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3P, I totally agree with you. The reason I kept on investing in this sub-penny stock is that I realized the company is looking out for the interests of the stock holders because of the various resons you cited.
Dilution happened. MC has not changed that much.
Hey DDLS, when it was 40 cents what was the market cap?
How much was the 2nd Payroll Protection Program Loan?
Their OEM partners can sell actipatch under their own brand names in the US.
How big is the company selling the KT tapes? What is it's revenenues?
Agreed. The success of this company now seems assured.
That's a lot of shit.
EU MDR has been extended to go into effect May 26, 2021.
BIEL's MC is less than 20 million. The MC can realistically go up to be in the billions.
You could be right there. More information will come out in the coming years and we will find what the actual number is. Just for a ballpark number, adjust your possible PPS value accordingly. Lets say that the net profilt is $3/unit. Then with 10million sales/year and a PE of 100, PPS = 11.2×3/7 = 4.8cents.
The assumed PE of 100 is an attempt to take care of high growth. But actual sales could far outstrip this assumption. With sales of 100 million per year. With $7 net profit and PE of 30. PPS = 7×100,000,000×30/62billion = $0.34.
I used 5 million because KW indicated her goal was 4+ million in 2022. But my analyses goves ne a ballpsrk idea of what the pps could be given 5 million sales.
If sales are 5 million units in 2022. Net profit = 5,000,000×7=35,000,000. This assumes $7 net profit per unit. With PE of 100. This is reasonable given potential for future high growth. Market cap = 3.5 billion. Assuming fully diluted shares of 63 billion, pps = 3.5/62 = $0.056.
What will the pps be upon FDA approval? Any guesses?
I have been here for a while because of the potential. I am convinced I will make money in this stock after full body approval.
My deepest condolences to Mr. Whelan's family. Biel has been part of my life for about 10 years. I will miss his presence.
Rest in peace Mr. Whelan.
I stand corrected. Mundipharma and Purdue are owned by the same family, and MP is not owned by Purdue.
So Mundipharma might be sold by Purdue.
Purdue owns Mundipharma.
I agree that full body approval is coming. Probably in oct/nov this year. It is now just a matter of marketing. We should trust management in navigating the hard and treacherous path to big sales.
MT right on.
Please ask Whelan to throw some clatity here.
B.Braun program to use actipatch is almost dead.
Last year we were talking the same way about Dr.Scholls and B.Braun. Nothing happened.
What can you do about that, other than posting here?
PH - My thoughts:I think the real breakthrough will come when we get full body approval in US. This may not happen soon. NHS apparently is not funding Actipatch, hence Braun is not going forward. Scholl's fell through because Bayer bought Monsanto. CVS fell through because, i think, there never was a direct direct talk with them. Full body approval might change that. Still things can change if say Walgreens agrees to sell actipatch knee. I doubt that will happen.i think things will change after a year when the Australian back pain testing is completed.
As you I think Andy may not have been totally responsible for the current situation. I think his biggest mistake was the back pain testing that they did. I think that test should have been done with at least 100 persons and not the 60 they used. If they did that, I think they stood a better chance of showing efficacy for both men and women. The problem they are now having is because they do not have full body FDA approval. However, these tests are expensive and Andy did what he could with the money he had.
I have gone to a CVS near me and have seen restocking myself.
Agree.
How do you know?
Increased sales are already happening.
The potential value of the company is huge imo. Just how do we get there is the question. The products work. I think that's clear to most of us.
I think we knew about the inadequate ceo. But the belief in the efficacy of the product is very high. Thats why a lot of stay here - i think.
Dew, I somewhat agree with you. This ceo is trying to save money, but in the long run, he loses more money. Penny wise, pound foolish.
I think they want to buy more shares at a cheaper price.
Or, what you are saying is false?
Isn't next quarters revenue guaranteed to increase a lot?