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Microcap & Penny Stocks : Veritec, Inc. - Hot, or Not? -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (3)9/19/1998 2:24:00 PM
From: ToolManInc  Respond to of 9
 
They are about to come out of bankruptcy. More money is coming into the company. New products are in the works. Lost of interest in their technology.

A company, RVSI, has a similiar product. In fact Veritec and Robitic Vision were in a patent infringement suit a couple of years ago. Veritec sued RVSI..but due to a lack of $ stopped the suit. They are considering starting it again. Apparently one of their people left and went and formed his own company in Flordia, with the technology and then was bought out by RVSI. Will have to see what happens there. I have been involved with this stock since 1986. Still think it has a lot of hope.