TS03 Inc Trust Units TSTIF

RE:RE:44 units shipped and 11% increase QoQ in revenues

[echo2]

Revenue of 5.1 M with street anticipating 5.3
Net loss 1.8 M with street estimate 1.4 M
Increase in margins and profits shows continued healthy growth
The increased net loss was presumably related to the slight increase in R&D... Will be interesting to see where this money is being spent when we hear the CC in the AM... ?related to 80L development, ?due to increased demands on TSO3 as they work with OEM's, ?the prion study, further FDA claims costs, other technological developments?...

Very significant reference made in the management commentary to the new manufacturing facility in the US... Again, expect considerably more colour on this tomorrow... ?any firm details ?where ?when

Delivery of 44 units to Getinge is in line with the street, and beat my estimate by 4, (and Bossu's by 7... :) ).

The only thing we don't yet have yet is a reference to actual installs, and everyone seems to be wanting to see this... Is traction finally happening? are there 50 or 60 (or even 80+) units already installed or being installed? What kinds of orders are now coming in? Large? Small? Getinge has not allowed management to discuss this, but one would hope RR has let the distributor know this is information of vital interest to his investors and that Getinge cannot continue to force him to keep this secret...(especially as this lack of transparency has allowed unscupulous disingenuous con artists like the 'professional shorter' Axler to suggest the ridiculous possibility of only 10 units installed!)  

As many have suggested here, perhaps TSO3 might even see it worth their while to get more involved in overseeing and helping manage sales and installs, and educating potential and new clients, especially in the GI area, just as they have assumed control of educating the Getinge sales and service workforce.

With the regulatory winds blowing firmly in TSO3's favour, management must seize these opportunities!