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Beyond Medical Technologies Inc C.DOCT

Alternate Symbol(s):  DOCKF

Beyond Medical Technologies Inc. is a Canada-based company. The Company has no business operations and has no revenue. The Company is seeking new business opportunities.


CSE:DOCT - Post by User

Post by bennysauron Nov 29, 2018 1:19pm
161 Views
Post# 29040534

Q3 financial statements and MD&A

Q3 financial statements and MD&AFor anyone that missed it, Micron Waste Technologies did release their Q3 financial statements and MD&A on Monday of this week. Not much to report on the financial statements (no sales and therefore still in the red). Here is an update on operations and business development: Operations Following the successful implementation of the first commercial-grade organic waste management system delivered to the client at the end of Q2, the Company has committed additional resources to procure additional systems to meet contractual obligations. The Company continues to improve several aspects of its systems including process optimisation and automation. Over the next quarter, the Company will be engaged in scaling up efforts for mass production, starting with streamlining supply chain procurement and distribution. Business Development The Companys business development team continues to strengthen relationships with leading Licensed Producers (LPs) as well as Pre-Licensed Producers (PLPs) in Canada and in the United States. The Company continues to develop relationships with distribution and support partners, laying out the groundwork for system deliveries to clients in 2019. So... not sure if by contractual obligations they are referring to one that are already in place, or ones they hope to obtain in the future. But in any case, looks like they will be ramping up next quarter and they wouldn't be ramping up unless their Cannavore is really close to commercialization.
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