM
#9582   Silverman sold existing shareholders down the Swanny with tob999 10/23/15 12:40:47 PM
#9581   'SANTIOWNZ, FOLLOWING your positive posts for very long time oren1 10/20/15 09:53:29 AM
#9580   DO NOT TRADE... Complaints submitted to SEC Hen 10/19/15 09:06:00 PM
#9579   It's the smell coming from the rotting corpses Batfly 10/12/15 10:43:00 AM
#9578   What makes you think something is brewing? Hen 10/10/15 11:03:36 AM
#9577   Something is brewing... richi1 10/09/15 02:51:08 PM
#9576   The lower this stock goes the more I win. Batfly 10/06/15 11:39:32 PM
#9575   The only way VTEQ will go anywhere is Batfly 10/05/15 08:04:37 PM
#9574   Doesn't mean the company was legit. Many of SANTIOWNZ 10/05/15 02:38:45 PM
#9573   What happened? I thought you were the one MrMuney 10/05/15 02:37:07 PM
#9572   $$- DO NOT TRADE -$$ SANTIOWNZ 10/01/15 07:17:03 AM
#9571   I lost 600 on this POS luckeyone 09/25/15 02:09:45 AM
#9570   They are bored. This stock is dead. Silverman tob999 09/22/15 05:39:54 PM
#9569   I miss the bashers today - why? richi1 09/18/15 02:00:56 PM
#9568   Yeah same. I took a nice bath here. MrMuney 09/18/15 11:32:47 AM
#9567   Man I am sooooo glad I got out Shon7 09/17/15 07:39:19 PM
#9566   BK comin. Silverman has destroyed VTEQ. tob999 09/15/15 09:57:50 AM
#9565   That's the least of their problems. Fold up time. MrMuney 09/14/15 12:54:27 PM
#9564   Wow. Failing to file on time has stokbrokin 09/10/15 10:08:45 PM
#9563 tob999 09/09/15 09:17:31 AM
#9562   Lol..1 share volume today on this dead stock. tob999 09/04/15 11:47:01 AM
#9561   Yup. Silverman has killed his own stock. tob999 09/04/15 05:09:15 AM
#9560   Pretty quiet here OTCdoc 09/03/15 09:55:48 PM
#9559   D has come off this turdd..still a turd tho! tob999 08/27/15 04:19:16 AM
#9558   What could possibly happen to make this possible? OTCdoc 08/25/15 08:00:37 AM
#9557   Everyone is going to bail in disgust selling Batfly 08/24/15 04:33:15 PM
#9556   Yup Silverman can't squeeze any more from selling tob999 08/24/15 01:52:23 PM
#9555   Could be huge scotsand 08/23/15 10:47:48 AM
#9553   Reload, if so,,things could get very interesting around OTCdoc 08/23/15 12:05:37 AM
#9552   thus becoming an empty shell......Can you say Reverse OTCdoc 08/22/15 11:45:54 PM
#9551   LIQUIDITY DEFICIENCY Reload 08/21/15 02:43:30 PM