HCT 4.55% 2.1¢ holista colltech limited

Maybe they dont need it, do you KNOW whats going on with the M3...

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    Maybe they dont need it, do you KNOW whats going on with the M3 JV?

    Lets say they make just $10 from each M3 unit with ongoing Path-Way revenues? That can add up significantly

    From announcements that have already been under ASICs microscope:

    • The JV Agreement follows GICC’s success at securing a 36-month contract with the
      United States government to manufacture and install up to 10 million of its M3®
      systems
      to disinfect large buildings. Holista and the JV are not part of GICC’s US
      contract.

    • A Singapore-based manufacturing JV will be formed, which will be 49% owned by
    Holista and 51% owned by GICC. The JV will hold the rights to manufacture the
    M3® system for markets outside North America.

    • There will be minimal capital investment required by Holista as the JV will outsource all manufacturing as orders
      are received

    Last edited by splitview: 21/10/20
 
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