Microfluidics Intl (fka MFLU)

[shmoopy38]

On the MFIC CC today it was very impressive to hear about the current collaborative efforts with UMass-Lowell for a number of proposals and discussions with a "food ingredients company" which may lead to royalty income. Any execution of deals like these would certainly bump up the valuation of MFIC from just being a capital equipment producer. With much of the R&D behind them for new designed options for their equipment like constant pressure, automation features and improved sterility we are seeing an improved gross profit margin than previous sequential quarters. Management was very optimistic for the rest of the year without providing guidance but certainly 24% revenue growth and a return to profitability is a step in the right direction.