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The Medipattern Corporation V.MKI



TSXV:MKI - Post by User

Comment by segltechon Jul 18, 2012 9:40pm
155 Views
Post# 20128964

RE: RE: RE: RE: upcoming events?

RE: RE: RE: RE: upcoming events?

The scans reported for 2nd qtr were  Jan 17, Feb 83, Mar 248 - Excellent monthly growth.

The scans reported for 3rd qtr were 723 with no monthly totals provided. However 723/3 = 241 per month or less than the previously reported March amount.

I, like many others, wonder why the fast monthly growth that occured in the 2nd qtr died out in the 3rd qtr.and why management did not provide some explanation for this downturn.  

What if the real monthly numbers actually showed good growth in April and a serious downturn in May and/or June due to lack of product acceptance or other reasons. This would allso account for the shortfall of the PP.

Instead they reported the scans had doubled qtr over qtr. which was a ridiculous comparison as Jan/Feb/March was the startup and they came into the 3rd qtr with a previous monthly rate of 248 scans..

It now appears that we will have to wait until the later part of this year to know the real picture unless the management decides to provide an NR before then.

I entered this investment with good faith in management and product, however this recent incident has given me serious concerns about my original judgement.  

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