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Notes from CC....

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dr_airtime   Thursday, 12/20/18 01:16:01 AM
Re: zoom22 post# 396
Post # of 424 
Notes from CC....

...typed on phone have asleep on West Coast time. $C 110mm doubling of revenue again in 2020 is my note as CEO conveniently mentioned this via a reference to what ‘many investors expect’. First retail shareholder was pretty upset as feels like CEO keeps boasting about huge upside in the future. This didn’t
Materialize in 2018 (revenue flat year over year).

- Middle East - $30mm in Fy19
Rev. Rc’d a delivery schedule. Last 6 months Mar-Sept is when deliveries will happen.

- 25mm of recurring revenue from US now w aquagiard. 1500 hospitals and clinics.

- Expect europe and latam sales in fy19 for first time

- Direct UK Sales Force working now

- Currently selling into latam. Expect chile, mexico to be big markets.

- Starting point is 55mm base revenue in fy19. Investors expect to double again in fy20 to 110mm.

- Ceo expects 20% ebitda margins going forward, similar to current levels.

- Expect to graduate up to TSX in 6 months. Nasdaq far away

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