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The Medipattern Corporation V.MKI



TSXV:MKI - Post by User

Comment by jtmenardon Feb 15, 2012 3:18pm
225 Views
Post# 19539053

RE: Profitability

RE: Profitability

So if I understand you receive $ 20 net each time a doctor uses your technology?

The software is provided on a per use basis….every time they write a report using our software the key counts down number of reports left on key….they pre-pay for more reports…renewals can be done via the internet in quantities that suit the particular practice….we expect most initial renewals to be in lots of 10 reports and eventually for larger practices in lots of 100 reports…

 

Depending on the site…most do 1-3 reports per day…we have spoken to sites that do substantially more and hope to work out deals with them over the coming months.

 

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