VTI Research

Hello Everyone,

Just finished my research and thought to share some summary notes of VisioneeringTechnologies Inc. to show its potential and value proposition.

CorporateOverview

Share Code: VTI

Shares on Issue: 907 million

Market Cap: $14.5 million

Current Share Price: 0.016

52 weeks high: 0.105

52 weeks low: 0.012

UnlistedOptions

Unlisted options with various exercise prices

Key Financials

Cash in bank (31/3/20): US $4 million

Borrowing: Loan withdrawal of US $4 million

US$3 million Convertible Notes Payable issued byvarious investors at 10% interest due July 11, 2023

US$1 million Note Payable to Bank issued by SiliconValley Bank at 1% interest due in 2025

Recent Appendix 4C states" Finally, the steps we implemented to conserve cash, while limiting long-term growth potential for now, should enable us to lower our net cash used in operating activities to less than US$ 1.0m in each of the two remaining quarters of FY 2020, leaving us on solid financial footing through 2020 and well into 2021.”

Substantialshareholders

Regal Fund - $84 mil (10.11 %)

Thorney Technologies - 245 mil (26.97%)

Below are the few selected screenshots of VTI investor presentations

Highly Credentialed Board of Directors


VTI sells patented revolutionary contact lenses

1. Presbyopia


Presbyopia addressable market


Current marketed MF contact lenses have two major shortcomings


2. Paediatric Myopia (Nearsightedness in children)


Paediatric Myopia progression


VTI at Forefront of Amplified industry interest in Myopia


Options available to slow myopia progression are limited


Key Highlights (Jan 2019 to May 2020)


Current state and the path forward


Recent updates as announced in Business Activity Report (dated: 15/7/20)





All in my opinion and research. Good luck and please do your own research!