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  • canstic1 canstic1 Apr 24, 2013 1:43 PM Flag

    Some details about the Terumo agreement and the first sale coming in May

    This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

    Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

    "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

    It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

    After the agreement with Terumo was signed and announced on April 8th, this came:

    Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

    Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

    Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

    THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

    This is why everyone expects a substantial sale to made to Terumo BEFOR that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

    Hope that helps.

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    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFOR that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps

    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFORE that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps

    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFOR that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps

    • Tick tock......Up,up and away soon!

      Sentiment: Strong Buy

    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFORE that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps

    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFOR that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps.

    • excellent DD

    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFORE that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps

    • Tick Tock.......Any day now mega order!!.......I added another 2,000 shares today!

      Sentiment: Strong Buy

    • This is from the conference call on March 6th, right before the master distribution agreement was signed. It's a direct quote from the call, all of which can be found on Seeking Alpha website:

      Butch Wolcott in response to the amount of sales Terumo will generate, said the following:

      "The distribution partner is required to give us annual forecast. The first three months that they give us are binding. There is no upfront payment, but we have a very clear path forward with regards to what the sales line will be so we can do very careful planning. There will be a cash outlay to fill that pipeline, but it's a very attractive number with regard to sales and the profitability of those sales......100 countries is a very wide ranging territory and this company has a lot of direct sales horsepower to really deliver on this agreement. So, that will be a little cash paying in the beginning, but it will be a very profitable agreement for us."

      It is pretty clear from this that the capital raise was done on Apr 9th. was to fill this pipeline.

      After the agreement with Terumo was signed and announced on April 8th, this came:

      Terumo Europe NV is a wholly owned subsidiary of global medical device leader Terumo Corporation, which has nearly $5 billion in annual sales and operations in over 160 countries

      Exclusive agreement for distribution in 100 countries; potential market size in excess of $1 billion in annual sales; Agreement expected to drive BSD revenue growth toward profitability

      Harold Wolcott, BSD President and CEO: "Revenues from our agreement with Terumo Europe NV should commence by the end of the third quarter of our fiscal year 2013..."

      THE END OF THE THIRD FISCAL QUARTER IS MAY 31, 2013.

      This is why everyone expects a substantial sale to made to Terumo BEFOR that date. I can find NOTHING to refute this. It is a DONE DEAL. Major distribution of the MicroThermX begins NOW. It is just the FIRST sale of many to come, for many years.

      Hope that helps.

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