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Verisante Technology, Inc V.VRS

Sector: Healthcare | Sub-Sector: Medical Devices
Alternate Symbol(s): VRSEF

Verisante Technology, Inc. is a medical device company, commercializing systems for the early detection of cancer. Its products include the Verisante Aura for skin cancer detection & the Verisante Core series for lung, colon & cervical cancer detection.
Price: $0.185 | Change: $0.00 | % Change: 0.00%
Volume: 65,000 | Day High/Low: 0.195/0.185 | 52 Week High/Low: 0.52/0.165
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BNN

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January 20, 2014 05:23 pm

Excellent ad for Core today on BNN.  
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RE:BNN

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January 20, 2014 06:17 pm

Strictly on a presumptive level, it now appears that CORE will be the savior. The BC Cancer Agency and the BC Ministry of Health as well as Verisante have dropped the ball on the Aura. How an agency can develop such an innovative technology with nowhere to go, baffles me.
So if the Ministry of Health does not recognize the benefits of the CORE, then there is very little hope that the Human Race can survive on an intelectual and humane basis in the future.
My question to all the parties involved would be "Why have you even bothered to research and develop not only these units, but any life saving and cost saving devices at all?"
Do these researches and agencies think it is just a giggly little department that goes "Hee Hee look what we made". No better than a bunch of kids. The clock is ticking!!!!
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RE:RE:BNN

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January 21, 2014 11:50 am


Quite a negative assessment of all the hard work the entire team (researchers, developers, TB, et al) has done to this point!  I know from first-hand experience (worked for a major pharma) that it can take YEARS to bring a new product to market.  And it's even MORE challenging to bring one to market while trying to develop major product extensions (CORE) at the same time, with very little financial resources.  But at some point soon, IMHO, "the market" will recognize the potential of this amazing technology and begin to value our stock accordingly.  There have been stumbles and mistakes along the way to be sure, but I have the highest confidence in TB and his entire team at the BCCA to move this outstanding technology and products to market as soon as possible. I'm in this as an INVESTOR (from $.72 2 years ago), NOT as a day trader. And trust me, I know when to hold 'em and when to fold 'em...and I'm still hanging on!!  As usual, do your own DD.
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RE:RE:RE:BNN

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January 21, 2014 12:17 pm


I was just crafting a similar response and decided to just keep it to myself.....but Don’t know how it’s even possible for the BC Cancer Agency to drop the ball, and M of H have shareholders to answer to.
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RE:RE:RE:BNN

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January 21, 2014 01:35 pm

CsondNvestR...Yes perhaps a somewhat negative asessment, however as a shareholder and similarily as any management official of any corporation might do you every now and again express your frustration and concern with the velocity of progress. I, in no way am saying that the hard work of the BC Cancer agency is not appreciated and has gone unnoticed. I do wonder though how they as an agency of the BC Ministry of Health did not have constructive consultation with them, to ensure that such an extraordinay innovative medical device would not be immediately accepted and implemented by the BC Medical Industry in some form or the other. Perhaps my lack of a clear understanding of the medical industry logistics and total functionality as to how technology is asessed and applied where and when as needed to the Health Care system.

That said I have been a shareholder of VRS since February of 2011 and my average cost is .65 cents. I as well am a longterm shareholder and will continue as such until we have achieved the success it rightly deserves. But even the most insightly shareholders and astute investors would surely at some point have to question how and why we have not progressed further than we have, after a very successful introduction to the marketplace some 3 years ago.  It is my hope and desire that they truely succeed in their efforts. IMHO.

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RE:RE:RE:RE:BNN

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January 22, 2014 10:11 am

So good to hear from someone who isn't a pumper or dumper. I have been holding trying to get back to 52 cents.  When and  a big "IF" we get back there, I'm not so sure I plan to stick around for another drop.  Don't usually do pennies but I really thought this was a great product.  This stock has surely taught me why I'll never do them again, great product or not.
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RE:RE:RE:RE:RE:BNN

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January 22, 2014 05:58 pm

Underlying science ( Raman, cellular diagnostic ) was attractive, product is questionable, you bot the story not the product, and you fell in love seduced with frequent PRs and this board pumping.
If you eliminate emotions and use rational DD you could make some nice profit on penny stocks.
Also, buying the "product" means buying the management and great product requires equally competent management. Good luck
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RE:RE:RE:RE:RE:RE:BNN

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January 22, 2014 06:21 pm

VRS77 wrote: Underlying science ( Raman, cellular diagnostic ) was attractive, product is questionable, you bot the story not the product, and you fell in love seduced with frequent PRs and this board pumping.
If you eliminate emotions and use rational DD you could make some nice profit on penny stocks.
Also, buying the "product" means buying the management and great product requires equally competent management. Good luck


If you check out the profile of VRS77 you will notice he gives no "portfolio" as an indication of his astute investing skill. You will also notice his only posts are on the VRS board ... as a negative contributor ... since March 2013. Prior to that he was known as James77 and I believe his tactics were the same for some time prior to that date. With actions like this I am not sure that he does not have some kind of agenda that he is working to.
I am sure it is not the type of action that someone would consider as an endorsement to follow any of his advice.
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RE:RE:RE:RE:RE:RE:RE:BNN

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January 22, 2014 06:41 pm


He is also impersonating a doctor
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RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 22, 2014 07:37 pm


A real doctor would tend to post stuff like this, 29 minutes ago | Vote 0 0 Ontario’s oncologist shortage means 5,700 cancer patients not getting radiation Theresa Boyle TORONTO — More than 5,700 Ontario cancer patients are not getting radiation treatment — including palliative patients who need it for pain relief — because of a shortage of radiation oncologists, according to an association representing the specialists. "There are patients who could clearly benefit from radiation who are not receiving it," said Dr. David D'Souza, chair of the Ontario Association of Radiation Oncologists. Patients get other treatments instead, even though radiation is preferable, he explained. For instance, palliative patients can get painkillers, but they have strong side effects. "Our feeling is it would be a better quality of life to have your pain alleviated with a short course of radiation so you can go back to doing the things you were doing rather than be on high amounts of pain medication that make you feel off," D'Souza said. Cancer Care Ontario, which organizes cancer services in the province, acknowledges that its radiation target is not being met. Some 48 per cent of cancer patients should get radiation, but fewer than 40 per cent do. There were 72,000 new cases of cancer diagnosed in Ontario last year. There are now 185 radiation oncologists working in the province. Cancer Care Ontario advised the province to hire four more radiation oncologists last year, four or five more in the fiscal year ending at the end of March, and five more in each of the next three years. Meantime, the Royal College of Physicians and Surgeons of Canada said there are many underemployed and underemployed radiation oncologists. Dr. Padraig Warde, interim vice president of clinical programs at Cancer Care Ontario, denies there is a shortage. "If there was a shortage, there would be a long wait to be seen radiation oncologists," he argued, noting 87 per cent of patients see the specialists within 14 days of being referred. But D'Souza said the waiting list numbers don't take into account that many patients who need radiation never get referred in the first place. As well, he said radiation oncologists are overworked, with most seeing more than 300 new patients annually when they should be only seeing a maximum of 280. Warde acknowledged Cancer Care Ontario would like to have more radiation treatment available for palliative patients. "We feel the real gap is likely in patients who, toward the end of life, might benefit from radiation treatment to control pain or other issues. However there are other treatments they can have," he said. Warde said radiation oncology has come a long way over the years in Ontario. At the ends of the 1990s, Ontario was sending patients to the United States for radiation because it couldn't meet the demand here, he noted. And just five to seven years ago, only 34 per cent of cancer patients were getting radiation, he pointed out. The pinch is being felt across the province, including at Sunnybrook Health Sciences Centre which plans to treat 6,900 cancer patients with radiation this year, up from about 6,000 last year, said Dr. Gregory Czarnota, chief of radiation oncology. Dr. Arjun Sahgal, deputy chief of radiation oncology at Sunnybrook, said he can't treat as many patients as he would like with radio surgery, which allows him to precisely target brain tumours with high doses of radiation. He does whole-brain radiation instead, which is faster, but also affects healthy tissue and causes problems such as memory loss. News services
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RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 22, 2014 07:40 pm


Stock house is suddenly nervous about reposting intellectual property....here's the link http://www.therecord.com/news-story/4329450-ontario-s-oncologist-shortage-means-5-700-cancer-patients-not-getting-radiation/
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RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 23, 2014 02:12 am


Dan, I can identify with this story. My wife went through 18 months of opiate type pain killers after cancer surgery and without radiation for 13 of those months. They finally gave her radiation after the 13 months and it got rid of the pain but they kept her on the drugs not wanting to stop the process, just in case. As the article suggests the pain killer drugs are supposed to give a better quality of life than living in pain. Problem is the drugs create a poor quality of life in themselves. My wife had about 3 months pain free but not drug free before I lost her early last year.
I believe there has to be a better way ... but I'm not a doctor.
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RE:RE:RE:RE:RE:RE:RE:BNN

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January 23, 2014 12:07 am

Pandora, this is called "pumping". OK, I am 45 yrs physician and 25 yrs trader/investor. Paid my market learning dues early and pricey. Last 5 yrs I am almost only day trader or short term trader. Holding positions for minutes,hrs, or a few days.Trading many penny stocks and large caps. My favorite is to ride the hype and now selective IPOs. Very few stocks really long hold. I post on Yahoo and own small closed type Yahoo investors group.

Made recently nice profit with TKMR ( TKM.TO ) and ALS.TO. Posted both stocks ( before taking off ) on this board, but was called a "pumper". Made my money on 3D stocks, some on ONVO and big backs on VJET. 1/3 of my capital is in gold coins and some silver. Current long hold investments:

CADX ( IV acetaminophen, will be marketed in Canada soon )
FLDM ( human and plant genomic )
EVGN ( plant genomic, recent IPO )

ALS.TO ( outstanding management, mining royalty )
QHR.V  ( EMR, profitable, possible buyout ) - got this one last week at Cantech show

From all investment/trading books, if interested to read. I would recommend everyone to read "The 21 Irrefutable Truths of Trading" by John Hayden. This would help to learn how to control emotions and do rational DD.

PS. I am going to play hype ( quick in-and-out ) CRCM on Friday if market open green. This is new IPO in heakthcare sector, but very risky play.
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RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 23, 2014 02:24 am


VRS, thanks for your dissertation. Quite unexpected but good to be able to identify something of your characterization. Good to see your approach and I see you lean towards the medical side of things in keeping with your background and education.
Thanks for sharing. P.
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RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 23, 2014 11:37 am


James/VRS77,

When do you forsee a good day trading timeframe for VRS VRSEF? Thanks in advance James. Your recent postings are much appreciated by your long term heckler here on the farm in TN. If you ever get down this way, it seems i owe you a steak and a few drinks.

Thanks again for your elaboration and personal trading Rx! Very informative and honestly unexpected on my part.

All the best!
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RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 25, 2014 09:00 am

Hong, thanks for steak and drinks. Like with any other stock, VRS will be a good trade when the price takes off on double/triple or more of average daily volume. Catalyst is needed for this to happen. The only catalysts would be: selling 100+ Aura units ( with Q to Q increasing numbers ), getting some money in the bank/positive cash flow ( ultimately being profitable ), and submitting and getting FDA approval. Sure, buyout bidding would be icing on the cake. If any of those happen I will have large position in no time. At this point all those are only pipedream.

Another red flag for me is VRS having promo for hand-held device and Core and in the meantime not selling Aura. They have to sell Aura first before they go to another device and ask for more investors money.

Catalyst will not be another empty PR or price taking off without any reason ( false "flag", false breakout ) as VRS had a few times. Those false breakouts are design to suck in more investors money and/or to get another financing deal. 

At last jump ( false breakout ) I bot 10K shares and sold quickly after volume dried out and there was no any news, made grand total of 500$. I am sitting on very small position which I bot after
Bob Moriarty 321gold pumping article ( June 11, 2011 ). I was leery buying a med science stock recommended by mining expert, but did like science background under Aura. Now, I am in red and I have already written off that "casino money". Will follow VRS till they either prove me wrong and turn corners or till they go belly up. I am sure Dan, Electro, and Inspector will be trilled to have me here. Sorry guys, I am not going anywhere. GLA

PS: Made my "gas money" ( 400$ ) on CRCM IPO, market was very red and my quick in-and-out was too quick. Dan now you may erase my post, as you often do. I am positive your "universe" is upside down....
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 26, 2014 10:38 am

While you digress as the post goes on, the first paragraph is very informed and addresses some legitimate concerns.

We haven't had any news in awhile so we should get an update soon.

Hopefully we'll get some answers, and maybe even our catalyst to move the share price higher, and the company forward.
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 26, 2014 12:40 pm


If we don’t see an onslaught of news prior to the AGM, my hope is that the Special meeting is cause for silence. I haven’t been keeping up to date as much as I should, but I don’t recall any news since Mr. Braun hinted at some sort of partnership to keep us afloat. I’ll be a bit disappointed if he soon starts chucking bones out the front door.
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 28, 2014 12:22 pm

to a large extent I agree with your comments VRS77
great technology but sales are needed to bring a sustained positive momentum for the share price. 
I do not hold a position at this time, however I will continue to watch this for positive change. 
just my personal thoughts. 
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 29, 2014 11:49 am

Wow! Electric Sockets is out!
What does THAT tell you?!

I remember not too long in the past that he was trying to get in on the private offering.
Now he's out?

Hmmmmmm???
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN

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January 29, 2014 07:11 pm


Wow,,,, that is a shocker, parden the pun. I love the early detection technology as I have BCC.  Very disappointed in VRS management and their ability to promote this technology.  Still think it will be successful but it will require the implementation of reimbursement by health care/insurance programs in Canada. that will be the jump start it needs to generate profitable revenues.  With that said,  I bought back 1/2 a position at 23 cents and sold it 3 days ago for 25 cents.
I am full bore into PTK.V.  All speculative money into PTK.

GL on this one!
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RE:RE:RE:RE:RE:BNN

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January 22, 2014 06:22 pm


I have been in stocks for a long time and learned early the hard way. For the past 45 years I've been saying, if you want to play the penny stock do it with your spare change only. Its worked for me. Now if this will make you feel better, I also believed in their product, bought at .56c sold at .46c and bought back at .25c because I still believe they have something good to offer. All they need to do is cut off all the red tape that's holding it back.
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