Avricore Health Inc V.AVCR

Alternate Symbol(s): AVCRF

Healthcare Diagnostics & Research

Avricore Health Inc. is a pharmacy service innovator focused on acquiring and developing early-stage technologies aimed at advancing pharmacy practice and patient care. The Company is involved in the business of health data and point-of-care technologies (POCT). HealthTab, its flagship offering, is a turnkey point-of-care testing solution that combines point-of-care technologies with a secure, cloud-based platform for tackling pressing global health issues. With just a few drops of blood from a finger prick, the system generates lab-accurate results on the spot and data is reported in real time. The test menu includes up to 23 key biomarkers for screening and managing chronic diseases, such as diabetes and heart disease (e.g., HbA1c, Lipid Profile, eGFR). The HealthTab also has capabilities for bacterial and viral tests, such as strep and COVID-19. The HealthTab platform transforms pharmacies into community point-of-care diagnostic centers.

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Avricore Health Inc

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Comment by Sdmsdmon Oct 13, 2015 9:13pm

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Post# 24188767

RE:RE:RE:RE:Observations from an outsider

I agree the inventory build is intriguing. Add in the prepayments and the potential is higher.

I take a slightly less agressive view on Q2 sales but think we are on track to be cashflow positive in Q3 (Jan-Mar) 2016. That would be an incredible outcome for a business that only started selling a few months ago.

Also, more news on OTC products imminent I think.

Looks good at this point IMO. Will be buying more on any weakness. Management are derisking this business progressively and methodically.

SDM

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