Positron Corporation (POSC)

[roelien]

Medical Device companies are known for a long manufacturing leadtime (3months or more). Most of devices is Make-To-Order which causes a string of backorders to build up. Good to have that number of orders (forecasted revenue) on the books. Gives nice revenue projections ahead of realizing it as booked business so the PPS is usually going up based on signed PO's. That is if the POSC will PR the contracts in a timely manner.
There is a upfront deposit with final payment upon delivery of the device and a constant revenue stream to come from configuration setup, maintenance & service contracts for all the machines.