Yes, the true build-outs in AZ and FL must be expe
Post# of 36568
(Total Views: 362)
Posted On: 06/19/2021 2:10:30 PM
Yes, the true build-outs in AZ and FL must be expensive. So I'm not sure how much can be accomplished in the short term (this Q, next Q). I had thought the NGH initiative (supposed to have sales by this past Thanksgiving, per the 8/26 call) was going to bring in some cash flow to help grease the wheels.
But we still haven't had revs, as far as we know. I'd be happy to see baby steps... a few service offerings with regular appointments in diabetes for one of our clinics, some RPM/CCM revs, etc. The 10K MUST have SOME revs on it.
The fact of the matter with our past dilution is that it can't have done much more than keep the lights on. At .20 - .40/share, there simply hasn't been that much cash raised.
I will say, however, that the dilution to-date is of little concern to me. It has done what it had to do: Keep the company/ies solvent. If anything substantial comes from all of Joe and Team's efforts, 120MM, 150MM, or even 200MM shares is still a low share total to share the successes with.
But we need to see the progress and successes move into the revenue-generation phase... and soon.
But we still haven't had revs, as far as we know. I'd be happy to see baby steps... a few service offerings with regular appointments in diabetes for one of our clinics, some RPM/CCM revs, etc. The 10K MUST have SOME revs on it.
The fact of the matter with our past dilution is that it can't have done much more than keep the lights on. At .20 - .40/share, there simply hasn't been that much cash raised.
I will say, however, that the dilution to-date is of little concern to me. It has done what it had to do: Keep the company/ies solvent. If anything substantial comes from all of Joe and Team's efforts, 120MM, 150MM, or even 200MM shares is still a low share total to share the successes with.
But we need to see the progress and successes move into the revenue-generation phase... and soon.
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