POSC .11 x .115. HUGE POTENTIAL HERE CHINA - CANADA - EUROPE PETSCAN MARKET.
Machines sold for 1.3 million each.
Closed up going away on HUGE VOLUME. Was up to .13 after deal announced for revenue producing sale of 13 million, beginning of new relationship and restructuring.
Next stage PR is scheduled for 7/15/04.
This is a real company with a real business plan, fully filing, not a typical P&D penny.
If you run the revenue numbers, even with dilution, you get a .50 valuation.
Provider of PET scan medical imaging, it signed a deal for 13 million in revenue, enough to justify a price many times current pps.
This is just the beginning as they are going after the PET scan market in Europe and China and Canada. Medicare has just increased payments for PET scans for Alzheimers.