Is something like this what one will hear at the SH meeting??
Throughout the year our dedicated staff continued to prepare the ValiMed G4 platform for industry rollout.
Our team was confident we would emerge from bankruptcy and continued to develop new opportunities for our technology.
We secured a large order for our third generation ValiMed, which we expect will bring us well over $400,000 dollars by the end of the second quarter of calendar year 2013. This order should also bring a steady recurring revenue stream from continued cuvette sales as the units are utilized.
The interest and demand for our ValiMed G4 system has been very good. We expect our first unit placements in the first quarter of calendar year 2013 and are expecting multiple placements per quarter going forward. We also continue to see demand in the ID2 Meth Scanner business driven by the adoption of the technology into the prisons and jails systems and the growing awareness of the various housing authorities and home inspectors around the country. Due to budget constraints in law enforcement, we do not expect significant sales in the Pocket ID2, although we continue to get feedback from authorities indicating that it is something that law enforcement would like to have in their arsenals. As budgets improve we expect additional sales to follow.
Only one statement is NOT forward looking. The rest are at best, Vague.
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