Profound Medical Corp (PROF)

[James666666]

Hi. I’ve been reading the posts from you and Hayfarmer over the past few months. You’ve both made some insightful comments.

I’ve held this stock for a long time like you. Arun knows what he’s doing. He is patient and not promotional. He’s experienced and he’s built companies up and sold them before. The pandemic set PROF back and it was unfortunate to only recently get CPT 1 approval effective 2025 rather than a year earlier in 2024 if the application had been approved in 2022 rather than being withdrawn. In any event TULSA has huge potential to disrupt and become the standard of care. However, the company will almost certainly need to raise equity again as sales will not really pick up until 2025 even with c-code approval outside of hospitals. More debt as a bridge is an option but I think they will dilute again.

The stock is so thinly traded. I don’t pay much attention to the daily stock prices. If things work out - and I think there’s a good chance they do - the stock will be much much higher in a few years. The market opportunity is significant and if the company can even capture a small portion of that with a modest multiple the stock will be 4-5 times higher than it is today.

The best thing is very few people have even heard about PROF. So like all small caps there are risks but the risk reward for this one is very interesting imo.