Good morning, Traders,
MFTH (Medisafe 1 Technologies) - trading around $0.30, has the rights to the first U.S. patented technology to eliminate the wrong medicine administered by syringes (U.S. patent #7347841 named "Protector for administering medicine.")
Specifically, MFTH is a Company with a product that not only saves lives by ensuring the correct medication is injected into patients... its market cap is only around fifteen million... yet its technology could save hospitals over one hundred twenty million per year.
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Immense Market Opportunity
Legislation in the U.S. is currently mandating that the healthcare industry replace traditional syringes with safer technologies.
So now, a growing number of hospitals are now implementing these safer solutions to help ensure that patients are administered the appropriate medications in the prescribed doses.
Today, the global syringe market is estimated at well over five billion annually…AND MOST OF THESE SYRINGES NEED TO BE REPLACED DUE TO THE NEW LEGISLATION!!
MFTH has been rapidly expanding its product in the market, by recently meeting with Israel’s National Ministry of Health. Several government officials were present at the demonstration including Deputy Minister Yaakov Litzman.
Factoring the possibility of widespread implementation, the total potential addressable market for MFTH could exceed one billionper year.
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I believe that after reviewing the technicals, MFTH has the ability to make an explosive rise in share prices as long as insiders let it run...
Below is another chart that details more technicals to watch for during the Monday's trading session that could offer insight about what to look for to achieve maximum potential gains...
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Medisafe has solid fundamentals, number one being the fact that they have a patented, life-saving technology that could generate significant earnings.
Technically speaking , MFTH has shown it could have a good setup to move to higher levels.
Watch MFTH trade!!
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