Medx Health Corp V.MDX

Investor Intel update with Mike

[Dunworkin2]

Aiming to have 158 scopes in play by end of Q1. He also vaguely touched on Brazil. No word on Mexico.

https://youtu.be/4-ncyM6DgU4

[Insightful1]

If you do some back of the napkin numbers Q1 would potentially see this kind of revenue; 158 scopes @$5,000                                                       = $790,000 in hardware revenue 158 scopes x 5 scans a day x$15 per scan x 60 days   

[Dunworkin2]

Well since Mdx did $94,000 in sales for Q3, even being a bit more cautious with your estimate and say the installs are late getting out so they only do $200,000 in recurring revenue, we would still be at $1M in sales for Q1 which would be phenomenal. Let's hope Q4 starts off a nice trend up and Q1 (reported by May 31) takes off.  Any luck finding out Beacon's net share position?

[Insightful1]

Beacon is a brokerage firm and as such merely acts as an agent. They write research coverage, amd get paid a fee to introduce MedX to their investors in the case of a financing. Beacon does not invest in MedX or any other companies they provide research to.  I suspect as MedX starts to show revenue they will get more fully engaged and go back to their investors until then I suspect they