RE:4 scenarios for SP by the end of 2018mingzhu wrote: 1, $2
no more contracts and no deployment of Rio
2, $5
more contracts of 100k patients or delpoyment of Rio
3, $10
more 100K patients and deployment of Rio
4, $2-$5
more petients but less than 100k
Deployment of Rio is extemelty significant many shareholders may not be aware of. Rio had 36k patients last year and ihas ncreased doctors from 17 to 24, up 44% this year. Patients should increase proportionally to 50K. Some of the patients require iUGO functions of virtual ward and vritual visits to doctors. That is $50/month more fee. Say 30% patients need such serrvice, that is equivalent to 65K patients. Rio is different from home care angecies. It is clinician associations, total different front, new potential area to scale up. Deployment of rio opens up another field. at present Rio is soemthing like a patient, neither alive nor dead, it is something between. i will give up the hope by the end of 2018 if it stiil no the deployment. CEO should discuss Rio in more details in upcoming CC.
Realistically, there is NO scenario that gets us to $10 by the end of the year. In a year or two, sure, but not that quickly. It doesn't matter if they make contracts for 200,000 (well, it matters), right now they are strictly beholden to whatever Foracare can produce. If they can only get 5000 units of hardware a month, it would take them over 3 years to actually onboard that many....
Apple can have demand of 100 million iphones, but if they can only actually sell (produce), 50000 in a year, that share price is dropping to $5, no matter what the "demand" is ......
What we reaaaallly need to see happen, is a willingness to use devices that aren't made by Foracare, so that the ramp up in production can be taken on by many different suppliers. That is what I desperately hope happens if they get a contract in Australia. Hopefully, they will have a different product that they will want to use (local), and that a second supplier will ramp up supply....