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FluroTech Ltd. (TEST.V)
TSXV - TSXV Real Time Price. Currency in CAD
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106 reactions on $TEST.V conversation
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Consider $SONA as the reference to compare how market is rewarding +ve news.
It was $0.1, jumped all the way to $12!
In my view, $Test in many ways better than $SONA. $Test has a business, IP, and revenue (though minuscule) from cannabis business. When they sell it, it will be valued at a few times the revenue! For simplicity, $1million.
The covid test moves in stages.
1. Filling I.P
2. Receiving emergency use authorization (eua).
I.P is straight forward. Doesn’t take much time.
EUA quicker in Europe, along with receiving CE approval. That’s the strategy of majority covid-19 startups and medical companies.
When $SONA announced CE approval, stock moved +300%!
Receiving a few million dollar business in covid space is easy. And $Test is going after schools, business centres, oil fields, airports stadiums, instead of diagnostic lab-based test. A couple or contract in the above space are worth a few $$ million.
Considering the hype, business potential, and the likelihood of receiving CE approval, it is a buy. Following $SONA and other covid companies, $Test mcap could reach atleast $100 million. That’s approximately 6times the current price.
TEST.V will start riding on the wave of THERM ; a free lunch.
Buy buy buy
Buy target $0.44
although FluroTest has achieved proof of concept prototype, the testing method and device is still in the early stages of research and development and accordingly FluroTest is not currently making any express or implied claims that the technology can, or will be able to, accurately detect the COVID-19 virus. The Platform is currently pending FDA approval.
Has this test done any third party testing/validation?
On a Lighter Note guy
I think price may dance around the 39.5¢ mark . in their news release they are trying to keep it above 39.5¢ so I believe it will come back down . I'm looking to load up around 40¢
Does anyone know how many people work for this company now?
$0.40 by EOM 🚀🚀🚀
TEST is doing it right and learn from other screw ups
Why are we not in the marketplace with our units. Is it the federal government that is holding it back. Tell us what the problem is. 😢!!!!
All the chatter is about covid testing. Whatever happened to the sale of end devices to the cannabis industry? How many devices have been sold, whats the revenue from these?
When can we expect saliva test approval??
This company will take off soon dont miss out
Is this stock on fast track with the fda and if not why not.
Lots of great things happening. I am glad to be part of it. 🤩
Just got a NEW update from the company !
1.) The first sale was made in July & the sales group is being increased to provide more diverse skill sets (currently focused on Western Canada)
2.) The company is developing a hemp module to be used with the complete test and has received approval to enter the U.S. market. Field testing for hemp has already begun
3.) The accuracy of the complete test continues to improve. (from +/- 2% against reference data to 1.5%) and still compares favorably with more expensive testing devices, while being more cost effective, portable and user friendly
4.) The company is reporting 5 Mil in cash and/or liquid assets and "NO" DEBT ! !
5.) The first batch of commercial grade bio-marker has been produced and field testing has commenced with indoor growers. Field testing with outdoor hemp operations are currently projected to begin in Q3
6.) The company is now working with their patent attorney to protect the bio-marker product for "seed to sales" tracking.
I posted a blog post about FLURF if you're interested guys
Flurotech NextGen Cannabis Testing Device - HelloImX
Greetings! anybody home. Not in yet, but could I be the first on this post. Testing!
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