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PainChek General Discussion, page-7532

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PerryNuym

388 Posts.

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10/11/19

07:29

Post #: 41340868
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Originally posted by Paddypunter: ↑

I think we probably need to cool the jets on the estimations of a Philips deal. As I said in a previous post, the numbers are eye watering, but I doubt Philips will simply sign on the dotted line for some of the figures being thrown around.
It’s easy to get carried away on the possibilities but let’s walk before we run.
PD said it will be a small roll out into 2 or 3 markets at first - this sounds like a trial basically.
Which is absolutely fine by me - as long as there is revenue generated.
Does anyone know what the current business model for Philips is in terms of revenue and how they generate it?
They seem provide the machinery to Healthcare so my guess is the consumer pays an annual fee per item, which covers ongoing maintenance/replacement etc.

So In that regard Painchek is really only viable for a small portion of their products - those products would then need to have the tech installed, tested and rolled out.
This would take time.

I was happy to hear PD confirmed my thoughts on the exclusivity - there won’t be any. I simply don’t know where he would get the time to deal with GE & Siemens also - he has plenty on his plate as it is, he’s possibly had a brief chat and is not so subtlety reminding them. I assume they are aware of PCK and are interested in the outcome of a Philips deal - if there is an agreement.

My thoughts have moved away from the AI aspect - I think the potential is amazing, but it’s 10 or 15 years away. I’ll possibly still be a holder then anyway so happy days.
I think the biggest benefit Painchek offers right now is it replaces and improves the Abbey painscale - that alone, is huge. The results of the baby app trial in a few months will reiterate this (fingers crossed). The baseline for initially assessing a baby in an ED, having that assessment computerised, consistent and cloud based....... being the tech that performs that is incredible.
Forget prescribing drugs or any other nonsense, the existing method is essentially human guesswork - lets just replace that.

My new moto for PCK - Zero churn rate = Zero risk.

That brings us revenue, the SP will follow.

Time will tell!

drink whiskey
cuddle badger

Expand

cool your own jet
Phillips deal is on
as obvious as mole on aunt Rasna s face
dyor imo

PCK Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

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PainChek General Discussion, page-7532

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Immutep reports strong response rate from immunotherapies treating carcinomas

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PainChek General Discussion, page-7532

Top Stories

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

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Almonty locks in govt agreement for tungsten oxide plant in South Korea

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Bitcoin investors need to know the risks

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Immutep reports strong response rate from immunotherapies treating carcinomas

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