Our TPTW IR (Frank) responded to someone else on another platform and Essentially addressed this. So I will copy and past his exact response to the similar question by others..
From Frank @ TPTW IR Below " I feel compelled to dispel a widely circulating misunderstanding. We didn't drop the ball or miss the boat with covid. We were in the right position to capitalize on a market that NEVER emerged. States all handled their own testing and vaccines. Private sector was not engaged or was minimally engaged. Passports are not being utilized en masse as all had expected. We saw this and went to where they are being utilized. No professional sports teams adopted any testing or passport protocols.XSPA lost millions betting on airport vax/testing locations. We have made whatever we spent and more. We will also continue to pursue the avenues that are utilizing passports and testing such as the caribbean. Our initial goal for the labs was for a point of service vehicle for full diagnostics. We tried to capitalize on the covid needs but the need never showed up. We have refocused on our core businesses and will be expanding on the point of care and telemedicine for med tech. To miss a boat or drop a ball there had to be one..in this case there wasn't one."
QuikLABs were a threat to vaccine EUA...if safety was priority, testing tents would never have been a thing but then the urgency support for vaccine EUA would have been eliminated with QuikLABs everywhere...welp, EUA will be obsolete with optimum testing infrastructure only TPTW offers.
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