Posted by bdw2trade on 25th of Jan 2025 at 03:58 pm
Thanks Steve, yep I did read it carefully and can see the
potential.
One question did come to mind was the statement that they had
not sold any units in several years prior to the recent 8 units.
Is that due to not having FDA approval or just a timing issue
with newness of the existing SPECT units ?
Good question - that was not a surprise as the company could not
sell the new systems without the Neusoft partnership being
organized as the FDA advised. The FDA wanted them to be a
manufacturer license which takes longer. This was all
approved just a couple months ago and now the order flow has begun
with a Bang! These are expensive items and an order for one
unit is great but multiple units are huge. Price and quality
unmatched - POSC will move the first 20 units at a slight discount
but be mindful the larger profit margins in this business are the
recurring revenues for service annually (5 year contracts that can
then be extended). So you make money on sale and service
agreement. Now imagine just the recurring income on just 30 units
and growing annually. As an astute investor stated, the
market cap could be $200 million right now.
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Thanks Steve, yep I did
POSC
Posted by bdw2trade on 25th of Jan 2025 at 03:58 pm
Thanks Steve, yep I did read it carefully and can see the potential.
One question did come to mind was the statement that they had not sold any units in several years prior to the recent 8 units. Is that due to not having FDA approval or just a timing issue with newness of the existing SPECT units ?
Good question - that was
Posted by steve on 25th of Jan 2025 at 04:37 pm
Good question - that was not a surprise as the company could not sell the new systems without the Neusoft partnership being organized as the FDA advised. The FDA wanted them to be a manufacturer license which takes longer. This was all approved just a couple months ago and now the order flow has begun with a Bang! These are expensive items and an order for one unit is great but multiple units are huge. Price and quality unmatched - POSC will move the first 20 units at a slight discount but be mindful the larger profit margins in this business are the recurring revenues for service annually (5 year contracts that can then be extended). So you make money on sale and service agreement. Now imagine just the recurring income on just 30 units and growing annually. As an astute investor stated, the market cap could be $200 million right now.