MediVac Technology The Company is pleased to advise that the MetaMizer at St Vincents Private Hospital is now fully operational. The Company receives a regular income stream from this hospital in addition to the Cairns, Townsville and Cooktown sites. Following some recent enhancements to its MetaMizers at the Cairns Base Hospital, operating performance at this site has been significantly increased. As previously advised, the Company has placed a stronger focus on sales within this division, in particular maximizing the synergies with its joint venture partner, Globetech Environmental, Inc and is close to securing its first sale of a Logmed device in Australia.
Ann in December - At 1.1 cents - certainly worth a punt.
MDV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held