Mario79 wrote: ScreenPro had a news release this morning outlining significant increase in positve cases in their PCR results in the movie and film industry. Why is this important? Although it is bad news for people gettting covid, the more PCR tests done brings more increased revenues for DM as opposed to antigen tests. DM provides the PCR and Covid Test kits to ScreenPro and ScreenPro does the testing. COVID revenue will continue to be a cash cow for DM which is considered dilution free financing for their start up in the Medicall and EV verticals.
Here's the news release that ScreenPro issued this morning: ScreenPro Reports a Major Increase in Positive Test Results
Toronto, Ontario--(Newsfile Corp. - October 28, 2022) - ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") would like to share an internal report indicating the Company's Covid PCR (Polymerase Chain Reaction) testing has experienced a significant spike in positivity rates in their testing results in the film and production industry.
According to our PCR testing data, the positivity rate is significantly higher today at the same time last year. Below you will find our year-over-year findings:
Figure 1
To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/7406/142193_Figure1.jpg
2021 Positivity Rate | 2022 Positivity Rate | % of Positivity Rate Increase |
February 0.023% | February 1.309% | 5,591.3% |
March 0.037% | March 0.0832% | 124.8649% |
April 0.084% | April 1.166% | 1,288.095% |
May 0.039% | May 0.979% | 2,410.256 |
June 0.016% | June 0.875% | 5,368.75 |
July 0% | July 1.49% | Increased in 2022 |
August 0.138% | August 0.911% | 560.145% |
September 0.121% | September 0.899% | 642.975% |
October 0.058% | October 0.603% | 939.655% |
The current COVID-19 crisis remains a burden with an even more considerable risk to Canadians with new submerged COVID-19 variants. Variants of concern include mutations that seem to make the virus more infectious, allowing it to spread more quickly. Variants may also affect the severity of the disease, making it more lethal. There's evidence that some variants may impact on certain drugs and vaccines to protect against the virus. However, more research is needed to confirm these findings. The variants don't currently affect the performance of COVID-19-authorized tests, including rapid antigen tests. (Source: https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection.html)
The severity of Covid continues to be problematic. Many cities in Canada are facing unprecedented outcomes from the virus. Alberta has surpassed a grim milestone reporting more than 5,000 deaths related to COVID-19. Recent Provincial data shows 5,011 deaths related to the illness, an increase of 28 from last week's update. Alberta has reported the third most COVID deaths across Canada, behind Quebec, with 16,998 COVID-19 deaths, and Ontario, with 14,690 COVID-19 deaths. (Source: https://www.cbc.ca/news/canada/edmonton/alberta-surpasses-5-000-total-covid-19-deaths-1.6630762)
"With the number of people testing positive in our testing data compared to last year and the current spike in Covid cases due to new variants, the Company foresees Covid to be a remaining issue for Canadians. We are happy to help our clients to have a safe work environment," said Andrew Ryu, Chief Executive Officer and Chairman of the Company.
About ScreenPro
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario, and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its medical doctors and nursing professionals with on-the-ground support staff and transportation, with access to high-quality PPEs to ensure that clients are protected in all aspects of their testing needs.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com