ULTRASIS - ONWARDS AND UPWARDS

Obphuscator2 - 19 Dec'05 - 23:06 - 9275 of 9277

It would appear to me that you have not entirely kept up with the posts on this BB, hence your concerns.

You DO however have a valid point re. the financial values of any of the contracts....the comapny has been been very quiet on this front.

IMO, they need to keep this quiet as the margins in these contracts may be quite low to get the exposure amongst the PCT's, without NICE's formal instruction. However, once NICE issues instruction, it will be a totally different ball game. Newsflow and the financial information is expected to be improved.

You also seem to be overlooking the tie up with HealthMedia in the US. Our man has already moved over to HealthMedia and there is also likely to be cross-marketing of products on both side of the pond. News from this front has to be imminent. AND...don't forget other ULT products.

As for lack of Insti's interest.... As it stands, IMO, we will not see any interest for a while. ULT needs to demonstrate with the right numbers that it is a company that is now moving up the gears rapidly. With margins expected to be over 90%, it shouldn't take much to demonstrate profitability. It is likely to be THE success story of 2006. I am not ruling out share consolidation to improve marketability.

With the arrival of new sales force and additional marketing that may be required, I am anticipating another 3 months of possible losses before the turnaround starts. With my long term interest, I expect some big bottom line figures (profit) in the 2nd half of 2006.

I am sure others here will have their views.

Regards

T_A