Medx Health Corp V.MDX

Turkey's population is over is 84 million

[Insightful1]

Turkey's population is over 80 million and they have done a lot to transform their healthcare system so every citizen has access.

https://www.worldbank.org/en/about/partners/brief/turkey-transforming-health-care-for-all

This is a large market and MedX has partnered with a distributor that has strong penetration in the medical device market and lots of local knowledge.

https://www.makromed.com.tr/en/

It is more evidence of the execution they have been discussiong with shareholders. Naman their Managing Director has now brought the Netherlands onside, Italy and now Turkey. He seems to have sorted out how to get the EU market moving.

[Dunworkin2]

A couple key take aways from the release: 1) ...clinical trial of the technology at three university hospitals across Turkey in early 2022. (Will take some time to launch) 2) Additional commercialization pilots are anticipated in the coming months.(we can expect more pilots to be launched) Will be nice when we see announcements on successful pilots and full commercializations in

[hopefull]

agreed I think expecting followups but hey we know how that goes. The announcement could have shed light on whether it's a paid trial, how long and when it would begin. But for now it's great Turkey is at least interested.

[Insightful1]

Every Pilot Medx does is a paid pilot as was stated by Sylvain in his address to investors. So they establish a distributor and then commence pilots with key constituants. The pilots are paid for so they replicate the real world environment.The pilots usually run from a few months up to six months and then they make any adjustments on pricing or patient flow. Then they expand the number of

[hopefull]

if I am understanding you correctly investors can expect to finally see some income showing up in Q 3 of 2022. This is when we will see the viability of the buisness model?

[Insightful1]

I do not understand at any level how you came to that understanding. MedX gets paid (revenue) from the moment they commence a pilot/trial. They do not donate the hardware they get paid (revenue) they get paid per consult (scan fee) so if they are running numerous trials globally then every trial is contributing revenue immediately. As trials/pilots prove to be valuable then they would naturally

[hopefull]

fair enough but it would be nice to have consistent updates of either revenue or scans monthly. By your statements we should see significant numbers come the finacials that are due by the end of the month. This will be the true litmus test. Not sure why Medx isn't sharing this more frequently. Need a cheerleader in the mix.

[hopefull]

INSIGHTFUL1.......... Please share with us how it won't take 3 quarters to show scale revenue. If Turkey is first part of2022 by the time it's past the pilot stage and generating revenue at scale it will be months later and even longer to show on the balance sheet. At A market cap now 16.5 million you can enlighten the group here how Medx turns this into a 100 million cap we are at least a