Verisante Technology Inc (VRS.H)

[stockman555]

be very careful on this one. The company is intentionally vauge when it comes to details leaving promoters in message boards to fill in the blanks. They have been cleared to sell in Canada, Europe, and Australia for 15-17 months but only received their 1st order last week. That first order news gave absolutely no specifics. Will have to wait until Q! filing to see what, if any, revenue the company had. The device is basically a few pieces of molded plastic on wheels with some software and a light source so my estimate for production is +/- $2,000.00. The company has deliberately encoaraged the belief that this device can sell for $60,000.00 but has never said it expressly just leaving posters to create the assumption. Max selling price IMO would be $5K-$6K with distributors taking half.