here we go again

Selling info packs relating to heart health etc. A Voucher is in the pack to have the Intelliheart test performed.

Stting up locations for testing in close proximity to pharmacy outlets (5Km-10Km).

No leasing of buildings but a pay per session arrangement.

Portable machines will be used. Rotation of locations to optimize productivity.

Launch starts July 30th. Retail $199.00 also a discount coupon if second test is performed 6 months down the track.

Hoping for 1.5 to 2 test per pharmacy per week = 1600 test per month in victoria.

will need to have more machines made up for national rollout down the track. Hopefully without funding????

If these targets are met should turn IMI to cash flow positive. 30 Day payment terms.

Normal business type of profit margin. ???? If your astute business person you would have some idea.

Upbeat on middle east. Everything as per previous updates.

Italy won't hear much for at least 6 months or so.

Doesn't sound to positive on clinical roll out. There is still a presence in the clinics. Some medicare issues causing problems.

IMI update middle of next week and will have more info on sigma amongst other info.

Health funds two majors showing interest in doing some trials etc. Big companies move like dinosaurs. Struggle.

And the seven day adventist hospital reabilitation clinic in sydney closed down about 2 or 3 years ago. I didn't know that.

Management are aware of share activity today. hard to understand why it got smashed. Will keep market updated as much as possible, with announcements etc.

BH12

DYOR