MX1 4.35% 12.0¢ micro-x limited

to add to @ormond comments... MX1 is building the devices.......

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    to add to @ormond comments... MX1 is building the devices.... Carestream is supplying software and digital detector plates

    MX1 / "Nano"... is to a degree piggy-backing the FDA approval process for what has already been FDA approved for the larger "Revolution" machine.

    Carestream want to sell this "Nano" as a solid (and more compact) addition to its mobile DR fleet... so have every incentive to push this FDA process through asap.... and the time saving for having some pre-approved tech will be of benefit to MX1 (not to say there weren't some delays with finalizing "Nano" hardware!)

    time-line hints at 3 months



    some relevant snippets from MX1 prospectus below...

    micro-x.com/wp-content/uploads/2016/07/Micro-X_IPO_FA_LR_1.pdf

    FDA device.png




    FDA approved software and plates 001.png



    FDA approved software and plates.png



    as for funding... will have to wait and see. may be a "Nano" milestone payment on its way that MX1 are waiting on... or a small funding round may be due.

    bsh
 
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