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Re: southswell7 post# 14397

Saturday, 08/17/2019 7:13:48 PM

Saturday, August 17, 2019 7:13:48 PM

Post# of 200690
So I dug a little deeper into this group and took into consideration what Jody said about 1 unit per 150 beds and prices running between $7,500-$8,500 a month.

First, here is the Group.



As you said Morgan Stanley was the pilot hospital for the group to implement the system in all their hospitals, including the #1 hospital in New York and #5 hospital in the US New York Presbyterian.

The total number of beds for the entire group is 5,950.

With Jody's clarification of 1 per 150, this group alone represents 39 systems at $8,000 a month average price. This is $312,000 per month and $3,744,000 in recurring annual revenue.

This group also has 18 other facilities that, if they're installing systems in all the hospitals, would likely be potential installations as well.



I was a little tired of tracking down beds so for the sake of laziness if each of these facilities installed just 1 unit we are talking another 18 units or $1,728,000 recurring annual revenue.

So for full implementation of just this one group we are talking $5,472,000 in annual revenue.

Considering there are 20,000 facilities including hospitals, assisted living, and medical centers in the US alone, that PCT has already been given approval from some of the most respected facilities in the country to install the system, and that there is no product currently available to match this system, I would tend to agree with the CEO, that this is going to ramp up very quickly. With $9,250,000 in capital provided after paying off the debt with this Ontario deal, the money is there for a massive rollout.

PCTL!!