TS03 Inc Trust Units TSTIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:How good are the fundamentals?

[GoPats1]

This is THE major sticking point for investors/potential investors when looking at the company-SELL THROUGH to hospitals. It is standard business practice that suppliers cannot comment on end user sales. This typically does not matter but since TSO3 only has one customer(Getinge), it initially becomes problematic; TSO3 cannot comment on hospital placements since they are Getinge's customers, not TSO3's. This issue gets solved in two ways: 1) over time, the company should break out consumable sales and 2) more importantly in the short term, one would hope that the company will provide investors with some sense of sell through during their "investor day" in early Jan-either by receiving permission from Getinge or with Getinge. You touch on an important issue-over time, consumable sales will be THE DRIVER for stock valuation which is why the company's sole goal over the next couple of years is unit placement.