Ann: Sentry Group Pilot Program - Progress Update, page-61

Your points are somewhat valid, however you also need to consider:
• Sentry started out as a HOA and now demand has seen the pilot grow from 6 to 15 practices. The reality is that Sentry can't force any of their practices to participate and the demand to participate is being driven by the Sentry practices themselves. That's a major positive.
• MF is having daily communications with the CEO of Sentry, which suggests a very close working relationship and absolute buy in from both sides. That's also a major positive.
• MOU's 2 and 3 (when they're announced) could easily walk away, just like Sentry could have and can still do.
• Sentry are doing anything but walk away. They are committing further to the program. That suggests they see major potential benefits, so I put two and two together and expect MOU's 2 and 3 to follow a similar path to Sentry.

I'm a glass half full kind of guy once I've done my research and to me the fundamentals of IAM just got a whole lot better.

The share price will do it's own thing in the short term but eventually the pros will arrive.