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3.9¢ g medical innovations holdings limited

Thanks for the feedback P. The company did mention that they are...

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HonyakuKonyaku

662 Posts.

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02/08/19

07:53

Post #: 39823045
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Originally posted by Poorunsdownhill: ↑

The number of patients is going to depend on how many doctors use the product. if currently we have 100 doctors handing out the devices to 7 patients a month with an expected cost of around $700 each there is your 500k. Doctors can only see so many patients a month so until more doctors take this on board I would expect to see the numbers plateau. for me they have steadied which to me suggests the doctors are happy with the product and want to keep using it. Once more doctors adopt this technology these numbers will increase. I don't think this is an issue at all personally. Also we can't create heart problems etc to increase revenue so if no one had a heart problem for a whole month and we had no customers would you be worried? I wouldn't because we serve a purpose and it was just an unexpected gully. Health is hard to predict. All we can do it provide a service for when it's needed and build our base of doctors which I'm sure we are doing

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Thanks for the feedback P. The company did mention that they are increasing the sales team in the presentation.

GMV Price at posting: 16.0¢ Sentiment: None Disclosure: Held
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