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Re: pearsby09 post# 428

Friday, 12/08/2017 5:15:45 PM

Friday, December 08, 2017 5:15:45 PM

Post# of 617
Persby,

Listen to the last conference call.

Starting buying about .50 but picked more along the way. Last purchase was in the .80s. The business model is beautiful. They remotely monitor at-home patients with 2 or more chronic diseases. They receive $50 a month for each patient they monitor. They are adding about 2,000 patients a month and should be up to 30,000 patients at the end of 2018. Their burn rate will stay pretty much the same at about 250-300k per month. It's a cash cow. The CEO is VERY sharp and very conservative.
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