BSD Medical (Long Term Investment Oriented) Message Board

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Biotech / Medical : BSD Medical (Long Term Investment Oriented)

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To: pleonastic who wrote (61)	1/10/2013 12:02:08 PM
From: geoffrey Wren	1 Recommendation Read Replies (1) of 178

BSDM earnings out. Loss of $2.2M, slightly less on cash flow. If nothing changes there are due for a secondary within 6 months or so. You cannot wait until you are down to your last million before doing the secondary. If things are looking up, they would want to defer the secondary until they could get a better price per share. They stated: "We recently shipped a new BSD-500 Hyperthermia System and we currently have additional sales backlog of four hyperthermia systems which we will deliver in fiscal 2013,” said Harold Wolcott, President of the Company. “We are encouraged by the progress we have made in our MicroThermX® Microwave Ablation System (“MicroThermX®”) business. We experienced a 586% increase in sales for the MicroThermX® product line for the fiscal quarter ended November 30, 2012, as compared to the fiscal quarter ended November 30, 2011." The big question is how this quarter's sales of MicroThermX products is shaping up in comparison to last quarter's. No hint on that.

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