PainChek & Philips Collaboration, page-100

I think the ASX was closed today to celebrate the birthday of that old bag Liz...even though it's not actually her birthday. Appreciate your enthusiasm nonetheless. Tomorrow might be a blood bath all over!

Phillips deal is close I can smell it. They (Phillips) wouldn't have re-engaged with Painchek if they weren't very keen to collaborate/partner. They had an easy escape with Covid and the issues it caused them. You'd also hope Daffas would have learned to not be optimistic in mentioning them without very good reason.

If they can execute Phillips & then come through with a quarterly showing ~75% revenue growth, which factoring in gov grant transitions & new sales in all markets should definitely be attainable, then I'd be a very happy holder. Plus over $1m due this quarter from tax rebate & final grant payment (I think).

I really think we get the large majority of the Australian RAC market on board by EOCY. The coverage of MPS Connect & BESTMED is almost 2,000 facilities which would reach the majority of that remaining 40% of beds. 80-90% = profitability. Speeding up implementations will be key to get that cash money rolling in each quarter.