Thanks for the info Woodberry! So one of the fully functioning machines is sitting right there at the facility, but he just refuses to give anyone on the planet a live demonstration? At the very least the Radiologists should have seen it in action for their crucial report, but this just isn't jiving any more. What on earth will keep this going until June if there is no plan to show anyone what they are investing in?? I just don't see it, and obviously nobody else has or will for quite some time. What a shame!!
Question for you or anyone else at the meeting. The 100 units per year that Dean says he can produce at Burbank are slightly less than he used to project (10 per month). This brings my stock price calculation to about $1.25. My previous calculations were closer to $5 per share because I counted on 30 units per month being produced overseas which Dean has said was already worked out. Was overseas production discussed at all?
correct on 12-36 units the first year(in my opinion it was because he is anticipating approval this summer). 2nd year 100 - 200 machines. They would be sold and serviced through distributors and dealers.
correct on 2 fully operating units. The unit off site is a 3rd generation unit. He stated something about it using fiber optics (not sure how) and updated software that is able to scan soft tissue as well. This would be done on every other revolution. He also commented that it did it quite well on the soft tissue.
Dean said that the software was able do the 3D reconstruction faster than it could scan. I recorded the Q & A session on my phone and will review this weekend.
Hey Woodberry. I was there, your right on with what you posted. I woulsd also state that Dean took resposibility for the submissions and the outcome and said he was sparing no exspense to get this 510k approval and that he wants it approved more then anybody. He's already shown that he's doing what he said by hiring McDermott and the Technical Writer to get this submission filed correctly.
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