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WhiteSahara

02/16/21 8:34 AM

#25153 RE: Think1st #25151

I think we get a PR in the next couple of days. Like the last one, expecting it to be fairly comprehensive. Probably not 13 bullet points like last time, but meaty. GRST had $600K in revenue the last PR for a two month period. Expecting $700+ for a single month this PR. Ethema Health is the real deal.
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ACLTear

02/16/21 2:17 PM

#25166 RE: Think1st #25151

I agree with this strongly. I did some research on COVID Clear and found their website, which honestly kind of sucks. Their testimonials page has one quote from a principal at some prep school in Florida.

It reads, “ I’m trying to do everything possible to make the environment as safe as possible for my students and teachers… so COVID CLEAR is one element of what we’re doing.”

So not exactly a glowing endorsement from the one testimonial on the page. I had also wanted to see some PR about it since it seemed like it was going to be a big deal and they did pay a significant amount for it. But it might have been more about controlling the product they use for the ARIA facility and less about an additional stream of revenue. The space that COVID Clear operates in is so dense nowadays that I imagine it would be hard to create revenue from it.

All in all, I think we should only expect revenue from ARIA. We should also prepare ourselves to not hear much until after Q1 ends. Maybe they give us a PR before then, but I don’t know what it could be about. They are starting to generate revenue so we just need to see where that takes us. Just be prepared and willing to wait for it.