MetAlert Inc (MLRT)

[rakindjo]

Great information, Huck. Thanks for the correction. The following may explain the income from the last reported 10Q from April and the low amount of apps:
http://www.equities.com/news/latest-blogs/gtx-corp-expands-gps-smartsole-u-s-sales-team
Most of the sales force assembled in February consist of care home operators who may not track their patients/residents via cell phone application.
The retail front for regular consumers wasn’t launched until March and beyond:
http://finance.yahoo.com/news/gtx-corp-expands-sales-channels-130500188.html
http://gpsinsole.com/blog/gps-smartsoles-expanding-u-s-territory-new-rep-florida/
http://gpsinsole.com/blog/gtx-corp-launches-fulfilment-center-ireland-support-smartsole-sales-europe/
and the list goes on…
I can understand this strategy because not everyone will flip the bill of $300 for hardware and $25/month, whereas those who come from the desired care homes (GTXO’s Niche) more than likely will qualify for the full reimbursement from the various states that have approved it. I do like your idea of tracking sales for the individuals who do not fall within the reimbursement criteria and will use your links to project sales to retail consumers who are not reimbursed.
What will ultimately answer our questions will be the next 10Q. We can speculate all we like, but that will answer all of our questions. For those who are cautious, I would wait until the next 10Q before proceeding or purchasing anymore shares.