"Minimum PurchasesPursuant to the Agreement, FCL has agreed to...

"Minimum Purchases
Pursuant to the Agreement, FCL has agreed to purchase a minimum quantity of units within the 1st Year of
Prizma Medical Smartphone Case, with minimum total payments during this period anticipated to be US$90
million. FCL will pay a pre-determined price for each unit, with the total value of the Agreement based on the
minimum commitments of US$405 million, for the Territories within a 3-year period broken down as:
• Year 1 – US$90 million;
• Year 2 – US$135 million; and
• Year 3 – US$180 million.
G Medical advises that at this time, the Tier 1 partners of FCL have not yet formalised a definitive arrangement
with FCL, and thus FCL have not yet established their ‘Letter of Credit’ (details of the Tier 1 partners and ‘Letter
of Credit’ are outlined later in this release). On this basis, the Company cannot categorically state that the
full anticipated revenues under the Agreement with FCL can be achieved, until such time as the above have
been formalised."

Let's hope an announcement of this deal is formalised soon. At US90m revenue surely conservatively we are looking at 5x rating for mcap giving us value of circa $450m AUD conservatively.

ALMO DYOR