RE:RE:RE:Remote training and installationGrahamB wrote: leonenoel wrote: Hi Jennifer,
The CEO said during the June 10 webinar that GE's revenue model is to place the machines for free and collect pay per use fees from insurance reimbursements. He also specifically said that the buyout agreement is for 80-100 machines sold or placed.
GE will send the Ventripoint equipment "ipad on a stick" as an upgrade to to their ultrasound machines already installed in hospitals and clinics.
GE just needs to call the places with their machines and say "we have an essential free upgrade, it will take 15 minutes to install and learn how to use it. When can bring it over?"
Jennifer you indicate that :"He also specifically said that the buyout agreement is for 80-100 machines sold or placed."
You are stating that a buyout agreement has been established.
This is material and would , to my understanding of securities regulations, warrant a SEDAR filing.
I follow SEDAR filings closely and can not verify your statement.
Can you clarify?
G
At about 52 minutes the possibility of a buyout is discussed if sales/revenue materializes, as I understand it.
There is no mention of an agreement to sell the company as you have stated above.
'If anyone can provide proof of an agreement, please do so.
Otherwise such statements are promotional and misleading.
'Promotional videos with speculative statements don't cut it.