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http://spie.org/x48133.xml?ArticleID=x48133 reposting for newcomers
Agent IPO compensation warrants Expire Dec 7th 2011. http://www.verisante.com/news/11/t-ray-science-inc-announces-completion-of-initial-public-offering/
Warrants expired on November 29th 2011.
http://www.verisante.com/news/34/t-ray-science-completes-private-placement/
Next Warrant Expiry date = Feb 1st 2013, 4 Million warrants at 30 cents per warrant.
http://www.verisante.com/news/41/verisante-completes-private-placement-announces-attendance-at-the-american-academy-of-dermatology-meeting/
April 15th 2013 Warrant expiry - 12.5 Million @ 50 cents US
http://www.verisante.com/news/48/skin-cancer-detection-company-completes-5-million-private-placement-industrial-space-expanded-analysis-of-clinical-trial-data/
$ 7Million in the kitty! VRS is well funded all the way to Aura production in later 1/2 of 2012.
Giddy up!
for those who missed the show...
http://www.am650radio.com/podcasts.aspx
[about 2-3 mins into the broadcast, the CEO of Verisante is interviewed about the marketing of the Aura, a ground-breaking market entry diagnostic product for skin cancer set for market entry in 2012. Approved already in CA and EU and Brazil and i think it's valid for sale in Australia or will be by year's end 2011.
If you've not had the opportunity to here the chief, Thomas Braun speak recently, this is a short 5-10 min interview that will make it happen for you.
....that sound in the distance...(rumble-rumble-rumble)...
are the Bulls coming?
Yes indeed. It seems that I read somewhere that there is a presentation in late January with a keynote by one of the Verisante Aura scientists Haishan Zeng....
my eyes just shot WIDE OPEN!
i had the presumption that the "FDAs" in both Canada aka [health canada] and Europe [EC marking] had those data to make a decision...but, Mr. Anderson.....
THANKS FOR THE CONFIRMATION! =]
....JUST GOT AN EARLY CHRISTMAS PRESENT
THANKS BROTHA
Michael,
Do you mean by your one word post that the results were published? I didn't see any link......
Thanks dude!
Walt
It's nice to know that the warrant holders are confident and making their money....
Only builds the foundation stronger for the main-streeters like me....keeps me in this one for the longer-run.......
should be interesting to see what TMX and otcqx and frankfurt do tomorrow given the 600k+ stack of warrants coming due for exercising.....
i'm loving what i'm seeing though....all the support indicators jumping
VOLUME SPIKE TODAY
sure is nice seeing those warrants being exercised....i believe expiration was set for tomorrow on a healthy stack
my feeling is some of these were exercised today.....makes one feel secure sticking with the VRSEF knowing the warrant holders are exercising their right to buy at almost every due date
more information including a management discussion and Q3 financial statements were uploaded last night at midnight on
www.sedar.com
today it's located @
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00028817
yes....sorry bout that....they were 50 cent warrants
i learned that there were no terms on those privately placed 10 million share/warrants except that they have 2 years to exercise the option to puchase them.
so...those dudes got a heck of a deal considering the SP is due to adjust upwards to conform to the revenue generation streams and the projected sales.....
glad to have VRSEF as a significant retirement LTA....
can you imagine what will be their next Spectrometry diagnostic tool? HIV detection? Ebola? Exciting especially considering the success that this organization has had with licensure in so many countries.....
Speculation based on 2012 GROSS Income/the prospects
Starfish(manufacturer of the Aura) has an identified output of 40 units/month
Low unit price stated is $30,000 with an upside mentioned of $60,000 (discounting demand driving the price even higher based on scarcity eg. the ninetendo Wii)
2012 monthly gross income projections as of December 2011 with demand projected at all 40 buildable units/month
$1,200,000.00/month Gross Income(GI) @ $30k/aura unit
$2,400,000.00/month GI @ $60k/aura unit
$14,400,000.00 2012 GI @ the 30k price point selling all 40 units all 12 months
$28,800,000.00 2012 GI @ the 60k price point selling all 40 units all 12 months
Going conservatively based on possibillity of production not ramping-up until June of 2012 we may divide by 2 or half those figures...
$7,200,000.00 2012 GI @ the 30k price point selling all 40 units for the last 6 months of 2012
$14,400,000.00 2012 GI @ the 60k price point selling all 40 units for the last 6 months of 2012
So, that income will easily support the corporate processes to bring Core to market, which may also bring significant income generation?
Anyone interested in bringing the costs to bear on this could easily make these numbers Net Income vs. the current Gross projection here.
Also, when were those last Warrants exercised again? How many of those 40cent shares are being disseminated into this market/day? Anyone?
conclusion point:
highend estimate of 2012 GI $28,800,000.00
lowend estimate of 2012 GI $7,200,000.00
Happy Thanksgiving!
sounds like everything is as i've witnessed just trading VRSEF....i believe it's the same exact share as a VRS just a name thing. all stocks V3T, VRS, and VRSEF are all the same unit with only a name and market location being different.....my understanding.
also, i don't believe the U.S. OTC!Qx is on a halt system for announcements and thus it continues to trade in VRSEF even when the market halts by canadian securities legality.
at any rate, i still believe the US is mostly in the dark as to the capability of VRSEF due to lack of awareness of the 200+ ninety+% accuracy lesion study results. people here probably are still in the "too good to be true" school of thought with respect to verisante. sort of like when Doctors first started using devices to monitor oxygen aka "oximeters" 60ish years ago people then probably thought that was snake oil too!
oh well....i expect sales figures any day now with expense projections and i'm thinking 4th Q results + the 22nd of January's presentation by the inventors of Aura's 1000ish lesion study to be tantalizing for the market. also who knows if there will be placement aka IPO of Verisante to the Nasdaq at some point in the near future and whatever that will do to SP VRS/VRSEF/V3T......nevertheless.....this is all just idle thinking....
back to our matter i do feel that trading doesn't halt in the US otcQx market for announcements which may affect share prices by the corporation for what it's worth. also, the few cents of share price difference are likely just day-to-day currency fluctuations with the home country being the price basis.......
Cheers! long weekend here in the states!
it seems that trade showed first thing this morning. I believe that put the share price tag out around 79 cents.
could it be that the otc/" pink sheets" aren't as I heavily regulated or accounted as are the higher dollar markets like nasdaq or nyse?
I have also seen this occur with my trades on otcqx thru scotttrade even while simultaneously monitoring the otcqx and scottrade.
it can be unsettling but i'm supposing that's the cost of being ahead of the curve when ipo hits nasdaq......time will tell...gentlemen ; )
Spectrometry is identified by multiple universities in multiple countries as a viable option for CANCER diagnostics(aka with the look forward to the outcome of ....drum roll please.........REAL-TIME BIOPSIES.
Below is a link from the UK researching University. Vanderbilt(usa) also has some medical personel with their eyes on the ball.
BC Cancer and Vancouver isn't the only place with multiple sets of eyes on the spectrometry ball! They will simply be the first to market with this technology and the first to roll-out 2nd generation status with regard for the algorythms(software which powers these tools)underlying this very fascinating technological breakthrough. Improving the algorythms improves the specificity and sensitivity to accuracy in Cancer Diagnosing by spectrometry.
https://iris.ucl.ac.uk/research/browse/show-publication?pub_id=158441&source_id=3
Congrats Malc! You are dancin!
cbynote01,
T-Ray was/is Verisante prior to the renaming. I'm sure you are aware of the information below? Staggering preliminary results actually already available.....and it's quite common/normal for preliminary results to mirror the final results(correct me if I'm wrong here.)
All the best, Walt
"T-Ray has signed a collaborative research agreement with the Skin Care Centre at Vancouver General Hospital/Department of Dermatology and Skin Science, UBC. Pursuant to the agreement, T-Ray will fund the statistical analysis of the results of a six-year human clinical study in which the Verisante Aura technology was used to image approximately 1,000 suspicious skin lesions at Vancouver General Hospital’s renowned Skin Care Centre. While the Verisante™ Aura™ detects all types of skin cancers, published preliminary results of 274 lesions demonstrated exceptional sensitivity of 100% and specificity of 70% for the detection of melanoma, the most deadly form of skin cancer."
infor found near bottom of page[9th paragraph from bottom]
http://www.verisante.com/news/37/t-ray-science-announces-key-milestones-toward-commercialization/
not if it works...."since it works"
Fortunately he's right. But the good news is, short or long purchase, you will make money on VRSEF.
i must confess as a newer trader, my first inclination when I woke up +13k dollars on the 18th of July was to sell. I made 10k off my initial outlay only to get burned when the Teabagging/moodying of the market happened in the second week of August. I lost all my profits in the ensuing onslaught for naught that happened( and I cannot say it enough...bc of teabagging/and moodying.)I waited 2 months to recover my losses from the fleecing the market took and never came back. until.....
nevertheless, when i finally saw the light and reinvested in VRSEF at the 61 cent mark, I fully recovered my lost value in about a 2 week time period.
I don't believe these prices are realistic of the "real" value. I'de say a long investor has a helluva deal anywhere under 2.60 and maybe even anywhere under 5.00 but time will back me up on this little known fact.....
off to your races gentlemen!
Dito: I tend to lean in this direction myself cbynote01! I've been in this otcqx stock since back in July and my feeling is exactly that.
The foundation is solidifying more and more by the day. I'm at the concrete understanding with VRSEF at this point not only due to my clinical and medical device background but also just by reading the news about the company.
These 80cent shares now are the 30-40cent shares of last spring. More ups on the way, indeed.
Can't wait to see my scottrade balance at the end of the year.
signed,
hongkongwalt CVZ
Chief Verisante Zealot
k dude. i get ya now. we had better call you supersnipe"andy kaufman" one or supersnipe"jim carey" one.
i take my money pretty seriously. my vitamin zoloft(without the aid of something much stronger and likely off the market) doesn't make me speak in silly tongues regarding such a a pink-sheet stock as VRSEF at this time but, i can respect a good sense of humor.
unfortunately for a great number of Mela-find investors who don't manage to reallocate their funding before the market evaluates honestly, this will hardly be a funny, ha ha, thing. perhaps the market will tolerate the value of a snakeoiler's tale in the form of Mela's product, would certainly be nice for all their shareholders....
jmho
peace and thanks for trying to explain your previous communique on the forum...
To the "Genius" Supersnipe one:
There's nothing amazing about Verisante......there is just some basic scientific principle behind the technology. It's not going to jump through the roof.
But, it's a solid long-term investment for anyone with "half-a-brain." People thought google was just a dumb "misunderestimable and misunderstandable" concept not to far in the recent past.....
If you have "less-than-half" a brain, not naming any names here, there is nothing amazing or otherwise that should or could motivate you to make an intelligent investment in a company poised for growth(long-term) stable growth.
Notified,
hongkongwalt88888888(btw my name's not Bill a@#hole)
p.s. also, btw, how many shares do you have in MELA or that other wanna be "cancer-o-meter company?" funny how recently in the past nobody ever even imagined there could possibly be a cancer-o-meter.
Sounds like you haven't been following the plan as put forth by Thomas Braun,CEO Verisante Tech.
The market share he's after is at ground zero for skin cancer aka a little known continent named Australia. Get to know it and the market there if you are truly trying to find a marketing job with Verisante.
When the approval is granted, that is where you can watch for the beach-head to form!
Don't take my work for it take the word of the dude that seems to accomplish about ever goal per the timeline he's established and made public.......Thomas Braun.
I'm just an impartial shareholder...... = ]