How Disruptive is RAP?, page-9

Morning all!
Exactly @rnclarke76 patience is the key to Wealth Creation on the stock market particularly with RAP.

In my view the reason that RAP has held up so well is because FIL are continuing to purchase on market supporting our price in the low thirties, rightfully so too considering they bought stock in the high to low forties as well. If I had deep pockets I would also do the same rather than going out guns blazing buying my large fill only to witness it retract by say 50% during this dormant period where by Resapp are waiting for a third-party to complete the key to unlocking our success. Ultimately FIL are buying us time holding up the price before all the major news hits, beautifully played ladies and gentlemen. One would have to assume that 'they' and 'others' would start to ramp up the buying process as the days count down for the U.S studies to be concluded! Only a few weeks away now, ! I've been holding large parcels since 2 cents as most of you know and been averaging up since doing my part to support 'our' company. It would be Madness to sell out at this point when we are so close to getting the show on the road baby...

One of the other main reasons I suppose our share price is being held up so well is simply because we already know that this works. Based on the paediatric and adult test results to date. There is absolutely no reason why the results should differ from our Australian results. Our algorithms are machine learning so technically speaking with greater volumes of patients you should see more accuracy within the algo.

Telehealth companies without a doubt need our technology embedded within their programs to accurately diagnose respiratory diseases. It's so obvious and so critical that they have something that actually works.



Legislative change is continuing to support telehealth and introduce reimbursements into their Medicaid system across much of America now which ultimately means these 'delays' that Resapp have experienced will give us greater leverage moving forward with these large telehealth companies or other potential Partners alike...

"The most common path being taken by states is to cover telehealth services in the Medicaid program. In fact, 48 states and the District of Columbia now provide some form of Medicaid reimbursement for telehealth services. Another avenue is for states to create requirements for private insurance related to telehealth. Some of these laws include requirements to cover telehealth services. Currently, 32 states and the District of Columbia have some kind of private payer policy."




http://www.ncsl.org/research/health/state-coverage-for-telehealth-services.aspx

Looking forward to next week and in particular next month!!

All the very best and hope you all enjoy your Sunday...

Cheers

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