Profound Medical Corp (PROF)

[Lazerking40]

This is good news for sure. I don't have the data to back this up, but it seems like a long time between purchase order to fully operational site. Regardless, if they can get to 25 sites doing 3 procedures each week x roughly $5,000 per procedure, we get to roughly $5M/qtr. All rounded numbers. These aren't where I wanted to be at this stage but does at least warrant a little higher valuation than where we are at. Slow and steady with these guys....