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Re: Amigo Mike post# 4664

Thursday, 07/07/2016 3:46:51 PM

Thursday, July 07, 2016 3:46:51 PM

Post# of 5089
It is nice to see the first outright sale (with option to purchase 2 more) of QVH v.3 occur right at the start of the quarter here. I like the mention that they found a way to connect with older analog C-Arms and won't be limited to digital only devices. Significantly adds to the number of potential placements.

Also nice to see a QVH placement with a "pay per use" model. Definitely a model allowing for far less outlay of cash from the user and hopefully a regular per use fee coming into SPIN. Should be interesting to understand how that eventually pans out and whether the number of uses leads to an outright purchase. Wonder if there is a minimum monthly payment that includes a certain number of uses .... and then additional payment is required when exceeding that number of uses. Reason I wonder of course is that SPIN should be paid even if placed in service but ...... not used at all. This type of arrangement I would think would be more likely initially .... so that Drs wouldn't have to put out the upfront cash as in an outright sale.

Be interesting to see how the rest of the 3rd quarter plays out. Nice start to get the QVH ball rolling. A couple legacy business affiliates (to include QVH) and some additional 3rd party sales should make the quarter a nice launching point for growth in revenue and earnings.

Amigo Mike