PEB - Pacific Edge Ltd

[Arthur]

Unfortunately not a company maker. I'm waiting for the "paid testing in USA up 200%" announcement that they should be capable of. No hope for the company if they cant get the test used in this social distancing environment. FA use doing all of those "user programmes" if they cannot even turn them into real paying customers now. They have a price, insurance companies that have agreed to pay, peer reviewed papers and several that have tested it. The sales people in the USA should be on the phone now reminding all of the previous testers that they have a no contact option.

[trader_jackson]

https://www.nzx.com/announcements/351324

looks even better now it has the big red price sensitive icon stamped on it

[Arthur]

My guess is last financial year 31/3/20 they would have sold about $700,000 for the year into NZ, Aussie and Singapore. Double that is still diddly Squat of their costs (about 2 weeks expenses) The plus side of the virus is that all those expensive travel expenses Balance has talked about will be on hold for a while. Who knows, maybe the LCD coverage will eventuate, the bad debtors will pay up and the crusty old US based urologists will start thinking of their patients as well as their bottom line.

[Minerbarejet]

The world is changing
https://www.urotoday.com/video-lectu...om-nifong.html

Internet will only be available for entertainment for 24 minutes per day in order to conduct medical diagnosis the rest of the time

[whatsup]

The world is changing
https://www.urotoday.com/video-lectu...om-nifong.html

Internet will only be available for entertainment for 24 minutes per day in order to conduct medical diagnosis the rest of the time

Can we expect more recognition / uptake of PEB in the U S from this presentation ?

[Balance]

Can we expect more recognition / uptake of PEB in the U S from this presentation ?

Like making a noise from the posterior against a howling wind.

There is only one thing which can change the fortune of PEB in the US and does not look like it's happening - LCD coverage.

[BigBob]

There is only one thing which can change the fortune of PEB in the US and does not look like it's happening - LCD coverage.

It won't happen overnight, but it will happen....!! 🙂

[Balance]

It won't happen overnight, but it will happen....!! ��

Lost cause.

If it was going to happen, would have happened by end of 2019.

[Arthur]

I fear that you are correct Balance. They do however have a number of insurance companies that have agreed to pay for testing. If they are playing their cards right they should be making big bucks in USA now. What excuse could a urologist have for not offering this no contact option for their patients? It is the perfect time for those urologists that decided there was more money in physical testing to still be able to clip the ticket during "shelter in place" They can still tell their clients they would prefer to shove a rod in their penis, but while they delay that pleasure there is another way to consult. Loving PEB as we do, I fear that they will find a way to snatch defeat from the gimme they have been handed.

[Balance]

This is pathetic, even for PEB - still searching for the Holy Grail of LCD coverage, now citing another piece of evidence to plead for LCD coverage! It was supposed to be all in the bag and a question of time, remember?

https://newswire.iguana2.com/e30d7c2...pdate_May_2020

Excerpt : "This type of real world clinical utility evidence is also required for positive coverage decisions by reimbursement agencies in the US. Significantly, we were able to add this latest piece of peer- reviewed evidence into the clinical evidence dossier that is currently being reviewed by our Medicare Administrative Contractor (Novitas) as part of their ongoing consideration of our Local Coverage Determination application."