GMV 0.00% 3.9¢ g medical innovations holdings limited

GMV The Future, page-528

  1. 1,155 Posts.
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    Hi G13. I enjoy reading your posts.You state......

    In short, the patch as been trailed at no less than 11 potential customers. Theses have been completed and are now waiting to be turned into revenue. This will most likely be rental agreement for the patch with IDTF monitoring services revenue also.

    That's a long, long way from being a sale.

    The company states it's in the process forming definite agreements with 7 customers in the UK to provide the patch and ITDF facilities. Average customer accounts are $256k pounds each pa.

    I'm pretty excited to finally be executing the GMV business model. This UK business has NOT been acquired but started from scratch by GMV and should provide revenues within 12 mths of start up being Q3 last year.

    That is also a long way from being a sale.

    My point is that the words, will potential, now waiting and in the process are words that many will feel are a long way from collected revenue.

    Sure it is a starting point and if I've misunderstood the tone or context of your posting my apologies in advance.

    Last edited by 61212305: 05/08/19
 
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