Another nothing burger fake press release!
There is no sale or lease mentioned. No terms!
It’s total misdirection and dishonesty.
Here is a key….
- "The agreement grants Bellin Health full autonomy with respect to its operation of the PURE EP™ System, and BioSig will not be required to provide an on-site clinical account manager following the new system install."
BECAUSE THEY CAN'T.
BSGM has no cash no resources no support so they are unable to provide on site after market follow up.
I’d call this a liquidation of inventory before they close the doors.