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Re: ProfitScout post# 33939

Thursday, 10/18/2018 2:37:26 PM

Thursday, October 18, 2018 2:37:26 PM

Post# of 37663
Won't be long before new positive developments. Medifirst recently announced that it was in negotiations to bring its FDA cleared Time Machine Laser to the China Market. The Company signed a letter of Intent with Beijing Long Tan Lake Sports Industry (BLTS) and Investment Development LLC based in Beijing China for a five-year exclusive distribution agreement. The terms, which include a significant monetary investment into Medifirst, include a 10,000-unit order for the first year of the agreement.

Commented CEO Bruce J. Schoengood, “As part of the due diligence process, we have submitted to BLTS our clinical data which includes studies, FDA 510(k) documentation and Intertek testing reports. Once BLTS completes its review of our documents, which includes an analysis of the CFDA (China FDA) registration process (though no assurances can be made), we anticipate signing a definitive agreement.”

MFST on Alert!


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