NanoLogix Inc (NNLX)

[Petro_Drlg_Engineer]

Per posted question of: "how much of that market do you think Nanologix can capture?", out of a budget of $257,953,000.

It's ALL a wild guess, in my personal opinion, unless the University provides more budget detail. NanoFan's/Capitalismforever guess was $10,000 which by basic math works out to .004 of 1%. Maybe he can be so bold as to provide exactly how he determined this was the % of the market that Nano could capture.

Was going to pick a fairly small number, but the first line of the post also states exactly: "budgeted $257,953,000 for medical supplies in 2014."

Per the 2013-14 Total Operating Budget.pdf:
Page 7 - paragraph 3: "continue to bild on several expense savings strategies that have included strategic procurement initiatves such as reducing the number of supplies in our database; leveragin the buying power to negotiate more aggressively...". Seems Nanologix has been successful in getting added to the list - good accomplishment for the company!

Page 14 - Fiscal 2014 Consolidated Budget: Operating Expenses - Supplies $257,953,000 - matches Nano/Cap's number.

Page 33 - "The new James Cancer Hospital/Solove Research Institute is scheduled to open in late 2014/early 2015." New hospital should mean increased need for medical supplies.