$ECHOIQ LTD(EIQ.AU)$  [Shy] OMG!!! What can I say?? With gold, silver, bitcoin and tech sector in correction party, EIQ feels even stronger now than when I first shared the company! 

The best part? FDA for EchoSolv HF is still on track BUT the submission outcome is still unknown... Meaning there is going to be a lot more upside to the company's share price if they obtain its approval! I had thought EIQ received the FDA clearance when I saw the sudden price spike this morning... Enter medical device bigwig in Australia, $PRO MEDICUS LTD(PME.AU)$ , which has invested in the company, and become its spokesperson (aka reseller of it's EchoSolv product suite)! PME, for those who don't know, is a heavyweight in ASX, with a market cap of around A$18B. For Australian stock market, that is huge! Furthermore, despite its Australian root, its major market is actually in US, accounting for nearly 90% of its revenue. So, it makes sense for EIQ to join forces with PME to widen its catchments in US market... 

Yes, it is still early days for EIQ. I expect a lot more for the company, especially in anticipation of it's EchoSolv HF FDA's approval. With HF approved, we are no longer looking at a niche market. The pie 🥧 would be so wide! With PME helping with the reselling in US, distribution across all major hospitals is just a matter of time. Bright future ahead indeed with today's announcement! There's also a M&A element in today's deal... But that would have to wait for itself to play it out...

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