Somes informations from CEOMe: Hi Mr. Adams,
first of all thank you for your great job as VPT CEO
I am a shareholder of your company, and I would like to know if VPT is waiting for FDA approval to announce sales of the VMS. Also, is there any problem with FDA approval, seems like the delay is longer than expected. I'm invested since 2 years and really look forward to see some news and hospital buying VPT's product
Thank you
Best regards
Patrik
From G.Adams
We are waiting on FDA approval to announce sales in the USA. We did announce new 4 chamber machine at heart centre in Edmonton and we have more to once the machines are installed. I agree it has taken a long time to get traction in a he hospital marketplace as their procurement processes are archaic at best. We have some great sites coming up soon so hang in there. Sales team in Rurope this week and so we will be getting in depth understanding in major markets UK, Germany,France.
We are still being told cardiac imaging needs to be better and we are the only ones with a breakthrough technology. Everyone wants someone else to go through the learning curve and then tell them how it was. Once we get a few vented using 4C- VMS+ the adoption rate shipyard increase. We are also working to lower the cost of the hardware so we can switch to a SAAS revenue model. The GST development is moving along very well as the new team under Desmond is experienced and focused. Better cardiac diagnosis and care for all especially children is the goal and we are very close.
Thanks for the support,
George Adams Cell: 519.803.6937