Ekso Bionics Holdings Inc (EKSO)

[Rhetorical]

Military Construction and Veterans Affairs Appropriations Bill: IMPACTFUL TO EKSO


"As the only company that can legally promote our product for stroke, we are thrilled that in September the President signed into law, the fiscal year 2017, Military Construction and Veterans Affairs Appropriations Bill. This bill encourages the development of a stroke center of excellence within the VA System. We are proud of our ongoing collaboration with the VA and Congress to advance rehabilitation for our veterans and are excited to see the growing acceptance of the Ekso with standard of care across the VA and the healthcare industry as a whole. To-date, 22 Ekso devices has been deployed across the VA including the second and third unit purchased by the parallel to VA just this past quarter, a smaller accomplishment that can mean so much for our model moving forward. In Q3, we sold our first unit to a clinic where demonstration was not required. We feel like this milestone along with a number of repeat orders we are seeing from existing customers signified that the market is catching onto our value proposition."

From the q3 earnings transcript

http://seekingalpha.com/article/4021812-ekso-bionics-holdings-ekso-ceo-tom-looby-q3-2016-results-earnings-call-transcript?page=2

I think that's why we spiked so much after hours. I'm definitely going to buy back soon