Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum The Medipattern Corporation V.MKI

TSXV:MKI - Post Discussion

The Medipattern Corporation > Profitability
View:
Post by jtmenard on Feb 15, 2012 2:52pm

Profitability

What are your projections for the national launch of your technology?
We are still working out the workflow issues before we do a national launch…still expanding in the northeast for now.

What are your projections of income per unit sold? We receive $30 per report from the clinics we deal with less any commissions to resellers…so say $20 net to us…

Do you reach profitability in 2012?

Our goal is to be profitable by the end of calendar 2012 if we keep up the pace we are on…

Comment by jtmenard on Feb 15, 2012 3:18pm
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 ...more  
Comment by xsnrg on Feb 15, 2012 6:19pm
Thats more in line with recent expectations of $2.5M revenue per year and that's just the per scan fees of $20.  Things are looking good to me, I still can't believe we aren't moving yet but we will soon IMO.  SOON!!!!!
Comment by requiemeterna on Feb 15, 2012 8:25pm
My source tell me  it could be  $ 50. x scan - comm.  time will tell.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities