You said
"2021 before any sales"
Company Said
"Despite expected delays to submitting applications to these two jurisdictions, Memphasys, together with
its regulatory advisors, has been actively evaluating a range of sizable and/ or useful early test markets
(outside of the above-mentioned markets) with lower regulatory hurdles, which provides a greater
chance of seeing commercial sales of the Felix device in mid to late 2020."
You said
"sales of the device which has a limited no of customers"
Reality
Market of 1.2 Billion USD and is a large- fast growing global market
You said
"small sales of hardware and cartridge sales"
Reality
If the product works, i cant see why almost every single IVF clinic will not buy our device based on this metric alone
The efficiency and cost that this device will save is nothing to scoff at.
Ultimately IVF is a growing Global market, and we have a device that potentially could be in every IVF clinic and used every time one of the procedures is required.... but yeh, i guess just a few sales and only limited customers hahaha
GL All
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