InvestorsHub Logo
Followers 38
Posts 4356
Boards Moderated 0
Alias Born 10/18/2014

Re: None

Thursday, 11/09/2017 4:33:24 PM

Thursday, November 09, 2017 4:33:24 PM

Post# of 37663
MFST - I don't expect to see any Sales reported on the 9/30/17 Financial Statements. The Morroco Distribution agreement was signed on 8/31/17 and it sounded like there was still a hold-up in the device registration process at that time:
We are working with our distribution partner in Morocco to complete the device registration process, which we believe is almost complete, and we are confident we will be successful. - (Per the 8/31/17 PR on this matter).

And, since the Morocco Agreement was PR'd with an 8-K, I would have to think that we would have heard if there had been any agreements subsequent to the Morocco Agreement.
Sounds to me like we won't see Sales until 2018. Hope I am wrong.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.