Ann: 2023 Annual General Meeting Presentation slides, page-8

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gragou02

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04/11/23

10:12

Post #: 70725248
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Originally posted by Michaelirish: ↑

There is high morale in NAN. The Direct Sales in the US is going gangbusters. The changeover to this system was being planned for 5 years with Mr Sargant steering. He worked at GE in a high level. Mr Kavanagh brought all sales of consumables into the NAN orbit. This was the first step and was meant to be a sign to the market that a complete Direct Sales model was under way. The market missed it and for awhile it was thought GE was jettisoning NAN. This was further advanced when it was realized that NAN was not considering GE for the marketing of Coris. The market did not know that GE had no expertise in Endoscopy, a severe deficit in medical analysis.
I met most of the key people in NAN. Mr Farrugia told me that the current version of Coris was not the first. About 18 months ago NAN realized that they had to jettison the original model and start again. So Coris today is 18 months old. That is something that really surprised me. Mr Kavanagh hinted that all was not well in 2020 when he said big improvements were being contemplated.
I am looking forward to the future with NAN.
I have a more complete understanding of AuditPro and T2 working in tandem.................Acutrace sends the data to the cloud and AuditPro goes to the cloud and connects the data to the patient for the facility record

Dr Marshall is a really humble person considering his great achievements. He told me NAN is an outstanding COMPANY.

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Thanks so much for taking the time to bring us up to date.

NAN Price at posting: $3.91 Sentiment: Hold Disclosure: Held
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