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3.9¢ g medical innovations holdings limited

Can someone please update me briefly on how the actual Company...

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sacredwhisper

335 Posts.

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28/03/21

17:19

Post #: 52095452
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Originally posted by RA_86_99: ↑

I was expecting GMV to be cash neutral at the end of the 2020 financial year. That didn't happen, despite cost cutting. I don't want to see another capital raising, unless its for an acquisition, and even then not until 2nd half of 2022.

Its time to build recurring revenue and get the VSMS upgraded, as well as the patch approval made permanent, officially. The patch will let us grab a huge swathe of extra patients, as it gets rid of hospitals’ need for capex expenditure on ECG machines. Its a hard sell with only emergency approval (I imagine)!

Patch => sticky integration with hospitals

I really think with the US emerging from the coronavirus storm, hospitals will be receptive to change again. That is still a quarter away though.

Im also looking forward to the company making market filings in a place where I can see them!

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Can someone please update me briefly on how the actual Company is tracking over past 6 mths?

Any newsflow regarding the actual business outside of delisting / trying 3rd attempt at Nasdaq?

That's what matters most really..............

GMV Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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