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Re: stockman555 post# 1072

Tuesday, 02/12/2013 11:13:36 AM

Tuesday, February 12, 2013 11:13:36 AM

Post# of 1302
The last quarterly filing for Verisante discusses operations up until Sept. 30, 2012:

http://www.verisante.com/docs/Verisante%20FS%20Sep12.pdf

The company's announcement that they would contribute $250,000 toward development and deployment of the Core and Aura is dated June 14, 2012:

http://www.verisante.com/news/82/verisante-technology-inc-extends-research-agreement-with-bc-cancer-agency/

We can conclude that during the 45 days between June 14 and Sept. 30, the company had not yet begun spending the announced $250,000 on R&D. I'm unfazed. When the next financial report is filed, and that should be soon, we may see evidence of that spending. If we don't, I will be surprised.