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Medical Software - Company has been awarded significant new business in the past couple of months. Stock appears to be cyclical, good for short term, but next report may show significant strength for even stronger long-term prospects.
Posts: 87 | Registered: Aug 2007
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Another high profile client! Earnings in either this quarter or next should be pretty darn good.
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This is a very strange stock. I've never seen a company consistently report good news and lose value for it. Where are those earnings!
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Took a while, but this one is finally showing some really strong signs of potential. Lost a penny per share at year end, but these next couple of quarters are looking good. Constant news about new customers.
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Continually creeping up... closed at $.79. Earnings and conference call on Friday morning. Last quarter ended with record revenues. Nearly $10M in unrealized revenue in the backlog. If even half of that hit the books last quarter, it should be another record quarter!
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Q2 Earnings to be released Thursday morning. They've had 10 quarters of revenue growth and now all the high profile sales this year; it should bode well.
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On September 15, 2009, Inlog S.A. ("Inlog"), a subsidiary of Global Med Technologies, Inc. ("Global Med"), entered into a binding letter of intent (the "LOI") with VerlDentia, S.L. ("VerlDentia") and certain shareholders of VerlDentia pursuant to which VerlDentia agreed, subject to the terms of the LOI, that Inlog would be the exclusive distributor of VerlDentia's VerlDhemos Products (as defined in the LOI) in the United States, Canada, European Union (subject to certain specified exceptions), Middle East, Asia, Japan, Brazil and certain other countries agreed to pursuant to the terms of the LOI. The LOI, among other things, provides that Inlog would have the right to purchase either the assets or capital stock of VerlDentia on the same terms and conditions of a bona fide offer by a third party and that Inlog would have an option to purchase either the assets or capital stock of VerlDentia pursuant to certain specified terms. Inlog and VerlDentia agreed that they would enter into a definitive agreement on or before January 31, 2010 or such other date as agreed to between Inlog and VerlDentia. The parties further agreed that if such definitive agreement has not been executed by January 31, 2010 then a definitive agreement based on the terms specified in the LOI would become immediately effective and any ancillary terms not specified in the LOI would be determined by an amicable third party.
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