Investor emotionsIt's easy to see a lot of people see this technology as being deployable THIS second. Consider any tech company that showcases their new groundbreaking technology, it doesnt hit shelves and consumerism until later. the COVID - 19 screening is a relatively new vertical for PMED. PMED's pilots are still taking place for Impairment and general health diseases. This doesnt mean their technology isnt ready to go, simply that the necessary progression is executed first.
Also, for end users to organize the logistics and operations of their technology and what practices they use will take time. We still have yet to see arenas open (albeit MLS, NHL, and NBA seriously pushing to start gain). Once they do and open to public, they will need to with the most attention and scrutiny to avoid public backlash, and increase public safety. Could PMED install juicework scanners at player, personnel, and fan entrances? I think so. I also hope so! Technology takes time to reach the correct personnel and draw a plan. And to think, this is just one of many sectors that have been affected by covid , and i'm sure they aren't even confident how the new normal will affect them going forward . How will 2020/2021 seasons look ? still without audiences? ouch. They need something.
I invested in the company because of the AI impairment technology, figuring a case study would be complete in ~July. They seem to be ahead of the game with the deployment in Hindalco. I sure hope it is going well. Also, with the deep learning being conducted at Max healthcare, indicates the technology is still learning, and is exactly where it needs to be. In 2 months the telemobile acquisition will be complete and end users will start to see the benefits of PMED technology being retrofitted. The volatility we see isn't surprising. Check your expectations and consider others. I could cash out for a payday but my game is long. Is yours? maybe those buying at 1.00 couldnt stomache risk and are pulling out. Tough luck!
Juiceworks has their own gig going, and sure enough, garnered attractions from the get go. I dont see conventions starting again but they sure can be considered to start again sooner because of this technology. The contract in Jamaica could be a pioneer success story if they bridge customers to the company. For a global entity, I believe certain nations will continue to join PMED and their team, already having such diverse reach. I cant imagine there will be greater public news stories until one of the scanning facilities are deployed and met with success. Why else would they want to tout a start up for the second time without this milestone?
Maybe i just have the dreamers disease. Can I get a scan please? LOL