NTI 4.55% 6.9¢ neurotech international limited

Ann: Shipment of Mente Autism devices, page-7

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  1. 953 Posts.
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    It says 50 units to Italy, 50 to the rest of the world AND 20 for research purposes. So i think 100 commercial and extra 20 for the additional trials.

    Now it is important to remember that the renoegotiated Italian agreement stipulates that they pay 50% UPFRONT for their stock. I confirmed this with Wolfgang at the investor presentation. So revenue will be flowing in now. This should be confirmed in the Dec 4C.

    I think Italy by the looks of this (and the autism centres it is setting up) is now setting up for a decent push at distributing this properly. (about two years after they were meant to!!!).
 
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