GREY:XEBEQ - Post by User
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SORNG1on Jul 11, 2021 3:42pm
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Post# 33527972
Awaiting INMATEC updates
Awaiting INMATEC updatesI'm hoping that Xebec will give some insight in the present state of sales with INMATEC. There was a question about whether hopsitals would still require large quantities of oxygen after the COVID pandemic was over. Well--it's not over folks. Most of the world is seeing increased activity of the Delta strain because of the fact they have little availability of the vaccine. Hospitalizations are again going up. Oxygen demand also. The US is in the enviable position of having plenty of vaccine available by simply presenting yourself to a vaccination center. However, tragically, due to vaccine hesitancy we are seeing significant outbreaks in Springfield, Missouri, and other states, particularly in the South. 99% of the hospital deaths are in unvaccinated people. Who would put themself at risk when the vaccine is so easily available? That aside, INMATEC has provided the opportunity for hospitals to generate oxygen on site rather than through a third party provider supplying tanked oxygen. What are the present INMATEC numbers and what is the future guidance? Hopefully we will get an update on INMATEC prior to the upcoimng earnings report.