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Posted On: 05/16/2017 7:07:50 AM
Post# of 11803
DECN- Over 100% earnings growth over last year. Second quarter numbers should be even better with April and June shipments.
One thing I did notice ..."The company’s second
international agreement is through a South American financier who has businesses in Bolivia and Spain. This group
has placed a single two-year (term) order for approximately $17 million in GenUltimate! product, GenUltimate!
meters and the company’s new (2017) Firefly! Lancets. Almost 11,000 pieces (units) of GenUltimate!, 3,000
GenUltimate! meters and cases of lancets have been delivered to Bolivia. In addition, the South America financier has
funded the company’s regulatory applications (through a Spanish pharmaceutical company) with the EU, to gain “CE”
marking for its GenUltimate! and GenSure! products (and later in 2017 the company’s GenChoice! and GenPrecis!
Products) in return for the Spanish distribution rights to these two products. "
so the $17 million dollar deal is from only one distributor and it is over two years, $8.5 million give or take a year and that doesn't include the Korean distributor.
One thing I did notice ..."The company’s second
international agreement is through a South American financier who has businesses in Bolivia and Spain. This group
has placed a single two-year (term) order for approximately $17 million in GenUltimate! product, GenUltimate!
meters and the company’s new (2017) Firefly! Lancets. Almost 11,000 pieces (units) of GenUltimate!, 3,000
GenUltimate! meters and cases of lancets have been delivered to Bolivia. In addition, the South America financier has
funded the company’s regulatory applications (through a Spanish pharmaceutical company) with the EU, to gain “CE”
marking for its GenUltimate! and GenSure! products (and later in 2017 the company’s GenChoice! and GenPrecis!
Products) in return for the Spanish distribution rights to these two products. "
so the $17 million dollar deal is from only one distributor and it is over two years, $8.5 million give or take a year and that doesn't include the Korean distributor.
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