MEDirect Latino Inc. Achieves Record Revenue Results in February

Posted on: March 8th, 2006
Filed Under: [ Hispanic News ] [ Press Releases ]
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“MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced record results for February 2006 in gross billings, new patient shipments and call volume. MEDirect Latino reports gross billings of $906,936 during the month, a 12.67% increase over January’s billings of $804,949. The Company’s gross product profit margins remained unchanged at 78%. Total new patient shipments for February numbered 3,672, an increase of 15.25% over January’s shipments of 3,186. The Company’s ‘patient hold journal’ (approved and pending shipment for regulatory processing), closed the month with 4,447 additional customers, an increase of 8% over January 4,106, approved and pending shipment for regulatory processing. MEDirect Latino expects to monetize its approved and pending patient orders in March, which is typical to the industry model.”

SOURCE: in English / Fuente en Ingles
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