Profound Medical Corp (PROF)

[hayfarmer]

New installation...finally.

Happy New Year Lazer. Let's hope it's a better year for PROF.

They finally have another site listed on their website but seemed to have missed the promised 20 sites by year end. The new site is University of Texas Medical Branch. They have 12 listed plus three trial sites some of which are duplicates.

If you believe what mgt says in their conf calls they already have 25 sites contracted as of the last call so I don't think this is slow due to wanting more evidence but I could be wrong. Hospitals have been overwhelmed with patients world wide even before this current covid spike. I think the company should turn any focus away from hospitals right now because they are overburdened and under staffed and probably don't have the time to work with Profound installation. The company said in the last call this was an issue. I hope they have changed their strategy. I have emailed them my opinion on this but of course get no reply.