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Wednesday, 08/08/2018 3:35:40 PM

Wednesday, August 08, 2018 3:35:40 PM

Post# of 894
I'm new to AHGIF, crappy forecasting is a concern. They forecasted $75 million for Q4-17 thru Q3-2018. Now a news release in TDAmeritrade has forecasting for MJ testing that looks really good. Believe it? Here it is:

Alternate Health expects to begin testing samples in August and is targeting a ramp up to a monthly sample rate of 25,000 - 30,000 by December 2018. August is forecasted to begin with approximately 5,000 to 6,000 samples monthly with an increase of 5,000 to 6,000 additional samples per month. The assumptions on sample volumes, both to start in August and the December projections, were made after carefully reviewing the current needs and future growth projected by the referring entity.

Regional fees per sample run between US$50.00 to US$250.00, with averages falling into the US$130 to US$150 range. Costs and expenses associated with performing the tests certainly vary with volume, with Alternate Health's historical numbers falling between US$35.00 to US$70.00 per sample.

"This is a major step forward for the Company and Alternate Health Labs," says Dr. Michael Murphy, Chairman and CEO of Alternate Health. "This deal represents the culmination of all the hard work and dedication we have put into our laboratory strategy."