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Re: None

Tuesday, 10/23/2012 11:00:25 AM

Tuesday, October 23, 2012 11:00:25 AM

Post# of 77519


A portion of the customer purchase agreements is included in the one million dollars mentioned in the press release. The customer purchase agreements include an ongoing three year commitment that calls for a minimum of one hundred MMRPro systems per quarter beginning April 1st 2013. The customer purchase agreement which is the subject of that order, is for the sale of a number of MMRPro systems to result in $5,000,000 to $16,800,000 in purchases and/or license fees to the Company over a period of three years. Further details will be incorporated in the Company's Quarterly Report on Form 10-Q for the third quarter of fiscal 2012, and a copy of the signed purchase agreement will be filed therewith. END..End of "burn" rate next year and clear skys for MMRF and us.. Patent strength will be very apparent in the coming months in the form of revenue from multiple medical related entitys!...JMO...Tiffer

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