Progressive Stocks

[MC33]

VRSEF- Old interview but a rehash what we might be expecting this month.

http://www.cantechletter.com/2011/10/cantech-letter-interviews-thomas-braun-of-verisante-technology/

We will start pre-marketing by going to dermatology and medical device conferences and trade shows. A lot of people simply won’t buy it until they can get a live demonstration, we expect that by March we will have fully functioning models from Starfish that we can take to trade shows and demonstrate for delivery in June. We should be generating revenue starting in eight months. Before the end of this year we will have seven fully functioning prototypes that we will send out to leading clinics in Australia, the UK, to Cambridge, and in the United Sates. We’ll use this to collect tons of data and then use that data to try and get FDA approval.

The February offering was $.25 cents a unit and the warrants had an exercise price of $.30 cents and those have all been exercised. Now it’s just the $.50 cent warrants from April that are out there.