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Re: Vaffan-Coulo post# 10481

Sunday, 04/13/2014 1:14:16 PM

Sunday, April 13, 2014 1:14:16 PM

Post# of 15274
Only a year later and Nano topped her when in 2008 he said:

"We believe that our revenue and profits from the pain management technology will dramatically exceed those produced by any other technology in CTT's 40-year history. There is exciting potential for the success of this device in the global pain management market; a market estimated to reach $40 billion by 2010. CTT expects revenues to be approximately $20 million per year, as the device attains mature market levels."

$20 million per year? And in the SIX YEARS since, CTTC has sold around what -- less than 2 million dollars worth? Of course, I'm not counting ones that were returned and resold to the same purchaser.

Selling "miracle" painkilling machines must be a LOT harder than one might expect!

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