I know Von Trader was slapped on the wrist for his comment regarding coming news flow, but it did lead me to do some more reading.
Certainly not suggesting that we'll hear anything imminently, but this comment from the Chairman's address in December 2011 is encouraging:
"Another major NSW Hospital evaluation is scheduled for the New Year and the First Flow is also currently being evaluated by a major Queensland hospital."
I know first hand how hard it is to launch a product to market. Nobody knows you and rejection is a part of life.
But what they do have is a resale partner who is active. That is a good sign and they have already secured Concord Hospital and the NSW Ambulance Service.
Obviously not enough to pay the bills, but you always run a low margin when trying to establish references.
The half year report to Dec 2011 should be more positive.
Once again GLAH.
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