Published in Medical Imaging Business Week, June 29th, 2006
VSM has determined that the public offering it was pursuing would not provide VSM with the longer-term stability it requires as it deals with the clinical evolution of the magnetoencephalography (MEG) market.
VSM has entered into serious discussions with a merchant bank for a more comprehensive financing. These discussions are based on the potential that the merchant bank may provide VSM with a multi-faceted financing involving equity, a multi-year credit facility and other financial opportunities. If...
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